According to the new market research report “Seam Tapes Market by Type (Single layered, Multi layered), Material (Polyurethane, TPU, Polyamide), Application (Intimate apparel, Sports innerwear, Sportswear, Casual apparel, Shoes), and Region – Global Forecast to 2025″, The global seam tapes market size is expected to grow from USD 128 million in 2020 to USD 179 million by 2025, at a CAGR of 6.9% during the forecast period. Seam tapes is used across applications, such as intimate apparels, shoes, sportswear, sports innerwear, casual apparels is the key end-use industry owing to the wide applications of these seam tapes.
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Increasing awareness about the best fit, growing millennial population, and rise in spending power among women are expected to drive the market over the forecast period. Increasing availability of a broad range of products in multiple designs for various purposes, such as sportswear, bridal wear, and regular wear, has also been driving the global market. The intimate apparels segment is the largest as well as the fastest segment of the global seam tapes market with a CAGR of 7.1%, in terms of value.
Asia Pacific accounted for the largest share of the Seam tapes market in 2020. Factors such as the rapidly increasing consumption of seam tapes in the initimate apparels and sportswear industries in countries such as China, Japan, India, South korea, and Australia have led to an increased demand for Seam tapes in the Asia Pacific region.
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The global seam tapes market size is estimated to grow from USD 128 million in 2020 to USD 179 million by 2025, at a CAGR of 6.9% during the forecast period. The market is projected to witness decent growth in the near future, owing to the wide application in various end use industries of seam tapes ranging from intimate apparels and sportswear industry. Increasing demand from APAC will further drive the growth of the global seam tapes market.
Bemis Associates (US), Sealon (South Korea), HiMEL (South Korea), Gerlinger Industries (Germany), and Adhesive Films, Inc. (NJ) among others are the leading seam tapes manufacturers, globally. These companies adopted expansion, and merger & acquisition as their key growth strategies between 2017 and 2020 to earn a competitive advantage in the seam tapes market.
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Bemis Associates (US) is the largest player in the market. In August 2020, Bemis Associates Inc. acquired Safe Reflections International LLC, a Taiwan-based operation, and the “play” products of Safe Reflections Inc., a textile products company that develops solutions to enhance the safety and visibility of apparel.
In May 2020, Framis Italia launched “ProTape 1000” a protective cover all suit against infectious agents and low-pressure liquids. In October 2018, the company launched “Ecolife,” a thermos-adhesive product used to reinforce and cover seams in outerwear, swimwear, fashion clothing, sportswear, and underwear.
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