According to Future Market Insights, the package tensioner market is expected to develop at a 4.8% CAGR between 2022 and 2032, reaching a worth of US$ 1.6 Bn by then (FMI). Many packaging industries utilise the cord strap packaging tool known as a packaging tensioner to firmly seal the strap for a longer shelf life. This device secures a shipment or pallet of products by tightening and connecting bands made of flat steel or plastic.
Due to the weighty materials used in their construction, packing tensioners can perform at their peak for a longer amount of time. It can be used to secure straps at various angles, both horizontally and vertically, to secure weight.
Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-15182
The packaging industry makes substantial use of package tensioners in a variety of applications, including consumer goods, retail products, food, and beverages. Strapping the product adds a layer of added containment to packing by giving it extra strength during shipping.
A tensioner is needed to hold, mix, and stabilise the product in order to protect merchandise products. When a machine creates a strap or band that connects the items together, these equipment are most frequently employed to carry packaged goods.
The need for packaging tensioners is expected to increase throughout the forecasted period because to the increasing demand for safe shipment of various products from end use segments such as logistics, food and drinks, etc.
Key Takeaways from Packaging Tensioner Market
- By material, plastic tensioners are expected to hold almost 60.4% of the market share by 2032 due to its lightweight and elongation, which allows them to stretch tighter when needed.
- The battery-operated packaging tensioner is expected to accelerate at a CAGR of 5.1% between 2022 and 2032 as it allows to strap up more packages and save business time compared to manual tensioners.
- India packaging tensioner market is expected to grow 2.0 times of its size by the end of 2032.
- The U.S. packaging tensioner market is expected to witness incremental $ opportunity of US$ 37.4 Mn by the end of forecast period.
Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-15182
“The rising industrial automation coupled with increasing demand for effective packaging solutions along with growth in various end use industries such as food & beverage, industrial logistics & warehouse is expected to create market opportunities for the packaging tensioner market.” – Comments FMI analyst
Packaging Tensioner Market Landscape
Some of the players operating in the global packaging tensioner market are FROMM Packaging Systems, Dynaric, Inc., North Shore Strapping Inc., Samuel Packaging Systems Group, Transpak Equipment Corp, Tiger Pack, Inc., Venus Hartung Pty Ltd., Wenzhou Zhenda Packing Machine Co., Ltd., Sal-Tech Easy Packaging, Yang Bey Industrial Co., Ltd., Signode India, ASN Packaging Private Limited, Mandsorwala Packaging, KGN Enterprises, Sai Packaging Industries, TITAN Umreifungstechnik GmbH and Co. KG, Polychem Corp., Teknika Strapping Systems and Vijay Enterprise.
Request Discount @ https://www.futuremarketinsights.com/request-discount/rep-gb-15182
Packaging Tensioner Market by Category
By Material:
- Plastic
- Polyester
- Polypropylene
- Metal
- Steel
- Aluminium
By Operation:
- Manual
- Battery-operated
By End Use:
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Building & Construction
- Agriculture
- Automotive
- Logistics & Transportation
- Homecare
- Others (Textile, Cosmetics & Personal Care)
About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years
Contact Us:
Future Market Insights Inc.
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Browse all Reports: https://www.futuremarketinsights.com/reports