The Global Plastic Strapping Market was valued at USD 1,934 Million in 2024 and is projected to reach USD 2,535 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period (2025–2032). This growth is being driven by the exponential expansion of e-commerce, increasing infrastructure development, and the rising adoption of automated packaging solutions across manufacturing and logistics sectors.

As global supply chains become more complex and demand for efficient, secure packaging intensifies, the role of plastic strapping has never been more critical. In this blog, we profile the Top 10 Companies in the Plastic Strapping Industry—a diverse mix of global manufacturers, technology innovators, and sustainability leaders who are shaping the future of load containment and unitization worldwide.

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🔟 1. Signode

Headquarters: Glenview, Illinois, USA
Key Offering: PET Strapping, PP Strapping, Automated Strapping Systems

Signode is a global leader in plastic strapping solutions, serving customers across more than 50 countries. As a subsidiary of Crown Holdings, the company offers a comprehensive portfolio of strapping products and application equipment for diverse industries including logistics, construction, and manufacturing. Signode is renowned for its high-tensile PET strapping and innovative automated systems that enhance packaging efficiency.

Strategic Initiatives:

• Expansion of sustainable strapping solutions with recycled content

• Development of IoT-enabled strapping systems for supply chain visibility

• Strategic acquisitions to strengthen global market presence

Download FREE Sample Report: Plastic Strapping Market – View in Detailed Research Report

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9️⃣ 2. Teufelberger (FROMM Group)

Headquarters: Wels, Austria
Key Offering: PET Strapping, PP Strapping, Specialty Composite Strapping

Teufelberger, operating under the FROMM Group, is a leading European manufacturer of plastic strapping with a strong focus on innovation and quality. The company specializes in high-performance strapping solutions for demanding applications in construction, timber, and heavy industries. Their products are known for exceptional tensile strength and reliability under extreme conditions.

Strategic Initiatives:

• Investment in UV-resistant formulations for outdoor applications

• Development of lightweight, high-strength composite strapping

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8️⃣ 3. Samuel Strapping Systems

Headquarters: Toronto, Canada
Key Offering: PET Strapping, PP Strapping, Strapping Tools and Accessories

Samuel Strapping Systems is a North American leader in plastic strapping solutions with a strong presence across industrial and construction markets. The company offers a wide range of strapping products complemented by application tools and equipment. Their focus on customer-specific solutions has made them a preferred partner for major corporations requiring reliable load containment.

Strategic Initiatives:

• Expansion of recycling and circular economy programs

• Integration of digital tracking technologies into strapping solutions

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7️⃣ 4. Cordstrap

Headquarters: Barendrecht, Netherlands
Key Offering: Heavy-duty PET Strapping, Securing Systems for Transport

Cordstrap specializes in innovative cargo securing systems, with plastic strapping as a core component of their product portfolio. The company is particularly strong in maritime and heavy transport applications, where their high-performance strapping solutions ensure load security across global supply chains. Their expertise in risk management and cargo safety sets them apart in the industry.

Strategic Initiatives:

• Development of smart strapping with integrated monitoring sensors

• Global expansion of service and training centers

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6️⃣ 5. Mosca GmbH

Headquarters: Waldbrunn, Germany
Key Offering: Strapping Systems, PET Strapping, PP Strapping

Mosca is a German manufacturer known for its integrated strapping systems that combine high-quality plastic strapping with advanced application technology. The company serves diverse sectors including logistics, printing, and textiles, offering solutions that enhance packaging efficiency and sustainability. Their strapping systems are renowned for reliability and low maintenance requirements.

Strategic Initiatives:

• Focus on energy-efficient strapping machines

• Development of biodegradable strapping alternatives

Download FREE Sample Report: Plastic Strapping Market – View in Detailed Research Report

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5️⃣ 6. Scientex Berhad

Headquarters: Kuala Lumpur, Malaysia
Key Offering: PP Strapping, PET Strapping, Packaging Films

Scientex Berhad is a leading Asian manufacturer of plastic strapping with significant production capacity across Malaysia and Southeast Asia. The company benefits from vertical integration, controlling the entire production process from polymer resin to finished strapping products. Their competitive positioning makes them a key supplier for price-sensitive markets while maintaining quality standards.

Strategic Initiatives:

• Capacity expansion to meet growing regional demand

• Development of sustainable packaging solutions

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4️⃣ 7. Cyklop International

Headquarters: Istanbul, Turkey
Key Offering: PP Strapping, PET Strapping, Hand Tools

Cyklop International has established itself as a significant player in the plastic strapping market, particularly in Europe, Middle East, and Africa regions. The company offers a comprehensive range of strapping products and application tools, serving industries from agriculture to manufacturing. Their strategic location provides advantages for serving emerging markets with growing packaging needs.

Strategic Initiatives:

• Expansion of distribution network across emerging markets

• Product innovation focused on ease of application

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3️⃣ 8. Youngsun

Headquarters: Shanghai, China
Key Offering: PP Strapping, PET Strapping, Packaging Machines

Youngsun is one of China’s leading plastic strapping manufacturers, leveraging the country’s manufacturing ecosystem to produce cost-effective strapping solutions. The company serves both domestic Chinese markets and international customers, with a strong presence in Asia-Pacific regions. Their extensive product range caters to various industrial applications from light packaging to heavy-duty strapping.

Strategic Initiatives:

• Automation of production processes for quality consistency

• Development of export-focused premium product lines

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2️⃣ 9. Polivektris

Headquarters: Istanbul, Turkey
Key Offering: Plastic Strapping, Stretch Film, Packaging Solutions

Polivektris is a Turkish packaging company with a strong focus on plastic strapping products for industrial applications. The company has built a reputation for quality and reliability in the Middle East and European markets. Their integrated approach to packaging solutions allows them to offer comprehensive systems that include both strapping and complementary packaging materials.

Strategic Initiatives:

• Investment in recycled content strapping products

• Expansion into Central Asian and African markets

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1️⃣ 10. GREENBRIDGE

Headquarters: Shanghai, China
Key Offering: PET Strapping, PP Strapping, Sustainable Packaging

GREENBRIDGE has emerged as a significant player in the Asian plastic strapping market, with a growing international presence. The company focuses on producing high-quality strapping that meets international standards while maintaining competitive pricing. Their commitment to sustainability includes developing eco-friendly strapping options and implementing green manufacturing practices.

Strategic Initiatives:

• Development of biodegradable and recycled strapping materials

• Expansion of manufacturing capabilities for global supply

Get Full Report Here: Plastic Strapping Market – View in Detailed Research Report

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🌍 Outlook: The Future of Plastic Strapping Is Smarter and More Sustainable

The plastic strapping market is undergoing a significant transformation driven by technological innovation and sustainability demands. While traditional PP and PET strapping continue to dominate volume, the industry is increasingly focusing on recycled content, biodegradable alternatives, and smart strapping technologies that provide supply chain visibility.

📈 Key Trends Shaping the Market:

• Rapid adoption of automated strapping systems in e-commerce and logistics

• Increasing regulatory pressure for sustainable and recyclable packaging materials

• Development of smart strapping with embedded sensors for load monitoring

• Growing preference for lightweight, high-strength composite strapping materials

Get Full Report Here: Plastic Strapping Market – View in Detailed Research Report

The companies listed above are not only securing global supply chains—they’re driving the innovation and sustainability transformation of the packaging industry.