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Market Research Report
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1091960

Strapping Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Published: | IMARC Services Private Limited | 144 Pages | Delivery time: 2-3 business days

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Strapping Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Published: June 13, 2022
IMARC Services Private Limited
Content info: 144 Pages
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

The global strapping materials market reached a value of US$ 6.16 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.91 Billion by 2027, exhibiting a CAGR of 6.10% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Strapping refers to a way of reinforcing and bundling products like cartons, newspapers, pipes, lumbers and concrete blocks by bands, metal straps or wires for easy handling and shipping. It is also utilized for closing corrugated boxes and shipping containers; holding bales of agricultural products or textiles; attaching items to pallets, skids, and crates; and securing a unit load of bricks, packaged glass, and metal parts. At present, there is a rise in the demand for strapping materials in the food and beverage (F&B) industry for providing a cost-efficient manner of unitizing, packaging, and palletizing food products across the globe.

Strapping Materials Market Trends:

  • The growing utilization of strapping materials in industrial logistics for bundling products together and securing pallet loads during transportation and storage represents one of the key factors driving the market. Moreover, there is an increase in the employment of steel straps in the construction industry as they have high tensile strength, hot temperature resistance, and extreme durability, which is suitable for packaging metal. This, along with the rising applications of plastic strapping in the print industry due to its elongation and recovery aspects, is propelling the growth of the market. In addition, many capital venture companies and investment firms are investing in strap manufacturing to add novel features during the process. This, coupled with technological advancements, such as automatic strapping machines, is offering lucrative growth opportunities to end-users and industry investors. Besides this, the e-commerce industry relies on corrugated cardboard and paper as a retail-ready packaging option to protect goods from damage and vibration. This, along with the increasing reliance on online retail outlets, is positively influencing the market.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global strapping materials market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on material and application.

Breakup by Material:

  • Steel
  • Polypropylene
  • Polyester

Breakup by Application:

  • Industrial Logistics and Warehouse
  • Food and Beverage
  • Corrugated Cardboard and Paper
  • Newspaper and Graphics
  • Building and Construction
  • Metal

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

  • The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Key Questions Answered in This Report:

  • How has the global strapping materials market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global strapping materials market?
  • What are the key regional markets?
  • What is the breakup of the market based on the material?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global strapping materials market and who are the key players?
  • What is the degree of competition in the industry?
Product Code: SR0622A86_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Strapping Materials Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Material

  • 6.1 Steel
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Polypropylene
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Polyester
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Application

  • 7.1 Industrial Logistics and Warehouse
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Food and Beverage
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Corrugated Cardboard and Paper
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Newspaper and Graphics
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Building and Construction
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast
  • 7.6 Metal
    • 7.6.1 Market Trends
    • 7.6.2 Market Forecast

8 Market Breakup by Region

  • 8.1 North America
    • 8.1.1 United States
      • 8.1.1.1 Market Trends
      • 8.1.1.2 Market Forecast
    • 8.1.2 Canada
      • 8.1.2.1 Market Trends
      • 8.1.2.2 Market Forecast
  • 8.2 Asia-Pacific
    • 8.2.1 China
      • 8.2.1.1 Market Trends
      • 8.2.1.2 Market Forecast
    • 8.2.2 Japan
      • 8.2.2.1 Market Trends
      • 8.2.2.2 Market Forecast
    • 8.2.3 India
      • 8.2.3.1 Market Trends
      • 8.2.3.2 Market Forecast
    • 8.2.4 South Korea
      • 8.2.4.1 Market Trends
      • 8.2.4.2 Market Forecast
    • 8.2.5 Australia
      • 8.2.5.1 Market Trends
      • 8.2.5.2 Market Forecast
    • 8.2.6 Indonesia
      • 8.2.6.1 Market Trends
      • 8.2.6.2 Market Forecast
    • 8.2.7 Others
      • 8.2.7.1 Market Trends
      • 8.2.7.2 Market Forecast
  • 8.3 Europe
    • 8.3.1 Germany
      • 8.3.1.1 Market Trends
      • 8.3.1.2 Market Forecast
    • 8.3.2 France
      • 8.3.2.1 Market Trends
      • 8.3.2.2 Market Forecast
    • 8.3.3 United Kingdom
      • 8.3.3.1 Market Trends
      • 8.3.3.2 Market Forecast
    • 8.3.4 Italy
      • 8.3.4.1 Market Trends
      • 8.3.4.2 Market Forecast
    • 8.3.5 Spain
      • 8.3.5.1 Market Trends
      • 8.3.5.2 Market Forecast
    • 8.3.6 Russia
      • 8.3.6.1 Market Trends
      • 8.3.6.2 Market Forecast
    • 8.3.7 Others
      • 8.3.7.1 Market Trends
      • 8.3.7.2 Market Forecast
  • 8.4 Latin America
    • 8.4.1 Brazil
      • 8.4.1.1 Market Trends
      • 8.4.1.2 Market Forecast
    • 8.4.2 Mexico
      • 8.4.2.1 Market Trends
      • 8.4.2.2 Market Forecast
    • 8.4.3 Others
      • 8.4.3.1 Market Trends
      • 8.4.3.2 Market Forecast
  • 8.5 Middle East and Africa
    • 8.5.1 Market Trends
    • 8.5.2 Market Breakup by Country
    • 8.5.3 Market Forecast

9 SWOT Analysis

  • 9.1 Overview
  • 9.2 Strengths
  • 9.3 Weaknesses
  • 9.4 Opportunities
  • 9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

  • 11.1 Overview
  • 11.2 Bargaining Power of Buyers
  • 11.3 Bargaining Power of Suppliers
  • 11.4 Degree of Competition
  • 11.5 Threat of New Entrants
  • 11.6 Threat of Substitutes

12 Price Analysis

13 Competitive Landscape

  • 13.1 Market Structure
  • 13.2 Key Players
  • 13.3 Profiles of Key Players
    • 13.3.1 Crawford Packaging Inc.
      • 13.3.1.1 Company Overview
      • 13.3.1.2 Product Portfolio
    • 13.3.2 Cyklop Gmbh
      • 13.3.2.1 Company Overview
      • 13.3.2.2 Product Portfolio
    • 13.3.3 Dynaric Inc.
      • 13.3.3.1 Company Overview
      • 13.3.3.2 Product Portfolio
    • 13.3.4 Martin Packaging Limited
      • 13.3.4.1 Company Overview
      • 13.3.4.2 Product Portfolio
    • 13.3.5 Mosca GmbH
      • 13.3.5.1 Company Overview
      • 13.3.5.2 Product Portfolio
    • 13.3.6 Plastofine Industries
      • 13.3.6.1 Company Overview
      • 13.3.6.2 Product Portfolio
    • 13.3.7 Polychem Corporation
      • 13.3.7.1 Company Overview
      • 13.3.7.2 Product Portfolio
    • 13.3.8 Signode Industrial Group LLC (Crown Holdings Inc.)
      • 13.3.8.1 Company Overview
      • 13.3.8.2 Product Portfolio
    • 13.3.9 Strapack Corporation
      • 13.3.9.1 Company Overview
      • 13.3.9.2 Product Portfolio
    • 13.3.10 Tesa Tapes (India) Private Ltd.
      • 13.3.10.1 Company Overview
      • 13.3.10.2 Product Portfolio
    • 13.3.11 TITAN Umreifungstechnik GmbH & Co. KG
      • 13.3.11.1 Company Overview
      • 13.3.11.2 Product Portfolio
    • 13.3.12 Unipack Trading Inc.
      • 13.3.12.1 Company Overview
      • 13.3.12.2 Product Portfolio

List of Figures

  • Figure 1: Global: Strapping Materials Market: Major Drivers and Challenges
  • Figure 2: Global: Strapping Materials Market: Sales Value (in Billion US$), 2016-2021
  • Figure 3: Global: Strapping Materials Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 4: Global: Strapping Materials Market: Breakup by Material (in %), 2021
  • Figure 5: Global: Strapping Materials Market: Breakup by Application (in %), 2021
  • Figure 6: Global: Strapping Materials Market: Breakup by Region (in %), 2021
  • Figure 7: Global: Strapping Materials (Steel) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 8: Global: Strapping Materials (Steel) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 9: Global: Strapping Materials (Polypropylene) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 10: Global: Strapping Materials (Polypropylene) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 11: Global: Strapping Materials (Polyester) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 12: Global: Strapping Materials (Polyester) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 13: Global: Strapping Materials (Industrial Logistics and Warehouse) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 14: Global: Strapping Materials (Industrial Logistics and Warehouse) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 15: Global: Strapping Materials (Food and Beverage) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 16: Global: Strapping Materials (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 17: Global: Strapping Materials (Corrugated Cardboard and Paper) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 18: Global: Strapping Materials (Corrugated Cardboard and Paper) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 19: Global: Strapping Materials (Newspaper and Graphics) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 20: Global: Strapping Materials (Newspaper and Graphics) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 21: Global: Strapping Materials (Building and Construction) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 22: Global: Strapping Materials (Building and Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 23: Global: Strapping Materials (Metal) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 24: Global: Strapping Materials (Metal) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 25: North America: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 26: North America: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 27: United States: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 28: United States: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 29: Canada: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 30: Canada: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 31: Asia-Pacific: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 32: Asia-Pacific: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 33: China: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 34: China: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 35: Japan: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 36: Japan: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 37: India: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 38: India: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 39: South Korea: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 40: South Korea: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 41: Australia: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 42: Australia: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 43: Indonesia: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 44: Indonesia: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 45: Others: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 46: Others: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 47: Europe: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 48: Europe: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 49: Germany: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 50: Germany: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 51: France: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 52: France: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 53: United Kingdom: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 54: United Kingdom: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 55: Italy: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 56: Italy: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 57: Spain: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 58: Spain: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 59: Russia: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 60: Russia: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 61: Others: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 62: Others: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 63: Latin America: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 64: Latin America: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 65: Brazil: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 66: Brazil: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 67: Mexico: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 68: Mexico: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 69: Others: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 70: Others: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 71: Middle East and Africa: Strapping Materials Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 72: Middle East and Africa: Strapping Materials Market: Breakup by Country (in %), 2021
  • Figure 73: Middle East and Africa: Strapping Materials Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 74: Global: Strapping Materials Industry: SWOT Analysis
  • Figure 75: Global: Strapping Materials Industry: Value Chain Analysis
  • Figure 76: Global: Strapping Materials Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Strapping Materials Market: Key Industry Highlights, 2021 and 2027
  • Table 2: Global: Strapping Materials Market Forecast: Breakup by Material (in Million US$), 2022-2027
  • Table 3: Global: Strapping Materials Market Forecast: Breakup by Application (in Million US$), 2022-2027
  • Table 4: Global: Strapping Materials Market Forecast: Breakup by Region (in Million US$), 2022-2027
  • Table 5: Global: Strapping Materials Market: Competitive Structure
  • Table 6: Global: Strapping Materials Market: Key Players