Cable Ties Market by End-user, Material, and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR41440
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 Cable Ties Market - 2021-2025

The cable ties market size is expected to reach a value of USD 66.51 million during 2021-2025 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. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Cable Ties Market Size

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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? You can buy the report now with one easy click.

Cable Ties Market Vendors and Competitive Analysis

The cable ties market is fragmented and the vendors are deploying growth strategies such as acquiring small vendors to gain a competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.

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. Click here to get COVID-19 impact update.

Buy the full cable ties market forecast report for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Cable Ties Market Vendors

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. To unlock exclusive information on potential business locations and understand the demographics of current and prospective customers buy the report now!

Cable Ties Market Share by Geography

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. To view our in-depth analytical review on the micro and macroeconomic factors impacting businesses in the regions click here.

The cable ties market share growth in APAC will be faster than the growth of the market in other regions. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

Cable Ties Market Insights by End-user

Cable-Ties-Market-Market-Share-by-End-2020-2025

To gain further insights on the market contribution of various segments Request for a FREE Sample!

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. Also, get updated actionable market insights on post COVID19 impact on each segment.

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. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.

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!

 

Cable Ties Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

USD 66.51 million

Market structure

Fragmented

YoY growth (%)

2.45

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 46%

Key consumer countries

US, China, Germany, Japan, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

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.

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,

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.

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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.

TechnavioINFORMATION 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
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TechnavioDATA 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
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TechnavioREPORT 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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The cable ties market growth will increase by $1488.24 million during 2019-2024.
The cable ties market is expected to grow at a CAGR of 5.46% during 2019-2024.
Technavio has segmented the cable ties market by end user (Electrical and electronics, Retail goods, Construction, Food and beverages, and Others) ,material (Nylon, Metal, and Others) , and geographic (APAC, North America, Europe, South America, and MEA).
3M Co., ABB Ltd., Acme Seals (Malaysia) Sdn Bhd, Advanced Cable Ties Inc., Avery Dennison Inc., HellermannTyton GmbH, KAI SUH SUH ENTERPRISE CO. LTD., Novoflex, Panduit Corp., Partex Marking Systems UK Ltd. are a few of the key vendors in the cable ties market.
APAC will register the highest growth rate of 44.53% among the other regions. Therefore, the cable ties market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the cable ties market growth are:
  • Increased incorporation of heat stabilized materials with cable ties
The cable ties market vendors should focus on grabbing business opportunities from the electrical and electronics segment as it accounted for the largest market share in the base year.
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