The global automatic banding machine market is projected to experience robust growth, with an estimated valuation of USD 3.5 billion in 2023, expanding at a compound annual growth rate (CAGR) of 4.8% over the next decade. By 2033, the market is expected to reach an impressive USD 5.6 billion. The rapid rise of the e-commerce sector and the integration of Industry 4.0 technologies are key factors propelling this growth.
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