Strapping Machine Market Global Trends, Industry Growth,
Analysis, Overview by 2025
“The Global Strapping Market is expected to reach USD 6.4 billion by 2025,
growing at a CAGR of 4.9%, according to a new report by Hexa Reports.
Globally increasing demand from Asia Pacific region has been a major factor
driving market growth.”
The Global Strapping Market is expected to reach USD 6.4 billion by 2025, growing at a CAGR of 4.9%,
according to a new report by Hexa Reports. Globally increasing demand from Asia Pacific region has been a
major factor driving market growth. In addition, significant growth in various application industries such as
food & beverage, packaging, and consumer goods is further boosting the market growth.
Strapping machines are extensively used in the packaging industry for the strapping or wrapping of goods as
packages held tight & together have a longer shelf life. Growing need for safe shipping of the various products
from applications such as food & beverages, consumer appliances, household appliances, newspaper and
other merchandises goods are fueling the demand for the strapping machines over the forecast period.
Semi-automatic was the largest category in 2016 and the trend is expected to continue over the forecast
period. Semi-automatic strapping machines are extensively used owing to its reduced maintenance cost,
adjustable height, strap variety, and high tension control.
Browse Detail Report With TOC @ http://www.hexareports.com/report/strapping-machine-market
Follow Us: