Asia Pacific Webbing Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Natural and Man-Made), Product (Flat Webbing, Tubular Webbing, and Others), and End Use (Aerospace, Automotive, Military, Industrial and Safety, Fashion Accessories, E-Textile, Sport Goods, Marine, Medical, and Others)
Market Introduction
The Asia Pacific webbing market is a highly fragmented market with the presence of considerable regional and local players providing numerous solutions for companies investing in the market arena. The demand for environment-friendly fabric material has been increasing with the rising concerns related to environment degradation and waste management coupled with growing focus on the deployment of sustainable materials. The demand for such materials is strongly driven by stringent government regulations on the use of nonbiodegradable webbing materials due to the adverse impacts of such material. With growing focus toward eco-friendly webbing materials, manufacturers have come up with new materials such as recycled polyester, bamboo webbing, wool webbing, rayon webbing, soy webbing, organic cotton webbing, linen webbing, jute webbing, and hemp webbing. Such webbing materials have comparatively less pH value, which makes them ideal to be used in textile materials. This type of webbing material does not cause skin itching and does not damage the weak acidic environment of the skin surface. Also, the materials do not use disperse dyes, which may cause allergies. The increasing investments by manufacturers in R&D activities for the development of environment-friendly and performance-efficient webbing materials would drive the growth of the webbing market in coming years.
In case of COVID-19, in Asia Pacific, especially India, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of webbing manufacturing activities. Downfall of other chemical and materials manufacturing sectors has negatively impacted the demand for webbing during the early months of 2020. Moreover, decline in the overall fiber and composites manufacturing activities has led to discontinuation of webbing manufacturing projects, thereby reducing the demand for webbing. Similar trend was witnessed in other Asia Pacific countries, i.e., Japan, China and Australia. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
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Market Overview and Dynamics
The webbing market in Asia Pacific is expected to grow from US$ 653.36 million in 2021 to US$ 942.24 million by 2028; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028. Asia Pacific has emerged as one of the lucrative regions for webbing market. Further, the shift in consumer lifestyle has bolstered the demand for several industrial and nonindustrial products, which is driving the demand for webbing in the economy. The region encompasses an ample number of opportunities for the growth of the market owing to the rapid industrial development along with significant rise in foreign direct investments and increase in expenditure toward research and development activities, which are altogether expected to diversify the application base of webbing in coming years. China is dominating the regional market, followed by other countries such as Japan, India, Vietnam, Korea, Thailand, Malaysia, and Indonesia. For instance, as per an article published in People's Daily Online, China's sports industry grew by 11.6% in 2019. In 2019, the year-on-year size of China's sports industry increased by 10.9%. Similarly, the sports industry in India grew up by 15% in 2019, according to DataPOWA with a considerable increment over the Asia Pacific average of 5%. Hence, the growth of sports industry is expected to promote the demand for webbing in Asian market.
Key Market Segments
Based on material, the man-made segment accounted for the largest share of the Asia Pacific webbing market in 2020. Based on product, the flat webbing segment accounted for the largest share of the Asia Pacific webbing market in 2020. Based on product, the automotive segment accounted for the largest share of the Asia Pacific webbing market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the Asia Pacific webbing market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include E. Oppermann GmbH; Narrowtex Australia; National Webbing Products Co. and Tennessee Webbing Products.
Reasons to buy report
- To understand the Asia Pacific webbing market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for Asia Pacific webbing market
- Efficiently plan M&A and partnership deals in Asia Pacific webbing market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Asia Pacific webbing market
- Obtain market revenue forecast for market by various segments from 2019-2028 in Asia Pacific region.
Asia Pacific Webbing Market Segmentation
Asia Pacific Webbing Market -By Material
- Natural
- Man-Made
Asia Pacific Webbing Market -By Product
- Flat Webbing
- Tubular Webbing
- Others
Asia Pacific Webbing Market – By End-Use
- Aerospace
- Automotive
- Military
- Industrial and Safety
- Fashion Accessories
- E-Textile
- Sport Goods
- Marine
- Medical
- Others
Asia Pacific Webbing Market – By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
Asia Pacific Webbing Market – Company Profiles
- E. Oppermann GmbH
- Narrowtex Australia
- National Webbing Products Co.
- Tennessee Webbing Products
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Asia Pacific Webbing Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of Substitutes
4.2.4 Threat of New Entrants
4.2.5 Intensity of Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. Webbing Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Expansion of the Automotive Industry
5.1.2 An Upsurge in the Demand for Man-Made Webbing
5.2 Market Restraints
5.2.1 Stringent Government Regulations together with High Maintenance Cost
5.3 Market Opportunities
5.3.1 Heightening Application Base of Webbing
5.4 Future Trends
5.4.1 Incrementing Demand for Environment-Friendly and Biodegradable Webbing
5.5 Impact Analysis of Drivers and Restraints
6. Webbing – Asia Pacific Market Analysis
6.1 Webbing Market Overview
6.2 Webbing Market –Revenue and Forecast to 2028 (US$ Million)
7. Asia Pacific Webbing Market Analysis – By Material
7.1 Overview
7.2 Asia Pacific Webbing Market Breakdown, by Material, 2020 & 2028
7.3 Natural
7.3.1 Overview
7.3.2 Natural: Asia Pacific Webbing Market, Revenue and Forecast to 2028 (US$ Million)
7.4 Man- Made
7.4.1 Overview
7.4.2 Man- Made: Asia Pacific Webbing Market, Revenue and Forecast to 2028 (US$ Million)
8. Asia Pacific Webbing Market Analysis – By Product
8.1 Overview
8.2 Asia Pacific Webbing Market Breakdown, by Product, 2020 & 2028
8.3 Flat Webbing
8.3.1 Overview
8.3.2 Flat Webbing: Asia Pacific Webbing Market, Revenue and Forecast to 2028 (US$ Million)
8.4 Tubular Webbing
8.4.1 Overview
8.4.2 Tubular Webbing: Asia Pacific Webbing Market, Revenue and Forecast to 2028 (US$ Million)
8.5 Other Product
8.5.1 Overview
8.5.2 Other Product: Webbing Market – Revenue and Forecast to 2028 (US$ Million)
9. Asia Pacific Webbing Market Analysis – By End- Use
9.1 Overview
9.2 Webbing Market Breakdown, By Form 2020 & 2028
9.3 Aerospace
9.3.1 Overview
9.3.2 Aerospace: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
9.4 Automotive
9.4.1 Overview
9.4.2 Automotive: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
9.1.1 Overview
9.1.2 Military: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
9.2 Industrial and Safety
9.2.1 Overview
9.2.2 Industrial and Safety: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
9.3 Fashion Accessories
9.3.1 Overview
9.3.2 Fashion Accessories: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
9.4 E- Textile
9.4.1 Overview
9.4.2 E- Textile: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
9.5 Sports Goods
9.5.1 Overview
9.5.2 Sports Goods: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
9.6 Marine
9.6.1 Overview
9.6.2 Marine: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
9.7 Medical
9.7.1 Overview
9.7.2 Medical: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
9.8 Other
9.8.1 Overview
9.8.2 Others: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
10. Asia Pacific Webbing Market – Country Analysis
10.1 Asia Pacific Webbing Market Revenue and Forecasts To 2028
10.1.1 Asia Pacific Webbing Market Breakdown, by Country
10.1.1.1 Australia Webbing Market Revenue and Forecast to 2028 (US$ MN)
10.1.1.1.1 Australia Webbing Market Breakdown, by Material
10.1.1.1.2 Australia Webbing Market Breakdown, by Product
10.1.1.1.3 Australia Webbing Market Breakdown, by End-Use
10.1.1.2 China Webbing Market Revenue and Forecast to 2028 (US$ MN)
10.1.1.2.1 China Webbing Market Breakdown, by Material
10.1.1.2.2 China Webbing Market Breakdown, by Product
10.1.1.2.3 China Webbing Market Breakdown, by End-Use
10.1.1.3 Japan Webbing Market Revenue and Forecast to 2028 (US$ MN)
10.1.1.3.1 Japan Webbing Market Breakdown, by Material
10.1.1.3.2 Japan Webbing Market Breakdown, by Product
10.1.1.3.3 Japan Webbing Market Breakdown, by End-Use
10.1.1.4 India Webbing Market Revenue and Forecast to 2028 (US$ MN)
10.1.1.4.1 India Webbing Market Breakdown, by Material
10.1.1.4.2 India Webbing Market Breakdown, by Product
10.1.1.4.3 India Webbing Market Breakdown, by End-Use
10.1.1.5 South Korea Webbing Market Revenue and Forecast to 2028 (US$ MN)
10.1.1.5.1 South Korea Webbing Market Breakdown, by Material
10.1.1.5.2 South Korea Webbing Market Breakdown, by Product
10.1.1.5.3 South Korea Webbing Market Breakdown, by End-Use
10.1.1.6 Rest of Asia Pacific Webbing Market Revenue and Forecast to 2028 (US$ MN)
10.1.1.6.1 Rest of Asia Pacific Webbing Market Breakdown, by Material
10.1.1.6.2 Rest of Asia Pacific Webbing Market Breakdown, by Product
10.1.1.6.3 Rest of Asia Pacific Webbing Market Breakdown, by End-Use
11. Overview- Impact of COVID-19 on Asia Pacific Webbing Market
11.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
12. Company Profiles
12.1 E. Oppermann GmbH
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Narrowtex Australia
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 National Webbing Products Co.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Tennessee Webbing Products
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Asia Pacific Webbing Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. Australia Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 3. Australia Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 4. Australia Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 5. China Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 6. China Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 7. China Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 8. Japan Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 9. Japan Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 10. Japan Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 11. India Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 12. India Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 13. India Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 14. South Korea Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 15. South Korea Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 16. South Korea Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of Asia Pacific Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of Asia Pacific Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of Asia Pacific Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 20. Glossary of Terms, Webbing Market
LIST OF FIGURES
Figure 1. Webbing Market Segmentation
Figure 2. Asia Pacific Webbing Market Segmentation – By Country
Figure 3. Asia Pacific Webbing Market Overview
Figure 4. Automotive Segment Held Largest Share of Asia Pacific Webbing Market
Figure 5. China Held Largest Share of Asia Pacific Webbing Market
Figure 6. Asia Pacific Webbing Market, Industry Landscape
Figure 7. Porter ‘s Five Forces Analysis for Webbing Market
Figure 8. Webbing Market– Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. Webbing Market Impact Analysis of Drivers and Restraints
Figure 11. Asia Pacific: Webbing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Asia Pacific Webbing Market Breakdown, By Material, 2020 & 2028 (%)
Figure 13. Natural: Asia Pacific Webbing Market, Revenue and Forecast to 2028 (US$ Million)
Figure 14. Man- Made: Asia Pacific Webbing Market, Revenue and Forecast to 2028 (US$ Million)
Figure 15. Asia Pacific Webbing Market Breakdown, by Product, 2020 & 2028 (%)
Figure 16. Flat Webbing: Asia Pacific Webbing Market, Revenue and Forecast to 2028 (US$ Million)
Figure 17. Tubular Webbing: Asia Pacific Webbing Market, Revenue and Forecast to 2028 (US$ Million)
Figure 18. Other Product: Webbing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Webbing Market Breakdown, By Form 2020 & 2028 (%)
Figure 20. Aerospace: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 21. Automotive: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 22. Military: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 23. Industrial and Safety: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 24. Fashion Accessories: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 25. E- Textile: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 26. Sports Goods: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 27. Marine: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 28. Medical: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 29. Others: Webbing Market – Revenue, and Forecast to 2028 (US$ Mn)
Figure 30. Asia Pacific: Webbing Market, by Key Country – Revenue (2020) (USD Million)
Figure 31. Asia Pacific Webbing Market Breakdown, by Country, 2020 & 2028(%)
Figure 32. Australia Webbing Market Forecasts To 2028 (US$ Mn)
Figure 33. China Webbing Market Forecasts To 2028 (US$ Mn)
Figure 34. Japan Webbing Market Forecasts To 2028 (US$ Mn)
Figure 35. India Webbing Market Forecasts To 2028 (US$ Mn)
Figure 36. South Korea Webbing Market Forecasts To 2028 (US$ Mn)
Figure 37. Rest of Asia Pacific Webbing Market Forecasts To 2028 (US$ Mn)
Figure 38. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- E. Oppermann GmbH
- Narrowtex Australia
- National Webbing Products Co.
- Tennessee Webbing Products
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific webbing market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific webbing market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific webbing market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution