Automotive Straps Market

Automotive Straps Market: Global Industry Analysis and Opportunity Assessment 2016-2026

  • Ongoing
  • June 2020
  • REP-GB-1811
Automotive Straps Market

  • US$5,000
  • US$7,500
  • US$10,000

This Automotive Straps market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Automotive Straps market.

Straps are used across various industries for holding, reinforcing or fastening an items. Straps could be made from a wide range of materials primarily plastics, depending upon the purpose and tensile strength required. The materials can be bonded by a variety of methods: sewing, pressing, hooking, and injection molding etc. In automotive industry straps are employed in luggage compartment, car interiors, seating systems and transportation. In luggage set-ups straps are commonly used for fastening purposes. Contrary pull straps made with high grade webbing materials are being empirically used for towing, hauling and carrying vehicles. These days high standards of interior designs and functionality can be seen in modern vehicles, and straps forms an integral part of this structure. Not only they are being used as safety belts but also used for tightening and positioning seats, tethering airbags, retaining spare tires etc. The market is full of diverse elastic and non-elastic straps for vehicle interiors. Automotive straps are available in variegated designs and forms owing to the purpose it satisfies. The global market for straps used in automotive industry is anticipated to see a decent CAGR over the forecast period.

Global Automotive Straps Market: Drivers and Constraints

Market Growth Analysis

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

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The continuous growth in automobile sales across the globe is anticipated to be the primary factor driving the global automotive straps market in the forecast period. With advancement in automotive logistics and growth in transportation sector the need for pull straps used for automobile carriage purposes is presumed to rise. Alongside, the growth in tourism and logistics industry across the world will drive the demand for straps used for fixing luggage in car boots. Accompanying this the rising demand for multifunctional and beautiful car interiors is also expected to fuel the market for straps used in automotive interiors. At the same time the ever changing consumer needs and some technological advancement might counter effect the growth in the conventional straps market.

Global Automotive Straps Market: Segmentation

Global Automotive Straps Market: Regional Outlook

In terms of geography, the global automotive straps market has been divided in to seven key regions including North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, Middle East & Africa and Japan. The APEJ nations (especially China) are expected to significantly contribute in the growth of global automotive strap market. With avid economic growth in the Asian nations, rising FDI, cheap labor cost; the growth in automobile manufacturing/transportation as well as consumption is destined to show an impressive increment, in-turn increasing their share of pie in the global automotive straps market. Furthermore owing to the large number of car owners and innumerous logistic activities, North America and European markets are anticipated to protectively hold their majority share in the forecast period. In essence, the global growth in transportation and automotive sector will escalate the global automotive straps market across all the covered regions.

Global Automotive Straps Market: Key Players

Some of the key players in the automotive straps market are JUMBO-Textile GmbH & Co., Maypole Ltd, Zilmont SRA, Damar Webbing Solutions Limited, Erickson Manufacturing Ltd., Sturges Manufacturing Inc., MISC Products Inc., etc.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, channel types, vehicle type and technology.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Future Market Insights.

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On the basis of application area, the Global Automotive Straps Market is segmented into:

  • Carriage/Automotive Pulling
  • Luggage Compartment
  • Seats and Seating Systems
  • Other Interior Application

On the basis of material type, the Global Automotive Straps Market is segmented into:

  • Polypropylene
  • Polyester
  • Polyamide
  • Others (Rayon, Nylon etc.)

On the basis of elasticity type, the Global Automotive Straps Market is segmented into:

  • Elastic
  • Non-Elastic

On the basis of vehicle type, Global Automotive Straps Market is segmented into:

  • Passenger Vehicles
    • Compact Size
    • Mid-Range
    • Premium
    • Luxury
  • Commercial Vehicles
    • LCV
    • HCV

On the basis of distribution channel, the Global Automotive Straps Market is segmented into:

  • OEM
  • Aftermarket

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC, S. Africa, N. Africa)

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions

What research methodology is used to develop the Automotive Straps Market report?
  • FMI utilizes three branched methods to derive market measurements used to compile any report study (data derivation, triangulation and validation).
  • These approaches include accumulating data from both primary and secondary sources
  • Primary research involves interviews with industry operators and FMI's network of contacts spanning the world's value chain of the Automotive Straps Market. This is supported by a comprehensive literature analysis of information gathered through secondary sources
  • Analysis of several middle market stakeholders for country-wise data

In addition to up-to-date market figures and customized of the Automotive Straps Market, FMI offer consulting services to help businesses within industry navigate challenges and take well-informed decisions amidst the breakneck competition.

  • Most of the competitors are segregated according to their market share in 'Tier' wise statures.
  • Global market participants are scrutinized and global competition metrics are included with numerous competitor profiles referring to their business background and go-to market strategies.
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Harish Tiwari

Harish Tiwari

Global Head - Business Development

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