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Market Overview

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

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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

What our reports offer:

  • How businesses can stay relevant
  • What values are driving customer loyalty
  • Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
  • 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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Related Reports on Materials Include:

Cable Accessories Market by Application and Geography - Forecast and Analysis 2020-2024:
The cable accessories market size has the potential to grow by USD 6.91 billion during 2020-2024, and the market's growth momentum will accelerate at a CAGR of 3.47%. To get extensive research insights: Get FREE Sample Report in Minutes!

Offshore Wind Cable Market by Product and Geography - Forecast and Analysis 2020-2024: The offshore wind cable market size has the potential to grow by USD 655.89 million during 2020-2024. The market's growth momentum will accelerate during the forecast period because of the key market drivers, which have been explore in this report. To get extensive research insights Get FREE Sample Report in Minutes!

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.

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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

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Report Page:  https://www.technavio.com/report/cable-ties-market-industry-analysis

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