Glass Fiber Measuring Tape Market Report | Global Forecast To 2028
The Global Glass Fiber Measuring Tape Market size is expected to grow at a CAGR of 6.7% during the forecast period 2021-2028, owing to factors such as an increase in demand for glass fiber measuring tapes from various industries, growing awareness about the benefits of using these products, and continuous technological innovations.
A glass fiber measuring tape is a long length of thin, flexible material with high tensile strength and low stretch. It is an accurate measurement tool that can measure lengths precisely without causing any damage to the surface or object being measured. They are widely used in the woodworking and construction industries for various purposes such as fitting home decor items like window blinds, drapes, etc., assembling wooden furniture pieces like tables and chairs, hanging mirrors on walls, or more.
On the basis of Application, Global Glass Fiber Measuring Tape Market is segmented into Woodworking, Construction.
Woodworking:
Woodworking is the activity or skill of making furniture and other objects from wood. It may be a trade, craft, or an art form that uses trees as raw material to make useful products like cabinets (which can include doors), chests (drawers for clothes), beds, tables, chairs, stools, etc., sometimes with additional components made of glass fiber tapes such as handles and locks.
Construction:
Construction is another application of the Global Glass Fiber Measuring Tape Market. The process involves planning, designing, and constructing a building or infrastructure with safety standards by local regulations and safety requirements. These tapes are widely used in construction industries for various purposes such as measuring lengths precisely without causing any damage to PPEs (Personal Protective Equipment) like helmets and gloves while working on scaffolding poles during high rise constructions, assembling wooden furniture pieces like tables and chairs, hanging mirrors on walls, etc.
On the basis of Region, Global Glass Fiber Measuring Tape Market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
North America: The North American region is expected to account for the largest share of the Global Glass Fiber Measuring Tape Market. The market growth in this region can be attributed to factors such as an increase in demand for glass fiber measuring tapes from various industries, growing awareness about the benefits of using these products, and continuous technological innovations.
Latin America: The Latin American region is expected to account for the second-largest share of the Global Glass Fiber Measuring Tape Market, with a major contribution from countries such as Brazil and Mexico. The demand for glass fiber measuring tapes in this region has increased due to factors like an increase in adoption rates across end-user segments.
Europe: The Europe region is expected to account for the third-largest share of the Global Glass Fiber Measuring Tape Market, with a major contribution from countries such as Germany, France, the UK & more. The demand for glass fiber measuring tapes in this region has increased due to rising disposable income also fueling high adoption rates among various industries having home gardens or patios, etc., and continuous technological innovations.
Asia Pacific: The Asia Pacific region is expected to account for the fourth-largest share of the Global Glass Fiber Measuring Tape Market, with a major contribution from countries such as China, Japan & more. The demand for glass fiber measuring tapes in this region has increased due to factors like an increase in adoption rates across end-user segments owing to changing lifestyles and preferences leading towards a healthier lifestyle.
The Middle East & Africa: The Middle East & African region is expected to account for the fifth-largest share of the Global Glass Fiber Measuring Tape Market, with a major contribution from countries such as South Africa, Saudi Arabia & more.
The growth factor of the Global Glass Fiber Measuring Tape Market:
The Global Glass Fiber Measuring Tape Market is expected to witness significant growth during the forecast period of 2021-2028. One of the prominent factors driving market development is growing construction activities around the world, increasing demand for quality products, and effectiveness in terms of time & cost-saving objectives across all industries.
Dataintelo published a new report titled “Glass Fiber Measuring Tape Market research report which is segmented by Types (Below 5m, 5m-10m, Above 10m), By Applications (Woodworking, Construction), By Players/Companies Stanley Black & Decker, TAJIMA, Komelon, Apex, Starrett, Pro'skit, The Grate Wall, Endura, Hultafors, EXPLOIT, PST, BERENT, Empire, Jetech Tool, BOSI, Kraftwelle”.
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Glass Fiber Measuring Tape Market Report Segments:
The market is segmented by Type Below 5m, 5m-10m, Above 10m and By Application Woodworking, Construction.
Some of the companies that are profiled in this report are:
Stanley Black & Decker
TAJIMA
Komelon
Apex
Starrett
Pro'skit
The Grate Wall
Endura
Hultafors
EXPLOIT
PST
BERENT
Empire
Jetech Tool
BOSI
Kraftwelle
Glass Fiber Measuring Tape Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Glass Fiber Measuring Tape Market
Overview of the regional outlook of the Glass Fiber Measuring Tape Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Read More at: https://dataintelo.com/report/global-glass-fiber-measuring-tape-market/
Highlights of The Glass Fiber Measuring Tape Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of Glass Fiber Measuring Tape Market.
Historical data and forecast.
Estimations for the forecast period 2028.
Developments and trends in the market.
By Type:
Below 5m
5m-10m
Above 10m
By Application:
Woodworking
Construction
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Glass Fiber Measuring Tape Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
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Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
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Reasons to Purchase the Glass Fiber Measuring Tape Market Report:
The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
