Europe Strapping Machine Market Size & Outlook, 2023-2030

The strapping machine market in Europe is expected to reach a projected revenue of US$ 1,236.9 million by 2030. A compound annual growth rate of 4.1% is expected of Europe strapping machine market from 2024 to 2030.
Revenue, 2023 (US$M)
$930.5
Forecast, 2030 (US$M)
$1,236.9
CAGR, 2024 - 2030
4.2%
Report Coverage
Europe

Europe strapping machine market highlights

  • The Europe strapping machine market generated a revenue of USD 930.5 million in 2023.
  • The market is expected to grow at a CAGR of 4.1% from 2024 to 2030.
  • In terms of segment, 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.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 930.5 million
Market revenue in 2030USD 1,236.9 million
Growth rate4.1% (CAGR from 2023 to 2030)
Largest segmentAutomatic
Fastest growing segmentSemi Automatic
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSemi Automatic, Automatic, Fully Automatic
Key market players worldwideDynaric Inc, MJ Maillis, Polychem Corporation, Signode Packaging Systems, FROMM, Mosca, Samuel Strapping Systems, StraPack, Strapex


Other key industry trends

  • In terms of revenue, Europe region accounted for 18.2% of the global strapping machine market in 2023.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • MEA is the fastest growing regional market and is projected to reach USD 750.2 million by 2030.

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Strapping Machine Market Companies

Name Profile # Employees HQ Website

Europe 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.


Automatic was the largest segment with a revenue share of 45.33% in 2023. Horizon Databook has segmented the Europe strapping machine market based on semi automatic, automatic, fully automatic covering the revenue growth of each sub-segment from 2018 to 2030.


The growth can be attributed to increasing popularity of online purchases in major western European economies such as the UK, Germany, and France along with other European nations such as Russia and Italy. 

Growing online and offline retail markets in the region are fueling the demand for products in application industries such as consumer electronics, household appliances, food & beverage, and newspaper & graphics.

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  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe strapping machine market , including forecasts for subscribers. This continent databook contains high-level insights into Europe strapping machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe strapping machine market size, by country, 2018-2030 (US$M)

Europe Strapping Machine Market Outlook Share, 2023 & 2030 (US$M)

Europe strapping machine market size, by country, 2018-2030 (US$M)

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