The Webbing Market is estimated to be valued at USD 4.35 Bn in 2024 and is expected to reach USD 5.61 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
Figure 1. Webbing Market Share (%), By Region, 2024
Webbing is a narrow fabric formed by warp and weft threads tightly woven together into strips or tubes with much less filler yarn than a fabric. Webbing is prized for being light weight yet very strong for its width. Modern webbing and ropes are most often made from synthetic materials like nylon, polyester or polypropylene. They are being widely used in different industries for packaging, making upholstery, safety equipment, automotive seat belts, climbing gear etc. owing to their robustness and durability. Webbing forms an important raw material base for technical textiles industry.
Market Dynamics:
The webbing market is expected to grow owing to certain key factors and opportunities. The growing safety and security regulations across industries is driving the demand for high strength webbing materials for applications like seat belts, harness systems, window blind cords etc. which is fueling market growth. However, stringent environmental regulations around plastic waste and availability of bio-based alternatives may restraint he markets to some extent. The growing technical textiles industry globally due to rising use of nonwoven fabrics in industries like construction, agriculture, healthcare etc. is opening new opportunities for webbing manufacturers. Innovation around lightweight high strength webbing for applications like aerospace could further boost the market in coming years.
Key Features of the Study:
- This report provides in-depth analysis of the global webbing market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global webbing market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include JP Fibres, American Cord & Webbing Co., Inc., E. Oppermann GmbH, Belt-tech, Narrowtex Australia Pty Ltd, Jiangsu Daxin Webbing Co., Ltd., National Webbing Products., Murdock Webbing Company, Inc., Tennessee Webbing Products, Bally Ribbon Mills, Marling Leek, Autoliv, Eurosandow, Granat Industries, Inc, Sturges Manufacturing Co. Inc., Chung Ting, and BioThane
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global webbing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global webbing market.
Detailed Segmentation-
- By Product:
- Polyester
- Nylon
- Polypropylene
- Carbon Fibers
- p-Aramid Fibers
- UHMWPE
- Others
- By Application:
- Automotive
- Sporting Goods
- Industrial
- Military
- Others
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- JP Fibres
- American Cord & Webbing Co., Inc.
- E. Oppermann GmbH
- Belt-tech
- Narrowtex Australia Pty Ltd
- Jiangsu Daxin Webbing Co., Ltd.
- National Webbing Products.
- Murdock Webbing Company, Inc.
- Tennessee Webbing Products
- Bally Ribbon Mills
- Marling Leek
- Autoliv
- Eurosandow
- Granat Industries, Inc
- Sturges Manufacturing Co. Inc.
- Chung Ting
- BioThane