The global market for Steel Strapping was estimated to be worth US$ 1254 million in 2024 and is forecast to a readjusted size of US$ 1568 million by 2031 with a CAGR of 3.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Steel Strapping cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Steel strapping is a type of steel strip specifically used to reinforce, bundle, and secure cargo, packages, or large materials. It is also known as baling strapping, steel strapping, or steel strapping.
Steel strapping is typically made from high-strength carbon structural steel that is cold-rolled and heat-treated. The surface may be bluing (black oxide), galvanized, painted, or coated to enhance corrosion resistance and service life. Its high tensile strength and toughness allow it to withstand the shock, vibration, and compression that can occur during heavy loads and long-distance transportation, ensuring that cargo remains secure and secure.
In 2024, global steel strapping sales volume reached approximately 1.30 million tons, with an average global market price of around US$ 960 per ton.
Global Steel Strapping main players are Signode, Samuel Strapping, Baosteel, Anshan Falan, Yongxin, etc. Global top five manufacturers hold a share about 35%. China is the largest market, with a share about 45%.
The steel strapping market demonstrates strong global growth potential, as steel strapping-manufactured from high-tensile or low-carbon steel with various surface treatments such as bluing, galvanizing, or paint coating-remains an indispensable packaging and load-securing solution for heavy-duty industries where durability, safety, and reliability are paramount, including steel, metals, building materials, lumber, logistics, automotive, machinery, and shipping; the demand is reinforced by rising global trade volumes, infrastructure expansion, and industrial growth in emerging markets, where large, heavy, and irregularly shaped goods must be securely bundled for storage and long-distance transport under harsh conditions that plastic alternatives often cannot withstand; steel strapping provides unmatched tensile strength, resistance to UV radiation and temperature extremes, and long-term load stability, making it especially critical in securing steel coils, rebar, pipes, heavy machinery, lumber stacks, and stone slabs, thus ensuring both cargo safety and compliance with international shipping standards; furthermore, the ability to apply coatings for corrosion resistance, extend product life, and even use color-coded straps for logistics identification enhances its value across supply chains; although synthetic alternatives like PET and polypropylene strapping are gaining traction due to lighter weight and easier handling, steel strapping maintains dominance in applications where failure risks are unacceptable, such as overseas shipping and heavy manufacturing; growing e-commerce and globalized supply chains are increasing the complexity and volume of shipments, further driving the need for robust, high-strength strapping solutions; regional dynamics also shape opportunities, with Asia-Pacific leading due to rapid industrialization, North America and Europe emphasizing safety compliance and premium coated strapping, and the Middle East, Africa, and Latin America emerging as fast-growing markets fueled by construction and resource industries; despite challenges such as fluctuating steel prices and higher handling requirements compared to plastics, the steel strapping market is poised for sustained growth as industries continue to prioritize cargo safety, operational efficiency, and long-term reliability in heavy-duty packaging and logistics applications.
This report aims to provide a comprehensive presentation of the global market for Steel Strapping, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Steel Strapping by region & country, by Type, and by Application.
The Steel Strapping market size, estimations, and forecasts are provided in terms of sales volume (K MT) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steel Strapping.
Market Segmentation
By Company
- Signode
- Samuel Strapping
- Baowu Steel
- Anshan Falan
- M.J.Maillis Group
- Jiangsu Juhong
- Specta
- Bhushan Steel
- Qinhuangdao Jiashilun
- Wiscom
- Kohan Kogyo Co., Ltd
- Midfield Industries
- Yodogawa Steel Works
- Polychem
- Walzen Strips (P) Ltd
- Ensho Steel Strapping
- Titan Umreifungstechnik
- Linder
- Cyklop
- SHOKO KIKO CO., LTD
- PAC Strapping Products, Inc.
Segment by Type
- Blue-Tempered Steel Strapping
- Paint-Coated Steel Strapping
- Galvanized Steel Strapping
Segment by Application
- Metal
- Paper
- Glass
- Building
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Steel Strapping manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Steel Strapping in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Steel Strapping in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Steel Strapping Product Introduction
- 1.2 Global Steel Strapping Market Size Forecast
- 1.2.1 Global Steel Strapping Sales Value (2020-2031)
- 1.2.2 Global Steel Strapping Sales Volume (2020-2031)
- 1.2.3 Global Steel Strapping Sales Price (2020-2031)
- 1.3 Steel Strapping Market Trends & Drivers
- 1.3.1 Steel Strapping Industry Trends
- 1.3.2 Steel Strapping Market Drivers & Opportunity
- 1.3.3 Steel Strapping Market Challenges
- 1.3.4 Steel Strapping Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Steel Strapping Players Revenue Ranking (2024)
- 2.2 Global Steel Strapping Revenue by Company (2020-2025)
- 2.3 Global Steel Strapping Players Sales Volume Ranking (2024)
- 2.4 Global Steel Strapping Sales Volume by Company Players (2020-2025)
- 2.5 Global Steel Strapping Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Steel Strapping Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Steel Strapping Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Steel Strapping
- 2.9 Steel Strapping Market Competitive Analysis
- 2.9.1 Steel Strapping Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Steel Strapping Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Steel Strapping as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Blue-Tempered Steel Strapping
- 3.1.2 Paint-Coated Steel Strapping
- 3.1.3 Galvanized Steel Strapping
- 3.2 Global Steel Strapping Sales Value by Type
- 3.2.1 Global Steel Strapping Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Steel Strapping Sales Value, by Type (2020-2031)
- 3.2.3 Global Steel Strapping Sales Value, by Type (%) (2020-2031)
- 3.3 Global Steel Strapping Sales Volume by Type
- 3.3.1 Global Steel Strapping Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Steel Strapping Sales Volume, by Type (2020-2031)
- 3.3.3 Global Steel Strapping Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Steel Strapping Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Metal
- 4.1.2 Paper
- 4.1.3 Glass
- 4.1.4 Building
- 4.1.5 Others
- 4.2 Global Steel Strapping Sales Value by Application
- 4.2.1 Global Steel Strapping Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Steel Strapping Sales Value, by Application (2020-2031)
- 4.2.3 Global Steel Strapping Sales Value, by Application (%) (2020-2031)
- 4.3 Global Steel Strapping Sales Volume by Application
- 4.3.1 Global Steel Strapping Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Steel Strapping Sales Volume, by Application (2020-2031)
- 4.3.3 Global Steel Strapping Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Steel Strapping Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Steel Strapping Sales Value by Region
- 5.1.1 Global Steel Strapping Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Steel Strapping Sales Value by Region (2020-2025)
- 5.1.3 Global Steel Strapping Sales Value by Region (2026-2031)
- 5.1.4 Global Steel Strapping Sales Value by Region (%), (2020-2031)
- 5.2 Global Steel Strapping Sales Volume by Region
- 5.2.1 Global Steel Strapping Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Steel Strapping Sales Volume by Region (2020-2025)
- 5.2.3 Global Steel Strapping Sales Volume by Region (2026-2031)
- 5.2.4 Global Steel Strapping Sales Volume by Region (%), (2020-2031)
- 5.3 Global Steel Strapping Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Steel Strapping Sales Value, 2020-2031
- 5.4.2 North America Steel Strapping Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Steel Strapping Sales Value, 2020-2031
- 5.5.2 Europe Steel Strapping Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Steel Strapping Sales Value, 2020-2031
- 5.6.2 Asia Pacific Steel Strapping Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Steel Strapping Sales Value, 2020-2031
- 5.7.2 South America Steel Strapping Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Steel Strapping Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Steel Strapping Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Steel Strapping Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Steel Strapping Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Steel Strapping Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Steel Strapping Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Steel Strapping Sales Value, 2020-2031
- 6.3.2 United States Steel Strapping Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Steel Strapping Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Steel Strapping Sales Value, 2020-2031
- 6.4.2 Europe Steel Strapping Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Steel Strapping Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Steel Strapping Sales Value, 2020-2031
- 6.5.2 China Steel Strapping Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Steel Strapping Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Steel Strapping Sales Value, 2020-2031
- 6.6.2 Japan Steel Strapping Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Steel Strapping Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Steel Strapping Sales Value, 2020-2031
- 6.7.2 South Korea Steel Strapping Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Steel Strapping Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Steel Strapping Sales Value, 2020-2031
- 6.8.2 Southeast Asia Steel Strapping Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Steel Strapping Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Steel Strapping Sales Value, 2020-2031
- 6.9.2 India Steel Strapping Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Steel Strapping Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Signode
- 7.1.1 Signode Company Information
- 7.1.2 Signode Introduction and Business Overview
- 7.1.3 Signode Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Signode Steel Strapping Product Offerings
- 7.1.5 Signode Recent Development
- 7.2 Samuel Strapping
- 7.2.1 Samuel Strapping Company Information
- 7.2.2 Samuel Strapping Introduction and Business Overview
- 7.2.3 Samuel Strapping Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Samuel Strapping Steel Strapping Product Offerings
- 7.2.5 Samuel Strapping Recent Development
- 7.3 Baowu Steel
- 7.3.1 Baowu Steel Company Information
- 7.3.2 Baowu Steel Introduction and Business Overview
- 7.3.3 Baowu Steel Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Baowu Steel Steel Strapping Product Offerings
- 7.3.5 Baowu Steel Recent Development
- 7.4 Anshan Falan
- 7.4.1 Anshan Falan Company Information
- 7.4.2 Anshan Falan Introduction and Business Overview
- 7.4.3 Anshan Falan Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Anshan Falan Steel Strapping Product Offerings
- 7.4.5 Anshan Falan Recent Development
- 7.5 M.J.Maillis Group
- 7.5.1 M.J.Maillis Group Company Information
- 7.5.2 M.J.Maillis Group Introduction and Business Overview
- 7.5.3 M.J.Maillis Group Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 M.J.Maillis Group Steel Strapping Product Offerings
- 7.5.5 M.J.Maillis Group Recent Development
- 7.6 Jiangsu Juhong
- 7.6.1 Jiangsu Juhong Company Information
- 7.6.2 Jiangsu Juhong Introduction and Business Overview
- 7.6.3 Jiangsu Juhong Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Jiangsu Juhong Steel Strapping Product Offerings
- 7.6.5 Jiangsu Juhong Recent Development
- 7.7 Specta
- 7.7.1 Specta Company Information
- 7.7.2 Specta Introduction and Business Overview
- 7.7.3 Specta Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Specta Steel Strapping Product Offerings
- 7.7.5 Specta Recent Development
- 7.8 Bhushan Steel
- 7.8.1 Bhushan Steel Company Information
- 7.8.2 Bhushan Steel Introduction and Business Overview
- 7.8.3 Bhushan Steel Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Bhushan Steel Steel Strapping Product Offerings
- 7.8.5 Bhushan Steel Recent Development
- 7.9 Qinhuangdao Jiashilun
- 7.9.1 Qinhuangdao Jiashilun Company Information
- 7.9.2 Qinhuangdao Jiashilun Introduction and Business Overview
- 7.9.3 Qinhuangdao Jiashilun Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Qinhuangdao Jiashilun Steel Strapping Product Offerings
- 7.9.5 Qinhuangdao Jiashilun Recent Development
- 7.10 Wiscom
- 7.10.1 Wiscom Company Information
- 7.10.2 Wiscom Introduction and Business Overview
- 7.10.3 Wiscom Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Wiscom Steel Strapping Product Offerings
- 7.10.5 Wiscom Recent Development
- 7.11 Kohan Kogyo Co., Ltd
- 7.11.1 Kohan Kogyo Co., Ltd Company Information
- 7.11.2 Kohan Kogyo Co., Ltd Introduction and Business Overview
- 7.11.3 Kohan Kogyo Co., Ltd Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Kohan Kogyo Co., Ltd Steel Strapping Product Offerings
- 7.11.5 Kohan Kogyo Co., Ltd Recent Development
- 7.12 Midfield Industries
- 7.12.1 Midfield Industries Company Information
- 7.12.2 Midfield Industries Introduction and Business Overview
- 7.12.3 Midfield Industries Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Midfield Industries Steel Strapping Product Offerings
- 7.12.5 Midfield Industries Recent Development
- 7.13 Yodogawa Steel Works
- 7.13.1 Yodogawa Steel Works Company Information
- 7.13.2 Yodogawa Steel Works Introduction and Business Overview
- 7.13.3 Yodogawa Steel Works Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Yodogawa Steel Works Steel Strapping Product Offerings
- 7.13.5 Yodogawa Steel Works Recent Development
- 7.14 Polychem
- 7.14.1 Polychem Company Information
- 7.14.2 Polychem Introduction and Business Overview
- 7.14.3 Polychem Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Polychem Steel Strapping Product Offerings
- 7.14.5 Polychem Recent Development
- 7.15 Walzen Strips (P) Ltd
- 7.15.1 Walzen Strips (P) Ltd Company Information
- 7.15.2 Walzen Strips (P) Ltd Introduction and Business Overview
- 7.15.3 Walzen Strips (P) Ltd Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Walzen Strips (P) Ltd Steel Strapping Product Offerings
- 7.15.5 Walzen Strips (P) Ltd Recent Development
- 7.16 Ensho Steel Strapping
- 7.16.1 Ensho Steel Strapping Company Information
- 7.16.2 Ensho Steel Strapping Introduction and Business Overview
- 7.16.3 Ensho Steel Strapping Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 Ensho Steel Strapping Steel Strapping Product Offerings
- 7.16.5 Ensho Steel Strapping Recent Development
- 7.17 Titan Umreifungstechnik
- 7.17.1 Titan Umreifungstechnik Company Information
- 7.17.2 Titan Umreifungstechnik Introduction and Business Overview
- 7.17.3 Titan Umreifungstechnik Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Titan Umreifungstechnik Steel Strapping Product Offerings
- 7.17.5 Titan Umreifungstechnik Recent Development
- 7.18 Linder
- 7.18.1 Linder Company Information
- 7.18.2 Linder Introduction and Business Overview
- 7.18.3 Linder Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 Linder Steel Strapping Product Offerings
- 7.18.5 Linder Recent Development
- 7.19 Cyklop
- 7.19.1 Cyklop Company Information
- 7.19.2 Cyklop Introduction and Business Overview
- 7.19.3 Cyklop Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.19.4 Cyklop Steel Strapping Product Offerings
- 7.19.5 Cyklop Recent Development
- 7.20 SHOKO KIKO CO., LTD
- 7.20.1 SHOKO KIKO CO., LTD Company Information
- 7.20.2 SHOKO KIKO CO., LTD Introduction and Business Overview
- 7.20.3 SHOKO KIKO CO., LTD Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.20.4 SHOKO KIKO CO., LTD Steel Strapping Product Offerings
- 7.20.5 SHOKO KIKO CO., LTD Recent Development
- 7.21 PAC Strapping Products, Inc.
- 7.21.1 PAC Strapping Products, Inc. Company Information
- 7.21.2 PAC Strapping Products, Inc. Introduction and Business Overview
- 7.21.3 PAC Strapping Products, Inc. Steel Strapping Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.21.4 PAC Strapping Products, Inc. Steel Strapping Product Offerings
- 7.21.5 PAC Strapping Products, Inc. Recent Development
8 Industry Chain Analysis
- 8.1 Steel Strapping Industrial Chain
- 8.2 Steel Strapping Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Steel Strapping Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Steel Strapping Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer