The advent of industrial 4.0 is creating strong headways in the global strapping machine market. Strapping machines can be integrated with automated production lines, thus increasing efficiency. In addition to this, such machines are easy-to-use and require minimal maintenance. The growing expansion of well-established businesses across developing economies has...

The global strapping machine market attained a value of about USD 5.62 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.8% to reach nearly USD 8.57 billion by 2032. This robust growth is driven by the extensive use of strapping machines in various industries, especially food and beverages, e-commerce, and logistics. In this blog, we will...