Summary
Plastic Straps Market 2019 Global Industry Forecast To 2023.Plastic Straps Industry Overview By Opportunities, Key Company, Statistics, Future Trends, New Developments, And Segments Analysis To 2023. Plastic Straps Market by Type (Polyester Straps, Polypropylene Straps, Nylon Straps, and Others), by End-Use (Steel, Cotton, Paper, Fiber, Bricks & Tiles, and Others), and Region Forecast to 2023
Key Competitors Analyzed In Report are:
Prominent plastic straps market influencers are Crown Holdings (The US), Polychem Corporation (The US), Teufelberger (Austria), FROMM Packaging (The US), Messersi Packaging (Italy), Dubose Strapping (The US), Auto Strap (India), and PAC Strapping (The US), Polychem Corporation (The US), Scientex Berhad(Malaysia) and others.
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Plastic Straps Market Overview:
Reduction of cost always hogs the light in industrial sectors. The plastic straps market is taking advantage of this notion and is gaining considerable ground. Plastic straps can be used multiple times which can bring down the cost of packaging. The report further has its fingertips on a detailed segmental analysis and drivers that can impact the plastic straps market significantly and take it ahead.
The global plastic straps market is eyeing for a doubling of its present valuation set at USD 1280 million (2017) and reach USD 2581.1 million by 2023 with an astounding CAGR of 12.40% during the forecast period (2018-2023), reveals Market Research Future (MRFR).
Plastic straps have an advantage over the metal straps in terms of weight and cost. Plastic straps are available at a cost-friendly rate and are reusable, and its light-weight can reduce the total weight of the packaged product from which logistics can benefit significantly. Furthermore, emerging nations such as India and China, with their tremendous industrial growth are setting a wider field for the plastic straps market to explore and profit.
However, it has its negative consequences as well. Plastic straps are not eco-friendly which can significantly impact the plastic straps market during the forecast period. But bio-based plastics can be a potential option as they can certainly denounce the threats posed by growing eco-awareness.
Segmental Analysis:
The global Plastic Straps Market is segmented by type and end-user.
By type, the plastic straps market can be segmented into polyester straps, polypropylene straps, nylon straps, and others.
Based on end-user, the plastic straps market can be segmented into steel, cotton, paper, fiber, bricks & tiles, and others.
Research Methodology:
The report has its roots firmly set in meticulous strategies provided by the white-glove data analysts of Market Research Future (MRFR). These strategies involve gathering of information by expert analysts only to have them analyzed and filtered minutely in an endeavor to provide relevant predictions about the market in the coming years. It further incorporates interviews with chief market influencers which makes the primary research pertinent and effective. The secondary method gives a clear peek into the demand and supply relationship. The method has at its core precise data analysis; the emphasis is on top-down and bottom-up approaches which gives an excellent tour of the entire industry. In addition, sustainable sources such as annual reports, SEC filings, and white papers have been used by MRFR data analysts for a profound cognizance of the pertinent product in a bid to discuss the market factors. The enterprise reflects an intent to render an extensive view of the concerned sector by having it judged against immaculate parameters. The valuable inputs enrich the report and provide an edge over the peers.
 
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
……. Continued
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About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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