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 coverall 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.
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
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