Product Code: ETC340228 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Indonesia plastic straps market is estimated to reach a value of USD 146 million, growing at a CAGR of 4.4% during the forecast period. This growth can be attributed to increasing consumer preference towards lightweight yet strong and durable packaging solutions coupled with high storage efficiency offered by them over traditional steel strapping solutions used mainly for industrial applications where heavy duty material handling is required. Additionally, easy availability throughout Indonesia due to wide network distribution channels and manufacturers setting up new production plants also drive their sales volumes across different end user segments including food & beverage industry, construction sector etc., thereby propelling overall market growth.
The Indonesia plastic straps market is set to experience growth owing to industrial packaging and logistics activities. Plastic straps are essential for securing and bundling items during transportation and storage, ensuring safe handling and preventing damage. As industries expand, including manufacturing, agriculture, and construction, the need for reliable and cost-effective packaging solutions escalates. Plastic straps offer advantages such as flexibility, resistance to environmental factors, and ease of use. The increasing emphasis on supply chain efficiency and the protection of goods during transit contributes to the positive outlook for the plastic straps market.
The Indonesia Plastic Straps market has gained traction in packaging and logistics applications. However, challenges must be navigated for sustained growth. A significant challenge is ensuring the strength and reliability of plastic straps, especially when used for securing heavy loads during transportation. Developing straps that offer adequate tensile strength and impact resistance while optimizing material usage presents an ongoing challenge. Moreover, addressing concerns related to the recyclability and environmental impact of plastic straps is crucial, given the increasing focus on sustainable packaging solutions. Market players must innovate to provide effective and eco-friendly strapping solutions while meeting performance expectations.
The Indonesia plastic straps market plays a pivotal role in securing goods during transportation and storage. The pandemic led to fluctuations in logistics and disrupted supply chains, impacting the demand for plastic straps. However, as global trade and industrial activities normalize, the market is projected to recover. The increasing focus on efficient and sustainable packaging solutions also contributes to the market`s positive outlook.
In the Plastic Straps market, companies like PT Strapoly Citra Abadi stand out with their durable and versatile plastic strapping solutions. These key players collectively drive the growth and innovation within their respective segments, contributing significantly to the Indonesia plastic industry`s overall outlook.
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 Indonesia Plastic Straps Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Plastic Straps Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Plastic Straps Market - Industry Life Cycle |
3.4 Indonesia Plastic Straps Market - Porter's Five Forces |
3.5 Indonesia Plastic Straps Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Plastic Straps Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Indonesia Plastic Straps Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for packaging solutions in various industries such as logistics, agriculture, and construction. |
4.2.2 Growing investments in infrastructure development and industrial projects driving the need for secure packaging materials. |
4.2.3 Rising awareness about the benefits of plastic straps such as cost-effectiveness, durability, and ease of handling. |
4.3 Market Restraints |
4.3.1 Environmental concerns and increasing regulations regarding the use of plastic materials, leading to potential restrictions or bans on plastic straps. |
4.3.2 Fluctuating prices of raw materials like PET and PP impacting the production cost of plastic straps. |
4.3.3 Competition from alternative packaging solutions like paper straps or metal bands affecting the market growth. |
5 Indonesia Plastic Straps Market Trends |
6 Indonesia Plastic Straps Market, By Types |
6.1 Indonesia Plastic Straps Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Plastic Straps Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia Plastic Straps Market Revenues & Volume, By Polyester Straps, 2021-2031F |
6.1.4 Indonesia Plastic Straps Market Revenues & Volume, By Polypropylene Straps, 2021-2031F |
6.1.5 Indonesia Plastic Straps Market Revenues & Volume, By Nylon Straps, 2021-2031F |
6.2 Indonesia Plastic Straps Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Plastic Straps Market Revenues & Volume, By Steel, 2021-2031F |
6.2.3 Indonesia Plastic Straps Market Revenues & Volume, By Cotton, 2021-2031F |
6.2.4 Indonesia Plastic Straps Market Revenues & Volume, By Paper, 2021-2031F |
6.2.5 Indonesia Plastic Straps Market Revenues & Volume, By Fiber, 2021-2031F |
6.2.6 Indonesia Plastic Straps Market Revenues & Volume, By Bricks & Tiles, 2021-2031F |
7 Indonesia Plastic Straps Market Import-Export Trade Statistics |
7.1 Indonesia Plastic Straps Market Export to Major Countries |
7.2 Indonesia Plastic Straps Market Imports from Major Countries |
8 Indonesia Plastic Straps Market Key Performance Indicators |
8.1 Recycling rate of plastic straps in Indonesia. |
8.2 Adoption rate of sustainable practices in the plastic straps manufacturing process. |
8.3 Innovation rate in developing eco-friendly plastic strap materials. |
8.4 Customer satisfaction and loyalty towards plastic strap manufacturers. |
8.5 Percentage of market penetration in key industries utilizing plastic straps. |
9 Indonesia Plastic Straps Market - Opportunity Assessment |
9.1 Indonesia Plastic Straps Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Plastic Straps Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Indonesia Plastic Straps Market - Competitive Landscape |
10.1 Indonesia Plastic Straps Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Plastic Straps Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |