Apr 27, 2022, 06:57 EST
Shibuya-ku, Tokyo, Japan, Japan, Apr 27, 2022, 06:57 /Comserve / -- In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Industrial Nailers and Staplers Market Report.
The global Industrial nailers and staplers market by revenue is expected to grow at a CAGR of 4.14% during the period 2022–2031.
Rapid urbanization driven by an exponentially increasig population increases urban housing requirements, speeding up the demand for industrial nailers and staplers. NiCd, NiMH, and Li-ion are some of the most common batteries widely used in cordless nailers and staplers. North America held the highest industrial nailer and stapler market share in 2020, followed by APAC and Europe. North America’s industrial nailers and staplers market is expected to generate a significant incremental revenue during the forecast period.
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The following factors are likely to contribute to the growth of the global Industrial nailers and staplers during the forecast period:
• Rising Prominence of Asian Manufacturing
• Energy Efficient Motor Technology
• Increase in Construction Industry
• Usage of Industrial Nailer & Stapler Products in DIY Activities
• Advances in Li-ion Batteries Drives Cordless Nailer & Stapler Market
• Based on the product type, nailers accounted for the highest revenue generated during the forecast period.
• The rise in manual labor cost and increase in home improvement activities, and DIY(doing things for themselves) culture have surged the demand for user-friendly tools.
• The construction and the automotive industries are the primary drivers of the industrial nailers and staplers market.
THE INDUSTRIAL NAILERS AND STAPLERS MARKET SEGMENTATION
This research report includes a detailed segmentation by
• Product Type
• By Operation
• The market for industrial staplers is estimated to witness significant growth during the forecast period. The increasing demand for staplers in the packaging industry will drive the global stapler market.
• The industrial stapler segment accounted for a significant market share in terms of revenue and is expected to witness high absolute growth in terms of revenue by the end of 2026.
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Market Segmentation by Product
Market Segmentation by Operation
Market Segmentation by End Users
• Wood Working
• The rise in the economic, industrial sector growth and demand for tools have contributed to the industrial nailer and stapler market growth.
• North America is the most significant industrial nailer and stapler market
• The major markets for industrial nailers and staplers include the UK, Germany, Italy, Spain, and France.
The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.
For more information, please contact:Lauren Brown
Shibuya Data Count
Tel: + 81 50 50509159
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