Market Research Report
Global Cable Ties Market 2021-2025
|Global Cable Ties Market 2021-2025|
Published: June 18, 2021
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
Technavio has been monitoring the cable ties market and it is poised to grow by USD 66.51 mn during 2021-2025, progressing at a CAGR of over 4% during the forecast period. Our report on the cable ties market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the emergence of metal detectable cable ties and the increasing demand for specialty cable ties. In addition, the emergence of metal detectable cable ties is anticipated to boost the growth of the market as well.
The cable ties market analysis includes end-user and material segments and geographic landscape.
Technavio's cable ties market is segmented as below:
By Geographical Landscape
This study identifies the increased incorporation of heat stabilized materials with cable ties as one of the prime reasons driving the cable ties market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on cable ties market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cable ties market vendors that include 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. Also, the cable ties market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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.
The segments covered in this chapter are:
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.
Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
The regions covered in the report are:
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.
The potential for the disruption of the market landscape was low in 2020, and its threat is expected to remain unchanged by 2025.