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).
For industry structure analysis, the Measuring Tape industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 22 % of the revenue market. Regionally, Asia-Pacific is the biggest revenue market, also the leader in the whole Measuring Tape industry.
The Measuring Tape industry market is not concentrated as the manufacturing technology of Measuring Tape is relatively matures than some high-tech equipment. More than 85% measuring taps are pocket tapes which are more convenient while surveyor tapes are needed in tough outdoor working conditions.
China occupied 22.39% of the sales market in 2016. It is followed by India and United States, which respectively account for around 16.81% and 9.92% of the global total industry. Other countries have a smaller amount of sales.
According to this study, over the next five years the Measuring Tape market will register a 5.4% CAGR in terms of revenue, the global market size will reach USD 1650 million by 2024, from USD 1200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Measuring Tape business, shared in Chapter 3.
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.
This study considers the Measuring Tape value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Pocket Tapes
Surveyor Tapes
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Woodworking
Construction
Other
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Stanley Black & Decker
TAJIMA
Komelon
Apex
Starrett
Pro'skit
The Grate Wall
Endura
Hultafors
EXPLOIT
PST
BERENT
Empire
Jetech Tool
BOSI
Kraftwelle
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Measuring Tape consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Measuring Tape market by identifying its various subsegments.
Focuses on the key global Measuring Tape manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Measuring Tape with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Measuring Tape submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
