Seam Tapes Market Real Time Analysis and Forecast – 2030

June 22 15:10 2021
Seam Tapes Market Real Time Analysis and Forecast - 2030
The global seam tape market is flourishing across the globe and is estimated to witness steady CAGR rate through 2030 owing to rising awareness regarding best intimate apparels among the youngsters and the shifting from sewing to adhesive film bondings by the industrial players.

Introduction:

Seam tapes refers to a layer of tape made of polyurethane film used to block water from entering the seams. These are multilayered tapes consisting of paper, plastic film, cloth, foam and foil coated with adhesives designed to prevent humidity and water penetration whilst adding strength to products seam joint. These tapes make a strong bond when applied to the fabric with a heat seam sealing machine. Seam tapes are preferred in a variety of applications such as sportswear, footwear, tents, casual apparels, miltary garments, waders etc. These are widely used to enhance efficiency in industrial sectors, healthcare sectors, sports sectors, automotive and military sectors.

Seam tape delivers brilliant level of waterproof protection keeping air, water and heat completely locked. Industrial manufacturers are willing to spend huge amount of money in acquiring waterproof gears and wears of several kinds to make their products impenetrable against water and humidity and these seam tapes are only solution to this, attracting high investments in this market throughout the world.

The global seam tape market is flourishing across the globe and is estimated to witness steady CAGR rate through 2030 owing to rising awareness regarding best intimate apparels among the youngsters and the shifting from sewing to adhesive film bondings by the industrial players.

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Key Growth Factors:

Awareness regarding best fit intimate apparels among the youngsters as well as milllenials is providing lucrative opportunities to the manufacturers of seam tapes to expand their operations globally leading to tremendous growth in this market.

Growing availability of sports wear, casual wear, bridal wear and footwear in multiple designs, colours and varieties is creating attraction among the women to go for these products which in turn boosts the progress of this market.

The growing investments from leading textile manufacturers to improve properties of backing materials used in the production of seam tapes is favouring the progress of this market.

Increasing population and per capita disposable income are contributing towards high demands for seam tapes in developing economies. With the increase in disposable income, consumers opt for luxurious and high standard life leading to more demands for branded apparels. Branded sports and other apparel industries makes high investments in seam tapes for giving strength, protection and to their products.

Defense and heathcare sectors require these seam tapes for the manufacture of their protective garments to provide resistance and protection against
several hazards. These seam tapes provide better breathability and flexibility to the users.

Key Restraints:

Volatility in the prices of raw materials can suppress the market progress by creating a challenge for the market players.

The presence of underdeveloped sports and apparel industries in developing economies is expected to poise a challenge for manufacturers in seam tapes market.

COVID-19 Impact:

The market for seam tapes saw extreme decline in its growth due to the spread of Covid-19 outbreak. The pandemic not only reduced demand but also led to weakening of financial position of several manufacturers in this market. The lockdown and social distancing disrupted the production, supply chain, transportation and distribution of seam tapes across the globe creating immense losses for market players. Gerlinger Industries and Adhesive Films Incorporation faced shortage of labor, resources and raw materials in the lockdown having an adverse impact on their financial as well as market position. The financial crisis led these corporations to close their manufacturing centers to avoid further losses. However, after the lifting of lockdown, these market players have started their operations back with continued production and distribution which is slowly improving their profitability level. The market players are adopting several tactics to operate in current restrictive environment. New product launches, product upgradations, collaborations and research and developments are highly adopted strategies in the pandemic.The market for seam tapes is expected to witness slow progress throughout the world due to the ongoing crisis.

Region-Wise Forecast:

The market for seam tapes is facing substantial progress throughout the globe. Asia Pacific and North America are predicted to occupy the top positions through 2030 as a result of high demands from different industrial sectors. Asia Pacific is predicted to emerge as the global leader in seam tapes market with one third of market share. The market is estimated to rise substantially in India and China on account of rising per capita disposable income of people. Rise in disposable income is forcing the people to improve their living standards creating high demands for branded sports apparels such as sports shoes, tracksuits, shorts, polo shirts etc. The adoption of branded apparels is boosting the progress of this market. Presence of favouable garment production in India is further increasing the demand for seam tapes providing lucrative opportunities to the key manufacturers. Further, the latest trend of replacing sewing with adhesive film bondings is encouraging the growth of this market in India, China and Japan making Asia Pacific the leader in this market. It is anticipated to grow at a steady CAGR rate over the forecast period.

On the other hand, North America is currently facing tremendous growth in this market on account of rising demands from automobile and healthcare sectors from Canada, U.S. and Mexico. The market is predicted to witness a notable CAGR through 2030. The benefits of using these seam tapes in terms of their superior quality testing and wide applications is attracting investors in the United States and Canada. Leading manufacturers in North America are investing considerably in this market to improve their profitability and expand global presence.

In addition to that, the growing inclination towards lightweight and breathable protective apparels from oil and gas, construction and chemical industries is boosting the growth in Germany. The construction and other heavy industries need improved flexibility and breathability without compromising the functionalities of protective wears for their workers. The market for seam tapes is projected to grow formidably in Europe at a moderate CAGR rate.

Furthermore, Middle East and Africa is& estimated to rise on account of changing lifestyle and living standards, health awareness, fitness activities, government initiatives for safety purposes etc over the predicted time frame. Technological developments in the field of textiles is also contributing to growing demands for these seam tapes.

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Market Segmentation:

By Product Type:

  • Single layered
  • Two layered
  • Three layered
  • Others

By Application:

  • Sports
  • Surgical
  • Military
  • Industrial
  • Textiles

By Backing Material:

  • Polyurethane
  • Polyvinylchloride
  • Polyamide

By Function:

  • Ultra seam tapes
  • Light weight seam tapes
  • Activity seam tapes

By Region:

  • North America (U.S. and Canada)
  • Europe (Germany, U.K. and France )
  • Asia Pacific (China, India and Japan )
  • Middle East and Africa (Saudi Arabia and UAE )
  • Latin America (Brazil)

Competitive Landscape:

The market for seam tapes is highly fragmented. Large number of leading players already exist and many new entrants are constantly joining the market creating more stiff competition.

Some of theprominent players in this market includes Toboyo Corporation, Braskem S.A., Sealon Corporation, Himel Corporation, Loxy AS, Bemis Associates Incorporation, Gerlinger Industries, Adhesive Films Incorporations, San Chemicals Limited, Traxx Corporations, Dingzing Advanced Materials Incorporation,E. Textint Corporation, Framis ItaliaS.p.A, HiMEL Corporation, Taiwan Hipster Enterprize Limited, Essentra PLC, Toray Industries, Sattler AG Incorporation, Ksapolymer Corporation, GCP Appplied Technologies, Under Armour, Dishang Corporation, Ralph Lauren Corporation, Mountain Warehouse, 3M, Duraco Corporation, Vetex Corporation, Yetom Limited, EarcLink Enterprizes etc. These key players are indulged in adopting various strategies such as new product launches, product upgradations, expansions, partnership agreements, joint ventures as well as collaborations with other corporations to combat the rising competition. Establishment of research and development institutes along with adoption of highly automated technologies to extend customer base and lead the market is on the prime focus of top manufacturers.

Among these market players, Framis Italia introduced a new product in may 2020 called ProTape 1000 which is a protective coverall suit against infectitious agents and low pressure liquids leading to improvement in the overall reputation and presence of the company. In addition to Framis Italia, Bemis Associates Incorporation in august 2020 acquired Safe Reflections International LLC and play products of Safe Reflections Incorporation to develop solutions for enhancing safety and visibility of apparels. Loxy AS announced its acquisition with Bratens Fabrikker AS, a well established producer of wool to enhance its product portfolio using seam tapes. Furthermore, Toray Industries launched Entrant wear a breathable waterproof apparel with improved performance produced by using hydrophobic polyurethane with numerous micropores to deliver excellant waterproof performance. These strategies are leading the market players towards developments and incredible progresses.

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