Colombia Structural Wood Screws Market Size & Outlook
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Colombia structural wood screws market highlights
- The Colombia structural wood screws market generated a revenue of USD 28.3 million in 2024 and is expected to reach USD 44.6 million by 2033.
- The Colombia market is expected to grow at a CAGR of 5.3% from 2025 to 2033.
- In terms of segment, stainless steel was the largest revenue generating type in 2024.
- Carbon Steel is the most lucrative type segment registering the fastest growth during the forecast period.
Structural wood screws market data book summary
| Market revenue in 2024 | USD 28.3 million |
| Market revenue in 2033 | USD 44.6 million |
| Growth rate | 5.3% (CAGR from 2025 to 2033) |
| Largest segment | Stainless steel |
| Fastest growing segment | Carbon Steel |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Carbon Steel, Stainless Steel |
| Key market players worldwide | SFS Group AG, Simpson Manufacturing Co Inc, Eurotech Ltd, Illinois Tool Works Inc, Kyocera Corp, SPAX International, Grip-Rite, Simpson Strong-Tie Company, Rothoblaas, GRK Fasteners, MiTek, Hillman, TR Fastenings, Forch, Dresselhaus, Friulsider, Kreg Tool Company, FastCAP, Wurth |
Other key industry trends
- In terms of revenue, Colombia accounted for 0.6% of the global structural wood screws market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Latin America, Brazil structural wood screws market is projected to lead the regional market in terms of revenue in 2033.
- Colombia is the fastest growing regional market in Latin America and is projected to reach USD 44.6 million by 2033.
Stainless steel was the largest segment with a revenue share of 75.97% in 2024. Horizon Databook has segmented the Colombia structural wood screws market based on carbon steel, stainless steel covering the revenue growth of each sub-segment from 2021 to 2033.
According to Trade Economics, the GDP of Colombia is expected to grow at a significant rate in the coming years and is anticipated to reach USD 343.03 billion and USD 353.32 billion by 2023 and 2024, respectively. The contribution of the construction industry to the GDP of the country was more in the third quarter of 2022 than in the second quarter of 2022.
Thus, increasing construction activities in Colombia are expected to fuel the demand for structural wood screws market in the country during the forecast period. The furniture industry in the country is also witnessing significant growth from 2022 to 2030, especially in the wood furniture segment. According to Notifix, wooden furniture exports from Colombia stood at USD 12.1 million registering a growth of 49.4% in March 2021 compared with exports from the country witnessed in March 2020.
Structural wood screws are popularly used in the manufacturing of wooden furniture and structures as they eliminate predrilling requirements, thereby preventing damage to the wood used in these furniture and structures. Thus, a rise in furniture manufacturing activities is projected to push the growth of structural wood screws market in Colombia during the forecast period.
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Structural Wood Screws Market Scope
Structural Wood Screws Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| MiTek | View profile | 5001-10000 | Chesterfield, Missouri, United States, North America | http://www.mitek-us.com/ |
| Wurth | View profile | 501-1000 | Kent, Kent, United Kingdom, Europe | https://eshop.wurth.co.uk/ |
| FastCAP | View profile | 11-50 | Boston, Massachusetts, United States, North America | https://www.fastcapultracapacitors.com |
| Kreg Tool Company | View profile | 101-250 | Huxley, Iowa, United States, North America | http://kregtool.com |
| Friulsider | View profile | 101-250 | San Giovanni Al Natisone, Friuli-Venezia Giulia, Italy, Europe | https://www.friulsider.com |
| Dresselhaus | View profile | 501-1000 | Herford, Nordrhein-Westfalen, Germany, Europe | https://www.dresselhaus.de/ |
| Forch | View profile | 1001-5000 | Neuenstadt, Baden-Wurttemberg, Germany, Europe | https://www.foerch.de/ |
| TR Fastenings | View profile | 1001-5000 | Uckfield, East Sussex, United Kingdom, Europe | https://trfastenings.com |
| Hillman | View profile | 1001-5000 | Cincinnati, Ohio, United States, North America | http://www.hillmangroup.com |
| GRK Fasteners | View profile | 11-50 | Thunder Bay, Ontario, Canada, North America | https://grkfasteners.com |
| Rothoblaas | View profile | 251-500 | Cortaccia, Trentino-Alto Adige, Italy, Europe | https://www.rothoblaas.com/ |
| Grip-Rite | View profile | 501-1000 | Irving, Texas, United States, North America | https://grip-rite.com |
| SPAX International | View profile | 51-100 | Ennepetal, Nordrhein-Westfalen, Germany, Europe | http://www.spax.com/en/ |
| Simpson Strong-Tie Company | View profile | 1001-5000 | Pleasanton, California, United States, North America | https://www.strongtie.com |
| Eurotech Ltd | View profile | 7 | 10306 Eaton Place, Suite 220, Fairfax, VA, United States, 22030 | http://www.eurotechltd.com |
| Kyocera Corp | View profile | 81209 | 6, Takeda Tobadono-cho, Fushimi-ku, Kyoto, Japan, 612-8501 | http://www.kyocera.co.jp |
| SFS Group AG | View profile | 13198 | Rosenbergsaustrasse 8, Heerbrugg, Switzerland, 9435 | https://www.sfs.com |
| Simpson Manufacturing Co Inc | View profile | 5497 | 5956 W. Las Positas Boulevard, Pleasanton, CA, United States, 94588 | https://www.simpsonmfg.com |
| Illinois Tool Works Inc | View profile | 45000 | 155 Harlem Avenue, Glenview, IL, United States, 60025 | https://www.itw.com |
Colombia structural wood screws market size, by type, 2021-2033 (US$M)
Colombia Structural Wood Screws Market Outlook Share, 2024 & 2033 (US$M)
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