Strapping Materials Market 2022-27: Size, Share, Growth, Industry Report, Trends, Analysis And Forecast
The latest research study “ Strapping Materials Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ” by IMARC Group, finds that the global strapping materials market size reached a value of US$ 6.16 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 8.91 Billion by 2027, exhibiting a CAGR of 6.10% during 2022-2027. Strapping Materials Definition Strapping is a method of strengthening and bundling products together, such as lumbers, newspapers, cartons, pipes and concrete blocks, by bands, wires or metal straps for convenient handling and shipping. It is also used to close shipping containers and corrugated boxes, attach items to skids, crated and pallets and safeguard a unit load of bricks, packaged glass and metal parts. Nowadays, the demand for strapping materials is increasing in the food and beverage (F&B) industry for supplying an economical mann...