Russia Webbing Market Forecast to 2028 – COVID-19 Impact and Country Analysis – Material (Natural, and Man-made), Product (Flat Webbing and Tubular Webbing), and End Use (Aerospace, Automotive, Military, Industrial and Safety, Fashion Accessories, E-Textile, Sport Goods, Marine, Medical, and Others)

Russia webbing market size was valued at US$ 30.23 million in 2022 and is projected to reach US$ 38.53 million by 2028; it is expected to grow at a CAGR of 4.1% from 2022 to 2028.

Market Introduction

Webbing is manufactured using different raw materials and technology. There are different types of webbing based on how they are constructed, with each type having different applications and functions. Flat webbing is fabricated in varying degrees of thickness. It is commonly used for seatbelts. Flat webbing is generally too stiff to function in applications that require knots; hence, this type of webbing is best suited for applications where the material can be sewn into a larger product. Tubular webbing is thicker and more durable than flat webbing and is composed of two sheets of fabric, suitable for knotting applications.

The webbing market in Russia is mainly driven by the strong presence of automotive, aerospace, textile, and military industries in the country. According to the Association of Russian Automakers, the country produced 1,260,518 passenger cars in 2020, which increased to 1,352,740 in 2021. Further, the air transport sector significantly contributes to the country’s economy. The sector manufactures civil aircraft, military aircraft, and helicopters. The Russian government has made significant investments to increase the country’s aircraft production. In June 2022, the Russian government announced plans to invest US$ 14.5 billion in the country’s aviation industry by the end of this decade to boost the share of domestically manufactured aircraft.

The increasing production of technical textiles is part of the ambitious plans of the Russian government to raise the share of domestically made technical textiles. A significant increase in project financing and the support of large-scale investors benefit the technical textiles industry in the country. Moreover, the package of measures rolled out by the Ministry of Industry and Trade in 2015 has been boosting the growth of the technical textile and nonwoven industries in Russia, which is evident from the number of new investment projects announced for implementation since 2015.

Key Market Segments

Based on product, the Russia webbing market is segmented into flat webbing and tubular webbing. Russia webbing market share for the flat webbing segment was largest in 2022. Flat webbing, often known as flat rope, is made of solidly woven fibers and is available in various types of thicknesses and widths. Flat webbing is suitable for applications where the material can be entwined into a larger product, such as backpack straps, reinforcing bindings, and seatbelts. Flat webbing is typically used as anchor straps, providing a strong hold. However, this type of webbing is very limited in its uses. It does not hold knots very well, and it is not as strong as tubular webbing of the same size.

Based on end use, Russia webbing market is segmented into aerospace, automotive, military, industrial and safety, fashion accessories, E-textile, sport goods, marine, medical, and others. Russia webbing market share for the aerospace segment was largest in 2022. Webbings are widely used in crucial aerospace industry applications such as parachutes, cargo restraint systems, and seating, as well as in interior applications, including crew safety system components, flight suits, air slides, seatbelts, and flotation devices.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on Russia webbing market are paid databases (factiva), publications, hoovers, investor presentations, newsletters, sec archives, annual reports, and other information available in the public domain. Abbey England Ltd, EP Launcher International Co Ltd, Fantex Industrie SAS, Helmut Pfeiffer GmbH & Co KG, and Stretchline Ltd are among the major players operating in the Russia webbing market. 

Reasons to Buy Report

• Progressive industry trends in the Russia webbing market to help players develop effective long-term strategies
• Business growth strategies adopted by developed and developing markets
• Quantitative analysis of the Russia webbing market from 2020 to 2028
• Estimation of the demand for webbing in Russia across various industries
• Recent developments to understand the competitive market scenario and the demand for webbing in Russia
• Market trends and outlook coupled with factors driving and restraining the growth of the Russia webbing market
• Decision-making process by understanding strategies that underpin commercial interest with regard to the Russia webbing market growth
• The Russia webbing market size at various nodes of market
• Detailed overview and segmentation of the Russia webbing market, as well as its dynamics in the industry
• The Russia webbing market size in various regions with promising growth opportunities

Russia Webbing Market Segmentation

• Based on material, the Russia webbing market is segmented into natural, and man-made. In terms of product, Russia webbing market is segmented into flat webbing and tubular webbing. Based on end use, Russia webbing market is segmented into aerospace, automotive, military, industrial and safety, fashion accessories, E-textile, sport goods, marine, medical, and others.

Company Profiles

Ningbo MH Industry Co Ltd, Bowmer Bond Narrow Fabrics Ltd, Stretchline Ltd, Helmut Pfeiffer GmbH & Co KG, ETS LECUYER SaRL, Fantex Industrie SAS, Eurosandow SAS, PMS Industrie SAS, and EP Launcher International Co Ltd are among the major players operating in the Russia webbing market.