The Saudi Arabia fasteners market size reached USD 3,017.72 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 4,566.38 Million by 2033, exhibiting a growth rate (CAGR) of 4.71% during 2025-2033. Expanding construction and infrastructure projects, rising automotive and manufacturing activity, and increased demand for durable, corrosion-resistant components in oil and gas operations are some of the factors propelling the Saudi Arabia fasteners market share. Government-backed industrial diversification under Vision 2030 also supports local production and import substitution.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2024
|
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Size in 2024 | USD 3,017.72 Million |
Market Forecast in 2033 | USD 4,566.38 Million |
Market Growth Rate 2025-2033 | 4.71% |
Rising Demand for Engineered Fastening Solutions in Industrial Applications
Saudi Arabia is witnessing increased adoption of advanced fastening products driven by growing demand in construction, infrastructure, and industrial manufacturing. Engineered fasteners designed for durability and precision are gaining preference, especially those that support high-performance requirements across power tools, assembly lines, and structural applications. With the entry of global manufacturers through strategic distribution partnerships, the market is benefiting from improved accessibility to premium-grade fastening technologies. This supports the Kingdom’s broader industrial diversification goals and its focus on quality, safety, and performance in large-scale projects. The shift also aligns with modernization efforts in local supply chains, promoting the use of certified and globally standardized components that meet the evolving requirements of contractors, builders, and industrial users. These factors are intensifying the Saudi Arabia fasteners market growth. For example, in December 2024, Al Hassan Ghazi Ibrahim Shaker Co. partnered with Stanley Black & Decker to distribute BLACK+DECKER products in Saudi Arabia. The move enhances access to high-performance appliances and engineered fasteners, supporting growth in the Kingdom’s fasteners market through advanced solutions aligned with construction and industrial needs.
Expanding Market for High-Performance Fastening Systems
The fasteners market in Saudi Arabia is benefiting from a surge in demand linked to giga projects, rapid urban development, and increased industrial activity. As infrastructure investments accelerate, there's a growing need for high-performance fastening systems that meet international standards for strength, durability, and reliability. Upcoming events showcasing global technologies are creating new platforms for local buyers to access cutting-edge fixing solutions tailored for complex applications. These developments are also encouraging the adoption of specialized fasteners in sectors like logistics, manufacturing, and construction, supporting safer and more efficient project execution. With an emphasis on modernization and quality, the market is shifting toward sophisticated components that align with the Kingdom’s industrial upgrade and long-term economic transformation goals. For instance, the upcoming International Hardware Fair Saudi Arabia in June 2025 is spotlighting the country’s fasteners market amid surging construction, urban growth, and giga projects. The event will feature global brands showcasing fasteners, tools, and fixing technologies to meet rising demand across the construction, industrial manufacturing, and logistics sectors. This reflects Saudi Arabia’s push to modernize infrastructure and boost local access to advanced fastening solutions.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on product, sales channel, and end use.
Product Insights:
The report has provided a detailed breakup and analysis of the market based on the product. This includes internally threaded, non threaded, and externally threaded.
Sales Channel Insights:
A detailed breakup and analysis of the market based on the sales channel have also been provided in the report. This includes online and offline.
End Use Insights:
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes automotive, building and construction, aerospace, machinery, electronics, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern and Central Region, Western Region, Eastern Region, and Southern Region.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
|
Products Covered | Internally Threaded, Non Threaded, Externally Threaded |
Sales Channels Covered | Online, Offline |
End Uses Covered | Automotive, Building and Construction, Aerospace, Machinery, Electronics, Others |
Regions Covered | Northern and Central Region, Western Region, Eastern Region, Southern Region |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: