UK Strapping Machine Market Size & Outlook, 2023-2030
UK strapping machine market, 2018-2030 (US$M)
Related Markets
UK strapping machine market highlights
- The UK strapping machine market generated a revenue of USD 263.5 million in 2023 and is expected to reach USD 375.7 million by 2030.
- The UK market is expected to grow at a CAGR of 5.2% 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 263.5 million |
| Market revenue in 2030 | USD 375.7 million |
| Growth rate | 5.2% (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, UK accounted for 5.2% 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 Europe, UK strapping machine market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 375.7 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 |
|---|
UK 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 46.49% in 2023. Horizon Databook has segmented the UK strapping machine market based on semi automatic, automatic, fully automatic covering the revenue growth of each sub-segment from 2018 to 2030.
This can be attributed to the remarkable growth in e-commerce industry in the country in the past few years. According to the Office for National Statistics, online sales in the country increased by 21.3% till 2016 and is likely to register 30% growth by the end of 2017.
Among online purchases, consumer electronics, household appliances, clothes, footwear, and food products accounted for almost one-third of the overall online sales in the country.
Reasons to subscribe to UK 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 UK 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 UK strapping machine market , including forecasts for subscribers. This country databook contains high-level insights into UK strapping machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK strapping machine market size, by product, 2018-2030 (US$M)
UK Strapping Machine Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional 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
