Raffia Tape Stretching Line Market: Overview
The raffia tape is mainly used for purposes such as strapping, tying, and sealing the packages that are used across several industries which include chemical, food, and construction. The raffia tapes are an effective solution for the wrapping of the cartons that are used for shipping of the goods.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Raffia Tape Stretching Line Market: Facts
The Precision Machinery Industry Co. Ltd. has developed the HE Series of the raffia tape stretching line. The product is designed for the manufacturing of the PP/HDPE raffia tape and the flat yarn that is mainly used for the geotextile, carpet backing production, woven bag, artificial grass, and others. It has the capacity of 160–520 kg/hr and consists of a belt type screen filter changer.
Raffia Tape Stretching Line Market: Segmentation
The global market for the raffia tape stretching line is fragmented into its machine type and the output capacity. Based on the machine type, the global market is segregated into hot air oven with stretching unit, extruder with “T” die, inverter cheese winder, and take up nip roll withholding unit. Based on the output capacity, the market is categorized into above 700 kg/hr, 451–700 kg/hr, 151–450 kg/hr, and 80–150 kg/hr.
Raffia Tape Stretching Line Market: Growth Factors
In order to improve the features of the raffia tape the manufacturers of the raffia tape are making use of the innovative resins for the raffia tape stretching line machine. The materials include biaxial oriented polypropylene, polypropylene, and others. This factor is driving the growth of the raffia tape stretching line market. The factor that there is an easy availability of the raw material from the market players for the production of the raffia tapes is increasing the demand for the raffia tapes stretching line market. Another factor that is supporting the growth of the market is the growing opportunities from all the general industries such as chemical and agriculture. The raffia tape stretching line machine is increasingly preferred by the end-user industries that have the need for the packaging solution that is both convenient and economical.
Raffia Tape Stretching Line Market: Regional Analysis
The major concentration of the raffia tape stretching line is in the regions such as Latin America and Asia Pacific. This is due to the factor that these regions are having a growing demand for the packaging thus influencing the raffia tape stretching line market. The quick and the swift growth of the food and manufacturing industry in both the developed and the developing regions is fueling the growth of the raffia tape stretching line market. In Asia Pacific region, emerging nations such as China and India have a prominent concentration of the raffia tape stretching line which is exported to the developed regions such as Europe and North America.
Raffia Tape Stretching Line Market: Competitive Players
The key market players that are involved in the raffia tape stretching line market include Ocean Rotoflex, American Starlinger- SAHM, Inc., Lohia Group, J P ExtrusionTech Ltd., Cemach Machineries Ltd., Twist Engineering Works, Heaven Extrusions, Presto Testing Instrument, Signode, Exzakta Meccanica Limited, Polystar Machinery Co., Ltd., and Shree Radhe Industries.
Raffia Tape Stretching Line Market: Regional Segment Analysis
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