Be it bundling, banding, or pallet wrapping, every type of strapping equipment is crucial for packaging in various sectors for product safety. In light of this trend, the growth of the Strapping Equipment Market is to garner a 2.30% CAGR from 2024 to 2034.
The packaging team at Future Market Insights concluded that this market will be worth USD 1.7 billion by 2023. Robotics and Automation will aid the market to reach a valuation of USD 2.2 billion by 2034.
| Report Attribute | Details |
|---|---|
| Market Value in 2023 | USD 1.7 billion |
| Market Value for 2024 | USD 1.8 billion |
| Forecast Value for 2034 | USD 2.2 billion |
| CAGR from 2024 to 2034 | 2.30% |
To get a competitive advantage in the strapping equipment industry, manufacturers can deploy the following:
The strapping equipment market has historically grown at a CAGR of 1.60%. When following the same market over a ten year prediction period, from 2024 to 2034, an increase in growth may be seen. The CAGR will reach 2.30% by 2034.
| Historical CAGR from 2018 to 2023 | 1.60% |
|---|---|
| Forecast CAGR from 2024 to 2034 | 2.30% |
The introduction of smart strapping systems is one advancement for strapping equipment. Real time monitoring and optimization of strapping operations is achieved by integrating sophisticated sensors and networking elements in these systems.
They can give data analytics for predictive maintenance and performance improvement, detect abnormalities, and modify tension levels.
Smart strapping systems are an innovative option for contemporary packing processes because they increase productivity, decrease downtime, and improve overall dependability by combining automation and IoT technology.
Escalating Need for Portable and Lightweight Strapping Equipment across Sectors to Push Sales
The need for strapping solutions that are lightweight and portable, especially in sectors like construction and agriculture is aiding market growth globally. These industries often require portable packaging solutions to bundle and secure goods in far off or transient places.
In response to this trend, manufacturers have developed small, portable strapping equipment that is highly capable of performing, appealing to a small but expanding market group that values ease and flexibility.
Volatile Raw Material Prices to Stifle Global Demand
The price volatility of raw materials, particularly for plastic strapping materials that come from petroleum based sources is a significant threat to the market. Price stability and profitability issues can arise from raw material pricing fluctuations, which can have a substantial influence on production costs and profit margins for providers of strapping equipment.
Unstable economic conditions and geopolitical issues can intensify price volatility, making it more difficult for market participants to make strategic plans and investment decisions.
This section analyzes two particular market segments for strapping equipment, the dominant product type, and significant end use industry. The two main segments discussed below are the horizontal strapping machines and the logistics and transportation sectors.
| Product Type | Horizontal Strapping Machines |
|---|---|
| Market Share in 2024 | 67.30% |
The ability of horizontal strapping machines to safely strap huge, heavy, or oddly shaped goods will make them more popular in the market, gaining a 67.30% market share in 2024. By providing accurate and automated strapping, these machines lower labor costs and guarantee a constant level of strapping quality.
Their adaptability further makes them ideal for warehouses, distribution hubs, and industrial sites looking to optimize their packaging procedures and boost output. They can also meet a wide range of packaging requirements from different sectors.
| End Use | Logistics and Transportation |
|---|---|
| Market Share in 2024 | 46.1% |
Strapping equipment will become more popular in the logistics and transportation sector due to the industry's focus on productivity and cargo security and achieve a 46.1% market share in 2024.
Strapping equipment lowers the possibility of damage or loss by ensuring that commodities are safely packaged and secured during travel. The industry's requirement for strapping equipment is further fueled by the growing need for dependable packaging solutions brought on by the expansion of e commerce.
This section will detail the strapping equipment markets in a few key countries, including the United States, Canada, Germany, the United Kingdom and South Korea. This section will emphasize the different factors propelling the growth of these equipment in the regions mentioned below.
| Countries | CAGR from 2024 to 2034 |
|---|---|
| The United States | 0.90% |
| Canada | 0.60% |
| Germany | 0.70% |
| The United Kingdom | 0.90% |
| South Korea | 2.40% |
The rapid development of e commerce and the expansion of manufacturing are two distinct reasons fuelling the need for strapping equipment in the United States, garnering a 0.90% CAGR through 2034.
The increase in online shopping has made effective packaging solutions necessary, which has increased the need for strapping equipment at distribution facilities and warehouses.
The demand for strapping equipment to secure items during the production, packing, and shipping processes is also generated by the resurgence of domestic manufacturing, which propels market expansion.
The booming logistics and transportation sector in Canada is one of the factors propelling the market, expanding at a 0.60% CAGR.
The demand for effective packaging and security solutions to guarantee the prompt and secure transportation of goods domestically and abroad is expanding due to Canada's large geographical area and huge trade networks. This fuels the demand for strapping equipment in transportation hubs, warehouses, and distribution facilities, hence fostering expansion.
Germany is renowned for having a strong industrial foundation that includes sectors like electronics, machines, and automobiles, all of which significantly rely on effective product packaging.
The region's market expansion is supported by a steady demand for strapping equipment, which is used to secure items during production, storage, and transportation operations. These factors will help the demand for strapping equipment and garner a 0.70% CAGR through 2034.
With continuing infrastructure projects and residential constructions, lumber, steel, and bricks are always in high demand. Trapping equipment is necessary for these materials to be bunched and secured during storage, shipping, and on site handling.
The demand for strapping equipment to guarantee the safe handling and transport of building materials is rising as long as construction activity stays healthy, pushing the industry to gain a 0.90% CAGR through 2034.
Robotics and automation solutions are among the latest innovations South Korea is renowned for using. Specific strapping equipment coupled with robotic systems for automated packing operations becomes necessary due to this emphasis on automation.
Combining automation with strapping equipment results in increased productivity, precision, and efficiency, propelling market expansion only in South Korea, and pushing the demand to a 2.40% CAGR through 2034.
Market players in the strapping equipment industry strive to achieve innovation, reliability, and customer satisfaction. They focus on developing cutting edge technologies to improve equipment performance, enhance efficiency, and reduce maintenance requirements.
Players aim to expand their product portfolios to cater to diverse customer needs and emerging market trends. Strengthening after sales services, including technical support and training programs, is also prioritized to ensure seamless integration and maximum uptime for customers, fostering long term relationships and sustainable growth. The key players in this market include:
Key Developments
| Market Player | Intel Corporation |
|---|---|
| Product Portfolio |
|
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 2.30% from 2024 to 2034 |
| Market value in 2024 | USD 1.8 billion |
| Market value in 2034 | USD 2.2 billion |
| Base Year for Estimation | 2023 |
| Historical Data | 2018 to 2023 |
| Forecast Period | 2024 to 2034 |
| Quantitative Units | USD billion for value |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Automation, Product Type, End Use, Region |
| Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East & Africa |
| Countries Profiled | United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel |
| Key Companies Profiled | Signode Industrial Group LLC; Cyklop International; Dynaric Inc.; Fromm Holding AG; StraPack, Corp.; Messersi Packaging Srl; Mosca GmbH; North Shore Strapping Inc.; Packmaster Machinery Pvt Ltd; Polychem Corporation; Samuel, Son & Co. |
| Customisation Scope | Available on Request |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by Automation, 2019 to 2034
Table 4: Global Market Volume (Units) Forecast by Automation, 2019 to 2034
Table 5: Global Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 6: Global Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 7: Global Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 8: Global Market Volume (Units) Forecast by End Use, 2019 to 2034
Table 9: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 10: North America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 11: North America Market Value (US$ Million) Forecast by Automation, 2019 to 2034
Table 12: North America Market Volume (Units) Forecast by Automation, 2019 to 2034
Table 13: North America Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 14: North America Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 15: North America Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 16: North America Market Volume (Units) Forecast by End Use, 2019 to 2034
Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 18: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034
Table 19: Latin America Market Value (US$ Million) Forecast by Automation, 2019 to 2034
Table 20: Latin America Market Volume (Units) Forecast by Automation, 2019 to 2034
Table 21: Latin America Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 22: Latin America Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 23: Latin America Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 24: Latin America Market Volume (Units) Forecast by End Use, 2019 to 2034
Table 25: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: Western Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 27: Western Europe Market Value (US$ Million) Forecast by Automation, 2019 to 2034
Table 28: Western Europe Market Volume (Units) Forecast by Automation, 2019 to 2034
Table 29: Western Europe Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 30: Western Europe Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 31: Western Europe Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 32: Western Europe Market Volume (Units) Forecast by End Use, 2019 to 2034
Table 33: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 34: Eastern Europe Market Volume (Units) Forecast by Country, 2019 to 2034
Table 35: Eastern Europe Market Value (US$ Million) Forecast by Automation, 2019 to 2034
Table 36: Eastern Europe Market Volume (Units) Forecast by Automation, 2019 to 2034
Table 37: Eastern Europe Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 38: Eastern Europe Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 39: Eastern Europe Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 40: Eastern Europe Market Volume (Units) Forecast by End Use, 2019 to 2034
Table 41: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 42: South Asia and Pacific Market Volume (Units) Forecast by Country, 2019 to 2034
Table 43: South Asia and Pacific Market Value (US$ Million) Forecast by Automation, 2019 to 2034
Table 44: South Asia and Pacific Market Volume (Units) Forecast by Automation, 2019 to 2034
Table 45: South Asia and Pacific Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 46: South Asia and Pacific Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 47: South Asia and Pacific Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 48: South Asia and Pacific Market Volume (Units) Forecast by End Use, 2019 to 2034
Table 49: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 50: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034
Table 51: East Asia Market Value (US$ Million) Forecast by Automation, 2019 to 2034
Table 52: East Asia Market Volume (Units) Forecast by Automation, 2019 to 2034
Table 53: East Asia Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 54: East Asia Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 55: East Asia Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 56: East Asia Market Volume (Units) Forecast by End Use, 2019 to 2034
Table 57: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 58: Middle East and Africa Market Volume (Units) Forecast by Country, 2019 to 2034
Table 59: Middle East and Africa Market Value (US$ Million) Forecast by Automation, 2019 to 2034
Table 60: Middle East and Africa Market Volume (Units) Forecast by Automation, 2019 to 2034
Table 61: Middle East and Africa Market Value (US$ Million) Forecast by Product Type, 2019 to 2034
Table 62: Middle East and Africa Market Volume (Units) Forecast by Product Type, 2019 to 2034
Table 63: Middle East and Africa Market Value (US$ Million) Forecast by End Use, 2019 to 2034
Table 64: Middle East and Africa Market Volume (Units) Forecast by End Use, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Automation, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by End Use, 2024 to 2034
Figure 4: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 6: Global Market Volume (Units) Analysis by Region, 2019 to 2034
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 9: Global Market Value (US$ Million) Analysis by Automation, 2019 to 2034
Figure 10: Global Market Volume (Units) Analysis by Automation, 2019 to 2034
Figure 11: Global Market Value Share (%) and BPS Analysis by Automation, 2024 to 2034
Figure 12: Global Market Y-o-Y Growth (%) Projections by Automation, 2024 to 2034
Figure 13: Global Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 14: Global Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 15: Global Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 16: Global Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 17: Global Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 18: Global Market Volume (Units) Analysis by End Use, 2019 to 2034
Figure 19: Global Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 20: Global Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 21: Global Market Attractiveness by Automation, 2024 to 2034
Figure 22: Global Market Attractiveness by Product Type, 2024 to 2034
Figure 23: Global Market Attractiveness by End Use, 2024 to 2034
Figure 24: Global Market Attractiveness by Region, 2024 to 2034
Figure 25: North America Market Value (US$ Million) by Automation, 2024 to 2034
Figure 26: North America Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 27: North America Market Value (US$ Million) by End Use, 2024 to 2034
Figure 28: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 29: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 30: North America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 33: North America Market Value (US$ Million) Analysis by Automation, 2019 to 2034
Figure 34: North America Market Volume (Units) Analysis by Automation, 2019 to 2034
Figure 35: North America Market Value Share (%) and BPS Analysis by Automation, 2024 to 2034
Figure 36: North America Market Y-o-Y Growth (%) Projections by Automation, 2024 to 2034
Figure 37: North America Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 38: North America Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 39: North America Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 40: North America Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 41: North America Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 42: North America Market Volume (Units) Analysis by End Use, 2019 to 2034
Figure 43: North America Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 44: North America Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 45: North America Market Attractiveness by Automation, 2024 to 2034
Figure 46: North America Market Attractiveness by Product Type, 2024 to 2034
Figure 47: North America Market Attractiveness by End Use, 2024 to 2034
Figure 48: North America Market Attractiveness by Country, 2024 to 2034
Figure 49: Latin America Market Value (US$ Million) by Automation, 2024 to 2034
Figure 50: Latin America Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 51: Latin America Market Value (US$ Million) by End Use, 2024 to 2034
Figure 52: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 54: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 57: Latin America Market Value (US$ Million) Analysis by Automation, 2019 to 2034
Figure 58: Latin America Market Volume (Units) Analysis by Automation, 2019 to 2034
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Automation, 2024 to 2034
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Automation, 2024 to 2034
Figure 61: Latin America Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 62: Latin America Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 65: Latin America Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 66: Latin America Market Volume (Units) Analysis by End Use, 2019 to 2034
Figure 67: Latin America Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 69: Latin America Market Attractiveness by Automation, 2024 to 2034
Figure 70: Latin America Market Attractiveness by Product Type, 2024 to 2034
Figure 71: Latin America Market Attractiveness by End Use, 2024 to 2034
Figure 72: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 73: Western Europe Market Value (US$ Million) by Automation, 2024 to 2034
Figure 74: Western Europe Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 75: Western Europe Market Value (US$ Million) by End Use, 2024 to 2034
Figure 76: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 77: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 78: Western Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 79: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 80: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 81: Western Europe Market Value (US$ Million) Analysis by Automation, 2019 to 2034
Figure 82: Western Europe Market Volume (Units) Analysis by Automation, 2019 to 2034
Figure 83: Western Europe Market Value Share (%) and BPS Analysis by Automation, 2024 to 2034
Figure 84: Western Europe Market Y-o-Y Growth (%) Projections by Automation, 2024 to 2034
Figure 85: Western Europe Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 86: Western Europe Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 87: Western Europe Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 88: Western Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 89: Western Europe Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 90: Western Europe Market Volume (Units) Analysis by End Use, 2019 to 2034
Figure 91: Western Europe Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 92: Western Europe Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 93: Western Europe Market Attractiveness by Automation, 2024 to 2034
Figure 94: Western Europe Market Attractiveness by Product Type, 2024 to 2034
Figure 95: Western Europe Market Attractiveness by End Use, 2024 to 2034
Figure 96: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 97: Eastern Europe Market Value (US$ Million) by Automation, 2024 to 2034
Figure 98: Eastern Europe Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 99: Eastern Europe Market Value (US$ Million) by End Use, 2024 to 2034
Figure 100: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 101: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 102: Eastern Europe Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 103: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 104: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 105: Eastern Europe Market Value (US$ Million) Analysis by Automation, 2019 to 2034
Figure 106: Eastern Europe Market Volume (Units) Analysis by Automation, 2019 to 2034
Figure 107: Eastern Europe Market Value Share (%) and BPS Analysis by Automation, 2024 to 2034
Figure 108: Eastern Europe Market Y-o-Y Growth (%) Projections by Automation, 2024 to 2034
Figure 109: Eastern Europe Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 110: Eastern Europe Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 111: Eastern Europe Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 112: Eastern Europe Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 113: Eastern Europe Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 114: Eastern Europe Market Volume (Units) Analysis by End Use, 2019 to 2034
Figure 115: Eastern Europe Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 116: Eastern Europe Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 117: Eastern Europe Market Attractiveness by Automation, 2024 to 2034
Figure 118: Eastern Europe Market Attractiveness by Product Type, 2024 to 2034
Figure 119: Eastern Europe Market Attractiveness by End Use, 2024 to 2034
Figure 120: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 121: South Asia and Pacific Market Value (US$ Million) by Automation, 2024 to 2034
Figure 122: South Asia and Pacific Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 123: South Asia and Pacific Market Value (US$ Million) by End Use, 2024 to 2034
Figure 124: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 125: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 126: South Asia and Pacific Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 127: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 128: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 129: South Asia and Pacific Market Value (US$ Million) Analysis by Automation, 2019 to 2034
Figure 130: South Asia and Pacific Market Volume (Units) Analysis by Automation, 2019 to 2034
Figure 131: South Asia and Pacific Market Value Share (%) and BPS Analysis by Automation, 2024 to 2034
Figure 132: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Automation, 2024 to 2034
Figure 133: South Asia and Pacific Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 134: South Asia and Pacific Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 135: South Asia and Pacific Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 136: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 137: South Asia and Pacific Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 138: South Asia and Pacific Market Volume (Units) Analysis by End Use, 2019 to 2034
Figure 139: South Asia and Pacific Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 140: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 141: South Asia and Pacific Market Attractiveness by Automation, 2024 to 2034
Figure 142: South Asia and Pacific Market Attractiveness by Product Type, 2024 to 2034
Figure 143: South Asia and Pacific Market Attractiveness by End Use, 2024 to 2034
Figure 144: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 145: East Asia Market Value (US$ Million) by Automation, 2024 to 2034
Figure 146: East Asia Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 147: East Asia Market Value (US$ Million) by End Use, 2024 to 2034
Figure 148: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 149: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 150: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 151: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 152: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 153: East Asia Market Value (US$ Million) Analysis by Automation, 2019 to 2034
Figure 154: East Asia Market Volume (Units) Analysis by Automation, 2019 to 2034
Figure 155: East Asia Market Value Share (%) and BPS Analysis by Automation, 2024 to 2034
Figure 156: East Asia Market Y-o-Y Growth (%) Projections by Automation, 2024 to 2034
Figure 157: East Asia Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 158: East Asia Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 159: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 160: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 161: East Asia Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 162: East Asia Market Volume (Units) Analysis by End Use, 2019 to 2034
Figure 163: East Asia Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 164: East Asia Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 165: East Asia Market Attractiveness by Automation, 2024 to 2034
Figure 166: East Asia Market Attractiveness by Product Type, 2024 to 2034
Figure 167: East Asia Market Attractiveness by End Use, 2024 to 2034
Figure 168: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 169: Middle East and Africa Market Value (US$ Million) by Automation, 2024 to 2034
Figure 170: Middle East and Africa Market Value (US$ Million) by Product Type, 2024 to 2034
Figure 171: Middle East and Africa Market Value (US$ Million) by End Use, 2024 to 2034
Figure 172: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 173: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 174: Middle East and Africa Market Volume (Units) Analysis by Country, 2019 to 2034
Figure 175: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 176: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 177: Middle East and Africa Market Value (US$ Million) Analysis by Automation, 2019 to 2034
Figure 178: Middle East and Africa Market Volume (Units) Analysis by Automation, 2019 to 2034
Figure 179: Middle East and Africa Market Value Share (%) and BPS Analysis by Automation, 2024 to 2034
Figure 180: Middle East and Africa Market Y-o-Y Growth (%) Projections by Automation, 2024 to 2034
Figure 181: Middle East and Africa Market Value (US$ Million) Analysis by Product Type, 2019 to 2034
Figure 182: Middle East and Africa Market Volume (Units) Analysis by Product Type, 2019 to 2034
Figure 183: Middle East and Africa Market Value Share (%) and BPS Analysis by Product Type, 2024 to 2034
Figure 184: Middle East and Africa Market Y-o-Y Growth (%) Projections by Product Type, 2024 to 2034
Figure 185: Middle East and Africa Market Value (US$ Million) Analysis by End Use, 2019 to 2034
Figure 186: Middle East and Africa Market Volume (Units) Analysis by End Use, 2019 to 2034
Figure 187: Middle East and Africa Market Value Share (%) and BPS Analysis by End Use, 2024 to 2034
Figure 188: Middle East and Africa Market Y-o-Y Growth (%) Projections by End Use, 2024 to 2034
Figure 189: Middle East and Africa Market Attractiveness by Automation, 2024 to 2034
Figure 190: Middle East and Africa Market Attractiveness by Product Type, 2024 to 2034
Figure 191: Middle East and Africa Market Attractiveness by End Use, 2024 to 2034
Figure 192: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The strapping equipment market has the potential to expand with a 2.30% CAGR from 2024 to 2034.
By 2024, the global strapping equipment market will reach USD 1.8 billion.
By 2034, the strapping equipment market valuation is poised to reach USD 2.2 billion.
The strapping equipment industry in the United Kingdom faces a low demand of 0.9% CAGR during the forecast period.
Horizontal strapping machines will gain prominence with a 67.3% market share in 2024.
These machines will be widely used in the logistics and transportation sector, with a 46.1% market share in 2024.
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