The Global Plastic Straps Market 2018-2022: Projected to Grow at a CAGR of 17.4% - ResearchAndMarkets.com
The "Global
Plastic Straps Market 2018-2022" report has been added to ResearchAndMarkets.com's
offering.
The global plastic straps market is projected to grow at a CAGR of 17.4%
during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with
inputs from industry experts. The report covers the market landscape and
its growth prospects over the coming years. The report also includes a
discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is the increasing demand
from e-commerce market. The emerging e-commerce market, which primarily
includes online shopping, has observed strong demand for packaging
products for the shipment of sold products.
According to the report, one of the major drivers for this market is the
increasing demand from paper and printing industry. Plastic straps are
mostly used in the paper and printing industry as they are lightweight
and resistant to corrosion. They are used in bundling and packaging a
wide range of paper and printing products such as specialty paper,
writing and printing paper, tissue papers, and coated paper among others.
Further, the report states that one of the major factors hindering the
growth of this market is the volatility in raw material prices.
Volatility in the costs of petroleum-based raw materials and the
increasing demand for plastic strap products in emerging economies that
is posing as a challenge to the market's growth. Prices of raw materials
such as polymers, additives, and resins fluctuate as they are directly
related to crude oil prices.
Key Vendors
-
Crown Holdings
-
FROMM Holding
-
Messers Packaging
-
Polychem
-
Teufelberger
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by End-User
8. Customer Landscape
9. Regional Landscape
10. Segmentation by Type
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/3fdhbq/the_global?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180924005688/en/
Copyright Business Wire 2018
Source: Business Wire
(September 24, 2018 - 11:29 AM EDT)
News by QuoteMedia
www.quotemedia.com