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.
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.
Additional benefits you will get with this purchase are:
- Quarterly Update and* (only available with a corporate license, on listed price)
- 5 additional Company Profile of client Choice pre- or Post-purchase, as a free update.
- Free Upcoming Version on the Purchase of Five and Enterprise User License.
- 16 analyst hours of support* (post-purchase, if you find additional data requirements upon review of the report, you may receive support amounting to 16 analyst hours to solve questions, and post-sale queries)
- 15% Free Customization* (in case the scope or segment of the report does not match your requirements, 15% is equivalent to 3 working days of free work, applicable once)
- Free data Pack on the Five and Enterprise User License. (Excel version of the report)
- Free Updated report if the report is 6-12 months old or older.
- 24-hour priority response*
- Free Industry updates and white papers.
Possible Customization with this report (with additional cost and timeline, please talk to the sales executive to know more)
- 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
- U.S.
- Canada
- Mexico
- 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
Please note:
- Online Access price format is valid for 60 days access. Printing is not enabled.
- PDF Single and Enterprise price formats enable printing.
Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: CABLE TIES MARKET, BY MATERIAL TYPE
CHAPTER 5: CABLE TIES MARKET, BY PRODUCT TYPE
CHAPTER 6: CABLE TIES MARKET, BY END-USE INDUSTRY
CHAPTER 7: CABLE TIES MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, the cable ties market was valued at $1.4 billion in 2022, and is estimated to reach $2.5 billion by 2032, growing at a CAGR of 6.4% from 2023 to 2032.Cable ties, also known as zip ties or wire ties, are fasteners commonly used for bundling and organizing cables, wires, hoses, and other objects. They are widely employed in various industries and applications for securing and managing wires and cables. able ties are typically made of nylon, which is known for its durability, resistance to moisture, and electrical insulation properties. Some cable ties are also available in other materials like stainless steel for specialized applications. They have a strap with small, serrated teeth on one side and a locking mechanism (usually a small, rectangular head) on the other side. The strap is threaded through the head, and the teeth grip it securely in place.
Cable ties are widely used in the building and construction industry for tying applications. Nylon cable ties are primarily utilized for connecting cables in industrial and commercial sectors. These ties are used to open and shut rapidly, thereby allowing consumers to easily add or remove wires on cables and cords in homes, workplaces, studios, and other construction sites. The cable ties withstand extreme environments and secure scaffolding. These ties are majorly used to attach netting to scaffold poles in order to attach safety and advertising signs as well as inhibit debris from spilling out onto the street. Further, cable ties are used in the maintenance and repair of buildings and other stationary structures. Consequently, rapid growth of the building and construction industry coupled with increasing demand for cable ties from the industry is bolstering their demand globally.
Unlike endless conveyor splicing, conveyor belt lacing will show signs of wear, allowing users to schedule downtime for repairing the belt before it malfunctions. Conveyor belt lacing is commonly used in package handling, warehousing, assembly, manufacturing, and distribution applications. Hence, availability of substitutes for cable ties is expected to hinder the growth of the cable ties market. The cable ties market is segmented into material type, product type, end-use industry, and region. By product type, the market is categorized into nylon, stainless steel, and others. On the basis of product type, the market is classified into releasable cable ties, ball lock cable ties, and ladder cable ties. On the basis of end-use industry, the market is fragmented into automotive, electronics & electrical, consumer goods, building & construction, marine, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
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 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.
The report offers a thorough analysis of Cable ties Market with detailed study of various aspects of the market such as market dynamics, vital segments, major geographies, key players, and competitive landscape. The report provides a clear picture of the current market situation and future trends of the Cable ties Market based on the impact of various market dynamics and vital forces influencing the market. The drivers and opportunities in the market contributing to the market growth are acknowledged in the market dynamics. Besides, challenges and restraints that hold potential to hamper the market growth are also premeditated in the Cable ties Market. Porter's five forces analysis is delivered through the report which precisely highlights the effects of key forces on the Cable ties Market. The report offers market size and estimations analyzing Cable ties Market through various segments.
In addition, the report includes geographical market analysis of these segments. Each segment entailed in the report is studied at regional and country level as well to provide complete coverage of Cable ties Market. The report categorizes the Cable ties Market into four major geographies including North America, Europe, Asia-Pacific, and LAMEA. These geographies are further sub-categorized into countries to cover Cable ties Market scenario across in respective regions. Furthermore, the report covers competitive scenario of the Cable ties Market. The key players operating in the Cable ties Market are studied in the report to understand their current market position and competitive strengths in the industry. The report profiles 10 key companies. Moreover, the company profiles include various data-points such as company overview, company executives, recent financials of the company, major growth strategies espoused by company, new initiatives and advancements by company to sustain and mend their position in the Cable ties Market, and others.
Companies Mentioned
- 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
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
LOADING...
