Rising Demand Boosts MENA Market for Nails, Screws, and Bolts to $5.1B

The market for nails, tacks, staples, screws, and bolts in the MENA region is set to continue its growth due to rising demand. The market is projected to grow at a compound annual growth rate (CAGR) of 2.8% in volume and 3.6% in value from 2024 to 2035.

By the end of 2035, the market volume is expected to reach 909,000 tons, while the market value is forecast to hit $5.1 billion in nominal wholesale prices.

This steady growth is driven by the increasing need for these fasteners across various sectors in the region. With strong demand continuing, the market is expected to perform well, showing significant growth in both volume and value over the next decade.

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