PUBLISHER: BCC Research | PRODUCT CODE: 1041962
PUBLISHER: BCC Research | PRODUCT CODE: 1041962
The global market for plastic straps should grow from $2.5 billion in 2021 to $3.0 billion by 2026, at compound annual growth rate (CAGR) of 3.5% for the period of 2021-2026.
North America market for plastic straps should grow from $504.0 million in 2021 to $576.6 million by 2026, at a CAGR of 2.7% for the period of 2021-2026.
Asia-Pacific market for plastic straps should grow from $1.2 billion in 2021 to $1.5 billion by 2025, at a CAGR of 4.4% for the period of 2021-2026.
Plastic straps refer to the straps used in unitizing, palletizing and packaging applications in end-use industries. Other applications of straps such as watch straps, belts and parachute straps are not considered in the study. The plastic strap market is segmented based on end-use industry, material, and region. The report provides an overview of the global market for plastic straps and analyzes global market trends, with 2020 as the base year, and estimates for 2021 to 2026.
The report also explains the major drivers, restraints and regional dynamics of the plastic strap market and current industry trends. The report concludes with a focus on the vendor landscape and includes profiles of the major vendors in the market.