Global Measuring Tape Market Projected to Reach 1630 Million US$ by 2025
The global Measuring Tape market is valued at 1210 million US$ in 2017 and will reach 1630 million US$ by the end of 2025, growing at a CAGR of 3.8% during 2018-2025.
Los Angeles, CA -- (SBWire) -- 12/01/2018 --This report studies the global Measuring Tape market status and forecast, categorizes the global Measuring Tape market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
A Measuring Tape or tape measure is a flexible ruler. It consists of a ribbon of cloth, plastic, fiber glass, or metal strip with linear-measurement markings. It is a common measuring tool. Its design allows for a measure of great length to be easily carried in pocket or toolkit and permits one to measure around curves or corners. Today it is ubiquitous, even appearing in miniature form as a keychain fob, or novelty item. Surveyors use tape measures in lengths of over 100 m (300+ ft).
Measuring Tapes designed for carpentry or construction often use a stiff, curved metallic ribbon or fiberglass fabric that can remain stiff and straight when extended, but retracts into a coil for convenient storage. This type of tape measure will have a floating tang or hook on the end to aid measuring. The tang is connected to the tape with loose rivets through oval holes, and can move a distance equal to its thickness, to provide both inside and outside measurements that are accurate. A tape measure of 25 or even 100 feet can wind into a relatively small container. The self-marking tape measure allows the user an accurate one hand measure.
For industry structure analysis, the Measuring Tape industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 22 % of the revenue market. Regionally, Asia-Pacific is the biggest revenue market, also the leader in the whole Measuring Tape industry.
The Measuring Tape industry market is not concentrated as the manufacturing technology of Measuring Tape is relatively matures than some high-tech equipment. More than 85% measuring taps are pocket tapes which are more convenient while surveyor tapes are needed in tough outdoor working conditions.
China occupied 22.39% of the sales market in 2016. It is followed by India and United States, which respectively account for around 16.81% and 9.92% of the global total industry. Other countries have a smaller amount of sales.
The global Measuring Tape market is valued at 1210 million US$ in 2017 and will reach 1630 million US$ by the end of 2025, growing at a CAGR of 3.8% during 2018-2025.
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The major manufacturers covered in this report
Stanley Black & Decker
Tajima
Apex
Hultafors
Irwin
Pro'skit
Grate Wall
Endura
Exploit
komelon
PST
BERENT
Jetech Tool
Empire
BOSI
Kraftwelle
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Pocket Tapes
Surveyor Tapes
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Woodworking
Construction
Others
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