Tie down straps are also recognized as lashing straps, ratchet straps, or tie downs. These straps are fasteners used to hold down cargo and equipment during transport. These straps are essentially webbing, which is prepared with the tie down hardware that allows the tie down strap to attach to the area surrounding the cargo, loop over the cargo or equipment, or attach to the cargo and equipment. It usually includes a method of tensioning the strap, for instance a ratchet. Tie-down straps market is categorized into three types: Over-center Lever Cam Style Straps, Cam Straps, and Ratchet Straps. Cam straps are most often utilized to safely secure light & fragile cargo that operates by the user depressing & opening the “cam” mechanism, threading the strap with the bottom of the buckle and then pulling this strap to the desired tension before releasing the cam for securing the strap in place. Ratchet straps are generally made by a fabric belt and ratcheting device allows the users to create a tension between two ends that frequently feature hooks. It is used to secure the cargo, whether that is s on a trailer, in a truck bed, or on top of your car’s roof. The applications of these straps are land transportation, aircraft transportation, and individual and other applications.
Tie down straps are essentially used to secure a variety of items during the shipment or movement. There are various types of products such as ratcheted tie downs and hold downs, winch, cargo, and axle straps, cam buckles and bungee cords. They are also utilized with tie-down clamps, D-shaped rings or T-shaped cleats that are made from the heat-treated aluminum, chrome-plated zinc, or stainless steel.
As per study, “Global Tie Down Straps Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” key companies operating in the global tie down straps market include Sandow Technic, Erickson Manufacturing Ltd., Mac's Custom Tie-Downs, Northern Tool, Ancra International, Jinjiang Jiaxing Shoes & Garments Co. Ltd., Draper Tools and Qingdao Huazhuo Machinery Co. Ltd.
Based on type, tie down straps market is bifurcated as loop straps and two-piece straps. Loop tie-down straps are essentially single-piece of webbing, which are looped around the product for ensuring and two endpoints are united together at the tie-down fastener for affixing & providing tension. While, two-piece tie-down strap is a single assembly, which is constructed out of two separate bits of webbing each with their own hardware that is affixed at one end to the area encompassing the equipment to be ensured and connected with each other, typically at the fastener. In addition, market is bifurcated as cargo and aircraft transportation.
Based on geography, tie down straps market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America and rest of the world. North America is the wildest growing region across the world in terms of the market share. Where, due to the countries such as Japan, China, and India, Asian-Pacific region is likely to be the leading region during the forecast period.
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Ankur Gupta, Head Marketing & Communications