Lewes, DE -- (SBWIRE) -- 07/30/2018 -- Measuring Tape market will register a 5.4% CAGR in terms of revenue; reach US$ 1660 million by 2023, from US$ 1210 million in 2017.

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.

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.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Stanley Black & Decker
Tajima
Apex
Hultafors
Irwin
Pro'skit
Grate Wall
Endura
Exploit
komelon
PST
BERENT
Jetech Tool
Empire
BOSI
Kraftwelle

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Pocket Tapes
Surveyor Tapes

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Woodworking
Construction
Others

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