The global strapping materials market size reached USD 7.4 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 11.6 Billion by 2033, exhibiting a growth rate (CAGR) of 4.86% during 2025-2033. The rising focus on using cost-efficient processes of unitizing, packaging, and palletizing food products is primarily driving the market.
Strapping Materials Market Analysis:
Major Market Drivers: The widespread adoption of paper and corrugated cardboard as a packaging solution to protect goods from damage and vibration while handling and shipping is bolstering the market. Moreover, the increasing air cargo transportation is also acting as another significant growth-inducing factor.
Key Market Trends: The growing penetration of online retail outlets is one of the emerging trends stimulating the market. In addition to this, the expanding applications of these materials in the e-commerce industry are further creating a positive outlook for the market.
Competitive Landscape: Some of the prominent companies in the global market include Crawford Packaging Inc., Cyklop Gmbh, Dynaric Inc., Martin Packaging Limited, Mosca GmbH, Plastofine Industries, Polychem Corporation, Signode Industrial Group LLC (Crown Holdings Inc.), Strapack Corporation, Tesa Tapes (India) Private Ltd., TITAN Umreifungstechnik GmbH & Co. KG, and Unipack Trading Inc., among many others.
Geographical Trends: Asia-Pacific exhibits a clear dominance in the market, owing to the elevating number of warehouses, coupled with the rising building and construction activities. Apart from this, stringent government regulations on food safety and hygiene are also strengthening the regional market.
Challenges and Opportunities: The high costs of raw materials can hinder overall market growth. However, the widespread investments by key players in developing sustainable alternatives and enhancing production processes will continue to drive the market in the coming years.
Strapping Materials Market Trends:
Demand for Eco-Friendly Materials
The growing consumer environmental consciousness is escalating the demand for sustainable solutions, which is propelling the market. As a result, prominent players are keen on adopting compostable and biodegradable strapping. For instance, in May 2024, Antalis, one of the paper, packaging, and visual communication product suppliers, added Ultima GC1, a blue-white premium paperboard, to its product portfolio. Moreover, Ultima GC1 is manufactured with solid bleached sulfate pulp, offering benefits, including high stiffness and a smooth top surface that is suitable for finishing and printing. Besides this, it is a reliable paperboard that can improve a product's presentation while helping toward sustainable development goals. Additionally, the growing adoption of recycled materials to reduce the usage of fossil fuels is also stimulating the global market. For example, in January 2023, Mosca released its first sustainability report revealing its Nonstop Responsibility 2027 environmental strategy. In line with this, the company emphasizes on strapping machines for end-of-line packaging. Part of its goal includes going beyond working with bioPP and other alternative materials. Furthermore, in March 2023, Mosca Group displayed an end-of-line packaging system, a high-performance strapping machine designed for industry 4.0 applications, at the trade show Interpack in Düsseldorf, Germany. As per the Council of Foreign Relations, global energy-related CO2 emissions grew by 0.9% or 321 metric tons in 2022, reaching a high of over 36.8 gigatons. Consequently, through international agreements like the Paris Climate Agreement and the Kyoto Protocol, regulatory authorities are pledging to achieve carbon neutrality. This, in turn, is positively influencing the strapping materials market outlook. For example, in April 2024, Mosca showcased its Sonix M-RI machine at the Packaging trade show Empact in Gorinchem, the Netherlands. It is specially designed for long products that can be strapped in numerous positions and is environmentally friendly. Apart from this, the elevating popularity of circular economy practices is catalyzing the market. In April 2023, Mondi collaborated with Swiss converter ATS-Tanner to introduce a paper band to hold products or bundles, thereby minimizing unnecessary plastic usage. Moreover, in March 2024, Seaman Paper, one of the global manufacturers of environmentally sustainable specialty packaging and paper solutions, launched SeaStretch, a patented lightweight paper-based strapping materials alternative to single-use plastic stretch film used to wrap and contain storage and shipping loads. These innovations will continue to fuel the strapping materials market demand over the foreseeable future.
Need for Flexible Packaging
The expanding e-commerce industry is increasing the demand for reliable strapping solutions to ensure secure and safe packaging during transportation. For example, in September 2023, Mondi partnered with pallet-wrapping machinery manufacturer Robopac to develop a paper-based wrapping solution for use in pallet storage and transportation. Additionally, the solution involves leveraging Mondi's Advantage Stretch Wrap, a kraft paper created with responsibly sourced and renewable materials that are resistant to punctures and can absorb high amounts of tension. Besides this, there is an escalating requirement for customizable systems to cater to diverse packaging requirements in the logistics and e-commerce industries, which is elevating the strapping materials market revenue. For instance, in October 2023, PAC Machinery, one of the packaging equipment manufacturers based in San Rafael, California, launched the PAC FW 650SI Servo Box Motion Inverted Flow Wrapper that has a 13.75-inch-wide end seal jaw to accommodate products up to 12 inches wide or 8 inches high. Moreover, it is ideal for delicate products packaged with a continuous motion. In addition to this, brands, including Gabriel, produce pet straps from 9mm to 32mm in width and thickness ranging from 0.70mm to 1.30mm. The company also offers customized bulk packaging solutions to various sectors, such as paper, waste cloth, cotton bales, fiber, packaging, etc.
Advancements in Automated Machines
Key players are focusing on integrating novel technologies in strapping machines for minimized labor costs and increased efficiency. For instance, in April 2024, Ranpak Holdings Corp., one of the global providers of environmentally friendly and sustainable paper-based packaging solutions for e-commerce and industrial supply chains, announced the introduction of a compact powered converter that delivers an optimal mix of simplicity and productivity. Moreover, it can assist shippers in conserving space and maximizing throughput across the warehouse. This, in turn, is one of the strapping materials market's recent opportunities. Furthermore, the introduction of end-of-line transit packaging solutions is also acting as another significant growth-inducing factor. For example, in April 2024, Signode developed the Endra Horizontal Strapping System that has specifically emerged as an effective solution for packaging temperature-sensitive products and adjusting workflows. Apart from this, the incorporation of smart technologies in strapping machines for maintenance alerts, real-time monitoring, improved operational efficiency, etc., is gaining extensive traction. In March 2024, EAM-Mosca showcased the latest additions to its growing portfolio of automated end-of-line strapping and wrapping machines at the MODEX exhibition. Additionally, in April 2024, Sapphire Curtains & Cargo Control, a key subsidiary of Don-Bur, announced the introduction of its innovative automated curtain strapping machine that enables the welding of wear bands and webbing straps to curtain PVC material with unmatched efficiency and quality.
Global Strapping Materials Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with the strapping materials market forecast at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on the material and application.
Breakup by Material:
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