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The global webbing market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
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.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the global webbing market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product and application.
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Breakup by Region:
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).
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