Global Plastic strapping Market Growth 2023-2029

Global Plastic strapping Market Growth 2023-2029

Product Code:543297

Published Date: Jan 02,2023

Pages: 122

Region: Global

Category: Chemical & Material

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

SELECT A FORMAT

ADD TO BASKET

BUY NOW

Provide comprehensive and accurate analysis and reports according to your exact requirements

Provide comprehensive and accurate analysis and reports according to your exact requirements

CONTACT US

When plastic strapping was introduced, it was only natural that it was looked upon as a substitute for steel strapping. In one respect, it was – especially in those applications where steel had been used only because there was nothing available. Often, the steel was over specification in the first case. The existence of plastic strapping widens the range of strapping and offers new opportunities. A more important plastic strapping consideration is elongation recovery. Once tension has been applied and the strap has elongated, how hard will the strap try to return to its original length? With plastic, time changes the recovery. If you have a rigid load, polyester might be best. However, because it doesn’t elongate much, it doesn’t have room to recover. On a shrinking-type load, this can be a problem. Since both nylon and polypropylene elongate more than polyester, and have more room to recover, they would both be better choices. If a high level of retained tension is important, nylon would be the preferred choice and if retained tension is not important, polypropylene’s lower price may change the choice.

LPI (LP Information)' newest research report, the “Plastic strapping Industry Forecast” looks at past sales and reviews total world Plastic strapping sales in 2022, providing a comprehensive analysis by region and market sector of projected Plastic strapping sales for 2023 through 2029. With Plastic strapping sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plastic strapping industry.

This Insight Report provides a comprehensive analysis of the global Plastic strapping landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Plastic strapping portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Plastic strapping market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plastic strapping and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Plastic strapping.

The global Plastic strapping market size is projected to grow from US$ 2097.4 million in 2022 to US$ 2438.9 million in 2029; it is expected to grow at a CAGR of 2438.9 from 2023 to 2029.

Global Plastic Strapping key players include Signode, M.J.Maillis Group, Dynaric,Inc, Cordstrap, FROMM Group, etc. Global top five manufacturers hold a share over 25%.

China is the largest market, with a share about 30%, followed by Europe, and North America, both have a share over 40 percent. 
In terms of product, PP Strapping is the largest segment, with a share nearly 82%. And in terms of application, the largest application is Paper, followed by Wood, Food and Beverage, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Plastic strapping market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    PP Strapping
    PET Strapping

Segmentation by application
    Wood Industry
    Paper Industry
    Building Industry
    Textile Industry
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Signode
    M.J.Maillis Group
    Samuel Strapping
    Cordstrap
    Dynaric,Inc
    FROMM Group
    Anshan Falan
    Youngsun
    Messersì Packaging
    Mosca
    Scientex Berhad
    Teufelberger
    Linder
    Granitol a.s.
    TITAN Umreifungstechnik
    MiDFIELD INDUSTRIES LTD
    Brajesh Packaging
    Polivektris
    Strapack
    Cyklop
    Polychem

Key Questions Addressed in this Report
What is the 10-year outlook for the global Plastic strapping market?
What factors are driving Plastic strapping market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Plastic strapping market opportunities vary by end market size?
How does Plastic strapping break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?