The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the strapping materials market include Cyklop International, Dynaric, Inc., Milan Ligocki UNIPACK, Mosca GmbH, Panorama Packaging Pvt. Ltd., Plastofine Industries, Polychem Corporation, Signode Packaging Systems Corporation, Signor Polymers Pvt. Ltd., StraPack, Inc., The 3M Company and Titan Umreifungstechnik GmbH & Co. KG. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
The increasing demand from end-use industries owing to rapid globalization and industrialization is driving the market growth. Additionally, the growing packaging industry and rising demand of strapping material across consumer electronics, household appliances, pharmaceutical products, medical devices, and textile goods are further fuelling the market growth. Furthermore, increasing use of plastic strapping due to its high break strength, elongation & recovery, and ability to withstand high tension are expected to offer a new growth opportunity to the market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of strapping materials.
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Market Segmentation
This section of the Strapping Materials market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Food & Beverage
- Industrial Logistics & Warehouse
- Corrugated Cardboard & Paper
- Newspaper & Graphics
- Building & Construction
- Metal
By Product
- Steel
- Polypropylene (PP)
- Polyester (PET)
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for strapping materials in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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