Global Packaging Tensioner Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2024 –2031 |
 Market Size (Base Year) |
USD 301.90 Million |
 Market Size (Forecast Year) |
USD 491.10 Million |
 CAGR |
% |
| Major Markets Players |
Global Packaging Tensioner Market, By Material (Plastic, Polyester, Polypropylene, Metal, Steel, Aluminum), Operation (Manual, Battery-operated), End-User (Food & Beverages, Pharmaceuticals, Chemicals, Building & Construction, Agriculture, Automotive, Logistics & Transportation, Homecare, Others) – Industry Trends and Forecast to 2031.
Packaging Tensioner Market Analysis and Size
Packaging tensioners are made from heavy material, which helps them work at optimum capacity for a longer duration. It can also secure straps at difficult and odd angles and is suitable for a wide range of horizontal and vertical strapping applications to secure the load. A packaging tensioner is extensively utilized in the packaging industry in multiple applications such as consumer goods, merchandise products, food, and beverages. Strapping the product during shipment adds an element of additional containment to the packaging, as it provides extra strength to the packaging.
Data Bridge Market Research analyzes that the global packaging tensioners market which was USD 301.9 million in 2023, is expected to reach USD 491.1 million by 2031, growing at a CAGR of 6.3% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
|
Report Metric |
Details |
|
Forecast Period |
2024–2031 |
|
Base Year |
2023 |
|
Historic Years |
2022 (Customizable to 2016-2021) |
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Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
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Segments Covered |
By Material (Plastic, Polyester, Polypropylene, Metal, Steel, Aluminum), Operation (Manual, Battery-operated), End-User (Food & Beverages, Pharmaceuticals, Chemicals, Building & Construction, Agriculture, Automotive, Logistics & Transportation, Homecare, Others) |
|
Countries Covered |
U.S., Canada, Mexico, Germany, France, Spain, Turkey, U.K., Netherlands, Russia, Switzerland, Belgium, Hungary, Italy, Rest of Europe, China, India, Japan, Australia, South Korea, Malaysia, Singapore, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, Rest of Middle East and Africa |
|
Market Players Covered |
FROMM Packaging Systems (Switzerland), Dynaric, Inc. (U.S.), North Shore Strapping Inc. (Canada), Samuel Packaging Systems Group (Canada), Transpak Equipment Corp (Taiwan), Tiger Pack, Inc. (U.S.), Venus Hartung Pty Ltd. (Australia), Wenzhou Zhenda Packing Machine Co., Ltd. (China), Sal-Tech Easy Packaging (Denmark), Yang Bey Industrial Co., Ltd. (Taiwan), Signode India (India), ASN Packaging Private Limited (India), Mandsorwala Packaging (India), KGN Enterprises (India), Sai Packaging Industries (India), TITAN Umreifungstechnik GmbH and Co. KG (Germany), Polychem Corp. (U.S.), Teknika Strapping Systems (U.S.), Vijay Enterprise (India) |
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Market Opportunities |
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Market Definition
A packaging tensioner is a cap or closure mechanism made from polypropylene plastic featuring two movable flaps. This design is intended to provide a controlled dispensing function, making it suitable for products where precise pouring or dispensing is desirable, such as in certain types of liquid or powdered products.
Global Packaging Tensioner Market Dynamics
Drivers
- Growing Pharmaceutical Packaging Requirements:
Stringent packaging requirements in the pharmaceutical industry drive the demand for specialized tensioners. These tools ensure that pharmaceutical products are securely packed, meeting regulatory standards.
- Expansion of E-commerce
The continued expansion of the e-commerce sector creates opportunities for packaging tensioners. These tools are essential for securing and stabilizing packages, and addressing the unique packaging challenges associated with the increasing volume of online shipments.
Opportunity
- Innovation in Material Handling
Ongoing innovation in material handling processes within industries such as logistics, manufacturing, and agriculture creates opportunities for advanced and specialized tensioning solutions. Customized tensioners tailored to specific industries can find niche applications.
Restraint/Challenge
- Availability of Alternatives
Some industries may have alternative packaging solutions that are considered sufficient for their needs. If these alternatives are perceived as cost-effective and efficient, it may limit the demand for packaging tensioners.
This packaging tensioner market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the packaging tensioner market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Development
- The Signode introduces the BXT3 combination tools which deliver high-speed operation and unparalleled performance for plastic strapping applications. Complete with an ergonomic design and multiple performance-enhancing features, they improve productivity for a wide range of applications – from those that require minimal tension to those in heavy industries
Global Packaging Tensioners Market Scope
The packaging tensioner market is segmented on the basis of material, operation, and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Material
- Plastic
- Polyester
- Polypropylene
- Metal
- Steel
- Aluminum
Operation
- Manual
- Battery-operated
End-User
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Building & Construction
- Agriculture
- Automotive
- Logistics & Transportation
- Homecare
- Others
Global Packaging Tensioners Market Regional Analysis/Insights
The packaging tensioners market is analyzed and market size information is provided by liner type, application and end-user as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa, Brazil, Argentina and rest of South America.
Asia-Pacific is expected to dominate the market due to the increasing demand for corrugated box packaging in various industries in the region. North America is expected to grow at the fastest rate due to the presence of well-established industries and a higher emphasis on quality packaging.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as consumption volumes, production sites, and volumes, import-export analysis, price trend analysis, cost of raw materials, downstream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Packaging Tensioners Market Share Analysis
The packaging tensioners market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to packaging tensioner market.
Some of the major players operating in the packaging tensioners market are:
- FROMM Packaging Systems (Switzerland)
- Dynaric, Inc. (U.S.)
- North Shore Strapping Inc. (Canada)
- Samuel Packaging Systems Group (Canada)
- Transpak Equipment Corp (Taiwan)
- Tiger Pack, Inc. (U.S.)
- Venus Hartung Pty Ltd. (Australia)
- Wenzhou Zhenda Packing Machine Co., Ltd. (China)
- Sal-Tech Easy Packaging (Denmark)
- Yang Bey Industrial Co., Ltd. (Taiwan)
- Signode India (India)
- ASN Packaging Private Limited (India)
- Mandsorwala Packaging (India)
- KGN Enterprises (India)
- Sai Packaging Industries (India)
- TITAN Umreifungstechnik GmbH and Co. KG (Germany)
- Polychem Corp. (U.S.)
- Teknika Strapping Systems (U.S.)
- Vijay Enterprise (India)
SKU-
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
