Cable Ties Market Analysis, Share, Industry & Revenue [2031]
Global Cable Ties Market
Segments - 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
Segments - 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
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
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.
Chapter 1 Executive Summary Chapter 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
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