Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Webbing Market Outlook

The global webbing market size is projected to grow at a CAGR of 6% between 2024 and 2032, reaching a value of around USD 7.37 billion by 2032. The market is being driven by the robust growth of the automotive sector.

Key Takeaways

  • The Asia-Pacific region is expected to constitute a major portion of the global webbing market share in the coming years.
  • Webbing is expected to find increasing application in the automotive industry over the forecast period.
  • Technological advancements are expected to contribute to the demand for webbing significantly in upcoming years.

Webbing is a woven fabric that is made for weaving yarn via looms to create strips. It is distinguishable by its various material compositions, strength variations, and width. It is typically fabricated in solid or tabular form, and each form has different functions and applications. It can be produced by polyester, nylon, or polypropylene.

Webbing is commonly used in the production of everyday applications like seatbelts, load straps, sporting goods, furniture, pet leashes, footwear, and fitness apparel. The high strength of webbing can withstand heavy loads; hence it is used in building materials for hiking, camping, and sporting equipment, which is propelling the webbing market growth.

Moreover, it can hold a weight between 3000 to 6000 pounds; therefore, the product is used for various military purposes in transporting and securing military supplies, aiding the market growth.

Webbing Market

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Key Trends and Developments

Soaring demand for four-wheelers; increasing use of nylon webbing; rising demand for engaging pet products; and increasing demand for sporting goods are the major trends impacting the webbing market growth

Date Event
Nov 6th 2023 NTX partnered with Ananta Group to establish a garment manufacturing facility that blends sustainability, digitalisation, and modern textile dyeing technologies.
Jul 31st 2022 NTX raised nearly $200 million in fundraising in partnership with China’s private equity firm Centurium Capital to fuel its market expansion in Southeast Asia.
Feb 22nd 2021 Bally Ribbon Mills (BRM) commercialised the production of smart textiles, which use e-webbings e-textile products as base and add electronic intercommunicative technology to its fibre.
Jun 17th 2020 American Cord & Webbing Co. Inc. (ACW) acquired Advantage Plastic Products (APP), an injection moulding company, to improve its business growth and expand its product offerings.
Market Driver Description
Soaring demand for four-wheelers The rising demand for four-wheelers in emerging economies, such as India and China, owing to high disposable income, is aiding the market growth.
Increasing use of nylon webbing Nylon webbing is extensively used in outdoor furniture, animal harnesses and leashes, slacklining gear, and tent adjusters, among others, supporting the market expansion.
Rising demand for engaging pet products The development of jacquard webbing, which fulfils the need for both collar and webbing and can depict the beautiful designs on the leash and catch the fancy of the animal, to attract customer demand is propelling the market.
Increasing demand for sporting goods The increasing focus on sports for physical and emotional wellbeing has significantly increased in the past few years, which is expected to lead the market growth in the forecast period.

Global Webbing Market Trends

The market is witnessing a significant growth with the increasing adoption of nylon webbing. Nylon webbing offers exceptional strength, durability, and resistance to abrasion, making it ideal for a wide range of applications, including automotive seat belts, military equipment, and pet accessories.

Its versatility, coupled with its ability to withstand harsh environments and diverse weather conditions, has contributed to its growing popularity across various industries. As manufacturers and consumers alike prioritise performance and longevity, the demand for nylon webbing continues to rise, driving the global webbing market growth.

Sporting goods manufacturers are increasingly focusing on product customisation and performance enhancement. Webbing materials offer versatility in design and can be tailored to meet specific performance requirements, including strength, flexibility, and weight.

Moreover, advancements in webbing technology, including the development of lightweight yet durable synthetic fibres, have expanded the possibilities for sporting goods manufacturers. This is expected to increase the demand for sporting goods like backpacks and yoga mats and drive the global webbing market expansion.

Webbing Market By Segments

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Market Segmentation

“Global Webbing Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup Categories
Product Nylon, Polyester, Polypropylene, Carbon Fibres, Para Aramid Fibres, Ultra-High Molecular Weight Polyethylene (UHMWPE), Others
Application Automotive, Military, Sporting Good, Industrial, Others
Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa

Webbing is expected to find increasing application in the automotive sector over the forecast period.

The use of webbing in seat belts and harnesses in the automotive sector is augmenting the webbing market growth. Webbing straps are also used in load restraint systems for securing cargo in trucks, vans, and other commercial vehicles. In convertible vehicles, webbing plays a crucial role in supporting and securing the convertible roof, which ensures a good in-cabin experience.

Increasing regulations regarding automobile safety by federal agencies such as the Federal Motor Vehicle Safety Standard (FMVSS) and the National Highway Traffic Safety Administration (NHTSA) are also expected to drive the global webbing market expansion in the coming years. Meanwhile, due to its lightweight, durability and high-strength, webbing is used in military equipment and gear like backpacks, water retention systems, and body armour systems, among others.

Webbing Market By Region

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Competitive Landscape

Major market players are investing in the research and development of advanced techniques for manufacturing webbing and similar narrow woven fabrics.

Company Founded Location Specialisation
American Cord & Webbing Co., Inc. 1917 Rhode Island, USA Manufacturing narrow textiles, sewn straps, and injected molded plastics
Bally Ribbon Mills 1923 Pennsylvania, United States Engineered woven narrow fabrics for various industrial and commercial applications
Murdock Webbing Company, Inc. 1936 Rhode Island, USA Textile manufacturing with a focus on narrow woven fabrics
National Webbing Products Co. (NWP) 1947 New York, United States Manufacturing a wide range of narrow woven fabrics, zippers, and plastic and metal hardware

Other major global webbing market players include Jiangsu Daxin Webbing Co., Ltd., and NTX Group, among others.

Global Webbing Market Analysis by Region

The Asia Pacific is expected to constitute a major portion of the global webbing market share in the coming years. This is because countries like China, India, and Vietnam serve as major manufacturing hubs for textiles and related products, including webbing.

The region benefits from lower labour costs, abundant raw materials, and a well-established manufacturing infrastructure, making it a preferred destination for webbing production. Moreover, rapid industrialisation and urbanisation are driving the demand for webbing across various industries such as automotive, construction, transportation, and consumer goods.

The military and defence sector in North America rely on webbing for a wide range of applications, including tactical gear, parachutes, load-bearing equipment, and vehicle restraints. As defence spending remains significant in the region, the demand for specialised webbing products continues to grow, driving the global webbing market growth.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • Region
Breakup by Product
  • Nylon
  • Polyester
  • Polypropylene
  • Carbon Fibres
  • Para Aramid Fibres
  • Ultra High Molecular Weight Polyethylene (UHMWPE)
  • Others
Breakup by Application
  • Automotive
  • Military
  • Sporting Good
  • Industrial
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • American Cord & Webbing Co., Inc.
  • Bally Ribbon Mills
  • Murdock Webbing Company, Inc.
  • Jiangsu Daxin Webbing Co., Ltd.
  • National Webbing Products Co. (NWP)
  • NTX Group
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is estimated to grow at a CAGR of 6% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 7.37 billion by 2032.

The market is being driven by the increasing safety regulations, the robust growth of the automotive sector, and industrial applications.

The key trends aiding the market expansion include soaring demand for four-wheelers, increasing use of nylon webbing, rising demand for engaging pet products, and increasing demand for sporting goods.

The major regions in the market North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The major products of webbing include nylon, polyester, polypropylene, carbon fibres, para-aramid fibres, and ultra-high molecular weight polyethylene (UHMWPE), among others.

The major applications of webbing include automotive, military, sporting goods, and industrial, among others.

The major players in the market are American Cord & Webbing Co., Inc., Bally Ribbon Mills, Murdock Webbing Company, Inc., Jiangsu Daxin Webbing Co., Ltd., National Webbing Products Co. (NWP), and NTX Group, among others.

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