PUBLISHER: IMARC | PRODUCT CODE: 1831907
PUBLISHER: IMARC | PRODUCT CODE: 1831907
The global strapping machine market size reached USD 6.0 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 8.4 Billion by 2033, exhibiting a growth rate (CAGR) of 3.57% during 2025-2033. The growing application in the pharmaceutical and food and beverage (F&B) industries, increasing preferences of companies to maintain the safety of their employees, and rising awareness about the benefits of automating various labor-intensive tasks represent some of the key factors driving the market.
A strapping machine relies on sensors essential for detecting the presence of a targeted product or box and rotating the straps around while transportation. It consists of a wide variety of strapping materials, such as steel, high-tensile steel, polypropylene, and polyester. It enables bundling and securing pallet loads, boxes, cases, and soft and hard packages together. A strapping machine is commercially available as a semi-automatic and fully automatic strapping machine, which offers a drop-off area or conveyor system to position a load and ensure proper strapping. It secures products with each other by unitizing them for easier handling and transport. It also improves containment strength and secures a load to a shipping pallet. It ensures intact packaging and protects the products from contamination during shipping. It also minimizes the risk of spillage or collapse and enhances package safety and overall efficiency. Furthermore, as a strapping machine is efficient and reliable, its demand is presently increasing around the world.
At present, the rising demand for strapping machines to secure fragile and bulky products in warehouses and industries represents one of the primary factors influencing the market positively. Besides this, the increasing preference of companies to maintain the safety of their employees and prevent the occurrence of any health hazards while handling products is currently propelling the growth of the market worldwide. In addition to this, governing agencies of various countries are laying out standards and regulations to be maintained in industries for the safety of workers and operators. Apart from this, the growing employment of strapping machines in the pharmaceutical and food and beverage (F&B) industries to handle perishable and delicate products and maintain hygiene in the packaging process is offering a favorable market outlook. Furthermore, the rising awareness about the benefits of automating various labor-intensive and difficult tasks to enhance the operational efficiency of production units is contributing to the growth of the market. Moreover, the increasing utilization of strapping machines to hold, stabilize, and fasten various heavy metal parts used in the automotive, consumer electronics, and building and construction industries is supporting the market growth.