The Polyester Straps Market size was USD 1.55 billion in 2023 and is expected to Reach USD 2.04 billion by 2031 and grow at a CAGR of 3.5% over the forecast period of 2024-2031.
Technological progress in strap manufacturing has been instrumental in driving the growth of the polyester straps market. These advancements have resulted in the creation of high-quality straps with enhanced properties, rendering them more durable, dependable, and effective for a variety of strapping purposes. Progress in polymer chemistry has led to the improvement of polyester resins, offering enhanced properties. Polyester straps commonly utilize polyethylene terephthalate (PET) resin, renowned for its exceptional strength, flexibility, and resistance to abrasion.
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The rise of e-commerce, facilitated by the convenience of online shopping, is set to propel the growth of the polyester straps market. E-commerce has streamlined distribution channels, enhanced the precision and efficiency of business transactions, and revolutionized purchases across sectors such as electronics and textiles. The utilization of sustainable polyester straps presents numerous advantages. It diminishes dependence on non-renewable resources and lowers the carbon footprint linked to the manufacturing of new materials. By incorporating recycled or recyclable materials, the environmental impact of polyester straps is notably minimized.
KEY DRIVERS:
The automotive sector's increasing demand is anticipated to positively propel market growth.
A significant trend driving growth in the polyester straps market is the adoption of lightweight and high-performance straps. These straps combine strength with lightweight properties, making them ideal for industries focused on weight reduction and operational efficiency. They are particularly valuable in sectors like logistics, shipping, and warehousing, where extensive strapping is common.
Polyester straps, prized for their durability, safety, and exceptional UV resistance, offer sustainable packaging solutions.
RESTRAIN:
The increasing dependence on conventional and time-honored approaches is likely to impede the growth of the polyester strap market.
OPPORTUNITY:
Market growth is anticipated to be driven by opportunities for customization and branding.
Increased innovation and heightened product awareness are contributing to the market's growth.
Manufacturers are increasingly focusing on innovation and product development, creating lucrative opportunities for market players. Additionally, the rising consumer awareness regarding sustainable and eco-friendly packaging is anticipated to fuel further growth in the polyester strap market.
CHALLENGES:
Disruptions in the supply chain pose a significant threat to the market's stability and growth.
Fluctuations in raw material prices are anticipated to pose a challenge for the polyester strap market.
The escalating prices of essential raw materials such as crude oil and food, coupled with increased labor costs, pose significant concerns for the global textile and clothing industry. Many Asian economies heavily depend on imports of Russian coal and oil, as well as Ukrainian food supplies. Turkey has experienced a surge in inflation, reaching approximately 53.5%. Before the crisis, Russia and Ukraine collectively accounted for approximately 10% of the European retail market. However, the depreciation of the Russian currency has led to declining demand for Russian brands. Meanwhile, fashion retailers are compelled to raise prices due to escalating fuel and raw material expenses. For example, the costs of polyester and nylon have surged due to the increase in crude oil prices. This collectively led to hamper the polyester strap market.
During economic slowdowns, industries often experience reduced production and lower consumer demand, resulting in decreased manufacturing activities and shipment volumes. This decline in industrial output directly affects the demand for packaging materials like polyester straps, as there are fewer goods to bundle and secure for transportation. As a result, the polyester strap market experiences a decrease in demand, leading to slower growth or even contraction. Companies may implement cost-cutting measures, which could include reducing expenses on packaging materials like polyester straps.
By Packing Grade
Hand Grade
Machine Grade
By Width
5-15 mm
15-25 mm
25-35 mm
Above 35 mm
The segment with a width ranging from 5 mm to 15 mm accounted for the largest share, contributing approximately 62% to the revenue of the Polyester Strap for Manual Grade Market. This significant market share can be attributed to the high strength and excellent elongation properties of polyester straps, even with minimal width, making them favorable for various end-user industries and logistical partners.
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By Thickness
Less than 0.50 mm
0.50 mm - 0.75 mm
0.76 mm - 1.00 mm
Above 1.00 mm
The segment with a thickness of 0.5 mm to 0.75 mm held the largest market share and is expected to experience rapid growth during the forecast period. This is attributed to the widespread use of PET straps within this thickness range compared to other strap sizes. These straps are commonly employed in industrial sectors to handle medium to heavy loads during packaging processes. Consequently, the increasing demand for PET straps with a thickness of 0.5 mm to 0.75 mm is driving positive growth in the market.
By Type
Polyethylene Terephthalate (PET) Straps
Polypropylene (PP) Straps
Nylon Straps
Paper Straps
Composite Straps
Woven Straps Others
The Woven Strapping type segment dominated the Polyester Strap for Manual Grade Market, accounting for approximately 59% of the market revenue. Woven polyester strapping offers superior strength and durability due to its cross-woven polyester yarn strands coated with cold glue. This type of strapping is highly resistant to chafing and shearing, making it ideal for use with rough-edged consignments.
By Application
Heavy Duty Bailing and Others
Bundling
Palletizing/ Load Unitizing
Bundling will dominate the market. Ensuring cargo safety throughout the supply chain, from manufacturing to the final consumer, is paramount. Loose goods carry the risk of spillage or damage at any stage, leading to irreparable losses for all involved parties. Bundling has become the go-to method universally adopted to safeguard cargo and enhance its safety during all forms of transportation.
By Breaking Strength
Up to 220kg
221kg to 300kg
301kg to 500kg
501kg to 1,000kg
Above 1,000kg
The segment with breaking strengths ranging from 301 to 500 kg emerged as the market leader and is anticipated to experience accelerated growth throughout the forecast period. This is essential for shipments with multiple stops, and polyester corded strapping, despite its lack of stretch, offers flexibility. PET straps with breaking strengths of 301 to 500 kg are preferred, driving market growth for Polyester Straps for Manual Grade.
By End-Use Industry
Food and Beverage,
Pharmaceuticals,
Electrical and Electronics, Automotive,
Construction and Allied Industries,
Paper and Allied Industries,
Textiles and Apparels,
Chemical and Fertilizers,
Others
The Paper & Allied Industries segment led the market and is expected to experience accelerated growth during the forecast period. Paper mills prioritize the selection of strapping materials for bundling and stacking finished paper products. PET strapping for manual grade stands out as a top choice in this industry due to its high strength, non-corrosive nature, and low coefficient of friction.
The Asia Pacific region stands as the leading consumer and producer of manual-grade polyester straps, driven by the presence of rapidly expanding economies like China and India. Factors such as population growth contribute significantly to the market's growth in this region. Increased demand from end-user industries in developing nations like India, Indonesia, and Thailand is expected to further propel market growth. The Asia Pacific region dominates the global PET strap market for manual use, particularly due to the rapid expansion of the automobile industry. Additionally, PET straps find extensive application in the logistics sector across Asia Pacific. China and India rank among the largest packaging markets globally.
The North American region is witnessing a surge in demand for polyester straps, particularly within the automobile sector. This industry requires materials characterized by durability, sufficient strength, and lightweight properties. Polyester straps offer a cost-effective alternative to other strapping solutions, notably steel strapping. Consumers are propelling the market for polyester straps due to their high tensile strength, affordability, lightweight nature, and other advantageous properties. Manufacturers in this region prefer polyester straps over alternative strapping solutions due to these favorable attributes.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Major players in Polyester Straps Market are Auto Strap, Linder GmbH, FROMM Packaging, S&K Packaging Inc., TEUFELBERGER, De Webmakers Webdesign Bureau, Dubose Strapping, Greenbridge, North Shore Strapping Inc., Samuel Strapping, and others.
S&K Packaging Inc-Company Financial Analysis
In June 2022, Samuel Strapping Systems, a division of Samuel, Son & Co., Limited, introduced its latest range of heavy-duty polyester strapping tailored for the lumber industry. This strapping features impressive tensile strength and outstanding resistance to environmental conditions, guaranteeing the secure bundling and protection of lumber products during storage and transportation.
In March 2022, FROMM Packaging Systems, a globally acclaimed pioneer in packaging technology, launched its newest advancement in polyester strapping: the FROMM Embosser. This cutting-edge strapping technology merges the advantages of embossed strapping with precise printing capabilities, enabling customized branding and enhanced load security.
In March 2021, BONZOBAND Strapping Systems Ltd. introduced a new addition to its product range: a robust 16mm woven polyester strapping solution designed for heavy-duty applications. This innovative strapping solution offers increased strength and durability to meet the demanding requirements of various industries.
| Report Attributes | Details |
| Market Size in 2023 | US$ 1.55 Billion |
| Market Size by 2031 | US$ 2.04 Billion |
| CAGR | CAGR of 3.5 % From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Polyethylene Terephthalate (PET) Straps, Polypropylene (PP) Straps, Nylon Straps, Paper Straps, Composite Straps, Woven Straps Others) • By Application (Heavy Duty Bailing and Others, Bundling, Palletizing/ Load Unitizing) • By Breaking Strength (Up to 220kg, 221kg to 300kg, 301kg to 500kg, 501kg to 1,000kg, Above 1,000kg) • By End-Use Industry (Food and Beverage, Pharmaceuticals, Electrical and Electronics, Automotive, Construction and Allied Industries, Paper and Allied Industries, Textiles and Apparels, Chemical and Fertilizers, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Auto Strap, Linder GmbH, FROMM Packaging, S&K Packaging Inc., TEUFELBERGER, De Webmakers Webdesign Bureau, Dubose Strapping, Greenbridge, North Shore Strapping Inc., Samuel Strapping |
| Key Drivers | • The rising demand from the automotive sector is expected to drive market growth positively. • The polyester straps, known for their durability, safety, and high resistance to UV light, serve as sustainable packaging solutions. |
| Challenges | • Disruptions in the supply chain pose a significant threat to the market's stability and growth. • The fluctuations in raw material prices are expected to present a drawback for the polyester strap market. |
Ans: The Polyester Straps Market is expected to grow at a CAGR of 3.5 %.
Ans: The Polyester Straps Market size was USD 1.55 billion in 2023 and is expected to Reach USD 2.04 billion by 2031.
Ans: A key driver is the rising demand from the automotive sector is expected to drive market growth positively.
Ans: The growing reliance on traditional and established methods is expected to hamper the expansion of the polyester strap market.
Ans: The Asia-pacific region held the largest market share and will continue to dominate the market.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Polyester Straps Market Segmentation, By Packing Grade
9.1 Introduction
9.2 Trend Analysis
9.3 Hand Grade
9.4 Machine Grade
10. Polyester Straps Market Segmentation, By Width
10.1 Introduction
10.2 Trend Analysis
10.3 5-15 mm
10.4 15-25 mm
10.5 25-35 mm
10.6 Above 35 mm
11. Polyester Straps Market Segmentation, By Thickness
11.1 Introduction
11.2 Trend Analysis
11.3 Less than 0.50 mm
11.4 0.50 mm - 0.75 mm
11.5 0.76 mm - 1.00 mm
11.6 Above 1.00 mm
12. Polyester Straps Market Segmentation, By Type
12.1 Introduction
12.2 Trend Analysis
12.3 Polyethylene Terephthalate (PET) Straps
12.4 Polypropylene (PP) Straps
12.5 Nylon Straps
12.6 Paper Straps
12.7 Composite Straps
12.8 Woven Straps Others
13. Polyester Straps Market Segmentation, By Application
13.1 Introduction
13.2 Trend Analysis
13.3 Heavy Duty Bailing and Others
13.4 Bundling
13.5 Palletizing/ Load Unitizing
14. Polyester Straps Market Segmentation, By Breaking Strength
14.1 Introduction
14.2 Trend Analysis
14.3 Up to 220kg
14.4 221kg to 300kg
14.5 301kg to 500kg
14.6 501kg to 1,000kg
14.7 Above 1,000kg
15. Polyester Straps Market Segmentation, By End-Use Industry
15.1 Introduction
15.2 Trend Analysis
15.3 Food and Beverage
15.4 Pharmaceuticals
15.5 Electrical and Electronics, Automotive
15.6 Construction and Allied Industries
15.7 Paper and Allied Industries
15.8 Textiles and Apparels
15.9 Chemical and Fertilizers
15.10 Other
16. Regional Analysis
16.1 Introduction
16.2 North America
16.2.1 Trend Analysis
16.2.2 North America Polyester Straps Market By Country
16.2.3 North America Polyester Straps Market By Packing Grade
16.2.4 North America Polyester Straps Market By Width
16.2.5 North America Polyester Straps Market By Thickness
16.2.6 North America Polyester Straps Market, By Type
16.2.7 North America Polyester Straps Market, By Application
16.2.8 North America Polyester Straps Market Segmentation, By Breaking Strength
16.2.9 North America Polyester Straps Market Segmentation, By End-Use Industry
16.2.10 USA
16.2.10.1 USA Polyester Straps Market By Packing Grade
16.2.10.2 USA Polyester Straps Market By Width
16.2.10.3 USA Polyester Straps Market By Thickness
16.2.10.4 USA Polyester Straps Market, By Type
16.2.10.5 USA Polyester Straps Market, By Application
16.2.10.6 USA Polyester Straps Market Segmentation, By Breaking Strength
16.2.10.7 USA Polyester Straps Market Segmentation, By End-Use Industry
16.2.11 Canada
16.2.11.1 Canada Polyester Straps Market By Packing Grade
16.2.11.2 Canada Polyester Straps Market By Width
16.2.11.3 Canada Polyester Straps Market By Thickness
16.2.11.4 Canada Polyester Straps Market, By Type
16.2.11.5 Canada Polyester Straps Market, By Application
16.2.11.6 Canada Polyester Straps Market Segmentation, By Breaking Strength
16.2.11.7 Canada Polyester Straps Market Segmentation, By End-Use Industry
16.2.12 Mexico
16.2.12.1 Mexico Polyester Straps Market By Packing Grade
16.2.12.2 Mexico Polyester Straps Market By Width
16.2.12.3 Mexico Polyester Straps Market By Thickness
16.2.12.4 Mexico Polyester Straps Market, By Type
16.2.12.5 Mexico Polyester Straps Market, By Application
16.2.12.6 Mexico Polyester Straps Market Segmentation, By Breaking Strength
16.2.12.7 Mexico Polyester Straps Market Segmentation, By End-Use Industry
16.3 Europe
16.3.1 Trend Analysis
16.3.2 Eastern Europe
16.3.2.1 Eastern Europe Polyester Straps Market By Country
16.3.2.2 Eastern Europe Polyester Straps Market By Packing Grade
16.3.2.3 Eastern Europe Polyester Straps Market By Width
16.3.2.4 Eastern Europe Polyester Straps Market By Thickness
16.3.2.5 Eastern Europe Polyester Straps Market By Type
16.3.2.6 Eastern Europe Polyester Straps Market, By Application
16.3.2.7 Eastern Europe Polyester Straps Market Segmentation, By Breaking Strength
16.3.2.8 Eastern Europe Polyester Straps Market Segmentation, By End-Use Industry
16.3.2.9 Poland
16.3.2.9.1 Poland Polyester Straps Market By Packing Grade
16.3.2.9.2 Poland Polyester Straps Market By Width
16.3.2.9.3 Poland Polyester Straps Market By Thickness
16.3.2.9.4 Poland Polyester Straps Market By Type
16.3.2.9.5 Poland Polyester Straps Market, By Application
16.3.2.9.6 Poland Polyester Straps Market Segmentation, By Breaking Strength
16.3.2.9.7 Poland Polyester Straps Market Segmentation, By End-Use Industry
16.3.2.10 Romania
16.3.2.10.1 Romania Polyester Straps Market By Packing Grade
16.3.2.10.2 Romania Polyester Straps Market By Width
16.3.2.10.3 Romania Polyester Straps Market By Thickness
16.3.2.10.4 Romania Polyester Straps Market By Type
16.3.2.10.5 Romania Polyester Straps Market, By Application
16.3.2.10.6 Romania Polyester Straps Market Segmentation, By Breaking Strength
16.3.2.10.7 Romania Polyester Straps Market Segmentation, By End-Use Industry
16.3.2.11 Hungary
16.3.2.11.1 Hungary Polyester Straps Market By Packing Grade
16.3.2.11.2 Hungary Polyester Straps Market By Width
16.3.2.11.3 Hungary Polyester Straps Market By Thickness
16.3.2.11.4 Hungary Polyester Straps Market By Type
16.3.2.11.5 Hungary Polyester Straps Market, By Application
16.3.2.11.6 Hungary Polyester Straps Market Segmentation, By Breaking Strength
16.3.2.11.7 Hungary Polyester Straps Market Segmentation, By End-Use Industry
16.3.2.12 Turkey
16.3.2.12.1 Turkey Polyester Straps Market By Packing Grade
16.3.2.12.2 Turkey Polyester Straps Market By Width
16.3.2.12.3 Turkey Polyester Straps Market By Thickness
16.3.2.12.4 Turkey Polyester Straps Market By Type
16.3.2.12.5 Turkey Polyester Straps Market, By Application
16.3.2.12.6 Turkey Polyester Straps Market Segmentation, By Breaking Strength
16.3.2.12.7 Turkey Polyester Straps Market Segmentation, By End-Use Industry
16.3.2.13 Rest of Eastern Europe
16.3.2.13.1 Rest of Eastern Europe Polyester Straps Market By Packing Grade
16.3.2.13.2 Rest of Eastern Europe Polyester Straps Market By Width
16.3.2.13.3 Rest of Eastern Europe Polyester Straps Market By Thickness
16.3.2.13.4 Rest of Eastern Europe Polyester Straps Market By Type
16.3.2.13.5 Rest of Eastern Europe Polyester Straps Market, By Application
16.3.2.13.6 Rest of Eastern Europe Polyester Straps Market Segmentation, By Breaking Strength
16.3.2.13.7 Rest of Eastern Europe Polyester Straps Market Segmentation, By End-Use Industry
16.3.3 Western Europe
16.3.3.1 Western Europe Polyester Straps Market By Country
16.3.3.2 Western Europe Polyester Straps Market By Packing Grade
16.3.3.3 Western Europe Polyester Straps Market By Width
16.3.3.4 Western Europe Polyester Straps Market By Thickness
16.3.3.5 Western Europe Polyester Straps Market By Type
16.3.3.6 Western Europe Polyester Straps Market, By Application
16.3.3.7 Western Europe Polyester Straps Market Segmentation, By Breaking Strength
16.3.3.8 Western Europe Polyester Straps Market Segmentation, By End-Use Industry
16.3.3.9 Germany
16.3.3.9.1 Germany Polyester Straps Market By Packing Grade
16.3.3.9.2 Germany Polyester Straps Market By Width
16.3.3.9.3 Germany Polyester Straps Market By Thickness
16.3.3.9.4 Germany Polyester Straps Market By Type
16.3.3.9.5 Germany Polyester Straps Market, By Application
16.3.3.9.6 Germany Polyester Straps Market Segmentation, By Breaking Strength
16.3.3.9.7 Germany Polyester Straps Market Segmentation, By End-Use Industry
16.3.3.10 France
16.3.3.10.1 France Polyester Straps Market By Packing Grade
16.3.3.10.2 France Polyester Straps Market By Width
16.3.3.10.3 France Polyester Straps Market By Thickness
16.3.3.10.4 France Polyester Straps Market By Type
16.3.3.10.5 France Polyester Straps Market, By Application
16.3.3.10.6 France Polyester Straps Market Segmentation, By Breaking Strength
16.3.3.10.7 France Polyester Straps Market Segmentation, By End-Use Industry
16.3.3.11 UK
16.3.3.11.1 UK Polyester Straps Market By Packing Grade
16.3.3.11.2 UK Polyester Straps Market By Width
16.3.3.11.3 UK Polyester Straps Market By Thickness
16.3.3.11.4 UK Polyester Straps Market By Type
16.3.3.11.5 UK Polyester Straps Market, By Application
16.3.3.11.6 UK Polyester Straps Market Segmentation, By Breaking Strength
16.3.3.11.7 UK Polyester Straps Market Segmentation, By End-Use Industry
16.3.3.12 Italy
16.3.3.12.1 Italy Polyester Straps Market By Packing Grade
16.3.3.12.2 Italy Polyester Straps Market By Width
16.3.3.12.3 Italy Polyester Straps Market By Thickness
16.3.3.12.4 Italy Polyester Straps Market By Type
16.3.3.12.5 Italy Polyester Straps Market, By Application
16.3.3.12.6 Italy Polyester Straps Market Segmentation, By Breaking Strength
16.3.3.12.7 Italy Polyester Straps Market Segmentation, By End-Use Industry
16.3.3.13 Spain
16.3.3.13.1 Spain Polyester Straps Market By Packing Grade
16.3.3.13.2 Spain Polyester Straps Market By Width
16.3.3.13.3 Spain Polyester Straps Market By Thickness
16.3.3.13.3 Spain Polyester Straps Market By Type
16.3.3.13.4 Spain Polyester Straps Market, By Application
16.3.3.13.6 Spain Polyester Straps Market Segmentation, By Breaking Strength
16.3.3.13.7 Spain Polyester Straps Market Segmentation, By End-Use Industry
16.3.3.14 Netherlands
16.3.3.14.1 Netherlands Polyester Straps Market By Packing Grade
16.3.3.14.2 Netherlands Polyester Straps Market By Width
16.3.3.14.3 Netherlands Polyester Straps Market By Thickness
16.3.3.14.3 Netherlands Polyester Straps Market By Type
16.3.3.14.4 Netherlands Polyester Straps Market, By Application
16.3.3.14.6 Netherlands Polyester Straps Market Segmentation, By Breaking Strength
16.3.3.14.7 Netherlands Polyester Straps Market Segmentation, By End-Use Industry
16.3.3.15 Switzerland
16.3.3.15.1 Switzerland Polyester Straps Market By Packing Grade
16.3.3.15.2 Switzerland Polyester Straps Market By Width
16.3.3.15.3 Switzerland Polyester Straps Market By Thickness
16.3.3.15.4 Switzerland Polyester Straps Market By Type
16.3.3.15.5 Switzerland Polyester Straps Market, By Application
16.3.3.15.6 Switzerland Polyester Straps Market Segmentation, By Breaking Strength
16.3.3.15.7 Switzerland Polyester Straps Market Segmentation, By End-Use Industry
16.3.3.16 Austria
16.3.3.16.1 Austria Polyester Straps Market By Packing Grade
16.3.3.16.2 Austria Polyester Straps Market By Width
16.3.3.16.3 Austria Polyester Straps Market By Thickness
16.3.3.16.4 Austria Polyester Straps Market By Type
16.3.3.16.5 Austria Polyester Straps Market, By Application
16.3.3.16.6 Austria Polyester Straps Market Segmentation, By Breaking Strength
16.3.3.16.7 Austria Polyester Straps Market Segmentation, By End-Use Industry
16.3.3.17 Rest of Western Europe
16.3.3.17.1 Rest of Western Europe Polyester Straps Market By Packing Grade
16.3.3.17.2 Rest of Western Europe Polyester Straps Market By Width
16.3.3.17.3 Rest of Western Europe Polyester Straps Market By Thickness
16.3.3.17.4 Rest of Western Europe Polyester Straps Market By Type
16.3.3.17.5 Rest of Western Europe Polyester Straps Market, By Application
16.3.3.17.6 Rest of Western Europe Polyester Straps Market Segmentation, By Breaking Strength
16.3.3.17.7 Rest of Western Europe Polyester Straps Market Segmentation, By End-Use Industry
16.4 Asia-Pacific
16.4.1 Trend Analysis
16.4.2 Asia-Pacific Polyester Straps Market By country
16.4.3 Asia-Pacific Polyester Straps Market By Packing Grade
16.4.4 Asia-Pacific Polyester Straps Market By Width
16.4.5 Asia-Pacific Polyester Straps Market By Thickness
16.4.6 Asia-Pacific Polyester Straps Market By Type
16.4.7 Asia-Pacific Polyester Straps Market, By Application
16.3.8 Asia-Pacific Polyester Straps Market Segmentation, By Breaking Strength
16.3.9 Asia-Pacific Polyester Straps Market Segmentation, By End-Use Industry
16.4.10 China
16.4.10.1 China Polyester Straps Market By Packing Grade
16.4.10.2 China Polyester Straps Market By Width
16.4.10.3 China Polyester Straps Market By Thickness
16.4.10.4 China Polyester Straps Market By Type
16.4.10.5 China Polyester Straps Market, By Application
16.4.10.6 China Polyester Straps Market Segmentation, By Breaking Strength
16.4.10.7 China Polyester Straps Market Segmentation, By End-Use Industry
16.4.11 India
16.4.11.1 India Polyester Straps Market By Packing Grade
16.4.11.2 India Polyester Straps Market By Width
16.4.11.3 India Polyester Straps Market By Thickness
16.4.11.4 India Polyester Straps Market By Type
16.4.11.5 India Polyester Straps Market, By Application
16.4.11.6 India Polyester Straps Market Segmentation, By Breaking Strength
16.4.11.7 India Polyester Straps Market Segmentation, By End-Use Industry
16.4.12 Japan
16.4.12.1 Japan Polyester Straps Market By Packing Grade
16.4.12.2 Japan Polyester Straps Market By Width
16.4.12.3 Japan Polyester Straps Market By Thickness
16.4.12.4 Japan Polyester Straps Market By Type
16.4.12.5 Japan Polyester Straps Market, By Application
16.4.12.6 Japan Polyester Straps Market Segmentation, By Breaking Strength
16.4.12.7 Japan Polyester Straps Market Segmentation, By End-Use Industry
16.4.13 South Korea
16.4.13.1 South Korea Polyester Straps Market By Packing Grade
16.4.13.2 South Korea Polyester Straps Market By Width
16.4.13.3 South Korea Polyester Straps Market By Thickness
16.4.13.4 South Korea Polyester Straps Market By Type
16.4.13.5 South Korea Polyester Straps Market, By Application
16.4.13.6 South Korea Polyester Straps Market Segmentation, By Breaking Strength
16.4.13.7 South Korea Polyester Straps Market Segmentation, By End-Use Industry
16.4.14 Vietnam
16.4.14.1 Vietnam Polyester Straps Market By Packing Grade
16.4.14.2 Vietnam Polyester Straps Market By Width
16.4.14.3 Vietnam Polyester Straps Market By Thickness
16.4.14.4 Vietnam Polyester Straps Market By Type
16.4.14.5 Vietnam Polyester Straps Market, By Application
16.4.14.6 Vietnam Polyester Straps Market Segmentation, By Breaking Strength
16.4.14.7 Vietnam Polyester Straps Market Segmentation, By End-Use Industry
16.4.15 Singapore
16.4.15.1 Singapore Polyester Straps Market By Packing Grade
16.4.15.2 Singapore Polyester Straps Market By Width
16.4.15.3 Singapore Polyester Straps Market By Thickness
16.4.15.4 Singapore Polyester Straps Market By Type
16.4.15.5 Singapore Polyester Straps Market, By Application
16.4.15.6 Singapore Polyester Straps Market Segmentation, By Breaking Strength
16.4.15.7 Singapore Polyester Straps Market Segmentation, By End-Use Industry
16.4.16 Australia
16.4.16.1 Australia Polyester Straps Market By Packing Grade
16.4.16.2 Australia Polyester Straps Market By Width
16.4.16.3 Australia Polyester Straps Market By Thickness
16.4.16.4 Australia Polyester Straps Market By Type
16.4.16.5 Australia Polyester Straps Market, By Application
16.4.16.6 Australia Polyester Straps Market Segmentation, By Breaking Strength
16.4.16.7 Australia Polyester Straps Market Segmentation, By End-Use Industry
16.4.17 Rest of Asia-Pacific
16.4.17.1 Rest of Asia-Pacific Polyester Straps Market By Packing Grade
16.4.17.2 Rest of Asia-Pacific Polyester Straps Market By Width
16.4.17.3 Rest of Asia-Pacific Polyester Straps Market By Thickness
16.4.17.4 Rest of Asia-Pacific Polyester Straps Market By Type
16.4.17.5 Rest of Asia-Pacific Polyester Straps Market, By Application
16.4.17.6 Rest of Asia-Pacific Polyester Straps Market Segmentation, By Breaking Strength
16.4.17.7 Rest of Asia-Pacific Polyester Straps Market Segmentation, By End-Use Industry
16.5 Middle East & Africa
16.5.1 Trend Analysis
16.5.2 Middle East
16.5.2.1 Middle East Polyester Straps Market By Country
16.5.2.2 Middle East Polyester Straps Market By Packing Grade
16.5.2.3 Middle East Polyester Straps Market By Width
16.5.2.4 Middle East Polyester Straps Market By Thickness
16.5.2.5 Middle East Polyester Straps Market By Type
16.5.2.6 Middle East Polyester Straps Market, By Application
16.4.2.7 Middle East Polyester Straps Market Segmentation, By Breaking Strength
16.4.2.8 S Middle East ales Intelligence Market Segmentation, By End-Use Industry
16.5.2.9 UAE
16.5.2.9.1 UAE Polyester Straps Market By Packing Grade
16.5.2.9.2 UAE Polyester Straps Market By Width
16.5.2.9.3 UAE Polyester Straps Market By Thickness
16.5.2.9.4 UAE Polyester Straps Market By Type
16.5.2.9.5 UAE Polyester Straps Market, By Application
16.4.2.9.6 UAE Polyester Straps Market Segmentation, By Breaking Strength
16.4.2.9.7 UAE Polyester Straps Market Segmentation, By End-Use Industry
16.5.2.10 Egypt
16.5.2.10.1 Egypt Polyester Straps Market By Packing Grade
16.5.2.10.2 Egypt Polyester Straps Market By Width
16.5.2.10.3 Egypt Polyester Straps Market By Thickness
16.5.2.10.4 Egypt Polyester Straps Market By Type
16.5.2.10.5 Egypt Polyester Straps Market, By Application
16.4.2.10.6 Egypt Polyester Straps Market Segmentation, By Breaking Strength
16.4.2.10.7 Egypt Polyester Straps Market Segmentation, By End-Use Industry
16.5.2.11 Saudi Arabia
16.5.2.11.1 Saudi Arabia Polyester Straps Market By Packing Grade
16.5.2.11.2 Saudi Arabia Polyester Straps Market By Width
16.5.2.11.3 Saudi Arabia Polyester Straps Market By Thickness
16.5.2.11.4 Saudi Arabia Polyester Straps Market By Type
16.5.2.11.5 Saudi Arabia Polyester Straps Market, By Application
16.4.2.11.6 Saudi Arabia Polyester Straps Market Segmentation, By Breaking Strength
16.4.2.11.7 Saudi Arabia Polyester Straps Market Segmentation, By End-Use Industry
16.5.2.12 Qatar
16.5.2.12.1 Qatar Polyester Straps Market By Packing Grade
16.5.2.12.2 Qatar Polyester Straps Market By Width
16.5.2.12.3 Qatar Polyester Straps Market By Thickness
16.5.2.12.4 Qatar Polyester Straps Market By Type
16.5.2.12.5 Qatar Polyester Straps Market, By Application
16.4.2.12.6 Qatar Polyester Straps Market Segmentation, By Breaking Strength
16.4.2.12.7 Qatar Polyester Straps Market Segmentation, By End-Use Industry
16.5.2.13 Rest of Middle East
16.5.2.13.1 Rest of Middle East Polyester Straps Market By Packing Grade
16.5.2.13.2 Rest of Middle East Polyester Straps Market By Width
16.5.2.13.3 Rest of Middle East Polyester Straps Market By Thickness
16.5.2.13.4 Rest of Middle East Polyester Straps Market By Type
16.5.2.13.5 Rest of Middle East Polyester Straps Market, By Application
16.4.2.13.6 Rest of Middle East Polyester Straps Market Segmentation, By Breaking Strength
16.4.2.13.7 Rest of Middle East Polyester Straps Market Segmentation, By End-Use Industry
16.5.3 Africa
16.5.3.1 Africa Polyester Straps Market By Country
16.5.3.2 Africa Polyester Straps Market By Packing Grade
16.5.3.3 Africa Polyester Straps Market By Width
16.5.3.4 Africa Polyester Straps Market By Thickness
16.5.3.5 Africa Polyester Straps Market By Type
16.5.3.6 Africa Polyester Straps Market, By Application
16.5.3.7 Africa Polyester Straps Market Segmentation, By Breaking Strength
16.5.3.8 Africa Polyester Straps Market Segmentation, By End-Use Industry
16.5.3.9 Nigeria
16.5.3.9.1 Nigeria Polyester Straps Market By Packing Grade
16.5.3.9.2 Nigeria Polyester Straps Market By Width
16.5.3.9.3 Nigeria Polyester Straps Market By Thickness
16.5.3.9.4 Nigeria Polyester Straps Market By Type
16.5.3.9.5 Nigeria Polyester Straps Market, By Application
16.5.3.9.6 Nigeria Polyester Straps Market Segmentation, By Breaking Strength
16.5.3.9.7 Nigeria Polyester Straps Market Segmentation, By End-Use Industry
16.5.3.10 South Africa
16.5.3.10.1 South Africa Polyester Straps Market By Packing Grade
16.5.3.10.2 South Africa Polyester Straps Market By Width
16.5.3.10.3 South Africa Polyester Straps Market By Thickness
16.5.3.10.4 South Africa Polyester Straps Market By Type
16.5.3.10.5 South Africa Polyester Straps Market, By Application
16.5.3.10.6 South Africa Polyester Straps Market Segmentation, By Breaking Strength
16.5.3.10.7 South Africa Polyester Straps Market Segmentation, By End-Use Industry
16.5.3.11 Rest of Africa
16.5.3.11.1 Rest of Africa Polyester Straps Market By Packing Grade
16.5.3.11.2 Rest of Africa Polyester Straps Market By Width
16.5.3.11.3 Rest of Africa Polyester Straps Market By Thickness
16.5.3.11.4 Rest of Africa Polyester Straps Market By Type
16.5.3.11.5 Rest of Africa Polyester Straps Market, By Application
16.5.3.11.6 Rest of Africa Polyester Straps Market Segmentation, By Breaking Strength
16.5.3.11.7 Rest of Africa Polyester Straps Market Segmentation, By End-Use Industry
16.6 Latin America
16.6.1 Trend Analysis
16.6.2 Latin America Polyester Straps Market By country
16.6.3 Latin America Polyester Straps Market By Packing Grade
16.6.4 Latin America Polyester Straps Market By Width
16.6.5 Latin America Polyester Straps Market By Thickness
16.6.6 Latin America Polyester Straps Market By Type
16.6.7 Latin America Polyester Straps Market, By Application
16.6.8 Latin America Polyester Straps Market Segmentation, By Breaking Strength
16.6.9 Latin America Polyester Straps Market Segmentation, By End-Use Industry
16.6.10 Brazil
16.6.10.1 Brazil Polyester Straps Market By Packing Grade
16.6.10.2 Brazil Polyester Straps Market By Width
16.6.10.3 Brazil Polyester Straps Market By Thickness
16.6.10.4 Brazil Polyester Straps Market By Type
16.6.10.5 Brazil Polyester Straps Market, By Application
16.6.10.6 Brazil Polyester Straps Market Segmentation, By Breaking Strength
16.6.10.7 Brazil Polyester Straps Market Segmentation, By End-Use Industry
16.6.11 Argentina
16.6.11.1 Argentina Polyester Straps Market By Packing Grade
16.6.11.2 Argentina Polyester Straps Market By Width
16.6.11.3 Argentina Polyester Straps Market By Thickness
16.6.11.3 Argentina Polyester Straps Market By Type
16.6.11.4 Argentina Polyester Straps Market, By Application
16.6.11.6 Argentina Polyester Straps Market Segmentation, By Breaking Strength
16.6.11.7 Argentina Polyester Straps Market Segmentation, By End-Use Industry
16.6.12 Colombia
16.6.12.1 Colombia Polyester Straps Market By Packing Grade
16.6.12.2 Colombia Polyester Straps Market By Width
16.6.12.3 Colombia Polyester Straps Market By Thickness
16.6.12.3 Colombia Polyester Straps Market By Type
16.6.12.4 Colombia Polyester Straps Market, By Application
16.6.12.6 Colombia Polyester Straps Market Segmentation, By Breaking Strength
16.6.12.7 Colombia Polyester Straps Market Segmentation, By End-Use Industry
16.6.13 Rest of Latin America
16.6.13.1 Rest of Latin America Polyester Straps Market By Packing Grade
16.6.13.2 Rest of Latin America Polyester Straps Market By Width
16.6.13.3 Rest of Latin America Polyester Straps Market By Thickness
16.6.13.3 Rest of Latin America Polyester Straps Market By Type
16.6.13.4 Rest of Latin America Polyester Straps Market, By Application
16.6.13.6 Rest of Latin America Polyester Straps Market Segmentation, By Breaking Strength
16.6.13.7 Rest of Latin America Polyester Straps Market Segmentation, By End-Use Industry
17. Company Profiles
17.1 FROMM Packaging
17.1.1 Company Overview
17.1.2 Financial
17.1.3 Products/ Services Offered
17.1.4 SWOT Analysis
17.1.5 The SNS View
17.2 TEUFELBERGER
17.2.1 Company Overview
17.2.2 Financial
17.2.3 Products/ Services Offered
17.2.4 SWOT Analysis
17.2.5 The SNS View
17.3 De Webmakers Webdesign Bureau
17.3.1 Company Overview
17.3.2 Financial
17.3.3 Products/ Services Offered
17.3.4 SWOT Analysis
17.3.5 The SNS View
17.4 Dubose Strapping
17.4.1 Company Overview
17.4.2 Financial
17.4.3 Products/ Services Offered
17.4.4 SWOT Analysis
17.4.5 The SNS View
17.5 Linder GmbH
17.5.1 Company Overview
17.5.2 Financial
17.5.3 Products/ Services Offered
17.5.4 SWOT Analysis
17.5.5 The SNS View
17.6 Greenbridge
17.6.1 Company Overview
17.6.2 Financial
17.6.3 Products/ Services Offered
17.6.4 SWOT Analysis
17.6.5 The SNS View
17.7 North Shore Strapping Inc.
17.7.1 Company Overview
17.7.2 Financial
17.7.3 Products/ Services Offered
17.7.4 SWOT Analysis
17.7.5 The SNS View
17.8 S&K Packaging Inc.
17.8.1 Company Overview
17.8.2 Financial
17.8.3 Products/ Services Offered
17.8.4 SWOT Analysis
17.8.5 The SNS View
17.9 Samuel Strapping
17.9.1 Company Overview
17.9.2 Financial
17.9.3 Products/ Services Offered
17.9.4 SWOT Analysis
17.9.5 The SNS View
17.10 Auto Strap
17.10.1 Company Overview
17.10.2 Financial
17.10.3 Products/ Services Offered
17.10.4 SWOT Analysis
17.10.5 The SNS View
18. Competitive Landscape
18.1 Competitive Benchmarking
18.2 Market Share Analysis
18.3 Recent Developments
18.3.1 Industry News
18.3.2 Company News
18.3.3 Mergers & Acquisitions
19. Use Case and Best Practices
20. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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