The global webbing market size reached US$ 4.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.7 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.
Market Size in 2023
|US$ 4.1 Billion
Market Forecast in 2032
|US$ 6.7 Billion
|Market Growth Rate 2024-2032
Webbing is a versatile, solid woven fabric made with polyester, nylon, and polypropylene in different compositions, strength variations, and widths. It is widely used for making everyday items, such as seatbelts and strapping for bags and canvas products. It is also employed in the manufacturing of commercial products, including sporting goods, furniture, equestrian saddlery, marine and yachting equipment, pet leashes, footwear, and fitness apparel. Moreover, due to its ease of use, high tensile strength, and chemical resistance, webbing is gaining traction over steel wire, rope, or chain in various industrial applications.
Webbing Market Trends:
The growing sales of passenger vehicles represent one of the key factors positively influencing the utilization of webbing in the automotive industry for manufacturing airbags, seat belts, safety harnesses, recovery and towing straps, convertible tops, luggage nets, and actuating elements. Moreover, manufacturers are offering customizable webbing for military personnel in a series of colors and camouflage patterns that fit various environments. They are also developing new weaving technologies, such as combining non-conductive base fibers with specialized, conductive elements to offer e-textiles. This is driving the demand for webbing in the healthcare industry as well as protective clothing. Furthermore, increasing investments in the defense and military sector are also influencing the use of webbing to transport essential tactical gear for survival exercises, deployment, overnight training, and outdoor expeditions. Apart from this, the rising participation of individuals in sports, along with the emerging trend of outdoor recreational activities, is anticipated to impel the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global webbing market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product and application.
Breakup by Product:
- Carbon Fibers
- p-Aramid Fibers
Breakup by Application:
- Sporting Goods
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles 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 and Webbing Products Pty Ltd (SA Bias Industries Group).
|Base Year of the Analysis
||Product, Application, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
|| 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 and Webbing Products Pty Ltd (SA Bias Industries Group)
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Key Questions Answered in This Report:
- How has the global webbing market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global webbing market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global webbing market and who are the key players?
- What is the degree of competition in the industry?