(EMAILWIRE.COM, July 23, 2020 ) The report "Seam Tapes Market by Type (Single-layered, Multi-layered), Backing Material (Polyurethane, Thermoplastic Polyurethane, Polyamide), Application (Intimate Apparel, Sports Innerwear, Sportswear, Casual Apparel, Shoes), and Region - Global Forecast to 2023" 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%. The rising demand for intimate apparel, sportswear, and casual apparels, due to the growing health awareness among consumers and increasing fitness activities, drives the demand for seam tapes in these application areas. Furthermore, the increase in demand for protective and comfortable clothes that require seam tapes is further driving its market growth.

Download PDF brochure of the Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72452381

The single-layered segment is estimated to be a leading segment in the seam tapes market in 2018

The seam tapes market has been segmented, on the basis of type, into single-layered and multi-layered. The numerous advantages of single-layered seam tapes—in terms of superior flexibility, waterproofing, excellent adhesion, and a wide range of applications-have contributed to the dominance of this segment in the seam tapes market. Its numerous applications include intimate apparel, casual apparel, sports innerwear, and bags & outerwear. The multi-layered segment is estimated to occupy a lesser share of the market, due to the limited applications of multi-layered seam tapes.

The polyurethane segment is projected to grow at the highest CAGR in the global seam tapes market from 2018 to 2023

The polyurethane segment witnesses a significant growth in the seam tapes market and is projected to record the highest CAGR during the forecast period, due to the various benefits of polyurethane in seam tapes, such as high abrasion, impact resistance, water-resistance, and high flexibility. In addition, its wide range of applications, including sportswear, sports innerwear, casual apparel, footwear, outerwear, and backpacks have also contributed to its high growth.

Don't miss out on business opportunities in Seam Tapes Market. Speak to Our Analyst and gain crucial industry insights that will help your business grow. https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=72452381

Browse in-depth TOC on "Seam Tapes Market”
91 - Market Data Tables
23 - Figures
109 - Pages

The casual apparel segment is projected to grow at the highest CAGR in the global seam tapes market from 2018 to 2023

The intimate apparel segment witnessed significant growth in the seam tapes market and is projected to grow at the second-highest CAGR during the forecast period, due to the increasing acceptance of seam tapes for this application. Seam tapes provide lightweight, waterproof, flexible, and moisture resistant features in garments, which has contributed to its high demand in the intimate apparel segment. However, the casual apparel segment is projected to grow at the highest rate in the global seam tapes market due to its properties such as enhanced elastic performance to offer maximum freedom of movement.

The Asia Pacific is expected to hold the largest share in the seam tapes market during the forecast period

The Asia Pacific is projected to dominate the seam tapes market through 2023. Various factors such as strong government support, rapid economic development, availability of raw materials, and cheap labor are driving the demand for the textile & apparel manufacturing industry in the region. Moreover, the growth of the Asia Pacific seam tapes market is supported by the growing textile and garment manufacturing industries in countries such as China, India, Vietnam, Indonesia, Bangladesh, Cambodia, and Thailand.

Key players operating in the seam tapes market include Bemis Associates (US), Framis Italia (Italy), Himel Corp. (Korea), Sealon (Korea), Taiwan Hipster Enterprise (Taiwan), Gerlinger Industries (Germany), DingZing (Taiwan), Adhesive Films (US), HBI, Branded Apparel Enterprises, LLC (US), and E.Textint Corp (Taiwan). These players have established brands, a wide product portfolio, and a strong geographical presence.

Get This Report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=72452381

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.