For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
According to our (Global Info Research) latest study, the global PET Strapping market size was valued at USD 719.2 million in 2023 and is forecast to a readjusted size of USD 899.9 million by 2030 with a CAGR of 3.3% during review period.
Polyester strapping is characterized by a very consistent tensile strength and very high elongation. Characteristics that are most decisive factor for a safe and reliable strapping method. Unlike strapping made from steel, Polyester strapping having its very high elongation, is able to absorb shocks and impacts during transportation and handling far better than steel strapping is capable of. The excellent elongation allows the substitution for the same application with Polyester strap having a lower breaking strength.
Global PET Strapping key players include Signode, Cordstrap, etc. Global top two manufacturers hold a share about 23%.
China is the largest market, with a share over 25%, followed by North America and Europe, have a share about 50 percent.
In terms of product, Smooth PET Strapping is the largest segment, with a share about 75%. And in terms of application, the largest application is Paper Industry, followed by Wood Industry, Food & Beverage, Textile Industry, etc.
The Global Info Research report includes an overview of the development of the PET Strapping industry chain, the market status of Wood Industry (Embossed PET Strapping, Smooth PET Strapping), Paper Industry (Embossed PET Strapping, Smooth PET Strapping), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of PET Strapping.
Regionally, the report analyzes the PET Strapping markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global PET Strapping market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the PET Strapping market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the PET Strapping industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Embossed PET Strapping, Smooth PET Strapping).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the PET Strapping market.
Regional Analysis: The report involves examining the PET Strapping market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the PET Strapping market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to PET Strapping:
Company Analysis: Report covers individual PET Strapping manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards PET Strapping This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Wood Industry, Paper Industry).
Technology Analysis: Report covers specific technologies relevant to PET Strapping. It assesses the current state, advancements, and potential future developments in PET Strapping areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the PET Strapping market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
PET Strapping market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
- Embossed PET Strapping
- Smooth PET Strapping
Market segment by Application
- Wood Industry
- Paper Industry
- Food & Beverage
- Textile Industry
- Other Industries
Major players covered
- Signode
- Cordstrap
- M.J.Maillis Group
- FROMM Group
- STEK
- Samuel Strapping
- Mosca
- Polychem
- Teufelberger
- Polivektris
- Hiroyuki Industries
- Yongsun
- Strapack
- Cyklop
- Yuandong
- EMBALCER
- Baole
- Patel Strap Manufacturing
- Tianli
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe PET Strapping product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of PET Strapping, with price, sales, revenue and global market share of PET Strapping from 2019 to 2024.
Chapter 3, the PET Strapping competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the PET Strapping breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and PET Strapping market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of PET Strapping.
Chapter 14 and 15, to describe PET Strapping sales channel, distributors, customers, research findings and conclusion.