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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

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

“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:

1. 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.

2. 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.

3. 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.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • REGIONAL SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • UNIT CONSIDERED
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
    • DATA TRIANGULATION
    • ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE PLASTIC STRAPS MARKET
    • PLASTIC STRAPS MARKET, BY REGION
    • GLOBAL PLASTIC STRAPS MARKET
    • PLASTIC STRAPS MARKET SHARE, BY COUNTRY, 2016
    • PLASTIC STRAPS MARKET, BY END-USE INDUSTRY
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • PORTER'S FIVE FORCES ANALYSIS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • INTENSITY OF COMPETITIVE RIVALRY
    • MACROECONOMIC OVERVIEW AND KEY DRIVERS
      • INTRODUCTION
      • TRENDS AND FORECAST OF GDP
        • Table TRENDS AND FORECAST OF GDP GROWTH % (2017-2022)
      • PER CAPITA PLASTIC CONSUMPTION TREND, 2016
  • PLASTICS STRAPS MARKET, BY TYPE
    • INTRODUCTION
      • Table PLASTICS STRAPS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table PLASTICS STRAPS MARKET SIZE, BY TYPE, 2016-2023 (KILOTON)
    • POLYESTER
      • Table POLYESTER PLASTIC STRAPS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • Table POLYESTER PLASTIC STRAPS MARKET SIZE, BY REGION, 2016-2023 (KILOTON)
    • POLYPROPYLENE
      • Table POLYPROPYLENE PLASTIC STRAPS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • Table POLYPROPYLENE PLASTIC STRAPS MARKET SIZE, BY REGION, 2016-2023 (KILOTON)
    • NYLON
      • Table NYLON PLASTIC STRAPS MARKET SIZE, BY REGION, 2016-2023, (USD MILLION)
      • Table NYLON PLASTICS STRAPS MARKET SIZE, BY REGION, 2016-2023 (KILOTON)
    • OTHERS
      • Table OTHER PLASTICS STRAPS MARKET SIZE, BY REGION, 2016-2023, (USD MILLION)
      • Table OTHER PLASTICS STRAPS MARKET, BY REGION, 2016-2023 (KILOTON)
  • PLASTIC STRAPS MARKET, BY END-USE INDUSTRY
    • INTRODUCTION
      • Table PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USDMILLION)
      • Table PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2028 (KT)
    • STEEL
      • Table PLASTIC STRAPS MRKET SIZE IN STEEL INDUSTRY, BY REGION, 2016-2023 (USD MILLION)
      • Table PLASTIC STRAPS MARKET SIZE IN STEEL INDUSTRY, BY REGION, 2016-2023(KT)
    • COTTON
      • Table PLASTIC STRAPS MARKET SIZE IN COTTON INDUSTRY , BY REGION, 2016-2023 (USD MILLION)
      • Table PLASTIC STRAPS MARKET SIZE IN COTTON INDUSTRY, BY REGION, 2016-2023 (KT)
    • PAPER
      • Table PLASTIC STRAPS MARKET SIZE IN PAPER INDUSTRY, BY REGION, 2016-2023 (USD MILLION)
      • Table PLASTIC STRAPS MARKET SIZE IN PAPER INDUSTRY, BY REGION, 2016-2023 (KT)
    • FIBER
      • Table PLASTIC STRAPS MARKET SIZE IN FIBER INDUSTRY , BY REGION, 2016-2023 (USD MILLION)
      • Table PLASTIC STRAPS MARKET SIZE IN FIBER INDUSTRY, BY REGION, 2016-2023 (KT)
    • BRICKS& TILES
      • Table PLASTIC STRAPS MARKET SIZE IN BRICKS & TILES INDUSTRIES, BY REGION, 2016-2023 (USD MILLION)
      • Table PLASTIC STRAPS MARKET SIZE IN BRICKS & TILE S INDUSTRIES, BY REGION, 2016-2023 (KT)
    • OTHERS
      • Table PLASTIC STRAPS MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2016-2023 (USD MILLION)
      • Table PLASTIC STRAPS MARKET SIZE IN OTHER INDUSTRIES, BY REGION, 2016-2023 (KT)
  • PLASTIC STRAPS MARKET, BY REGION
    • INTRODUCTION
      • Table PLASTIC STRAPS MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
      • Table PLASTIC STRAPS MARKET SIZE, BY REGION, 2016-2023 (KT)
    • NORTH AMERICA
      • Table NORTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY COUNTRY, 2016-2023(USD MILLION)
      • Table NORTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY COUNTRY, 2016-2023 (KT)
      • Table NORTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY END USE INDUSTRY, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY END USE INDUSTRY, 2016-2023 (KT)
      • Table NORTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY TYPE, 2016-2023 (KT)
      • US.
        • Table US: PLASTIC STRAPS MARKET SIZE, BY APPLICATION INDUSTRY, 2016-2023 (USD MILLION)
        • Table US: PLASTIC STRAPS MARKET SIZE, BY APPLICATION INDUSTRY, 2016-2023 (KT)
      • CANADA
        • Table CANADA: PLASTIC STRAPS MARKET SIZE, BY EDN-USE, 2016-2023(USD MILLION)
        • Table CANADA: PLASTIC STRAPS MARKET SIZE, BY EDN-USE, 2016-2023(KT)
      • MEXICO
        • Table MEXICO: PLASTIC STRAPS MARKET SIZE, BY END-USE, 2016-2023 (USD MILLION)
        • Table MEXICO: PLASTIC STRAPS MARKET SIZE, BY END-USE, 2016-2023 (KT)
    • EUROPE
      • Table EUROPE: PLASTIC STRAPS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table EUROPE: PLASTIC STRAPS MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTONS)
      • Table EUROPE: PLASTIC STRAPS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table EUROPE: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (KILOTONS)
      • Table EUROPE: PLASTIC STRAPS MARKET SIZE, BY END USE INDUSTRY, 2016-2023 (USD MILLION)
      • Table EUROPE: PLASTIC STRAPS MARKET SIZE, BY END USE INDUSTRY, 2016-2023 (KILOTONS)
      • GERMANY
        • Table GERMANY: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLIONS)
        • Table GERMANY: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTONS)
      • ITALY
        • Table ITALY: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLIONS)
        • Table ITALY: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTONS)
      • FRANCE
        • Table FRANCE: PLASTIC STRAPS MARKET, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
        • Table FRANCE: PLASTIC STRAPS MARKET, BY END-USE INDUSTRY, 2016-2023 (KILOTONS)
      • U.K.
        • Table U.K.: PLASTIC STRAPS MARKET, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
        • Table U.K.: PLASTIC STRAPS MARKET, BY END-USE INDUSTRY, 2016-2023 (KILOTONS)
      • SPAIN
        • Table SPAIN: PLASTIC STRAPS MARKET, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
        • Table SPAIN: PLASTIC STRAPS MARKET, BY END-USE INDUSTRY, 2016-2023 (KILOTONS)
      • REST OF EUROPE
        • Table REST OF EUROPE: PLASTIC STRAPS MARKET, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
        • Table REST OF EUROPE: PLASTIC STRAPS MARKET, BY END-USE INDUSTRY, 2016-2023 (KILOTONS)
    • APAC
      • Table APAC: PLASTIC STRAPS MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON)
      • Table APAC: PLASTIC STRAPS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table APAC: PLASTIC STRAPS MARKET SIZE, BY TYPE, 2016-2023 (KILOTON)
      • Table APAC: PLASTIC STRAPS MARKET SIZE, BY COMPOSITION, 2016-2023 (USD MILLION)
      • Table APAC: PLASTIC STRAPS MARKET SIZE, BY END USE INDUSTRY, 2016-2023 (KILOTON)
      • Table APAC: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • CHINA
        • Table CHINA: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (KILOTON)
        • Table CHINA: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • JAPAN
        • Table JAPAN: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (KILOTON)
        • Table JAPAN: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • INDIA
        • Table INDIA: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (KILOTON)
        • Table INDIA: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (KILOTON)
        • Table SOUTH KOREA: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
      • REST OF APAC
        • Table REST OF APAC: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (KILOTON)
        • Table REST OF APAC: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • Table MIDDLE EAST & AFRICA: PLASTIC STRAPS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: PLASTIC STRAPS MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON)
      • Table MIDDLE EAST AND AFRICA: PLASTIC STRAPS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: PLASTIC STRAPS MARKET SIZE, BY TYPE, 2016-2023 (KILOTON)
      • Table MIDDLE EAST AND AFRICA: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
      • IRAN
        • Table IRAN: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
        • Table IRAN: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
      • SAUDI ARABIA
        • Table SAUDI ARABIA: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
        • Table SAUDI ARABIA: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
      • SOUTH AFRICA
        • Table SOUTH AFRICA: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
        • Table SOUTH AFRICA: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
      • REST OF MIDDLE EAST & AFRICA
        • Table REST OF MIDDLE EAST & AFRICA: PLASTIC STRAPS MARKET SIZE, END-USE INDUSTRY, 2016-2023 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY COUNTRY, 2016-2023 (KILOTON)
      • Table SOUTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY TYPE, 2016-2023 (KILOTON)
      • Table SOUTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
      • Table SOUTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
      • BRAZIL
        • Table BRAZIL: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
        • Table BRAZIL: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
      • ARGENTINA
        • Table ARGENTINA: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (USD MILLION)
        • Table ARGENTINA: PLASTIC STRAPS MARKET SIZE, BY END-USE INDUSTRY, 2016-2023 (KILOTON)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table REST OF SOUTH AMERICA: PLASTIC STRAPS MARKET SIZE, BY APPLICATION, 2016-2023 (KILOTON)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • MARKET RANKING
    • COMPETITIVE SCENARIO
      • MERGERS & ACQUISITIONS
        • Table MERGERS & ACQUISITIONS , 2014-2018
      • NEW PRODUCT LAUNCH
        • Table NEW PRODUCT LAUNCH, 2014-2018
  • COMPANY PROFILES
    • CROWN HOLDINGS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • POLYCHEM CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • TEUFELBERGER
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • FROMM PACKAGING SYSTEMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • MESSERSÌ PACKAGING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • DUBOSE STRAPPING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • PAC STRAPPING PRODUCTS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • AUTO STRAP INDIA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • LINDER SEEVETAL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • OTHER COMPANIES
      • CYKLOP NEDERLAND
      • SORSA STRAPPING SYSTEMS
      • SAMUEL STRAPPING SYSTEM
      • NORTH SHORE STRAPPING COMPANY
      • CONSENT GROUP
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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