Steel Strapping Global Market Report 2024

Global Steel Strapping Market Report 2024

Steel Strapping Global Market Report 2024 – By Type (Blue-Tempered Steel Strapping, Paint-Coated Steel Strapping, Galvanized Steel Strapping, Other Types), By Tensile Strength (Regular Duty, High Tensile), By Application (Metal, Paper, Glass, Building, Other Applications) – Market Size, Trends, And Global Forecast 2024-2033

Name: Steel Strapping Global Market Report 2024
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Steel Strapping Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : October 2024 | Delivery Time: 2-3 business days | Format : pdf

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Steel Strapping Global Market Report 2024

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Steel Strapping Market Definition

Steel strapping refers to a type of packaging material used to secure and stabilize items during transportation and storage. It is made from high-tensile steel and is known for its strength, durability, and ability to withstand heavy loads.

The main types of steel strapping are blue-tempered steel strapping, paint-coated steel strapping, galvanized steel strapping, and others. Blue-tempered steel strapping is made by heating steel to a high temperature and then cooling it rapidly to form a durable blue-colored oxide layer. The tensile strength involved are regular duty and high tensile, used for metal, paper, glass, building, and other applications.

Steel Strapping Market Segmentation

The steel strapping market covered in this report is segmented –

1) By Type: Blue-Tempered Steel Strapping, Paint-Coated Steel Strapping, Galvanized Steel Strapping, Other Types

2) By Tensile Strength: Regular Duty, High Tensile

3) By Application: Metal, Paper, Glass, Building, Other Applications

Global Steel Strapping Market Size 2023 to 2028: Graph

Steel Strapping Market Size 2024 And Growth Rate

The steel strapping market size has grown strongly in recent years. It will grow from $1.09 billion in 2023 to $1.18 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to industrial revolution, transportation expansion, packaging innovations, occupational safety regulations, and environmental awareness.

Steel Strapping Market Growth Forecast

The steel strapping market size is expected to see strong growth in the next few years. It will grow to $1.65 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to environmental regulations, technological advances, supply chain disruptions, market demand fluctuations, and cost pressures. Major trends in the forecast period include advanced corrosion protection, smart monitoring systems, environmentally friendly solutions, customized solutions for various applications, and automation and robotics in handling.

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Steel Strapping Market Driver: Construction And Infrastructure Sectors Propel Steel Strapping Market Growth

The robust growth in the construction and infrastructure sectors is expected to propel the growth of the steel strapping market going forward. The construction sector encompasses the planning, design, and building of structures, while the infrastructure sector involves the development and maintenance of essential systems such as transportation, utilities, and communication networks. Robust growth in the construction and infrastructure sectors is driven by increasing urbanization, government investments in public projects, and demand for modernization and expansion of existing infrastructure. Steel strapping is widely used in the construction and infrastructure sectors for securing heavy loads, reinforcing concrete structures, and bundling materials for transportation and storage. For instance, in June 2023, according to the report published by the Northern Ireland Statistics and Research Agency, a UK-based public authority for Northern Ireland region, from the first quarter of 2022 to the first quarter of 2023, the overall construction industry expanded by 6.5% compared to 2022. Moreover, the housing sector of construction increased by 11.1% and the infrastructure subsector by 3.7% compared to 2022.Therefore, robust growth in the construction and infrastructure sectors is driving the growth of the steel strapping market.

Global Steel Strapping Market Major Players

Major companies operating in the steel strapping market are ArcelorMittal S.A., Shandong Baosteel Industry Co. Ltd., Berry Global Inc, Fastenal Company, Samuel, Son & Co. Inc., Nisshinbo Holdings Inc., Signode, Yodogawa Steel Works Ltd., M.J.Maillis Group, Bhushan Power & Steel, Shanghai Metal Corporation, Fromm Holding, Empire Group, Walzen Strips Pvt. Ltd., Pacific Strapping Inc, American Strapping Company, Specta, Kohan Kogyo Co. Ltd, Acme Steel Co., AnShan FaLan Co. Ltd., Tianjin Hongmei Steel Strips Co. Ltd., Midfield Industries Ltd, Polychem Ltd., Ensho Steel Strapping Co Ltd, Linder Strapping

Global Steel Strapping Market Trend: Eco-Friendly Steel Strapping Production Line Sets Industry Benchmark

Major companies operating in the steel strapping market are focusing on developing production units integrated with energy-efficient technologies, such as eco-friendly production lines, to enhance efficiency and meet increasing demand. Eco-friendly steel strapping production lines incorporate energy-efficient technologies, recycling processes, and advanced coatings to minimize environmental impact and promote sustainability. For instance, in May 2024, Krishca Strapping Solutions Ltd., an India-based manufacturer of high-tensile steel straps for packaging, unveiled a state-of-the-art strapping production line at its facility. The new strapping line aims to enhance operational efficiency and expand production capacity, with an installed capacity of 1,500 MT per month. It incorporates eco-friendly elements, representing a notable achievement in addressing the growing requirements of the steel industry. This enhancement reinforces Krishca Strapping's standing as a prominent figure in the packaging sector, enabling it to accommodate the changing preferences of its customers.

Steel Strapping Market Merger And Acquisition: ArcelorMittal Acquires Stake In Vallourec To Expand In Market

In March 2024, ArcelorMittal S.A., a Luxembourg-based steel manufacturing corporation, acquired a 28.4% stake in Vallourec S.A. for €955 million ($1038 million). This acquisition is part of ArcelorMittal's strategy to boost its exposure to the attractive, downstream, value-added tubular market. Vallourec S.A. is a France-based provider of steel strapping.

Regional Insights For The Global Steel Strapping Market

Asia-Pacific was the largest region in the steel strapping market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the steel strapping market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the steel strapping market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The steel strapping market consists of sales of specialty steel strapping, stainless steel strapping, and zinc coated steel strapping. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The steel strapping market research report is one of a series of new reports from The Business Research Company that provides steel strapping market statistics, including steel strapping industry global market size, regional shares, competitors with steel strapping market share, detailed steel strapping market segments, market trends, and opportunities, and any further data you may need to thrive in the steel strapping industry. This steel strapping market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Steel Strapping Market Report Forecast and Analysis

Report Attribute	Details
Market Size Value In 2024	$1.18 billion
Revenue Forecast In 2033	$1.65 billion
Growth Rate	CAGR of 8.8% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered	1) By Type: Blue-Tempered Steel Strapping, Paint-Coated Steel Strapping, Galvanized Steel Strapping, Other Types 2) By Tensile Strength: Regular Duty, High Tensile 3) By Application: Metal, Paper, Glass, Building, Other Applications
Regional Scope	Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	ArcelorMittal S.A., Shandong Baosteel Industry Co. Ltd., Berry Global Inc, Fastenal Company, Samuel, Son & Co. Inc., Nisshinbo Holdings Inc., Signode, Yodogawa Steel Works Ltd., M.J.Maillis Group, Bhushan Power & Steel, Shanghai Metal Corporation, Fromm Holding, Empire Group, Walzen Strips Pvt. Ltd., Pacific Strapping Inc, American Strapping Company, Specta, Kohan Kogyo Co. Ltd, Acme Steel Co., AnShan FaLan Co. Ltd., Tianjin Hongmei Steel Strips Co. Ltd., Midfield Industries Ltd, Polychem Ltd., Ensho Steel Strapping Co Ltd, Linder Strapping
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Steel Strapping Market Characteristics

3. Steel Strapping Market Trends And Strategies

4. Steel Strapping Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Steel Strapping Market Size and Growth

5.1. Global Steel Strapping Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Steel Strapping Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Steel Strapping Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Steel Strapping Market Segmentation

6.1. Global Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Blue-Tempered Steel Strapping

Paint-Coated Steel Strapping

Galvanized Steel Strapping

Other Types

6.2. Global Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Regular Duty

High Tensile

6.3. Global Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Metal

Paper

Glass

Building

Other Applications

7. Steel Strapping Market Regional And Country Analysis

7.1. Global Steel Strapping Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Steel Strapping Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Steel Strapping Market

8.1. Asia-Pacific Steel Strapping Market Overview

Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Steel Strapping Market

9.1. China Steel Strapping Market Overview

9.2. China Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Steel Strapping Market

10.1. India Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Steel Strapping Market

11.1. Japan Steel Strapping Market Overview

11.2. Japan Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Steel Strapping Market

12.1. Australia Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Steel Strapping Market

13.1. Indonesia Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Steel Strapping Market

14.1. South Korea Steel Strapping Market Overview

14.2. South Korea Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Steel Strapping Market

15.1. Western Europe Steel Strapping Market Overview

15.2. Western Europe Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Steel Strapping Market

16.1. UK Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Steel Strapping Market

17.1. Germany Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Steel Strapping Market

18.1. France Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Steel Strapping Market

19.1. Italy Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Steel Strapping Market

20.1. Spain Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Steel Strapping Market

21.1. Eastern Europe Steel Strapping Market Overview

21.2. Eastern Europe Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Steel Strapping Market

22.1. Russia Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Steel Strapping Market

23.1. North America Steel Strapping Market Overview

23.2. North America Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Steel Strapping Market

24.1. USA Steel Strapping Market Overview

24.2. USA Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Steel Strapping Market

25.1. Canada Steel Strapping Market Overview

25.2. Canada Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Steel Strapping Market

26.1. South America Steel Strapping Market Overview

26.2. South America Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Steel Strapping Market

27.1. Brazil Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Steel Strapping Market

28.1. Middle East Steel Strapping Market Overview

28.2. Middle East Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Steel Strapping Market

29.1. Africa Steel Strapping Market Overview

29.2. Africa Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Steel Strapping Market Competitive Landscape And Company Profiles

30.1. Steel Strapping Market Competitive Landscape

30.2. Steel Strapping Market Company Profiles

30.2.1. ArcelorMittal S.A.

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Shandong Baosteel Industry Co. Ltd.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Berry Global Inc

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. Fastenal Company

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. Samuel, Son & Co. Inc.

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Steel Strapping Market Other Major And Innovative Companies

31.1. Nisshinbo Holdings Inc.

31.2. Signode

31.3. Yodogawa Steel Works Ltd.

31.4. M.J.Maillis Group

31.5. Bhushan Power & Steel

31.6. Shanghai Metal Corporation

31.7. Fromm Holding

31.8. Empire Group

31.9. Walzen Strips Pvt. Ltd.

31.10. Pacific Strapping Inc

31.11. American Strapping Company

31.12. Specta

31.13. Kohan Kogyo Co. Ltd

31.14. Acme Steel Co.

31.15. AnShan FaLan Co. Ltd.

32. Global Steel Strapping Market Competitive Benchmarking

33. Global Steel Strapping Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Steel Strapping Market

35. Steel Strapping Market Future Outlook and Potential Analysis

35.1 Steel Strapping Market In 2028 - Countries Offering Most New Opportunities

35.2 Steel Strapping Market In 2028 - Segments Offering Most New Opportunities

35.3 Steel Strapping Market In 2028 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Steel Strapping Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Steel Strapping Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Asia-Pacific, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: China, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: India, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: Japan, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Australia, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Indonesia, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: South Korea, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: Western Europe, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: UK, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: Germany, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: France, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: Italy, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Spain, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Eastern Europe, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Russia, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: North America, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: USA, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: Canada, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: South America, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: Brazil, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Middle East, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Africa, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: ArcelorMittal S.A. Financial Performance

Table 75: Shandong Baosteel Industry Co. Ltd. Financial Performance

Table 76: Berry Global Inc Financial Performance

Table 77: Fastenal Company Financial Performance

Table 78: Samuel, Son & Co. Inc. Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Steel Strapping Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Steel Strapping Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Asia-Pacific, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: China, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: India, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: Japan, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Australia, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Indonesia, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: South Korea, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: Western Europe, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: UK, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: Germany, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: France, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: Italy, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Spain, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Eastern Europe, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Russia, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: North America, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: USA, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: Canada, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: South America, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: Brazil, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Middle East, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Africa, Steel Strapping Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Steel Strapping Market, Segmentation By Tensile Strength, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Steel Strapping Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: ArcelorMittal S.A. Financial Performance

Figure 75: Shandong Baosteel Industry Co. Ltd. Financial Performance

Figure 76: Berry Global Inc Financial Performance

Figure 77: Fastenal Company Financial Performance

Figure 78: Samuel, Son & Co. Inc. Financial Performance

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Frequently Asked Questions

What is the definition of the market?

How will the market drivers and restraints affect the market dynamics? What forces will shape the industry going forward?

The market major growth driver - The steel strapping market size has grown strongly in recent years. It will grow from $1.09 billion in 2023 to $1.18 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to industrial revolution, transportation expansion, packaging innovations, occupational safety regulations, and environmental awareness. The steel strapping market size is expected to see strong growth in the next few years. It will grow to $1.65 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to environmental regulations, technological advances, supply chain disruptions, market demand fluctuations, and cost pressures. Major trends in the forecast period include advanced corrosion protection, smart monitoring systems, environmentally friendly solutions, customized solutions for various applications, and automation and robotics in handling.. For further insights on the market, request a sample here

What is the forecast market size or the forecast market value of the market?

The steel strapping market size has grown strongly in recent years. It will grow from $1.09 billion in 2023 to $1.18 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to industrial revolution, transportation expansion, packaging innovations, occupational safety regulations, and environmental awareness. The steel strapping market size is expected to see strong growth in the next few years. It will grow to $1.65 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to environmental regulations, technological advances, supply chain disruptions, market demand fluctuations, and cost pressures. Major trends in the forecast period include advanced corrosion protection, smart monitoring systems, environmentally friendly solutions, customized solutions for various applications, and automation and robotics in handling. For further insights on the market, request a sample here

How is the market segmented?

The market is segmented
1) By Type: Blue-Tempered Steel Strapping, Paint-Coated Steel Strapping, Galvanized Steel Strapping, Other Types
2) By Tensile Strength: Regular Duty, High Tensile
3) By Application: Metal, Paper, Glass, Building, Other ApplicationsFor further insights on the market, request a sample here

Which region has the largest share of the market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the steel strapping market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the steel strapping market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the market, request a sample here.

What are the key trends in the market?

Major trend in the market - Eco-Friendly Steel Strapping Production Line Sets Industry Benchmark. For further insights on the market, request a sample here.

What are the major opportunities in the market? What are the strategies for the market?

For detailed insights on the major opportunities and strategies in the market, request a sample here.

How does the market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the industry?

For detailed insights on the mergers and acquisitions in the industry, request a sample here.

What are the key dynamics influencing the market growth? SWOT analysis of the market.

For detailed insights on the key dynamics influencing the market growth and SWOT analysis of the industry, request a sample here.