The global automatic banding machine market size is expected to be valued at USD 3.5 billion in 2023. Packaging design innovation, bolsters the overall scope for automatic banding machine market, which is projected to grow at a CAGR of 4.8% between 2023 and 2033, totaling around USD 5.6 billion by 2033.
| Data Points | Key Statistics |
|---|---|
| Automatic Banding Machine Market Value 2023 | USD 3.5 billion |
| Automatic Banding Machine Market Projected Value (2033) | USD 5.6 billion |
| Automatic Banding Machine Market CAGR (2023 to 2033) | 4.8% |
The exponential growth of the e-commerce industry and the widespread adoption of online shopping have revolutionized the way goods are purchased and delivered. The demand for efficient, secure, and visually appealing parcel packaging solutions has surged as a result. Automatic banding machines have emerged as a valuable tool in addressing the unique packaging needs of the e-commerce and parcel packaging sector.
The fast-paced nature of the e-commerce industry requires packaging solutions that can keep up with high order volumes. Automatic banding machines excel in speed and efficiency, enabling the rapid banding of parcels without compromising quality, which ensures that packages can be prepared and shipped out quickly, meeting tight delivery schedules and customer expectations.
Ensuring the security of products during transit is of paramount importance in the e-commerce sector. Automatic banding machines provide consistent and reliable banding that holds parcels securely together, which prevents items from shifting, tumbling, or being damaged during transportation, reducing the likelihood of returns and customer dissatisfaction.
The unboxing experience is a crucial touchpoint for e-commerce customers. Automatic banding machines can create neat and uniform bands that enhance the appearance of parcels, contributing to a positive unboxing experience. Well-packaged parcels not only protect the contents but also leave a lasting impression on customers, fostering brand loyalty.
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global demand for automatic banding machine increased at a CAGR of 2.2% during the forecast period between 2018 and 2022, reaching a total of USD 5.6 billion in 2033.
According to Future Market Insights, a market research and competitive intelligence provider, the automatic banding machine market was valued at USD 3.4 billion in 2022.
The trend of sustainable packaging solutions is gaining immense traction in response to heightened environmental awareness and a growing consumer preference for eco-friendly products. The trend is significantly impacting the automatic banding machine market, as brands and manufacturers strive to align their packaging practices with sustainability objectives.
The increasing concern over plastic pollution, waste generation, and the depletion of natural resources has prompted a shift towards more sustainable packaging alternatives. Traditional plastic bands used in banding machines contribute to plastic waste and environmental degradation. Businesses, as a result are seeking innovative and eco-friendly alternatives to meet their packaging needs.
Automatic banding machines that utilize biodegradable or compostable materials for banding offer a greener solution. The materials break down naturally over time, reducing their impact on the environment. Biodegradable bands can be made from materials such as paper, plant-based plastics, or other bio-based materials, providing an eco-friendly option for banding products.
Some automatic banding machines now offer the option to use recyclable bands, which can be easily separated from packaging materials during recycling processes, which aligns with the circular economy concept, where packaging materials are designed to be recycled and reused, minimizing the overall environmental footprint.
Automation and Industry 4.0 Integration is Likely to be Beneficial for Market Growth
The trend of automation and Industry 4.0 integration is reshaping the manufacturing landscape, and this transformation is significantly impacting the automatic banding machine market. Industry 4.0, often referred to as the fourth industrial revolution, represents the convergence of digital technologies, data analytics, and automation to create smart and interconnected manufacturing environments.
Industry 4.0 envisions a connected ecosystem where machines, devices, sensors, and systems communicate and collaborate seamlessly. Automatic banding machines are becoming integral components of this smart manufacturing environment. They can be linked to various other machinery, such as conveyors, labeling machines, printers, and packaging equipment, forming an interconnected and synchronized production line.
Automated banding machines equipped with sensors and IoT (Internet of Things) technology can gather real-time data on banding operations. The data can include information about band tension, speed, material usage, and maintenance needs. The real-time monitoring enables manufacturers to optimize banding processes, identify bottlenecks, and proactively address issues, ultimately enhancing overall production efficiency.
Integration with other equipment enables seamless material handling and product flow. For instance, an automatic banding machine can be synchronized with a conveyor belt, ensuring that products move smoothly from one stage of the production process to another without interruptions, which reduces the need for manual intervention and minimizes the risk of errors.
Labor Shortages & Efficiency Enhancement to Fuel the Market Growth
Labor shortages have become a pressing concern across various industries, impacting operational efficiency and productivity. In this context, the integration of automation technologies, such as automatic banding machines, offers a strategic solution to address labor challenges while simultaneously enhancing efficiency and reducing costs.
The scarcity of available labor, whether due to demographic shifts, changing workforce dynamics, or external factors like pandemics, can disrupt production schedules and hinder the timely execution of tasks. Automatic banding machines serve as a reliable alternative to manual labor, ensuring that essential packaging processes continue seamlessly even when the availability of skilled workers is limited.
Manual banding tasks are susceptible to human errors, which can lead to inconsistencies in banding quality, misaligned labels, and incorrect bundle sizes. Automatic banding machines eliminate these risks by consistently applying precise and standardized bands or labels, which not only ensures uniform packaging but also minimizes the chances of costly errors or rework.
Automated banding machines are designed for speed and precision, capable of consistently producing perfectly banded packages at a high throughput rate. The machines optimize the overall workflow, reduce bottlenecks, and contribute to a smoother and more efficient production process, by seamlessly integrating into existing packaging lines.
Principal Consultant
According to FMI, demand for automatic banding machines in the e-commerce segment is expected to increase at a 5.1% CAGR over the analysis period. The machines allow manufacturers to ship products without the fear of damage.
Based on machine type, the fully automatic segment is expected to hold 48% of the total market share by 2033. The segment is expected to witness a CAGR of 4.7 during the forecast period. The machine can bundle, count, band, and stack boxes automatically in any matrix formation. It minimizes packaging and reduces packaging waste.
Increasing Adoption of Automatic Pallet Strapping Machines in Japan to Fuel the Market Growth
As per the facts published by International Trade Administration, Japan’s pharmaceutical market is one of the largest pharmaceutical markets globally. In 2020, Japan’s market for prescription and non-prescription pharmaceuticals stood at USD 107 million.
It also predicted that the patented drug market where international products are available will expand at a considerable pace. Growing demand for pharmaceutical products in Japan is fueling sales of automatic banding machines. As per FMI, sales in Japan are slated to surge at a 4.3% CAGR over the analysis period.
Rising Demand for Pallet Bander Machines in China Will Boost Sales
The demand in China is estimated to increase at a CAGR of 6.2% over the forecast period. According to the Flexible Packaging Association, China's printing industry is highlighting integration, digitalization, and intelligence in its approach toward a printing powerhouse.
China’s printing industry is well-positioned to make a greater contribution to the development of the global printing industry. China's global exhibition designed for all printing equipment & technology also known as All in Print China is one of the greatest prominent exhibitions in China’s printing industry. The ongoing expansion in the printing industry is expected to fuel sales in China.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Key players in the automatic banding machine market are strongly focusing on profit generation from their existing product portfolios along while exploring potential new applications. The players are emphasizing on increasing their automatic banding machine production capacities, to cater to the demand from numerous end use industries. Prominent players are also pushing for geographical expansion to decrease the dependency on imported automatic banding machine.
Recent Developments:
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD Billion for value and Tons for Volume |
| Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia & Pacific; East Asia; Middle East & Africa |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, Poland, Russia, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC Countries, South Africa, Israel |
| Key Segments Covered | Machine Type, Speed, End-Use, Region |
| Key Companies Profiled | Bandall Inc.; Sunpack Xutian; Felins; HXCP Precision Machinery Co., Ltd.; TPC Packaging Solutions; ISG PACK; CARBONCHI CTI Ltd; Bandpak; EAM-MOSCA CORPORATION; StraPack, Corp.; Millenium Packaging Solutions; RMH Systems, Inc.; Huff Technologies Inc.; Reisopack B.V.; Stream Peak International Pte Ltd; WEXLER PACKAGING PRODUCTS INC.; ATS; FEIFER; Av SAB F.P.M; PAC Strapping Products, Inc. |
| Customization & Pricing | Available upon Request |
The market is valued at USD 3.5 billion in 2023.
The market will expand at a 4.8% CAGR through 2033.
The market will reach USD 5.6 billion by 2033.
From 2018 to 2022, the market expanded at an 2.2% CAGR.
The Chinese market is poised to expand at a CAGR of 6.2% over the forecast period.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Machine Type 5.1. Semi 5.2. Fully 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Capacity 6.1. Less than 20 bundles/min 6.2. 20-30 bundles/min 6.3. More than 30 bundles/min 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End Use 7.1. E-commerce 7.2. Banking 7.3. Pharmaceuticals 7.4. Printing 7.5. Food & Beverages 7.6. Consumer Goods 7.7. Electrical & Electronics 7.8. Automotive 7.9. Chemicals 7.10. Others 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Bandall Inc. 18.2. Sunpack Xutian 18.3. Felins 18.4. HXCP Precision Machinery Co., Ltd. 18.5. TPC Packaging Solutions 18.6. ISG PACK 18.7. CARBONCHI CTI Ltd 18.8. Bandpak 18.9. EAM-MOSCA CORPORATION 18.10. StraPack, Corp. 18.11. Millenium Packaging Solutions 18.12. RMH Systems, Inc. 18.13. Huff Technologies Inc. 18.14. Reisopack B.V. 18.15. Stream Peak International Pte Ltd 18.16. WEXLER PACKAGING PRODUCTS INC. 18.17. ATS 18.18. FEIFER 18.19. Av SAB F.P.M 18.20. PAC Strapping Products, Inc. 19. Assumptions & Acronyms Used 20. Research Methodology
Explore Packaging Insights
View Reports
Automatic Banding Machine Market
