South America Plastic Straps Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type ; End Use, and Country

Description

List of Tables

The South America plastic Straps market was valued at US$ 189.89 million in 2019 and is projected to reach US$ 565.70 million by 2027; it is expected to grow at a CAGR of 14.8% during the forecast period 2018-2027.

A plastic strap is a flexible flat material which helps to combine, hold, reinforce, or fasten an item. Plastic strapping used for packaging is a generic term used to describe all non-metallic straps and includes extruded polypropylene & polyester straps together with corded or woven polyester straps. The growth of plastic straps market is driven by the increasing use of plastic straps in the paper, steel, and bricks & tiles industries. Plastic strapping materials are produced from polypropylene, polyester, and are available in a wide variety of styles, strengths, and finishes. Strapping can be applied either automatically with a strapping machine or manually with a hand tool. Strapping is widely used across many industries, including shipping large industrial equipment to e-commerce fulfillment centers. Different products of strapping material are available with specific classifications and grades.

Based on type, the plastic straps market is segmented into polyester straps, polypropylene straps, nylon straps, paper straps, composite straps, and corded and woven straps. In 2019, the polypropylene straps segment dominated the South America plastic Straps market. Based on end use, the South America plastic straps market is bifurcated into fiber, steel, cotton, paper, bricks and tiles, and others. In 2019, the paper segment accounted for the largest share in the South America plastic straps market.

Geographically, the South America plastic Straps market is segmented into the Brazil, Argentina, and Rest of SAM. Brazil accounted for the largest share of the South America plastic straps market. Brazil is the largest country in SAM and has become the leading country in the region that is witnessing good growth in the plastic straps market due to the rise in the chemical, heavy metal, electronics, packaging, and consumer goods industry. In SAM, Brazil is one of the leading countries in terms of technological advancement. The rise in demand for electronics and an increase in population is estimated to boost the transport of goods and drives the plastic straps market. The packaging industry is largely contributing to this market.

Auto Strap India, Cyklop International, FROMM Group, Crown Holdings, Inc., Polychem Corporation, and Teufelberger Stralsund GmbH are among the major players present in the South America Plastic Straps market.

Overall size of the South America plastic Straps market has been derived in accordance to primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the plastic Straps market.

Impact of COVID-19 Pandemic on Plastic Straps Market

Brazil has the highest number of COVID-19 cases, followed by Ecuador, Chile, Peru, and Argentina, among others. The government of South America has taken an array of actions to protect their citizens and contain COVID-19's spread. It is anticipated that South America will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to China, Europe, and the United States, which are important trade partners. Containment measures in several countries of South America will reduce economic activity in the manufacturing and service sectors for at least the next quarter, with a rebound once the epidemic is contained.

Reasons to Buy:

Highlights key business priorities in order to assist companies to realign their business strategies.

The key findings and recommendations highlight crucial progressive industry trends in the South America plastic straps market, thereby allowing players to develop effective long term strategies.

Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Product Code: TIPRE00016360

1. Introduction

1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
- 1.3.1 Asia Pacific Nutrition Lipid Market - By Type
- 1.3.2 Asia Pacific Nutrition Lipid Market - By End Use
- 1.3.3 Asia Pacific Nutrition Lipid Market - By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Plastic Straps Market Landscape

4.1 Market Overview
- 4.1.1 Asia Pacific PEST Analysis

5. Asia Pacific Plastic Straps Market - Key Industry Dynamics

5.1 Key Market Drivers
- 5.1.1 Rising preference for lightweight and low-cost strapping materials
- 5.1.2 Growing demand in Key Markets Such As Brazil and Argentina
5.2 Restraint
- 5.2.1 Environmental Pollution and Waste Management
5.3 Opportunity
- 5.3.1 Surging Construction Industry in Developing Countries
5.4 Future Trend
- 5.4.1 Development of Bio- Based Plastics
5.5 Impact Analysis of Drivers and Restraints

6. Plastic Straps - South America Market Analysis

6.1 South America Plastic Straps Market Overview
6.2 South America Plastic Straps Market Forecast and Analysis

7. Plastic Straps Market Analysis - By Product Type

7.1 Overview
7.2 Plastic Straps Market, By Type (2019 and 2027)
7.3 Polyester Straps
- 7.3.1 Overview
- 7.3.2 Polyester Straps: Plastic Straps Market - Revenue and Forecast to 2027 (US$ Mn)
7.4 Polypropylene Straps
- 7.4.1 Overview
- 7.4.2 Polypropylene Straps: Plastic Straps Market - Revenue and Forecast to 2027 (US$ Mn)
7.5 Nylon Straps
- 7.5.1 Overview
- 7.5.2 Nylon Straps: Plastic Straps Market - Revenue and Forecast to 2027 (US$ Mn)
7.6 Paper Straps
- 7.6.1 Overview
- 7.6.2 Paper Straps: Plastic Straps Market - Revenue and Forecast to 2027 (US$ Mn)
7.7 Composite Straps
- 7.7.1 Overview
- 7.7.2 Composite Straps: Plastic Straps Market - Revenue and Forecast to 2027 (US$ Mn)
7.8 Corded and Woven Straps
- 7.8.1 Overview
- 7.8.2 Corded and Woven Straps: Plastic Straps Market - Revenue and Forecast to 2027 (US$ Mn)

8. Plastic Straps Market Analysis - By End Use

8.1 Overview
8.2 Plastic Straps Market, By End Use (2019 and 2027)
8.3 Fiber
- 8.3.1 Overview
- 8.3.2 Fiber: Plastic Straps Market - Revenue and Forecast to 2027 (US$ Mn)
8.4 Steel
- 8.4.1 Overview
- 8.4.2 Steel: Plastic Straps Market - Revenue and Forecast to 2027 (US$ Mn)
8.5 Cotton
- 8.5.1 Cotton: Plastic Straps Market - Revenue and Forecast to 2027 (US$ Mn)
8.6 Paper
- 8.6.1 Paper: Plastic Straps Market - Revenue and Forecast to 2027 (US$ Mn)
8.7 Bricks and Tiles
- 8.7.1 Overview
- 8.7.2 Bricks and Tiles: Plastic Straps Market - Revenue and Forecast to 2027 (US$ Mn)
8.8 Others
- 8.8.1 Overview
- 8.8.2 Others: Plastic Straps Market - Revenue and Forecast to 2027 (US$ Mn)

9. Plastic Straps Market - Country Analysis

9.1 Overview
- 9.1.1 Asia Pacific Plastic Straps Market Breakdown, by Key Countries
  - 9.1.1.1 Brazil: Plastic Straps Market -Revenue and Forecast to 2027 (US$ Mn)
    - 9.1.1.1.1 Brazil: Plastic Straps Market, by Type
    - 9.1.1.1.2 Brazil: Plastic Straps Market, by End-Use
  - 9.1.1.2 Argentina: Plastic Straps Market -Revenue and Forecast to 2027 (US$ Mn)
    - 9.1.1.2.1 Argentina: Plastic Straps Market, by Type
    - 9.1.1.2.2 Argentina: Plastic Straps Market, by End-Use
  - 9.1.1.3 Rest of South America: Plastic Straps Market -Revenue and Forecast to 2027 (US$ Mn)
    - 9.1.1.3.1 Rest of South America: Plastic Straps Market, by Type
    - 9.1.1.3.2 Rest of South America: Plastic Straps Market, by End-Use

10. South America: Impact Assessment of COVID-19 Pandemic

11. Company Profiles

11.1 Cyklop International
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
11.2 FROMM Group
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 Crown Holdings, Inc.
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
11.4 Polychem Corporation
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
11.5 Teufelberger Stralsund GmbH
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments

12. Appendix

12.1 About the Insight Partners
12.2 Glossary