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Global Webbing Market 2019-2023
SKU ID : TNV-14253019 | Publishing Date : 08-May-2019 | No. of pages : 109
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About this market
The growth of the apparel industry is one of the key factors anticipated to trigger market growth during the forecast period. The per capita spending in the apparel industry is driving the webbing market. Increasing export activities by enhancing domestic production in developing countries including India and Bangladesh are expected to be a driving factor in the global apparel industry. Rising demand for high-quality intimate apparel is further expected to increase the demand for webbing in the upcoming years. Technavio’s analysts have predicted that the webbing market will register a CAGR of over 6% by 2023.
Market Overview
Growth of global passenger vehicle market
The growth in passenger vehicle sales and production will increase the requirement for seat belt webbing as seat belts are a standard safety tool in vehicles.
Declining furniture export from Asia to Europe
The decline in furniture exports from Asia to Europe is expected to affect the demand for furniture webbing in Asia as Europe during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the webbing market during 2019-2023, view our report.
Competitive Landscape
The market appears to be concentrated with the presence of a few market players. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
The growth of the apparel industry is one of the key factors anticipated to trigger market growth during the forecast period. The per capita spending in the apparel industry is driving the webbing market. Increasing export activities by enhancing domestic production in developing countries including India and Bangladesh are expected to be a driving factor in the global apparel industry. Rising demand for high-quality intimate apparel is further expected to increase the demand for webbing in the upcoming years. Technavio’s analysts have predicted that the webbing market will register a CAGR of over 6% by 2023.
Market Overview
Growth of global passenger vehicle market
The growth in passenger vehicle sales and production will increase the requirement for seat belt webbing as seat belts are a standard safety tool in vehicles.
Declining furniture export from Asia to Europe
The decline in furniture exports from Asia to Europe is expected to affect the demand for furniture webbing in Asia as Europe during the forecast period.
For the detailed list of factors that will drive and challenge the growth of the webbing market during 2019-2023, view our report.
Competitive Landscape
The market appears to be concentrated with the presence of a few market players. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
