The global market for plastic straps should grow from $2.5 billion in 2021 to $3.0 billion by 2026, at a compound annual growth rate (CAGR) of 3.5% for the period of 2021-2026.
The North American market for plastic straps should grow from $504.0 million in 2021 to $576.6 million by 2026, at a CAGR of 2.7% for the period of 2021-2026.
The Asia-Pacific market for plastic straps should grow from $1.2 billion in 2021 to $1.5 billion by 2025, at a CAGR of 4.4% for the period of 2021-2026.
Report Scope
Plastic straps refer to the straps used in unitizing, palletizing and packaging applications in end-use industries. Other applications of straps such as watch straps, belts and parachute straps are not considered in the study. The plastic strap market is segmented based on end-use industry, material, and region. The report provides an overview of the global market for plastic straps and analyzes global market trends, with 2020 as the base year, and estimates for 2021 to 2026.
The report also explains the major drivers, restraints and regional dynamics of the plastic strap market and current industry trends. The report concludes with a focus on the vendor landscape and includes profiles of the major vendors in the market.
The Report Includes
- 48 tables and 17 data tables
- An overview of the global markets for plastic strap
- Estimation of the market size and analyses of global market trends, with data from 2020, 2021 and projections of compound annual growth rates (CAGRs) through 2026
- Highlights of the market potential for plastic strap market based on material, end-user industry, and region
- Coverage of plastic strap materials used in industry such as polypropylene, polyester, and nylon, description of plastic strap properties such as low density, lightweight, and high strength, and discussion on its advantages
- Description of production process and factors affecting the plastic strap market, and insights into government emphasis on efficient plastic waste management
- Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast, and assessment of new developments in the industry
- Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies
- Comprehensive company profiles of the leading players including Auto Strap India, Crown Holdings, Greenbridge, Linder GmbH, Maillis, Narrowtex, Signor Polymers, Strapack and Teufelberger
Table of Contents
Chapter 1 Introduction
- Study Goals and Objectives
- Reasons for Doing this Study
- Scope of Report
- Information Sources
- Methodology
- Geographic Breakdown
- Analyst’s Credentials
- Custom Research
- Related Reports
Chapter 2 Summary and Highlights
- Primary Insights
Chapter 3 Plastics Industry Overview and Background
- Global Plastics Industry
- Overview of the Plastics Industry
- Global Plastic Production Trends
Chapter 4 Market Overview
- Value Chain for Plastic Straps
- Production Process of Plastic Straps
- Factors Affecting the Plastic Strap Market
- Demand from Retail and Textile Industry
- Government Emphasis on Efficient Plastic Waste Management
- Rising Demand for Plastic Straps from China and Other Developing Countries
- Growing Concern Related to Plastics Disposal
- Increasing Adoption of Alternatives
Chapter 5 COVID Impact Analysis
- Impact of COVID-19 on End-use Industries of Plastic Straps
- Paper Industry Outlook
- Construction Industry Outlook
- Plastics Packaging Industry Outlook
Chapter 6 Pricing Analysis
- Overview
- Pricing Methodology
- Pricing Analysis
Chapter 7 Market Breakdown by End-use Industry
- Paper
- Baling
- Construction Materials
- Lumber
- Other
Chapter 8 Market Breakdown by Material
- Polypropylene
- Polyester
- Nylon
- Composite
Chapter 9 Market Breakdown by Region
- Overview
- North America
- U.S.
- Canada and Mexico
- Asia-Pacific
- China
- India
- Japan
- Rest of APAC
- Europe
- Rest of the World
Chapter 10 Company Profiles and Recent Developments
- Recent Developments
- Company Profiles
- Auto Strap India
- Crown Holdings
- Cyklop International
- Fromm Packaging
- Greenbridge
- Jairam Strap
- Linder Gmbh
- Maillis Strapping Systems
- Messersi Packaging
- Mosca
- Narrowtex
- Signor Polymers
- Sorsa Strapping Solutions
- Strapack
- Teufelberger
Chapter 11 Appendix: Abbreviations
List of Tables
Summary Table A: Global Market for Plastic Straps, by Region, Through 2026
Summary Table B: Key Plastic Strap Manufacturers’ View
Table 1: Global Rigid Packaging Plastics Market, by Resin, Through 2025
Table 2: Global Rigid Packaging Plastics Market, by Product, Through 2025
Table 3: Global Rigid Packaging Plastics Market, by End-Use Industry, Through 2025
Table 4: Impact of COVID-19 on Key Construction Markets, 2020
Table 5: Plastic Strap Pricing
Table 6: Global Market for Plastic Straps, by End-use Industry, Through 2026
Table 7: Global Market for Plastic Straps in Paper Industry, by Material, Through 2026
Table 8: Global Market for Plastic Straps in Paper Industry, by Region, Through 2026
Table 9: Leading Paper and Paper Product Exporting Countries, 2016-2020
Table 10: Global Market for Plastic Straps in Baling Industry, by Material, Through 2026
Table 11: Global Market for Plastic Straps in Baling Industry, by Region, Through 2026
Table 12: Global Market for Plastic Straps in Construction Materials, by Material, Through 2026
Table 13: Global Market for Plastic Straps in Construction Materials, by Region, Through 2026
Table 14: Global Steel Production and Consumption, by Region/Country, 2020
Table 15: Global Market for Plastic Straps in Lumber Industry, by Material, Through 2026
Table 16: Global Market for Plastic Straps in Lumber Industry, by Region, Through 2026
Table 17: Global Market for Plastic Straps in Other Industries, by Material, Through 2026
Table 18: Global Market for Plastic Straps in Other Industries, by Region, Through 2026
Table 19: Properties of PP, PET and Nylon
Table 20: Performance Characteristics of PP, PET and Nylon
Table 21: Global Market for Plastic Straps, by Material, Through 2026
Table 22: Global Market for Polypropylene Straps, by Region, Through 2026
Table 23: Global Market for Polypropylene Straps, by End-use Industry, Through 2026
Table 24: Global Market for Polyester Straps, by Region, Through 2026
Table 25: Global Market for Polyester Straps, by End-use Industry, Through 2026
Table 26: Global Market for Nylon Straps, by Region, Through 2026
Table 27: Global Market for Nylon Straps, by End-use Industry, Through 2026
Table 28: Global Market for Composite Straps, by Region, Through 2026
Table 29: Global Market for Composite Straps, by End-use Industry, Through 2026
Table 30: Global Market for Plastic Straps, by Region, Through 2026
Table 31: North American Market for Plastic Straps, by Country, Through 2026
Table 32: North American Market for Plastic Straps, by Material, Through 2026
Table 33: North American Market for Plastic Straps, by End-use Industry, Through 2026
Table 34: U.S. Market for Plastic Straps, by Material, Through 2026
Table 35: U.S. Market for Plastic Straps, by End-use Industry, Through 2026
Table 36: U.S. Construction Industry Forecast, 2020-2025
Table 37: Plastic Strap Market in Canada and Mexico, by Material, Through 2026
Table 38: Plastic Strap Market in Canada and Mexico, by End-use Industry, Through 2026
Table 39: Canadian Construction Industry Forecast, 2020-2025
Table 40: Disposable Income Forecast, by Country
Table 41: Asia-Pacific Market for Plastic Straps, by Country, Through 2026
Table 42: Asia-Pacific Market for Plastic Straps, by Material, Through 2026
Table 43: Asia-Pacific Market for Plastic Straps, by End-use Industry, Through 2026
Table 44: Plastic Strap Market in China, by Material, Through 2026
Table 45: Plastic Strap Market in China, by End-use Industry, Through 2026
Table 46: Plastic Strap Market in India, by Material, Through 2026
Table 47: Plastic Strap Market in India, by End-use Industry, Through 2026
Table 48: Plastic Strap Market in Japan, by Material, Through 2026
Table 49: Plastic Strap Market in Japan, by End-use Industry, Through 2026
Table 50: Plastic Strap Market in Rest of APAC, by Material, Through 2026
Table 51: Plastic Strap Market in Rest of APAC, by End-use Industry, Through 2026
Table 52: European Market for Plastic Straps, by Material, Through 2026
Table 53: European Market for Plastic Straps, by End-use Industry, Through 2026
Table 54: RoW Market for Plastic Straps, by Region, Through 2026
Table 55: RoW Market for Plastic Straps, by Material, Through 2026
Table 56: RoW Market for Plastic Straps, by End-use Industry, Through 2026
Table 57: Recent Developments in Plastic Strap Market 2018-2021
Table 58: Crown Holdings: Product Portfolio
Table 59: Fromm Packaging: Starstrap Line
Table 60: Linder GmbH: Strappings
Table 61: Maillis Strapping Systems: Products
Table 62: Teufelberger Strapping: Products
Table 63: Other Key Players in the Industry
Table 64: Abbreviations Used in the Report
List of Figures
Summary Figure: Global Market for Plastic Straps, by Region, 2020-2026
Summary Figure A: Global Plastic Strap Market (Estimated)
Figure 1: Global Plastics Production Volume, 2018-2020
Figure 2: Global Plastics Production Share, 2019
Figure 3: Global Plastics Market Share, by Region, 2020
Figure 4: Global Plastics Market Share, by End-use Industry, 2020
Figure 5: Global Plastics Packaging Market Share, by Type, 2020
Figure 6: Plastic Strap Value Chain
Figure 7: Plastic Strap Production Process
Figure 8: Factors Affecting Plastic Strap Market
Figure 9: Global Share of Each Material in the Plastic Strap Market, 2020
Figure 10: Global Paper Production, by Region, 2020
Figure 11: Top Countries in Cotton Production, 2020
Figure 12: Projected Global Cotton Production, by Country, 2030
Figure 13: Projected Shares of Top Cotton Exporting Countries, 2030
Figure 14: Global Brick Production, by Country, 2017
Figure 15: Global Tiles Production, by Region, 2019
Figure 16: Contribution to Global Construction Output Growth 2019-2030, by Country
Figure 17: Contribution to Global Construction Output Growth, 2019-2030
Figure 18: Global Apparel Production, by Country, 2018
Figure 19: Global Electronic Device Assembly Industry Shares, by Country, 2019
Figure 20: Global Retail Sales, by Region, 2019
Figure 21: Global Market for Plastic Straps, by Region, 2020
Figure 22: North American Market for Plastic Straps, by Country, 2020
Figure 23: North American Market for Plastic Straps, by Material, 2020
Figure 24: North American Market for Plastic Straps, by End-use Industry, 2020
Figure 25: Asia-Pacific Market for Plastic Straps, by Material, 2020
Figure 26: Asia-Pacific Market for Plastic Straps, by End-use Industry, 2020
Figure 27: Asia-Pacific Paper Production, by Country, 2018
Figure 28: Asia-Pacific Cotton Production, by Country, 2020
Figure 29: European Market for Plastic Straps, by Material, 2020
Figure 30: European Market for Plastic Straps, by End-Use Industry, 2020
Figure 31: Paper Production in Europe, by Country, 2018
Figure 32: Crude Steel Production in Europe, by Country, 2019
Figure 33: RoW Market Share for Plastic Straps, by Material, 2020
Figure 34: RoW Market for Plastic Straps, by End-use Industry, 2020
Figure 35: Crown Holdings: Financial Overview, 2020
Samples
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Executive Summary
Although steel straps and ropes are the most widely used products in the packaging industry for unitizing and palletizing purposes, the drawbacks associated with these products, such as their high price and high density (weight), have led to increased demand for other products. One such group of alternative products is plastic straps, which are widely used in the paper and baling industries due to their wide range of cost and break strength options.
Plastic straps, along with being lightweight, are easier to produce and handle than steel straps. This makes them widely available at a very low cost worldwide. These straps can also be customized with printed textures and different strengths for specific applications.
Reasons for Doing This Study:
The goal of this report is to provide a regional assessment of the potential of the market for plastic straps, as well as to estimate existing and projected future market sizes, current technologies, and future trends in the development of plastic straps. These straps have been widely used in many industries for many years. Within this context, this report identifies the market potential for plastic straps by type, region and end-user application for the timeframe of 2020 to 2026.
As the range of applications for plastic straps has broadened, specific demands have been imposed on the materials used. Over the past few years, growth in the cotton, construction materials, and retail industries in the Asia-Pacific and South Africa regions has opened many opportunities for plastic strap applications. In these regions, rising disposable incomes, coupled with growing global demand for textile, construction materials and lumber, has created a surge in demand for plastic straps.
The growing use of plastic straps in many industries has been fueled by these products’ ability to satisfy a wide array of customer needs, as well as the rapid commercialization of their customization. However, these straps face challenges due to environmental concerns and the increasing number of eco-friendlier alternatives in some industries. In some end-use industries, companies are developing packaging methods that utilize less material, especially plastics. This study explores the impact of these factors on plastic straps in the coming years.
Companies Mentioned
- Auto Strap India
- Crown Holdings
- Cyklop International
- Fromm Packaging
- Greenbridge
- Jairam Strap
- Linder Gmbh
- Maillis Strapping Systems
- Messersi Packaging
- Mosca
- Narrowtex
- Signor Polymers
- Sorsa Strapping Solutions
- Strapack
- Teufelberger
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 89 |
| Published | December 2021 |
| Forecast Period | 2021 - 2026 |
| Estimated Market Value ( USD | $ 2.5 Billion |
| Forecasted Market Value ( USD | $ 3 Billion |
| Compound Annual Growth Rate | 3.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
