Plastic straps market to surpass USD 3,099 million by 2027, attaining a CAGR of 4.7%

2022-07-11 03:20:52 UTC | Manufacturing & Construction
Plastic straps market to surpass USD 3,099 million by 2027, attaining a CAGR of 4.7%
Plastic strap is an economical material designed for light to medium duty unitizing, palletizing and bundling. It is available in various widths, thicknesses, and polymer variations. According to latest analysis by Gen Consulting Company, the global plastic straps market was USD 2,247 million in 2020 and is expected to reach USD 3,099 million in 2027 and register a CAGR of 4.7% during the forecast period, 2021-2027.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global plastic straps market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the plastic straps industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, end use, and region. The global market for plastic straps can be segmented by product: polyester straps, polypropylene straps, nylon straps, composite straps, others. Plastic straps market is further segmented by end use: steel, cotton & hay, paper, bricks, tiles, lumber, others. Based on region, the plastic straps market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By product:
- polyester straps
- polypropylene straps
- nylon straps
- composite straps
- others

By end use:
- steel
- cotton & hay
- paper
- bricks
- tiles
- lumber
- others

By region:
- Asia Pacific
- Europe
- North America
- Rest of the World (RoW)

The report has also analysed the competitive landscape of the global plastic straps market with some of the key players being Crown Holdings, Inc., Cyklop International, DuBose Strapping, Inc., GreenBridge (Polychem Corporation), LINDER GmbH, Maillis Strapping Systems Inc., Messersi Packaging S.r.l., MOSCA GmbH, Narrowtex (Pty) Ltd, PAC Strapping Products, Inc., Teufelberger Holding AG, The FROMM Group, among others.

Historical & Forecast Period
This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

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Scope of the Report
- To analyze and forecast the market size of the global plastic straps market.
- To classify and forecast the global plastic straps market based on product, end use, region.
- To identify drivers and challenges for the global plastic straps market.
- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global plastic straps market.
- To identify and analyze the profile of leading players operating in the global plastic straps market.

Why Choose This Report
- Gain a reliable outlook of the global plastic straps market forecasts from 2021 to 2027 across scenarios.
- Identify growth segments for investment.
- Stay ahead of competitors through company profiles and market data.
- The market estimate for ease of analysis across scenarios in Excel format.
- Strategy consulting and research support for three months.
- Print authentication provided for the single-user license.