DUBLIN, March 22, 2019 /PRNewswire/ — The “Seam Tapes Market by Type (Single-layered, Multi-layered), Backing Material (Polyurethane, Thermoplastic Polyurethane, Polyamide), Application (Intimate Apparel, Sports Innerwear, Sportswear, Casual Apparel, Shoes), Region – Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
The growth of the sports and textile & apparel industry is projected to drive the overall growth of the seam tapes market
The seam tapes market is projected to grow from USD 127 million in 2018 to USD 178 million by 2023, at a CAGR of 6.9% during the forecast period.
The seam tapes market is driven by various factors such as the growing demand from the sports and textile & apparel industry and an increase in demand for protective and comfortable clothing. However, the volatile price of raw materials can pose a challenge in the growth of the market.
The polyurethane segment is projected to grow at the highest CAGR during the forecast period
The polyurethane segment is the fastest-growing segment in the seam tapes market, in terms of value. This growth is attributed to the various benefits of polyurethane in seam tapes compared to thermoplastic polyurethane. These benefits include high abrasion, moisture-resistant, waterproof, and high flexibility. In addition, its wide range of applications includes intimate apparel, sportswear, sports innerwear, casual apparel, outerwear, shoes, and bags have also contributed to its high growth.
The single-layered segment is projected to hold the largest market share during the forecast period
The single-layered segment is projected to dominate the seam tapes market during the forecast period, due to the wide range of applications of single-layered seam tapes in the textile & sports industry for a wide range of applications including intimate apparel, casual apparel, sportswear, sports innerwear, and outerwear.
The intimate apparel segment is projected to hold the largest market share during the forecast period
The intimate apparel segment is projected to dominate the seam tapes market during the forecast period, due to moisture-resistant, flexibility, and breathable features. The sew-free seam tapes are widely used in intimate apparel to eliminate bulky sewn seams, while also being moisture-resistant, reliable, durable, flexible, avoiding discomfort caused by the sewn seams, and improving and maintaining the fit of the garment. However, the casual apparel segment is projected to grow at the highest rate among the applications.
The Asia Pacific is projected to record the highest growth rate during the forecast period
The Asia Pacific is projected to be the largest market and have the highest growth rate during the forecast period, due to the increasing presence of garment manufacturing units in countries such as China, India, Vietnam, Indonesia, and Bangladesh in the Asia Pacific region. Due to cheap labor cost and availability of domestically produced raw materials, the manufacturers prefer setting up manufacturing units and producing textile and apparel in the Asia Pacific.
The seam tapes market is dominated by large players, such as Bemis Associates Inc. (US), Sealon (Korea), Gerlinger Industries (Germany), Adhesive Films, Inc. (US), San Chemicals, Ltd. (Japan), and Traxx Corp. (US).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Developing Economies to Register High Growth In the Demand for Seam Tapes
4.2 Seam Tapes Market, By Type
4.3 Seam Tapes Market, By Backing Material
4.4 Seam Tapes Market, By Application
4.5 Asia Pacific: Seam Tapes Market, By Backing Material & Country
4.6 Seam Tapes Market: Key Countries
5 Market Overview
5.2 Market Dynamics
22.214.171.124 Growth of the Sports and Outdoor Apparel Industry
126.96.36.199 Rise in the Trend of Replacing Sewing With Adhesive Film Bonding
188.8.131.52 Emerging Economies in the Asia Pacific
184.108.40.206 Volatile Raw Material Prices
220.127.116.11 Availability of Alternative Seamless Technologies
5.3 Porter’s Five Forces Analysis
6 Seam Tapes Market, By Type
6.2.1 Single-Layered Segment to Be the Largest Segment Of the Seam Tapes Market
6.3.1 Multi-Layered Seam Tapes Find Wide Application in Footwear and Bags
7 Seam Tapes Market, By Backing Materials
7.2.1 Polyurethane to Be the Leading Backing Material in Seam Taps Market
7.3 Thermoplastic Polyurethane
7.3.1 Thermoplastic Polyurethane is Elastic, Tough, and Chemical & Oil Resistant
7.4.1 Polyamide Finds Application in Textile Industry, Automotive, Carpet & Sportswear
7.5.1 The Others Segment is Projected to Record Lowest Growth Rate During The Forecast Period
8 Seam Tapes Market, By Application
8.2 Intimate Apparel
8.2.1 Intimate Apparel Accounted for The Largest Market Share in 2017, in Seam Tapes Market
8.3.1 Seam Tapes are Used in Shoes to Replace Stitching and Gluing Enhancing Its Look & Feel
8.4 Sports Innerwear
8.4.1 Seam Tapes Offer Sports Innerwear Excellent Stretch Recovery
8.5.1 Seam Tapes Offer Sportswear Excellent Strength, Appearance, and Softness to the Garment
8.6 Casual Apparel
8.6.1 Casual Apparel Segment of the Seam Tapes is Projected to Grow at the Highest Cagr During the Forecast Period
8.7.1 The Others Segment is Projected to Record Lowest Growth Rate During the Forecast Period
9 Seam Tapes Market, By Region
10 Competitive Landscape
11 Company Profiles
11.1 Bemis Associates
11.3 Himel Corp.
11.4 Gerlinger Industries
11.5 Adhesive Film
11.6 Ding Zing
11.7 Framis Italia S.P.A
11.8 Taiwan Hipster Enterprise
11.9 E. Textint
11.10 San Chemicals
For more information about this report visit https://www.researchandmarkets.com/research/6pvtz8/seam_tapes_market?w=5
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