The MENA Aluminum Foil Cable Wrap market size was valued at $26.20 Million in 2020 and is expected to reach $39.86 Million by 2027 growing at the CAGR of 6.2% from 2021 to 2028. This growth is attributed to several macro and micro economic factors such as
- Increasing demand for power generation through renewable sources
- Increasing Population coupled with high Urbanization rate
- Increasing construction and infrastructure programs
Further several factors restraining the market growth include
- Fluctuating Metal Prices
- Increasing acceptance and use of wireless devices
5G rollout in the MENA is expected to generate higher avenues for Cabe Wrap players during the forecast period.
The COVID-19 pandemic has led to supply chain disruptions leading to supply shortages or lower demand in the MENA Aluminum Foil Cable Wrap market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers to adopt various strategies to stabilize the company. In terms of COVID 19 impact, the MENA Aluminum Foil Cable Wrap market report also includes following data points:
- Impact on MENA Aluminum Foil Cable Wrap market size
- Machine Type Trend, Preferences and Budget Impact
- Regulatory Framework/Government Policies
- Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in MENA Aluminum Foil Cable Wrap market
Key Insight in the report:
The MENA Aluminum Foil Cable Wrap market report covers executive summary, market dynamics, COVID impact & post COVID scenario, market size and forecast, competitive intelligence, market positioning, and product offerings.
Our report covers extensive competitive intelligence which include following data points:
- Business Overview
- Business Segment Data
- Financial Data
- Product Segment Analysis and Specification
- Recent Development and Company Strategy Analysis
- SWOT Analysis
The report covers market sizing and forecasting at the country level as well as at the segment level. MENA Aluminum Foil Cable Wrap market is analyzed across below-mentioned different segments:
- Composite Material
- Machine Type
- Vertical Cable Taping
- Horizontal Cable Taping
MENA Aluminum Foil Cable Wrap market is also analyzed across below-mentioned regions/countries:
- Middle East & North Africa
- Saudi Arabia
- Rest of Middle East
The some of the key players in of MENA Aluminum Foil Cable Wrap market include:
- Symetal S.A.
- Haomei Aluminum Co. Ltd.
- Parker Hannifin
- ADDEV Materials
- Henan Xichuan Aluminium (Group) Co., Ltd.
- Effedigi International
- Riyadh Cable Group Company
- Chase Corporation
- JY Tape Co. Ltd.
REPORT CONTENT BRIEF:
- High level analysis of the current and future market trends and opportunities
- Detailed analysis on current market drivers, restraining factors, and opportunities in the future
- MENA Aluminum Foil Cable Wrap market estimates for 2020 and forecast from 2021 to 2028
- Vendor market share analysis at each product level
- Competitor analysis with a detailed insight into its product segment, financial strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations and partnerships as well as funding taken and investment done, among others.
- Suppliers and traders
- Government, associations, and industrial bodies
- Investors and trade experts
- Consulting Firms or Individual Consultant
- Anyone interested in understanding industry dynamic of MENA Aluminum Foil Cable Wrap market