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The transformation and breakthrough of the Webbing, binding tape and slings industry

2025,06,28
Against the backdrop of the continuous expansion in the global industrial and logistics sectors, Products such as Webbing, Tie-Down Straps, Ratchet Straps, Wire Rope Slings, Chain Slings and Lifting Slings, as key cargo fixation and lifting tools, have attracted much attention in terms of their market performance and technological innovations. ​

According to data from the Maitian Venture Capital Industry Research Institute, the global flat nylon webbing market sales reached 5.475 billion yuan in 2024 and are expected to rise to 7.0604 billion yuan by 2031, with a compound annual growth rate (CAGR) of 4.7% (from 2025 to 2031). The Chinese market has undergone significant changes in this process. Its scale was considerable in 2024, and it is expected that its share in the global market will further increase by 2031. This growth trend reflects the steady increase in demand for webbing products in areas such as packaging, transportation, and safety protection. Take industrial webbing as an example. It is used in industries such as automotive manufacturing and construction engineering to fix components and assist in the hoisting of construction equipment. The demand for high-strength and wear-resistant webbing is continuously increasing. ​

As core products for ensuring the safety of goods transportation, the market demand
for binding straps and ratchet binding straps is also on the rise. With the increasing prosperity of global trade, the volume of goods transportation is constantly rising, and the fixed requirements for goods during the transportation process are becoming increasingly strict. Ratchet strapping, with its features of easy operation and strong fastening force, is widely used in transport vehicles such as trucks and vans as well as in logistics and warehousing links. The popularity of a retractable ratchet bundle on TikTok's small store is a case in point. Within nearly 30 days, it has collaborated with 730 product promotion influencers, generating over 1,400 product promotion videos. In the past 7 days, its sales reached 852,200 US dollars. This product is equipped with an instantaneous automatic retractable belt, with a working load limit of up to 403ibs and a maximum breaking strength of 1,209lbs, fully demonstrating the strong competitiveness and innovative vitality of such products in the market. ​

In the field of slings, wire rope slings, chain slings and lifting slings each play a key role in different scenarios due to their unique performance advantages. Wire rope slings, with their high strength and wear resistance, are often used in the hoisting of large equipment and port loading and unloading operations. Chain slings perform well in situations where they need to withstand huge static loads. Lifting slings, such as flat slings and round slings made of synthetic fibers, are widely used in fields like precision equipment handling due to their good flexibility and minimal damage to the surface of the lifted objects. In recent years, to meet higher safety standards and operational requirements, sling products have been constantly innovating in material research and development as well as manufacturing processes. For instance, some enterprises adopt new alloy materials to manufacture chain slings, enhancing their strength and Corrosion Resistance. In terms of lifting slings, the overall load-bearing capacity and stability of synthetic fiber slings are enhanced by improving the weaving process.

In terms of the market competition pattern, there are numerous enterprises in the industry, and the competition is fierce. There are not only internationally renowned enterprises such as National Webbing Products and Murdock Webbing, but also many outstanding domestic manufacturers. Such as Enchain, which was established in 2014 and is a member of WSTDA (Web Sling and Tie Down Association), And SHANDONG SLING & STRAP CO., LTD (3S), etc., which have considerable influence in the domestic professional manufacturing field. These enterprises compete for market share through means such as technological innovation, improving product quality and optimizing services. Enchain has gained a good reputation both at home and abroad by virtue of its profound industry knowledge, advanced technology and persistent pursuit of quality in the manufacturing of synthetic slings. Since focusing on the manufacturing of polyester webbands in 1994, 3S has been continuously developing. Its products comply with strict CE and GS quality standards, with a monthly output exceeding 1,000 tons. ​

With the enhancement of environmental awareness and the deepening of the concept of sustainable development, the future development trend of the industry is gradually becoming clear. On the one hand, the development of environmentally friendly materials such as webbing, binding straps and slings has become an inevitable trend. For instance, biodegradable strapping has attracted market attention. On the other hand, intelligent and digital technologies will gradually be integrated into product design and application. For instance, by embedding sensors in binding straps or slings, real-time monitoring of the fixed state of goods and changes in load during lifting can be achieved, thereby enhancing operational safety and efficiency.
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