Global Plastic Straps Market Report 2020-2027: Focus on Polyester, Nylon, Paper, Bricks & Tiles, Cotton - ResearchAndMarkets.com
Plastic Straps Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
The "Plastic Straps - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Plastic Straps Market to Reach $5.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Plastic Straps estimated at US$1.9 Billion in the year 2020, is projected to reach a revised size of US$5.9 Billion by 2027, growing at a CAGR of 17.8% over the analysis period 2020-2027.
Polyester Straps, one of the segments analyzed in the report, is projected to record a 19.7% CAGR and reach US$2.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Polypropylene Straps segment is readjusted to a revised 18.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $503.7 Million, While China is Forecast to Grow at 23% CAGR
The Plastic Straps market in the U.S. is estimated at US$503.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.4 Billion by the year 2027 trailing a CAGR of 23.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12.8% and 15.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14% CAGR.
Nylon Straps Segment to Record 15.4% CAGR
In the global Nylon Straps segment, USA, Canada, Japan, China and Europe will drive the 14.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$206.5 Million in the year 2020 will reach a projected size of US$531.7 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$926.2 Million by the year 2027, while Latin America will expand at a 17.1% CAGR through the analysis period.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Auto Strap India
- Consent Group
- Crown Holdings Group
- Cyklop Nederland BV
- DuBose Strapping, Inc.
- Fromm Holding AG
- Linder Seevetal
- Messersi Packaging S.r.l.
- MosCA Direct Limited
- North Shore Strapping Inc.
- PAC Strapping Products, Inc.
- Polychem Corporation
- Samuel Strapping Systems
- Scientex Bhd.
- SORSA Strapping Systems
- TEUFELBERGER Ges.m.b.H.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Plastic Straps Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- Plastic Straps Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
- Plastic Straps Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
- Plastic Straps Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
- Polyester Straps (Type) World Market by Region/Country in US$ Thousand: 2020 to 2027
- Polyester Straps (Type) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019
- Polyester Straps (Type) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
- Polypropylene Straps (Type) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
- Polypropylene Straps (Type) Historic Market Perspective by Region/Country in US$ Thousand: 2012 to 2019
- Polypropylene Straps (Type) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
- Nylon Straps (Type) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027
- Nylon Straps (Type) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2012 to 2019
- Nylon Straps (Type) Market Share Distribution in Percentage by Region/Country: 2012 VS 2020 VS 2027
- Other Types (Type) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2020 to 2027
- Other Types (Type) Market Historic Review by Region/Country in US$ Thousand: 2012 to 2019
- Other Types (Type) Market Share Breakdown by Region/Country: 2012 VS 2020 VS 2027
- Paper (End-Use Industry) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027
- Paper (End-Use Industry) Global Historic Analysis in US$ Thousand by Region/Country: 2012-2019
- Paper (End-Use Industry) Distribution of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- Bricks & Tiles (End-Use Industry) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2020 through 2027
- Bricks & Tiles (End-Use Industry) Analysis of Historic Sales in US$ Thousand by Region/Country for the Years 2012 to 2019
- Bricks & Tiles (End-Use Industry) Global Market Share Distribution by Region/Country for 2012, 2020, and 2027
- Cotton (End-Use Industry) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027
- Cotton (End-Use Industry) Historic Sales Analysis in US$ Thousand by Region/Country: 2012-2019
- Cotton (End-Use Industry) Percentage Share Breakdown of Global Sales by Region/Country: 2012 VS 2020 VS 2027
- Other End-Use Industries (End-Use Industry) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027
- Other End-Use Industries (End-Use Industry) Historic Demand Patterns in US$ Thousand by Region/Country: 2012-2019
- Other End-Use Industries (End-Use Industry) Market Share Shift across Key Geographies: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- US Plastic Straps Market Share (in %) by Company: 2019 & 2025
- Market Analytics
- Plastic Straps Market Estimates and Projections in US$ Thousand by Type: 2020 to 2027
- Plastic Straps Market by Type: A Historic Review in US$ Thousand for 2012-2019
- Plastic Straps Market Share Breakdown by Type: 2012 VS 2020 VS 2027
- Plastic Straps Latent Demand Forecasts in US$ Thousand by End-Use Industry: 2020 to 2027
- Plastic Straps Historic Demand Patterns by End-Use Industry in US$ Thousand for 2012-2019
- Plastic Straps Market Share Breakdown by End-Use Industry: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 43
For more information about this report visit https://www.researchandmarkets.com/r/a8swxd
View source version on businesswire.com: https://www.businesswire.com/news/home/20201030005389/en/