Cable Ties Marketplace Measurement, Percentage, and Forecasts Record until 2024 | Featuring Key Vendors - M Co., ABB Ltd., Acme Seals (Malaysia) Sdn Bhd, Advanced Cable Ties Inc., and Others
NEW YORK, Feb. 24, 2021 /PRNewswire/ -- The "Cable Ties Market by Geography and End-user - Forecast and Analysis 2020-2024" report has been added to Technavio's offering.
The cable ties market is expected to grow by USD 1.49 billion, progressing at a CAGR of over 5% during the forecast period. Get Free Sample Report in MINUTES
The increased incorporation of heat stabilized materials with cable ties is one of the major factors propelling market growth. However, factors such as volatility in raw material prices will hamper the market growth.
More details: https://www.technavio.com/report/cable-ties-market-industry-analysis
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-- Impact of lockdowns, supply chain disruptions, demand destruction, and
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-- Covers market data for 2020, 2021, until 2025
-- Market trends (drivers, opportunities, threats, challenges, investment
opportunities, and recommendations)
-- Strategic recommendations in key business segments based on the market
estimations
COVID-19 is expected to have Mixed and Direct impact on Materials industry. Even if the spread of virus is contained, we expect it to take more than two quarters (six months) to reach a normal state of economic activity. In the short term, the market demand will show at par growth.
Cable Ties Market: End-user Landscape
Cable ties are important in the electrical and electronics industry. The fasteners are used for binding cables in a data center, telecommunications, and industrial electronics applications. The enterprises in this industry use cable ties for bundling and harnessing products such as optic cables and wire. These ties are more reliable compared with products such as electric tapes. The cable ties market share growth by the electrical and electronics segment will be slower than the growth of the market by the retail goods and construction segments.
Cable Ties Market: Geographic Landscape
APAC was the largest cable ties market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The increasing demand from industries such as construction, food and beverages, and electrical and electronics and the rising investments in the 5G network will significantly drive the cable ties market growth in this region over the forecast period. Almost 45% of the market's growth will originate from APAC during the forecast period. China is the critical market for the cable ties market in APAC. Market growth in this region will be faster than the growth of the market in other regions.
Companies Covered:
-- 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.
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Key Topics Covered:
Executive Summary
-- Market Overview
Market Landscape
-- Market ecosystem
-- Value chain analysis
Market Sizing
-- Market definition
-- Market segment analysis
-- Market size 2019
-- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
-- Bargaining power of buyers
-- Bargaining power of suppliers
-- Threat of new entrants
-- Threat of substitutes
-- Threat of rivalry
-- Market condition
Market Segmentation by End-user
-- Market segments
-- Comparison by End user
-- Electrical and electronics - Market size and forecast 2019-2024
-- Retail goods - Market size and forecast 2019-2024
-- Construction - Market size and forecast 2019-2024
-- Food and beverages - Market size and forecast 2019-2024
-- Others - Market size and forecast 2019-2024
-- Market opportunity by End user
Market Segmentation by Material
-- Market segments
-- Comparison by Material
-- Nylon - Market size and forecast 2019-2024
-- Metal - Market size and forecast 2019-2024
-- Others - Market size and forecast 2019-2024
-- Market opportunity by Material
Customer landscape
-- Overview
Geographic Landscape
-- Geographic segmentation
-- Geographic comparison
-- APAC - Market size and forecast 2019-2024
-- North America - Market size and forecast 2019-2024
-- Europe - Market size and forecast 2019-2024
-- South America - Market size and forecast 2019-2024
-- MEA - Market size and forecast 2019-2024
-- Key leading countries
-- Market opportunity by geography
Drivers, Challenges, and Trends
-- Market drivers
-- Volume driver - Demand led growth
-- Volume driver - Supply led growth
-- Volume driver - External factors
-- Volume driver - Demand shift in adjacent markets
-- Price driver - Inflation
-- Price driver - Shift from lower to higher priced units
-- Market challenges
-- Market trends
Vendor Landscape
-- Overview
-- Landscape disruption
Vendor Analysis
-- Vendors covered
-- Market positioning of vendors
-- 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.
Appendix
-- Scope of the report
-- Currency conversion rates for US$
-- Research methodology
-- List of abbreviations
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