According to the latest research report by IMARC Group, The global strapping machine market size reached US$ 5.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 8.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.8% during 2024-2032. More Info:- https://www.imarcgroup.com/strapping-machine-market
The global strapping machine market reached a value of US$ 5.35 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.13 Billion by 2027, exhibiting at a CAGR of 4.82% during 2022-2027. More info:- https://www.imarcgroup.com/strapping-machine-market
The Strapping Materials Market trends are analysis from recent past with an eye on coming years in this report that also offers projections for Strapping Materials Industry targeted at helping in business decisions.
Strapping, also known as bundling and banding, is the process of applying a strap to an item to combine, stabilize, hold, reinforce, or fasten it. The strap may also be referred to as strapping. Strapping is most commonly used in the packaging industry.
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