Australia And New Zealand Industrial Fasteners Market Is Likely To Up Demand At A USD 1.67 Billion By 2030
San Francisco, 10 March 2023: The Report Australia And New Zealand Industrial Fasteners Market Size, Share & Trends Analysis Report By Raw Material (Metal, Plastic), By Product, By Application (Residential, Aerospace & Defense), And Segment Forecasts, 2022 - 2030 The Australia and New Zealand industrial fasteners market size is expected to reach USD 1.67 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 7.3% from 2022 to 2030. This growth can be attributed to rising commercial and residential construction activities and the growing aerospace and defense sector in Australia and New Zealand. Industrial fasteners manufacturers are opting for new technology in the manufacturing process, which allows them to install fasteners during the stamping process. This results in low operational costs and time and provides them with a competitive edge over other manufacturers as the adoption of new technology offers t