Hexa Reports Industry Strapping Machine Market | Page 2

Asia Pacific is expected to continue its domination over the forecast period primarily driven by the presence of
major economies such as India, China, Japan, and others. Asia Pacific expected to experience the fastest
growth over the forecast period with an estimated CAGR of 5.6% from 2017 to 2025.
Further key findings from the report suggest :
 Globally, polypropylene (PP) as a strapping material is projected to experience significant growth in
terms of revenue growing at a rate of 5.5% between 2017 and 2025. The growth can be attributed to
rising demand from the packaging industry and growing need for increasing shelf life of goods.
 Asia Pacific accounted for the largest market in 2016 with an estimated revenue of USD 1.4 billion and
the growth is expected to be fueled significantly owing to the presence of major economies such as
India, China, and Japan. China held the largest market share in 2016 and is expected to witness higher
growth rate for strapping machines due to increasing purchasing power parity and growing packaging
industry.
 Key players in the market includes Dynaric Inc., Samuel Strapping Systems, Signode Packaging Systems
Corporation, Fromm Holdings AG, Messersi Packaging S.r.l., Mosca GmbH, Polychem Corporation, MJ
Maillis S.A., StraPack Inc., Strapex Group, Transpak Equipment Corp., and others. The major players in
the market are working together to form joint venture, partnerships, collaborations which would
enable them to maintain the market share over the forecast period.
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Table Of Content
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Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Strapping Machine Market: Variables, Trends & Scope
Chapter 4. Strapping Machine Market: Product Estimates & Trend Analysis
Chapter 5. Strapping Machine Market: Materials Estimates & Trend Analysis
Chapter 6. Strapping Machine Market: Application Estimates & Trend Analysis
Chapter 7. Strapping Machine Market: Regional Estimates & Trend Analysis
Chapter 8. Competitive Landscape
Chapter 9. Company Profiles (Manufacturers)
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