China Strapping Machine Market Size & Outlook, 2023-2030
Related Markets
China strapping machine market highlights
- The China strapping machine market generated a revenue of USD 658.2 million in 2023 and is expected to reach USD 976.3 million by 2030.
- The China market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, semi automatic was the largest revenue generating product in 2023.
- Semi Automatic is the most lucrative product segment registering the fastest growth during the forecast period.
Strapping machine market data book summary
| Market revenue in 2023 | USD 658.2 million |
| Market revenue in 2030 | USD 976.3 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Semi automatic |
| Fastest growing segment | Semi Automatic |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Semi Automatic, Automatic, Fully Automatic |
| Key market players worldwide | Dynaric Inc, MJ Maillis, Polychem Corporation, Signode Packaging Systems, FROMM, Mosca, Samuel Strapping Systems, StraPack, Strapex |
Other key industry trends
- In terms of revenue, China accounted for 12.9% of the global strapping machine market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China strapping machine market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 976.3 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Strapping Machine Market Scope
Strapping Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Strapex | View profile | 11-50 | Utrecht, Utrecht, The Netherlands, Europe | https://www.strapex.nl/desktopdefault.aspx |
| StraPack | View profile | 501-1000 | Tokyo, Tokyo, Japan, Asia | https://strapack.com |
| Samuel Strapping Systems | View profile | 251-500 | Mississauga, Ontario, Canada, North America | http://www.samuelsystems.com/ |
| Mosca | View profile | 501-1000 | Waldbrunn, Hessen, Germany, Europe | https://www.mosca.com |
| FROMM | View profile | 11-50 | Jundiaí, Sao Paulo, Brazil, South America | https://fromm.com.br |
| Signode Packaging Systems | View profile | - | Hilden, Nordrhein-Westfalen, Germany, Europe | https://www.boehl-banderolieren.de |
| Polychem Corporation | View profile | 251-500 | Mentor, Ohio, United States, North America | http://polychem.com |
| MJ Maillis | View profile | 251-500 | Athens, Attiki, Greece, Europe | https://www.maillis.com |
| Dynaric Inc | View profile | 101-250 | Virginia Beach, Virginia, United States, North America | http://dynaric.com |
China strapping machine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to strapping machine market will help companies and investors design strategic landscapes.
Semi automatic was the largest segment with a revenue share of 49.73% in 2023. Horizon Databook has segmented the China strapping machine market based on semi automatic, automatic, fully automatic covering the revenue growth of each sub-segment from 2018 to 2030.
Robust growth in various application industries, especially consumer electronics, is expected to fuel the demand for strapping machines over the forecast period.
China being the largest exporter of consumer electronics, requires a large number of strapping machines for the safe shipment of products.
Reasons to subscribe to China strapping machine market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China strapping machine market databook
-
Our clientele includes a mix of strapping machine market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China strapping machine market , including forecasts for subscribers. This country databook contains high-level insights into China strapping machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China strapping machine market size, by product, 2018-2030 (US$M)
China Strapping Machine Market Outlook Share, 2023 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
