Strapping Materials Market Size, Share & Trends Analysis Report by Application, Product (Steel, Polypropylene [PP], Polyester [PET]), Region, and Segment Forecasts, 2023-2030

The global strapping materials market size is expected to reach USD 9.14 billion by 2030, registering a CAGR of 4.9% from 2023 to 2030, according to the report. The advantage of recycling pretend by plastic strapping materials makes it a sustainable packaging substitute, which is expected to drive market growth over the coming years.

Polypropylene was the largest material segment in terms of revenue in 2022 and the trend is projected to continue with a CAGR of 5.3% over the forecast period. Its property of high elongation recovery is expected to boost market growth over the forecast period.

Plastic strapping is a durable alternative to conventional packaging materials namely glass, aluminum, and tin, which are used in the food and beverage industry. The flexibility of plastic allows manufacturers to customize shape, size, and any other specification as per the packaging requirement of a customer. Plastic strapping also helps save packaging space compared to conventional packaging. It also offers damage protection as it is compliant with cargo securement standards defined by regulatory bodies in developed economies of North America and Europe.

Demand for strapping materials will be driven by growth in industries such as food and beverages, industrial logistics and warehouse, and corrugated cardboard and paper in developed economies including U.S., Germany, and U.K.

Leading global players, such as Mosca GmbH, Cyklop International, and Strapack, Inc., have a significant presence in North America and European countries and are further working toward expanding their operations in Asia Pacific. As strapping materials are increasingly used in corrugated cardboard and paper, food and beverages, industrial logistics and warehousing, and building and construction industries owing to their niche characteristics, they are anticipated to offer growth opportunities to key market players over the forecast period.

Strapping Materials Market Report Highlights

Polypropylene segment accounted for the largest revenue share of 46.6% in 2022 and is estimated to register the fastest CAGR of 5.3% over the forecast period. This growth rate can be attributed to its application in various end-use industries such as food and beverages, newspaper and graphics and industrial logistics and warehousing
The industrial logistics and warehouse segment accounted for the largest revenue share of 27.2% in 2022 due to different types of strapping materials used in this sector
Asia Pacific dominated the market and accounted for the largest revenue share of 36.1% in 2022 and is expected to grow at the fastest CAGR of 5.6% during the forecast period. This growth can be attributed to the increased application of strapping materials in industries such as food and beverages, industrial logistics and warehouses, and newspapers and graphics.

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
1.1.1. Application
1.1.2. Product
1.1.3. Regional scope
1.1.4. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Application outlook
2.2.2. Product outlook
2.2.3. Regional outlook
2.3. Competitive Insights

Chapter 3. Strapping Materials Market Variables, Trends & Scope

3.1. Market Lineage Outlook
3.2. Penetration & Growth Prospect Mapping
3.3. Value Chain Analysis
3.4. Regulatory Framework
3.5. Market Dynamics
3.5.1. Market driver analysis
3.5.2. Market restraint analysis
3.5.3. Industry opportunities & challenges
3.6. Strapping Materials Market Analysis Tools
3.6.1. Industry analysis - Porter’s
3.6.1.1. Supplier power
3.6.1.2. Buyer power
3.6.1.3. Substitution threat
3.6.1.4. Threat of new entrant
3.6.1.5. Competitive rivalry
3.6.2. PESTEL analysis
3.6.2.1. Political landscape
3.6.2.2. Technological landscape
3.6.2.3. Economic landscape
3.6.2.4. Social landscape
3.6.2.5. Environmental landscape
3.6.2.6. Legal landscape

Chapter 4. Supplier Portfolio Analysis

4.1. List of Suppliers
4.2. Kraljic Matrix
4.3. Sourcing Best Practices
4.4. Negotiation Strategies

Chapter 5. Strapping Materials: Application Estimates & Trend Analysis

5.1. Strapping Materials Market: Key Takeaways
5.2. Strapping Materials Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Food & Beverage
5.3.1. Food & beverage market estimates and forecasts, 2018 to 2030 (USD Million)
5.4. Industrial Logistics & Warehouse
5.4.1. Industrial logistics & warehouse market estimates and forecasts, 2018 to 2030 (USD Million)
5.5. Corrugated Cardboard & Paper
5.5.1. Corrugated cardboard & paper market estimates and forecasts, 2018 to 2030 (USD Million)
5.6. Newspaper & Graphics
5.6.1. Newspaper & graphics market estimates and forecasts, 2018 to 2030 (USD Million)
5.7. Building & Construction
5.7.1. Building & construction market estimates and forecasts, 2018 to 2030 (USD Million)
5.8. Metal
5.8.1. Metal market estimates and forecasts, 2018 to 2030 (USD Million)

Chapter 6. Strapping Materials: Product Estimates & Trend Analysis

6.1. Strapping Materials Market: Key Takeaways
6.2. Strapping Materials Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Steel
6.3.1. Steel market estimates and forecasts, 2018 to 2030 (USD Million)
6.4. Polypropylene (PP)
6.4.1. Polypropylene (PP) market estimates and forecasts, 2018 to 2030 (USD Million)
6.5. Polyester (PET)
6.5.1. Polyester (PET) market estimates and forecasts, 2018 to 2030 (USD Million)

Chapter 7. Strapping Materials Market: Regional Estimates & Trend Analysis

7.1. Regional Outlook
7.2. Strapping Materials Market by Region: Key Takeaway
7.3. North America
7.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.3.2. U.S.
7.3.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.3.3. Canada
7.3.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.3.4. Mexico
7.3.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.4. Europe
7.4.1. UK
7.4.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.4.2. Germany
7.4.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.4.3. France
7.4.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.4.4. Italy
7.4.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.4.5. Spain
7.4.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.5. Asia Pacific
7.5.1. China
7.5.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.5.2. Japan
7.5.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.5.3. India
7.5.3.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.5.4. Taiwan
7.5.4.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.5.5. South Korea
7.5.5.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.5.6. Australia
7.5.6.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.6. Central and South America
7.6.1. Argentina
7.6.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.6.2. Brazil
7.6.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.7. MEA
7.7.1. South Africa
7.7.1.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)
7.7.2. Saudi Arabia
7.7.2.1. Market estimates and forecasts, 2018 - 2030 (Revenue, USD Million)

Chapter 8. Competitive Landscape

8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Market Participant Categorization
8.2.1. Cyklop
8.2.1.1. Company overview
8.2.1.2. Financial performance
8.2.1.3. Product benchmarking
8.2.1.4. Strategic initiatives
8.2.2. UNIPACK
8.2.2.1. Company overview
8.2.2.2. Financial performance
8.2.2.3. Product benchmarking
8.2.2.4. Strategic initiatives
8.2.3. Mosca GmbH
8.2.3.1. Company overview
8.2.3.2. Financial performance
8.2.3.3. Product benchmarking
8.2.3.4. Strategic initiatives
8.2.4. Panorama Packaging Pvt. Ltd.
8.2.4.1. Company overview
8.2.4.2. Financial performance
8.2.4.3. Product benchmarking
8.2.4.4. Strategic initiatives
8.2.5. Plastofine Industries.
8.2.5.1. Company overview
8.2.5.2. Financial performance
8.2.5.3. Product benchmarking
8.2.5.4. Strategic initiatives
8.2.6. GREENBRIDGE
8.2.6.1. Company overview
8.2.6.2. Financial performance
8.2.6.3. Product benchmarking
8.2.6.4. Strategic initiatives
8.2.7. Signode Industrial Group LLC
8.2.7.1. Company overview
8.2.7.2. Financial performance
8.2.7.3. Product benchmarking
8.2.7.4. Strategic initiatives
8.2.8. Signor Polymers Pvt. Ltd.
8.2.8.1. Company overview
8.2.8.2. Financial performance
8.2.8.3. Product benchmarking
8.2.8.4. Strategic initiatives
8.2.9. StraPack, Corp.
8.2.9.1. Company overview
8.2.9.2. Financial performance
8.2.9.3. Product benchmarking
8.2.9.4. Strategic initiatives
8.2.10. Titan Umreifungstechnik GmbH & Co. KG
8.2.10.1. Company overview
8.2.10.2. Financial performance
8.2.10.3. Product benchmarking
8.2.10.4. Strategic initiatives
8.2.11. 3M
8.2.11.1. Company overview
8.2.11.2. Financial performance
8.2.11.3. Product benchmarking
8.2.11.4. Strategic initiatives

List of Tables

Table 1 List of abbreviation
Table 2 North America strapping materials market, by application, 2018 - 2030 (USD Million)
Table 3 North America strapping materials market, by product, 2018 - 2030 (USD Million)
Table 4 North America strapping materials market, by region, 2018 - 2030 (USD Million)
Table 5 U.S. strapping materials market, by application, 2018 - 2030 (USD Million)
Table 6 U.S. strapping materials market, by product, 2018 - 2030 (USD Million)
Table 7 Canada strapping materials market, by application, 2018 - 2030 (USD Million)
Table 8 Canada strapping materials market, by product, 2018 - 2030 (USD Million)
Table 9 Mexico strapping materials market, by application, 2018 - 2030 (USD Million)
Table 10 Mexico strapping materials market, by product, 2018 - 2030 (USD Million)
Table 11 Europe strapping materials market, by application, 2018 - 2030 (USD Million)
Table 12 Europe strapping materials market, by product, 2018 - 2030 (USD Million)
Table 13 Europe strapping materials market, by region, 2018 - 2030 (USD Million)
Table 14 UK strapping materials market, by application, 2018 - 2030 (USD Million)
Table 15 UK strapping materials market, by product, 2018 - 2030 (USD Million)
Table 16 Germany strapping materials market, by application, 2018 - 2030 (USD Million)
Table 17 Germany strapping materials market, by product, 2018 - 2030 (USD Million)
Table 18 France strapping materials market, by application, 2018 - 2030 (USD Million)
Table 19 France strapping materials market, by product, 2018 - 2030 (USD Million)
Table 20 Italy strapping materials market, by application, 2018 - 2030 (USD Million)
Table 21 Italy strapping materials market, by product, 2018 - 2030 (USD Million)
Table 22 Spain strapping materials market, by application, 2018 - 2030 (USD Million)
Table 23 Spain strapping materials market, by product, 2018 - 2030 (USD Million)
Table 24 Asia Pacific strapping materials market, by application, 2018 - 2030 (USD Million)
Table 25 Asia Pacific strapping materials market, by product, 2018 - 2030 (USD Million)
Table 26 Asia Pacific strapping materials market, by region, 2018 - 2030 (USD Million)
Table 27 China strapping materials market, by application, 2018 - 2030 (USD Million)
Table 28 China strapping materials market, by product, 2018 - 2030 (USD Million)
Table 29 Japan strapping materials market, by application, 2018 - 2030 (USD Million)
Table 30 Japan strapping materials market, by product, 2018 - 2030 (USD Million)
Table 31 India strapping materials market, by application, 2018 - 2030 (USD Million)
Table 32 India strapping materials market, by product, 2018 - 2030 (USD Million)
Table 33 Taiwan strapping materials market, by application, 2018 - 2030 (USD Million)
Table 34 Taiwan strapping materials market, by product, 2018 - 2030 (USD Million)
Table 35 South Korea strapping materials market, by application, 2018 - 2030 (USD Million)
Table 36 South Korea strapping materials market, by product, 2018 - 2030 (USD Million)
Table 37 Australia strapping materials market, by application, 2018 - 2030 (USD Million)
Table 38 Australia strapping materials market, by product, 2018 - 2030 (USD Million)
Table 39 Central and South America strapping materials market, by application, 2018 - 2030 (USD Million)
Table 40 Central and South America strapping materials market, by product, 2018 - 2030 (USD Million)
Table 41 Central and South America strapping materials market, by region, 2018 - 2030 (USD Million)
Table 42 Argentina strapping materials market, by application, 2018 - 2030 (USD Million)
Table 43 Argentina strapping materials market, by product, 2018 - 2030 (USD Million)
Table 44 Brazil strapping materials market, by application, 2018 - 2030 (USD Million)
Table 45 Brazil strapping materials market, by product, 2018 - 2030 (USD Million)
Table 46 Middle East and Africa strapping materials market, by application, 2018 - 2030 (USD Million)
Table 47 Middle East and Africa strapping materials market, by product, 2018 - 2030 (USD Million)
Table 48 Middle East and Africa strapping materials market, by region, 2018 - 2030 (USD Million)
Table 49 South Africa strapping materials market, by application, 2018 - 2030 (USD Million)
Table 50 South Africa strapping materials market, by product, 2018 - 2030 (USD Million)
Table 51 Saudi Arabia strapping materials market, by application, 2018 - 2030 (USD Million)
Table 52 Saudi Arabia strapping materials market, by product, 2018 - 2030 (USD Million)

List of Figures

Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Strapping materials: Market outlook
Fig. 9 Strapping materials: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Industry value chain analysis
Fig. 14 Strapping materials market driver impact
Fig. 15 Strapping materials market restraint impact
Fig. 16 Strapping materials market strategic initiatives analysis
Fig. 17 Strapping materials market: Application movement analysis
Fig. 18 Strapping materials market: Application outlook and key takeaways
Fig. 19 Food & beverage market estimates and forecasts, 2018 - 2030
Fig. 20 Industrial logistics & warehouse market estimates and forecasts, 2018 - 2030
Fig. 21 Corrugated cardboard & paper market estimates and forecasts, 2018 - 2030
Fig. 22 Newspaper & graphics market estimates and forecasts, 2018 - 2030
Fig. 23 Building & construction market estimates and forecasts, 2018 - 2030
Fig. 24 Metal market estimates and forecasts, 2018 - 2030
Fig. 25 Strapping materials market: Product movement analysis
Fig. 26 Strapping materials market: Product outlook and key takeaways
Fig. 27 Steel market estimates and forecasts, 2018 - 2030
Fig. 28 Polypropylene (PP) market estimates and forecasts, 2018 - 2030
Fig. 29 Polyester (PET) market estimates and forecasts, 2018 - 2030
Fig. 30 Global strapping materials market: Regional movement analysis
Fig. 31 Global strapping materials market: Regional outlook and key takeaways
Fig. 32 North America market estimates and forecasts, 2018 - 2030
Fig. 33 U.S. market estimates and forecasts, 2018 - 2030
Fig. 34 Canada market estimates and forecasts, 2018 - 2030
Fig. 35 Mexico market estimates and forecasts, 2018 - 2030
Fig. 36 Europe market estimates and forecasts, 2018 - 2030
Fig. 37 U.K. market estimates and forecasts, 2018 - 2030
Fig. 38 Germany market estimates and forecasts, 2018 - 2030
Fig. 39 France market estimates and forecasts, 2018 - 2030
Fig. 40 Italy market estimates and forecasts, 2018 - 2030
Fig. 41 Spain market estimates and forecasts, 2018 - 2030
Fig. 42 Asia Pacific market estimates and forecasts, 2018 - 2030
Fig. 43 China market estimates and forecasts, 2018 - 2030
Fig. 44 Japan market estimates and forecasts, 2018 - 2030
Fig. 45 India market estimates and forecasts, 2018 - 2030
Fig. 46 South Korea market estimates and forecasts, 2018 - 2030
Fig. 47 Taiwan market estimates and forecasts, 2018 - 2030
Fig. 48 Australia market estimates and forecasts, 2018 - 2030
Fig. 49 Central and South America market estimates and forecasts, 2018 - 2030
Fig. 50 Argentina market estimates and forecasts, 2018 - 2030
Fig. 51 Brazil market estimates and forecasts, 2018 - 2030
Fig. 52 Middle East and Africa. market estimates and forecasts, 2018 - 2030
Fig. 53 South Africa market estimates and forecasts, 2018 - 2030
Fig. 54 Saudi Arabia market estimates and forecasts, 2018 - 2030

Companies Profiled

Cyklop
UNIPACK
Mosca GmbH
Panorama Packaging Pvt. Ltd.
Plastofine Industries.
GREENBRIDGE
Signode Industrial Group LLC
Signor Polymers Pvt. Ltd.
StraPack, Corp.
Titan Umreifungstechnik GmbH & Co. KG
3M

Methodology

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Table Information

Report Attribute	Details
No. of Pages	75
Published	November 2023
Forecast Period	2022 - 2030
Estimated Market Value ( USD ) in 2022	$ 6.2 Billion
Forecasted Market Value ( USD ) by 2030	$ 9.14 Billion
Compound Annual Growth Rate	4.9%
Regions Covered	Global
No. of Companies Mentioned	11

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Strapping Materials Market Report Highlights

Table of Contents

Companies Profiled

Methodology

Table Information

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