Webbing Market Size, Competitive Landscape, Business Opportunities and Forecast 2022-2027

According to IMARC Group latest report titled "Webbing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on webbing market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global webbing market size reached US$ 3.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2027, exhibiting a growth rate (CAGR) of 6.81% during 2022-2027.

Webbing refers to a solid woven, versatile fabric made with nylon, polyester, and polypropylene in various strength variations, compositions, and widths. It is extensively used for making everyday items, such as strapping for bags, seatbelts, and canvas products. Webbing is also utilized in manufacturing commercial products, including furniture, equestrian saddlery, marine and yachting equipment, sporting goods, pet leashes, footwear, fitness apparel, etc. It is preferred over rope, chain, or steel wire, owing to its ease of use, high tensile strength, and chemical resistance. As a result, webbing finds widespread applications across several sectors, such as automotive, military, and industrial.

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Market Trends:

The escalating product demand in the automobile industry for manufacturing seatbelts, safety harnesses, recovery and towing straps, convertible tops, airbags, luggage nets, actuating elements, etc., is primarily driving the webbing market. Besides this, the rising number of investments in the defense and military sector to utilize webbing for transporting essential tactical gear for survival exercises, deployment, overnight training, and outdoor expeditions is further augmenting the market growth. Moreover, the introduction of customizable fabric for military personnel in a series of colors and camouflage patterns that fit various environments is also catalyzing the global market. Apart from this, the development of innovative weaving technologies, including combining non-conductive base fibers with specialized, conductive elements to offer e-textiles, is acting as another significant growth-inducing factor. Furthermore, the increasing participation of individuals in sports and the emerging trend of outdoor recreational activities are expected to bolster the webbing market in the coming years.

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Competitive Landscape with Key players:

The report has also analysed the competitive landscape of the market with some of the key players being.
• American Cord & Webbing Co. Inc
• Bally Ribbon Mills
• BioThane Coated Webbing Corp
• E. Oppermann GmbH
• Leedon Webbing Co. Inc.
• Murdock Webbing Company Inc
• National Webbing Products Co.
• Ohio Plastics Belting Co.
• Sturges Manufacturing Co. Inc.
• Tennessee Webbing Products
• Webbing Products Pty Ltd

Webbing Market Segmentation:

Our report has categorized the market based on region, product and application.

Breakup by Product:
• Polyester
• Nylon
• Polypropylene
• Carbon Fibers
• p-Aramid Fibers
• UHMWPE
• Others

Breakup by Application:
• Automotive
• Sporting Goods
• Industrial
• Military
• Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.

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