Product Code: ETC006944 | Publication Date: Jun 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India strapping market import shipment demonstrated robust growth with a notable CAGR from 2020 to 2024. The growth rate between 2023 and 2024 slightly decelerated but remained strong, indicating a sustained expansion trend over the years. The market exhibited momentum and overall upward trajectory during the period.
1. Growing industrialization and rapid urbanization in India are driving the demand for packaging solutions such as strapping, which is expected to propel the growth of the Indian strapping market in the coming years.
2. Rising demand from various end-use industries such as food & beverage, e-commerce, automotive & transportation, and pharmaceuticals is another major factor boosting the growth of this market during 2025?2031.
3. Increasing focus on developing efficient and cost-effective strapping products by top players operating in this market has been resulting into introduction of advanced product offerings that require less effort while packing goods and materials safely as well as securely, thus facilitating their growth opportunities across India.
4. Technological advancements taking place in terms of automation among others are anticipated to fuel further development within this industry over the coming years thereby providing significant impetus to its overall expansion prospects throughout India during 2025?2031 period.
1. High initial investments associated with installation and maintenance costs related to automatic or semi-automatic banding machines pose a major challenge for key players operating within Indian Strapping Market during 2025?2031 period
2 .Availability of counterfeit products at low prices is hampering revenue generation potential among key manufacturers engaged in production activities across country?s strapping industry landscape making it difficult for them sustain competitive edge over long run duration.
1 .Growing preference towards use eco friendly material based straps among manufacturing units including those involved with food & beverage sector , owing mainly due rising awareness surrounding environment protection initiatives taken up by government authorities , is likely remain one most trending topics witnessed across country?sStraps Industry space through 2031 timeline.
2 .Rapid technological advancement taking place within Automatic Strappers segment ,which helps reduce labor costs substantially along with ensuring proper palletizing activity undertaken efficiently without any errors or defects occurring therein ,is poised gain considerable traction amongst regional customer base leading propel business performance figures maintained across respective segments pertaining same time frame discussed herein earlier.
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 India Strapping Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Strapping Market Revenues & Volume, 2021 & 2031F |
3.3 India Strapping Market - Industry Life Cycle |
3.4 India Strapping Market - Porter's Five Forces |
3.5 India Strapping Market Revenues & Volume Share, By Material Types, 2021 & 2031F |
3.6 India Strapping Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Strapping Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the manufacturing sector in India, leading to increased demand for strapping materials. |
4.2.2 Government initiatives to boost infrastructure development, driving the need for strapping solutions. |
4.2.3 Rising adoption of sustainable and eco-friendly strapping materials in the market. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production cost of strapping materials. |
4.3.2 Intense competition among market players leading to pricing pressures. |
4.3.3 Economic uncertainties affecting investment decisions in packaging solutions. |
5 India Strapping Market Trends |
6 India Strapping Market, By Types |
6.1 India Strapping Market, By Material Types |
6.1.1 Overview and Analysis |
6.1.2 India Strapping Market Revenues & Volume, By Material Types, 2021-2031F |
6.1.3 India Strapping Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.4 India Strapping Market Revenues & Volume, By Steel, 2021-2031F |
6.1.5 India Strapping Market Revenues & Volume, By Polyester, 2021-2031F |
6.2 India Strapping Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 India Strapping Market Revenues & Volume, By Food & Beverage, 2021-2031F |
6.2.3 India Strapping Market Revenues & Volume, By Industrial Logistics & Warehouse, 2021-2031F |
6.2.4 India Strapping Market Revenues & Volume, By Corrugated Cardboard & Paper, 2021-2031F |
6.2.5 India Strapping Market Revenues & Volume, By Newspaper & Graphics, 2021-2031F |
6.2.6 India Strapping Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.7 India Strapping Market Revenues & Volume, By Metal, 2021-2031F |
7 India Strapping Market Import-Export Trade Statistics |
7.1 India Strapping Market Export to Major Countries |
7.2 India Strapping Market Imports from Major Countries |
8 India Strapping Market Key Performance Indicators |
8.1 Adoption rate of innovative strapping technologies in the market. |
8.2 Percentage of recyclable materials used in strapping solutions. |
8.3 Number of strategic partnerships and collaborations in the strapping industry for market expansion. |
8.4 Growth in the e-commerce sector and its impact on the demand for strapping materials. |
8.5 Compliance rate with environmental regulations in the packaging industry. |
9 India Strapping Market - Opportunity Assessment |
9.1 India Strapping Market Opportunity Assessment, By Material Types, 2021 & 2031F |
9.2 India Strapping Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Strapping Market - Competitive Landscape |
10.1 India Strapping Market Revenue Share, By Companies, 2024 |
10.2 India Strapping Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |