Tag Archives: Plastic Straps Market Share

Plastic Straps Market Grows Valuation Set At USD 2581.1million By 2023 With A CAGR Of 12.40%


****** Plastic Straps Market Growth, Trends, Size, Analysis, Future Scope by Type (Polyester Straps, Polypropylene Straps, Nylon Straps, and Others), by End-Use (Steel, Cotton, Paper, Fiber, Bricks & Tiles, and Others), and  Region – Forecast to 2023

Plastic Straps Market Overview

According to Market Research Future (MRFR), an eminent research firm, the ****** plastic strap market pictures a vivacious growth to reach to USD 2581.1 MN by 2023 with CAGR of 12.40% throughout the forecast period (2018-2023). In the years 2017, the market valuation had reached to USD 1280 MN, meaning the market is eyeing for doubling its present valuation.

Plastic Straps Market Research, Growth Opportunities, Analysis and Forecasts Report by 2023

logo (1)The major growth drivers identified in the plastic straps market is the growing packaging and logistic sector and expanding construction industry. With the growing industrialization and commercialized in developing parts of the world, there has been a rapid rise in the logistics and transport requirements in order to facilitate the movement of these goods.

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Expanding construction industry is another key growth factor for the plastic straps market. The construction industry in the world is witnessing rapid rise, particularly in countries such as China, India, Saudi Arabia, Indonesia, and others.