Product Code: A16615
The global cable ties market was valued at $1.4 billion in 2022, and is projected to reach $2.5 billion by 2032, growing at a CAGR of 6.4% from 2023 to 2032.
A cable tie, usually referred to as wire tie, ty-wrap, zip tie, zap strap, hose tie, and others is a type of fastener, which is used for holding cables together. It is utilized to fasten multiple electronic cables or wires together or to route cables and wires together in a manageable form. Cable ties are mostly produced from nylon, making them highly flexible. These ties have a "tape" section with teeth that grip with a pawl in the head in order to create a ratchet. When the free end of these ties is pulled, the cable ties tighten. Owing to their ease of use and binding strength, cable ties are gaining popularity in recent years and are extensively used in applications such as consumer electronics, utility enclosures, automotive, aircraft, manufacturing, building & construction, and others.
Cable ties are ideal for fastening and bundling cabling in applications such as radios, lights, and other electronics. Cable ties are used in the construction industry for tying applications. Nylon cable ties are used to connect cables in industrial and commercial sectors. They are utilized to open and shut rapidly, allowing consumers to effortlessly add or remove wires on cables and cords at home, workplace, and studio. They are also used in the building and construction industries.
Cable ties are extensively used across the building and construction sector owing to their properties such as ability to withstand harsh conditions, secure scaffolding, and fasten fragile wiring. They are widely used for attaching safety and advertising signs as well as securing netting to the scaffold poles in order to prevent debris falling out onto the street. Moreover, cable ties find application in installing temporary fencing and screens while construction is underway on construction sites. Nylon 66 cable ties have a high enough tensile strength to fasten scaffold netting and sheeting. Besides, stainless steel cable ties are used in the construction industry due to their properties such as weather and chemical resistance and corrosion & high-temperature resistance. Automotive industries are also primary end-users of these cable ties where they are utilized in automotive assembling lines. Cable ties use is common in automotive applications as they are used to fasten hoses and cables to the chassis of cars. Therefore, they perform a crucial role of fastening, which leads to the smooth functioning of operation. Thus, cable ties use is increasing rapidly from various applications due to which it is expected to witness lucrative growth rate over the forecast period.
Further, automotive cable ties are commonly composed of nylon and stainless steel, with stainless steel cable ties being much more resistant to radiation, vibration, and flame. In automotive vehicles, cable ties employ a pull-through closure, which is more durable and reliable. In addition, rapid growth of the building and construction industry is also expected to fuel the demand for cable ties in the near future. However, availability of alternatives such as Velcro straps, conveyor belt hooks, surgeon's knot or constrictor knot is expected to hamper the growth of this market.
Nevertheless, penetration of small-scale players and limited entry barriers is anticipated to create lucrative growth opportunities for the market growth in coming years. The cable ties market is studied on the basis of material type, product type, end-use industry, and region. By material type, the cable ties market is divided into nylon, stainless steel, and others. Based on the product type, the market is divided into releasable cable ties, ball lock cable ties, and ladder cable ties. By end-use industry, the market is categorized into automotive, electronics & electrical, consumer goods, building & construction, marine, and others. By region, the cable ties market analysis is done across North America, Europe, Asia-Pacific, and LAMEA (Latin America, the Middle East, and Africa).
The major players operating in the cable ties industry are ABB Installation Products Inc., AFT Fasteners, Avery Dennison Corporation, 3M, Hellermann Tyton, Panduit, Novoflex, Acme Seals Group, Ascend Performance Materials, and Band-It IDEX In. The companies adopted key strategies such as collaboration to increase their market share.
The drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights the key areas of investment. In addition, it includes Porter's five forces analysis to understand the competitive scenario of the industry and the role of each stakeholder. The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of key players to increase their market share and sustain the intense competition in the industry.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the cable ties market analysis from 2022 to 2032 to identify the prevailing cable ties market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the cable ties market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global cable ties market trends, key players, market segments, application areas, and market growth strategies.
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- Regulatory Guidelines
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Criss-cross segment analysis- market size and forecast
- Historic market data
- Import Export Analysis/Data
- Key player details (including location, contact details, supplier/vendor network etc. in excel format)
- List of customers/consumers/raw material suppliers- value chain analysis
- Market share analysis of players at global/region/country level
- SWOT Analysis
Key Market Segments
By Product Type
- Releasable Cable Ties
- Ball Lock Cable Ties
- Ladder Cable Ties
By End-use Industry
- Electronics and Electrical
- Building and Construction
- Automotive
- Consumer Goods
- Marine
- Others
By Material Type
- Nylon
- Stainless Steel
- Others
By Region
- North America
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- South Africa
- Saudi Arabia
- Rest of LAMEA
Key Market Players:
- AFT Fasteners
- 3M
- HellermannTyton
- Ascend Performance Materials
- BAND-IT
- Panduit Corp.
- Acme Seals Group of Companies
- HOODS CORPORATION
- Novoflex
- ABB
- AVERY DENNISON CORPORATION
- Atlas Metal Industries Pvt. Ltd.
- AVIN Engi-Tech
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research Methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Low threat of new entrants
- 3.3.3. Low threat of substitutes
- 3.3.4. Low intensity of rivalry
- 3.3.5. Low bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Increase in demand for cable ties from electronics, building & construction, and automotive industries
- 3.4.1.2. Rapid growth of building and construction industry
- 3.4.2. Restraints
- 3.4.2.1. Availability of substitutes
- 3.4.3. Opportunities
- 3.4.3.1. Technological advancements
- 3.5. Value Chain Analysis
CHAPTER 4: CABLE TIES MARKET, BY MATERIAL TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Nylon
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Stainless Steel
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Others
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
CHAPTER 5: CABLE TIES MARKET, BY PRODUCT TYPE
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. Releasable Cable Ties
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Ball Lock Cable Ties
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
- 5.4. Ladder Cable Ties
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
CHAPTER 6: CABLE TIES MARKET, BY END-USE INDUSTRY
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Electronics and Electrical
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Building and Construction
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
- 6.4. Automotive
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by region
- 6.4.3. Market share analysis by country
- 6.5. Consumer Goods
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by region
- 6.5.3. Market share analysis by country
- 6.6. Marine
- 6.6.1. Key market trends, growth factors and opportunities
- 6.6.2. Market size and forecast, by region
- 6.6.3. Market share analysis by country
- 6.7. Others
- 6.7.1. Key market trends, growth factors and opportunities
- 6.7.2. Market size and forecast, by region
- 6.7.3. Market share analysis by country
CHAPTER 7: CABLE TIES MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Material Type
- 7.2.3. Market size and forecast, by Product Type
- 7.2.4. Market size and forecast, by End-use Industry
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Material Type
- 7.2.5.1.2. Market size and forecast, by Product Type
- 7.2.5.1.3. Market size and forecast, by End-use Industry
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Material Type
- 7.2.5.2.2. Market size and forecast, by Product Type
- 7.2.5.2.3. Market size and forecast, by End-use Industry
- 7.2.5.3. Mexico
- 7.2.5.3.1. Market size and forecast, by Material Type
- 7.2.5.3.2. Market size and forecast, by Product Type
- 7.2.5.3.3. Market size and forecast, by End-use Industry
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Material Type
- 7.3.3. Market size and forecast, by Product Type
- 7.3.4. Market size and forecast, by End-use Industry
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. Germany
- 7.3.5.1.1. Market size and forecast, by Material Type
- 7.3.5.1.2. Market size and forecast, by Product Type
- 7.3.5.1.3. Market size and forecast, by End-use Industry
- 7.3.5.2. UK
- 7.3.5.2.1. Market size and forecast, by Material Type
- 7.3.5.2.2. Market size and forecast, by Product Type
- 7.3.5.2.3. Market size and forecast, by End-use Industry
- 7.3.5.3. Italy
- 7.3.5.3.1. Market size and forecast, by Material Type
- 7.3.5.3.2. Market size and forecast, by Product Type
- 7.3.5.3.3. Market size and forecast, by End-use Industry
- 7.3.5.4. France
- 7.3.5.4.1. Market size and forecast, by Material Type
- 7.3.5.4.2. Market size and forecast, by Product Type
- 7.3.5.4.3. Market size and forecast, by End-use Industry
- 7.3.5.5. Spain
- 7.3.5.5.1. Market size and forecast, by Material Type
- 7.3.5.5.2. Market size and forecast, by Product Type
- 7.3.5.5.3. Market size and forecast, by End-use Industry
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Market size and forecast, by Material Type
- 7.3.5.6.2. Market size and forecast, by Product Type
- 7.3.5.6.3. Market size and forecast, by End-use Industry
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Material Type
- 7.4.3. Market size and forecast, by Product Type
- 7.4.4. Market size and forecast, by End-use Industry
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Material Type
- 7.4.5.1.2. Market size and forecast, by Product Type
- 7.4.5.1.3. Market size and forecast, by End-use Industry
- 7.4.5.2. India
- 7.4.5.2.1. Market size and forecast, by Material Type
- 7.4.5.2.2. Market size and forecast, by Product Type
- 7.4.5.2.3. Market size and forecast, by End-use Industry
- 7.4.5.3. Japan
- 7.4.5.3.1. Market size and forecast, by Material Type
- 7.4.5.3.2. Market size and forecast, by Product Type
- 7.4.5.3.3. Market size and forecast, by End-use Industry
- 7.4.5.4. South Korea
- 7.4.5.4.1. Market size and forecast, by Material Type
- 7.4.5.4.2. Market size and forecast, by Product Type
- 7.4.5.4.3. Market size and forecast, by End-use Industry
- 7.4.5.5. Australia
- 7.4.5.5.1. Market size and forecast, by Material Type
- 7.4.5.5.2. Market size and forecast, by Product Type
- 7.4.5.5.3. Market size and forecast, by End-use Industry
- 7.4.5.6. Rest of Asia-Pacific
- 7.4.5.6.1. Market size and forecast, by Material Type
- 7.4.5.6.2. Market size and forecast, by Product Type
- 7.4.5.6.3. Market size and forecast, by End-use Industry
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Material Type
- 7.5.3. Market size and forecast, by Product Type
- 7.5.4. Market size and forecast, by End-use Industry
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Brazil
- 7.5.5.1.1. Market size and forecast, by Material Type
- 7.5.5.1.2. Market size and forecast, by Product Type
- 7.5.5.1.3. Market size and forecast, by End-use Industry
- 7.5.5.2. South Africa
- 7.5.5.2.1. Market size and forecast, by Material Type
- 7.5.5.2.2. Market size and forecast, by Product Type
- 7.5.5.2.3. Market size and forecast, by End-use Industry
- 7.5.5.3. Saudi Arabia
- 7.5.5.3.1. Market size and forecast, by Material Type
- 7.5.5.3.2. Market size and forecast, by Product Type
- 7.5.5.3.3. Market size and forecast, by End-use Industry
- 7.5.5.4. Rest of LAMEA
- 7.5.5.4.1. Market size and forecast, by Material Type
- 7.5.5.4.2. Market size and forecast, by Product Type
- 7.5.5.4.3. Market size and forecast, by End-use Industry
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
- 9.1. ABB
- 9.1.1. Company overview
- 9.1.2. Key Executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.2. AFT Fasteners
- 9.2.1. Company overview
- 9.2.2. Key Executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.3. AVERY DENNISON CORPORATION
- 9.3.1. Company overview
- 9.3.2. Key Executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.4. 3M
- 9.4.1. Company overview
- 9.4.2. Key Executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.5. HellermannTyton
- 9.5.1. Company overview
- 9.5.2. Key Executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.6. Panduit Corp.
- 9.6.1. Company overview
- 9.6.2. Key Executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.7. Novoflex
- 9.7.1. Company overview
- 9.7.2. Key Executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.8. Acme Seals Group of Companies
- 9.8.1. Company overview
- 9.8.2. Key Executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.9. Ascend Performance Materials
- 9.9.1. Company overview
- 9.9.2. Key Executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Key strategic moves and developments
- 9.10. BAND-IT
- 9.10.1. Company overview
- 9.10.2. Key Executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.11. Atlas Metal Industries Pvt. Ltd.
- 9.11.1. Company overview
- 9.11.2. Key Executives
- 9.11.3. Company snapshot
- 9.11.4. Operating business segments
- 9.11.5. Product portfolio
- 9.12. HOODS CORPORATION
- 9.12.1. Company overview
- 9.12.2. Key Executives
- 9.12.3. Company snapshot
- 9.12.4. Operating business segments
- 9.12.5. Product portfolio
- 9.13. AVIN Engi-Tech
- 9.13.1. Company overview
- 9.13.2. Key Executives
- 9.13.3. Company snapshot
- 9.13.4. Operating business segments
- 9.13.5. Product portfolio