Global Seam Tapes Market is valued at approximately USD 0.21 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.7 % over the forecast period 2020-2027. Seam tapes are multifaceted adhesive films that are stretched on sewn seams to avoid water leakage. Seam tapes are used to make clothes, boots, car parts, and sporting goods waterproof. In end-use applications, these tapes can have two or more layers. In industrial work wear, tents, waders, footwear, and military garments, seam tapes are used. Growing awareness regarding the best fit, increasing millennial population, and an upsurge in expenditure among women are likely to drive the market in the forecast period. Also, growing availability of a wide range of products in various designs for several purposes, such as bridal wear, sportswear, and regular wear, has also been pushing the global market. For instance, according to Statista, the global apparel market is estimated to raise in value from USD 1.5 trillion in 2020 to around USD 2.25 trillion by 2025, demonstrating the rise in demand for clothing across the world. The regional allocation of the demand segment of apparel is anticipated to remain mostly steady between 2015 to 2020, while the Asia Pacific region had the maximum level of growth at 4%. The three world major apparel markets are the United States, Japan, and China. However, fluctuations in the prices of the raw materials, may impede the market growth over the forecast period of 2020-2027.
The regional analysis of the global Seam Tapes Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is the leading/significant region across the world in terms of market share, due to the growing consumption of seam tapes in the sportswear and intimate apparels industries in nations such as Japan, China, and India. Whereas Europe is also anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, due to growing use of polyurethane in the region.
Major market player included in this report are:
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Polyvinyl chloride (PVC)
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027.
Target Audience of the Global Seam Tapes Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers