Strapping Machine Market Size – By Type, By Material, By Application, By Distribution Channel Analysis, Share, Growth Forecast, 2024 - 2032

Strapping Machine Market Size

The global strapping machine market size was valued at USD 5.8 billion in 2023 and is estimated to grow at a CAGR of over 5.5% from 2024 to 2032. Several factors are directly linked with the demand for strapping machines, and its market is determined by these factors. Strapping Machine needs are great for the expanding e-commerce sector.
 

As international online shopping continues to expand with growing demand, especially from North America, Europe, and Asia-Pacific, the requirement for reliable and effective packaging systems has grown. Strapping machines are needed for e-commerce companies so that goods would not be damaged during transportation. With the surge of online shopping, especially in bulk, has increased the demand for automation in strapping systems.
 

Strapping Machine Market Trends

• Another essential trend in the strapping machine industry we are observing is the shift towards eco-friendly and sustainable packaging solutions. With global concerns of sustainability of the environment becoming more evident, the need to address plastic and other forms of waste in packaging is concretely getting more attention.
   
• Strapping machine suppliers are reacting to this movement by getting rid of the traditional plastic straps and instead implementing systems that utilize biodegradable, recyclable, or even paper strapping materials. Furthermore, there is a movement towards using recyclable polyethylene terephthalate (PET) and polypropylene (PP) straps, which have a much smaller ecological footprint than polypropylene ones.
   
• Some companies are developing machines that enhance the control of the amount of strap applied while reducing the strap used to decrease material waste. The increasing consumer pressure in conjunction with tightening regulations concerning packaging materials suggests that such trends will gather pace in coming years.
   

Strapping Machine Market Analysis

One of the notable market trends is the increasing number of strapping machine manufacturers in the industry. Historically, strapping machines were built for more universal usage; nowadays, vertical markets like pharmaceutical, food and beverage, textile, and automotive need specialized equipment. As an illustration, for the pharmaceutical sector, regulations about the safety and tamper-evidence of products mean strapping machines have to be built in such a way that they provide reliable tamper-proof sealing. Also, within the food domain, hygienic strapping machines able to withstand cleaning and food safety measures are gaining market penetration. In the automotive industry, there is also a growing demand for strong, heavy-duty strapping machines for securing large and heavy components. This practice of specialization is the result of an increase in the detail of packaging needs of various businesses.
 

• The semi-automatic segment reached USD 2.2 billion in 2023 and is estimated to grow at a CAGR of around 5.9% from 2024 to 2032. These machines are able to satisfy the increased rate of penetration of semi-automatic strapping machines into e-commerce, logistics, and manufacturing by enabling them to provide greater sustained packages of high-speed feeds.
   
• Also, as companies grow in size, the necessity for automation to maximize efficiency, reduce labor expenditures, and limit the chances of human error becomes fundamentally important. Automatic equipment, on the other hand, is best employed in product assembly lines, warehouses, and distribution centers when high throughput is required, as packages can be strapped at much greater speed compared to manual or semi-automatic systems.
   

• The polypropylene segment held 40% shares of the strapping machine market in 2023 and is expected to increase about 5.5% CAGR through 2032. Of all the materials used for strapping, polypropylene strapping is one of the most frequently used materials because of its lower price compared with other strapping materials.
   
• This is particularly appealing to the e-commerce, consumer goods, and retail packaging industries that have high-volume packaging operations. These markets are always looking for cheap packaging, which is well served by PP as it is cheap yet still strong enough for many lights or even medium-weight items.
   

• The U.S. strapping machine market dominated 82% share in 2023. The dynamic expansion of the e-commerce sector is one of the main factors in the increase of strapping machines in North America. The growth of online shopping patterns has also complicated the packaging needs, as shipped goods require a much larger volume to be strapped securely.
   
• The increasing demand for affordable and more effective solutions in the e-commerce order fulfillment center, warehouses, and retail distribution chain is encouraging the use of automated and semi-automatic strapping machines to execute such large volumes and orders with less human effort.
   

Strapping Machine Market Share

Currently, the most significant players in this market, such as Signode, Transpak, Mosca, Fromm Packaging Systems, StraPack, M.J. Maillis Group, Samuel Strapping Systems, and Packway, accounted for between 5 to 10 percent of the market share in 2023. These firms are engaged in mergers and acquisitions, facility expansions, and joint ventures to enhance their product offerings, broaden their customer base, and capture a larger market share.
 

A good reputation of a reseller who has predictable quality products brings them a competitive edge most of the time. Quality control and refurbishment are important for resellers as it earns customers' trust too. Orders and return guarantees would distinguish those resellers in the market. Increasing customer care, post-selling or repair services enable resellers to manage the trust of sellers, which makes the resellers more profitable. Clarity in advertising and use of nicely designed websites and social networks enable resellers to penetrate and expand the larger market. Political strategies can increase their relative effectiveness.
 

Strapping Machine Market Companies

Major players operating in the strapping machine industry are:

• Beumer Group
• Dynaric
• Fromm Packaging Systems
• Ishida
• M.J. Maillis Group
• Mosca
• Packway
• Polychem
• Samuel Strapping Systems
• Samuel Strapping Systems
• Signode
• Solinear
• StraPack
• Transpak
• Wexxar Bel
   

Strapping Machine Industry News

• In August of 2022, TRANSPAK launched its inaugural fully automated strapping machine capable of instant packaging of any height or width of product.
   
• Recently in August of 2022, Reisopack launched its strapping bands that can be used on a diversity of strapping machines. These bands are manufactured from plastic that has been mixed with residual materials resulting in having superior properties.
   

 This strapping machine market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) & volume (Thousand Units) from 2021 to 2032, for the following segments:

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Market, By Type

• Automatic
• Semi-automatic
• Manual

Market, By Material

• Polypropylene
• Steel
• Polyester
• Others (composite, etc.)

Market, Application

• Logistics & transportation
• Packaging
• E-commerce
• Manufacturing
• Construction materials
• Textiles
• Food and beverage
• Others (pharmaceutical, etc.)

Market, Distribution Channel

• Direct
• Indirect

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia 
• Latin America
  • Brazil
  • Mexico
• MEA
  • UAE
  • Saudi Arabia
  • South Africa