Strapping Machine Market – Forecast 2021 – 2026

Strapping Machine Market is forecast to reach $6.54 billion by 2024, after growing at a CAGR of 5.9% during 2019-2024. The strapping machines are widely employed in the packaging industry. With the rise in adoption of automation in industries, the demand for semi-automatic and automatic machines has significantly increased over the hand and manual strapping machines thereby impacting on the growth of the Strapping machines market.