There are various types of application-specific machines available in the market, which include top and bottom machine, electrically operated machine, etc. Bottom stapling machines are one of the most effective packaging solutions for closing the bottom of the boxes. The primary function of the stapling machine is to join large number of paper sheets together in a rapid succession.
Global Stapling Machine Market: Segmentation
Globally, the stapling machine market can be segmented on the basis of mode of operation, product type, application, end-use industry and sales channel.
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Based on the mode of operation, the global stapling machine market can be segmented into:
Based on the product type, the global stapling machine market can be segmented into:
- Top Stapling Machine
- Foot or Bottom Stapling Machine
- Electrical Stapling Machine
Based on the application, the global stapling machine market can be segmented into:
- Commercial & Institutional
Based on the end-use industry, the global stapling machine market can be segmented into:
Based on the sales channel, the global stapling machine market can be segmented into:
Global Stapling Machine Market: Dynamics
Stapling machine provides an affordable, strong and environmental-friendly closing option which is superior as compared to tape, plastic strapping or hot melt. This ensures a strong seal and also increases production and assists the companies to supply ample amount of products. Thus, these machines are gaining traction in the market. Moreover, the growing packaging industry across the globe supported by innovation in packaging methods is projected to positively affect the demand for the stapling machine. These factors are expected to drive the growth of the global stapling machines market over the forecast period.
However, stapling machines have various disadvantages. They are noisy and also have added burden of risk and pneumatic machine requires the air compressor for their proper functioning. The aforementioned reasons are found to be the key challenges for the growth of the global stapling machine market.
Prominent manufacturers involved in the product innovation and designing activities in order to provide more affordable and practical stapling machines to the end-users.
Global Stapling Machine Market: Regional Outlook
Considering regions, the global stapling machine market is expected to be concentrated in the Asia-Pacific region supported by the ever-increasing demand from the packaging industry in the developing countries such as India and China. Asia-Pacific in the global stapling machine is followed by North America and other regions. North America, spearheaded by the U.S. is expected to grow at moderate rate over the near future, owing to the comparatively matured conditions in the end-use industries. Middle East and Africa in the global stapling machine market is expected to account small share and further expected to grow at moderate rate over the forecast period. Europe in the global stapling machine market is expected to witness average growth over the next decade.
Global Stapling Machine Market: Key Participants
Examples of some of the participants involved in the global stapling machine market include Stanley Bostitch, STAGO GmbH, MEZGER GmbH, OMAC S.R.L., Hebei Xinguang Carton Machinery Manufactory Co. Ltd., M-Pak Systems, Inc., Dahle North America, Inc., Buckle Packaging (Pty) Ltd., Morgana Systems Ltd., and Josef Kihlberg, among others.
The global stapling machine market is expected to be consolidated in nature owing to the presence of limited number of players in the market across the globe.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
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This post was originally published on The Market Plan