Polyester Straps Market

By Thickness;

Below 0.5mm, 0.5-0.75mm, 0.76-1mm and Above 1mm

By Packing Grade;

Hand Grade Polyester Straps and Machine Grade Polyester Straps

By Width;

5-15mm, 16-25mm, 26-35mm and Above 35mm

By Breaking Strength;

Up to 220kg, 221-300kg, 301-500kg, 501-1,000kg and Above 1,000kg

By End-Use;

Food & Beverage, Pharmaceuticals, Electronics & Electricals, Automotive, Construction & Allied Industries, Paper & Allied Industries, Textiles & Apparels, Chemicals & Fertilizers and Others

By Application;

Heavy-Duty Bailing, Bundling and Palletizing

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn918992138 Published Date: September, 2025 Updated Date: October, 2025

Polyester Straps Market Overview

Polyester Straps Market (USD Million)

Polyester Straps Market was valued at USD 1,413.23 million in the year 2024. The size of this market is expected to increase to USD 3,027.86 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.5%.


Polyester Straps Market

*Market size in USD million

CAGR 11.5 %


Study Period2025 - 2031
Base Year2024
CAGR (%)11.5 %
Market Size (2024)USD 1,413.23 Million
Market Size (2031)USD 3,027.86 Million
Market ConcentrationLow
Report Pages351
1,413.23
2024
3,027.86
2031

Major Players

  • Signode Packaging Systems Corporation
  • Crown Holdings Inc
  • Teufelberger Holding AG
  • Polychem Corporation
  • FROMM Holding AG

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Polyester Straps Market

Fragmented - Highly competitive market without dominant players


The Polyester Straps Market is witnessing strong growth as industries increasingly shift from steel strapping to lightweight, durable, and cost-effective polyester alternatives. Holding nearly 42% of the industrial strapping share, these straps are recognized for their reliability in securing heavy loads across multiple sectors.

Key Role in Packaging Solutions
Over 50% of polyester straps are applied in packaging and palletizing, offering superior load stability, elongation resistance, and durability. Their use ensures safer handling and shipping of consumer products, building materials, and industrial goods, making them vital in supply chain operations.

Industrial Applications in Automotive and Construction
Approximately 30% of demand arises from automotive and construction, where straps provide strength, corrosion resistance, and long-lasting performance. Their effectiveness in securing machinery, structural components, and transport loads makes them indispensable in these high-demand industries.

Shift Toward Eco-Friendly Alternatives
Nearly 25% of polyester straps are manufactured from recycled PET, supporting the movement toward sustainable packaging and circular economy practices. This adoption strengthens their role in reducing waste while delivering high-performance strapping solutions.

Market Outlook
The Polyester Straps Market is anticipated to grow by more than 40%, with expansion fueled by e-commerce packaging, logistics operations, and industrial applications. Their combination of strength, cost-efficiency, and eco-compatibility ensures their long-term relevance in global packaging systems.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Thickness
    2. Market Snapshot, By Packing Grade

    3. Market Snapshot, By Grade
    4. Market Snapshot, By Breaking Strength
    5. Market Snapshot, By End-Use
    6. Market Snapshot, By Application
    7. Market Snapshot, By Region
  4. Polyester Straps Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Lightweight and durable
        2. Versatile applications
        3. Cost-effective solutions
        4. Growing e-commerce
        5. Sustainability initiatives
      2. Restraints
        1. Competition from alternatives
        2. Price volatility
        3. Regulatory compliance
        4. Limited customization options
        5. Supply chain disruptions
      3. Opportunities
        1. Technological advancements
        2. Emerging markets growth
        3. Customization capabilities
        4. Strategic partnerships
        5. Green packaging trends
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Polyester Straps Market, By Thickness, 2021 - 2031 (USD Million)
      1. Below 0.5mm
      2. 0.5-0.75mm
      3. 0.76-1mm
      4. Above 1mm
    2. Polyester Straps Market, By Packing Grade, 2021 - 2031 (USD Million)
      1. Hand Grade Polyester Straps
      2. Machine Grade Polyester Straps
    3. Polyester Straps Market, By Width, 2021 - 2031 (USD Million)
      1. 5-15mm
      2. 16-25mm
      3. 26-35mm
      4. Above 35mm
    4. Polyester Straps Market, By Breaking Strength, 2021 - 2031 (USD Million)
      1. Up to 220kg
      2. 221-300kg
      3. 301-500kg
      4. 501-1,000kg
      5. Above 1,000kg
    5. Polyester Straps Market, By End-Use, 2021 - 2031 (USD Million)
      1. Food & Beverage
      2. Pharmaceuticals
      3. Electronics & Electricals
      4. Automotive
      5. Construction & Allied Industries
      6. Paper & Allied Industries
      7. Textiles & Apparels
      8. Chemicals & Fertilizers
      9. Others
    6. Polyester Straps Market, By Application, 2021 - 2031 (USD Million)
      1. Heavy-Duty Bailing
      2. Bundling
      3. Palletizing
    7. Polyester Straps Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Signode Packaging Systems Corporation
      2. Crown Holdings Inc
      3. Teufelberger Holding AG
      4. Polychem Corporation
      5. FROMM Holding AG
  7. Analyst Views
  8. Future Outlook of the Market