Strapping Materials Market Research and Forecast Report 2023-2028

1. Global Strapping Materials Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

2. Report DescriptionAbout IMARC Group The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value challenges, and transform their businesses. opportunities, address their most critical IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise. IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.

3. Report Description and Highlights Report Description Global Strapping Materials Market Research Report: The latest report by IMARC, titled “Strapping Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” finds that the global strapping materials market size reached US$ 6.6 Billion in 2022. Strapping is the method of unitizing, bundling, and palletizing goods, such as cartons, newspapers, pipes, lumbers, and concrete blocks. It uses metal or plastic straps, bands, and wires to facilitate easy handling and shipping of products. These materials can be applied either manually using a hand tool or automatically with a strapping machine. They aid in closing corrugated boxes and shipping containers, holding bales of agricultural products or textiles, attaching items to pallets, skids, and crates, and securing a unit load of bricks, packaged glass, and metal parts. As a result, strapping materials are widely employed for reinforcing products and securing pallet loads for safe transportation and storage. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/strapping-materials-

4. Report Description and Highlights Report Description Global Strapping Materials Market Trends: The rising applications of strapping materials across various sectors represent the primary factor driving the market growth. For instance, in the food and beverage (F&B) industry, strapping materials are extensively utilized as a cost- efficient way of bundling, packaging, and palletizing food products. Besides this, steel straps are rapidly gaining popularity in the building and construction sector for packaging metal due to their excellent tensile strength, hot temperature resistance, and durability. Additionally, there has been a rise in the adoption of strapping materials in industrial logistics and warehousing for bundling items together and securing pallet loads during transportation and storage. In line with this, the growing usage of plastic strapping in the print industry owing to its elongation, recovery, and tension resistance properties has augmented the product demand. Besides this, with the significant growth in the e-commerce sector, the increasing utilization of corrugated cardboard and paper as a retail-ready packaging solution to protect goods from damage and vibration while handling and shipping has accelerated product adoption rates. Furthermore, several key players are developing fully automatic strapping machines with novel features and upgrades to reduce workload and boost efficiency. Along with this, recent advancements in strap manufacturing technology and processes have propelled market growth. Other factors, including the emerging packaged food industry, rise in air cargo and waterway transport, increasing penetration of online retail outlets, and technological advancements, are also providing a positive thrust to the market growth. Looking forward, IMARC Group expects the market value to reach US$ 9.5 Billion by 2028, growing at a CAGR of 5.86% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Material: • Steel • Polypropylene • Polyester Breakup by Application: • Industrial Logistics and Warehouse • Food and Beverage • Corrugated Cardboard and Paper • Newspaper and Graphics • Building and Construction • Metal Breakup by Region: • North America • United States • Canada • Asia-Pacific

6. Report Description and Highlights Report Description • China • Japan • India • South Korea • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

7. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • Crawford Packaging Inc. Cyklop Gmbh Dynaric Inc. Martin Packaging Limited Mosca GmbH Plastofine Industries Polychem Corporation Signode Industrial Group LLC (Crown Holdings Inc.) Strapack Corporation Tesa Tapes (India) Private Ltd. TITAN Umreifungstechnik GmbH & Co. KG Unipack Trading Inc. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/strapping-materials- market

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10. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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