Hanger straps are flexible, high‑strength fastening devices used to secure cargo, automotive components, aerospace assemblies, and industrial equipment during transport and operation. Their relevance stems from the growing demand for safe, lightweight, and cost‑effective load‑bearing solutions across multiple verticals. The Hanger Straps market size was estimated at approximately USD 2.8 billion in 2025, and analysts project a robust growth outlook with a CAGR of 6.4% through the market forecast period 2026‑2033, driven by rising automotive production, increased e‑commerce logistics volumes, and stringent safety regulations that underpin the industry expansion. The scope of this market encompasses polymer‑based (polyester, nylon, Kevlar) and metal‑reinforced straps, serving automotive, aerospace, and general industrial applications worldwide.