According to a market report by Lucintel, the future of the global strapping materials market looks promising with opportunities in the food & beverage, industrial logistics & warehouse, corrugated cardboard & paper, newspaper & graphics, building & construction, and metal markets. The global strapping materials market is expected to grow with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are growing awareness towards recycling plastics and increasing demand for logistics and warehousing.A more than 150-page report to understand trends, opportunity and forecast in strapping materials market to 2030 by product type (steel, polypropylene , and polyester), application (food & beverage, industrial logistics & warehouse, corrugated cardboard & paper, newspaper & graphics, building & construction, metal, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that polypropylene is expected to witness the highest growth over the forecast period due to its quality like exceptional strength and durability.
Within this market, industrial logistics and warehouse will remain the largest segment due to growing utilization in the handling of inflexible loads.
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APAC is expected to witness highest growth over the forecast period due to growing application of strapping materials in industries such as food and beverages, industrial logistics and warehouses, and newspapers and graphics.
Cyklop, UNIPACK, Mosca, Panorama Packaging, Plastofine Industries, Greenbridge, Signode Industrial, Signor Polymers, StraPack, Titan Umreifungstechnikare the major suppliers in the strapping materials market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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