The North America Strapping Materials Market would witness market growth of 4.5% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,157.1 Kilo Tonnes, showcasing a growth of 4.2% (2019-2022).
These materials, often referred to as strapping or banding, are versatile materials used for bundling, reinforcing, and securing loads in diverse industries. These materials come in various forms, including steel bands, polyester straps, polypropylene straps, and composite materials. The primary purpose of these materials is to provide stability, containment, and support to goods during transportation, storage, and construction activities. In packaging applications, these materials secure palletized loads, preventing shifting or damage during transit.
Plastics are recyclable, which makes them an ecologically friendly alternative to traditional packaging. This is anticipated to be a significant factor propelling market expansion during the forecast period. As an alternative to metal ingredients produced from steel, plastic ingredients are derived from petroleum-based feedstocks such as polyester and polypropylene. In addition to their high elongation and tensile resistance, plastic straps possess several distinct advantages. In contrast, steel straps are practical for packaging metal and building and construction materials due to their exceptional tensile strength.
According to the National Institute of Standards and Technology, in 2021, manufacturing contributed $2.3 trillion to US GDP, amounting to 12.0 % of total US GDP. Including direct and indirect (i.e., purchases from other industries) value-added, manufacturing contributed an estimated 24 % of GDP. The manufacturing industry produces a diverse range of finished goods, and these products often require secure packaging for transportation to distributors, retailers, or end consumers. these materials are essential for bundling and stabilizing these goods during transit. As a result, these aspects will boost market growth in the coming years.
The US market dominated the North America Strapping Materials Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,688.5 Million by 2030. The Canada market is experiencing a CAGR of 6.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 5.9% during (2023 - 2030).
Based on Product, the market is segmented into Polypropylene (PP), Steel, and Polyester (PET). Based on Application, the market is segmented into Industrial Logistics & Warehouse, Corrugated Cardboard & Paper, Food & Beverage, Newspaper & Graphics, Building & Construction, and Metal. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Strapping Materials Market is Predict to reach $8.9 Billion by 2030, at a CAGR of 4.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cyklop GmbH, UNIPACK Pte Ltd., Mosca GmbH, Burlan Manufacturing LLC, Greenbridge (The Sterling Group, L.P.), Signode Industrial Group LLC (Crown Holdings Inc.), StraPack, Corp., TITAN Umreifungstechnik GmbH & Co. KG (PW Lenzen GmbH & Co. KG), 3M Company and Samuel, Son & Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Polypropylene (PP)
- Steel
- Polyester (PET)
By Application (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- Industrial Logistics & Warehouse
- Corrugated Cardboard & Paper
- Food & Beverage
- Newspaper & Graphics
- Building & Construction
- Metal
By Country (Volume, Kilo Tonnes, USD Billion, 2019-2030)
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Cyklop GmbH
- UNIPACK Pte Ltd.
- Mosca GmbH
- Burlan Manufacturing LLC
- Greenbridge (The Sterling Group, L.P.)
- Signode Industrial Group LLC (Crown Holdings Inc.)
- StraPack, Corp.
- TITAN Umreifungstechnik GmbH & Co. KG (PW Lenzen GmbH & Co. KG)
- 3M Company
- Samuel, Son & Co., Ltd.
TABLE 1 North America Strapping Materials Market, 2019 - 2022, USD Million
TABLE 2 North America Strapping Materials Market, 2023 - 2030, USD Million
TABLE 3 North America Strapping Materials Market, 2019 - 2022, Kilo Tonnes
TABLE 4 North America Strapping Materials Market, 2023 - 2030, Kilo Tonnes
TABLE 5 North America Strapping Materials Market by Product, 2019 - 2022, USD Million
TABLE 6 North America Strapping Materials Market by Product, 2023 - 2030, USD Million
TABLE 7 North America Strapping Materials Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 8 North America Strapping Materials Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 9 North America Polypropylene (PP) Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Polypropylene (PP) Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Polypropylene (PP) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 12 North America Polypropylene (PP) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 13 North America Steel Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Steel Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Steel Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 16 North America Steel Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 17 North America Polyester (PET) Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Polyester (PET) Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Polyester (PET) Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 20 North America Polyester (PET) Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 21 North America Strapping Materials Market by Application, 2019 - 2022, USD Million
TABLE 22 North America Strapping Materials Market by Application, 2023 - 2030, USD Million
TABLE 23 North America Strapping Materials Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 24 North America Strapping Materials Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 25 North America Industrial Logistics & Warehouse Market by Country, 2019 - 2022, USD Million
TABLE 26 North America Industrial Logistics & Warehouse Market by Country, 2023 - 2030, USD Million
TABLE 27 North America Industrial Logistics & Warehouse Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 28 North America Industrial Logistics & Warehouse Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 29 North America Corrugated Cardboard & Paper Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Corrugated Cardboard & Paper Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Corrugated Cardboard & Paper Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 32 North America Corrugated Cardboard & Paper Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 33 North America Food & Beverage Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Food & Beverage Market by Country, 2023 - 2030, USD Million
TABLE 35 North America Food & Beverage Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 36 North America Food & Beverage Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 37 North America Newspaper & Graphics Market by Country, 2019 - 2022, USD Million
TABLE 38 North America Newspaper & Graphics Market by Country, 2023 - 2030, USD Million
TABLE 39 North America Newspaper & Graphics Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 40 North America Newspaper & Graphics Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 41 North America Building & Construction Market by Country, 2019 - 2022, USD Million
TABLE 42 North America Building & Construction Market by Country, 2023 - 2030, USD Million
TABLE 43 North America Building & Construction Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 44 North America Building & Construction Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 45 North America Metal Market by Country, 2019 - 2022, USD Million
TABLE 46 North America Metal Market by Country, 2023 - 2030, USD Million
TABLE 47 North America Metal Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 48 North America Metal Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 49 North America Strapping Materials Market by Country, 2019 - 2022, USD Million
TABLE 50 North America Strapping Materials Market by Country, 2023 - 2030, USD Million
TABLE 51 North America Strapping Materials Market by Country, 2019 - 2022, Kilo Tonnes
TABLE 52 North America Strapping Materials Market by Country, 2023 - 2030, Kilo Tonnes
TABLE 53 US Strapping Materials Market, 2019 - 2022, USD Million
TABLE 54 US Strapping Materials Market, 2023 - 2030, USD Million
TABLE 55 US Strapping Materials Market, 2019 - 2022, Kilo Tonnes
TABLE 56 US Strapping Materials Market, 2023 - 2030, Kilo Tonnes
TABLE 57 US Strapping Materials Market by Product, 2019 - 2022, USD Million
TABLE 58 US Strapping Materials Market by Product, 2023 - 2030, USD Million
TABLE 59 US Strapping Materials Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 60 US Strapping Materials Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 61 US Strapping Materials Market by Application, 2019 - 2022, USD Million
TABLE 62 US Strapping Materials Market by Application, 2023 - 2030, USD Million
TABLE 63 US Strapping Materials Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 64 US Strapping Materials Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 65 Canada Strapping Materials Market, 2019 - 2022, USD Million
TABLE 66 Canada Strapping Materials Market, 2023 - 2030, USD Million
TABLE 67 Canada Strapping Materials Market, 2019 - 2022, Kilo Tonnes
TABLE 68 Canada Strapping Materials Market, 2023 - 2030, Kilo Tonnes
TABLE 69 Canada Strapping Materials Market by Product, 2019 - 2022, USD Million
TABLE 70 Canada Strapping Materials Market by Product, 2023 - 2030, USD Million
TABLE 71 Canada Strapping Materials Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 72 Canada Strapping Materials Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 73 Canada Strapping Materials Market by Application, 2019 - 2022, USD Million
TABLE 74 Canada Strapping Materials Market by Application, 2023 - 2030, USD Million
TABLE 75 Canada Strapping Materials Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 76 Canada Strapping Materials Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 77 Mexico Strapping Materials Market, 2019 - 2022, USD Million
TABLE 78 Mexico Strapping Materials Market, 2023 - 2030, USD Million
TABLE 79 Mexico Strapping Materials Market, 2019 - 2022, Kilo Tonnes
TABLE 80 Mexico Strapping Materials Market, 2023 - 2030, Kilo Tonnes
TABLE 81 Mexico Strapping Materials Market by Product, 2019 - 2022, USD Million
TABLE 82 Mexico Strapping Materials Market by Product, 2023 - 2030, USD Million
TABLE 83 Mexico Strapping Materials Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 84 Mexico Strapping Materials Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 85 Mexico Strapping Materials Market by Application, 2019 - 2022, USD Million
TABLE 86 Mexico Strapping Materials Market by Application, 2023 - 2030, USD Million
TABLE 87 Mexico Strapping Materials Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 88 Mexico Strapping Materials Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 89 Rest of North America Strapping Materials Market, 2019 - 2022, USD Million
TABLE 90 Rest of North America Strapping Materials Market, 2023 - 2030, USD Million
TABLE 91 Rest of North America Strapping Materials Market, 2019 - 2022, Kilo Tonnes
TABLE 92 Rest of North America Strapping Materials Market, 2023 - 2030, Kilo Tonnes
TABLE 93 Rest of North America Strapping Materials Market by Product, 2019 - 2022, USD Million
TABLE 94 Rest of North America Strapping Materials Market by Product, 2023 - 2030, USD Million
TABLE 95 Rest of North America Strapping Materials Market by Product, 2019 - 2022, Kilo Tonnes
TABLE 96 Rest of North America Strapping Materials Market by Product, 2023 - 2030, Kilo Tonnes
TABLE 97 Rest of North America Strapping Materials Market by Application, 2019 - 2022, USD Million
TABLE 98 Rest of North America Strapping Materials Market by Application, 2023 - 2030, USD Million
TABLE 99 Rest of North America Strapping Materials Market by Application, 2019 - 2022, Kilo Tonnes
TABLE 100 Rest of North America Strapping Materials Market by Application, 2023 - 2030, Kilo Tonnes
TABLE 101 Key Information – Cyklop GmbH
TABLE 102 Key Information – UNIPACK Pte Ltd.
TABLE 103 Key Information – Mosca GmbH
TABLE 104 Key Information – Greenbridge
TABLE 105 Key Information – Signode Industrial Group LLC
TABLE 106 Key Information – StraPack, Corp.
TABLE 107 Key Information – TITAN Umreifungstechnik GmbH & Co. KG
TABLE 108 Key Information – Samuel, Son & Co., Ltd.
TABLE 109 Key Information – Burlan Manufacturing LLC
TABLE 110 Key Information – 3M Company
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Strapping Materials Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Strapping Materials Market
FIG 4 Porter’s Five Forces Analysis – Strapping Materials Market
FIG 5 North America Strapping Materials Market share by Product, 2022
FIG 6 North America Strapping Materials Market share by Product, 2030
FIG 7 North America Strapping Materials Market by Product, 2019 - 2030, USD Million
FIG 8 North America Strapping Materials Market share by Application, 2022
FIG 9 North America Strapping Materials Market share by Application, 2030
FIG 10 North America Strapping Materials Market by Application, 2019 - 2030, USD Million
FIG 11 North America Strapping Materials Market share by Country, 2022
FIG 12 North America Strapping Materials Market share by Country, 2030
FIG 13 North America Strapping Materials Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Cyklop GmbH
FIG 15 SWOT Analysis: UNIPACK Pte Ltd.
FIG 16 SWOT Analysis: Mosca GmbH
FIG 17 SWOT Analysis: TITAN Umreifungstechnik GmbH & Co. KG
FIG 18 SWOT Analysis: Burlan Manufacturing LLC
FIG 19 SWOT Analysis: 3M Company