Market Overview:
The global wire clips market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for wire clips in residential, commercial, and industrial applications. In terms of type, the plastic material segment is expected to lead the global wire clips market during the forecast period. This can be attributed to its properties such as corrosion resistance and lightweight. In terms of application, the commercial segment is projected to lead the global wire clips market during 2018-2030 owing to its growing demand from various industries such as automotive, electrical & electronics, and construction.
Product Definition:
A wire clip is a small metal or plastic clip that is used to hold two pieces of wire together. Wire clips are often used in electrical wiring, and they can also be used to hold cables together.
Plastic Material:
Plastic material is a generic name for all synthetic or artificial materials, which are derived from the petrochemical industry. The plastic wire clips market is driven by factors such as growing urbanization and rapid industrialization in emerging economies of Asia Pacific region. In addition, increasing demand for these products due to their durability & flexibility and easy availability across various retail channels has also contributed significantly towards market growth over the past few years.
Aluminum Material:
Aluminum is a silvery-white metal that is strong, lightweight and has the highest melting point of any metal. It is also the most abundant element in the earth's crust. Aluminum has 30% less density than steel but 50% more strength making it ideal for use in products where weight and strength are important factors.
Application Insights:
The global wire clips market has been segmented on the basis of application into residential, commercial and industrial. The residential application segment accounted for a major share in 2016. This is attributed to rising construction activities in emerging economies such as China, India and Brazil. In addition, rapid urbanization coupled with increasing consumer spending on home improvement is expected to drive demand for metal clips over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030. The regional market is driven by rapid urbanization and industrialization in countries such as China, India, Indonesia, Vietnam and Thailand among others. In addition, rising construction activities due to growing population are anticipated to drive the product demand over the forecast period.
Europe was valued at USD X billion in 2017 owing to high demand for decorative wires used in residential applications such as home d©cor and kitchenware among others across Germany, U.K.
Growth Factors:
- Increasing demand from automotive and electrical industries for wire clips as an efficient fastening solution.
- Growing popularity of wire clips as a versatile DIY tool for home improvement projects.
- Rising demand for customized wire clips to meet specific application requirements.
- Technological advancements in clip manufacturing process that improve the overall quality and performance of wire clips products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wire Clips Market Research Report
By Type
Plastic Material, Aluminum Material, Steel Material, Others Material
By Application
Residential, Commercial, Industrial
By Companies
Panduit, Crosby, HellermannTyton, 3M, Minerallac, S.R. Electronics (Exotica), Peterson Spring, Schneider, Novoflex, KMC, Panduit, AnL Spring Manufacturing, WCL, Saren Engineering, Nvent (Erico), Donguan Tianheng, Beijing Shuanglongsheng Cable Bridge Making
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Wire Clips Market Report Segments:
The global Wire Clips market is segmented on the basis of:
Types
Plastic Material, Aluminum Material, Steel Material, Others Material
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Panduit
- Crosby
- HellermannTyton
- 3M
- Minerallac
- S.R. Electronics (Exotica)
- Peterson Spring
- Schneider
- Novoflex
- KMC
- Panduit
- AnL Spring Manufacturing
- WCL
- Saren Engineering
- Nvent (Erico)
- Donguan Tianheng
- Beijing Shuanglongsheng Cable Bridge Making
Highlights of The Wire Clips Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plastic Material
- Aluminum Material
- Steel Material
- Others Material
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wire Clips Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wire clips are a type of fastener that is made from thin metal wire. They are used to hold pieces of paper or other materials together.
Some of the key players operating in the wire clips market are Panduit, Crosby, HellermannTyton, 3M, Minerallac, S.R. Electronics (Exotica), Peterson Spring, Schneider, Novoflex, KMC, Panduit, AnL Spring Manufacturing, WCL, Saren Engineering, Nvent (Erico), Donguan Tianheng, Beijing Shuanglongsheng Cable Bridge Making.
The wire clips market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wire Clips 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 Wire Clips Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wire Clips 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 Wire Clips 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 Wire Clips Market Size & Forecast, 2018-2028
4.5.1 Wire Clips Market Size and Y-o-Y Growth
4.5.2 Wire Clips Market Absolute $ Opportunity
Chapter 5 Global Wire Clips 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 Wire Clips Market Size Forecast by Type
5.2.1 Plastic Material
5.2.2 Aluminum Material
5.2.3 Steel Material
5.2.4 Others Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wire Clips Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wire Clips Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wire Clips Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wire Clips Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wire Clips Analysis and Forecast
9.1 Introduction
9.2 North America Wire Clips Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wire Clips Market Size Forecast by Type
9.6.1 Plastic Material
9.6.2 Aluminum Material
9.6.3 Steel Material
9.6.4 Others Material
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wire Clips Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wire Clips Analysis and Forecast
10.1 Introduction
10.2 Europe Wire Clips Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wire Clips Market Size Forecast by Type
10.6.1 Plastic Material
10.6.2 Aluminum Material
10.6.3 Steel Material
10.6.4 Others Material
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wire Clips Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wire Clips Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wire Clips Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
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 Asia Pacific Wire Clips Market Size Forecast by Type
11.6.1 Plastic Material
11.6.2 Aluminum Material
11.6.3 Steel Material
11.6.4 Others Material
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 Asia Pacific Wire Clips Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wire Clips Analysis and Forecast
12.1 Introduction
12.2 Latin America Wire Clips Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
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 Latin America Wire Clips Market Size Forecast by Type
12.6.1 Plastic Material
12.6.2 Aluminum Material
12.6.3 Steel Material
12.6.4 Others Material
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 Latin America Wire Clips Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wire Clips Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wire Clips Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
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 Middle East & Africa (MEA) Wire Clips Market Size Forecast by Type
13.6.1 Plastic Material
13.6.2 Aluminum Material
13.6.3 Steel Material
13.6.4 Others Material
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 Middle East & Africa (MEA) Wire Clips Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wire Clips Market: Competitive Dashboard
14.2 Global Wire Clips Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panduit
14.3.2 Crosby
14.3.3 HellermannTyton
14.3.4 3M
14.3.5 Minerallac
14.3.6 S.R. Electronics (Exotica)
14.3.7 Peterson Spring
14.3.8 Schneider
14.3.9 Novoflex
14.3.10 KMC
14.3.11 Panduit
14.3.12 AnL Spring Manufacturing
14.3.13 WCL
14.3.14 Saren Engineering
14.3.15 Nvent (Erico)
14.3.16 Donguan Tianheng
14.3.17 Beijing Shuanglongsheng Cable Bridge Making
