The Global PET Straps Market was valued at USD 706 Million in 2023 and is projected to reach USD 953.87 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 3.40% during the forecast period (2024–2032). This steady expansion is driven by increasing logistics automation, demand for sustainable packaging solutions, and the replacement of traditional steel strapping across industries.

As supply chains become more complex and environmentally regulated, PET strap manufacturers are pioneering innovations in material science, recycling technologies, and smart packaging integration. This report profiles the Top 10 Companies in the PET Straps Industry—market leaders who are setting industry standards for strength, sustainability, and supply chain efficiency.

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🔟 1. Signode Industrial Group (CCL Industries)

Headquarters: Glenview, Illinois, USA
Key Offering: Titan PET Straps, Signode All-Purpose PET Strapping

As the world’s largest strapping manufacturer, Signode dominates 22% of the global PET straps market. Their patented co-extrusion process produces straps with consistent elongation properties and exceptional recovery memory.

Market Advantages:

• Global production capacity of 180,000 metric tons annually
• Proprietary “Edge Protection Technology” reduces product damage
• Closed-loop recycling initiatives across 14 manufacturing sites

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9️⃣ 2. Cordstrap B.V.

Headquarters: Rotterdam, Netherlands
Key Offering: SeaCargo PET Straps, HybridLock PET/PP Straps

Specializing in heavy-duty maritime applications, Cordstrap supplies 18% of Europe’s industrial strapping needs. Their UV-stabilized SeaCargo line maintains 95% tensile strength after 5 years of outdoor exposure.

Market Advantages:

• ISO 17712 certified smart strapping with tamper evidence
• 35% lighter than equivalent steel strapping solutions
• Cradle-to-cradle certified recycling programs

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8️⃣ 3. FROMM Packaging Systems

Headquarters: Arisdorf, Switzerland
Key Offering: Ecostrap (100% recycled PET), HighTen PET Straps

FROMM’s precision-engineered straps feature patented embossing patterns that reduce friction by 40% in automated packaging lines compared to conventional designs.

Market Advantages:

• First to market with 100% post-consumer recycled PET straps
• Precision tension control (±2% variance tolerance)
• Carbon-neutral production since 2021

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7️⃣ 4. STEK AS

Headquarters: Istanbul, Turkey
Key Offering: STEKprint Branded Straps, Anti-Theft PET Straps

As the Middle East’s market leader with 32% regional share, STEK specializes in customized printing solutions that enable supply chain visibility through strap-level branding.

Market Advantages:

• Six-color digital printing capability on straps
• RFID-embedded versions for high-value cargo
• 30,000 MT annual production capacity

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6️⃣ 5. Samuel Strapping Systems

Headquarters: Brampton, Canada
Key Offering: Polar-Temp PET Straps, TimberLock Forestry Straps

Samuel holds 45% of North America’s lumber strapping market with specialized products that maintain elasticity in temperatures from -40°C to 85°C.

Market Advantages:

• Impact-absorbing strap designs reduce product damage by 27%
• REACH and FDA-compliant formulations
• Strategic partnerships with Home Depot and Lowe’s

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5️⃣ 6. Mosca GmbH

Headquarters: Waldbrunn, Germany
Key Offering: Mosca Smart Strap, EcoLine Recycled PET

Mosca integrates strapping materials with automated systems, holding 120 patents in tension control and sealing technologies.

Market Advantages:

• IoT-enabled strapping systems with real-time monitoring
• Self-learning algorithms optimize strap tension
• 30% faster cycle times versus industry average

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4️⃣ 7. Polychem Corporation

Headquarters: Melbourne, Australia
Key Offering: PolySafe Food-Grade Straps, PharmTight Pharmaceutical Straps

Polychem dominates Asia-Pacific’s food and pharma strapping market with sterilization-resistant PET formulations that withstand 150°C steam cleaning.

Market Advantages:

• Only PET strap manufacturer with HACCP certification
• Anti-microbial additive options available
• Solar-powered manufacturing facility

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PET Straps Market – View in Detailed Research Report

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3️⃣ 8. Teufelberger Holding AG

Headquarters: Wels, Austria
Key Offering: TeMaXX High-Modulus Straps, AgriLoop Farm Straps

Teufelberger’s engineered PET straps feature fiber-reinforced cores that achieve 50% higher yield strength than conventional PET strapping.

Market Advantages:

• Specialized agricultural straps with 5-year UV warranties
• Smart sensors measure and log tension data
• Closed-loop recycling for agricultural films and straps

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2️⃣ 9. Dynaric, Inc.

Headquarters: Southaven, Mississippi, USA
Key Offering: Guardian Safety Straps, TrackMark Printed Straps

Dynaric pioneered OSHA-compliant safety strapping with high-visibility colors and reflective strips that reduce warehouse accidents by 19%.

Market Advantages:

• Custom-printed safety messages on straps
• Inventory tracking through QR-coded straps
• 40% market share in US warehouse sector

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1️⃣ 10. Polivektris Polyester Packaging

Headquarters: Istanbul, Turkey
Key Offering: PowerBond Reinforced Straps, SafeTear Safety Straps

Polivektris holds 28 patents in woven filament technology, producing straps with break strengths up to 1,200 kg/cm² – rivaling high-tensile steel.

Market Advantages:

• Emergency release straps for safety-critical loads
• Custom elasticity profiles (5%-15% elongation)
• 70% export share to European and African markets

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PET Straps Market – View in Detailed Research Report

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🌍 Market Outlook: Sustainable Innovation Driving Growth

The PET straps industry is transitioning towards circular economy models, with leading companies investing heavily in recycled content and bio-based materials. The market is projected to see accelerated adoption across emerging economies, particularly in Asia-Pacific where annual growth exceeds 4.8%.

📈 Key Industry Trends:

• Recycled content targets increasing from 30% to 70% by 2028
• Integration with Industry 4.0 packaging systems
• Development of bio-PET from non-fossil feedstocks
• Expansion of color-coding systems for waste stream segregation

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PET Straps Market – View in Detailed Research Report

These industry leaders are not just providing packaging solutions—they’re transforming global supply chains through smarter, stronger, and more sustainable material handling technologies.