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

  • Product Code:
    RP-ID-10079098
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    110
  • Category:
    Chemicals
  • Publisher:
    Pub-ID-27

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Translate Report

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


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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