Market Size and Growth Forecast
The global polyester plastic strapping market is estimated at USD 1.8 billion to USD 2 billion in 2025, with a CAGR of 4.0% to 5.5% from 2025 to 2030, reaching USD 2.3 billion to USD 2.7 billion by 2030.Regional Analysis
Asia Pacific holds 40-45%, growing at 5.0-6.5%. China and India lead with manufacturing and export growth, trending toward automation. North America has 25-30%, growing at 3.5-4.5%, with the U.S. focusing on logistics efficiency. Europe accounts for 20-25%, growing at 3.0-4.0%, with Germany emphasizing sustainability. The Rest of the World holds 10-15%, growing at 4.0-5.0%, with Brazil targeting industrial use.Application Analysis
Paper represents 30-35%, growing at 3.5-4.5%, with trends in recycling. Wood accounts for 25-30%, growing at 4.0-5.0%, focusing on durability. Metal holds 20-25%, growing at 4.5-5.5%, with heavy-duty trends. Textile and others grow variably.Product Type Analysis
Hand grade strapping holds 55-60%, growing at 3.5-4.5%, used manually, trending toward ergonomics. Machine grade strapping accounts for 40-45%, growing at 4.5-6.0%, with automation trends.Key Market Players
- FROMM Group: Supplies strapping solutions.
- Signode: Offers packaging systems.
- Mosca: Specializes in strapping machines.
- Cordstrap: Focuses on cargo security.
- STEK: Targets industrial strapping.
- Polivektris: Supplies regional markets.
- Strapack: Innovates in strapping tech.
- Maillis: Provides global solutions.
- Yongsun: Focuses on Asia.
- Cyklop: Offers strapping equipment.
- Hiroyuki Industries: Supplies durable strapping.
- EMBALCER: Targets Europe.
- Samuel Strapping: Focuses on heavy-duty use.
- Baole: Supplies cost-effective options.
- Yuandong: Serves industrial needs.
- Teufelberger: Innovates in strapping.
Porter’s Five Forces Analysis
- Threat of New Entrants: Low. High capital limits entry.
- Threat of Substitutes: Medium. Steel strapping competes.
- Bargaining Power of Buyers: High. Industries demand low costs.
- Bargaining Power of Suppliers: Medium. Resin suppliers hold leverage.
- Competitive Rivalry: High. Players compete on price and tech.
Market Opportunities and Challenges
Opportunities
- E-commerce: Boosts packaging demand.
- Sustainability: Recyclable strapping grows.
Challenges
- Raw material costs: Volatility impacts pricing.
- Competition: Steel alternatives challenge share.
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Table of Contents
Companies Mentioned
- FROMM Group
- Signode
- Mosca
- Cordstrap
- STEK
- Polivektris
- Strapack
- Maillis
- Yongsun
- Cyklop
- Hiroyuki Industries
- EMBALCER
- Samuel Strapping
- Baole
- Yuandong
- Teufelberger

