| Product Code: ETC5700119 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The plastic fasteners import market in Cyprus continues to show steady growth, with a CAGR of 7.43% from 2020 to 2024. In 2024, the top exporting countries to Cyprus are Greece, Italy, China, Germany, and Spain, indicating a diverse mix of sources. Despite the strong growth, the market remains fragmented with a low Herfindahl-Hirschman Index (HHI) concentration in 2024. The impressive growth rate of 9.05% from 2023 to 2024 suggests increasing demand for plastic fasteners in Cyprus, presenting opportunities for both domestic and international suppliers.

The Plastic Fasteners market in Cyprus is evolving as industries seek lightweight and corrosion-resistant alternatives to metal fasteners. Plastic fasteners are widely used in automotive, construction, and electronics applications due to their versatility and ease of use. The market is characterized by a growing focus on innovation and customization to meet specific industry needs. As businesses prioritize efficiency and sustainability, the demand for plastic fasteners is expected to rise.
The plastic fasteners market in Cyprus is influenced by the growing demand for lightweight and corrosion-resistant components in various industries, including automotive, construction, and electronics. As manufacturers seek to reduce overall product weight and improve efficiency, plastic fasteners are gaining popularity due to their versatility and cost-effectiveness. The expansion of the automotive and construction sectors further drives market growth.
The plastic fasteners market in Cyprus encounters challenges related to competition and the need for innovation. As manufacturers seek to enhance their product offerings, they must invest in research and development to create high-performance fasteners that meet evolving customer demands. Additionally, competition from both local and international players can pressure pricing and market share, necessitating ongoing efforts to differentiate products based on quality and functionality. Compliance with industry standards and regulations further complicates the operational landscape for plastic fastener providers.
Government initiatives support the plastic fasteners market by promoting local manufacturing and innovation in fastening solutions. Policies focus on enhancing the capabilities of local manufacturers to produce high-quality fasteners, providing funding for research into advanced plastic materials and production techniques.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Plastic Fasteners Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Plastic Fasteners Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Plastic Fasteners Market - Industry Life Cycle |
3.4 Cyprus Plastic Fasteners Market - Porter's Five Forces |
3.5 Cyprus Plastic Fasteners Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cyprus Plastic Fasteners Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Cyprus Plastic Fasteners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Plastic Fasteners Market Trends |
6 Cyprus Plastic Fasteners Market Segmentations |
6.1 Cyprus Plastic Fasteners Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Plastic Fasteners Market Revenues & Volume, By Rivets & Push-In Clips, 2021-2031F |
6.1.3 Cyprus Plastic Fasteners Market Revenues & Volume, By Cable Clips & Ties, 2021-2031F |
6.1.4 Cyprus Plastic Fasteners Market Revenues & Volume, By Threaded Fasteners, 2021-2031F |
6.1.5 Cyprus Plastic Fasteners Market Revenues & Volume, By Washers & Spacers, 2021-2031F |
6.2 Cyprus Plastic Fasteners Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Plastic Fasteners Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Cyprus Plastic Fasteners Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.4 Cyprus Plastic Fasteners Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.2.5 Cyprus Plastic Fasteners Market Revenues & Volume, By Supermarkets, 2021-2031F |
7 Cyprus Plastic Fasteners Market Import-Export Trade Statistics |
7.1 Cyprus Plastic Fasteners Market Export to Major Countries |
7.2 Cyprus Plastic Fasteners Market Imports from Major Countries |
8 Cyprus Plastic Fasteners Market Key Performance Indicators |
9 Cyprus Plastic Fasteners Market - Opportunity Assessment |
9.1 Cyprus Plastic Fasteners Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cyprus Plastic Fasteners Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Cyprus Plastic Fasteners Market - Competitive Landscape |
10.1 Cyprus Plastic Fasteners Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Plastic Fasteners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |