Asia Pacific Plastic Straps Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Polyester Straps, Polypropylene Straps, Nylon Straps, Paper Straps, Composite Straps, Corded and Woven Straps); End Use (Fiber, Steel, Cotton, Paper, Bricks and Tiles, Others), and Country
ASIA PACIFIC PLASTIC STRAPS RD
Asia Pacific Plastic Straps Market Forecast to 2027 – COVID-19 Impact and Asia Pacific (APAC) Analysis – By Type (Polyester, Polypropylene, Nylon, Paper, Composite, Corded and Woven); End Use (Fiber, Steel, Cotton, Paper, Bricks and Tiles, Others), and Country
Pages: 119
Market Introduction
A plastic strap is a flexible flat material which helps to combine, hold, reinforce, or fasten an item. Plastic strapping used for packaging is a generic term used to describe all non-metallic straps and includes extruded polypropylene & polyester straps together with corded or woven polyester straps. The growth of plastic straps market is driven by the increasing use of plastic straps in the paper, steel, and bricks & tiles industries. Plastic strapping materials are produced from polypropylene, polyester, and are available in a wide variety of styles, strengths, and finishes. Strapping can be applied either automatically with a strapping machine or manually with a hand tool. Strapping is widely used across many industries, including shipping large industrial equipment to e-commerce fulfillment centers. Different products of strapping material are available with specific classifications and grades.
Market Overview and Dynamics
The Asia Pacific plastic straps market was valued at US$ 484.65 million in 2019 and is projected to reach US$ 1,628.53 million by 2027; it is expected to grow at a CAGR of 16.6% during the forecast period 2018-2027. Factors driving the market growth include the rising preference for lightweight and low-cost strapping materials and growing demand in Key Markets such as India and China. However, the environmental pollution and waste management is likely to have a negative impact on the market growth.
Key Market Segments
By type, the polypropylene straps segment accounted for the largest market share in the Asia Pacific plastic straps market in 2019. In terms of end use, the paper segment held the largest market share of the plastic straps market by 2027. In terms of application, in 2018, the beverage segment held the most significant market share of the plastic straps market in Asia Pacific.
Major Sources and Companies Listed
Some of the major primary and secondary sources for Asia Pacific plastic straps market included in the report are Auto Strap India, Cyklop International, FROMM Group, LINDER GmbH, Crown Holdings, Inc., and Teufelberger Stralsund GmbH.
Impact of COVID-19 Pandemic on Plastic straps Market
COVID-19 outbreak first began in Wuhan (China) in December 2019, and since then it has spread across the globe at a fast pace. China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among the worst affected countries in terms of confirmed cases and reported deaths as of March 2020. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The overall market breakdown due to COVID-19 is also affecting the growth of the plastic straps market due to shutting down of factories, obstacle in supply chain, and downturn in world economy
Reasons to buy the report
· To understand the plastic straps market landscape and identify market segments that are most likely to guarantee a strong return
· To stay ahead by comprehending the ever-changing competitive landscape for the plastic straps market
· To efficiently plan M&A and partnership deals in the plastic straps market by identifying market segments with most promising probable sales
· To take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the plastic straps market
· To obtain market revenue forecast for market by various segments from 2018 to 2027
Asia Pacific Plastic straps Market Segmentation
By Type
· Polyester Straps
· Polypropylene Straps
· Nylon Straps
· Paper Straps
· Composite Straps
· Corded and Woven Straps
By End Use
· Fiber
· Steel
· Cotton
· Paper
· Bricks and Tiles
· Others
By Country
· Australia
· China
· Japan
· India
· South Korea
· Rest of APAC
Company Profiles
· Auto Strap India
· Cyklop International
· FROMM Group
· LINDER GmbH
· Crown Holdings, Inc.
· Teufelberger Stralsund GmbH
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Asia Pacific Nutrition Lipid Market – By Type
1.3.2 Asia Pacific Nutrition Lipid Market – By End Use
1.3.3 Asia Pacific Nutrition Lipid Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Plastic Straps Market Landscape
4.1 Market Overview
4.1.1 Asia Pacific PEST Analysis
5. Asia Pacific Plastic Straps Market – Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Rising preference for lightweight and low-cost strapping materials
5.1.2 Growing demand in Key Markets Such As India and China
5.2 Restraint
5.2.1 Environmental Pollution and Waste Management
5.3 Opportunity
5.3.1 Surging Construction Industry in Developing Countries
5.4 Future Trend
5.4.1 Development of Bio- Based Plastics
5.5 Impact Analysis of Drivers and Restraints
6. Plastic Straps – Asia Pacific Market Analysis
6.1 Asia Pacific Plastic Straps Market Overview
6.2 Asia Pacific Plastic Straps Market Forecast and Analysis
7. Plastic Straps Market Analysis – By Product Type
7.1 Overview
7.2 Plastic Straps Market, By Type (2019 and 2027)
7.3 Polyester Straps
7.3.1 Overview
7.3.2 Polyester Straps: Plastic Straps Market – Revenue and Forecast to 2027 (US$ Mn)
7.4 Polypropylene Straps
7.4.1 Overview
7.4.2 Polypropylene Straps: Plastic Straps Market – Revenue and Forecast to 2027 (US$ Mn)
7.5 Nylon Straps
7.5.1 Overview
7.5.2 Nylon Straps: Plastic Straps Market – Revenue and Forecast to 2027 (US$ Mn)
7.6 Paper Straps
7.6.1 Overview
7.6.2 Paper Straps: Plastic Straps Market – Revenue and Forecast to 2027 (US$ Mn)
7.7 Composite Straps
7.7.1 Overview
7.7.2 Composite Straps: Plastic Straps Market – Revenue and Forecast to 2027 (US$ Mn)
7.8 Corded and Woven Straps
7.8.1 Overview
7.8.2 Corded and Woven Straps: Plastic Straps Market – Revenue and Forecast to 2027 (US$ Mn)
8. Plastic Straps Market Analysis – By End Use
8.1 Overview
8.2 Plastic Straps Market, By End Use (2019 and 2027)
8.3 Fiber
8.3.1 Overview
8.3.2 Fiber: Plastic Straps Market – Revenue and Forecast to 2027 (US$ Mn)
8.4 Steel
8.4.1 Overview
8.4.2 Steel: Plastic Straps Market – Revenue and Forecast to 2027 (US$ Mn)
8.5 Cotton
8.5.1 Cotton: Plastic Straps Market – Revenue and Forecast to 2027 (US$ Mn)
8.6 Paper
8.6.1 Paper: Plastic Straps Market – Revenue and Forecast to 2027 (US$ Mn)
8.7 Bricks and Tiles
8.7.1 Overview
8.7.2 Bricks and Tiles: Plastic Straps Market – Revenue and Forecast to 2027 (US$ Mn)
8.8 Others
8.8.1 Overview
8.8.2 Others: Plastic Straps Market – Revenue and Forecast to 2027 (US$ Mn)
9. Plastic Straps Market – Country Analysis
9.1 Overview
9.1.1 Asia Pacific Plastic Straps Market Breakdown, by Key Countries
9.1.1.1 Australia: Plastic Straps Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.1.1 Australia: Plastic Straps Market, by Type
9.1.1.1.2 Australia: Plastic Straps Market, by End-Use
9.1.1.2 China: Plastic Straps Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.2.1 China: Plastic Straps Market, by Type
9.1.1.2.2 China: Plastic Straps Market, by End-Use
9.1.1.3 Japan: Plastic Straps Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.3.1 Japan: Plastic Straps Market, by Type
9.1.1.3.2 Japan: Plastic Straps Market, by End-Use
9.1.1.4 India: Plastic Straps Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.4.1 India: Plastic Straps Market, by Type
9.1.1.4.2 India: Plastic Straps Market, by End-Use
9.1.1.5 South Korea: Plastic Straps Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.5.1 South Korea: Plastic Straps Market, by Type
9.1.1.5.2 South Korea: Plastic Straps Market, by End-Use
9.1.1.6 Rest of Asia Pacific: Plastic Straps Market –Revenue and Forecast to 2027 (US$ Mn)
9.1.1.6.1 Rest of Asia Pacific: Plastic Straps Market, by Type
9.1.1.6.2 Rest of Asia Pacific: Plastic Straps Market, by End-Use
10. Overview- Impact of COVID-19
10.1 Asia-Pacific: Impact assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Product news
12. Company Profiles
12.1 Auto Strap India
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.2 Cyklop International
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.3 FROMM Group
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 LINDER GmbH
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.5 Crown Holdings, Inc.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.6 Teufelberger Stralsund GmbH
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Asia Pacific Plastic Straps Market Revenue and Forecasts to 2027 (US$ Mn)
Table 2. Australia Plastic Straps Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 3. Australia Plastic Straps Market, by End-Use – Revenue and Forecast to 2027 (USD Mn)
Table 4. China Plastic Straps Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 5. China Plastic Straps Market, by End-Use – Revenue and Forecast to 2027 (USD Mn)
Table 6. Japan Plastic Straps Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 7. Japan Plastic Straps Market, by End-Use – Revenue and Forecast to 2027 (USD Mn)
Table 8. India Plastic Straps Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 9. India Plastic Straps Market, by End-Use – Revenue and Forecast to 2027 (USD Mn)
Table 10. South Korea Plastic Straps Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 11. South Korea Plastic Straps Market, by End-Use – Revenue and Forecast to 2027 (USD Mn)
Table 12. Rest of Asia Pacific Plastic Straps Market, by Type – Revenue and Forecast to 2027 (USD Mn)
Table 13. Rest of Asia Pacific Plastic Straps Market, by End-Use – Revenue and Forecast to 2027 (USD Mn)
Table 14. Glossary of Terms, Asia Pacific Plastic Strapss Market
LIST OF FIGURES
Figure 1. Asia Pacific Plastic Straps Market Segmentations
Figure 2. Asia Pacific Plastic Straps Market Segmentation – By Country
Figure 3. Polypropylene Straps Share In The Asia Pacific Plastic Straps Market By Type
Figure 4. China Dominated The Asia Pacific Plastic Straps Market In 2018
Figure 5. Asia Pacific Plastic Straps Market, Industry Landscape
Figure 6. Asia Pacific – Pest Analysis
Figure 7. Plastic Straps Market Impact Analysis of Drivers and Restraints
Figure 8. Asia Pacific Plastic Straps Market Forecast And Analysis, (US$ Mn)
Figure 9. Plastic Straps Market Revenue Share, By Type (2019 and 2027)
Figure 10. Polyester Straps: Plastic Straps Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 11. Polypropylene Straps: Plastic Straps Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 12. Nylon Straps: Plastic Straps Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 13. Paper Straps: Plastic Straps Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 14. Composite Straps: Plastic Straps Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 15. Corded and Woven Straps: Plastic Straps Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 16. Plastic Straps Market Revenue Share, By End Use (2019 and 2027)
Figure 17. Fiber: Plastic Straps Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 18. Steel: Plastic Straps Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 19. Cotton: Plastic Straps Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 20. Paper: Plastic Straps Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 21. Bricks and Tiles: Plastic Straps Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 22. Others: Plastic Straps Market – Revenue And Forecast To 2027 (US$ Mn)
Figure 23. Asia Pacific Plastic Straps Market Breakdown by Key Countries, 2018 & 2027(%)
Figure 24. Australia: Plastic Straps Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 25. China: Plastic Straps Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 26. Japan: Plastic Straps Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 27. India: Plastic Straps Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 28. South Korea: Plastic Straps Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 29. Rest of Asia Pacific: Plastic Straps Market –Revenue and Forecast to 2027 (US$ Mn)
Figure 30. Impact Of COVID-19 Pandemic In Asia Pacific Country Markets
The List of Companies - Asia Pacific Plastic Straps Market
- Auto Strap India
- Cyklop International
- FROMM Group
- LINDER GmbH
- Crown Holdings, Inc.
- Teufelberger Stralsund GmbH
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific plastic straps market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.