Global Plastic Cable Ties Market Growth 2023-2029

Global Plastic Cable Ties Market Growth 2023-2029

A cable tie (also known as a hose tie, zip tie, or by the brand name Ty-Rap) is a type of fastener, for holding items together, primarily electrical cables, and wires. Because of their low cost, ease of use, and binding strength, cable ties are ubiquitous, finding use in a wide range of other applications. The common cable tie, normally made of nylon, has a flexible tape section with teeth that engage with a pawl in the head to form a ratchet so that as the free end of the tape section is pulled the cable tie tightens and does not come undone.
LPI (LP Information)' newest research report, the “Plastic Cable Ties Industry Forecast” looks at past sales and reviews total world Plastic Cable Ties sales in 2022, providing a comprehensive analysis by region and market sector of projected Plastic Cable Ties sales for 2023 through 2029. With Plastic Cable Ties sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Plastic Cable Ties industry.
This Insight Report provides a comprehensive analysis of the global Plastic Cable Ties landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Plastic Cable Ties portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Plastic Cable Ties market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Plastic Cable Ties and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Plastic Cable Ties.
The global Plastic Cable Ties market size is projected to grow from US$ 1386 million in 2022 to US$ 1627.8 million in 2029; it is expected to grow at a CAGR of 1627.8 from 2023 to 2029.
Global major companies profiled in the plastic cable ties market include Hua Wei, HellermannTyton, Changhong Plastics Group, etc. Global top 5 companies account for nearly 35% of the market share.
Europe and the China are likely to offer good prospects, both have a share over 60%.
In terms of product, PA66 cable tie is the largest segment, with a share over 80%. And in terms of application, the largest application is electronic, followed by home appliances, automobile, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Plastic Cable Ties market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
PA66 Cable Tie
PA6 Cable Tie
PA12 Cable Tie
PA46 Cable Tie
PP Cable Tie
PE Cable Tie
PTFE Cable Tie
Segmentation by application
Electronic
Home Appliances
Automobile
Logistics
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
HellermannTyton
Thomas & Betts
Hua Wei
Changhong Plastics Group
Panduit
Longhua Daily
Hont Electrical
American Elite Moulding
Igoto Electric
Shanghai Xinlong Plastic
Advanced Cable Ties
KSS
Avery Dennison
Yongda Plastic
SapiSelco
Yueqing Huada Plastic
YY Cable Accessories
Yueqing Xinguang
Fengfan Electrical
Novoflex
HuoJu Plastic
Yueqing Zhengde Plastic
Yueqing Yu Tai Plastic
KST
Cabac
YueQing ZhongYe Plastics

Key Questions Addressed in this Report
What is the 10-year outlook for the global Plastic Cable Ties market?
What factors are driving Plastic Cable Ties market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Plastic Cable Ties market opportunities vary by end market size?
How does Plastic Cable Ties break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.