Global Tie-down Straps Market Growth 2023-2029
Tie down straps (also called ratchet straps, lashing straps or tie downs) are fasteners used to hold down cargo or equipment during transport. Tie down straps are essentially webbing that is outfitted with tie down hardware. This hardware allows the tie down strap to attach to the area surrounding the cargo or equipment, loop over the cargo or equipment, and/or attach to the cargo or equipment. It usually also includes a method of tensioning the strap, such as a ratchet.
LPI (LP Information)' newest research report, the “Tie-down Straps Industry Forecast” looks at past sales and reviews total world Tie-down Straps sales in 2022, providing a comprehensive analysis by region and market sector of projected Tie-down Straps sales for 2023 through 2029. With Tie-down Straps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tie-down Straps industry.
This Insight Report provides a comprehensive analysis of the global Tie-down Straps 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 Tie-down Straps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tie-down Straps market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tie-down Straps 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 Tie-down Straps.
The global Tie-down Straps market size is projected to grow from US$ 153.6 million in 2022 to US$ 228 million in 2029; it is expected to grow at a CAGR of 228 from 2023 to 2029.
Global Tie-down Straps key players include Horizon Global Corporation, Keeper, Quickloader, Dolezych, etc. Global top four manufacturers hold a share about 9%.
China is the largest market, with a share about 30%, followed by Europe and North America, both have a share about 35 percent.
In terms of product, Ratchet Straps is the largest segment, with a share over 40%. And in terms of application, the largest application is Land Transportation, followed by Aircraft Transportation, Individual and Other Applications, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Tie-down Straps market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Cam Straps
Over-center Lever Cam Style Straps
Ratchet Straps
Segmentation by application
Aircraft Transportation
Land Transportation
Individual and Other Applications
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.
Horizon Global Corporation
Keeper
Quickloader
Dolezych
Ancra International
TAURUS
ShockStrap
Smartstraps
Erickson Manufacturing Ltd.
Win Chance Metal
AERO NET
Nite lze
GPI Forankra
Chenli Group
Grunt
Jili
JCLJD
Key Questions Addressed in this Report
What is the 10-year outlook for the global Tie-down Straps market?
What factors are driving Tie-down Straps market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tie-down Straps market opportunities vary by end market size?
How does Tie-down Straps 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook