The Fasteners Market size was estimated at USD 62.00 billion in 2022 and expected to reach USD 65.33 billion in 2023, at a CAGR 5.79% to reach USD 97.30 billion by 2030.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Fasteners Market.
Based on Raw Material, market is studied across Metal and Plastic. The Metal commanded largest market share of 75.97% in 2022, followed by Plastic.
Based on Commodity, market is studied across Bolts, Nuts, and Screws. The Screws commanded largest market share of 39.46% in 2022, followed by Bolts.
Based on Product, market is studied across Aerospace Grade, Externally Threaded, Internally Threaded, Medical Grade, and Non-Threaded. The Externally Threaded commanded largest market share of 33.35% in 2022, followed by Internally Threaded.
Based on Application, market is studied across Aerospace, Automotive, Building & Construction, Furniture, Home Appliances, Industrial Machinery, Lawn & Garden, Motors & Pumps, and Plumbing Products. The Industrial Machinery commanded largest market share of 2.89% in 2022, followed by Aerospace.
Based on Distribution Channel, market is studied across Offline and Online. The Offline commanded largest market share of 93.86% in 2022, followed by Online.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 38.72% in 2022, followed by Europe, Middle East & Africa.
Market Statistics:
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Fasteners Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Fasteners Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Fasteners Market, highlighting leading vendors and their innovative profiles. These include Asia Bolts Industries LLC, ATF Inc., Birmingham Fastener & Supply, Inc., Boltun Corporation, Ltd., Bufab Group, CDP Fastener Group, Inc., DE FASTENERS INC., Dokka Fasteners AS, Hilti Corporation, Ho-Ho-Kus, Inc., Kaloti Group, Kamax Holding GmbH & Co. KG, KOVA Fasteners Pvt Ltd., LISI Group, Meidoh Co., Ltd., MW Industries, Inc., Nifco Inc., Sesco Industries Inc., Simmonds Marshall Limited, Stanley Black & Decker, Inc., The Boeing Company, TriMas Corporation, and Usha Fasteners.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players’ market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
- What is the market size and forecast for the Fasteners Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Fasteners Market?
- What is the competitive strategic window for identifying opportunities in the Fasteners Market?
- What are the latest technology trends and regulatory frameworks in the Fasteners Market?
- What is the market share of the leading vendors in the Fasteners Market?
- Which modes and strategic moves are suitable for entering the Fasteners Market?