Key Insights and Trends
- The Asia-Pacific strapping machine market secured the dominant position in 2024 and is expected to grow at a CAGR of 5.9% over the forecast period.
- By country, China is expected to register a CAGR of 5.7% over the forecast period.
- By products, fully automatic machines are projected to grow at a CAGR of 5.4% over the forecast period.
- By application, the food and beverage category is projected to grow at a CAGR of 5.4% over the forecast period.
Market Size & Forecast
- Market Size in 2024: USD 5.62 Billion
- Projected Market Size in 2034: USD 8.98 Billion
- CAGR from 2025 to 2034: 4.80%
- Dominant Regional Market: Asia-Pacific
Extensive Use of Strapping Machine in the Food and Beverage Industry is Boosting the Industry Growth
The market for strapping machine is being aided by the robust growth of the food and beverage industry. As food and beverage products require enhanced security to prevent contamination, strapping machines are increasingly being used in food and beverage packaging, which is propelling the market growth. In addition, the rising demand for strapping machines for palletisation in the food and beverage industry is augmenting the industry growth further. The growing use of plastic-based strapping is also increasing the use of strapping machines, which is fuelling the market growth. Moreover, the cost-effectiveness of strapping machines makes them ideal for use in logistics and transportation, which is further invigorating the market growth. As hand tools of versatile materials, such as steel, are increasingly being deployed in packaging, the demand for semi-automatic strapping machines is surging significantly, which is propelling the market growth. Furthermore, the development of strapping machines that can provide cost-effective and simple methods for food and beverage packaging while increasing their durability is significantly contributing to the market growth.Strapping Machine: Market Segmentation
A strapping machine, variously known as a bundler, is a machine that is used to keep boxes, bundles, and packages that are held tightly together. It is used in the packaging of products, such as food, household appliances, and beverages. The straps provided by strapping machines are typically made up of polyester, polypropylene, and steel.The major product segments in the market are:
- Semi-Automatic
- Automatic
- Fully Automatic
The market can be broadly categorised on the basis of its materials into:
- Steel
- Polypropylene
- Polyester
By applications, the market is divided into:
- Food and Beverage
- Consumer Appliances
- Household Appliances
- Newspaper and Graphics
- Others
The report looks into the regional markets of strapping machine like:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Rising Demand for Strapping Machine in the E-Commerce Sector to Invigorate the Market Growth
The demand for strapping machines escalated due to the robust growth of the e-commerce sector. As major e-commerce platforms, such as Amazon and eBay, are increasingly improving their logistics, strapping machines are being deployed in warehouses to wrap plastic or other materials around the product to prevent mechanical damage, which is augmenting the market growth. Strapping machines are also increasingly being deployed to enhance workers’ safety by preventing the risk of injuries, hence further bolstering the industry growth. In addition, fully automatic strapping machines are cost-effective and eliminate labour costs for strapping, due to which it is extensively used and is fuelling the growth of the market.As the logistics industry is significantly growing while adopting various technological advancements, such as robotics, artificial intelligence (AI), and the Internet of things (IoT), among others, the demand for strapping machines for effective packaging is surging, which, in turn, is propelling the market growth. Moreover, the advent of Industry 4.0 is increasing the use of machinery for tedious tasks, which is also expected to increase the deployment of strapping machines, which is further projected to propel the market growth in upcoming years.
Key Industry Players in the Global Strapping Machine Market
The report presents a detailed analysis of the following key players in the global strapping machine market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:- Dynaric, Inc.
- Polychem Corporation
- StraPack, Inc.
- Transpak Equipment Corp.
- Signode Industrial Group LLC
- Fromm Holding AG
- Others
Table of Contents
Companies Mentioned
The key companies featured in this Strapping Machine market report include:- Dynaric, Inc.
- Polychem Corporation
- StraPack, Inc.
- Transpak Equipment Corp.
- Signode Industrial Group LLC
- Fromm Holding AG
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 173 |
Published | August 2025 |
Forecast Period | 2025 - 2034 |
Estimated Market Value ( USD | $ 5.62 Billion |
Forecasted Market Value ( USD | $ 8.98 Billion |
Compound Annual Growth Rate | 4.8% |
Regions Covered | Global |
No. of Companies Mentioned | 7 |