Global sales of industrial fasteners are expected to climb 5.2% per year to $82.9 billion in 2016, accelerating from the 2006-2011 rate of expansion, according to a new report by the Freedonia Group.
“The economies of many countries around the world will continue to recover from the global recession of 2009, spurring growth in durable goods output, which largely determines worldwide fastener sales,” Freedonia stated.
These and other trends are presented in World Industrial Fasteners, a new study from the Freedonia Group, a Cleveland-based industry market research firm.(…)
via Global Industrial Fastener Demand at $83b by 2016 – Global Fastener News – USA.