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REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 8.72 billion by 2029 | 15.2% | North America |
| by Type | by Application |
|---|---|
|
|
SCOPE OF THE REPORT
Plastic Straps Market Overview
The plastic straps market is expected to grow at 15.2% CAGR from 2022 to 2029. It is expected to reach above USD 8.72 billion by 2029 from USD 2.44 billion in 2020.
The use of plastic straps to combine, reinforce, hold, stabilize, or bind a particular object is essentially the same as bundling materials that are applied over it. These straps, which are utilized in the packing business, are also frequently referred to as strapping. Plastic straps are anticipated to experience significant growth in the construction, paper, and cotton sectors, among other application areas. Bundling or banding is done with a plastic strap. Applying straps to unite, stabilize, hold, reinforce, or fasten an item is known as bundling or banding. Strapping is another name for the straps. Prior to innovation and the development of high tensile strength in plastic straps, steel strapping was used to bundle heavy objects, but it has since gained popularity among strapping materials. The packaging sector makes considerable use of plastic straps. Plastic straps make it possible to transport items damage-free from producing facilities to final consumers or the market. In many different industries, including building and construction, glass, food, and beverage, agricultural textile, plastic straps are used in a variety of applications. Plastic straps are more frequently used due to their affordability and light weight.
Another significant driver of market expansion for plastic straps is the rising construction sector. The global construction sector is expanding quickly, especially in nations like China, India, Saudi Arabia, Indonesia, and others. During the projected period, the market for plastic straps is anticipated to rise due to the increasing need for strapping materials to help convey commodities and raw materials to construction sites.
There are adverse effects as well, though. Due to plastic straps are not environmentally friendly, the market for plastic straps could be considerably impacted throughout the projected period. However, bio-based plastics may be a viable alternative due to they may undoubtedly counteract the dangers that come with rising eco-awareness.
The developing packaging and logistics industries, along with the burgeoning housing market, have been highlighted as the primary growth drivers in the plastic straps market. The need for logistics and transportation to allow the movement of these items has rapidly increased as a result of the expanding industrialization and commercialization in developing regions of the world. Strapping materials are frequently utilized to fasten or hold the products during transportation from production facilities to market venues. As a result, the market for plastic straps will experience growth over the upcoming years due to the increased demand to facilitate the movement of goods.
Consumer preferences and behavior were altered as a result of the pandemic, which resulted in a greater emphasis on hygiene and safety. This mentality change led to a higher focus on single-use and sealed packaging, which may lead to an increase in demand for plastic straps as a safe and tamper-evident packaging solution. Due to the epidemic, more people are turning to online buying for both needed and non-critical items. For effective packing, bundling, and transportation security of goods, e-commerce businesses rely significantly on plastic straps. The demand for plastic straps was boosted by the increase in e-commerce activity. The COVID-19 problem brought attention to the value of environmental awareness and sustainability. The importance of decreasing plastic waste and investigating environmentally suitable alternatives has increased. This might influence the market for plastic straps, causing a move towards more environmentally friendly materials or creative recycling and reuse projects.
Governments and regulatory bodies adopted a few policies in reaction to the pandemic to guarantee the hygienic and safety of goods. In some businesses, the specifications or standards for plastic straps may alter as a result of these actions, which could include packaging material restrictions.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion) (Kilotons) |
| Segmentation | By Type, By Application, By Region |
| By Type
 |
|
| By Application
 |
|
| By Region
 |
|
Plastic Straps Market Segment Analysis
Plastic straps market is segmented based on type, application, and region.
Based on type, a significant portion of the market was made up of polypropylene straps. Straps made of polypropylene can be used in a variety of settings. They are frequently used in sectors like packaging, construction, agriculture, and general manufacturing. To satisfy a variety of needs, polypropylene straps come in a variety of widths, thicknesses, and colours. When it comes to most chemicals, water, and moisture, polypropylene performs admirably. Polypropylene straps are appropriate for outdoor applications due to this characteristic, where exposure to the elements or extreme climatic conditions may occur. Polypropylene is a recyclable substance that helps save the environment. Many polypropylene straps may be recycled to create new plastic products, which reduces waste and has a little negative impact on the environment.
Based on application, a significant portion of the market was made up of industrial logistics & warehouse. Plastic straps’ light weight and ease of handling make packing and bundling easier in warehouse and logistics settings. They are simple to apply and take off, making loading and unloading processes efficient. Plastic straps are adjustable to a range of load kinds and load forms. They are appropriate for a variety of sectors and applications since they may be used to secure a variety of products, including boxes, cartons, containers, and palletized goods. Plastic straps can be used to ensure compliance in industrial logistics and warehousing operations by meeting industry-specific safety requirements and regulations. This is crucial when transporting dangerous goods or fragile items that need to be packaged securely and dependably.
Plastic Straps Market Players
The market research report covers the analysis of market players. Key companies profiled in the report include Crown Holdings, Fromm Packaging Systems, Messers Packaging, Polychem Corporation, Scientex Berhad, Mosca Direct Limited, Dubose Strapping, PAC Strapping Products, Auto Strap India, Classic Packaging Corporation.
- On March 2021, With the new Airpad Paper, FROMM introduced an extension of its already wide Airpad product range. The Airpad Paper is a new material made of a sealable paper. So, it looks like paper but works like an air cushion. The Airpad paper is bringing “the best of both worlds, the efficiency of the air cushions and the environmental image of the paper.
- On April 2022, Modified atmosphere packaging has established itself as one of the most effective and sustainable methods of extending the shelf life of foodstuffs. Messer offers exactly the right gases for this purpose.
Who Should Buy? Or Key Stakeholders
- Manufacturers of Plastic Straps
- Raw Material Suppliers
- Providers of Technologies Used for Manufacturing Plastic Straps
- Traders, Distributors, and Suppliers of Plastics Straps
- End-use Industries
- Government and Regional Agencies and Research Organizations
- Investment Research Firms
Plastic Straps Market Regional Analysis
The plastic straps market by region includes North America, Asia-Pacific (APAC), Europe, South America, And Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN, and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina, and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
The greatest revenue share in 2021 over 39% was accounted for by North America. The sustainability of transporting bulky items over long distances is increasing thanks to plastic-based packaging materials, which is driving up demand for plastic straps in this area. Growing public awareness is also encouraging packaging makers to produce renewable bioplastic for packaging. For instance, on February 7, 2022, Signode announced the introduction of cutting-edge packaging solutions, including the Dylastic Bio-based PP Strap, which uses nearly 40% renewable bioplastic and vegetable raw materials to cut CO2 emissions by half. It is anticipated that greater interoperability with other hand tools and machinery used in the packaging sector will spur market revenue growth in this area.
Key Market Segments: Plastic Straps Market
Plastic Straps Market by Type, 2020-2029, (USD Billion), (Kilotons)
- Polyester Straps
- Polypropylene Straps
- Nylon Straps
- Others
Plastic Straps Market by Application, 2020-2029, (USD Billion), (Kilotons)
- Industrial Logistics & Warehouse
- Food & Beverage
- Corrugated Cardboard
- Others
Plastic Straps Market by Region, 2020-2029, (USD Billion), (Kilotons)
- North America
- Asia Pacific
- Europe
- South America
- Middle East and Africa
Important Countries in All Regions Are Covered.
Exactitude Consultancy Services Key Objectives:
- Increasing sales and Market share
- Developing new Type
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the plastic straps market over the next 7 years?
- Who are the major players in the plastic straps market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, And Africa?
- How is the economic environment affecting the plastic straps market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the plastic straps market?
- What is the current and forecasted size and growth rate of the global plastic straps market?
- What are the key drivers of growth in the plastic straps market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the plastic straps market?
- What are the technological advancements and innovations in the plastic straps market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the plastic straps market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the plastic straps market?
- What are the products offerings and specifications of leading players in the market?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL PLASTIC STRAPS MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON PLASTIC STRAPS MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL PLASTIC STRAPS MARKET OUTLOOK
- GLOBAL PLASTIC STRAPS MARKET BY TYPE, 2020-2029, (USD BILLION), (KILOTONS)
- POLYESTER STRAPS
- POLYPROPYLENE STRAPS
- NYLON STRAPS
- OTHERS
- GLOBAL PLASTIC STRAPS MARKET BY APPLICATION, 2020-2029, (USD BILLION), (KILOTONS)
- INDUSTRIAL LOGISTICS & WAREHOUSE
- FOOD & BEVERAGE
- CORRUGATED CARDBOARD
- OTHERS
- GLOBAL PLASTIC STRAPS MARKET BY REGION, 2020-2029, (USD BILLION), (KILOTONS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES*
(BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- CROWN HOLDINGS
- FROMM PACKAGING SYSTEMS
- MESSERS PACKAGING
- POLYCHEM CORPORATION
- SCIENTEX BERHAD
- MOSCA DIRECT LIMITED
- DUBOSE STRAPPING
- PAC STRAPPING PRODUCTS
- AUTO STRAP INDIA
- CLASSIC PACKAGING CORPORATION
*THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1 GLOBAL PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 2 GLOBAL PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 3 GLOBAL PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 4 GLOBAL PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 5 GLOBAL PLASTIC STRAPS MARKET BY REGION (USD BILLION), 2020-2029
TABLE 6 GLOBAL PLASTIC STRAPS MARKET BY REGION (KILOTONS), 2020-2029
TABLE 7 NORTH AMERICA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 8 NORTH AMERICA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 9 NORTH AMERICA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 10 NORTH AMERICA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 11 NORTH AMERICA PLASTIC STRAPS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 12 NORTH AMERICA PLASTIC STRAPS MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 13 US PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 14 US PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 15 US PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 16 US PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 17 CANADA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 18 CANADA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 19 CANADA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 20 CANADA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 21 MEXICO PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 22 MEXICO PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 23 MEXICO PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 24 MEXICO PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 25 SOUTH AMERICA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 26 SOUTH AMERICA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 27 SOUTH AMERICA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 28 SOUTH AMERICA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 29 SOUTH AMERICA PLASTIC STRAPS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 30 SOUTH AMERICA PLASTIC STRAPS MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 31 BRAZIL PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 32 BRAZIL PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 33 BRAZIL PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 34 BRAZIL PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 35 ARGENTINA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 36 ARGENTINA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 37 ARGENTINA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 38 ARGENTINA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 39 COLOMBIA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 40 COLOMBIA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 41 COLOMBIA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 42 COLOMBIA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 43 REST OF SOUTH AMERICA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 44 REST OF SOUTH AMERICA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 45 REST OF SOUTH AMERICA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 46 REST OF SOUTH AMERICA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 47 ASIA-PACIFIC PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 48 ASIA-PACIFIC PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 49 ASIA-PACIFIC PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 50 ASIA-PACIFIC PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 51 ASIA-PACIFIC PLASTIC STRAPS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 52 ASIA-PACIFIC PLASTIC STRAPS MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 53 INDIA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 54 INDIA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 55 INDIA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 56 INDIA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 57 CHINA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 58 CHINA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 59 CHINA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 60 CHINA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 61 JAPAN PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 62 JAPAN PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 63 JAPAN PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 64 JAPAN PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 65 SOUTH KOREA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 66 SOUTH KOREA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 67 SOUTH KOREA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 68 SOUTH KOREA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 69 AUSTRALIA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 70 AUSTRALIA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 71 AUSTRALIA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 72 AUSTRALIA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 73 SOUTH EAST ASIA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 74 SOUTH EAST ASIA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 75 SOUTH EAST ASIA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 76 SOUTH EAST ASIA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 77 REST OF ASIA PACIFIC PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 78 REST OF ASIA PACIFIC PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 79 REST OF ASIA PACIFIC PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 80 REST OF ASIA PACIFIC PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 81 EUROPE PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 82 EUROPE PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 83 EUROPE PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 84 EUROPE PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 85 EUROPE PLASTIC STRAPS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 86 EUROPE PLASTIC STRAPS MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 87 GERMANY PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 88 GERMANY PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 89 GERMANY PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 90 GERMANY PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 91 UK PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 92 UK PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 93 UK PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 94 UK PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 95 FRANCE PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 96 FRANCE PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 97 FRANCE PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 98 FRANCE PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 99 ITALY PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 100 ITALY PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 101 ITALY PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 102 ITALY PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 103 SPAIN PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 104 SPAIN PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 105 SPAIN PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 106 SPAIN PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 107 RUSSIA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 108 RUSSIA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 109 RUSSIA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 110 RUSSIA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 111 REST OF EUROPE PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 112 REST OF EUROPE PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 113 REST OF EUROPE PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 114 REST OF EUROPE PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 115 MIDDLE EAST AND AFRICA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 116 MIDDLE EAST AND AFRICA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 117 MIDDLE EAST AND AFRICA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 118 MIDDLE EAST AND AFRICA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 119 MIDDLE EAST AND AFRICA PLASTIC STRAPS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 120 MIDDLE EAST AND AFRICA PLASTIC STRAPS MARKET BY COUNTRY (KILOTONS), 2020-2029
TABLE 121 UAE PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 122 UAE PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 123 UAE PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 124 UAE PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 125 SAUDI ARABIA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 126 SAUDI ARABIA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 127 SAUDI ARABIA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 128 SAUDI ARABIA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 129 SOUTH AFRICA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 130 SOUTH AFRICA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 131 SOUTH AFRICA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 132 SOUTH AFRICA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
TABLE 133 REST OF MIDDLE EAST AND AFRICA PLASTIC STRAPS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 134 REST OF MIDDLE EAST AND AFRICA PLASTIC STRAPS MARKET BY TYPE (KILOTONS), 2020-2029
TABLE 135 REST OF MIDDLE EAST AND AFRICA PLASTIC STRAPS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 136 REST OF MIDDLE EAST AND AFRICA PLASTIC STRAPS MARKET BY APPLICATION (KILOTONS), 2020-2029
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL PLASTIC STRAPS MARKET BY TYPE, USD BILLION, 2020-2029
FIGURE 9 GLOBAL PLASTIC STRAPS MARKET BY APPLICATION, USD BILLION, 2020-2029
FIGURE 10 GLOBAL PLASTIC STRAPS MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 11 PORTER’S FIVE FORCES MODEL
FIGURE 12 GLOBAL PLASTIC STRAPS MARKET BY TYPE, USD BILLION, 2021
FIGURE 13 GLOBAL PLASTIC STRAPS MARKET BY APPLICATION, USD BILLION, 2021
FIGURE 14 GLOBAL PLASTIC STRAPS MARKET BY REGION, USD BILLION, 2021
FIGURE 15 MARKET SHARE ANALYSIS
FIGURE 16 CROWN HOLDINGS: COMPANY SNAPSHOT
FIGURE 16 FROMM PACKAGING SYSTEMS: COMPANY SNAPSHOT
FIGURE 17 MESSERS PACKAGING: COMPANY SNAPSHOT
FIGURE 18 POLYCHEM CORPORATION: COMPANY SNAPSHOT
FIGURE 19 SCIENTEX BERHAD: COMPANY SNAPSHOT
FIGURE 20 MOSCA DIRECT LIMITED: COMPANY SNAPSHOT
FIGURE 21 DUBOSE STRAPPING: COMPANY SNAPSHOT
FIGURE 22 PAC STRAPPING PRODUCTS: COMPANY SNAPSHOT
FIGURE 23 AUTO STRAP INDIA: COMPANY SNAPSHOT
FIGURE 24 CLASSIC PACKAGING CORPORATION: COMPANY SNAPSHOT
FAQ
The plastic straps market is expected to grow at 15.2% CAGR from 2022 to 2029. It is expected to reach above USD 8.72 billion by 2029 from USD 2.44 billion in 2020.
North America held more than 39% of the plastic straps market revenue share in 2021 and will witness expansion in the forecast period.
Plastic straps are widely used and may be reused, which will help to lower the cost of the goods. The population’s growing eco-awareness, combined with increased R&D by the major companies, propels market expansion. The increase of packaging, logistics, and the expansion of industrial housing are driving the expansion of the plastic strap market.
The growth of the food and beverage industry in North America has led to a dominance of the plastic straps market. Furthermore, throughout the projected period, the rising demand for electronics products will offer additional potential chances for the expansion of the plastic straps market in the region.
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