Global Plastic Strapping Market Growth 2025-2031
The global Plastic Strapping market size is predicted to grow from US$ 2142 million in 2025 to US$ 2690 million in 2031; it is expected to grow at a CAGR of 3.9% from 2025 to 2031.
Plastic strapping is a high tensile strength banding material that is used in a wide variety of packaging applications including carton closing, bundling, plastic tote security, and tying together (unitizing) both palletized and unpalletized materials for in-plant transfer and shipment. Plastic strapping is economical, offers a unique combination of high strength with elasticity, is material-efficient and recyclable. Plastic straps are moisture-resistant and are effective across a wide temperature range. Plastic strapping can be used for outdoor storage for limited periods with UV stable grades available where extended environmental stability is needed.
Global Plastic Strapping key players include Signode, GREENBRIDGE, Teufelberger,FROMM Group and Samuel Strapping. Global top five manufacturers hold a share over 30%.
Asia-Pacific is the largest market, with a share about 52%, followed by Europe and North America, both have a share about 20 percent.
In terms of product, PET Strapping is the largest segment, with a share nearly 55%. And in terms of application, the largest application is Construction Materials, followed by Wood and Paper.
LP Information, Inc. (LPI) ' newest research report, the “Plastic Strapping Industry Forecast” looks at past sales and reviews total world Plastic Strapping sales in 2024, providing a comprehensive analysis by region and market sector of projected Plastic Strapping sales for 2025 through 2031. With Plastic Strapping sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plastic Strapping industry.
This Insight Report provides a comprehensive analysis of the global Plastic Strapping landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Plastic Strapping portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Plastic Strapping market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plastic Strapping and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Plastic Strapping.
This report presents a comprehensive overview, market shares, and growth opportunities of Plastic Strapping market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
PP Strapping
PET Strapping
Segmentation by Application:
Wood
Paper
Food and Beverage
Textile
Construction Materials
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Signode
GREENBRIDGE
Teufelberger
FROMM Group
Samuel Strapping
Cyklop
Youngsun
Cordstrap
Scientex Berhad
Polivektris
Tsukasa Chemical Industry Co
SORSA
Strapack
EMBALCER
Linder
STEK
Hiroyuki Industries
Mosca
Baole
STRAPA
Key Questions Addressed in this Report
What is the 10-year outlook for the global Plastic Strapping market?
What factors are driving Plastic Strapping market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Plastic Strapping market opportunities vary by end market size?
How does Plastic Strapping break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.