Automatic Strapping Machines Market Anticipated to Grow with High Single Digit CAGR over Forecast Period 2032
Award winning market research and competitive intelligence provider Fact.MR’s recent report forecasts a healthy growth trajectory for the global automatic strapping machines market. Extensive uptake across the global packaging industry is the chief growth accelerator.
Sales were temporarily dented in the initial months of the COVID-19 pandemic crisis, triggered by mandatorily imposed lockdowns which disrupted logistics, industrial operations and supply chains. Eventually, prospects heightened as restrictions loosened.
In its most recent exhaustive coverage on the market, Fact.MR elaborates on the primary growth accelerators responsible for shaping historical demand trends in the automatic strapping machines industry, notably from 2016 to 2020. In addition, in-depth demand forecast for the 2021-2031 assessment period has been incorporated.
High Competition Leads to A Consolidated Future for an Automatic Strapping Machines
As the automatic strapping machines is an expanding market there is major competition among the key players.
Prominent players include
- Transpak Equipment Corp.
- Polychem Corporation
- Signode Packaging Systems Corporation
- Australian Warehouse Solutions
- Dynaric Inc.
- StraPack Inc.
- Samuel Strapping Systems
- Venus Packaging
- MOSCA GmbH.
Primary emphasis is on innovations to maintain their market share and widen client base. Constant research and development are going on for the cost-cutting of the automatic strapping machines, so they attract new consumers.
Key Developments in Automatic Strapping Machines Landscape
MOSCA International, a prominent strapping solutions providers, offers UCB, a fully automatic corrugated cardboard strapping machine, equipped with a banding system to ensure the highest possible transport security.
With MOSCA’s new banding system, consumers can expect glossy printed materials or other fragile products to arrive at their destination 100% intact. It was developed in collaboration with ATS Tanner.
As a result, MOSCA has been able to develop innovative approaches for its standard models and support its customers’ processes more effectively. In addition, having both banding and strapping services in one machine helps the customers to tailor their bundling operations accordingly.
In another instance, Duo Plast developed automatic pallet strapping machines from PAMMINGER for securing and bundling. Pamminger offers a wide range of established series production equipment that is tailored to individual needs. In addition to their durability, they are highly efficient as well.
Depending on the package type, it is recommended to secure it with strapping, stretch wrap, or both, whether by semi-automatic or fully automatic machines.
What Factors are Driving Demand for Automatic Strapping Machines?
Over the years, e-commerce demand has increased exponentially across all continents. This demand especially accentuated amidst the pandemic crisis, as stay-at-home directives compelled customers to make their purchases online.
With several durable and perishable commodities being traded across virtual platforms, manufacturers are investigating robust packaging solutions to effectively transport them across different regions. This is inclining demand for automatic strapping machines.
Extensive applications across the food & beverage industry is further driving demand for automatic strapping machines in the past few years. Moreover, manufacturers are investing more in automatic strapping machines to achieve cost and product efficiency, having more focus on the safety of the package which boosts the growth of the global market.
Besides being product efficient, the automatic strapping machines also help in reducing the manual effort that was put earlier to pack the products which were not safe to transfer from one place to another.
Automatic Strapping Machines: Segmentation
The market is segmented into product types, material types and end use industry
The automatic strapping machines have various types of strapping machines used in the packaging industry for more safety and efficiency of the product.
- Fully automatic strapping machines
- Automatic strapping machines
- Semi-automatic strapping machines
- Semi-automatic carton strapping machines
- Box strapping machines
- Tabletop strapping machines
- Low tabletop strapping machines.
The automatic strapping machines can be further divided into the materials that are used for the longer efficiency of the machines.
- Zinc coated
- Stainless steel
- Regular steel
- High tensile steel
The automatic strapping machines are used in many end-use industries.
This helps the growth of automatic strapping machines that are
- Food and beverage
- Consumer good
- General packaging
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