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Amid the COVID-19 crisis, the global market for Webbing estimated at US$3.4 Billion in the year 2020, is projected to reach a revised size of US$5.1 Billion by 2027, growing at a CAGR of 5.7% over the analysis period 2020-2027.
Polyester, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$1.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Nylon segment is readjusted to a revised 5.2% CAGR for the next 7-year period.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Insights on the Webbing Global Market to 2027 - Featuring Bally Ribbon Mills, Belt-tech and Narrowtex Australia Among Others - ResearchAndMarkets.com
April 12, 2021 GMT
Amid the COVID-19 crisis, the global market for Webbing estimated at US$3.4 Billion in the year 2020, is projected to reach a revised size of US$5.1 Billion by 2027, growing at a CAGR of 5.7% over the analysis period 2020-2027.
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Polyester, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$1.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Nylon segment is readjusted to a revised 5.2% CAGR for the next 7-year period.