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To identify growth opportunities in the webbing market, the market has been segmented into regions that are growing faster than the overall market. These regions have been pitted against regions that have a slower growth rate than the global market in 2018-2023. APAC will grow faster than the overall market. The growth of Europe, MEA, North America, and South America will be slower than the global market.
Some of the key findings from our webbing market forecast report are summarized below
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
Fueled by the rising number of trade agreements between countries, there is an increase in containerized sea-borne and air-borne trade. The Trans-Pacific Partnership in 2018 and the growing economy of Asian countries further contribute to the rise in containerized trade. This has created the demand for strapping equipment such as strapping machines which facilitate the smooth transportation of containerized goods and reduces the risk of product damage during transportation. As a result, the demand for webbing will also grow as it is used as a strapping material for netting cargo. The rise in global containerized cargo trade will be one of the significant factors that will drive webbing market growth during the forecast period.
Several established apparel retailers are adopting the non-replenishment approach in their procurement model to increase their market share. This will enable retailers to restock their inventory more than 11-12 times a year thereby allowing them the flexibility to change their inventory according to the latest trends and demands. The non-replenishment approach will lead to frequent requirements from apparel retailers. As a result, the demand for webbing materials, such as elastic materials will also grow. This will be a critical trend that will have a positive impact on the webbing market, fueling the market growth at a CAGR of over 6% during the forecast period.
The global webbing market is concentrated. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this webbing market research report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make most of the upcoming growth opportunities.
The report offers a detailed analysis of several webbing companies, including:
The apparel segment will account for the largest webbing market share. The growing demand for elastic webbing in the lingerie industry will drive the growth of the webbing market in this segment.
North America will account for the largest webbing market share throughout the forecast period. The growth of the electric vehicle market and apparel industries will drive the region’s contribution to the growth of the global webbing market size.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY END-USER
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
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