Global Measuring Tape Market Research Report 2023(Status and Outlook)

Global Measuring Tape Market Research Report 2023(Status and Outlook)

Report Overview

A Measuring Tape or tape measure is a flexible ruler. It consists of a ribbon of cloth, plastic, fiber glass, or metal strip with linear-measurement markings. It is a common measuring tool. Its design allows for a measure of great length to be easily carried in pocket or toolkit and permits one to measure around curves or corners. Today it is ubiquitous, even appearing in miniature form as a keychain fob, or novelty item. Surveyors use tape measures in lengths of over 100 m (300+ ft). Measuring tapes designed for carpentry or construction often use a stiff, curved metallic ribbon or fiberglass fabric that can remain stiff and straight when extended, but retracts into a coil for convenient storage. This type of tape measure will have a floating tang or hook on the end to aid measuring. The tang is connected to the tape with loose rivets through oval holes, and can move a distance equal to its thickness, to provide both inside and outside measurements that are accurate. A tape measure of 25 or even 100 feet can wind into a relatively small container. The self-marking tape measure allows the user an accurate one hand measure.

Global Measuring Tape key players include Stanley Black & Decker, TAJIMA, Komelon, Apex, Starrett, etc. Global top five manufacturers hold a share about 25%. Asia-Pacific is the largest market, with a share about 60%, followed by Europe, with a share about 15 percent. In terms of product, Pocket Tapes is the largest segment, with a share about 90%. And in terms of application, the largest application is Construction, followed by Woodworking, etc.

The Global Measuring Tape Market Size was estimated at USD 1361 million in 2022 and is projected to reach USD 1767.01 million by 2029, exhibiting a CAGR of 3.80% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Measuring Tape market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Measuring Tape Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Measuring Tape market in any manner.

Global Measuring Tape Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Stanley Black & Decker

TAJIMA

Komelon

Apex

Starrett

Pro'skit

The Grate Wall

Endura

Hultafors

EXPLOIT

PST

BERENT

Empire

Jetech Tool

BOSI

Kraftwelle

Market Segmentation (by Type)

Pocket Tapes

Surveyor Tapes

Market Segmentation (by Application)

Commercial Enterprises

Defense Organizations

Research Institutions

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

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 Measuring Tape Market

Overview of the regional outlook of the Measuring Tape Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors