Elastic Tape Market Next Big Thing : Major Giants Nitto, Honeywell, Jaybird

The Elastic Tape Market has witnessed continuous growth in past few years and is projected to grow at good pace during the forecast period of 2021-2026. The exploration provides a 360° view and insights, highlighting major outcomes of Elastic Tape industry. These insights help the business decision-makers to formulate better business plans and make informed decisions to improved profitability. Additionally, the study helps venture or emerging players in understanding the businesses to make well-informed decisions. Some of the major and emerging players within the market are J.V. Tape (India), Viken Tape Pvt. Ltd. (India), Nitto (Japan), Medco Sports (United States), Jaybird (United States), Medline (United States), Honeywell (United States), LAICATEX (India), H Seal & Co Limited. (United Kingdom), Linyi Doublemoon Hardware Products Co., Ltd. (China).

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Definition:
Woven fabrics are made in different width. Most garments or made-ups are made from the fabric 36” or wider. We commonly see the fabric for Dress Material, Shirting, Suitings or Bed Sheets. Elastic Tapes are categorized under Narrow Fabrics. The narrow fabrics may be elastic or inelastic in nature. While inelastic narrow width fabrics are used in labels, hand tags, straps, shoe laces, Niwars etc., the elastic narrow fabrics, called Elastic Tapes, are used to hold garments firmly in place like in undergarments, trousers, top sleeves, waist-bands, wrist bands, hospital products, hair bands etc. Elastic is used is underwear, knitted shirts, knitted trousers, lingerie and many other garments. Elastic also offers better shape and fitting to the garments making it the essential consumable item in many products.

Breakdown by segments, the market is categorized as: by Type (Braided Elastic, Knit Elastic, Woven Elastic, Fold Over Elastic, Lingerie Elastic), Distribution Channel (Online, Offline (Franchised Store, Supermarket)), Size (Less than 1 inch, 1 inch, 2 inch, 3 inch), Material (Rubber, Cotton Yarn (Bleached and/or Dyed), Synthetic Yarn (Bleached and/or Dyed), Lycra or Spandex Yarn)

Market Trends:
• Rising Use of Knitted Fabric

Market Drivers:
• Increasing Demand for the Undergarments and Readymade Garments

Market Opportunities:
• Increasing Use of Elastic Tape in Sports

Players profiled in the report: J.V. Tape (India), Viken Tape Pvt. Ltd. (India), Nitto (Japan), Medco Sports (United States), Jaybird (United States), Medline (United States), Honeywell (United States), LAICATEX (India), H Seal & Co Limited. (United Kingdom), Linyi Doublemoon Hardware Products Co., Ltd. (China)

Regional Analysis for Elastic Tape Market includes: North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey & Rest of Middle East & Africa

The Global Elastic Tape Market study covers on-going status, % share, upcoming growth patterns, development cycle, SWOT analysis, sales channels & distributions to anticipate trending scenarios for years to come. It aims to recommend analysis of the market by trend analysis, segment breakdown, and players contribution in Elastic Tape market upliftment. The market is sized by 5 major regions i.e., North America, Europe, Asia Pacific (includes Asia & Oceania separately), Middle East and Africa (MEA), and Latin America and further broken down by 18+ jurisdiction or countries like China, the UK, Germany, United States, France, Japan, India, group of Southeast Asian & Nordic countries etc.

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For Consumer-Centric data, demand-side or survey analysis can be added in final deliverable as part of customization that would include analysis and consumer behaviour of Elastic Tape Market by demographic factor such as Age, Gender, Occupation, Income Level or Education. {*subject to data availability and feasibility}

Consumer Traits Includes Following Patterns**
Consumer Buying patterns (e.g., comfort & convenience, economical, pride)
Customer Lifestyle (e.g., health conscious, family orientated, community active)
Expectations (e.g., service, quality, risk, influence)

Major Highlights from the Global Elastic Tape Market factored in the Analysis

Elastic Tape Market Measures & Parameters Addressed in Study: The report highlights Elastic Tape market features such segment revenue, weighted average selling price by region, capacity utilization rate, production & production value, % gross margin by company, consumption, import & export, demand & supply, cost bench-marking of finished product in Elastic Tape Industry, market share and annualized growth rate (Y-o-Y) and % CAGR.

Major Strategic Elastic Tape Market Developments: Activities such as Research & Development (R&D) by phase, on-going and completed Merger & Acquisition (M&A) [deal value, purpose, effective year], Joint ventures (JVs), Technological tie-ups, Suppliers partnerships & collaborations, agreements, new launches etc taken by Elastic Tape Industry players during projected timeframe of study.

What unique qualitative insight is included in Elastic Tape Market research study?
The Global Elastic Tape Market report provides the rigorously studied and evaluated data of the top industry players and their scope in the market by means of various analytical tools. To gain a deep dive analysis; qualitative commentary on changing market dynamics {drivers, restraints & opportunities}, PESTLE, 5-Forces, Feasibility study, BCG matrix (% Share vs % Growth), SWOT by players, Heat Map analysis etc have been provided to better correlate key players product offering in the market.

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Extracts from Table of Contents :
1. Elastic Tape Market Overview
- Market Snapshot
- Definition
- Product Classification
2. Elastic Tape Market Dynamics
- Drivers, Trends, Restraints......
- Market Factors Analysis
3. New Entrants and Entry-barriers
4. Standardization, Regulatory and collaborative initiatives
- Manufacturing Process Analysis
- Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers
5. Global Elastic Tape Market Competition by Manufacturers
6. Elastic Tape Market Value [USD], Capacity, Supply (Production), Consumption, Price, Export-Import (EXIM), by Region (2016-2020)
.......
7. Elastic Tape Revenue (Value), Production, Sales Volume, by Region (2021-2026)
8. Elastic Tape Market Manufacturers Profiles/Analysis
- Market Share Analysis by Manufacturers (2020)
- Manufacturers Profiles (Overview, Financials, SWOT etc)
- Connected Distributors/Traders
- Marketing Strategy by Key Manufacturers/Players

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