Japan Construction Anchors Market Size & Outlook, 2023-2030
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- Construction Anchors Market Outlook
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Japan construction anchors market highlights
- The Japan construction anchors market generated a revenue of USD 114.5 million in 2023 and is expected to reach USD 146.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 3.5% from 2024 to 2030.
- In terms of segment, mechanical was the largest revenue generating product in 2023.
- Chemical is the most lucrative product segment registering the fastest growth during the forecast period.
Construction anchors market data book summary
| Market revenue in 2023 | USD 114.5 million |
| Market revenue in 2030 | USD 146.0 million |
| Growth rate | 3.5% (CAGR from 2023 to 2030) |
| Largest segment | Mechanical |
| Fastest growing segment | Chemical |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hangers, Mechanical, Chemical, Nail-in, Wall, Others (drywall plugs, drywall screws, and insulation anchors) |
| Key market players worldwide | Hilti Group, Stanley Black & Decker, Illinois Tool Works Inc, Wurth Group, Fischer Group of Companies, MKT Fastening LLC, SFS Group AG, Friulsider, Ceas, Sika AG |
Other key industry trends
- In terms of revenue, Japan accounted for 3.8% of the global construction anchors market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China construction anchors market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 133.4 million by 2030.
The construction industry in Japan has witnessed significant growth in the past few years owing to industrial development taking place in the country, coupled with the growth of its economy. The construction of commercial and residential buildings together accounted for a major share of the overall construction activities taking place in Japan.
The adoption of new tooling and construction technologies has surged the demand for improved building materials in the country, thereby leading to the consumption of construction anchors. Japan, which is already a developed country in terms of infrastructure and housing, is focusing on other industries such as automotive that use mechanical anchors.
Moreover, the country has a few local concentrated construction anchor manufacturing facilities. Thus, the growth of the market for construction anchors in Japan is highly dependent on their exports and imports.
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Publish Date: Aug 16, 2024
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Construction Anchors Market Scope
Construction Anchors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Stanley Black & Decker | View profile | 50,500 | 1000 Stanley Drive, New Britain, CT, United States, 06053 | www.stanleyblackanddecker.com |
| Illinois Tool Works Inc | View profile | 45,000 | 155 Harlem Avenue, Glenview, IL, United States, 60025 | www.itw.com |
| Sika AG | View profile | 33,547 | Zugerstrasse 50, Baar, Switzerland, 6340 | www.sika.com |
| SFS Group AG | View profile | 13,198 | Rosenbergsaustrasse 8, Heerbrugg, Switzerland, 9435 | www.sfs.com |
| Hilti Group | View profile | 10001+ | Schaan, Schaan, Liechtenstein, Europe | www.hilti.group/content/hilti/CP/XX/en.html |
| MKT Fastening LLC | View profile | 11-50 | Lonoke, Arkansas, United States, North America | www.mktfastening.com/ |
| Wurth Group | View profile | 10001+ | Künzelsau, Baden-Wurttemberg, Germany, Europe | www.wuerth.de/web/de/awkg/kontakt/kontakt.php |
| Fischer Group of Companies | View profile | 251-500 | Germany, Georgia, United States, North America | www.fischer.group/en/ |
| Friulsider | View profile | 101-250 | San Giovanni Al Natisone, Friuli-Venezia Giulia, Italy, Europe | www.friulsider.com |
| Ceas | View profile | 11-50 | Milano, Lombardia, Italy, Europe | www.ceas.it |
Japan Construction Anchors Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Construction Anchors Market Outlook will help companies and investors design strategic landscapes.
Mechanical was the largest segment with a revenue share of 45.94% in 2023.
Horizon Databook has segmented the Japan construction anchors market based on hangers, mechanical, chemical, nail-in, wall, others (drywall plugs, drywall screws, and insulation anchors) covering the revenue growth of each sub-segment from 2018 to 2030.
The construction industry in Japan has witnessed significant growth in the past few years owing to industrial development taking place in the country, coupled with the growth of its economy. The construction of commercial and residential buildings together accounted for a major share of the overall construction activities taking place in Japan.
The adoption of new tooling and construction technologies has surged the demand for improved building materials in the country, thereby leading to the consumption of construction anchors. Japan, which is already a developed country in terms of infrastructure and housing, is focusing on other industries such as automotive that use mechanical anchors.
Moreover, the country has a few local concentrated construction anchor manufacturing facilities. Thus, the growth of the market for construction anchors in Japan is highly dependent on their exports and imports.
- Japan Construction Anchors Market Product Outlook (Revenue, USD Million , 2018-2030)
- Hangers
- Mechanical
- Chemical
- Nail-in
- Wall
- Others (drywall plugs, drywall screws, and insulation anchors)
- Japan Construction Anchors Market Material Type Outlook (Revenue, USD Million , 2018-2030)
- Stainless Steel
- Carbon Steel
- Others
- Japan Construction Anchors Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Residential
- Commercial
- Industrial
- Infrastructural
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan Construction Anchors Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Construction Anchors Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Japan Construction Anchors Market, 2018-2030 (US$M)
Japan construction anchors market statistics, by product, 2018-2030 (US$M)
