Webbing Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021 - 2028

Growing Use of Webbing in Hiking Gear and Seatbelts to Drive Market Growth

In the following years, the worldwide webbing market is predicted to rise steadily. While the COVID-19 pandemic continues to shake markets around the world, its impact on the webbing industry, particularly in China, Spain, and Italy, can be felt. Significant developments in shuttle loom technology have sparked the growth of the webbing sector during the last few of decades. Electronic components and jacquard capabilities are now included in modern shuttle loom technologies, with the goal of increasing output.

Due to the variety of webbing options available today, demand for the product is likely to expand significantly over the projection period, notably in the automotive and military industries. Webbing is increasingly being utilised to make firefighting equipment, as well as military soft goods like luggage, harnesses, packs, seatbelts, and hiking gear. In addition, webbing is increasingly being utilised to make safety gear for oil and gas workers. Other prominent variables projected to influence the growth of the webbing market during the assessment period include strong increase in the automotive sector and increasing demand for technical textiles. The global webbing market is predicted to reach a value of US$ 1.2 billion as a result of these reasons.

Flat webbing will continue to be in high demand, while tubular webbing will take a back seat.

Within the webbing market, flat webbing is predicted to stay more popular than tubular webbing among the various types of products. Flat webbing is becoming more popular because it is easier to tension, has a more immediate response, is thinner, takes up less space, and is lighter. It is also easier to utilise in slackline leaping techniques. While demand for flat webbing is predicted to increase, demand for tubular webbing is expected to remain stable. Tubular webbing is becoming more popular due to its softness, durability, and other benefits. Both of these product kinds are seeing a huge increase in adoption.