It is generally considered the strongest strapping system; however, it is also relatively expensive compared to other strapping system. And the strength it provides can be overkill for most requirements, which can achieve by other cheaper strapping system like PET and steel strapping.
If your loads require the high strength and high elongation property of composite strapping, and your load is being transported in rough condition across large distance, like sea or rail transit. Composite strapping can be a worthwhile consideration.