Los Angeles, CA -- (SBWire) -- 08/12/2019 --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).

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 was 1200 million US$ in 2018 and is expected to 1610 million US$ by the end of 2025, growing at a CAGR of 3.8% between 2019 and 2025.

This report studies the Measuring Tape market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Measuring Tape in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Stanley Black & Decker

TAJIMA

Komelon

Apex

Starrett

Pro'skit

The Grate Wall

Endura

Hultafors

EXPLOIT

PST

BERENT

Empire

Jetech Tool

BOSI

Kraftwelle

By the product type, the market is primarily split into

Pocket Tapes

Surveyor Tapes

By the end users/application, this report covers the following segments

Woodworking

Construction

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