Global industrial fasteners market: growth drivers

During the forecast period of 2023-2033, the global industrial fasteners market is expected to reach an estimated value of US$ 120b (€116b) by 2033 by expanding at a Compound Annual Growth Rate (CAGR) of 5%. The market further generated a revenue of US$ 80b (¤77.5b) in the year 2022.

Major key factors propelling the growth of industrial fasteners market worldwide are the growing medical industry and growing need of medical equipment including ventilators, monitoring devices, respiratory devices and others.

The growth of the global industrial fasteners market can majorly be attributed to the collaboration and acquisition taking place among the prominent players of the market. The market growth can also be attributed to higher demand of automobiles worldwide. From April 2021 to March 2022, a total of 22,900,200 vehicles were produced, compared to 22,650,600 units from April 2020 to April 2021. (Including passenger vehicles, commercial vehicles, three wheelers, two wheelers, and quadricycles).

Read more: www.digitaljournal.com/pr/industrial-fasteners-market-to-expand-at-a-cagr-of-5-assessment-for-the-driving-factors-size-revenue-segments-expansion-demand-and-opportunities-during-2023-2033#ixzz7kKPTsybE

You’d be NUTS to go anywhere else!

Tucks Fasteners and Fixings offer ETA approved fixings where appropriate and their products are offered in a variety of innovative display options including boxed, loose stock in drop down bins with bespoke customer labels and their recent introduction of Forgefix trade bags. All options are colour coded to help your customer ‘shop the shop’ and locate the products they need efficiently and effectively. All orders received before 10.00 am from Dublin will be delivered the same day – now that’s what they call service! All country orders received before 4.00pm will be despatched same day for delivery throughout the 32 counties. Orders can be placed through their B2B site www.tucksfasteners.ie, direct with your sales representative or by signing up to their innovative Vendor Managed Inventory (VMI) program. All of this is backed up with some of the most knowledgeable & friendly staff in the business. You’d be NUTS to go anywhere else!

For more information please contact, Tucks Fasteners & Fixings, Unit 10, Century Business Park, St. Margaret’s Road, Finglas, Dublin 11 tel. +353 1 884 5100, fax +353 1 864 8344, sales@tucksfasteners.ie, www.tucksfasteners.ie.

John Murphy (Castlerea) – A one stop shop

John Murphy (Castlerea) Ltd offer a one stop shop specialising in Fasteners and Fixings and also servicing customers with several other branded categories. These include Heller Drill Bits, Alphachem wood preserver, wire netting, builders metal work, abrasives, chain & rope, tee hinges, gate hangers, toilet seats, hand tools, algae remover, garden accessories and tools along with other hardware items.

They have worked hard over the past year on their supply chain. Anti-Dumping legislation which imposed duty of 86.5% on certain fixings from China, has been one of the big challenges. While it still remains in place they have protected their customers from much of the impact of the duty and they are starting to see more stability coming into the supply chain generally.

The company are currently working on various innovative storage solutions for their customers. This particularly applies where space is tight and customers want to maximise the sales value of the space they have.

Within the Allgrip Fasteners and Fixings range the company offer a full range of wire nails and staples.

These are sold in 1kg, 2.5kg, 5 kg and 20kg formats. The larger sizes are now sold in tubs with handles which makes it more convenient for customers.

Heller Range

Their Heller Range has stock of over 1,000 items including Drill bits, chisels, cutting blades and diamond discs. German quality gives this range an extra edge in the mind of consumers. John Murphy (Castlerea) Ltd are currently offering special deals for new stand installations in stores and these planograms can be tailored to suit individual store requirements.

Tools & Wire Netting

John Murphy (Castlerea) Ltd also offer in store stands to support the display of their Allgrip Tools and Wire Netting ranges. The wire netting range includes galvanised and PVC coated welded mesh and galvanised wire netting and tying wire.

Allgrip tools cover Agri, Construction and Garden sectors. Allgrip planograns are now offered on tee hinges, padbolts and gate hanger ranges.

In addition to Allgrip, John Murphy (Castlerea) Ltd also represent several other leading brands. These include Paslode, Senco, Thorsmann, Plasplugs, RapierStar Screws, Conmetall, PC Henderson, AllinOne Algae remover, Don Quichotee Steel Nails, Thunderbolts, Bonus Bags, Unifix, Cromar/Alphachem, Barretine, Exitex, Sigma, Flexovit and Mikalor Hose Clips.

All enquiries can be sent to your local sales representative or emailed directly to info@jmcallgrip.ie. John Murphy (Castlerea) Ltd wish all of their customers a Happy Christmas and successful New Year.