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The Australia & New Zealand Nylon Cable Ties Market by Type (Nylon 6, Nylon 6,6, and Others) and Application (Electronics & Electrical, Building & Construction, Automotive, Agriculture, Consumer Goods, Industrial, and Others): Country Opportunity Analysis and Industry Forecast, 2020–2027

A11308
Pages: 136
May 2021 | 293 Views
 
Author(s) : Saurabh Dixit, Rutuja Danekar , Eswara Prasad
Tables: 53
Charts: 51
 

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Australia & New Zealand Nylon Cable Ties Market Outlook - 2020–2027

The Australia & New Zealand nylon cable ties market size was valued at $10.7 million in 2019, and is projected to reach $18.7 million by 2027, growing at a CAGR of 8.7% from 2020 to 2027.

The COVID-19 outbreak has impacted negatively on the Australia & New Zealand Nylon Cable Ties market, owing to the decrease in demand for electronics & electrical products such as cables & wires, and halted building & construction activities.

Cable ties are referred to as wire ties, zap straps, and hose ties, which are a type of fastener used for holding cables together. A tie manufactured using nylon 6 or nylon 6,6 is known as a nylon cable tie. These cable ties are available in two types, which include single use cable ties and reusable cable ties, based on the nature of the application. Nylon cable ties exhibit properties such as high tensile strength, temperature compatibility up to 140 °C, and high level of toughness.

Australia-&-New-Zealand-Nylon-Cable-Ties-Market-Market

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The growth of the Australia & New Zealand nylon cable ties market is driven by rise in utilization of nylon cable ties in the diverse applications. In addition, rapid growth of the retail industry and increase in adoption of nylon cable ties fuel the Australia & New Zealand nylon cable ties market growth. However, unstable crude oil prices linked with regulation on single use of plastic is the key factor restraining the market growth in the upcoming years. On the contrary, penetration of small players and limited entry barriers are expected to create lucrative opportunity for the key players in the nylon cable ties market.

For the purpose of analysis, the Australia & New Zealand nylon cable ties market is segmented into type and application. The study highlights various types of nylon cable ties available in the market such as nylon 6, nylon 6,6, and others. The applications covered in the study include electronics & electrical, building & construction, automotive, agriculture, consumer goods, industrial, and others.

The key players operating in the Australia & New Zealand nylon cable ties market are ABB, Ltd., Aero Manufacturing Australia Pty. Ltd, APTIV PLC, Electrocomponents plc, Essentra plc, MATelec Australia, NPA PTY LTD, PINPAK, Sunlec International Pty. Ltd., and 3M.

These key players are adopting various strategies such as product launch and partnership to stay competitive in the nylon cable ties market.

For instance, HellermannTyton (a subsidiary of Aptiv PLC) developed Innovative Blind Hole Mount Cable Ties for threaded & non-threaded holes. It was designed to accelerate the bundling and affixing of wire bundles and cables for manufacturers. The new mounting system eliminates extra hardware versus traditional screw mounts. This product launch strengthened the product portfolio of the company.

Other players operating in the Australia & New Zealand nylon cable ties market are LAPP Australia, DKSH, Advanced Cable Ties, Inc., Panduit, and others.

The Australia & New Zealand nylon cable ties market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2020–2027. The report includes the study of the Australia & New Zealand nylon cable ties market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

Australia & New Zealand Nylon cable ties market, by type

By type, the nylon 6 segment held the largest Australia & New Zealand nylon cable ties market share in 2019. This is attributed to increase in demand for nylon 6 cable ties for bundling, packaging, animal identification, and other applications in the region. In addition, nylon 6 cable ties are least expensive; therefore, consumers mostly purchase mass quantity of this cable ties type, which in turn is anticipated to increase the demand for nylon 6 cable ties during the analyzed time frame.

The Australia & New Zealand Nylon Cable Ties Market
By Type

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Nylon 6 is projected as the most lucrative segment.

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Australia & New Zealand Nylon cable ties market, by application

By application, the electronics & electrical segment dominated the highest share in the Australia & New Zealand nylon cable ties market in 2019, and is expected to maintain the same during the forecast period. This is attributed to increase in electronics & electrical production, rise in demand for high-end as well as advanced electronics products, and increased adoption in data centers. In addition, rise in building and construction of offices, residential buildings, hotels, and others is expected to drive the demand for cables and wires, which in turn is anticipated to fuel the growth of the nylon cable ties market during the analyzed time frame.

The Australia & New Zealand Nylon Cable Ties Market
By Application

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Electronics & Electrical holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.

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COVID-19 impact on the market

Lockdown imposed due to the outbreak of the COVID-19 pandemic has resulted in temporary ban on the import and export; thereby, disrupting the supply chain and hampering the nylon cable ties market growth in the second, third, and fourth quarter of 2020. However, the market is expected to recover in the late year or by the first quarter of 2021 as the production in various industries begins.

Key Benefits For Stakeholders

  • The report includes in-depth analysis of different segments and provides Australia & Nylon cable ties market estimations between 2020 and 2027.
  • A comprehensive Australia & New Zealand nylon cable ties market analysis of the factors that drive and restrict the growth of the market is provided.
  • Porter’s five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
  • Estimations and Australia & New Zealand nylon cable ties market forecast are based on factors impacting the growth, in terms of value.
  • Key market players are profiled to gain an understanding of the strategies adopted by them.
  • This report provides a detailed analysis of the current Australia & New Zealand nylon cable ties market trends and future estimations from 2020 to 2027, which helps identify the prevailing market opportunities.

Key Market Segments

By Type

  • Nylon 6
  • Nylon 6,6
  • Others

By Application

  • Electronics & Electrical
  • Building & Construction
  • Automotive
  • Agriculture
  • Consumer Goods
  • Industrial
  • Others
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings
2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Porter’s five forces analysis
3.3.Market dynamics

3.3.1.Drivers

3.3.1.1.Diverse application area of nylon cable ties
3.3.1.2.Increase in adoption in the retail industry

3.3.2.Restraint

3.3.2.1.Unstable crude oil prices linked with regulation on plastic use

3.3.3.Opportunity

3.3.3.1.Penetration of small-scale players and limited entry barriers

3.4.Patent analysis (2013-2020)

3.4.1.Patent analysis by country

3.5.Impact of government rules and regulations

3.5.1.Regulations on single-use plastic

3.6.Pricing analysis, USD/Pack of 100
3.7.Top investment pockets
3.8.Value chain analysis
3.9.Impact of COVID-19 outbreak on the market
3.10.Channel Structure Analysis (Retail Vs. Construction) & Market Share Analysis

3.10.1.Supplier Shares
3.10.2.DIY vs Trade

3.11.Volumetric Analysis, by Packaging (Below 100, 100 Packs, 101-500 Packs, Above 500 Packs)
3.12.Analysis by packaging
3.13.Market split by thickness

CHAPTER 4:AUSTRALIA & NEW ZEALAND NYLON CABLE TIES MARKET, BY TYPE

4.1.Overview

4.1.1.Market size and forecast, by type

4.2.Nylon 6

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, 2019-2027 ($Thousand)

4.3.Nylon 6,6

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, 2019-2027 ($Thousand)

4.4.Others

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, 2019-2027 ($Thousand)

CHAPTER 5:NYLON CABLE TIES MARKET, BY APPLICATION

5.1.Overview

5.1.1.Market size and forecast, by application

5.2.Electronics & electrical

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, 2019-2027 ($Thousand)

5.3.Building & construction

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, 2019-2027 ($Thousand)

5.4.Automotive

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, 2019-2027 ($Thousand)

5.5.Agriculture

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, 2019-2027 ($Thousand)

5.6.Consumer goods

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, 2019-2027 ($Thousand)

5.7.Industrial

5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, 2019-2027 ($Thousand)

5.8.Others

5.8.1.Key market trends, growth factors, and opportunities
5.8.2.Market size and forecast, 2019-2027 ($Thousand)

CHAPTER 6:NYLON CABLE TIES MARKET, BY REGION

6.1.Overview

6.1.1.Market size and forecast, by country

6.2.Australia

6.2.1.Market size and forecast, by type
6.2.2.Market size and forecast, by application

6.3.New Zealand

6.3.1.Market size and forecast, by type
6.3.2.Market size and forecast, by application

CHAPTER 7:COMPETITIVE LANDSCAPE

7.1.Introduction

7.1.1.Market player positioning, 2020

7.2.Competitive heatmap
7.3.Product mapping of top 10 player
7.4.Top winning strategies

7.4.1.Top winning strategies, by year
7.4.2.Top winning strategies, by development
7.4.3.Top winning strategies, by company

CHAPTER 8:COMPANY PROFILES

8.1.ABB, LTD.

8.1.1.Company overview
8.1.2.Key executive
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.R&D expenditure
8.1.7.Business performance
8.1.8.Key strategic moves and developments

8.2.AERO MANUFACTURING AUSTRALIA PTY. LTD

8.2.1.Company overview
8.2.2.Key executive
8.2.3.Company snapshot
8.2.4.Product Portfolio

8.3.APTIV PLC

8.3.1.Company overview
8.3.2.Key executive
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.3.6.R&D expenditure
8.3.7.Business performance
8.3.8.Key strategic moves and developments

8.4.ELECTROCOMPONENTS PLC

8.4.1.Company overview
8.4.2.Key executive
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.Business performance

8.5.ESSENTRA PLC

8.5.1.Company overview
8.5.2.Key executive
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.5.6.Business performance

8.6.MATELEC AUSTRALIA

8.6.1.Company overview
8.6.2.Key executive
8.6.3.Company snapshot
8.6.4.Product portfolio

8.7.NPA PTY LTD

8.7.1.Company overview
8.7.2.Key executive
8.7.3.Company snapshot
8.7.4.Product portfolio

8.8.PINPAK

8.8.1.Company overview
8.8.2.Key executive
8.8.3.Company snapshot
8.8.4.Product portfolio

8.9.SUNLEC INTERNATIONAL PTY. LTD.

8.9.1.Company overview
8.9.2.Key executive
8.9.3.Company snapshot
8.9.4.Product portfolio

8.10.3M

8.10.1.Company overview
8.10.2.Key executive
8.10.3.Company snapshot
8.10.4.Operating business segments
8.10.5.Product portfolio
8.10.6.R&D expenditure
8.10.7.Business performance
8.10.8.Key strategic moves and developments

LIST OF TABLES

TABLE 01.AUSTRALIA & NEW ZEALAND NYLON CABLE TIES MARKET, BY TYPE 2019–2027 ($THOUSAND)
TABLE 02.AUSTRALIA & NEW ZEALAND NYLON CABLE TIES MARKET, BY APPLICATION 2019–2027 ($THOUSAND)
TABLE 03.AUSTRALIA & NEW ZEALAND NYLON CABLE TIES MARKET, BY COUNTRY 2019–2027 ($THOUSAND)
TABLE 04.AUSTRALIA NYLON CABLE TIES MARKET, BY TYPE 2019–2027 ($THOUSAND)
TABLE 05.AUSTRALIA NYLON CABLE TIES MARKET, BY APPLICATION 2019–2027 ($THOUSAND)
TABLE 06.NEW ZEALAND NYLON CABLE TIES MARKET, BY TYPE 2019–2027 ($THOUSAND)
TABLE 07.NEW ZEALAND NYLON CABLE TIES MARKET, BY APPLICATION 2019–2027 ($THOUSAND)
TABLE 08.ABB: KEY EXECUTIVES
TABLE 09.ABB: COMPANY SNAPSHOT
TABLE 10.ABB: OPERATING SEGMENTS
TABLE 11.ABB: PRODUCT PORTFOLIO
TABLE 12.ABB: R&D EXPENDITURE, 2018–2020 ($THOUSAND)
TABLE 13.ABB: NET SALES, 2018–2020 ($THOUSAND)
TABLE 14.ABB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 15.AERO MANUFACTURING: KEY EXECUTIVES
TABLE 16.AERO MANUFACTURING: COMPANY SNAPSHOT
TABLE 17.AERO MANUFACTURING: PRODUCT PORTFOLIO
TABLE 18.APTIV PLC: KEY EXECUTIVES
TABLE 19.APTIV PLC: COMPANY SNAPSHOT
TABLE 20.APTIV PLC: OPERATING SEGMENTS
TABLE 21.APTIV PLC: PRODUCT PORTFOLIO
TABLE 22.APTIV PLC: R&D EXPENDITURE, 2018–2020 ($THOUSAND)
TABLE 23.APTIV PLC: NET SALES, 2018–2020 ($THOUSAND)
TABLE 24.APTIV PLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 25.ELECTROCOMPONENTS: KEY EXECUTIVES
TABLE 26.ELECTROCOMPONENTS: COMPANY SNAPSHOT
TABLE 27.ELECTROCOMPONENTS: OPERATING SEGMENTS
TABLE 28.ELECTROCOMPONENTS: PRODUCT PORTFOLIO
TABLE 29.ELECTROCOMPONENTS: NET SALES, 2018–2020 ($THOUSAND)
TABLE 30.ESSENTRA: KEY EXECUTIVES
TABLE 31.ESSENTRA: COMPANY SNAPSHOT
TABLE 32.ESSENTRA: OPERATING SEGMENTS
TABLE 33.ESSENTRA: PRODUCT PORTFOLIO
TABLE 34.ESSENTRA: NET SALES, 2018–2020($THOUSAND)
TABLE 35.MATELEC AUSTRALIA: KEY EXECUTIVES
TABLE 36.MATELEC AUSTRALIA: COMPANY SNAPSHOT
TABLE 37.MATELEC AUSTRALIA: PRODUCT PORTFOLIO
TABLE 38.NPA PTY LTD: KEY EXECUTIVES
TABLE 39.NPA PTY LTD: COMPANY SNAPSHOT
TABLE 40.NPA PTY LTD: PRODUCT PORTFOLIO
TABLE 41.PINPAK: KEY EXECUTIVES
TABLE 42.PINPAK: COMPANY SNAPSHOT
TABLE 43.PINPAK: PRODUCT PORTFOLIO
TABLE 44.SUNLEC: KEY EXECUTIVES
TABLE 45.SUNLEC: COMPANY SNAPSHOT
TABLE 46.SUNLEC: PRODUCT PORTFOLIO
TABLE 47.3M: KEY EXECUTIVES
TABLE 48.3M: COMPANY SNAPSHOT
TABLE 49.3M: OPERATING SEGMENTS
TABLE 50.3M: PRODUCT PORTFOLIO
TABLE 51.3M: R&D EXPENDITURE, 2018–2020 ($THOUSAND)
TABLE 52.3M: NET SALES, 2018–2020 ($THOUSAND)
TABLE 53.3M: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 03.MODERATE BARGAINING POWER OF BUYERS
FIGURE 04.MODERATE THREAT OF NEW ENTRANTS
FIGURE 05.MODERATE THREAT OF SUBSTITUTES
FIGURE 06.MODERATE INTENSITY OF COMPETITIVE RIVALRY
FIGURE 07.NYLON CABLE TIES MARKET DYNAMICS
FIGURE 08.PATENT ANALYSIS, BY COUNTRY
FIGURE 09.PRICING ANALYSIS, USD/PACK OF 100
FIGURE 10.TOP INVESTMENT POCKETS
FIGURE 11.VALUE CHAIN ANALYSIS
FIGURE 12.SUPPLIER SHARES
FIGURE 13.DIY VS TRADE
FIGURE 14.VOLUMETRIC ANALYSIS, BY PACKAGING
FIGURE 15.MARKET SPLIT BY THICKNESS
FIGURE 16.AUSTRALIA & NEW ZEALAND NYLON CABLE TIES MARKET REVENUE, BY TYPE ($THOUSAND)
FIGURE 17.NYLON 6 CABLE TIES MARKET, 2019-2027 ($THOUSAND)
FIGURE 18.NYLON 6,6 CABLE TIES MARKET, 2019-2027 ($THOUSAND)
FIGURE 19.NYLON CABLE TIES MARKET FOR OTHERS, 2019-2027 ($THOUSAND)
FIGURE 20.AUSTRALIA & NEW ZEALAND NYLON CABLE TIES MARKET REVENUE, BY TYPE ($THOUSAND)
FIGURE 21.NYLON CABLE TIES MARKET FOR ELECTRONICS & ELECTRICAL, 2019-2027 ($THOUSAND)
FIGURE 22.NYLON CABLE TIES MARKET FOR BUILDING & CONSTRUCTION, 2019-2027 ($THOUSAND)
FIGURE 23.NYLON CABLE TIES MARKET FOR AUTOMOTIVE, 2019-2027 ($THOUSAND)
FIGURE 24.NYLON CABLE TIES MARKET FOR AGRICULTURE, 2019-2027 ($THOUSAND)
FIGURE 25.NYLON CABLE TIES MARKET FOR CONSUMER GOODS, 2019-2027 ($THOUSAND)
FIGURE 26.NYLON CABLE TIES MARKET FOR INDUSTRIAL, 2019-2027 ($THOUSAND)
FIGURE 27.NYLON CABLE TIES MARKET FOR OTHERS, 2019-2027 ($THOUSAND)
FIGURE 28.MARKET PLAYER POSITIONING, 2020
FIGURE 29.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 30.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 31.TOP WINNING STRATEGIES, BY YEAR, 2017–2020
FIGURE 32.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017–2020 (%)
FIGURE 33.TOP WINNING STRATEGIES, BY COMPANY, 2017–2020
FIGURE 34.ABB: R&D EXPENDITURE, 2018–2020 ($THOUSAND)
FIGURE 35.ABB: NET SALES, 2018–2020 ($THOUSAND)
FIGURE 36.ABB: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 37.ABB: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 38.APTIV PLC: R&D EXPENDITURE, 2018–2020 ($THOUSAND)
FIGURE 39.APTIV PLC: NET SALES, 2018–2020 ($THOUSAND)
FIGURE 40.APTIV PLC: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 41.APTIV PLC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 42.ELECTROCOMPONENTS: NET SALES, 2018–2020 ($THOUSAND)
FIGURE 43.ELECTROCOMPONENTS: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 44.ELECTROCOMPONENTS: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 45.ESSENTRA: NET SALES, 2018–2020 ($THOUSAND)
FIGURE 46.ESSENTRA: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 47.ESSENTRA: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 48.3M: R&D EXPENDITURE, 2018–2020 ($THOUSAND)
FIGURE 49.3M: NET SALES, 2018–2020 ($THOUSAND)
FIGURE 50.3M: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51.3M: REVENUE SHARE BY REGION, 2020 (%)

 
 

According to the CXOs of leading companies, the nylon cable ties market is very dynamic in nature, which represents immense growth potential for the upcoming years in the Australia and New Zealand region. Nylon cable ties are very easy and convenient to use, which adds real-life value in regular practices in a large range of industries. For instance, in electronics industries, it is used to tie cables together inside the electronics products that prevent short circuits and damaging of products. This activity helps in space utilization in electronics products by preventing further complications. Therefore, nylon cable ties are gaining tremendous popularity across the countries analyzed in the study.

Increase in application of nylon cable ties due to its easy use drives the growth of the market for the next 5-8 years. There are other cable ties available in the market, including steel cable ties, metal detachable ties, and plastic cable ties; among all, nylon cable ties are highly preferred due to its cost-effective and reusable nature. Considering this, the nylon cable ties market is anticipated to witness the penetration of new industry participants during the next five years to tap growth opportunities through new product innovation.

Among the analyzed countries, Australia is expected to account for the highest revenue in the nylon cable ties market throughout the forecast period. In addition, Australia registered the highest CAGR of 8.9% and is expected to maintain the same during the forecast period, owing to huge consumer base and presence of key players in the country.
 

 
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FREQUENTLY ASKED QUESTIONS?
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A. In terms of revenue growth, the CAGR of the Australia & New Zealand nylon cable ties market is 8.7% by 2027.

A. Diverse application area of nylon cable ties and adoption of nylon cable ties in the retail industry are expected to be the key trends in the Australia & New Zealand nylon cable ties market.

A. The potential customers of the Australia & New Zealand nylon cable ties market are electronics & electrical, building & construction, automotive, retail & wholesale stores, and others.

A. On the basis of type, nylon 6 segment will drive the Australia & New Zealand nylon cable ties market growth during the forecast period. On the basis of application, electronics & electrical segment will drive the growth of the Australia & New Zealand nylon cable ties market.

A. The applications of the Australia & New Zealand nylon cable ties market are in construction, electrical wiring, automotive wiring, packaging, and others.

A. Top players in the Australia & New Zealand nylon cable ties market are ABB, Ltd., Aero Manufacturing Australia Pty. Ltd, APTIV PLC, Electrocomponents plc, Essentra plc, MATelec Australia, NPA PTY LTD, PINPAK, Sunlec International Pty. Ltd., and 3M

A. In terms of revenue, the market size of the Australia & New Zealand nylon cable ties market is anticipated to reach $18.7 million by 2027, growing at CAGR of 8.7% from 2020 to 2027.

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