This report studies the global Strapping industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
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.
The strapping consumption volume was 2744.0 K MT in 2016 and is expected to reach 2922.2 K MT in 2017 and 3901.2 K MT in 2022. Asia-Pacific`s sales volume accounted for the highest market share (45.15%) in 2016, followed by the Europe and North America.
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At present, the manufactures of strapping are concentrated in Europe, North America, Latin America and Asia-Pacific. The global leading players in this market are Signode, M.J.Maillis Group, Cordstrap, FROMM Group, Anshan Falan, Mosca and Baosteel.
The global Strapping market is valued at 3300 million USD in 2017 and is expected to reach 4480 million USD by the end of 2025, growing at a CAGR of 3.9% between 2018 and 2025.
This research report categorizes the China and global Strapping market by type, end-use industry, and region.
International Manufacturers Covered
- M.J.Maillis Group
- FROMM Group
- Bhushan Steel
- Scientex Berhad
- TITAN Umreifungstechnik
- MiDFIELD INDUSTRIES LTD
- Messersì Packaging
- Granitol a.s.
- Brajesh Packaging
China Local Manufacturers Covered
- Anshan Falan
- ZILI Packing
- Steel Strapping
- Plastic Strapping
- Wood Industry
- Paper Industry
- Building Industry
- Textile Industry
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- United States