According to Stratistics MRC, the Global Staple Gun Market is accounted for $2.25 billion in 2023 and is expected to reach $3.61 billion by 2030 growing at a CAGR of 7.0% during the forecast period.
A staple gun is a handheld tool designed for fastening materials together using staples. It typically operates by compressing a spring-loaded mechanism to forcefully eject a metal staple through the materials being joined. Staple guns come in various types and sizes, including manual, electric, and pneumatic models. They are commonly used in construction, upholstery, carpentry, and crafting projects. Staple guns offer a quick and efficient way to secure fabrics, wood, plastic, and other materials with ease. Their versatility and ease of use make them indispensable tools for both professional tradespeople and DIY enthusiasts alike.
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The Asia-Pacific region has witnessed significant growth in the staple gun market due to rapid industrialization and infrastructure development across countries like China, India, and Southeast Asian nations. Moreover, the burgeoning DIY (do-it-yourself) culture and increasing adoption of power tools among hobbyists and professionals have further propelled market growth. The expansion of e-commerce platforms has made staple guns more accessible to consumers in remote areas, boosting market penetration. Government initiatives aimed at promoting construction activities and enhancing manufacturing capabilities have also contributed to the region’s staple gun market expansion.
Some of the key players in Staple Gun market include Apach Tools, Arrow Fastener, Bostitch, King Manufacturing, Kyocera Corporation, Max USA Corp, PneuTools, Rexel, Senco Brands Inc, Stanley Black Decker, Staplex Company and Tacwise.
Key Developments:
In April 2024, Stanley Black & Decker has finalized the sale of its STANLEY Infrastructure division to Epiroc AB, a deal valued at $760 million in cash. The transaction is part of the company’s strategy to streamline its portfolio and focus on core businesses. The sale to Epiroc, a leading productivity partner for the mining and infrastructure industries, is expected to bolster Stanley Black & Decker’s financial position by reducing its debt.
In March 2024, Kyocera Corporation released its new 5814 Series, a 0.3mm pitch Board-to-Board connector contributing to the miniaturization and expanding functionality of devices with its compact size. This connector achieves industry-leading narrow pitch and compact dimensions, with a stacking height of 0.6mm and width of 1.5mm, and is designed to prevent damage during connector mating operations through its unique metal fitting structure.
What our report offers:
– Market share assessments for the regional and country-level segments
– Strategic recommendations for the new entrants
– Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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