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.
This report contains market size and forecasts of Strapping in global, including the following market information:
Global Strapping Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Strapping Market Sales, 2017-2022, 2023-2028, (K MT)
Global top five Strapping companies in 2021 (%)
The global Strapping market was valued at 4053 million in 2021 and is projected to reach US$ 5409.7 million by 2028, at a CAGR of 4.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Steel Strapping Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Strapping include Signode, M.J.Maillis Group, Samuel Strapping, Cordstrap, Dynaric，Inc, FROMM Group, Anshan Falan, Baosteel and Bhushan Steel, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Strapping manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Strapping Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Strapping Market Segment Percentages, by Type, 2021 (%)
Steel Strapping
Plastic Strapping
Global Strapping Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Strapping Market Segment Percentages, by Application, 2021 (%)
Wood Industry
Paper Industry
Building Industry
Textile Industry
Others
Global Strapping Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)
Global Strapping Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Strapping revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Strapping revenues share in global market, 2021 (%)
Key companies Strapping sales in global market, 2017-2022 (Estimated), (K MT)
Key companies Strapping sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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