Polyester Straps Market 2024-2028: Size and Alternatives such as polypropylene strapping are hamperinggrowth of polyester straps market; growth driven by the Grade Type, Some of key Companies Positioned Strategically

The polyester straps market size by Grade Type (Machine grade and Hand grade) and Geography (APAC, North America, Europe, South America, and Middle East and Africa), is forecast to increase by USD 1215.6 million. The market is expected to grow at a CAGR of   16.6% between 2024 and 2028.

• In the realm of industrial strapping solutions, polypropylene strapping emerges as a cost-effective alternative to polyester straps for applications involving moderate duty, such as bundling, unitizing, and palletizing. Notable industries like publishing, food processing, and appliance manufacturing frequently employ polypropylene strapping for bundling newspapers, magazines, meat, appliances, corrugated boxes, cut paper, and cartons. The superior elongation property of polypropylene strapping renders it particularly suitable for these light to medium-duty applications. Consequently, the preference for polypropylene straps over polyester straps in these sectors is adversely impacting the growth of the global polyester straps market during the forecast period.
• The polyester straps market witnesses significant growth due to its versatility and durability. This segment offers various advantages such as resistance to moisture, UV rays, and chemicals. Polyester straps are extensively used in industries for material handling, transportation, and packaging applications. Their affordability and long-lasting nature make them a preferred choice for businesses seeking reliable and cost-effective solutions. The market is expected to continue expanding, driven by increasing demand from various end-use sectors.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• Auto Strap India
• Campanini ugo Srl
• CONSENT Group
• Crown Holdings Inc.
• DAE YANG STRAPS
• DuBose Strapping Inc.
• Fromm Holding AG
• GREENBRIDGE
• Industrial Yarns Pty Ltd.
• LINDER GmbH
• Messersi Packaging Srl
• Mosca GmbH
• Narrowtex Pty Ltd.
• National Webbing Products Co.
• North Shore Strapping Inc.
• Plastex Extruders Ltd.
• Samuel Son and Co. Ltd.
• Teufelberger Holding AG
• Plastic Strapping Co. Ltd.
• UNIVERSAL STRAPPING Corp.

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Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: media@technavio.com
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