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.
At present, the manufactures of strapping are concentrated in China, Europe, US, Japan and India. The global leading players in this market are Signode, M.J.Maillis Group, Cordstrap, FROMM Group, Anshan Falan and Baosteel.
The strapping are mainly used by wood industry, paper industry, building industry and textile industry. The main application of strapping is building industry. The market share of the three applications is 22.87%, 21.17% and 24.66%.
Despite the presence of competition problems, due to the increasing demand of downstream industry, investors are still optimistic about this area, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep increasing, as well as the consumption value.
According to this study, over the next five years the Strapping market will register a 4.2% CAGR in terms of revenue, the global market size will reach US$ 4430 million by 2024, from US$ 3450 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Strapping business, shared in Chapter 3.
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.
This study considers the Strapping value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Steel Strapping
Plastic Strapping
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Wood Industry
Paper Industry
Building Industry
Textile Industry
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Strapping consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Strapping market by identifying its various subsegments.
Focuses on the key global Strapping manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Strapping with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Strapping submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Strapping . Industry analysis & Market Report on Strapping is a syndicated market report, published as Global Strapping Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Strapping market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.