The market vendors should focus on grabbing business opportunities from the machine grade segment under the grade type category, as it accounted for the largest market share in the base year. The high impact and weather-resistant properties of machine-grade polyester straps increase their preference in sectors such as the automotive industry.
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Highlights-
- Segmentation- The report extensively covers market segmentation by grade type (machine grade and hand grade)
- Key Companies- Auto Strap India, Campanini ugo Srl, CONSENT Group, Crown Holdings Inc., DAE YANG STRAPS, DuBose Strapping Inc., Fromm Holding AG, GREENBRIDGE, Industrial Yarns Pty Ltd., LINDER GmbH, Messersi Packaging Srl, Mosca GmbH, Narrowtex Pty Ltd., National Webbing Products Co., North Shore Strapping Inc., Plastex Extruders Ltd., Samuel Son and Co. Ltd., Teufelberger Holding AG, Plastic Strapping Co. Ltd., and UNIVERSAL STRAPPING Corp. among others.
- Driver- Polyester straps have emerged as a viable option to steel strapping
- Challenge- Alternatives such as polypropylene strapping
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Vendor Insights-
The polyester straps market is fragmented, and the vendors are deploying growth strategies such as quality, price, service, brand image, distribution, and marketing to compete in the market. The key offerings of some of the vendors are listed below:
- Auto Strap India - The company is involved in offering petrock poly ethylene terephthalate strap for heavy-duty packaging, which provides a superior alternative to steel strapping in terms of strength, cost-effectiveness, and workability, making it one of the best strapping materials to use for securing any type of palletized or unitized load.
- Crown Holdings Inc - The company is involved in offering polyester straps which are mostly used in heavy-duty bundling applications such as shipping bricks, metals, beverage pallets, and other heavyweight packages.
- DuBose Strapping Inc. - The company is involved in offering plastic strapping and plastic strapping systems for a wide range of industrial applications ranging from paper to lumber, to bottles and cans, thus ensuring the protection of products during handling, storage, and throughout the shipping process.
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Learn More about Key Driver & Challenge of the Market-
- Polyester Straps Market Driver:
- Polyester straps have emerged as a viable option to steel strapping:
The corrosion issue in steel has been addressed by the advent of polyester straps. Steel corrodes easily, causing the quality of things wrapped in it to deteriorate. As a result, there was a need for alternative strapping options such as polyester straps.
- Polyester Straps Market Challenge:
- Alternatives such as polypropylene strapping:
Polypropylene strapping is a low-cost alternative to polyester straps for moderate duty such as bundling, unitizing, and palletizing. Bundling and packaging newspapers, magazines, food goods such as meat, appliances, corrugated boxes, cut paper, and cartons are some applications for polypropylene strapping.
Find additional information about various other market Drivers & Challenges mentioned in our FREE sample report.
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Cast Polymer Market by End-user and Geography - Forecast and Analysis 2022-2026
Gelcoat Market by End-user and Geography - Forecast and Analysis 2022-2026
Polyester Straps Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 16.02% |
Market growth 2022-2026 |
USD 1.15 billion |
Market structure |
Fragmented |
YoY growth (%) |
15.33 |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 45% |
Key consumer countries |
US, China, India, Japan, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Auto Strap India, Campanini ugo Srl, CONSENT Group, Crown Holdings Inc., DAE YANG STRAPS, DuBose Strapping Inc., Fromm Holding AG, GREENBRIDGE, Industrial Yarns Pty Ltd., LINDER GmbH, Messersi Packaging Srl, Mosca GmbH, Narrowtex Pty Ltd., National Webbing Products Co., North Shore Strapping Inc., Plastex Extruders Ltd., Samuel Son and Co. Ltd., Teufelberger Holding AG, Plastic Strapping Co. Ltd., and UNIVERSAL STRAPPING Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Grade Type
- Exhibit 06: Executive Summary – Chart on Incremental Growth
- Exhibit 07: Executive Summary – Data Table on Incremental Growth
- Exhibit 08: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 12: Market segments
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
- 4.2 Bargaining power of buyers
- Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
- 4.3 Bargaining power of suppliers
- Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
- 4.4 Threat of new entrants
- Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
- 4.5 Threat of substitutes
- Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
- 4.6 Threat of rivalry
- Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
- 4.7 Market condition
- Exhibit 23: Chart on Market condition - Five forces 2021 and 2026
5 Market Segmentation by Grade Type
- 5.1 Market segments
- Exhibit 24: Chart on Grade Type - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Grade Type - Market share 2021-2026 (%)
- 5.2 Comparison by Grade Type
- Exhibit 26: Chart on Comparison by Grade Type
- Exhibit 27: Data Table on Comparison by Grade Type
- 5.3 Machine grade - Market size and forecast 2021-2026
- Exhibit 28: Chart on Machine grade - Market size and forecast 2021-2026 ($ million)
- Exhibit 29: Data Table on Machine grade - Market size and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Machine grade - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Machine grade - Year-over-year growth 2021-2026 (%)
- 5.4 Hand grade - Market size and forecast 2021-2026
- Exhibit 32: Chart on Hand grade - Market size and forecast 2021-2026 ($ million)
- Exhibit 33: Data Table on Hand grade - Market size and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Hand grade - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Hand grade - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Grade Type
- Exhibit 36: Market opportunity by Grade Type ($ million)
6 Customer Landscape
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 38: Chart on Market share by geography 2021-2026 (%)
- Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparison
- Exhibit 40: Chart on Geographic comparison
- Exhibit 41: Data Table on Geographic comparison
- 7.3 APAC - Market size and forecast 2021-2026
- Exhibit 42: Chart on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 43: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
- Exhibit 44: Chart on APAC - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on APAC - Year-over-year growth 2021-2026 (%)
- 7.4 North America - Market size and forecast 2021-2026
- Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
- Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
- 7.5 Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
- 7.6 South America - Market size and forecast 2021-2026
- Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
- 7.7 Middle East and Africa - Market size and forecast 2021-2026
- Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
- 7.8 China - Market size and forecast 2021-2026
- Exhibit 62: Chart on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 63: Data Table on China - Market size and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on China - Year-over-year growth 2021-2026 (%)
- Exhibit 65: Data Table on China - Year-over-year growth 2021-2026 (%)
- 7.9 US - Market size and forecast 2021-2026
- Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
- Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
- 7.10 India - Market size and forecast 2021-2026
- Exhibit 70: Chart on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 71: Data Table on India - Market size and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on India - Year-over-year growth 2021-2026 (%)
- Exhibit 73: Data Table on India - Year-over-year growth 2021-2026 (%)
- 7.11 Germany - Market size and forecast 2021-2026
- Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
- Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
- 7.12 Japan - Market size and forecast 2021-2026
- Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
- Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)
- 7.13 UK - Market size and forecast 2021-2026
- Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
- Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)
- 7.14 Market opportunity by geography
- Exhibit 86: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
- 8.3 Impact of drivers and challenges
- Exhibit 87: Impact of drivers and challenges in 2021 and 2026
9 Vendor Landscape
- 9.2 Vendor landscape
- Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 89: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 90: Impact of key risks on business
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 91: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 92: Matrix on vendor position and classification
- 10.3 Auto Strap India
- Exhibit 93: Auto Strap India - Overview
- Exhibit 94: Auto Strap India - Product / Service
- Exhibit 95: Auto Strap India - Key offerings
- 10.4 Crown Holdings Inc.
- Exhibit 96: Crown Holdings Inc. - Overview
- Exhibit 97: Crown Holdings Inc. - Business segments
- Exhibit 98: Crown Holdings Inc. - Key offerings
- Exhibit 99: Crown Holdings Inc. - Segment focus
- 10.5 DuBose Strapping Inc.
- Exhibit 100: DuBose Strapping Inc. - Overview
- Exhibit 101: DuBose Strapping Inc. - Product / Service
- Exhibit 102: DuBose Strapping Inc. - Key offerings
- 10.6 Fromm Holding AG
- Exhibit 103: Fromm Holding AG - Overview
- Exhibit 104: Fromm Holding AG - Product / Service
- Exhibit 105: Fromm Holding AG - Key news
- Exhibit 106: Fromm Holding AG - Key offerings
- 10.7 GREENBRIDGE
- Exhibit 107: GREENBRIDGE - Overview
- Exhibit 108: GREENBRIDGE - Product / Service
- Exhibit 109: GREENBRIDGE - Key offerings
- 10.8 LINDER GmbH
- Exhibit 110: LINDER GmbH - Overview
- Exhibit 111: LINDER GmbH - Product / Service
- Exhibit 112: LINDER GmbH - Key offerings
- 10.9 Messersi Packaging Srl
- Exhibit 113: Messersi Packaging Srl - Overview
- Exhibit 114: Messersi Packaging Srl - Product / Service
- Exhibit 115: Messersi Packaging Srl - Key news
- Exhibit 116: Messersi Packaging Srl - Key offerings
- 10.10 Mosca GmbH
- Exhibit 117: Mosca GmbH - Overview
- Exhibit 118: Mosca GmbH - Product / Service
- Exhibit 119: Mosca GmbH - Key offerings
- 10.11 Samuel Son and Co. Ltd.
- Exhibit 120: Samuel Son and Co. Ltd. - Overview
- Exhibit 121: Samuel Son and Co. Ltd. - Product / Service
- Exhibit 122: Samuel Son and Co. Ltd. - Key offerings
- 10.12 Teufelberger Holding AG
- Exhibit 123: Teufelberger Holding AG - Overview
- Exhibit 124: Teufelberger Holding AG - Product / Service
- Exhibit 125: Teufelberger Holding AG - Key news
- Exhibit 126: Teufelberger Holding AG - Key offerings
11 Appendix
- 11.2 Inclusions and exclusions checklist
- Exhibit 127: Inclusions checklist
- Exhibit 128: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 129: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 130: Research methodology
- Exhibit 131: Validation techniques employed for market sizing
- Exhibit 132: Information sources
- 11.5 List of abbreviations
- Exhibit 133: List of abbreviations
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