Press release
Japan Plastic Straps Market is to reach around USD 1.0 billion by 2033-Driven by E-commerce Growth, Sustainable Packaging Innovations, and Advanced Manufacturing Technologies | 2025
Plastic Straps Market
Global Plastic Straps Market reached US$ 3.2 billion in 2023 and is expected to reach US$ 9.4 billion by 2031, growing with a CAGR of 14.42% during the forecast period 2024-2031.
The Market is growing due to rising demand from packaging, logistics, and construction sectors, along with increased use of durable, lightweight, and recyclable materials for safe product transportation.
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Recent Product Launches in the Japan market
November 2025: Strapack Corporation launched a new generation of energy-efficient automatic strapping machines, designed to minimize power consumption, supporting Japan's sustainable packaging push.
October 2025: Yamada Manufacturing Co. introduced biodegradable plastic straps made from plant-based polymers, aligning with Japan's green manufacturing initiatives and waste reduction policies.
September 2025: Toshiba Materials partnered with local packaging firms to develop high-durability PET straps for construction and industrial use, promoting strength and recyclability.
Recent Mergers & Acquisitions
October 2025: A notable M&A saw a major Japanese packaging firm acquire a local startup specializing in biodegradable plastic strap innovations to expand its green product portfolio.
August 2025: Strategic consolidation took place as a large manufacturer merged with a regional PET strap producer to boost production capacity and market reach.
June 2025: Several mid-sized firms in Japan's plastic straps sector formed joint ventures to pool resources and enhance R&D on eco-friendly materials.
Market Segmentation Analysis
By Type
-Polypropylene Straps dominate with approx. 60% market share in 2025, due to cost efficiency, lightweight, and broad industrial use.
-Polyester Straps hold around 25%, favored for high tensile strength and heavy-duty applications like steel and fiber bundling.
-Nylon Straps and Others segment cover the remaining 15%, used for specialized or niche applications requiring enhanced flexibility or durability.
By End-User Industry
-Steel and Fiber industries lead consumption, accounting for about 40% of the market, driven by demand for secure and durable strapping in manufacturing and logistics.
-Paper, Bricks & Tiles sectors collectively hold approximately 30%, boosted by packaging needs and construction growth.
-Cotton and Other industries make up the remaining 30%, supported by expanding agricultural and textile packaging requirements.
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Growth Drivers:-
Increasing demand for efficient and high-quality packaging in automotive, electronics, and food processing sectors.
Focus on sustainability, with a rising interest in recyclable and resource-efficient plastic straps.
Need for secure packaging to support domestic distribution and high-value exports.
Emphasis on minimizing transit damage and improving supply chain efficiency through durable, high-performance straps.
Regional Insights:-
Japan
The Japan plastic strap market is mature and shows stable growth, fueled by a robust manufacturing sector emphasizing high-quality packaging solutions, especially in electronics, automotive, and food processing industries.
The market demand is driven by the need for secure, durable packaging materials to minimize transit damage in both domestic and export markets.
Japan focuses on sustainability, leading to increased interest in recyclable and resource-efficient plastic strapping products aligned with environmental regulations.
Technological advancements and automation in manufacturing improve product quality, supporting Japan's stringent quality and safety standards.
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Key Players:
Simply Packed
MARUSAN Chemical Co., Ltd.
Ito-toshi
Sanwa Corporation Co., Ltd.
Midorikawa Chemical Industry Co., Ltd.
Wintex Co., Ltd.
Fujitex Co., Ltd.
Sekisui Jushi Co., Ltd.
StraPack Corp
Key Highlights
Simply Packed holds about 25% market share in Japan's plastic strap market, recognized for its cost-effective PP straps and strong distribution network.
MARUSAN Chemical Co., Ltd. commands approximately 20%, noted for advanced material technology focused on recyclable and high-strength straps for industrial use.
Ito-toshi has 18% market share, specializing in customized strapping solutions for automotive and electronics sectors emphasizing durability and precision.
Sanwa Corporation Co., Ltd. accounts for 15%, leveraging innovation in eco-friendly plastic strap compositions aligned with Japan's environmental regulations.
Key development :-
In October 2025, Yamada Manufacturing Co. launched biodegradable plastic straps made from plant-based polymers, contributing to Japan's green manufacturing and waste reduction goals.
September 2025 saw Toshiba Materials partner with local packaging firms to develop high-strength recyclable PET straps for construction and industrial use, enhancing product durability and sustainability.
Growing demand driven by expanding e-commerce, logistics, automotive, and electronics sectors emphasizes the need for durable, high-quality, and eco-friendly strapping solutions.
Technological advancements such as AI-driven automation and smart strapping with embedded sensors are improving precision, efficiency, and quality control in packaging.
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