Webbing Market to Grow at a CAGR of 5.1% to reach US$ 1745.84 Million from 2021 to 2028
The webbing market is projected to reach US$ 1745.84 million by 2028 from US$ 1,195.35 million in 2020; it is expected to grow at a CAGR of 5.1% from 2021 to 2028.
Webbing is a strong woven fiber available in flat strips or tube form; it is used as a substitute of rope. Conventionally, webbing is produced using cotton and silk, however, polymer, nylon, and polyester are replacing the traditional materials. Webbing is known for its properties such as convenience, tensile strength, and chemical resistance; it can be used as a replacement of steel wires, ropes, or chains in various industrial applications. Webbings are significantly used in military apparels, parachutes, climbing, automotive textile, fire safety gear, military goods, harnesses, packs, hiking gear, and others. Other than this, webbing is extensively used to produce protective equipment for oil & gas workers.
The automotive segment would hold the largest share of the global webbing market, by end use, in 2021. Webbing is a significant component of manufacturing of seat belts, safety harnesses, pull straps; edge binding for convertible tops; straps and binding for luggage nets; catch belts for airbags; and so on. Rise in demand for vehicles in developing economies such as India and China is supporting the growth of the market. According to the Global status report on road safety, the growing important and awareness about wearing a seatbelt to minimize the risk of a fatality among front seat passengers and rear-seat passengers has promoted the demand for webbing.
In 2021, Asia Pacific would account for the largest share of the global webbing market. The dominance of this region in the global market is primarily attributed to the presence of strong industrial sector, including the manufacturing units of several prominent enterprises. The demand for webbing is high in verticals such as automotive, aerospace & defense, industrial and safety, fashion accessories, textile, and sports goods. Further, the rise in investments in the manufacturing sector provides lucrative opportunities for the growth of the webbing market in Asia Pacific. Favorable policies implemented by the government of India such as Atmanirbhar Bharat and Make in India are expected to create sufficient growth opportunities for the diverse industrial bases, which, in turn, would boost the consumption of webbings in the region.
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Webbing Market: Strategic Insights
Market Size Value in US$ 1,195.35 Million in 2020 Market Size Value by US$ 1745.84 Million by 2028 Growth rate CAGR of 5.1% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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Webbing Market: Strategic Insights
| Market Size Value in | US$ 1,195.35 Million in 2020 |
| Market Size Value by | US$ 1745.84 Million by 2028 |
| Growth rate | CAGR of 5.1% from 2021-2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Impact of COVID-19 Pandemic on Webbing Market
As of June 2021, the US, India, Brazil, Russia, the UK, France, Spain, Italy, Turkey, Germany, Colombia, and Argentina are among the worst-affected countries by the COVID-19 pandemic. Measures imposed to contain the disease spread, including lockdown, travel bans, and business shutdowns, have severely impacted economies and industries in several countries. Chemicals & materials is one of the key industries experiencing severe disruptions due to the discontinuation of supply chains and plant operations. The shutdown of manufacturing plants in regions such as North America, Europe, and APAC has hampered the global supply chains, thereby affecting manufacturing processes, distribution schedules, and product sales. The consequences of COVID-19 pandemic have also led to the slowdown of webbing production, demand, and trade. The shutdown of national and international boundaries have affected business development strategies of various companies. However, with the economies planning to revive their operations, relaxing lockdown measures, and conducting mass vaccination drives, the webbing market is likely to bounce back in the coming months.
Market Insights
Rise in Demand for Man-Made Webbing Contributes Significantly to Webbing Market Growth
The demand for man-made webbing has significantly risen more significantly than in comparison to natural webbing materials. Aramid fibers, polybenzoxazole, polyester, polypropylene, and nylon are the several types of man-made synthetic materials used in webbing. Polyester is known for its various outstanding characteristics such as high tensile strength and, resistance toward water, abrasion and ultraviolet deterioration, easy in maintenance along with, resistance toward water, abrasions, and ultraviolet radiations, stretching, and shrinkage, resistance, and chemicals resistance. Therefore, amongst the other types of man-made webbing material, the use of polyester-based webbings is being used in has been extended across a diversified range of application bases such as marine fabric applications, bag handles, sail ties, and support straps. Moreover, slings made up of from synthetic polyester (fiber material) are comparatively lighter in weight than both wire rope and chain slings. Other than polyester, the demand for nylon is high owing to its better elasticity than other materials. Nylon-based webbings are being used Such property has enabled its use in numerous end-use applications such as airbags, seat belts, safety harnesses, and luggage nets, among others. Also, Remarkable features of carbon fibers have several features such as include limited thermal expansion, coupled with tolerance toward extreme temperature tolerance conditions, chemical resistance, high with tensile strength, and light low weight, and high tensile strength, which make them it an ideal webbing material. The carbon fiber-based webbings are used to be used in military and sporting goods.
Material Insights
On the basis of material, the webbing market is segmented into natural and man-made. The man-made segment is currently dominating the market, in terms of revenue share. The market growth of this segment is credited to lower prices and better availability of man-made materials used in webbing production. These materials include polyester, nylon, polypropylene, aramid fibers, polybenzoxazole, liquid crystal polymer yarn, and high-modulus polyethylene. Polyester webbing is commonly utilized in applications requiring low to high load-bearing capacities. Due to its superior fade resistance, polyester webbing is increasingly used in maritime fabric applications such as support straps, sail ties, and bag handles. In addition, polyester is well-known for its superior properties such as quick-drying, easy cleaning, and high tensile strength as well as resistance to ultraviolet deterioration, water, abrasions, stretching, shrinkage, chemical exposure, and mildew growth.
Product Insights
Based on product, the webbing market is categorized into flat webbing, tubular webbing, and other product. The flat webbing segment is currently dominating the market, in terms of revenue share. Flat webbing, often known as flat rope, is made of solidly woven fibers and is available in various thicknesses and widths. Flat webbing works effectively in applications where the material can be woven into a larger product, such as backpack straps, seatbelts, and reinforcing bindings. It is usually stiffer than tubular textiles.
End Use Insights
Based on end use, the webbing market is segmented into aerospace, automotive, military, industrial and safety, fashion accessories, e-textile, sport goods, marine, medical, and others. The aerospace segment is currently dominating the market, in terms of revenue share. The development and use of webbing have revolutionized the aerospace industry. Features of woven webbing such as high-performance and low weight help to meet rigorous industry standards applicable for the aerospace industry. The woven webbing also confer benefits such as heat, chemical rot and abrasion resistance, and easy cleaning to the aerospace applications. Further, the specialized narrow fabrics, 2D and 3D thermoset, thermoplastic fabrics, and novel e-webbings are suited for meeting specific strength requirements of the industry. In addition, the materials are widely used in crucial aerospace applications such as parachutes, cargo restraint systems, and seating, as well as in a few interior applications such as crew safety system components, flight suits, air slides, seatbelts, and flotation devices.
A few of the major key players operating in the webbing market are American Cord & Webbing Co, Inc.; Belt-tech; E. Oppermann GmbH; Narrowtex Australia; and National Webbing Products Co. These market players are highly focusing on the development of high-quality and innovative product offerings.
Report Spotlights
- Progressive webbings industry trends to help players develop effective long-term strategies
- Business growth strategies adopted by the webbing market players in developed and developing markets
- Quantitative analysis of the market from 2019 to 2028
- Estimation of global demand for webbings
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook as well as factors driving and restraining the growth of the webbings market
- Assistance in decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- Detailed overview and segmentation of the market, as well as the webbings industry dynamics
- Size of the webbings market in various regions with promising growth opportunities
Webbing Market Report Scope
Webbing Market, by Material
- Natural
- Man-Made
Webbing Market, by Product
- Flat Webbing
- Tubular Webbing
- Others
Webbing Market, by Product
- Aerospace
- Automotive
- Military
- Industrial and Safety
- Fashion Accessories
- E-Textile
- Sport Goods
- Marine
- Medical
- Others
Company Profiles
- American Cord & Webbing Co., Inc.
- Bally Ribbon Mills
- Belt-tech
- E. Oppermann GmbH
- Murdock Webbing Company, Inc.
- Narrowtex Australia
- National Webbing Products Co.
- Ohio Plastics Belting Co.
- Ribbon Webbing Corp
- Tennessee Webbing Products
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Material , Product , and End Use
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Automotive segment held the largest share in the global webbing market in 2020. Webbing is significantly used in preparation of production of seat belts, safety harnesses, pull straps, edge binding for convertible tops, straps and binding for luggage nets, catch belts for airbags and other such products in automotive industry. Rise in demand for vehicles in developing economies such as India and China are expected to proliferate the growth of the market. For instance, according to Global status report on road safety, the rising focus towards wearing a seatbelt to minimize the risk of a fatality among front seat passengers and rear-seat passengers has promoted the demand for webbing. Additionally, the significant growth in automotive industry is expected to complement the growth of webbing market.
The major players operating in the global webbing market are H AMERICAN CORD & WEBBING CO., INC.; BALLY RIBBON MILLS; BELT-TECH; E. OPPERMANN GMBH; MURDOCK WEBBING COMPANY, INC.; NARROWTEX AUSTRALIA; NATIONAL WEBBING PRODUCTS CO.; OHIO PLASTICS BELTING CO.; RIBBON WEBBING CORP; TENNESSEE WEBBING PRODUCTS; and among others.
In 2020, Asia Pacific contributed to the largest share in the global webbing market. The dominance of the webbing market in this region is primarily attributable to the presence of strong industrial base with prominent manufactures significantly contributing to market growth. High demand of webbing from applications such as automotive, aerospace and defense, industrial and safety, fashion accessories, textile, sport goods and other industries backed by significant growth in end-use industrial bases is stimulating the demand for webbing in regional market. The rise in investment in manufacturing sector across economies further, provides lucrative opportunities for the growth of the webbing market in Asia Pacific.
1. Introduction. 20
1.1 Study Scope. 20
1.2 The Insight Partners Research Report Guidance. 20
1.3 Market Segmentation. 21
2. Key Takeaways. 23
3. Research Methodology. 27
3.1 Scope of the Study. 27
3.2 Research Methodology. 27
3.2.1 Data Collection: 28
3.2.2 Primary Interviews: 28
3.2.3 Hypothesis formulation: 29
3.2.4 Macro-economic factor analysis: 29
3.2.5 Developing base number: 29
3.2.6 Data Triangulation: 29
3.2.7 Country level data: 30
4. Webbing Market Landscape. 31
4.1 Market Overview. 31
4.2 Porter’s Five Forces Analysis. 31
4.2.1 Bargaining Power of Suppliers. 32
4.2.2 Bargaining Power of Buyers. 32
4.2.3 Threat of Substitutes. 32
4.2.4 Threat of New Entrants. 33
4.2.5 Intensity of Competitive Rivalry. 33
4.3 Ecosystem Analysis. 33
4.4 Expert Opinions. 34
5. Webbing Market – Key Market Dynamics. 35
5.1 Market Drivers. 35
5.1.1 Growth of Automotive Industry. 35
5.1.2 Rise in Demand for Man-Made Webbing. 35
5.2 Market Restraints. 35
5.2.1 Stringent Government Regulations along with High Maintenance Cost 35
5.3 Market Opportunities. 36
5.3.1 Expanding Application Base of Webbing. 36
5.4 Future Trends. 36
5.4.1 Surge in Demand for Environment-Friendly and Biodegradable Webbing. 36
5.5 Impact Analysis of Drivers and Restraints. 37
6. Webbing – Global Market Analysis. 38
6.1 Webbing Market Overview. 38
6.2 Webbing Market –Revenue and Forecast to 2028 (US$ Million) 39
6.3 Market Positioning – Global Market Players. 40
7. Global Webbing Market Analysis – By Material 41
7.1 Overview. 41
7.2 Global Webbing Market Breakdown, by Material, 2020 & 2028. 41
7.3 Natural 41
7.3.1 Overview.. 41
7.3.2 Natural: Global Webbing Market, Revenue and Forecast to 2028 (US$ Million) 41
7.3.3 Natural: Global Webbing Market, Revenue and Forecast to 2028 (US$ Million) 42
7.4 Man- Made. 43
7.4.1 Overview.. 43
7.4.2 Man- Made: Global Webbing Market, Revenue and Forecast to 2028 (US$ Million) 43
7.4.3 Man- Made: Global Webbing Market, Revenue and Forecast to 2028 (US$ Million) 43
8. Global Webbing Market Analysis – By Product 44
8.1 Overview. 44
8.2 Global Webbing Market Breakdown, by Product, 2020 & 2028. 44
8.3 Flat Webbing. 45
8.3.1 Overview.. 45
8.3.2 Flat Webbing: Global Webbing Market, Revenue and Forecast to 2028 (US$ Million) 45
8.3.3 Flat Webbing: Global Webbing Market, Revenue and Forecast to 2028 (US$ Million) 45
8.4 Tubular Webbing. 46
8.4.1 Overview.. 46
8.4.2 Tubular Webbing: Global Webbing Market, Revenue and Forecast to 2028 (US$ Million) 46
8.4.3 Tubular Webbing: Global Webbing Market, Revenue and Forecast to 2028 (US$ Million) 46
8.5 Other Product 47
8.5.1 Overview.. 47
8.5.2 Other Product: Webbing Market – Revenue and Forecast to 2028 (US$ Million) 47
9. Global Webbing Market Analysis – By End- Use. 48
9.1 Overview. 48
9.2 Webbing Market Breakdown, By Form 2020 & 2028. 48
9.3 Aerospace. 48
9.3.1 Overview.. 48
9.3.2 Aerospace: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn) 48
9.4 Automotive. 50
9.4.1 Overview.. 50
9.4.2 Automotive: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn) 50
9.9 Sports Goods. 55
9.10 Marine. 56
9.11 Medical 57
9.12 Others. 58
10. Global Webbing Market – Geographic Analysis. 59
10.1 Overview. 59
10.2 North America Webbing Market Revenue and Forecasts To 2028. 59
10.2.1 North America Webbing Market Revenue and Forecast to 2028 (US$ Mn) 60
10.2.2 North America Webbing Market Breakdown, by Material 61
10.2.3 North America Webbing Market Breakdown, by Product 61
10.2.4 North America Webbing Market Breakdown, by End-Use. 62
10.2.5 North America Webbing Market Breakdown, by Country. 63
10.2.5.1 US Webbing Market Revenue and Forecast to 2028 (US$ MN) 64
10.2.5.1.1 US Webbing Market Breakdown, by Material 64
10.2.5.1.2 US Webbing Market Breakdown, by Product 65
10.2.5.1.3 US Webbing Market Breakdown, by End-Use. 65
10.2.5.2 Canada Webbing Market Revenue and Forecast to 2028 (US$ MN) 66
10.2.5.2.1 Canada Webbing Market Breakdown, by Material 66
10.2.5.2.2 Canada Webbing Market Breakdown, by Product 67
10.2.5.2.3 Canada Webbing Market Breakdown, by End-Use. 67
10.2.5.3 Mexico Webbing Market Revenue and Forecast to 2028 (US$ MN) 68
10.2.5.3.1 Mexico Webbing Market Breakdown, by Material 68
10.2.5.3.2 Mexico Webbing Market Breakdown, by Product 69
10.2.5.3.3 Mexico Webbing Market Breakdown, by End-Use. 69
10.3 Europe Webbing Market Revenue And Forecasts To 2028. 70
10.3.1 Europe Webbing Market Revenue and Forecast to 2028 (US$ Mn) 70
10.3.2 Europe Webbing Market Breakdown, by Material 71
10.3.3 Europe Webbing Market Breakdown, by Product 72
10.3.4 Europe Webbing Market Breakdown, by End-Use. 73
10.3.5 Europe Webbing Market Breakdown, by Country. 74
10.3.5.1 Germany Webbing Market Revenue and Forecast to 2028 (US$ MN) 74
10.3.5.1.1 Germany Webbing Market Breakdown, by Material 75
10.3.5.1.2 Germany Webbing Market Breakdown, by Product 75
10.3.5.1.3 Germany Webbing Market Breakdown, by End-Use. 76
10.3.5.2 France Webbing Market Revenue and Forecast to 2028 (US$ MN) 77
10.3.5.2.1 France Webbing Market Breakdown, by Material 77
10.3.5.2.2 France Webbing Market Breakdown, by Product 78
10.3.5.2.3 France Webbing Market Breakdown, by End-Use. 78
10.3.5.3 UK Webbing Market Revenue and Forecast to 2028 (US$ MN) 79
10.3.5.3.1 UK Webbing Market Breakdown, by Material 79
10.3.5.3.2 UK Webbing Market Breakdown, by Product 80
10.3.5.3.3 UK Webbing Market Breakdown, by End-Use. 80
10.3.5.4 Italy Webbing Market Revenue and Forecast to 2028 (US$ MN) 81
10.3.5.4.1 Italy Webbing Market Breakdown, by Material 81
10.3.5.4.2 Italy Webbing Market Breakdown, by Product 82
10.3.5.4.3 Italy Webbing Market Breakdown, by End-Use. 82
10.3.5.5 Russia Webbing Market Revenue and Forecast to 2028 (US$ MN) 83
10.3.5.5.1 Russia Webbing Market Breakdown, by Material 83
10.3.5.5.2 Russia Webbing Market Breakdown, by Product 84
10.3.5.5.3 Russia Webbing Market Breakdown, by End-Use. 84
10.3.5.6 Rest of Europe Webbing Market Revenue and Forecast to 2028 (US$ MN) 85
10.3.5.6.1 Rest of Europe Webbing Market Breakdown, by Material 85
10.3.5.6.2 Rest of Europe Webbing Market Breakdown, by Product 85
10.3.5.6.3 Rest of Europe Webbing Market Breakdown, by End-Use. 86
10.4 Asia Pacific Webbing Market Revenue And Forecasts To 2028. 87
10.4.1 Asia Pacific Webbing Market Revenue and Forecast to 2028 (US$ Mn) 87
10.4.2 Asia Pacific Webbing Market Breakdown, by Material 88
10.4.3 Asia Pacific Webbing Market Breakdown, by Product 89
10.4.4 Asia Pacific Webbing Market Breakdown, by End-Use. 90
10.4.5 Asia Pacific Webbing Market Breakdown, by Country. 91
10.4.5.1 Australia Webbing Market Revenue and Forecast to 2028 (US$ MN) 91
10.4.5.1.1 Australia Webbing Market Breakdown, by Material 92
10.4.5.1.2 Australia Webbing Market Breakdown, by Product 92
10.4.5.1.3 Australia Webbing Market Breakdown, by End-Use. 93
10.4.5.2 China Webbing Market Revenue and Forecast to 2028 (US$ MN) 94
10.4.5.2.1 China Webbing Market Breakdown, by Material 94
10.4.5.2.2 China Webbing Market Breakdown, by Product 95
10.4.5.2.3 China Webbing Market Breakdown, by End-Use. 95
10.4.5.3 Japan Webbing Market Revenue and Forecast to 2028 (US$ MN) 96
10.4.5.3.1 Japan Webbing Market Breakdown, by Material 96
10.4.5.3.2 Japan Webbing Market Breakdown, by Product 97
10.4.5.3.3 Japan Webbing Market Breakdown, by End-Use. 97
10.4.5.4 India Webbing Market Revenue and Forecast to 2028 (US$ MN) 98
10.4.5.4.1 India Webbing Market Breakdown, by Material 98
10.4.5.4.2 India Webbing Market Breakdown, by Product 99
10.4.5.4.3 India Webbing Market Breakdown, by End-Use. 99
10.4.5.5 South Korea Webbing Market Revenue and Forecast to 2028 (US$ MN) 100
10.4.5.5.1 South Korea Webbing Market Breakdown, by Material 100
10.4.5.5.2 South Korea Webbing Market Breakdown, by Product 101
10.4.5.5.3 South Korea Webbing Market Breakdown, by End-Use. 101
10.4.5.6 Rest of Asia Pacific Webbing Market Revenue and Forecast to 2028 (US$ MN) 102
10.4.5.6.1 Rest of Asia Pacific Webbing Market Breakdown, by Material 102
10.4.5.6.2 Rest of Asia Pacific Webbing Market Breakdown, by Product 103
10.4.5.6.3 Rest of Asia Pacific Webbing Market Breakdown, by End-Use. 103
10.5 Middle East and Africa Webbing Market Revenue And Forecasts To 2028. 104
10.5.1 Middle East and Africa Webbing Market Revenue and Forecast to 2028 (US$ Mn) 104
10.5.2 Middle East and Africa Webbing Market Breakdown, by Material 104
10.5.3 Middle East and Africa Webbing Market Breakdown, by Product 105
10.5.4 Middle East and Africa Webbing Market Breakdown, by End-Use. 106
10.5.5 Middle East and Africa Webbing Market Breakdown, by Country. 107
10.5.5.1 South Africa Webbing Market Revenue and Forecast to 2028 (US$ MN) 108
10.5.5.1.1 South Africa Webbing Market Breakdown, by Material 108
10.5.5.1.2 South Africa Webbing Market Breakdown, by Product 109
10.5.5.1.3 South Africa Webbing Market Breakdown, by End-Use. 109
10.5.5.2 Saudi Arabia Webbing Market Revenue and Forecast to 2028 (US$ MN) 110
10.5.5.2.1 Saudi Arabia Webbing Market Breakdown, by Material 110
10.5.5.2.2 Saudi Arabia Webbing Market Breakdown, by Product 111
10.5.5.2.3 Saudi Arabia Webbing Market Breakdown, by End-Use. 111
10.5.5.3 UAE Webbing Market Revenue and Forecast to 2028 (US$ MN) 112
10.5.5.3.1 UAE Webbing Market Breakdown, by Material 112
10.5.5.3.2 UAE Webbing Market Breakdown, by Product 113
10.5.5.3.3 UAE Webbing Market Breakdown, by End-Use. 113
10.5.5.4 Rest of Middle East and Africa Webbing Market Revenue and Forecast to 2028 (US$ MN) 114
10.5.5.4.1 Rest of Middle East and Africa Webbing Market Breakdown, by Material 114
10.5.5.4.2 Rest of Middle East and Africa Webbing Market Breakdown, by Product 115
10.5.5.4.3 Rest of Middle East and Africa Webbing Market Breakdown, by End-Use. 115
10.6 South America Webbing Market Revenue And Forecasts To 2028. 116
10.6.1 South America Webbing Market Revenue and Forecast to 2028 (US$ Mn) 117
10.6.2 South America Webbing Market Breakdown, by Material 117
10.6.3 South America Webbing Market Breakdown, by Product 118
10.6.4 South America Webbing Market Breakdown, by End-Use. 119
10.6.5 South America Webbing Market Breakdown, by Country. 120
10.6.5.1 Brazil Webbing Market Revenue and Forecast to 2028 (US$ MN) 120
10.6.5.1.1 Brazil Webbing Market Breakdown, by Material 121
10.6.5.1.2 Brazil Webbing Market Breakdown, by Product 121
10.6.5.1.3 Brazil Webbing Market Breakdown, by End-Use. 121
10.6.5.2 Argentina Webbing Market Revenue and Forecast to 2028 (US$ MN) 123
10.6.5.2.1 Argentina Webbing Market Breakdown, by Material 123
10.6.5.2.2 Argentina Webbing Market Breakdown, by Product 124
10.6.5.2.3 Argentina Webbing Market Breakdown, by End-Use. 124
10.6.5.3 Rest of South America Webbing Market Revenue and Forecast to 2028 (US$ MN) 125
10.6.5.3.1 Rest of South America Webbing Market Breakdown, by Material 125
10.6.5.3.2 Rest of South America Webbing Market Breakdown, by Product 126
10.6.5.3.3 Rest of South America Webbing Market Breakdown, by End-Use. 126
11. Overview- Impact of COVID-19. 127
11.1 North America: Impact Assessment of COVID-19 Pandemic. 127
11.2 Europe: Impact Assessment of COVID-19 Pandemic. 128
11.3 Asia-Pacific: Impact Assessment of COVID-19 Pandemic. 129
11.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic. 130
11.5 South America: Impact Assessment of COVID-19 Pandemic. 130
12. Industry Landscape. 131
12.1 Overview. 131
12.2 Product Launch. 131
13. Company Profiles. 132
13.1 American Cord & Webbing Co., Inc. 132
13.1.1 Key Facts. 132
13.1.2 Business Description. 132
13.1.3 Products and Services. 132
13.1.4 Financial Overview.. 132
13.1.5 SWOT Analysis. 133
13.1.6 Key Developments. 133
13.2 Bally Ribbon Mills. 134
13.2.1 Key Facts. 134
13.2.2 Business Description. 134
13.2.3 Products and Services. 134
13.2.4 Financial Overview.. 134
13.2.5 SWOT Analysis. 135
13.2.6 Key Developments. 135
13.3 Belt-tech. 136
13.3.1 Key Facts. 136
13.3.2 Business Description. 136
13.3.3 Products and Services. 136
13.3.4 Financial Overview.. 136
13.3.5 SWOT Analysis. 137
13.3.6 Key Developments. 137
13.4 E. Oppermann GmbH. 138
13.4.1 Key Facts. 138
13.4.2 Business Description. 138
13.4.3 Products and Services. 138
13.4.4 Financial Overview.. 139
13.4.5 SWOT Analysis. 139
13.4.6 Key Developments. 139
13.5 Murdock Webbing Company, Inc. 140
13.5.1 Key Facts. 140
13.5.2 Business Description. 140
13.5.3 Products and Services. 140
13.5.4 Financial Overview.. 140
13.5.5 SWOT Analysis. 141
13.5.6 Key Developments. 141
13.6 Narrowtex Australia. 142
13.6.1 Key Facts. 142
13.6.2 Business Description. 142
13.6.3 Products and Services. 142
13.6.4 Financial Overview.. 142
13.6.5 SWOT Analysis. 143
13.6.6 Key Developments. 143
13.7 National Webbing Products Co. 144
13.7.1 Key Facts. 144
13.7.2 Business Description. 144
13.7.3 Products and Services. 144
13.7.4 Financial Overview.. 144
13.7.5 SWOT Analysis. 145
13.7.6 Key Developments. 145
13.8 Ohio Plastics Belting Co. 146
13.8.1 Key Facts. 146
13.8.2 Business Description. 146
13.8.3 Products and Services. 146
13.8.4 Financial Overview.. 146
13.8.5 SWOT Analysis. 147
13.8.6 Key Developments. 147
13.9 Ribbon Webbing Corp. 148
13.9.1 Key Facts. 148
13.9.2 Business Description. 148
13.9.3 Products and Services. 148
13.9.4 Financial Overview.. 148
13.9.5 SWOT Analysis. 149
13.9.6 Key Developments. 149
13.10 Tennessee Webbing Products. 150
13.10.1 Key Facts. 150
13.10.2 Business Description. 150
13.10.3 Products and Services. 150
13.10.4 Financial Overview.. 150
13.10.5 SWOT Analysis. 151
13.10.6 Key Developments. 151
14. Appendix. 152
14.1 About The Insight Partners. 152
14.2 Glossary of Terms. 152
LIST OF TABLES
Table 1. Webbing Market –Revenue and Forecast to 2028 (US$ Million) 39
Table 2. North America Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 61
Table 3. North America Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 62
Table 4. North America Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 62
Table 5. US Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 64
Table 6. US Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 65
Table 7. US Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 65
Table 8. Canada Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 66
Table 9. Canada Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 67
Table 10. Canada Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 67
Table 11. Mexico Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 68
Table 12. Mexico Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 69
Table 13. Mexico Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 69
Table 14. Europe Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 71
Table 15. Europe Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 72
Table 16. Europe Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 73
Table 17. Germany Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 75
Table 18. Germany Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 75
Table 19. Germany Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 76
Table 20. France Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 77
Table 21. France Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 78
Table 22. France Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 78
Table 23. UK Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 79
Table 24. UK Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 80
Table 25. UK Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 80
Table 26. Italy Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 81
Table 27. Italy Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 82
Table 28. Italy Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 82
Table 29. Russia Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 83
Table 30. Russia Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 84
Table 31. Russia Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 84
Table 32. Rest of Europe Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 85
Table 33. Rest of Europe Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 85
Table 34. Rest of Europe Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 86
Table 35. Asia Pacific Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 88
Table 36. Asia Pacific Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 89
Table 37. Asia Pacific Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 90
Table 38. Australia Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 92
Table 39. Australia Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 92
Table 40. Australia Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 93
Table 41. China Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 94
Table 42. China Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 95
Table 43. China Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 95
Table 44. Japan Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 96
Table 45. Japan Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 97
Table 46. Japan Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 97
Table 47. India Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 98
Table 48. India Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 99
Table 49. India Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 99
Table 50. South Korea Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 100
Table 51. South Korea Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 101
Table 52. South Korea Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 101
Table 53. Rest of Asia Pacific Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 102
Table 54. Rest of Asia Pacific Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 103
Table 55. Rest of Asia Pacific Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 103
Table 56. Middle East and Africa Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 105
Table 57. Middle East and Africa Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 106
Table 58. Middle East and Africa Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 106
Table 59. South Africa Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 108
Table 60. South Africa Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 109
Table 61. South Africa Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 109
Table 62. Saudi Arabia Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 110
Table 63. Saudi Arabia Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 111
Table 64. Saudi Arabia Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 111
Table 65. UAE Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 112
Table 66. UAE Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 113
Table 67. UAE Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 113
Table 68. Rest of Middle East and Africa Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 114
Table 69. Rest of Middle East and Africa Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 115
Table 70. Rest of Middle East and Africa Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 115
Table 71. South and Central America Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 118
Table 72. South and Central America Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 118
Table 73. South and Central America Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 119
Table 74. Brazil Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 121
Table 75. Brazil Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 121
Table 76. Brazil Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 121
Table 77. Argentina Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 123
Table 78. Argentina Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 124
Table 79. Argentina Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 124
Table 80. Rest of South and Central America Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million) 125
Table 81. Rest of South and Central America Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million) 126
Table 82. Rest of South and Central America Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million) 126
Table 83. Glossary of Terms, Webbing Market 152
LIST OF FIGURES
Figure 1. Webbing Market Segmentation. 21
Figure 2. Webbing Market Segmentation – By Geography. 22
Figure 3. Global Webbing Market Overview. 23
Figure 4. Automotive Segment Held Largest Share of Global Webbing Market 24
Figure 5. Asia Pacific Region Held Largest Share of Global Webbing Market 25
Figure 6. Global Webbing Market, Industry Landscape. 26
Figure 7. Porter ‘s Five Forces Analysis for Webbing Market 32
Figure 8. Webbing Market– Ecosystem Analysis. 33
Figure 9. Expert Opinion. 34
Figure 10. Webbing Market Impact Analysis of Drivers and Restraints. 37
Figure 11. Geographic Overview of Webbing Market 38
Figure 12. Global: Webbing Market – Revenue and Forecast to 2028 (US$ Million) 39
Figure 13. Global Webbing Market Breakdown, By Material, 2020 & 2028 (%) 41
Figure 14. Global Webbing Market Breakdown, by Product, 2020 & 2028 (%) 44
Figure 15. Other Product: Webbing Market – Revenue and Forecast to 2028 (US$ Million) 47
Figure 16. Webbing Market Breakdown, By Form 2020 & 2028 (%) 48
Figure 17. Aerospace: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn) 49
Figure 18. Automotive: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn) 50
Figure 9. Webbing Market Breakdown, by Region, 2020 & 2028 (%) 59
Figure 10. North America Webbing Market Revenue and Forecasts To 2028 (US$ Mn) 60
Figure 11. North America Webbing Market Breakdown, By Material, 2020 & 2028 (%) 61
Figure 12. North America Webbing Market Breakdown, by Product, 2020 & 2028 (%) 61
Figure 13. North America Webbing Market Breakdown, by End-Use, 2020 & 2028 (%) 62
Figure 14. North America Webbing Market Breakdown, by Country, 2020 & 2028(%) 63
Figure 15. US Webbing Market Forecasts To 2028 (US$ Mn) 64
Figure 16. Canada Webbing Market Forecasts To 2028 (US$ Mn) 66
Figure 17. Mexico Webbing Market Forecasts To 2028 (US$ Mn) 68
Figure 18. Europe Webbing Market Revenue and Forecasts To 2028 (US$ Mn) 71
Figure 19. Europe Webbing Market Breakdown, By Material, 2020 & 2028 (%) 71
Figure 20. Europe Webbing Market Breakdown, By Product, 2020 & 2028 (%) 72
Figure 21. Europe Webbing Market Breakdown, by End-Use, 2020 & 2028 (%) 73
Figure 22. Europe Webbing Market Breakdown, by Country, 2020 & 2028 (%) 74
Figure 23. Germany Webbing Market Forecasts To 2028 (US$ Mn) 74
Figure 24. France Webbing Market Forecasts To 2028 (US$ Mn) 77
Figure 25. UK Webbing Market Forecasts To 2028 (US$ Mn) 79
Figure 26. Italy Webbing Market Forecasts To 2028 (US$ Mn) 81
Figure 27. Russia Webbing Market Forecasts To 2028 (US$ Mn) 83
Figure 28. Rest of Europe Webbing Market Forecasts To 2028 (US$ Mn) 85
Figure 29. Asia Pacific Webbing Market Revenue and Forecasts To 2028 (US$ Mn) 88
Figure 30. Asia Pacific Webbing Market Breakdown, By Material, 2020 & 2028 (%) 88
Figure 31. Asia Pacific Webbing Market Breakdown, by Product, 2020 & 2028 (%) 89
Figure 32. Asia Pacific Webbing Market Breakdown, by End-Use, 2020 & 2028 (%) 90
Figure 33. Asia Pacific Webbing Market Breakdown, by Country, 2020 & 2028(%) 91
Figure 34. Australia Webbing Market Forecasts To 2028 (US$ Mn) 91
Figure 35. China Webbing Market Forecasts To 2028 (US$ Mn) 94
Figure 36. Japan Webbing Market Forecasts To 2028 (US$ Mn) 96
Figure 37. India Webbing Market Forecasts To 2028 (US$ Mn) 98
Figure 38. South Korea Webbing Market Forecasts To 2028 (US$ Mn) 100
Figure 39. Rest of Asia Pacific Webbing Market Forecasts To 2028 (US$ Mn) 102
Figure 40. Middle East and Africa Webbing Market Revenue and Forecasts To 2028 (US$ Mn) 104
Figure 41. Middle East and Africa Webbing Market Breakdown, By Material, 2020 & 2028 (%) 104
Figure 42. Middle East and Africa Webbing Market Breakdown, by Product, 2020 & 2028 (%) 105
Figure 43. Middle East and Africa Webbing Market Breakdown, by End-Use, 2020 & 2028 (%) 106
Figure 44. Middle East and Africa Webbing Market Breakdown, by Country, 2020 & 2028(%) 107
Figure 45. South Africa Webbing Market Forecasts To 2028 (US$ Mn) 108
Figure 46. Saudi Arabia Webbing Market Forecasts To 2028 (US$ Mn) 110
Figure 47. UAE Webbing Market Forecasts To 2028 (US$ Mn) 112
Figure 48. Rest of Middle East and Africa Webbing Market Forecasts To 2028 (US$ Mn) 114
Figure 49. South America Webbing Market Revenue and Forecasts To 2028 (US$ Mn) 117
Figure 50. South America Webbing Market Breakdown, By Material, 2020 & 2028 (%) 117
Figure 51. South America Webbing Market Breakdown, by Product, 2020 & 2028 (%) 118
Figure 52. South America Webbing Market Breakdown, by End-Use, 2020 & 2028 (%) 119
Figure 53. South America Webbing Market Breakdown, by Country, 2020 & 2028(%) 120
Figure 54. Brazil Webbing Market Forecasts To 2028 (US$ Mn) 120
Figure 55. Argentina Webbing Market Forecasts To 2028 (US$ Mn) 123
Figure 56. Rest of South America Webbing Market Forecasts To 2028 (US$ Mn) 125
Figure 57. Impact of COVID-19 Pandemic in North American Country Markets. 127
Figure 58. Impact of COVID-19 Pandemic in Europe Country Markets. 128
Figure 59. Impact of COVID-19 Pandemic in Asia Pacific Country Markets. 129
Figure 60. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets. 130
Figure 61. Impact of COVID-19 Pandemic in South America Country Markets. 130
The List of Companies - Webbing Market
- AMERICAN CORD & WEBBING CO., INC
- BALLY RIBBON MILLS
- BELT-TECH
- E. OPPERMANN GMBH
- MURDOCK WEBBING COMPANY, INC.
- NARROWTEX AUSTRALIA
- NATIONAL WEBBING PRODUCTS CO.
- OHIO PLASTICS BELTING CO.
- RIBBON WEBBING CORP
- TENNESSEE WEBBING PRODUCTS
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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