Seam Tapes Market Worth 283 Million US$ Till 2023: Global Major Manufacturers, Production and Sales Market Comparison
Seam Tapes Market Research Report forecast and Analysis outlook 2018-2023 key product and their regional market and application with major players.
Pune, India -- (SBWire) -- 02/27/2019 --The "Seam Tapes Market by Type (Single-layered, Multi-layered), Backing Material (Polyurethane, Polyvinyl chloride), and Region (North America, Europe, Asia Pacific, Middle East & Africa, South America) - Global Forecast to 2023" report presents an in-depth assessment of the Seam Tapes including enabling technologies, key trends, market drivers, challenges, deployment case studies, standardization, opportunities, future roadmap, value chain, Top key player profiles and strategies. The report also presents market size forecasts from 2018 till 2023.
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The Seam Tapes Market is expected to grow from US$ 205 Million in 2018 to US$ 283 Million by 2023, at a CAGR of 6.7% during the forecast period. The seam tapes market is driven by various factors such as the growing demand from the sports and outdoor apparel industry, increase in demand for protective clothing and accessories.
Top Key Players in the "Seam Tapes Market" include are
- Bemis Associates (US)
- Toray Industries (Japan)
- Himel Corp. (Korea)
- Sealon (Korea)
- Loxy AS (Norway)
- Gerlinger Industries (Germany)
- DingZing (Taiwan)
- Adhesive Films (US)
- San Chemicals (Japan)
- Essentra (UK)
The multi-layered segment is expected to dominate the seam tapes market during the forecast period, owing to the wide range of applications of multi-layered seam tapes in sports and outdoor apparels (caps, gloves, ski wear, swimwear, hiking & tracking apparels, raincoats and jackets, and bottom wear), military apparels (jackets, ponchos, fire suits, and flight jackets), medical apparels (gloves and gowns), protective garments, tents, tarpaulins, footwear, backpacks, automotive (seats, head & armrests, and airbags) and chemical protective garments.
Asia Pacific is expected to be the largest market and have the highest growth rate during the forecast period, owing to the presence of huge garment manufacturing hotspots such as China, India, Vietnam, Indonesia, and Bangladesh in the Asia Pacific region. Cheap labor cost and availability of domestically produced raw material place Asia Pacific as the preferable region to manufacture textile and apparels.
The Study Objectives of this report are:
- To define, analyze, and project the size of the global seam tapes market in terms of type, backing material, and region
- To project the size of the market and its subsegments, in terms of value and volume, with respect to the five main regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America
- To provide detailed information about the key factors such as drivers, opportunities, and industry-specific challenges, influencing market growth
- To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape of the market leaders
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Reason to buy this report:
Seam Tapes Market report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall seam tapes market and its sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies
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