Global Measuring Tape Market Growth 2023-2029

Global Measuring Tape Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Measuring Tape Industry Forecast” looks at past sales and reviews total world Measuring Tape sales in 2022, providing a comprehensive analysis by region and market sector of projected Measuring Tape sales for 2023 through 2029. With Measuring Tape sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Measuring Tape industry.
This Insight Report provides a comprehensive analysis of the global Measuring Tape landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Measuring Tape portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Measuring Tape market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Measuring Tape and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Measuring Tape.
The global Measuring Tape market size is projected to grow from US$ 1375.4 million in 2022 to US$ 1802.9 million in 2029; it is expected to grow at a CAGR of 1802.9 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Measuring Tape market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Pocket Tapes
Surveyor Tapes
Segmentation by application
Woodworking
Construction
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Stanley Black & Decker
TAJIMA
Komelon
Apex
Starrett
Pro'skit
The Grate Wall
Endura
Hultafors
EXPLOIT
PST
BERENT
Empire
Jetech Tool
BOSI
Kraftwelle
Key Questions Addressed in this Report
What is the 10-year outlook for the global Measuring Tape market?
What factors are driving Measuring Tape market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Measuring Tape market opportunities vary by end market size?
How does Measuring Tape break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.