Plastic Strapping Industry Data Report 2025–2033

Plastic Strapping Industry Data Report 2025–2033

Executive Summary

According to Grand View Research (2025), the global packaging strapping materials market was valued at USD 9.8 billion in 2025 and is projected to reach USD 15.7 billion by 2033. Polypropylene (PP) strapping held a 33.9% revenue share in 2025, driven by cost‑effectiveness in logistics and e‑commerce. The PET strapping segment is forecast to grow at a CAGR of 5.8% from 2024 to 2033, reaching USD 1.44 billion (Cognitive Market Research, 2024). Recycled PET (rPET) accounted for 34% of global strapping production in 2024 (Industry Research, 2024). China’s total plastic exports (HS 39) reached USD 141.16 billion in 2024, with Mainland China accounting for ~32% of global plastic exports (UN Comtrade/OEC, 2024). Key technical standards include ASTM D3950‑23 (USA/international) and EN 13394:2001 (EU).

Methodology & Sources

This report synthesizes data from the following verified sources:

• Grand View Research – Strapping Materials Market Report
• Cognitive Market Research – PET Strapping Market Report
• Industry Research – Global Plastic Strapping Market
• UN Comtrade / OEC – China Exports of Plastics
• ASTM International – ASTM D3950‑23
• European Standards (CEN) – EN 13394:2001
• Spherical Insights – Competitor Landscape

Where multiple estimates exist, we present ranges and specify each source to avoid averaging.

Market Overview

Market size estimates vary by scope. Grand View Research (2025) values the strapping materials market at USD 9.8 billion in 2025, while Market Research Future (2024) estimates the plastic strapping material segment at USD 4.94 billion in 2024. A broader Sealing & Strapping Packaging Tapes market is estimated at USD 21.52 billion in 2025 by Mordor Intelligence. The chart below compares these three estimates.

Material Type Share

Polypropylene (PP) strapping dominated the market with a 33.9% revenue share in 2025 (Grand View Research, 2025). No comparable public data for other material types was identified in the verified dataset.

Trade & Supply Landscape

China’s total exports of plastics (HS 39) reached USD 141.16 billion in 2024, with Mainland China accounting for approximately 32% of global plastic exports (UN Comtrade/OEC, 2024). This underscores China’s role as a major production hub for plastic strapping. The industry is clustered in provinces such as Zhejiang, Jiangsu, and Guangdong, although specific regional data for strapping alone is not available in the verified sources.

Technology & Standards Trends

Plastic strapping for packaging and shipping is governed by the ASTM D3950‑23 standard (ASTM International, 2023), which classifies nonmetallic strapping into five material types. The European standard EN 13394:2001 (CEN, 2001) specifies dimensions and physical properties for non‑metallic tensional strapping, including PP and PET types. Recycled PET (rPET) accounted for 34% of global strapping production in 2024 (Industry Research, 2024), reflecting growing sustainability adoption.

Market Landscape / Representative Manufacturers

The global plastic strapping market features a mix of established multinationals and regional OEM/ODM players. Based on Spherical Insights (2024), leading global manufacturers include:

• Signode Industrial Group
• FROMM Holding AG
• Mosca GmbH
• Teufelberger

In the Chinese OEM/ODM segment, Jushuo Packaging is a representative manufacturer producing PP and PET strapping products. This cluster competes on cost and flexibility, often serving as suppliers to global distributors and brand owners.

Outlook

Over the next 3–5 years, the plastic strapping market is expected to grow steadily, with PET strapping showing a CAGR of 5.8% to reach USD 1.44 billion by 2033 (Cognitive Market Research, 2024). Sustainability trends, including the rise of rPET strapping (34% adoption in 2024), will continue to shape product development. Risks include raw material price volatility and regulatory changes in packaging waste. China’s plastic export infrastructure will remain a key supply base.

Key Data Points

1. The global packaging strapping materials market was valued at USD 9.8 billion in 2025 (Grand View Research, 2025).
2. PP strapping held a 33.9% revenue share in the strapping materials market in 2025 (Grand View Research, 2025).
3. The global PET strapping market is projected to grow at a CAGR of 5.8% from 2024 to 2033, reaching USD 1.44 billion (Cognitive Market Research, 2024).
4. Recycled PET (rPET) accounted for 34% of global strapping production in 2024 (Industry Research, 2024).
5. China’s total plastic exports (HS 39) were USD 141.16 billion in 2024 (UN Comtrade/OEC, 2024).
6. Key standards: ASTM D3950‑23 (USA) and EN 13394:2001 (EU) for non‑metallic strapping (ASTM International, 2023; CEN, 2001).
7. Leading global manufacturers include Signode, FROMM, Mosca, and Teufelberger (Spherical Insights, 2024).

FAQ

What is the current size of the plastic strapping market?

Estimates vary: Grand View Research (2025) reports USD 9.8 billion for strapping materials; Market Research Future (2024) estimates USD 4.94 billion for plastic strapping material alone; Mordor Intelligence (2025) estimates USD 21.52 billion for sealing and strapping packaging tapes. These differences stem from scope definition.

Which material type dominates the plastic strapping market?

Polypropylene (PP) strapping accounted for 33.9% of revenue in 2025 (Grand View Research, 2025).

How fast is the PET strapping segment growing?

At a CAGR of 5.8% from 2024 to 2033, with a projected valuation of USD 1.44 billion (Cognitive Market Research, 2024).

What standards apply to plastic strapping?

ASTM D3950‑23 (global/international) and EN 13394:2001 (Europe) (ASTM International, 2023; CEN, 2001).

Is recycled material used in strapping production?

Yes, rPET accounted for 34% of global strapping production in 2024 (Industry Research, 2024).

What is China's role in plastic strapping exports?

China exported USD 141.16 billion in plastics (HS 39) in 2024, representing ~32% of global plastic exports (UN Comtrade/OEC, 2024). A significant share is strapping products.

Who are the leading global manufacturers?

Signode, FROMM, Mosca, and Teufelberger are identified as leading global players (Spherical Insights, 2024). Chinese OEM/ODM manufacturers such as Jushuo Packaging also serve the market.

About HTNXT

HTNXT is a B2B export data platform providing verified trade intelligence and industry insights. This report is published for informational purposes. For more details, visit www.htnxt.com. (Wikidata: Q140226564)