Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Wire Binder Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.5% during the review period (2022 to 2027).
Wire Binder Market Overview
Demand for Wire Binder will witness enduring demand from the industries for the commercial bookbinder. These materials, also known as twin loop wire, wire-o, double loop wire, double-o, ring wire, and wire bind, are frequently used in commercial bookbinding. The machine is made up of a variety of parts, including wire closers, punching machines, close-and-punch machines, and accessories.
The commonly used binding method from the binder machine is of the 3:1 pitch (3 holes per inch) pattern. More binding types, such as those with 4.8 mm and 14 mm in diameter, are offered in this market area. Another segment with a 2:1 pitch (2 holes per inch) and a style that is available for 16 mm to 32 mm is used for the larger diameter. For the 2:1 pitch (2 holes per inch) market, some manufacturers create custom-sized designs. Some comb-wire binders are made to be able to bind up to 19 loop wires simultaneously. These 19 loops, often referred to as Spiral-O Wire, are made to work with the plastic comb binding mechanism.
Who are the Major Players in Wire Binder Market?
The global Wire Binder includes Comet, GBC, DELI, Fellowers, DSB, RENZ, Leitz, Swingline, JINTU, Huanda, MandG, Akiles, Tamerica, Rhin-O-Tuff, James Burn International
Recent Developments:
CNC-machining with diamond-tipped Real-Z3 shank cutters from Leitz
March 1, 2021 -Abrasive materials, sensitive surfaces, series production or batch size 1 production – numerous users of modern CNC machining centres face a wide variety of challenges every day when sizing and grooving panel materials or nesting. However, they all have one goal in common, namely to keep production costs low and deliver perfect quality at the same time. With the diamond-tipped shank cutters Diamaster PRO³ and Diamaster PLUS³ from Leitz, this feat is easily achieved.
What are the major Applications, Types and Regions for Wire Binder Market?
Wire Binder Market is segmented based on the type, applications, companies and regions.
By Product Type, it is segmented into
By Application it is segmented into
- Paper
- Plastic
- Leather
- Others
Wire Binder Market Regional Analysis
Due to the region's booming print sector, which includes multimedia, flexography, and smart labels and is headed by nations like Germany, BENELUX, NORDICS, etc., it has been hailed as a lucrative market by the EU Commission. Due to the requirement or demand for bookbinding in all of the primary applications, such as education, industry, and other institutions, the Asia Pacific is also anticipated to have a high growth rate in the market. This will result in the robust expansion of the market over the assessment period.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Wire Binder Market report scope?
Reports Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 6.5% during the review period (2022 to 2027).
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By Type
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By Application
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- Paper
- Plastic
- Leather
- Others
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By Companies
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Comet, GBC, DELI, Fellowers, DSB, RENZ, Leitz, Swingline, JINTU, Huanda, MandG, Akiles, Tamerica, Rhin-O-Tuff, James Burn International
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Regions Covered
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•North America
•Europe
•Asia-Pacific
•Rest of the World
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Countries Covered
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•US
•Canada
•Germany
•France
•UK
•Italy
•Spain
•Rest of Europe
•China
•Japan
•India
•Australia
•South Korea
•Rest of Asia-Pacific
•Middle East & Africa
•Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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119
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Wire Binder Report
- Evaluate Wire Binder market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
- Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Wire Binder market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
- It further investigates the specifics that are positively impacting the profit graph of this business sphere.
- The study also elaborates the critical factors which will augment the commercial terrain of the Wire Binder market.
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
Frequently Asked Questions
What is the study period of this market?
The Wire Binder Market is studied from 2017 - 2027.
What is the growth rate of Wire Binder Market?
The Wire Binder Market is growing at a CAGR of 6.5% over the next 5 years.
Who are the leading key players in Wire Binder Market?
Comet, GBC, DELI, Fellowers, DSB, RENZ, Leitz, Swingline, JINTU, Huanda, MandG, Akiles, Tamerica, Rhin-O-Tuff, James Burn International
What regions does this Wire Binder Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Wire Binder Market?
Manual, Electric
What are the significant Applications of Wire Binder Market?
Paper, Plastic, Leather, Others
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
