Product Code: RP-ID-10079098 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: Chemicals |
Report ID: 10079098
Market Overview:
Plastic Strap Industry By End-use (Fiber, Bricks & Tiles, Cotton, Paper, Steel), and By Type (Nylon Straps, Polypropylene Straps, Polyester Straps) – Global Market Opportunity and Current Growth Analysis 2019-2025
Global Plastic Strap Industry was valued at USD 1.64 Billion in the year 2018. Global Plastic Strap Industry is further estimated to grow at a CAGR of 19.4% from 2019 to reach USD 5.65 Billion by the year 2025. Asia-Pacific region holds the highest Industry share in 2017 and also considered as fastest growing Industry in the forecasted period. At a country level, developed markets like China holds the notable Industry share in 2018 and it is projected to grow at a gradual rate in the coming years.
Segmentation is done on the basis of Type includes Nylon Straps, Polypropylene Straps and Polyester Straps of which the Polypropylene Straps segment is expected to hold the highest Industry share during the forecast period. On the other hand, segmentation done on the basis of End-use include Fiber, Bricks & Tiles, Cotton, Paper and Steel, of which Fiber segment is expected to grow at the XX% CAGR during the forecast period.
Major market players in Plastic Strap Industry are Polychem Corporation, Mosca Direct Limited, Crown Holdings, Messersì Packaging S.r.l., Teufelberger, Dubose Strapping, Inc., PAC Strapping Products, Inc., Fromm Packaging Systems, Inc., Linder Seevetal, Scientex, Auto Strap India, and 9 more companies brief information is provided in the report.
SWOT analysis of Plastic Strap
Strength:
Rising demand in fiber product Industry
Weakness:
Strict environmental regulations
Opportunities:
Advancement in Bio-Based Plastics
Threats:
Raw Material prices are fluctuating
Plastic Strap Industry Segmentation
Plastic Strap Industry Overview, By Type
• Nylon Straps
• Polypropylene Straps
• Polyester Straps
• Others
Plastic Strap Industry Overview, By End-use
• Fiber
• Bricks & Tiles
• Cotton
• Paper
• Steel
• Others
Plastic Strap Industry Overview, By Region
North America
• USA
• Canada
Europe
• Germany
• U.K.
• France
• Italy
• Rest of Europe
APAC
• China
• India
• Japan
• Rest of Asia-Pacific
RoW
• Latin America
• Middle East & Africa
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