Europe Structural Wood Screws Market Size & Outlook
Europe structural wood screws market, 2018-2030 (US$M)
Related Markets
Europe structural wood screws market highlights
- The Europe structural wood screws market generated a revenue of USD 1,849.8 million in 2023.
- The market is expected to grow at a CAGR of 3.7% from 2024 to 2030.
- In terms of segment, stainless steel was the largest revenue generating type in 2023.
- Carbon Steel is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Ireland is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,849.8 million |
| Market revenue in 2030 | USD 2,384.6 million |
| Growth rate | 3.7% (CAGR from 2023 to 2030) |
| Largest segment | Stainless steel |
| Fastest growing segment | Carbon Steel |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| 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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 42.3% of the global structural wood screws market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 308.5 million by 2030.
Stainless steel was the largest segment with a revenue share of 80.05% in 2023. Horizon Databook has segmented the Europe structural wood screws market based on carbon steel, stainless steel covering the revenue growth of each sub-segment from 2018 to 2030.
The region has well-established construction and furniture industries owing to the presence of extensive investors. According to the European Commission, the economy of the region highly depends on its construction industry. In 2021, according to Construction Europe, the total revenue generated by top construction companies in Europe was USD 46.53 trillion.
The region has footprints of various construction companies such as Saipem, Balfour Beatty, Strabag, Hochtief, Bouygues, ACS, and Vinci. This is expected to drive the growth of the construction industry in Europe, thereby fueling the growth of structural wood screws market in the region.
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Structural Wood Screws Market Scope
Structural Wood Screws Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe structural wood screws market size, by country, 2018-2030 (US$M)
Europe Structural Wood Screws Market Outlook Share, 2023 & 2030 (US$M)
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