North America 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 North America 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 North America, especially the US, 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 North America countries, i.e., Mexico, Canada, Panama and Costa Rica. 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 North America is expected to grow from US$ 230.17 million in 2021 to US$ 327.92 million by 2028; it is estimated to grow at a CAGR of 5.2% from 2021 to 2028. The webbing material is either naturally procured from animal skin or is prepared artificially. In earlier times, the material was denuded from moose, deer, or caribou. However, in the twentieth century, manufacturers shifted their extraction to cow hide, being the economical and high-quality rawhide. With the expanding demand for webbing, manufacturers have alternatively switched toward man-made webbing material. In the US, ACW is considered as one of the leading manufacturers webbing material. Other than this, as per an article published by Industrial Fabrics Association International, Paiho North America is involved in offering special spun polyester material for webbing, which can be used in diverse application bases such as apparel, shoes and sporting goods, and industrial or medical applications. The rapid pace of technological developments and supporting government regulations have transformed North America into the most promising market for the aviation, automotive, medical, marine, and other sectors. The shifting lifestyle of consumers promote the demand for several industrial and consumer products, which accelerates the growth of several industrial bases. The growth of these industries is directly impacting the demand for webbing.
Key Market Segments
Based on material, the man-made segment accounted for the largest share of the North America webbing market in 2020. Based on product, the flat webbing segment accounted for the largest share of the North America webbing market in 2020. Based on product, the automotive segment accounted for the largest share of the North America webbing market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the North America webbing market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report include American Cord & Webbing Co. Inc.; Bally Ribbon Mills; Belt-Tech; E. Oppermann GmbH; Murdock Webbing Company, Inc.; Narrowtex Australia; National Webbing Products Co.; Ohio Plastics Belting Co.; Ribbon Webbing Corp and Tennessee Webbing Products.
Reasons to buy report
- To understand the North America 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 North America webbing market
- Efficiently plan M&A and partnership deals in North America 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 North America webbing market
- Obtain market revenue forecast for market by various segments from 2019-2028 in North America region.
North America Webbing Market Segmentation
North America Webbing Market -By Material
- Natural
- Man-Made
North America Webbing Market -By Product
- Flat Webbing
- Tubular Webbing
- Others
North America Webbing Market – By End-Use
- Aerospace
- Automotive
- Military
- Industrial and Safety
- Fashion Accessories
- E-Textile
- Sport Goods
- Marine
- Medical
- Others
North America Webbing Market – By Country
- US
- Canada
- Mexico
North America Webbing Market – Company Profiles
- American Cord & Webbing Co., Inc.
- Bally Ribbon Mills
- Belt-tech
- E. Oppermann GmbH
- Murdock Webbing Company, Inc.
- Narrowtex Australia
- National Webbing Products Co.
- Ohio Plastics Belting Co.
- Ribbon Webbing Corp
- 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. North America 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. North America Webbing Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growth of Automotive Industry
5.1.2 Rise in Demand for Man-Made Webbing
5.2 Market Restraints
5.2.1 Stringent Government Regulations along with High Maintenance Cost
5.3 Market Opportunities
5.3.1 Expanding Application Base of Webbing
5.4 Future Trends
5.4.1 Surge in Demand for Environment-Friendly and Biodegradable Webbing
5.5 Impact Analysis of Drivers and Restraints
6. Webbing – North America Market Analysis
6.1 Webbing Market Overview
6.2 Webbing Market –Revenue and Forecast to 2028 (US$ Million)
7. North America Webbing Market Analysis – By Material
7.1 Overview
7.2 North America Webbing Market Breakdown, by Material, 2020 & 2028
7.3 Natural
7.3.1 Overview
7.3.2 Natural: North America Webbing Market, Revenue and Forecast to 2028 (US$ Million)
7.4 Man- Made
7.4.1 Overview
7.4.2 Man- Made: North America Webbing Market, Revenue and Forecast to 2028 (US$ Million)
8. North America Webbing Market Analysis – By Product
8.1 Overview
8.2 North America Webbing Market Breakdown, by Product, 2020 & 2028
8.3 Flat Webbing
8.3.1 Overview
8.3.2 Flat Webbing: North America Webbing Market, Revenue and Forecast to 2028 (US$ Million)
8.4 Tubular Webbing
8.4.1 Overview
8.4.2 Tubular Webbing: North America 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. North America 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)
9.5 Sports Goods
9.6 Marine
9.7 Medical
9.8 Others
10. North America Webbing Market – Country Analysis
10.1 North America Webbing Market Revenue and Forecasts To 2028
10.1.1 North America Webbing Market Breakdown, by Country
10.1.1.1 US Webbing Market Revenue and Forecast to 2028 (US$ MN)
10.1.1.1.1 US Webbing Market Breakdown, by Material
10.1.1.1.2 US Webbing Market Breakdown, by Product
10.1.1.1.3 US Webbing Market Breakdown, by End-Use
10.1.1.2 Canada Webbing Market Revenue and Forecast to 2028 (US$ MN)
10.1.1.2.1 Canada Webbing Market Breakdown, by Material
10.1.1.2.2 Canada Webbing Market Breakdown, by Product
10.1.1.2.3 Canada Webbing Market Breakdown, by End-Use
10.1.1.3 Mexico Webbing Market Revenue and Forecast to 2028 (US$ MN)
10.1.1.3.1 Mexico Webbing Market Breakdown, by Material
10.1.1.3.2 Mexico Webbing Market Breakdown, by Product
10.1.1.3.3 Mexico Webbing Market Breakdown, by End-Use
11. Overview- Impact of COVID-19 on North America Webbing Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Product Launch
13. Company Profiles
13.1 American Cord & Webbing Co., Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Bally Ribbon Mills
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Belt-tech
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 E. Oppermann GmbH
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Murdock Webbing Company, Inc.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Narrowtex Australia
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 National Webbing Products Co.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Ohio Plastics Belting Co.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Ribbon Webbing Corp
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Tennessee Webbing Products
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Webbing Market –Revenue and Forecast to 2028 (US$ Million)
Table 2. US Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 3. US Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 4. US Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 5. Canada Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 6. Canada Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 7. Canada Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 8. Mexico Webbing Market, by Material – Revenue and Forecast to 2028 (USD Million)
Table 9. Mexico Webbing Market, by Product – Revenue and Forecast to 2028 (USD Million)
Table 10. Mexico Webbing Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 11. Glossary of Terms, Webbing Market
LIST OF FIGURES
Figure 1. Webbing Market Segmentation
Figure 2. North America Webbing Market Segmentation – By Country
Figure 3. North America Webbing Market Overview
Figure 4. Automotive Segment Held Largest Share of North America Webbing Market
Figure 5. US Held Largest Share of North America Webbing Market
Figure 6. North America 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. North America: Webbing Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Webbing Market Breakdown, By Material, 2020 & 2028 (%)
Figure 13. Natural: North America Webbing Market, Revenue and Forecast to 2028 (US$ Million)
Figure 14. Man- Made: North America Webbing Market, Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Webbing Market Breakdown, by Product, 2020 & 2028 (%)
Figure 16. Flat Webbing: North America Webbing Market, Revenue and Forecast to 2028 (US$ Million)
Figure 17. Tubular Webbing: North America 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. North America: Webbing Market, by Key Country – Revenue (2020) (USD Million)
Figure 31. North America Webbing Market Breakdown, by Country, 2020 & 2028(%)
Figure 32. US Webbing Market Forecasts To 2028 (US$ Mn)
Figure 33. Canada Webbing Market Forecasts To 2028 (US$ Mn)
Figure 34. Mexico Webbing Market Forecasts To 2028 (US$ Mn)
Figure 35. Impact of COVID-19 Pandemic in North American Country Markets
- American Cord & Webbing Co., Inc.
- Bally Ribbon Mills
- Belt-tech
- E. Oppermann GmbH
- Murdock Webbing Company, Inc.
- Narrowtex Australia
- National Webbing Products Co.
- Ohio Plastics Belting Co.
- Ribbon Webbing Corp
- Tennessee Webbing Products
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America 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 North America 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 North America market trends and outlook coupled with the factors driving the North America 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