Global Plastic straps Market to reach USD 5.3 billion by 2025.

Global Plastic straps Market valued approximately USD 1.1 billion in 2016 is anticipated to grow with a healthy growth rate of more than 19.2% over the forecast period 2017-2025. Key factors which gives growth to the Plastic straps market are increasing use of plastic straps in the bricks & tiles, paper, and cotton industries. The demand for plastic straps is increasing in these industries due to various properties offered by them that include high flexibility, ease of handling, and lightweight.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
 
§ Polyester straps
§ Polypropylene straps
§ Nylon straps
§ Paper straps
§ Composite straps
§ Corded & woven straps

By End User industry:

§ Fiber
§ Steel
§ Cotton
§ Paper
§ Bricks & tiles

By Regions:
§ North America
o U.S.
o Canada
§ Europe
o UK
o Germany
§ Asia Pacific
o China
o India
o Japan
§ Latin America
o Brazil
o Mexico
§ Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market Crown Holdings, Polychem Corporation, Teufelberger, Fromm Packaging Systems, Messersì Packaging, Dubose Strapping, PAC Strapping Products, Auto Strap India, Linder Seevetal. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Global Plastic straps Market in Market Study:

§ Key Consulting Companies & Advisors
§ Large, medium-sized, and small enterprises
§ Venture capitalists
§ Value-Added Resellers (VARs)
§ Third-party knowledge providers
§ Investment bankers
§ Investors