The global industrial nailers and staplers market size was valued at USD 1.02 billion in 2022. It is estimated to reach USD 1.44 billion by 2031, growing at a CAGR of 3.94% during the forecast period (2023–2031).
Industrial nailers and staplers are indispensable in the construction and manufacturing sectors, providing efficient and dependable fastening solutions. They are utilized to precisely and firmly join diverse materials, including wood, metal, and plastic. The manufacturing of industrial nailers and staplers requires precise engineering and high-quality components. The primary components are typically a sturdy housing, an ergonomic handle, a magazine or cartridge containing nails or staples, a feeding mechanism, and a trigger mechanism for precise operation.
Compared to manual methods, industrial nailers and staplers offer many advantages, including increased productivity and the ability to fasten materials more quickly and efficiently. They also provide consistent and dependable results, ensuring a secure and long-lasting connection between materials. In addition, they reduce the likelihood of crooked or misaligned fastenings by minimizing the risk of human error.
|Market Size||USD 1.44 billion by 2031|
|Fastest Growing Market||Asia Pacific|
|Largest Market||North America|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends|
The global construction sector is witnessing new developments and market trends. Technological transformation is also a major factor influencing this growth, along with the significant changes in design and installation. In the construction industry, factors such as the increasing complexity of building projects, strict policies governing employee safety, the utilization of advanced tools, the need for energy efficiency, and improved productivity have emerged as significant concerns.
Low-interest rates and surging disposable incomes among populations are the primary drivers of growth in the real estate and residential sectors. The growth of the construction industry is anticipated to be fueled by a growing population, a rising demand for public construction projects, and an increase in investments in renewable energy and telecommunications over the forecast period. Such developments stimulate global demand for industrial nailers and staplers.
Most individuals engage in creative and productive pastimes in developed economies such as the United States and Europe. Some nations also invest in home improvement and maintenance projects based on their interests. DIY is a popular pastime in countries like France, Germany, Italy, and the United Kingdom. The concept is also acquiring traction in India, Brazil, and South Africa, which are emerging economies. Consumers in the residential sector frequently engage in cost-effective and skill-improving repair and improvement projects.
Furthermore, the presence of hypermarkets, supermarkets, and other specialty stores like Home Depot offers more DIY projects. It drives the market for DIY tools, which drives the market for industrial nailers and staplers. Most people are involved in extensive crafting activities in the US. The growth in preference for crafting activities, such as wood crafts and home décor, requires applying tools such as nailers and staplers. As a result, the market for industrial staplers and nails is expanding steadily.
As nailers and staplers are easy to operate and powerful, the chances of various injuries while operating them are quite high. In the US, nail injuries are responsible for around 37,000 emergency room visits yearly. Severe injuries have also led to fatalities among construction workers. In most nail guns and staple guns, injuries are also concentrated on fingers and hands and result in major damage to tendons and nerves in the area. The risks of injuries will likely rise with the adoption of several shot trigger nailers. As a result, the market is estimated to witness significant restraints concerning revenue and sales during the forecast period.
Emerging economies in Asia-Pacific have witnessed high economic growth over the last few decades. The regional markets with potentially high consumption and those with increasing industrial and manufacturing competitiveness have started to challenge their developed counterparts in global manufacturing. The manufacturing sector in these economies is making strong progress, constituting as much as 65% of the output used by low-and-medium technology-enabled industries with significant demand for high-precision tools.
Additionally, countries with structural shifts from basic to advanced manufacturing technologies have witnessed a significant increase in their GDP per capita over the last few decades. Japan and South Korea are key examples in this regard. The governments in these countries have also invested in institutional reforms to promote continuous industrial growth and avoid the middle-income trap, which can substantially create opportunities for market growth of fastener tools such as industrial nailers and staplers in the coming years.
Based on region, the global industrial nailers and staplers market is bifurcated into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
North America is the most significant global industrial nailers and staplers market shareholder and is estimated to exhibit a CAGR of 3.57% over the forecast period. The region is expected to sustain its position during the forecast period, with revenue mostly generated from the US, the largest economy in the region. North America is home to several large industries, including construction, automobiles, aerospace, electronics, and packaging. In addition, advancements in Li-ion battery technology are expected to enable market growth. It is predicted that the North American construction industry will propel at a CAGR of 3.9% between 2019 and 2024. Hence, the demand for industrial nailers and staplers can be high in the construction industry. There are more than 5,650 planned hotel construction projects, which will raise demand. The construction industry in Canada is experiencing similar patterns of expansion. In Canada, the total number of construction megaprojects has been valued at more than USD 1 trillion, which will substantially create more employment opportunities. This will enable the region's new demand for industrial nailers and staplers.
Asia-Pacific is predicted to exhibit a CAGR of 4.94% over the forecast period. Asia-Pacific emerged as the second-largest market for industrial nailers and staplers. It is also expected to be the fastest-growing market during the forecast period, mainly because of the dominant construction industry. According to estimates, several Asia-Pacific countries will account for more than half of the global spending in the construction industry during the forecast period. The construction industry in China is expected to grow at 4.32% through 2021 due to the multi-mega infrastructure projects, coupled with 2,991 hotel construction projects in the pipeline. Similarly, Indonesia has the potential to grow around 9% for the next five years as the residential projects along with 378 hotel construction projects are in the pipeline. The surges in the number of construction projects in the region will spur demand for industrial nailers and staplers.
Europe is amongst the largest and wealthiest economies and has some of the most developed nations, like the UK, France, Italy, and Spain. The EU accounts for around 76% of the total GDP in Europe. The market also has many world-class manufacturing industries, such as the automobile and construction industries. Since the industrial revolution in Europe, the standard of life, per capita income, productivity standards, and technology innovation and adoption have witnessed significant growth. The surging economic development in the region has also led to rapid urbanization in countries, with people opting for more individual and smart homes to improve their lifestyles. Furthermore, expanding the industrial sector has led to the rising demand for battery-operated industrial nailers and staplers.
The Middle East and Africa accounted for the least revenue in the global industrial nailers and staplers market. However, the region has significant growth opportunities from several potential markets, such as Oman, Qatar, and Kuwait, as per the growing investment opportunities during the next five years. The rise in industrial and manufacturing sectors in the region and the increasing adoption of DIY practices are expected to drive the demand for industrial nailers and staplers in the Middle East and Africa. In addition, the manufacturing industry in the Middle East is witnessing a substantial change, driven by rapid technological developments that can boost the demand for advanced battery-operated industrial nailers and staplers. Most Gulf contractors are interested in using cordless industrial nailers and staplers in the construction industry, which is a positive sign of growth.
In Latin America, factors such as the rising frequency of construction activities and automobile production will propel the demand for industrial nailers and staplers, with Brazil and Mexico being the major markets. However, increasing infrastructural development in several countries, such as Peru, Chile, and Colombia, is expected to provide growth opportunities for the market.
The global industrial nailers and staplers market is bifurcated into product type, operation, and end-user.
Based on the product type, the global market is segmented into nailers and staplers.
The nailers segment is the highest contributor to the market and is estimated to exhibit a CAGR of 4.21% over the forecast period. Nailers are efficient tools that can join composites, wood, rubber sheets, shingles, foam, concrete, insulation, and metal sheets to wood or composite structures. Nailers or nail guns offer a rapid joining alternative to screws, adhesives, dowels, bolts, or dovetailing. Nail guns are also helpful in instantly holding an assembly together compared to adhesives or glue joint cures. Nailing machines and nail guns are frequently used in commercial and industrial fastening, assembly, and packaging applications. In contrast, nailers are primarily used in small-scale construction and do-it-yourself projects.
Staplers or staple guns are mechanical devices that fasten various materials and attach roofing felt or plastic wrap during renovation projects. Staplers can also be used for sealing shipping cargo, leather, and textiles in upholstery projects. Both professionals and DIY hobbyists can use staplers. These handheld machines can push heavy metal staples into various objects manufactured using metal, wood, and plastic. Staplers are used for several applications and affix various materials, including house wrap, upholstery, wiring, roofing, insulation, carpeting, and hobby and craft materials.
Based on operation, the global market is segmented into pneumatic, electric, and gas-powered nailers and staplers.
The pneumatic segment is the largest contributor to the industrial nailers and staplers market share and is projected to exhibit a CAGR of 2.99% over the forecast period. Pneumatic nailers and staplers are the most widespread and commonly used pneumatic fastening tools due to their lightweight and powerful driving capabilities. The pressurized air from an air compressor enables the user to fill the pneumatic nailers and staplers with nails and staples for continuous usage. Pneumatic models are more robust and less costly than battery-powered nailers and staplers, but they need an air compressor and additional set-up time.
Gas-powered nailers and staplers are powered using flammable fuels such as butane or liquid petroleum stored in a disposable internal cell and a battery. Fuel is released when the nail gun or stapler is activated. The battery then produces a spark, which lights the fuel. The resultant explosive energy shoots the staple or nail into the material, while another nail or staple is automatically loaded into the tool. In addition, gas nail guns and staple guns are generally cordless. The gas nailers and staplers are fast, powerful, and lightweight and considered highly reliable tools suitable for soft and hardwood timber framing, floor, and wood panels, trellising, roofing, joists, and many other applications.
Based on end-user, the global market is bifurcated into construction, manufacturing, woodworking, packaging, and others.
The construction segment dominates the global market and is predicted to exhibit a CAGR of 4.57% during the forecast period. The construction industry is the biggest end-user segment for the industrial nailers and staplers market and is expected to sustain steady growth during the forecast period. Industrial nailers and staplers have only undergone material innovations and design modifications in developed economies, where power tools are widely used, and in developing economies, where construction activities may only involve manual labor. In the same way, there are no direct alternatives for industrial nailers and staplers used in construction. The anticipated expansion of the global construction market is encouraging for these products.
The demand for woodworking nailers and staplers is increasing significantly. Nailers and staplers can join wood pieces and assemble wooden structures. These nailer and stapler variants have applications in producing furniture, bed frames, and wood fencing. Likewise, different types of nail guns are used in various woodworking applications. Framing nailers are used for handling large woodwork or construction projects, including constructing wooden frames for houses and decks and room additions.