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Webbing market forecast

August 28th, 2019 / By: / Industry News

The global webbing market is expected to grow more than 6.0 percent between 2019–2023, according to a market research report by Technavio. The global trade pattern is shifting toward containerized seaborne and airborne trade. Containerized cargo requires effective lashing to reduce the risk of product damage during transit, and strapping equipment ensures the smooth transportation of containerized goods. The demand for webbing—which is used as strapping material for netting cargo—is expected to increase.