Global Collated Screws Market is valued at approximately USD 482.8 million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.3% over the forecast period 2022-2029. Collated Screw is a type of standard screw that is encased in a piece of plastic collating tape. These screws are used to link two or more materials together that come in a variety of diameters and lengths. Collated screws are manufactured with different materials including brass, steel, aluminum, and plastic. The increasing expenditure on construction and remodeling activities, growing disposable income, coupled with rising demand from the home office furniture sector due to ongoing urbanization are the primary factors that are fueling the market demand across the globe.

The rapid expansion of the furniture market is directly associated with the demand of collated screws in the global market. Collated screws are adopted to assemble furniture parts of ready-to-assemble furniture. the increasing demand for home office furniture because of changes in working and living habits. According to Statista, the global furniture market generated a revenue of USD 654.20 billion in 2022 with a CAGR of 6.58% during 2022-2026. Also, it is projected that the furniture market rapidly grows and reach USD 845.97 billion. Accordingly, the high usage of various furniture items in homes and commercial buildings is augmenting the growth of the market. Moreover, the presence of many construction projects in developing countries, as well as an increasing number of strategic initiatives by the key market players are presenting various lucrative opportunities over the forecasting years. However, the high usage of pressure-sensitive adhesive tapes in walls and ceilings is hindering the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Collated Screws Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Europe dominated the market in terms of revenue, owing to the well-established construction and furniture industries, along with the rising renovation and refurbishment activities. Whereas, the Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as the increasing investments from governments and foreign investors, emerging economies, and the presence of a key manufacturers in countries such as South Korea, India, China, and Japan in the market space.

Major market players included in this report are:

Triangle Fastener Corporation

Taiwan Screws Dept.

Simpson Strong-Tie

KYOCERA SENCO

Mahabali Steel

Zen-Young Industrial Co., Ltd.

Hilti Inc.

Muro North America Inc.

Grabber Construction Products

Metabo HTP

Recent Developments in the Market:

In April 2021, Simpson Strong-Tie announced the introduction of the company's new 19mm collated flooring screw. The product enables floor fitters that are adopt for the greater holding power of screws with the collated MTHZ19E underlayment screw.
Global Collated Screws Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Product, Application, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Collated Drywall Screws

Collated Chipboard Screws

Collated Self-Drilling Screws

Collated Sub-Floor Screws

Collated Deck Screws

By Application:

Construction

Furniture

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World