Cable Ties Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025
| Published: Jun 2021 | Pages: 120 | SKU: IRTNTR41440 |
Cable Ties Market - 2021-2025
The cable ties market size is expected to grow by USD 66.51 million during 2020-2025 at a CAGR of 4.39%. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as increased incorporation of heat stabilized materials with cable ties are projected to significantly support market growth during the forecast period.
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Cable Ties Market Segments
Navigate through market segmentation by end-user (electrical and electronics, retail goods, construction, food and beverages, and others), material (nylon, metal, and others), and geography (APAC, North America, Europe, South America, and MEA) in this cable ties market report to pursue growth opportunities.
Get actionable insights on the cable ties market segments to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic cable ties market predictions on-demand changes for 2021-2025?
Cable Ties Market Vendors and Competitive Analysis
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The cable ties market is fragmented and the vendors are deploying growth strategies such as acquiring small vendors to gain a competitive advantage. The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. |
Cable Ties Market - Region Opportunities 2021-2025
46% of the cable ties market growth will originate from APAC during the forecast period. China and Japan are the key markets for cable ties in APAC.
APAC has been exhibiting a significant growth rate for cable ties market vendors. Factors such as increasing demand from the construction, food and beverages, and electrical and electronics industries are accelerating the cable ties market growth in APAC. The cable ties market share growth in APAC will be faster than the growth of the market in other regions.
Cable Ties Market Insights by End-user
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The cable ties market share growth by the electrical and electronics segment will be significant during the forecast period. The growth of the 5G network, which is the latest mobile wireless technology and an upgraded version of the previous 4G network, will support the development of the global cable ties market by the electrical and electronics segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the cable ties market size.
From the cable ties market segmentation insights, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentation will allow vendors to position their services and products among the right audiences and gain significant exposure and growth.
Cable Ties Market Drivers & Trends
While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding cable ties market growth is volatility in raw material prices.
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Increased incorporation of heat stabilized materials with cable ties is a key driver augmenting the cable ties market growth. The cable ties with heat stabilized materials are used in applications wherein resistance to higher temperatures is required. These ties are cost-effective and durable and are specially designed for use in harsh environmental conditions. Cable ties made of materials such as nylon, when combined with heat stabilizing materials, offer better resistance to heat both in high temperatures and outdoor areas. The material also provides fasteners with a low-profile and smooth look. Additionally, they are capable of providing a better tensioning range to the cable ties. The nylon ties are also considered as alternatives to metal ties because the nylon ties cost lower and have less installation time. This is encouraging vendors to offer cable ties with heat-stabilized materials. Hence, cable ties made with heat stabilized materials will see an increased demand during the forecast period. |
This cable ties market analysis report provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.
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Cable Ties Market Report Outlook
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive cable ties market growth during the next five years
- Precise estimation of the cable ties market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the cable ties market across APAC, North America, Europe, South America, and MEA
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of cable ties market vendors
Buy the Cable Ties Market report now to reimage your business strategies!
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Cable Ties Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
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Market growth 2021-2025 |
USD 66.51 million |
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Market structure |
Fragmented |
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YoY growth (%) |
2.45 |
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Regional analysis |
APAC, North America, Europe, South America, and MEA |
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Performing market contribution |
APAC at 46% |
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Key consumer countries |
US, China, Germany, Japan, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
3M Co., ABB Ltd., Acme Seals (Malaysia) Sdn Bhd, Advanced Cable Ties Inc., Avery Dennison Corp., HellermannTyton GmbH, KAI SUH SUH ENTERPRISE CO. LTD., Novoflex, Panduit Corp., and Partex Marking Systems UK Ltd. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market Characteristics
2.2 Value chain analysis
Exhibit 03: Value chain analysis of Metals and glass containers market
2.2.1 Inputs
2.2.2 Inbound logistics
2.2.3 Operations
2.2.4 Outbound logistics
2.2.5 Marketing and sales
2.2.6 Service
Support Activities
Industry Innovation
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020-2025
3.4.1 Estimating growth rates for emerging and high-growth markets
3.4.2 Estimating growth rates for mature markets
Exhibit 06: Global - Market size and forecast 2020-2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2020-2025 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Market condition - Five forces 2020
5. Market Segmentation by End-user
The segments covered in this chapter are:
- Electrical and electronics
- Retail goods
- Construction
- Food and beverages
- Others
Electrical and electronics was the largest segment of the market in 2020 and will continue to be the largest segment of the market in 2025, growing slower than the overall market (around 4%). It would grow at a compounded annual growth rate of around 3% between 2020 and 2025.
Buy the full cable ties market forecast report for exhaustive analytical data on the segmentations.
5.1 Market segments
Exhibit 15: End-user - Market share 2020-2025 (%)
5.2 Comparison by End-user
Exhibit 16: Comparison by End-user
5.3 Electrical and electronics - Market size and forecast 2020-2025
Exhibit 17: Electrical and electronics - Market size and forecast 2020-2025 ($ million)
Exhibit 18: Electrical and electronics - Year-over-year growth 2020-2025 (%)
5.4 Retail goods - Market size and forecast 2020-2025
Exhibit 19: Retail goods - Market size and forecast 2020-2025 ($ million)
Exhibit 20: Retail goods - Year-over-year growth 2020-2025 (%)
5.5 Construction - Market size and forecast 2020-2025
Exhibit 21: Construction - Market size and forecast 2020-2025 ($ million)
Exhibit 22: Construction - Year-over-year growth 2020-2025 (%)
5.6 Food and beverages - Market size and forecast 2020-2025
Exhibit 23: Food and beverages - Market size and forecast 2020-2025 ($ million)
Exhibit 24: Food and beverages - Year-over-year growth 2020-2025 (%)
5.7 Others - Market size and forecast 2020-2025
Exhibit 25: Others - Market size and forecast 2020-2025 ($ million)
Exhibit 26: Others - Year-over-year growth 2020-2025 (%)
5.8 Market opportunity by End-user
Exhibit 27: Market opportunity by End-user
6. Market Segmentation by Material
The segments covered in this chapter are:
- Nylon
- Metal
- Others
Nylon was the largest segment of the market in 2020 and will continue to be the largest segment of the market in 2025, growing slower than the overall market (around 4%). It would grow at a compounded annual growth rate of around 3% between 2020 and 2025.
Buy the full cable ties market forecast report for exhaustive analytical data on the segmentations.
6.1 Market segments
Exhibit 28: Material - Market share 2020-2025 (%)
6.2 Comparison by Material
Exhibit 29: Comparison by Material
6.3 Nylon - Market size and forecast 2020-2025
Exhibit 30: Nylon - Market size and forecast 2020-2025 ($ million)
Exhibit 31: Nylon - Year-over-year growth 2020-2025 (%)
6.4 Metal - Market size and forecast 2020-2025
Exhibit 32: Metal - Market size and forecast 2020-2025 ($ million)
Exhibit 33: Metal - Year-over-year growth 2020-2025 (%)
6.5 Others - Market size and forecast 2020-2025
Exhibit 34: Others - Market size and forecast 2020-2025 ($ million)
Exhibit 35: Others - Year-over-year growth 2020-2025 (%)
6.6 Market opportunity by Material
Exhibit 36: Market opportunity by Material
7. Customer landscape
Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
Exhibit 37: Customer landscape
8. Geographic Landscape
The regions covered in the report are:
- APAC
- North America
- Europe
- South America
- MEA
APAC was the largest region of the market in 2020 and would continue to be the largest segment of the market in 2025. It would grow at a compounded annual growth rate of around 5% between 2020 and 2025, which is faster than the overall market.
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8.1 Geographic segmentation
Exhibit 38: Market share by geography 2020-2025 (%)
8.2 Geographic comparison
Exhibit 39: Geographic comparison
8.3 APAC - Market size and forecast 2020-2025
Exhibit 40: APAC - Market size and forecast 2020-2025 ($ million)
Exhibit 41: APAC - Year-over-year growth 2020-2025 (%)
8.4 North America - Market size and forecast 2020-2025
Exhibit 42: North America - Market size and forecast 2020-2025 ($ million)
Exhibit 43: North America - Year-over-year growth 2020-2025 (%)
8.5 Europe - Market size and forecast 2020-2025
Exhibit 44: Europe - Market size and forecast 2020-2025 ($ million)
Exhibit 45: Europe - Year-over-year growth 2020-2025 (%)
8.6 South America - Market size and forecast 2020-2025
Exhibit 46: South America - Market size and forecast 2020-2025 ($ million)
Exhibit 47: South America - Year-over-year growth 2020-2025 (%)
8.7 MEA - Market size and forecast 2020-2025
Exhibit 48: MEA - Market size and forecast 2020-2025 ($ million)
Exhibit 49: MEA - Year-over-year growth 2020-2025 (%)
8.8 Key leading countries
Exhibit 50: Key leading countries
8.9 Market opportunity by geography
Exhibit 51: Market opportunity by geography ($ million)
9. Drivers, Challenges, and Trends
9.1 Market drivers
9.1.1 Increased incorporation of heat stabilized materials with cable ties
9.1.2 The emergence of metal detectable cable ties
9.1.3 Increasing demand for specialty cable ties
9.2 Market challenges
9.2.1 Volatility in raw material prices
9.2.2 Availability of substitutes
9.2.3 Stringent regulations related to the use of plastic
Exhibit 52: Impact of drivers and challenges
9.3 Market Trends
9.3.1 Use of recycled material for cable ties
9.3.2 Incorporation of RFID with cable ties
9.3.3 Rise of custom cable ties
10. Vendor Landscape
10.1 Vendor landscape
Exhibit 53: Vendor landscape
10.2 Landscape disruption
The potential for the disruption of the market landscape was low in 2020, and its threat is expected to remain unchanged by 2025.
Exhibit 54: Landscape disruption
Exhibit 55: Industry risks
11. Vendor Analysis
11.1 Vendors covered
Exhibit 56: Vendors covered
11.2 Market positioning of vendors
Exhibit 57: Market positioning of vendors
11.3 3M Co.
Overview
Business Segments
Key Offering
11.4 ABB Ltd.
Overview
Business Segments
Key Offering
11.5 Acme Seals (Malaysia) Sdn Bhd
Overview
Business Segments
Key Offering
11.6 Advanced Cable Ties Inc.
Overview
Business Segments
Key Offering
11.7 Avery Dennison Corp.
Overview
Business Segments
Key Offering
11.8 HellermannTyton GmbH
Overview
Business Segments
Key Offering
11.9 KAI SUH SUH ENTERPRISE CO. LTD.
Overview
Business Segments
Key Offering
11.10 Novoflex
Overview
Business Segments
Key Offering
11.11 Panduit Corp.
Overview
Business Segments
Key Offering
11.12 Partex Marking Systems UK Ltd.
Overview
Business Segments
Key Offering
12. Appendix &nb
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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cable ties market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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