Global Webbing Market – Industry Trends and Forecast to 2029

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Webbing Market Analysis and Size

Webbings market is projected to grow at a healthy rate during the forecast period. The demand for man-made webbing has risen significantly compared to natural webbing materials. Furthermore, webbing is highly appropriate for use in transportation, automobile and aerospace industries because in these industries require lightweight materials. The automotive sector is anticipated to be the rapidly developing sector of the webbing market globally.

Data Bridge Market Research analyses that the webbing market was valued at USD 3.70 billion in 2021 and is expected to reach USD 6.31 billion by 2029, registering a CAGR of 6.90% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.   

Webbing Market Scope and Segmentation

Market Definition

Webbing is well-defined as a Solid Woven fibre. They are available in tube form or flat strips. They can also be used as a substitute to ropes. Webbing is available in several varieties in the industry. They are generally made up of nylon, polypropylene, hemp, cotton, linen, or polyester. It is extensively used for making everyday products such as strapping for bags, seatbelts and canvas products.

Global Webbing Market Dynamics

Drivers

• Increasing demand of webbing in automotive sector

The automobile manufacturers such as BMW, Merced’s, Audi, and Volkswagen have already used this fabric to make the automobile's exterior and interior parts.  Nylon-based webbing has good elasticity. Due to this it is used in the production of commercial vehicles. The increase in the income level is encouraging the people to use luxury products. As a result, rise in the manufacture of cars has increased the demand of the webbing Thus, the rising demand for cars is acting as the major market driver forthe growth of the market.

• High usage in defence and aerospace sector

The growing demand of webbing from defence and aerospace sector will generate exceptional demand for the product.  The increasing demand of webbing for the manufacture of military apparel and parachuting is fuelling the market growth. There has been a race among the developing and developed countries worldwide to make improvised arms that can offer them an edge in ensuring their safety and security. Moreover, they are also exporting defence goods to other countries. Therefore, the rise in demand of defence goods production is expected to propel the market growth rate.

Opportunities

• Growing demand of webbing in several application

The increasing application of webbing in several end user industries will create lucrative opportunities for the growth of the webbing market. Increase in demand for webbings in several end user industries such as aerospace, automotive, military, industrial & safety, fashion accessories, e-textile, sport goods, marine, medical, and others is anticipated to increase the growth of the global webbing market in upcoming period.

• Increasing product innovations

Major market players or manufacturers of webbing are developing advanced products with the combination of several polymers such as Dyneema, Kevlar, Technora, and Spectra. The development of new products is projected to boost the demand for webbing and will create immense opportunities for market growth in upcoming years.

 Restraints/ Challenges

• Environmental concern

The effect of fiber on the environment can restrict the growth of the market. Polyester is one of the major fiber which is used for the manufacturing of webbing. Polyester is a synthetic petroleum-based fibre, made from a carbon-intensive non-renewable resource. Petroleum-based products are used as feedstock to product fibre, which can harm the environment because of its non-degradable property. It has been projected that around 70 million barrels of oil are used to form polyester each year. Actually, synthetic clothing is also known to be the biggest source of micro plastic waste in the oceans.

This webbing market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the webbing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Webbing Market

The emergence of the covid-19 pandemic has affected several industries, Chemicals and materials is one of the major sector which experienced severe disruptions due to the discontinuation of plant operations and supply chains. The shutdown of manufacturing plants in developed and developing regions has hindered the global supply chains, thus affecting distribution schedules, manufacturing processes, and product sales. The consequences of pandemic have also led to slowdown the webbing production, demand, and trade. However, post Covid-19 situation will favor the market because new developments will take place during the forecast period. 

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Global Webbing Market Scope

The webbing market is segmented on the basis material, product, type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material

• Natural
• Man-made

 Product

• Polyester
• Nylon
• Polypropylene
• Carbon Fibers
• Para Aramid Fibers
• UHMWPE
• Others

Type

• Flat webbing
• Tubular webbing
• Others

Application

• Automotive
• Industrial
• Sporting Goods
• Military
• Others

Webbing Market Regional Analysis/Insights

The webbing market is analysed and market size insights and trends are provided by country, material, product, type and application as referenced above.

The countries covered in the webbing market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the webbing market in terms of revenue and market share. This is due to the growing investments in transport, manufacturing and aerospace sector, and increasing military budget in developing economies in this region.

North America is anticipated to be the fastest developing region during the forecast period of 2022-2029 due to the continuous advancement and product innovations of new products in this region.

 The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Webbing Market Share Analysis

The webbing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to webbing market.

Some of the major players operating in the webbing market are:

• American Cord & Webbing Co., Inc. (ACW Co., Inc.) (U.S.)
• EE. Oppermann GmbH (Germany)
• Belt Tech Industrial (U.S.)
• Narrowtex Australia (Australia)
• Centrex Plastics, LLC (U.S.)
• National Webbing Products Co. (NWP) (U.S.)
• Murdock Webbing Company, Inc. (U.S.)
• Bally Ribbon Mills (U.S.)
• BioThane Coated Webbing Corp (U.S.)
• Inka Oy (Finland)
• Leedon Webbing (U.S.)
• American Webbing and Fittings Inc. (U.S.)
• Webbing Products Pty Ltd (South Africa)
• Universal Webbing Products Co., Ltd (Taiwan)
• Sturges Manufacturing Inc. (U.S.)
• Ohio Plastics  (U.S.)

SKU-55795