Press release
PET straps market is expected to rise at a CAGR of ~6.8%, during the forecast period
FMI
A new forecast by FMI estimates that the PET straps profit margin will nearly double between 2021 and 2031. The majority of demand for PET straps is because of high usage in packaging heavy weight logistics due to it absorbs shocks and impacts during transportation.
Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13994
PET Straps Market: Introduction
PET straps are utilized in an extensive range of usage for holding, heavy-duty bailing, bundling, palletizing, load unitizing in several end-use industries. PET straps will witness an exponential rise in demand during the forecast period because of their increased usage for packaging applications in pharmaceuticals, automobiles, food & beverage, electrical & electronics and others.
PET straps demand is keenly due to the variety of usage for product packaging in several end-use sectors, by which there is always a huge competition between key players to procure next-generation packaging solutions for end-users.
Moreover, the excellent shock and impact absorbing qualities of PET straps are the biggest reason for its extensive usage for heavyweight applications. Major competitors are invested in research and development to increase the usage of PET straps for more end-use industries. These factors will augment the demand for PET Straps in the forecasted period.
What Accelerates the Market Growth of PET Straps?
The packaging sector across the globe is mainly focusing on providing sustainable yet biodegradable options for end-use industries. The rise in usage for environment-friendly packaging across the globe has subsequently skyrocketed the demand for the PET straps market in manufacturing sectors which include automobiles, food & beverage, retail, Electrical & electronics, pharmaceutical, and many more.
Ask an Analyst @ https://www.futuremarketinsights.com/askus/rep-gb-13994
The regulations and legislation placed on plastic by governments across the globe have affected the demand for PET Straps. The PET straps manufacturers are focused on increasing the production capacity along with finding innovations along the process. These factors are anticipated to drive the PET straps market.
What are Market Opportunities for PET Straps Market?
Numerous amount of opportunities is unfolding for the PET straps market, the ability to procure recyclable PET straps have taken the entire industry to follow the unexpected change. Extraction of contents from used PET straps and using them to manufacture PET Straps has plummeted the demand for the product. This added feather of technology will be a great opportunity to decrease the usage of finances in the raw material purchase and help increase the revenue of the PET straps market.
Competitive Landscape
Global Players: -
Linder GmbH
North Shore Strapping Inc
Consent LLC
Plastic Extruders Ltd.
Narrowtex (Pty) Ltd.
PAC Strapping Products
Polychem Corp.
D.J. Hookstraten
Sandex GmbH
Butig GmbH
DuBose Strapping Inc
APAC Players: -
Auto Strap India
Searo Packaging Co. Ltd.
S & K Packaging Industries
Dongguan Qianyi Packaging Products Co. Ltd.
Ruparel Polystrap Pvt. Ltd.
Signor Polymers Pvt. Ltd.
Qingdao Changyue Plastic Machinery Co. Ltd
Soundpoen Packaging Solution Co. Ltd.
Request Complete TOC @ https://www.futuremarketinsights.com/toc/rep-gb-13994
What Strategies Are Adopted by Key Players for Increasing their Market Share in the PET Straps Market?
The key competitors implement various strategies such as product launch, merger & acquisition, expansion, innovation and others to survive and compete in the market:
In 2018, MOSCA released SoniXs Ultra sealing technology will join the two open ends of the strap loop with modern strapping technology, also this tech can be used on plastic straps of polypropylene (PP) and polylactid (PLA).
Key Segments of PET Straps Market Covered in the Report
By Width:
5 - 15 mm
16 - 25 mm
26 - 35 mm
Above 35 mm
By Thickness:
Up to 5 mm
5.1 - 7.5 mm
7.6 - 10 mm
Above 10 mm
By Break Strength:
Up to 250 kg
251 - 500 kg
501 - 800 kg
Above 800 kg
By End-use Industries:
Healthcare & Pharmaceuticals
Chemicals
Electronics and Electricals
Food & Beverages
Homecare
Automobiles
Personal care & Cosmetics
Others
By Region:
North America
Latin America
Europe
East Asia
South Asia
The Middle East and Africa
Oceania
Contact:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
About Us
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release PET straps market is expected to rise at a CAGR of ~6.8%, during the forecast period here
News-ID: 2707456 • Views: …
More Releases from Future Market Insights
Extruded Snacks Market to Reach USD 170.3 Billion by 2035 Amid Health and Conven …
A new market analysis released today projects the global extruded snacks market to surge from an estimated USD 89.9 billion in 2025 to USD 170.3 billion by 2035, demonstrating a robust Compound Annual Growth Rate (CAGR) of 6.6%. The market is set to deliver an impressive absolute dollar opportunity of USD 80.4 billion over the forecast period, driven by a global consumer shift towards convenient, shelf-stable, and healthier snack options.
The…
Global Banana Flakes Market Soars to USD 876.1 million by 2035, Driven by Health …
A new market analysis reveals the global banana flakes market is set to expand significantly, projecting a robust Compound Annual Growth Rate (CAGR) of 4.6% from 2025 to 2035. The market, valued at USD 559.6 million in 2025, is forecast to reach USD 876.1 million by 2035, fueled by a rising consumer preference for natural, gluten-free, and plant-based ingredients in daily food choices.
This press release offers a detailed look into…
Confectionery Fillings Market Sweetens Global Outlook, Projected to Reach USD 2. …
The global confectionery fillings market is poised for significant growth, with a new market analysis revealing a robust expansion fueled by a surge in consumer demand for innovative flavors and indulgent textures. According to the analysis, the market is estimated at USD 1381.2 million in 2025 and is projected to reach USD 2207.4 million by 2035, exhibiting a healthy compound annual growth rate (CAGR) of 4.8% during the forecast period.
The…
Water Softener Market to Skyrocket to USD 8.7 Billion by 2035, Driven by Smart T …
A new market analysis reveals the global water softener market is poised for significant expansion, with a forecasted value of USD 8.7 billion by 2035. The report, covering the period from 2025 to 2035, projects a robust Compound Annual Growth Rate (CAGR) of 8.3%, up from an estimated USD 3.9 billion valuation in 2025. This surge is fueled by a combination of factors, including increasing consumer awareness of hard water's…
More Releases for PET
Pet Travel Services Market Is Booming So Rapidly | RoyalPaws, Pet Port, Pet Oasi …
The Global Pet Travel Services Market Size is estimated at $2.8 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 8.6% to reach $5.9 Billion by 2034.
The latest study released on the Global Pet Travel Services Market by USD Analytics Market evaluates market size, trend, and forecast to 2034. The Pet Travel Services market study covers significant research data and proofs to be a handy…
Pet Carriers Market is Booming Worldwide | K&H Manufacturing, Sherpa Pet, Quaker …
Worldwide Pet Carriers Market In-depth Research Report 2024, Forecast to 2030 is the latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities, and leveraging strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Worldwide Pet Carriers Market. Some of the key players profiled in the study are K&H Manufacturing…
Pet Air Shipping Service Market Growth Expected to See Next Level: Pet Travel, P …
Latest Study on Industrial Growth of Global Pet Air Shipping Service Market 2024-2030. A detailed study accumulated to offer the Latest insights about acute features of the Pet Air Shipping Service market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study…
Pet Shops Market 2023- Industry Comprehensive Understanding | PETSMART, PETCO, P …
The Pet Shops market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with development…
Pet Bag Market Set for More Growth : Gen7Pets, Sherpa Pet, Quaker Pet
Advance Market Analytics published a new research publication on "Pet Bag Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Pet Bag market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled…
Pet Veterinary Diets Market 2019 Industry Dynamics - Mars, Farmina Pet Foods, Ni …
Recent market research study Global Pet Veterinary Diets Market 2019-2024 now available with Fior Markets provides a comprehensive market analysis based on past and current situation of the market. The report covers future trends, current growth drivers, thoughtful insights, facts, market valuation, competitive spectrum, regional share, and revenue predictions. The report shows the market size, share, business growth enhancers, and obstructers, prior and current trends being followed by the market.…
