PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1282926
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1282926
North America Nylon Cable Tie Market - By Type ; By Sales Channel ; By Application ; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2029
North America Nylon Cable Tie Market Size Set to Grow at Steady CAGR to Reach USD 25.75 Million by 2029
North America nylon cable tie market is flourishing due to the increasing demand for nylon cable tie from various industries.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated North America nylon cable tie market size at USD 19.36 million in 2022. During the forecast period between 2023 and 2029, North America nylon cable tie market size to grow at a robust CAGR of 4.23% reaching a value of USD 25.75 million by 2029. Significant developments have emerged in the nylon cable tie market in North America in recent years. One noteworthy development is the rise in demand for nylon cable ties in a variety of sectors, including the automotive, electrical, construction, and packaging industries. The benefits provided by nylon cable ties, such as their high strength, longevity, and resistance to chemicals and UV radiation, can be credited with this increase. Also, there is a growing emphasis on environmentally friendly and sustainable solutions, which has led to the use of nylon cable ties created from recycled materials. Innovative nylon cable tie designs have been created as a result of improvements in manufacturing technology, enabling better usability and functionality. Overall, these factors are driving steady expansion in the nylon cable tie market in North America.
North America Nylon Cable Tie Market - Overview:
A zip tie, also known as a cable tie, is a multipurpose fastening device used for securing and organizing cables, wires, and other things. It is made up of a flexible nylon strap, which is a long-lasting synthetic polymer. The strap has a row of regularly spaced teeth on one side and a small ratchet mechanism on the other. To use a nylon cable tie, wrap the strap around the goods to be tied and place the pointed end into the ratchet mechanism. The teeth engage the ratchet when the strap is tightened, preventing the knot from loosening or slipping. Nylon cable ties are widely utilized in a variety of industries, including electronics, automotive, construction, and manufacturing, due to ease of usage, dependability, and durability.
Impact of COVID-19 on North America Nylon Cable Tie Market
The COVID-19 pandemic significantly impacted the North America nylon cable tie market, reshaping the industry landscape and demand patterns. With the outbreak leading to lockdowns, supply chain disruptions, and reduced economic activity, the market experienced a temporary setback. Industries heavily reliant on nylon cable ties, such as automotive, construction, and electrical, faced challenges due to halted projects and decreased production. However, the pandemic also prompted an increased focus on hygiene and safety measures, leading to a surge in demand for cable ties in the healthcare and packaging sectors. As the region recovers and adapts to the changing needs, the market is poised for growth and innovation in post-pandemic recovery efforts.
North America Nylon Cable Tie Market - By Application:
On the basis of application, North America nylon cable tie market is divided into Building & Construction, Automotive, Agricultural, Electronics & Electricals, Consumer Goods, and Industrial segments. The largest segment is the building & construction sector. Building & construction encompasses a wide range of applications, including residential, commercial, and infrastructure projects. Nylon cable ties are extensively used in this sector for bundling, organizing, and securing cables, wires, and other components. The rapid growth of the construction industry in North America has significantly contributed to the dominance of this segment. Also, stringent regulations regarding safety standards and the need for efficient cable management systems have further fueled the demand for nylon cable ties in the building & construction sector.
Competitive Landscape:
North America nylon cable tie market is fiercely competitive. Major companies in the market include Hua Wei, HellermannTyton, ABB, Panduit, Avery Dennison, Advanced Cable Ties, Cobra, Cabac, 3M, and SapiSelco. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in North America nylon cable tie market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of North America Nylon Cable Tie Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in North America Nylon Cable Tie Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. North America Nylon Cable Tie Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Growth in the Construction Industry
- 3.2.1.2. Increase in Infrastructure Projects
- 3.2.2. Restraints
- 3.2.2.1. Availability of Alternative Solutions
- 3.2.3. Opportunities
- 3.2.3.1. Advancement in Manufacturing Process
- 3.2.4. Challenges
- 3.2.4.1. Environmental Concerns
- 3.2.1. Growth Drivers
- 3.3. Technology Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. North America Nylon Cable Tie Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Type
- 4.2.1.1. Nylon 6,6
- 4.2.1.2. Nylon 6,
- 4.2.1.3. Others
- 4.2.2. By Sales Channel
- 4.2.2.1. Direct Sales
- 4.2.2.2. Distributor
- 4.2.3. By Application
- 4.2.3.1. Building & Construction
- 4.2.3.2. Automotive
- 4.2.3.3. Agricultural
- 4.2.3.4. Electronics & Electricals
- 4.2.3.5. Consumer Good
- 4.2.3.6. Industrial
- 4.2.3.7. Others
- 4.2.4. By Country
- 4.2.4.1. United States
- 4.2.4.2. Canada
- 4.2.1. By Type
5. United States Nylon Cable Tie Market Overview
- 5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.3. By Type
- 5.4. By Sales Channel
- 5.5. By Application
6. Canada Nylon Cable Tie Market Overview
- 6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.3. By Type
- 6.4. By Sales Channel
- 6.5. By Application
7. Competitive Landscape
- 7.1. List of Key Players and Their Offerings
- 7.2. North America Nylon Cable Tie Company Market Share Analysis, 2022
- 7.3. Competitive Benchmarking, By Operating Parameters
- 7.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
8. Impact of Covid-19 on North America Nylon Cable Tie Market
9. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 9.1. Hua Wei
- 9.2. HellermannTyton
- 9.3. ABB
- 9.4. Panduit
- 9.5. Avery Dennison
- 9.6. Advanced Cable Ties
- 9.7. Cobra
- 9.8. Cabac
- 9.9. 3M
- 9.10. SapiSelco
- 9.11. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
- 11.1. Qualitative Research
- 11.1.1. Primary & Secondary Research
- 11.2. Quantitative Research
- 11.3. Market Breakdown & Data Triangulation
- 11.3.1. Secondary Research
- 11.3.2. Primary Research
- 11.4. Breakdown of Primary Research Respondents, By Region
- 11.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1 North America Nylon Cable Tie Segmentation
- Figure 2 North America Nylon Cable Tie Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2022
- Figure 4 North America Nylon Cable Tie Market Size, By Value (USD Million), 2019-2029
- Figure 5 North America Nylon Cable Tie Market Share, By Type, By Value, 2019-2029
- Figure 6 North America Nylon Cable Tie Market Share, By Sales Channel, By Value, 2019-2029
- Figure 7 North America Nylon Cable Tie Market Share, By Application, By Value, 2019-2029
- Figure 8 North America Nylon Cable Tie Market Share, By Country, By Value, 2019-2029
- Figure 9 United States Nylon Cable Tie Market Size, By Value (USD Million), 2019-2029
- Figure 10 United States Nylon Cable Tie Market Share, By Type, By Value, 2019-2029
- Figure 11 United States Nylon Cable Tie Market Share, By Sales Channel, By Value, 2019-2029
- Figure 12 United States Nylon Cable Tie Market Share, By Application, By Value, 2019-2029
- Figure 13 Canada Nylon Cable Tie Market Size, By Value (USD Million), 2019-2029
- Figure 14 Canada Nylon Cable Tie Market Share, By Type, By Value, 2019-2029
- Figure 15 Canada Nylon Cable Tie Market Share, By Sales Channel, By Value, 2019-2029
- Figure 16 Canada Nylon Cable Tie Market Share, By Application, By Value, 2019-2029
List of Tables
- Table 1 North America Nylon Cable Tie Market Size, By Value (USD Million), 2019-2029
- Table 2 North America Nylon Cable Tie Market Size, By Type, By Value, 2019-2029
- Table 3 North America Nylon Cable Tie Market Size, By Sales Channel, By Value, 2019-2029
- Table 4 North America Nylon Cable Tie Market Size, By Application, By Value, 2019-2029
- Table 5 North America Nylon Cable Tie Market Size, By Country, By Value, 2019-2029
- Table 6 United States Nylon Cable Tie Market Size, By Value (USD Million), 2019-2029
- Table 7 United States Nylon Cable Tie Market Size, By Type, By Value, 2019-2029
- Table 8 United States Nylon Cable Tie Market Size, By Sales Channel, By Value, 2019-2029
- Table 9 United States Nylon Cable Tie Market Size, By Application, By Value, 2019-2029
- Table 10 Canada Nylon Cable Tie Market Size, By Value (USD Million), 2019-2029
- Table 11 Canada Nylon Cable Tie Market Size, By Type, By Value, 2019-2029
- Table 12 Canada Nylon Cable Tie Market Size, By Sales Channel, By Value, 2019-2029
- Table 13 Canada Nylon Cable Tie Market Size, By Application, By Value, 2019-2029
- Table 14 Hua Wei Company Overview
- Table 15 Hua Wei Financial Overview
- Table 16 HellermannTyton Company Overview
- Table 17 HellermannTyton Financial Overview
- Table 18 ABB Company Overview
- Table 19 ABB Financial Overview
- Table 20 Panduit Company Overview
- Table 21 Panduit Financial Overview
- Table 22 Avery Dennison Company Overview
- Table 23 Avery Dennison Financial Overview
- Table 24 Advanced Cable Ties Company Overview
- Table 25 Advanced Cable Ties Financial Overview
- Table 26 Cobra Company Overview
- Table 27 Cobra Financial Overview
- Table 28 Cabac Company Overview
- Table 29 Cabac Financial Overview
- Table 30 3M Company Overview
- Table 31 3M Financial Overview
- Table 32 SapiSelco Company Overview
- Table 33 SapiSelco Financial Overview
