This Horizontal Strapping Machine market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Horizontal Strapping Machine market.
Global Horizontal Strapping Machine: Market Overview
Strapping machines are used to dispenses, seal and tighten straps while bundling or packing. It allows the horizontal strapping of palletized loads by means of straps made of polypropylene or polyester. Horizontal strapping machine is ideal for cartons, books, calcium-plastic cases, hard and soft packages. Horizontal strapping machine is easy to use and has low maintenance costs. It can straps all kinds of articles whether it is in the form of square, cylinder or in any annulation. Horizontal strapping machine provides accurate positioning of straps and high production throughput of 8 straps per minute depending upon load size and conveyer speed. Semi-automatic horizontal strapping machines & fully automatic horizontal strapping machines are preferred by manufacturers. Selecting horizontal strapping machine is very crucial as if not selected properly it can damage the product during transit which can lead to inappropriate packaging. The main application of horizontal strapping machines includes commodity, apparels, newspaper and merchandise products, food & beverage, chemical, machinery & hardware & textile industries
Horizontal Strapping Machine Market: Dynamics
The growing demand in packaging industry for various applications is appraised to be a key factor. Horizontal strapping machines are very popular due to strap guide system, safety device & top-down or bottom-up strapping patterns and are preferred over vertical strapping machine. With the rise in online shopping, the manufacturers are preferring the horizontal strapping machines where proper packaging of products or parcels is one of major concern. Furthermore, in the developing economies such as India and China of Asia Pacific are witnessing enormous growth in the horizontal strapping machines. Factors such as increasing disposable income and changing lifestyles are driving the food & beverage industry which in turn driving the growth of horizontal strapping machines in most of the industries.
Utilization of horizontal strapping machines in various industries such as commercial & general packaging, newspaper printing and many other industry is expected to fuel the demand in the market. Rising consumer awareness towards the food safety is also driving the demand for sealed packaging which further increases the demand for horizontal strapping machines. However, large capital investment, availability of conventional machines and use of aluminum as a substitute for strapping is likely to hinder the horizontal strapping machine market
Geographically, the horizontal strapping machines can be segmented into North America, Europe, Latin America & Asia-Pacific region and Middle East & Africa (MEA) regions. The Asia Pacific regions are expected to drive the growth of horizontal strapping machine market by the rising demand from countries such as India, China and Japan respectively.North America is expected to witness a strong growth in the strapping machine due to the high growth in the food and consumer good packaging industry in the region.Europe is expected to achieve average growth whereas Middle East is experiencing slower growth in the horizontal strapping machine market.
Horizontal Strapping Machine Market: Key Players
Some of the global key players in the horizontal strapping machine market are as follows:
- Join Pack Machines Pvt. Ltd.
- Vinayak Packaging Industries
- Messersì Packaging S.r.l
- Dynaric Inc.
- Go Packaging LLC.
- Mosca GmbH
- Strapex Group
- Signode Packaging Systems Corporation
- Transpak Equipment Corp.
- StraPack Inc.
Horizontal Strapping Machine Market: Key Developments
- FROMM Holding AG., a Switzerland based company has acquired PAC Strapping Products Inc. and US Strapping Company Inc. in 2018.
- StraPack Inc. has expanded its third manufacturing site in 2013 & acquired Nichiro Kogyo Co., Ltd., a leading machinery manufacturing industry.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Horizontal Strapping Machine Market: segmentation
On the basis of material, global horizontal strapping machine can be segmented as:
On the basis of product type, global horizontal strapping machine can be segmented as:
- Semi-automatic horizontal strapping machine
- Automatic horizontal strapping machine
- Fully automatic horizontal strapping machine
On the basis of end use industries, global horizontal strapping machine can be segmented as:
- Food & Beverages
- Electronics industry
- Pharmaceutical & personal care
- Chemical industry
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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What will you discover from Horizontal Strapping Machine Market report?
- The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
- An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
- Extensive database and key dynamics elevating the market with varied verticals associated
- Underlying Horizontal Strapping Machine Market forces that are compelling consumers or businesses to purchase the product
- How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Horizontal Strapping Machine Market
- What will be environment and regulatory impacts on the market over the next decade
Which framework has been used to develop the Horizontal Strapping Machine Market report?
- Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
- Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
- Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)