Soft Tape Measure Market was valued at USD 0.5 Billion in 2022 and is projected to reach USD 0.9 Billion by 2030, growing at a CAGR of 7.9% from 2024 to 2030.
The global soft tape measure market was valued at approximately $1.5 billion in 2022. The market is projected to grow at a compound annual growth rate (CAGR) of around 5.2% from 2022 to 2027. This growth is driven by increasing demand from various sectors including tailoring, construction, and healthcare. As more industries adopt precision measurement tools and consumer interest in DIY projects rises, the market is expected to expand. The versatility and ease of use of soft tape measures contribute to their widespread application, further fueling market growth.Emerging market trends indicate significant opportunities, particularly in developing regions where industrialization and urbanization are accelerating. The expansion of the apparel and home improvement sectors in these regions is likely to boost demand for soft tape measures. Additionally, advancements in materials and technology are enhancing the functionality and durability of these tools, making them more attractive to both professional and amateur users. The market is expected to benefit from these trends, with increasing adoption rates anticipated in emerging economies.
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Stanley Black & Decker
TAJIMA
Komelon
Apex
Starrett
Milwaukee Tool
Grate Wall
Pro'skit
Endura
Hultafors
EXPLOIT
PST
BERENT
Jetech Tool
BOSI
Kraftwelle
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Soft Tape Measure Market
Woodworking
Construction
Others
Based on Types the Market is categorized into Below types that held the largest Soft Tape Measure market share In 2023.
Pocket Tapes
Surveyor Tapes
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Soft Tape Measure Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Soft Tape Measure Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Soft Tape Measure Market, By Type
6. Global Soft Tape Measure Market, By Application
7. Global Soft Tape Measure Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Soft Tape Measure Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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