Market Highlights:
Strapping refers to packaging material of plastic, Steel, Polyester, Nylon, Paper, and others. The strapping market has high growth prospects owing to increasing e-commerce industry. Increasing demand for household appliances, consumer electronics, medical devices, pharmaceutical products, and others supplementing the growth of strapping materials. Further, development in environment-friendly strapping material and increasing demand from numerous sectors such as construction, pharmaceutical, warehouse, logistics, and others driving the growth for the strapping market. The market study is being classified by Type (Steel Strapping, Polypropylene Strapping, Polyester Strapping, Nylon Strapping, Corded and woven Strapping, Paper Strapping and Composite Strapping) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Strapping are FROMM Group (Switzerland), Anshan Falan (China), Shanghai Baosteel Packaging Material Co., Ltd. (China), M.J.Maillis Group (United States), Polychem Corporation (United States), Mosca GmbH (Germany), Cordstrap India Private Limited (India), CBS Packaging Group (United Kingdom), Bhushan Steel (India), Scientex Berhad (Malaysia), Teufelberger (Germany), Signode (India), TITAN Umreifungstechnik (Germany) and Midfield industries LTD. (India).

The End User Industries, such as Food & Beverage, is boosting the Strapping market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

29th November 2018, CBS Packaging Group, cardboard box manufacturers invest in taping machinery to boost its e-commerce packaging business. The new taping equipment allows the company to produce corrugated packaging with pre-applied hot melt adhesive tapes.

Key Questions Answered in the Report
What will the Strapping Market size and the growth rate be in Future?
What are the key factors driving the Strapping Market?
What are the key market trends and macro-economic impacting the growth of the Strapping Market?
What are the challenges to market growth?
Who are the key vendors in the Strapping Market?
What are the market opportunities and threats faced by the vendors in the Strapping Market?
Trending factors influencing the market shares of the Vendors.
What are the key outcomes of the five forces analysis of the Strapping Market?

Refer complete Table of Content of Strapping Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Strapping market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Strapping market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Strapping, Raw Material Suppliers, Providers of Technologies Used for Manufacturing Strapping, Traders, Distributors, and Suppliers of Strapping, End-use Industries, Government and Regional Agencies and Research Organizations, Investment Research Firms, Government and Research Organizations, Associations and Industrial Bodies and Research and Consulting Firms.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.