According to IMARC Group latest report titled “Webbing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on webbing market outlook. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global webbing market size reached US$ 3.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.34% during 2023-2028.
What are webbing?
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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What are the growth prospects and trends in the webbing industry?
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:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- American Cord Webbing Co. Inc
- Bally Ribbon Mills
- BioThane Coated Webbing Corp
- 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 (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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