PUBLISHER: Grand View Research | PRODUCT CODE: 1268702
PUBLISHER: Grand View Research | PRODUCT CODE: 1268702
Europe Automotive Webbing Market Size, Share & Trends Analysis Report By Region (Germany, France, U.K., Spain, Italy, Russia), And Segment Forecasts, 2023 - 2030
Europe Automotive Webbing Market Growth & Trends:
The Europe automotive webbing market size is expected to reach USD 197.2 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.6% from 2023 to 2030. The growth is attributed to the increasing demand for webbing in automotive applications for manufacturing seatbelts, battery die-down straps, push & pull straps, and boot lining assemblies.
Rising technological advancements and the availability of a wide array of customizations, such as color and size, in the webbing offered by several key players, are further fueling the growth. For instance, Elastic-Berger GmbH & Co. KG is engaged in manufacturing various types of seatbelts providing integrated microphones for voice recognition. Apart from the usage of the product in seatbelts, the webbing is also used in a multitude of applications in vehicles, including airbag tethers, battery holders, car mat bindings, door tethers, and boot lining assemblies, among others.
Rapid advancements in the use of high-performance raw materials to produce automotive webbing are significantly adding value to these products. Raw materials used for manufacturing webbing include polyesters, cotton, nylon, polypropylene, carbon fiber, ultra-high molecular weight polyethylene (UHMWP), Dyneema (DSM), and Kevlar (DuPont).
The majority of the raw material suppliers have been entering into strategic tie-ups with other manufacturers. These include resource and technology sharing, which also involves expanding production facilities to fulfill the demand-supply gap in the market. This also plays an important role in maintaining their prime position as a supplier in the value chain.
The application industries procure webbing and related products from manufacturers through a distribution or supply channel. Since the line follows business-to-business product procurement, the presence of small regional players and distribution centers is eliminated in the process. This helps the manufacturers maintain a long-term business relationship with end-users, which readily reduces operating costs.
The industry is fragmented in nature and is highly competitive owing to the presence of a large number of players in the market. The companies in the market are focused on R&D investments to improve product strength, durability, and quality, and reduce product weight. Product strength with higher safety standards is the key factor that offers a competitive advantage to the industry participants. The companies in the market use mergers and product contract strategies to strengthen their position in the competitive market.
Europe Automotive Webbing Market Report Highlights:
- Germany dominated the market with a volume of 5.8 kilotons in 2022 and is expected to grow at a volume-based CAGR of over 2.0% during the forecast period. Increasing investments by prominent vehicle manufacturers in the country are anticipated to create a wide scope for growth. Furthermore, rising demand for high-end, luxury cars from domestic consumers in the country is anticipated to be a key factor driving the demand for webbing products in Germany
- The Russia automotive webbing market is expected to grow at a revenue-based CAGR of 6.3% over the forecast period, due to the increasing application of webbing components in passenger cars, luxury cars, light commercial vehicles, and mini trucks. Additionally, automotive production in the country is anticipated to increase owing to the growing demand from domestic and international markets. Automotive production is likely to witness increasing investments by multinational vehicle manufacturers owing to favorable policies and easy trade regulations in the country
- The Europe automotive webbing industry is consolidated owing to the presence of limited numbers of manufacturers. Furthermore, the companies focus on R&D of new types of automotive webbing with high mechanical strength, tensile strength, high abrasion resistance, and long lives to gain a competitive edge over one another. Additionally, strategies adopted by the key market players usually include product portfolio expansion, technology innovation, and geographical expansion of business
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Research Methodology
- 1.3. Research Scope & Assumption
- 1.4. Information Procurement
- 1.4.1. Purchased Database
- 1.4.2. GVR's Internal Database
- 1.4.3. Secondary Sources & Third-Party Perspectives
- 1.4.4. Primary Research
- 1.5. Information Analysis
- 1.5.1. Data Analysis Models
- 1.6. Market Formulation & Data Visualization
- 1.7. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Competitive Insights
Chapter 3. Europe Automotive Webbing Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Value Chain Analysis
- 3.2.1. Sales Channel Analysis
- 3.3. Regulatory Framework
- 3.3.1. Safety Requirement
- 3.3.2. General Requirement
- 3.4. Technology Overview
- 3.5. Market Dynamics
- 3.5.1. Market driver analysis
- 3.5.1.1. Rising demand for electric vehicles
- 3.5.1.2. Increasing safety standards
- 3.5.2. Market restraint analysis
- 3.5.2.1. Decline in automotive production due to the negative impact of covid-19
- 3.5.3. Market Opportunities
- 3.5.1. Market driver analysis
- 3.6. Business Environment Analysis
- 3.6.1. Porter's Analysis
- 3.6.1.1. Supplier Power
- 3.6.1.2. Buyer Power
- 3.6.1.3. Substitution Threat
- 3.6.1.4. Threat from New Entrant
- 3.6.1.5. Competitive Rivalry
- 3.6.2. PESTEL Analysis, by SWOT
- 3.6.2.1. Political Landscape
- 3.6.2.2. Environmental Landscape
- 3.6.2.3. Social Landscape
- 3.6.2.4. Technology Landscape
- 3.6.2.5. Economic Landscape
- 3.6.2.6. Legal Landscape
- 3.6.1. Porter's Analysis
- 3.7. Market Disruption Analysis
Chapter 4. Europe Automotive Webbing Market: Regional Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. Europe Automotive Webbing Market: Regional Outlook
- 4.3. Europe
- 4.3.1. Europe automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.3.2. Germany
- 4.3.2.1. Germany automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.3.3. France
- 4.3.3.1. France automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.3.4. U.K.
- 4.3.4.1. U.K. automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.3.5. Spain
- 4.3.5.1. Spain automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.3.6. Italy
- 4.3.6.1. Italy automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- 4.3.7. Russia
- 4.3.7.1. Russia automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
Chapter 5. Competitive Landscape
- 5.1. Recent developments & Impact Analysis, by Key Market Participants
- 5.2. Competition Categorization
- 5.3. Competition Environment
- 5.4. Vendor Landscape
- 5.5. Company Market Position Analysis
- 5.6. Company Heat Map Analysis
- 5.7. Strategic Framework
- 5.8. Company Listing
- 5.8.1. E. Oppermann GmbH
- 5.8.1.1. Company Overview
- 5.8.1.2. Financial Performance
- 5.8.1.3. Product Benchmarking
- 5.8.1.4. Strategic Initiatives
- 5.8.2. Helmut Pfeiffer GmbH & Co. KG
- 5.8.2.1. Company Overview
- 5.8.2.2. Financial Performance
- 5.8.2.3. Product Benchmarking
- 5.8.2.4. Strategic Initiatives
- 5.8.3. Bowmer Bond Narrow Fabrics Limited
- 5.8.3.1. Company Overview
- 5.8.3.2. Financial Performance
- 5.8.3.3. Product Benchmarking
- 5.8.3.4. Strategic Initiatives
- 5.8.4. Elastic-Berger GmbH & Co. KG
- 5.8.4.1. Company Overview
- 5.8.4.2. Financial Performance
- 5.8.4.3. Product Benchmarking
- 5.8.4.4. Strategic Initiatives
- 5.8.5. Marling Leek
- 5.8.5.1. Company Overview
- 5.8.5.2. Financial Performance
- 5.8.5.3. Product Benchmarking
- 5.8.5.4. Strategic Initiatives
- 5.8.6. Ribbons Ltd
- 5.8.6.1. Company Overview
- 5.8.6.2. Financial Performance
- 5.8.6.3. Product Benchmarking
- 5.8.6.4. Strategic Initiatives
- 5.8.7. H Seal & Co Limited
- 5.8.7.1. Company Overview
- 5.8.7.2. Financial Performance
- 5.8.7.3. Product Benchmarking
- 5.8.7.4. Strategic Initiatives
- 5.8.8. Wisla Narrow Fabrics Limited
- 5.8.8.1. Company Overview
- 5.8.8.2. Financial Performance
- 5.8.8.3. Product Benchmarking
- 5.8.8.4. Strategic Initiatives
- 5.8.9. JTTI - Janisset SAS
- 5.8.9.1. Company Overview
- 5.8.9.2. Financial Performance
- 5.8.9.3. Product Benchmarking
- 5.8.9.4. Strategic Initiatives
- 5.8.10. FANTEX INDUSTRIE
- 5.8.10.1. Company Overview
- 5.8.10.2. Financial Performance
- 5.8.10.3. Product Benchmarking
- 5.8.10.4. Strategic Initiatives
- 5.8.1. E. Oppermann GmbH
List of Tables
- Table 1 Vendor Landscape - Europe automotive webbing market
- Table 2 Company Heat Map Analysis
List of Figures
- Fig. 1 Information Procurement
- Fig. 2 Primary Research Pattern
- Fig. 3 Primary Research Process
- Fig. 4 Market research approaches - Bottom-Up Approach
- Fig. 5 Market research approaches - Top-Down Approach
- Fig. 6 Market research approaches - Combined Approach
- Fig. 7 Europe automotive webbing market value chain analysis
- Fig. 8 Europe automotive webbing Market: Sales channel analysis
- Fig. 9 Europe automotive webbing market - Market dynamics
- Fig. 10 European automotive webbing market driver impact
- Fig. 11 Europe Automotive Webbing Market: Regional Movement Analysis, 2022 & 2030
- Fig. 12 Competition Categorization - Europe Automotive Webbing Market
- Fig. 13 Strategic Framework - Europe Automotive Webbing Market
- Fig. 14 Europe automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 15 Germany automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 16 France automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 17 U.K. automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 18 Spain automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 19 Italy automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
- Fig. 20 Russia automotive webbing market estimates and forecasts, 2018 - 2030 (Kilotons) (USD Million)
