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Global Seam Tapes Market: Analysis and Forecast 2023

Posted by bharatbook98 on January 8th, 2019

Bharat Book Bureau Provides the Trending Market Research Report on “Global Seam Tapes Market” under Chemical category. The Global Seam Tapes Market is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

Growth of the sports and outdoor apparel industry is expected to drive the overall growth of the seam tapes market

The Seam Tapes Market is expected to grow from USD 205 million in 2018 to USD 283 million by 2023, at a CAGR of 6.7% during the forecast period. The seam tapes market is driven by various factors such as the growing demand from the sports and outdoor apparel industry, increase in demand for protective clothing and accessories. However, the volatile price of raw materials can pose a challenge in the growth of the market.

Request a free sample copy Seam Tapes of Market Report @ polyurethane segment is expected to grow at the highest CAGR during the forecast period

The polyurethane segment is the fastest-growing in the seam tapes market Authentic John Klingberg Jersey , in terms of value. This growth is attributed to the various benefits of polyurethane in seam tapes compared to polyvinyl chloride. These benefits include high abrasion, impact resistance, water resistance, and high flexibility. In addition to this, its wide range of applications including outdoor gear, military gear, sports apparels, footwear Authentic Tyler Seguin Jersey , tents, tarpaulins, hazardous material suits, and backpacks have also contributed to its high growth.

The multi-layered segment is expected to hold the largest market share during the forecast period

The multi-layered segment is expected to dominate the seam tapes market during the forecast period, owing to the wide range of applications of multi-layered seam tapes in sports and outdoor apparels (caps, gloves, ski wear, swimwear Authentic Jamie Benn Jersey , hiking & tracking apparels, raincoats and jackets, and bottom wear), military apparels (jackets, ponchos, fire suits, and flight jackets), medical apparels (gloves and gowns) Jason Spezza Jersey , protective garments, tents, tarpaulins, footwear, backpacks, automotive (seats, head & armrests, and airbags) and chemical protective garments.

Asia Pacific is expected to record the highest growth rate during the forecast period

Asia Pacific is expected to be the largest market and have the highest growth rate during the forecast period Alexander Radulov Jersey , owing to the presence of huge garment manufacturing hotspots such as China, India, Vietnam, Indonesia, and Bangladesh in the Asia Pacific region. Cheap labor cost and availability of domestically produced raw material place Asia Pacific as the preferable region to manufacture textile and apparels. In addition to this, the growing demand for sports and outdoor apparels in China, Japan, and India driven by the growing health awareness as well as an increase in consumer spending on value-added apparels attributable to the rising disposable income is expected to create opportunities for the seam tapes market in the region.

In-depth interviews were conducted with Chief Executive Officers (CEOs) Ben Bishop Jersey , marketing directors, other innovation and technology directors, and executives from various key organizations operating in the seam tapes marketplace.

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