Cable Ties Market Analysis, Share, Industry & Revenue [2031]
Cable Ties Market Analysis, Share, Industry & Revenue [2031]
Segments - Global Cable Ties Market by Types (Releasable, Non-Releasable, Push Mount, Beaded, Rising Hole, Identification, Heat Stabilized, and Others), Applications (Electronic Communication, Electricals, Building and Construction Application, Automobile, Agriculture, Retails Goods, Packaging, and Others), Materials (Nylon, Metallic, Polypropylene, Tefzel, Stainless Steel, and Others), Sales Channels (Online and Offline), and Region (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031
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| Report ID :MC-2628
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Report Description
Cable Ties Market Outlook 2031:
The global cable ties market size was valued at USD 1.78 Billion in 2022 and is projected to reach USD 2.71 Billion by 2031, expanding at a CAGR of 4.8% during the forecast period 2023 - 2031. Cable ties offer high binding strength and are not unlocked easily. Cable ties do not contain metal barbs and have one-piece molded mechanism with fastening & self-locking device.
A cable tie is defined as a type of fastener that holds items together. It is used to prevent damage and keep wires and cables organized. Cable ties are easily available, cost-effective, and easy to use. They offer high binding strength and are not unlocked easily. They are known by different names such as zipper tie, wire tie, wire wrap, rat belt, hose tie, and mouse belt.
Key market players manufacture and sell cable ties in different sizes as per need of customers. Cable ties are used for a diverse range of operations such as bundling of cables with cable ties in extreme conditions and binding a bundle of wires. The cable tie market is driven by rising adoption of cable ties in industries such as building and construction, automobile, and agriculture.
Cable Ties Market Dynamics
Cable ties are popularly used in industries such as pharmaceuticals, food & beverages, and building and construction. Cable ties are used for packaging of articles such as chemicals. Cable ties used in shipping packages are not available for reuse. Rising adoption of metal as well as nylon cable ties in the pharmaceutical sector is anticipated to drive the market.
Cable ties have curved heads, making it easy to thread. They are used in a large number of applications such as binding and fastening of cables and wires. Using cable ties does not require professional skills. Cable ties are used for fastening the cables used in outlets of solar panels, which in turn, is expected to drive the market.
Cable ties are manufactured by using different materials. Plastic cable ties are not disposable, thereby creating a negative impact on environment, which hinders the market growth. Metallic cable ties are expected to wear and tear with time and prolonged use, requiring reinstallation of cable ties. These factors are considered to hamper the market growth during the forecast period.
Many countries around the world export and import commodities such as raw materials, which is estimated to create big opportunities for key players in the market, as cable ties are used for packaging. Governments of many countries regulated their policies for smooth import and export of products.
Cable ties are used for many applications such as organizing and binding wires and cables. They are widely used in electricals and electronic communications. These factors are expected to boost the demand for cable ties. Cable ties can be used for color coding and identification of herbs. Cable ties are used for binding and organizing branches of trees. These factors are expected to propel the cable ties market.
Reusable cable ties are removed and installed easily. Beaded cable tie is commonly used, as it is adjusted easily. They are prominently used in packaging or sealing of articles that need to be reopened. Market players are focusing on manufacturing reusable cable ties, as it is expected to result in environmental sustainability.
Scope of Cable Ties Market Report
The report on the global cable ties market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
| Attributes | Details |
| Report Title | Cable Ties Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
| Base Year | 2022 |
| Historic Data | 2016 – 2021 |
| Forecast Period | 2023–2031 |
| Segmentation | By Types (Releasable, Non-releasable, Push Mount, Beaded, Rising Hole, Identification, Heat Stabilized, and Others), By Materials (Nylon, Metallic, Polypropylene, Tefzel, Stainless Steel, and Others), By Applications (Electronic Communication, Electricals, Building and Construction, Automobile, Agriculture, Retails Goods, Packaging, and Others) and By Sales Channels ( Online and Offline) |
| Regional Scope | Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
| Report Coverage | Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
| Key Players Covered in the Report | VERY DENNISON CORPORATION, Advanced Cable Ties, Inc., HellermannTyton, 3M, Essentra Private Limited., Acme Seals Group of Companies, and CABLECRAFT. |
Cable Ties Market Segmental Insights
In terms of types, the global cable ties market is segmented into releasable, non-releasable, push mount, beaded, rising hole, identification, heat stabilized, and others. Releasable cable ties are reusable and are used for any wire and cable bundling needs that require changes in the future. They are known as reusable cable ties and reusable zip ties and are ideal for use in homes or offices.
On the basis of materials, the market is classified into nylon, metallic, polypropylene, tefzel, stainless steel, and others. Nylon is the most common material for cable ties. It is a tough material that offers good abrasion and thermal resistance. It has the capability to resist fuels and most chemicals. Nylon 6/6 is used in cable ties, as it meets UL94 V-2 flammability ratings and offers a working temperature range from -40°F to 185°F.
Based on applications, the global cable ties market is segmented into electronic communication, electricals, building and construction, automobile, agriculture, retails goods, packaging, and others. The building and construction segment employs the usage of building materials such as cement and sand. Nylon cable ties or zipper ties are used to seal the packets of building material to prevent spillage. Electronics used in construction such as drilling machine and flooring machine use cable ties to prevent damage of electrical wires.
In terms of sales channels, the market is divided into online and offline segments. Online retail of cable ties creates lucrative opportunities for players to showcase their products through company websites or shopping websites. Customers easily order the desired products with hassle-free payment gateways and delivery.
Emergence of pandemic period increased the demand for online purchases as social distancing and sanitization protocols need not be followed during online purchase of cable ties. All these factors foster the growth of the online segment during the forecast period.
Cable Ties Market Regional Outlook
On the basis of regions, the Cable Ties market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for a significant share of the market in 2020 and the market in Asia Pacific is anticipated to expand at a substantial CAGR during the forecast period. The cable ties market is growing in North America, owing to increasing investments in innovations for cable ties in the region.
China accounts for a significant market share, due to increasing demand for cable ties in industrial equipment and automotive applications, which in turn, drives the market in Asia Pacific. Rising number of cable tie manufacturers in North America and increasing technological advancements are expected to fuel the cable ties market in this region.
Key Benefits for Industry Participants & Stakeholders
- In-depth analysis of the global Cable Ties market
- Historical, current and projected market size in terms of value (USD million), volume (tons)
- Potential & niche segments and regions exhibiting promising growth covered
- Industry drivers, restraints and opportunities covered in the study
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Neutral perspective on global Cable Ties market performance
Segments
By Types
- Releasable
- Non-releasable
- Push Mount
- Beaded
- Rising Hole
- Identification
- Heat Stabilized
- Others
By Materials
- Nylon
- Metallic
- Polypropylene
- Tefzel
- Stainless Steel
- Others
By Applications
- Electronic Communication
- Electricals
- Building and Construction
- Automobile
- Agriculture
- Retails Goods
- Packaging
- Others
By Sales Channels
- Online
- Offline
By Regions
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Europe
- Germany
- France
- Italy
- U.K.
- Spain
- Russia
- Rest of the Europe
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- GCC
- Turkey
- South Africa
- Rest of Middle East & Africa
Key Market Players Profiled in the Report
- AVERY DENNISON CORPORATION
- Advanced Cable Ties, Inc.
- HellermannTyton
- 3M
- Essentra Private Limited.
- Acme Seals Group of Companies
- CABLECRAFT
Competitive Landscape
- Prominent manufacturers operating in Cable Ties market include AVERY DENNISON CORPORATION, Advanced Cable Ties, Inc., HellermannTyton, 3M, Essentra Private Limited., Acme Seals Group of Companies, and CABLECRAFT.
- These companies are considered as key manufacturers of Cable Ties based on their revenue, research & development (R&D) activities, regional presence, and supply chain management system.
Video Summary for Cable Ties Market
Table Of Content
Chapter 1 Executive SummaryChapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cable Ties Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cable Ties Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cable Ties Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cable Ties Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cable Ties Market Size & Forecast, 2018-2028
4.5.1 Cable Ties Market Size and Y-o-Y Growth
4.5.2 Cable Ties Market Absolute $ Opportunity
4.6 Cable Ties Impact of Key Regulations
4.7 Patent Analysis of Cable Ties
Chapter 5 Global Cable Ties Market Analysis and Forecast By Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Type
5.1.2 Basis Point Share (BPS) Analysis By Type
5.1.3 Absolute $ Opportunity Assessment By Type
5.2 Cable Ties Market Size Forecast By Type
5.2.1 Releasable
5.2.2 Non-Releasable
5.2.3 Push Mount
5.2.4 Beaded
5.2.5 Rising Hole
5.2.6 Identification
5.2.7 Heat Stabilized
5.2.8 Others
5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Cable Ties Market Analysis and Forecast By Material
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Material
6.1.2 Basis Point Share (BPS) Analysis By Material
6.1.3 Absolute $ Opportunity Assessment By Material
6.2 Cable Ties Market Size Forecast By Material
6.2.1 Nylon
6.2.2 Metallic
6.2.3 Polypropylene
6.2.4 Tefzel
6.2.5 Stainless Steel
6.2.6 Others
6.3 Market Attractiveness Analysis By Material
Chapter 7 Global Cable Ties Market Analysis and Forecast By Application
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities By Application
7.1.2 Basis Point Share (BPS) Analysis By Application
7.1.3 Absolute $ Opportunity Assessment By Application
7.2 Cable Ties Market Size Forecast By Application
7.2.1 Electronic Communication
7.2.2 Electricals
7.2.3 Building and Construction Application
7.2.4 Automobile
7.2.5 Agriculture
7.2.6 Retails Goods
7.2.7 Packaging
7.2.8 Others
7.3 Market Attractiveness Analysis By Application
Chapter 8 Global Cable Ties Market Analysis and Forecast By Sales Channel
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities By Sales Channel
8.1.2 Basis Point Share (BPS) Analysis By Sales Channel
8.1.3 Absolute $ Opportunity Assessment By Sales Channel
8.2 Cable Ties Market Size Forecast By Sales Channel
8.2.1 Online
8.2.2 Offline
8.3 Market Attractiveness Analysis By Sales Channel
Chapter 9 Global Cable Ties Market Analysis and Forecast by Region
9.1 Introduction
9.1.1 Key Market Trends & Growth Opportunities by Region
9.1.2 Basis Point Share (BPS) Analysis by Region
9.1.3 Absolute $ Opportunity Assessment by Region
9.2 Cable Ties Market Size Forecast by Region
9.2.1 North America
9.2.2 Europe
9.2.3 Asia Pacific
9.2.4 Latin America
9.2.5 Middle East & Africa (MEA)
9.3 Market Attractiveness Analysis by Region
Chapter 10 Coronavirus Disease (COVID-19) Impact
10.1 Introduction
10.2 Current & Future Impact Analysis
10.3 Economic Impact Analysis
10.4 Government Policies
10.5 Investment Scenario
Chapter 11 North America Cable Ties Analysis and Forecast
11.1 Introduction
11.2 North America Cable Ties Market Size Forecast by Country
11.2.1 U.S.
11.2.2 Canada
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 North America Cable Ties Market Size Forecast By Type
11.6.1 Releasable
11.6.2 Non-Releasable
11.6.3 Push Mount
11.6.4 Beaded
11.6.5 Rising Hole
11.6.6 Identification
11.6.7 Heat Stabilized
11.6.8 Others
11.7 Basis Point Share (BPS) Analysis By Type
11.8 Absolute $ Opportunity Assessment By Type
11.9 Market Attractiveness Analysis By Type
11.10 North America Cable Ties Market Size Forecast By Material
11.10.1 Nylon
11.10.2 Metallic
11.10.3 Polypropylene
11.10.4 Tefzel
11.10.5 Stainless Steel
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis By Material
11.12 Absolute $ Opportunity Assessment By Material
11.13 Market Attractiveness Analysis By Material
11.14 North America Cable Ties Market Size Forecast By Application
11.14.1 Electronic Communication
11.14.2 Electricals
11.14.3 Building and Construction Application
11.14.4 Automobile
11.14.5 Agriculture
11.14.6 Retails Goods
11.14.7 Packaging
11.14.8 Others
11.15 Basis Point Share (BPS) Analysis By Application
11.16 Absolute $ Opportunity Assessment By Application
11.17 Market Attractiveness Analysis By Application
11.18 North America Cable Ties Market Size Forecast By Sales Channel
11.18.1 Online
11.18.2 Offline
11.19 Basis Point Share (BPS) Analysis By Sales Channel
11.20 Absolute $ Opportunity Assessment By Sales Channel
11.21 Market Attractiveness Analysis By Sales Channel
Chapter 12 Europe Cable Ties Analysis and Forecast
12.1 Introduction
12.2 Europe Cable Ties Market Size Forecast by Country
12.2.1 Germany
12.2.2 France
12.2.3 Italy
12.2.4 U.K.
12.2.5 Spain
12.2.6 Russia
12.2.7 Rest of Europe
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Europe Cable Ties Market Size Forecast By Type
12.6.1 Releasable
12.6.2 Non-Releasable
12.6.3 Push Mount
12.6.4 Beaded
12.6.5 Rising Hole
12.6.6 Identification
12.6.7 Heat Stabilized
12.6.8 Others
12.7 Basis Point Share (BPS) Analysis By Type
12.8 Absolute $ Opportunity Assessment By Type
12.9 Market Attractiveness Analysis By Type
12.10 Europe Cable Ties Market Size Forecast By Material
12.10.1 Nylon
12.10.2 Metallic
12.10.3 Polypropylene
12.10.4 Tefzel
12.10.5 Stainless Steel
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis By Material
12.12 Absolute $ Opportunity Assessment By Material
12.13 Market Attractiveness Analysis By Material
12.14 Europe Cable Ties Market Size Forecast By Application
12.14.1 Electronic Communication
12.14.2 Electricals
12.14.3 Building and Construction Application
12.14.4 Automobile
12.14.5 Agriculture
12.14.6 Retails Goods
12.14.7 Packaging
12.14.8 Others
12.15 Basis Point Share (BPS) Analysis By Application
12.16 Absolute $ Opportunity Assessment By Application
12.17 Market Attractiveness Analysis By Application
12.18 Europe Cable Ties Market Size Forecast By Sales Channel
12.18.1 Online
12.18.2 Offline
12.19 Basis Point Share (BPS) Analysis By Sales Channel
12.20 Absolute $ Opportunity Assessment By Sales Channel
12.21 Market Attractiveness Analysis By Sales Channel
Chapter 13 Asia Pacific Cable Ties Analysis and Forecast
13.1 Introduction
13.2 Asia Pacific Cable Ties Market Size Forecast by Country
13.2.1 China
13.2.2 Japan
13.2.3 South Korea
13.2.4 India
13.2.5 Australia
13.2.6 South East Asia (SEA)
13.2.7 Rest of Asia Pacific (APAC)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Asia Pacific Cable Ties Market Size Forecast By Type
13.6.1 Releasable
13.6.2 Non-Releasable
13.6.3 Push Mount
13.6.4 Beaded
13.6.5 Rising Hole
13.6.6 Identification
13.6.7 Heat Stabilized
13.6.8 Others
13.7 Basis Point Share (BPS) Analysis By Type
13.8 Absolute $ Opportunity Assessment By Type
13.9 Market Attractiveness Analysis By Type
13.10 Asia Pacific Cable Ties Market Size Forecast By Material
13.10.1 Nylon
13.10.2 Metallic
13.10.3 Polypropylene
13.10.4 Tefzel
13.10.5 Stainless Steel
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis By Material
13.12 Absolute $ Opportunity Assessment By Material
13.13 Market Attractiveness Analysis By Material
13.14 Asia Pacific Cable Ties Market Size Forecast By Application
13.14.1 Electronic Communication
13.14.2 Electricals
13.14.3 Building and Construction Application
13.14.4 Automobile
13.14.5 Agriculture
13.14.6 Retails Goods
13.14.7 Packaging
13.14.8 Others
13.15 Basis Point Share (BPS) Analysis By Application
13.16 Absolute $ Opportunity Assessment By Application
13.17 Market Attractiveness Analysis By Application
13.18 Asia Pacific Cable Ties Market Size Forecast By Sales Channel
13.18.1 Online
13.18.2 Offline
13.19 Basis Point Share (BPS) Analysis By Sales Channel
13.20 Absolute $ Opportunity Assessment By Sales Channel
13.21 Market Attractiveness Analysis By Sales Channel
Chapter 14 Latin America Cable Ties Analysis and Forecast
14.1 Introduction
14.2 Latin America Cable Ties Market Size Forecast by Country
14.2.1 Brazil
14.2.2 Mexico
14.2.3 Rest of Latin America (LATAM)
14.3 Basis Point Share (BPS) Analysis by Country
14.4 Absolute $ Opportunity Assessment by Country
14.5 Market Attractiveness Analysis by Country
14.6 Latin America Cable Ties Market Size Forecast By Type
14.6.1 Releasable
14.6.2 Non-Releasable
14.6.3 Push Mount
14.6.4 Beaded
14.6.5 Rising Hole
14.6.6 Identification
14.6.7 Heat Stabilized
14.6.8 Others
14.7 Basis Point Share (BPS) Analysis By Type
14.8 Absolute $ Opportunity Assessment By Type
14.9 Market Attractiveness Analysis By Type
14.10 Latin America Cable Ties Market Size Forecast By Material
14.10.1 Nylon
14.10.2 Metallic
14.10.3 Polypropylene
14.10.4 Tefzel
14.10.5 Stainless Steel
14.10.6 Others
14.11 Basis Point Share (BPS) Analysis By Material
14.12 Absolute $ Opportunity Assessment By Material
14.13 Market Attractiveness Analysis By Material
14.14 Latin America Cable Ties Market Size Forecast By Application
14.14.1 Electronic Communication
14.14.2 Electricals
14.14.3 Building and Construction Application
14.14.4 Automobile
14.14.5 Agriculture
14.14.6 Retails Goods
14.14.7 Packaging
14.14.8 Others
14.15 Basis Point Share (BPS) Analysis By Application
14.16 Absolute $ Opportunity Assessment By Application
14.17 Market Attractiveness Analysis By Application
14.18 Latin America Cable Ties Market Size Forecast By Sales Channel
14.18.1 Online
14.18.2 Offline
14.19 Basis Point Share (BPS) Analysis By Sales Channel
14.20 Absolute $ Opportunity Assessment By Sales Channel
14.21 Market Attractiveness Analysis By Sales Channel
Chapter 15 Middle East & Africa (MEA) Cable Ties Analysis and Forecast
15.1 Introduction
15.2 Middle East & Africa (MEA) Cable Ties Market Size Forecast by Country
15.2.1 Saudi Arabia
15.2.2 South Africa
15.2.3 UAE
15.2.4 Rest of Middle East & Africa (MEA)
15.3 Basis Point Share (BPS) Analysis by Country
15.4 Absolute $ Opportunity Assessment by Country
15.5 Market Attractiveness Analysis by Country
15.6 Middle East & Africa (MEA) Cable Ties Market Size Forecast By Type
15.6.1 Releasable
15.6.2 Non-Releasable
15.6.3 Push Mount
15.6.4 Beaded
15.6.5 Rising Hole
15.6.6 Identification
15.6.7 Heat Stabilized
15.6.8 Others
15.7 Basis Point Share (BPS) Analysis By Type
15.8 Absolute $ Opportunity Assessment By Type
15.9 Market Attractiveness Analysis By Type
15.10 Middle East & Africa (MEA) Cable Ties Market Size Forecast By Material
15.10.1 Nylon
15.10.2 Metallic
15.10.3 Polypropylene
15.10.4 Tefzel
15.10.5 Stainless Steel
15.10.6 Others
15.11 Basis Point Share (BPS) Analysis By Material
15.12 Absolute $ Opportunity Assessment By Material
15.13 Market Attractiveness Analysis By Material
15.14 Middle East & Africa (MEA) Cable Ties Market Size Forecast By Application
15.14.1 Electronic Communication
15.14.2 Electricals
15.14.3 Building and Construction Application
15.14.4 Automobile
15.14.5 Agriculture
15.14.6 Retails Goods
15.14.7 Packaging
15.14.8 Others
15.15 Basis Point Share (BPS) Analysis By Application
15.16 Absolute $ Opportunity Assessment By Application
15.17 Market Attractiveness Analysis By Application
15.18 Middle East & Africa (MEA) Cable Ties Market Size Forecast By Sales Channel
15.18.1 Online
15.18.2 Offline
15.19 Basis Point Share (BPS) Analysis By Sales Channel
15.20 Absolute $ Opportunity Assessment By Sales Channel
15.21 Market Attractiveness Analysis By Sales Channel
Chapter 16 Competition Landscape
16.1 Cable Ties Market: Competitive Dashboard
16.2 Global Cable Ties Market: Market Share Analysis, 2020
16.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
16.3.1 3M
16.3.2 Advanced Cable Ties, Inc.
16.3.3 Essentra Private Limited
16.3.4 Acme Seals Group of Companies
16.3.5 CABLECRAFT
16.3.6 AVERY DENNISON CORPORATION
16.3.7 BAND-IT
16.3.8 HellermannTyton
16.3.9 Novoflex
16.3.10 Surelock Plastics Pvt Ltd
Methodology
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