Global Tie-Down Straps Market Size, Share and Trends Analysis Report, By Type (Loop Straps and Two-Piece Straps), By Application  (Logistics and Transportation), Forecast (2022-2028)

The global tie down straps market is expected to grow at a significant CAGR during the forecast period (2022-2028). Lashing Straps feature an easy-to-use gator clip, and are generally lightest-duty tie-down strap with a maximum of 100-lb working load and 220-lb break strength. They are designed for use on cargo carriers, game carts, and other small loads. Cam buckle straps have lighter-duty than ratchet straps, however, heavier-duty than lashing straps. They are designed for use with medium-sized loads such as dirt bikes and ATVs, and can have up to a 500-lb working load and 1,500-lb breaking strength. They are easy and quicker to tighten and release than a ratchet strap, however, cannot safely secure as much weight.

Ratchet Straps are named for their method of locking and securing the strap through an easy-to-use ratcheting system. Ratchet straps can have a working load limit up to 5,000 lbs. with a 15,000-lb break strength rating, and can create a tighter and more secure restraint which is ideal for solid, heavy loads. Snap Hooks are similar to an S-hook, however, feature a latch that snaps closed around the tie-down point to provide a more secure grip than an S-hook. Flat Hooks feature a low-profile, versatile design to go over the rub rail of a trailer, and can use other tie-down straps as anchor points. Some major players in the market include Horizon Global Corp., Everest, and Winston Products, among others.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Horizon Global Corp., Everest, and Winston Products, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Tie–Down Straps Market Report by Segment

By Type

• Loop Straps
• Two–Piece Straps

By Application

• Logistics
• Transportation

Global Tie–Down Straps Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa