| Product Code: ETC6192018 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Australia strapping materials market, the import trend saw significant growth from 2023 to 2024, with a notable 20.2% increase. The compound annual growth rate (CAGR) for the period 2020-2024 stood at 9.61%. This surge in imports could be attributed to a shift in demand towards high-quality strapping materials or changes in trade policies that favored imports.
The Strapping Materials Market in Australia is driven by growth in packaging and logistics industries. Strapping materials such as plastic and metal straps are essential for securing goods during transport. E-commerce expansion and industrial packaging requirements boost demand. Innovation in sustainable and reusable strapping products is becoming a market focus.
Australias strapping materials market is witnessing growth due to increasing logistics, warehousing, and packaging activities. The rise of e-commerce and export-oriented agriculture and manufacturing sectors are driving demand for durable and sustainable strapping solutions. Biodegradable and recyclable strapping materials are emerging trends in response to environmental regulations.
The strapping materials market faces challenges such as fluctuating raw material prices (especially plastics and steel), impacting cost stability. Environmental regulations pushing for biodegradable or recyclable materials require innovation and investment. Intense competition from low-cost imports pressures local manufacturers. The need for customization and quality assurance in various industrial sectors demands continuous product development.
The strapping materials market in Australia is poised for growth with the expansion of e-commerce, logistics, and manufacturing industries. With increasing focus on product safety during transportation and demand for sustainable packaging, there are strong investment opportunities in eco-friendly strapping materials like biodegradable plastics or paper-based alternatives. Investments in automated strapping systems and smart packaging solutions can also improve efficiency for warehousing and distribution players. The ability to offer customized, durable, and sustainable strapping products will be a key differentiator.
Strapping materials are regulated through industrial safety and packaging standards. Government policies support the use of sustainable materials through the National Waste Policy and related recycling initiatives. Import and export regulations also affect the availability and pricing of plastic and metal strapping products. The government promotes innovation in eco-friendly packaging, offering tax breaks and R&D incentives for sustainable manufacturing.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Strapping Materials Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Strapping Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Strapping Materials Market - Industry Life Cycle |
3.4 Australia Strapping Materials Market - Porter's Five Forces |
3.5 Australia Strapping Materials Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Strapping Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Strapping Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in e-commerce industry leading to increased demand for packaging and strapping materials. |
4.2.2 Rising demand for sustainable and eco-friendly strapping materials. |
4.2.3 Growing industrial activities and construction projects driving the need for strapping materials. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs. |
4.3.2 Intense competition among strapping materials manufacturers. |
4.3.3 Stringent regulations and quality standards affecting market entry barriers. |
5 Australia Strapping Materials Market Trends |
6 Australia Strapping Materials Market, By Types |
6.1 Australia Strapping Materials Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Strapping Materials Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Strapping Materials Market Revenues & Volume, By Steel, 2021- 2031F |
6.1.4 Australia Strapping Materials Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.1.5 Australia Strapping Materials Market Revenues & Volume, By Polyester (PET), 2021- 2031F |
6.1.6 Australia Strapping Materials Market Revenues & Volume, By Other, 2021- 2031F |
6.2 Australia Strapping Materials Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Strapping Materials Market Revenues & Volume, By Food & Beverage, 2021- 2031F |
6.2.3 Australia Strapping Materials Market Revenues & Volume, By Industrial Logistics & Warehouse, 2021- 2031F |
6.2.4 Australia Strapping Materials Market Revenues & Volume, By Corrugated Card boxes & Paper, 2021- 2031F |
6.2.5 Australia Strapping Materials Market Revenues & Volume, By Building & Construction, 2021- 2031F |
6.2.6 Australia Strapping Materials Market Revenues & Volume, By Metal, 2021- 2031F |
7 Australia Strapping Materials Market Import-Export Trade Statistics |
7.1 Australia Strapping Materials Market Export to Major Countries |
7.2 Australia Strapping Materials Market Imports from Major Countries |
8 Australia Strapping Materials Market Key Performance Indicators |
8.1 Percentage of strapping materials made from recycled or sustainable sources. |
8.2 Average lead time for delivery of strapping materials. |
8.3 Number of partnerships with e-commerce companies for exclusive supply agreements. |
9 Australia Strapping Materials Market - Opportunity Assessment |
9.1 Australia Strapping Materials Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Strapping Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Strapping Materials Market - Competitive Landscape |
10.1 Australia Strapping Materials Market Revenue Share, By Companies, 2024 |
10.2 Australia Strapping Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |