Global Strapping Market Growth 2023-2029

Global Strapping Market Growth 2023-2029

Strapping is the process of applying a strap to an item to combine, hold, reinforce, or fasten it. The strap may also be referred to as strapping. Strapping is most commonly used in the packaging industry. In this report, strapping is referred to as straps, bands, mainly covers steel strapping and plastic strapping.
LPI (LP Information)' newest research report, the “Strapping Industry Forecast” looks at past sales and reviews total world Strapping sales in 2022, providing a comprehensive analysis by region and market sector of projected Strapping sales for 2023 through 2029. With Strapping sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Strapping industry.
This Insight Report provides a comprehensive analysis of the global 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 Strapping portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Strapping market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 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 Strapping.
The global Strapping market size is projected to grow from US$ 3853.3 million in 2022 to US$ 5266.5 million in 2029; it is expected to grow at a CAGR of 5266.5 from 2023 to 2029.
Global Strapping key players include Signode, M.J.Maillis Group, Samuel Strapping, Cordstrap, Dynaric, etc. Global top five manufacturers hold a share about 25%. Asia-Pacific is the largest market, with a share about 40%, followed by Europe, with a share about 25 percent. In terms of product, Plastic Strapping is the largest segment, with a share about 65%. And in terms of application, the largest application is Building industry, followed by Paper industry, Wood industry, Textile industry, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Strapping market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Steel Strapping
Plastic Strapping
Segmentation by application
Wood Industry
Paper Industry
Building Industry
Textile Industry
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 analyzing the company's coverage, product portfolio, its market penetration.
Signode
M.J.Maillis Group
Samuel Strapping
Cordstrap
Dynaric，Inc
FROMM Group
Anshan Falan
Baosteel
Bhushan Steel
Youngsun
Messersì Packaging
Mosca
Scientex Berhad
Teufelberger
Linder
Granitol
TITAN Umreifungstechnik
MiDFIELD INDUSTRIES LTD
Brajesh Packaging
Polivektris
Strapack
Cyklop
Polychem
Key Questions Addressed in this Report
What is the 10-year outlook for the global Strapping market?
What factors are driving Strapping market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Strapping market opportunities vary by end market size?
How does Strapping break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.