Plastic Straps Market by Type (Polyester Straps, Polypropylene Straps, Nylon Straps, Paper Straps, Composite Straps, Corded and Woven Straps), End-Use Industry (Fiber, Steel, Cotton, Paper, Bricks & Tiles), and Region - Global Forecast to 2023

  • ID: 4580475
  • Report
  • Region: Global
  • 119 Pages
  • Markets and Markets
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The plastic straps market is projected to grow from USD 1.55 billion in 2018 to USD 3.68 billion by 2023, at a CAGR of 18.8% from 2018 to 2023.

FEATURED COMPANIES

  • Auto Strap India
  • Crown Holdings
  • Dubose Strapping
  • Linder Seevetal
  • PAC Strapping Products
  • Samuel Strapping System
  • MORE

“The increased use of plastic straps in the steel and paper industries due to their lightweight and low-costs is fueling the growth of the plastic straps market across the globe.”

The plastic straps market is projected to grow from USD 1.55 billion in 2018 to USD 3.68 billion by 2023, at a CAGR of 18.8% from 2018 to 2023. The increased use of plastic straps in various industries due to their lightweight and low-costs is leading to the growth of the plastic straps market across the globe. Moreover, the rising demand for plastic straps from major markets such as India and China is also fueling the growth of the plastic straps market. However, environmental pollution caused by the use of plastic straps and inadequate measures for their waste management are expected to hamper the consumption of plastic straps across the globe.

“Among types, the polypropylene straps segment is projected to lead the plastic straps market from 2018 to 2023 in terms of both, value and volume.”

The polypropylene straps type segment is projected to lead the plastic straps market during the forecast period in terms of both, value and volume. The growth of this segment of the market can be attributed to the wide applicability of polypropylene straps in various industries such as steel, paper, and fiber as these straps offer high tensile resistance, improved flexibility, and excellent corrosion resistance.

“Among end-use industries, the paper segment is projected to lead the plastic straps market from 2018 to 2023, in terms of value.”

The paper end-use industry segment is projected to lead the plastic straps market during the forecast period, in terms of value. Plastic straps are used for bundling items such as newspapers together for their convenient handling and shipment. Thus, the paper end-use industry segment of the plastic straps market is expected to witness continuous and sturdy growth during the forecast period.

“In terms of value, the Asia Pacific region is projected to lead the plastic straps market from 2018 to 2023.”

The Asia Pacific region is projected to lead the plastic straps market during the forecast period, in terms of value. The continuously rising middle-class of the Asia Pacific region and their increasing purchasing power and disposable income have led to the growth of the paper, steel, and bricks & tiles industries in the region. This, in turn, has led to the increased demand for plastic straps from these industries, thereby fueling the growth of the Asia Pacific plastic straps market. Moreover, a number of multinational companies are also investing in the manufacturing sector of the region, which is leading to the growth of the plastic straps market in the region.

In the process of determining and verifying the size obtained for several segments and subsegments of the plastic straps market through secondary research, extensive primary interviews have been conducted.

The breakdown of primary interviews has been given below:

  • By Company Type: Tier 1 – 43%, Tier 2 – 36%, and Tier 3 – 21%
  • By Designation: C Level – 21%, Director Level – 29%, and Others – 50%
  • By Region: North America – 31%, Europe – 25%, Asia Pacific – 17%, and South America – 17%, and the Middle East & Africa- 10%

The key companies profiled in this market research report include Crown Holdings (US), Polychem Corporation (US), Teufelberger (Austria), FROMM Packaging (US), Messersi Packaging (Italy), Dubose Strapping (US), Auto Strap (India), and PAC Strapping (US).

Research Coverage

This report covers the plastic straps market, in terms of value and volume and forecasts the market size till 2023. The report also includes the segmentation of the plastic straps market based on type (polyester straps, polypropylene straps, nylon straps, and others), end-use industry (paper, steel, fiber, bricks & tiles, cotton, and others), and region (Asia Pacific, Europe, North America, the Middle East & Africa, and South America). The regions have been further segmented based on their respective key countries into the US, Canada, Mexico, Germany, the UK, France, Spain, Italy, Norway, the Netherlands, China, Japan, South Korea, Malaysia, India, Saudi Arabia, South Africa, the UAE, Brazil, and Argentina. The report also profiles the leading players of the plastic straps market and provides information on the competitive strategies adopted by these players to strengthen their position in the plastic straps market.

The report is expected to help the market leaders/new entrants in the plastic straps market in the following ways:

  • This report segments the plastic straps market comprehensively and provides the closest approximations of the revenue numbers for the overall market and its subsegments across different verticals and regions.
  • It is expected to help the stakeholders understand the pulse of the market, and provide them with detailed information on the key market drivers, restraints, challenges, and opportunities.
  • It is expected to help the stakeholders understand their competitors and gain insights to improve their position in plastic straps market. The competitive landscape section information of developments such as new product launches and mergers & acquisitions undertaken by these leading players.
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FEATURED COMPANIES

  • Auto Strap India
  • Crown Holdings
  • Dubose Strapping
  • Linder Seevetal
  • PAC Strapping Products
  • Samuel Strapping System
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Regional Scope
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Plastic Straps Market
4.2 Plastic Straps Market, By Region
4.3 Global Plastic Straps Market
4.4 Plastic Straps Market Share, By Country, 2016
4.5 Plastic Straps Market, By End-Use Industry

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Lightweight and Low-Cost Alternative for Other Materials
5.2.1.2 Rising Demand in Major Markets, Such as India and China
5.2.2 Restraints
5.2.2.1 Environment Pollution and Waste Management
5.2.3 Opportunities
5.2.3.1 Development of Bio-Based Plastics
5.2.3.2 Booming Construction Industry in Developing Countries
5.2.4 Challenges
5.2.4.1 Fluctuating Raw Material Prices
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Overview and Key Drivers
5.4.1 Introduction
5.4.2 Trends and Forecast of GDP
5.4.3 Per Capita Plastic Consumption Trend, 2016

6 Plastics Straps Market, By Type
6.1 Introduction
6.2 Polyester
6.3 Polypropylene
6.4 Nylon
6.5 Others

7 Plastic Straps Market, By End-Use Industry
7.1 Introduction
7.2 Steel
7.3 Cotton
7.4 Paper
7.5 Fiber
7.6 Bricks& Tiles
7.7 Others

8 Plastic Straps Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 Italy
8.3.3 France
8.3.4 U.K.
8.3.5 Spain
8.3.6 Rest of Europe
8.4 APAC
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Rest of APAC
8.5 Middle East & Africa
8.5.1 Iran
8.5.2 Saudi Arabia
8.5.3 South Africa
8.5.4 Rest of Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Rest of South America

9 Competitive Landscape
9.1 Introduction
9.2 Market Ranking
9.3 Competitive Scenario
9.3.1 Mergers & Acquisitions
9.3.2 New Product Launch

10 Company Profiles
10.1 Crown Holdings
10.2 Polychem Corporation
10.3 Teufelberger
10.4 Fromm Packaging Systems
10.5 Messersì Packaging
10.6 Dubose Strapping
10.7 PAC Strapping Products
10.8 Auto Strap India
10.9 Linder Seevetal
10.10 Other Companies
10.10.1 Cyklop Nederland
10.10.2 Sorsa Strapping Systems
10.10.3 Samuel Strapping System
10.10.4 North Shore Strapping Company
10.10.5 Consent Group

11 Appendix
11.1 Discussion Guide
11.2 Knowledge Store
11.3 Introducing RT: Real-Time Market Intelligence
11.4 Available Customizations
11.5 Related Reports
11.6 Author Details

List of Tables
Table 1 Trends and Forecast of GDP Growth % (2017–2022)
Table 2 Plastics Straps Market Size, By Type, 2016–2023 (USD Million)
Table 3 Plastics Straps Market Size, By Type, 2016–2023 (Kiloton)
Table 4 Polyester Plastic Straps Market Size, By Region, 2016–2023 (USD Million)
Table 5 Polyester Plastic Straps Market Size, By Region, 2016–2023 (Kiloton)
Table 6 Polypropylene Plastic Straps Market Size, By Region, 2016–2023 (USD Million)
Table 7 Polypropylene Plastic Straps Market Size, By Region, 2016–2023 (Kiloton)
Table 8 Nylon Plastic Straps Market Size, By Region, 2016–2023, (USD Million)
Table 9 Nylon Plastics Straps Market Size, By Region, 2016–2023 (Kiloton)
Table 10 Other Plastics Straps Market Size, By Region, 2016–2023, (USD Million)
Table 11 Other Plastics Straps Market, By Region, 2016–2023 (Kiloton)
Table 12 Plastic Straps Market Size, By End-Use Industry, 2016–2023 (USDmillion)
Table 13 Plastic Straps Market Size, By End-Use Industry, 2016–2028 (KT)
Table 14 Plastic Straps Mrket Size in Steel Industry, By Region, 2016–2023 (USD Million)
Table 15 Plastic Straps Market Size in Steel Industry, By Region, 2016–2023(KT)
Table 16 Plastic Straps Market Size in Cotton Industry , By Region, 2016–2023 (USD Million)
Table 17 Plastic Straps Market Size in Cotton Industry, By Region, 2016–2023 (KT)
Table 18 Plastic Straps Market Size in Paper Industry, By Region, 2016–2023 (USD Million)
Table 19 Plastic Straps Market Size in Paper Industry, By Region, 2016–2023 (KT)
Table 20 Plastic Straps Market Size in Fiber Industry , By Region, 2016–2023 (USD Million)
Table 21 Plastic Straps Market Size in Fiber Industry, By Region, 2016–2023 (KT)
Table 22 Plastic Straps Market Size in Bricks & Tiles Industries, By Region, 2016–2023 (USD Million)
Table 23 Plastic Straps Market Size in Bricks & Tile S Industries, By Region, 2016–2023 (KT)
Table 24 Plastic Straps Market Size in Other Industries, By Region, 2016–2023 (USD Million)
Table 25 Plastic Straps Market Size in Other Industries, By Region, 2016–2023 (KT)
Table 26 Plastic Straps Market Size, By Region, 2016–2023 (USD Million)
Table 27 Plastic Straps Market Size, By Region, 2016–2023 (KT)
Table 28 North America: Plastic Straps Market Size, By Country, 2016–2023(USD Million)
Table 29 North America: Plastic Straps Market Size, By Country, 2016–2023 (KT)
Table 30 North America: Plastic Straps Market Size, By End Use Industry, 2016–2023 (USD Million)
Table 31 North America: Plastic Straps Market Size, By End Use Industry, 2016–2023 (KT)
Table 32 North America: Plastic Straps Market Size, By Type, 2016–2023 (USD Million)
Table 33 North America: Plastic Straps Market Size, By Type, 2016–2023 (KT)
Table 34 US: Plastic Straps Market Size, By Application Industry, 2016–2023 (USD Million)
Table 35 US: Plastic Straps Market Size, By Application Industry, 2016–2023 (KT)
Table 36 Canada: Plastic Straps Market Size, By Edn-Use, 2016–2023(USD Million)
Table 37 Canada: Plastic Straps Market Size, By Edn-Use, 2016–2023(KT)
Table 38 Mexico: Plastic Straps Market Size, By End-Use, 2016–2023 (USD Million)
Table 39 Mexico: Plastic Straps Market Size, By End-Use, 2016–2023 (KT)
Table 40 Europe: Plastic Straps Market Size, By Country, 2016–2023 (USD Million)
Table 41 Europe: Plastic Straps Market Size, By Country, 2016–2023 (Kilotons)
Table 42 Europe: Plastic Straps Market Size, By Type, 2016–2023 (USD Million)
Table 43 Europe: Plastic Straps Market Size, By Application, 2016–2023 (Kilotons)
Table 44 Europe: Plastic Straps Market Size, By End Use Industry, 2016–2023 (USD Million)
Table 45 Europe: Plastic Straps Market Size, By End Use Industry, 2016–2023 (Kilotons)
Table 46 Germany: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (USD Millions)
Table 47 Germany: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (Kilotons)
Table 48 Italy: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (USD Millions)
Table 49 Italy: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (Kilotons)
Table 50 France: Plastic Straps Market, By End-Use Industry, 2016–2023 (USD Million)
Table 51 France: Plastic Straps Market, By End-Use Industry, 2016–2023 (Kilotons)
Table 52 U.K.: Plastic Straps Market, By End-Use Industry, 2016–2023 (USD Million)
Table 53 U.K.: Plastic Straps Market, By End-Use Industry, 2016–2023 (Kilotons)
Table 54 Spain: Plastic Straps Market, By End-Use Industry, 2016–2023 (USD Million)
Table 55 Spain: Plastic Straps Market, By End-Use Industry, 2016–2023 (Kilotons)
Table 56 Rest of Europe: Plastic Straps Market, By End-Use Industry, 2016–2023 (USD Million)
Table 57 Rest of Europe: Plastic Straps Market, By End-Use Industry, 2016–2023 (Kilotons)
Table 58 APAC: Plastic Straps Market Size, By Country, 2016–2023 (Kiloton)
Table 59 APAC: Plastic Straps Market Size, By Country, 2016–2023 (USD Million)
Table 60 APAC: Plastic Straps Market Size, By Type, 2016–2023 (Kiloton)
Table 61 APAC: Plastic Straps Market Size, By Composition, 2016–2023 (USD Million)
Table 62 APAC: Plastic Straps Market Size, By End Use Industry, 2016–2023 (Kiloton)
Table 63 APAC: Plastic Straps Market Size, By Application, 2016–2023 (USD Million)
Table 64 China: Plastic Straps Market Size, By Application, 2016–2023 (Kiloton)
Table 65 China: Plastic Straps Market Size, By Application, 2016–2023 (USD Million)
Table 66 Japan: Plastic Straps Market Size, By Application, 2016–2023 (Kiloton)
Table 67 Japan: Plastic Straps Market Size, By Application, 2016–2023 (USD Million)
Table 68 India: Plastic Straps Market Size, By Application, 2016–2023 (Kiloton)
Table 69 India: Plastic Straps Market Size, By Application, 2016–2023 (USD Million)
Table 70 South Korea: Plastic Straps Market Size, By Application, 2016–2023 (Kiloton)
Table 71 South Korea: Plastic Straps Market Size, By Application, 2016–2023 (USD Million)
Table 72 Rest of APAC: Plastic Straps Market Size, By Application, 2016–2023 (Kiloton)
Table 73 Rest of APAC: Plastic Straps Market Size, By Application, 2016–2023 (USD Million)
Table 74 Middle East & Africa: Plastic Straps Market Size, By Country, 2016–2023 (USD Million)
Table 75 Middle East and Africa: Plastic Straps Market Size, By Country, 2016–2023 (Kiloton)
Table 76 Middle East and Africa: Plastic Straps Market Size, By Type, 2016–2023 (USD Million)
Table 77 Middle East and Africa: Plastic Straps Market Size, By Type, 2016–2023 (Kiloton)
Table 78 Middle East and Africa: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 79 Middle East and Africa: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 80 Iran: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 81 Iran: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 82 Saudi Arabia: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 83 Saudi Arabia: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 84 South Africa: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 85 South Africa: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 86 Rest of Middle East & Africa: Plastic Straps Market Size, End-Use Industry, 2016–2023 (USD Million)
Table 87 Rest of Middle East & Africa: Plastic Straps Market Size, End-Use Industry, 2016–2023 (USD Million)
Table 88 South America: Plastic Straps Market Size, By Country, 2016–2023 (USD Million)
Table 89 South America: Plastic Straps Market Size, By Country, 2016–2023 (Kiloton)
Table 90 South America: Plastic Straps Market Size, By Type, 2016–2023 (USD Million)
Table 91 South America: Plastic Straps Market Size, By Type, 2016–2023 (Kiloton)
Table 92 South America: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 93 South America: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 94 Brazil: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 95 Brazil: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 96 Argentina: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (USD Million)
Table 97 Argentina: Plastic Straps Market Size, By End-Use Industry, 2016–2023 (Kiloton)
Table 98 Rest of South America: Plastic Straps Market Size, By Application, 2016–2023 (USD Million)
Table 99 Rest of South America: Plastic Straps Market Size, By Application, 2016–2023 (Kiloton)
Table 100 Mergers & Acquisitions , 2014–2018
Table 101 New Product Launch, 2014–2018

List of Figures
Figure 1 Plastic Straps Market Segmentation
Figure 2 Plastic Straps Market, By Region
Figure 3 Plastic Straps Market: Research Design
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Plastic Straps Market: Data Triangulation
Figure 7 Polypropylene to Be the Largest Type
Figure 8 Paper to Be the Largest End-Use Industry
Figure 9 APAC to Be the Fastest-Growing Market During the Forecast Period
Figure 10 Plastic Straps Market to Witness Rapid Growth Between 2018 and 2023
Figure 11 North America to Register the Fastest Growth
Figure 12 Pet Straps Accounted for Largest Share of Plastic Straps Market, Globally
Figure 13 China Accounted for the Largest Share in Plastic Straps Market
Figure 14 Paper Industry Accounted for Largest Share in the Plastic Straps Market, Globally
Figure 15 Overview of the Factors Governing the Plastics Straps Market
Figure 16 Plastics Straps Market: Porter’s Five Forces Analysis
Figure 17 Global Plastic Consumption
Figure 18 Polypropylene Straps to Be the Largest Type of Plastics Straps
Figure 19 Paper Segment to Dominate the Plastic Straps Market Between 2018 and 2023
Figure 20 Geographic Snapshot: Market in South Korea and China to Register A High CAGR (2018–2023)
Figure 21 Europe Market Snapshot: Fiber and Cotton End-Use Industry to Drive the Plastic Strap Market
Figure 22 APAC: Plastic Straps Market Snapshot
Figure 23 Companies Adopted Expansion as the Key Growth Strategy Between 2014 and 2017
Figure 24 Crown Holding Was the Leading Player in the Market in 2016
Figure 25 Crown Holdings: Company Snapshot

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  • Crown Holdings
  • Polychem Corporation
  • Teufelberger
  • Fromm Packaging Systems
  • Messersì Packaging
  • Dubose Strapping
  • PAC Strapping Products
  • Auto Strap India
  • Linder Seevetal
  • Cyklop Nederland
  • Sorsa Strapping Systems
  • Samuel Strapping System
  • North Shore Strapping Company
  • Consent Group
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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