2nd International Exhibition for Fastener & Fixing Technology

  • French
  • Italian
  • deutsch
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The Fasteners Market in France

The Fasteners Market in France

The Fasteners Market in France

French market overview

France is the third largest economy in the EU, supported by a buoyant aerospace industry, which, together with the automotive and construction industry, is boosting industrial fastener demand. This trend is set to continue, with a very positive outlook for aircraft production and aerospace-grade fasteners foreseen, led by growing commercial aircraft production and strong defence spending. This is France’s biggest industrial sector, followed by the automotive industry. Ranked second in the world after the United States, it reported record sales of €65.4 billion in 2018, up 1.2% on 2017, thanks to the success of export giants Airbus, Safran, Dassault and Thales. The French government also plans to increase defence spending by over 40 % over the next 6 years to 2025, a 2019 study on the global aerospace and defence industry by Deloittes shows.

The French car market is predicted to continue growing steadily from 2019 to 2025, benefiting the fastener market, according to a study by the French Car Manufacturers Association. Passenger car sales were up 3.2% in 2018 compared to 2017, reaching over 2.1 million, and marking the fifth consecutive year of growth. Rising manufacturing activity will also support growth for fasteners in machinery, electrical and electronic products, and fabricated metals. The French construction market is returning to growth too, up 1.2% in June 2019 on 2018 levels, as construction spending is rebounding. Despite current trade tensions and in line with the EU rate, France’s annual GDP is forecast to grow by 1.3% in 2019 to reach $2.76 trillion and by 1.4% in 2020, driven by domestic demand, an EU Commission report shows.

Source: European Commission; French Car Manufacturers Association

Industrial fastener facts and figures

French industrial fastener sales are forecast to climb by 3% annually until 2025, to reach $2.8 billion, making France the second largest market in Europe after Germany. Out of this total, standard fastener sales will be worth $1.8 billion by 2025, with externally threaded fasteners accounting for the biggest chunk of this at $1 billion.

Home to airbus, the market for aerospace-grade fasteners is expected to post the fastest growth rates, climbing by 24% over the period 2020-2025 or by 5% per year, to reach $1 billion, making France the largest market for aerospace-grade fasteners in Europe. The same trend can be seen globally, with the fastener market predicted to expand at a rate of 4% annually over the period 2020 to 2025, to total US$99.5 billion by 2025. The global aerospace-grade fasteners market is set to increase at a faster compound annual growth rate (CAGR) rate of 7.6% between 2017 to 2024.

Shipments of fasteners from France are also forecast to rise by 1.8% annually to reach $2.1 billion by 2025, making the country the third largest fastener producer in Western Europe, behind Germany and Italy. France is a net importer, sourcing supplies from Germany, Italy, Taiwan, Spain, the UK, and China.

Source: Global Industrial Fasteners Report by Product and Market, 9th Edition, Freedonia Group

Industrial fastener demand by sector

Driven by the favourable market outlook, sales of fasteners used in French aerospace equipment is set to outpace that for motor vehicle fastener demand, reaching $740 million in 2025 from $555 m in 2020, a study by the Freedonia Group shows.

Motor vehicle fastener demand will be at $580 m in 2025, from $535 m in 2020, reflecting the slight production growth over the period, standing at 2.1 million units in 2025.

In third place, comes fastener sales used in maintenance and repair operations at $470 m in 2025, up from $435 in 2020.

Fastener sales used in machinery are in fourth place, worth $350 m in 2025 from $315 m in 2020. Fasteners used in fabricated metal products are in fifth place at $255 m in 2025, up from $235 m in 2020.

Fastener sales in electrical and electronic equipment will be worth $230 m in 2025 from $210 m in 2020.

Construction fastener sales will reach $110 m in 2025 from $105 m in 2020, the study reveals.

Source: Global Industrial Fasteners Report by Product and Market, 9th Edition, Freedonia Group

Key fastener manufacturers in France


France is home to two of the world’s top fastener manufacturers, LISI and A.Raymond, as well as many smaller French firms. A number of foreign fastener companies also operate there, including Böllhoff (Germany), Agrati, Fontana Luigi (Italy), SFS Intec (Switzerland), Arconic and Stanley Black & Decker (US).

Industrial fastener market trends

A big trend in the French fasteners market, and worldwide, is the development of lightweight fasteners and speciality fasteners. Aerospace has been the largest sector for these products, made mainly from alloy steel, titanium, aluminium, and the outlook for aerospace-grade fasteners is rosy.

The majority of fasteners are made of steel, but increasing demand for plastic ones from the automotive and aerospace industries due to their lightweight, low cost, and superior corrosion resistance are expected to help drive growth over the period 2019 to 2025. They are gaining penetration in the fast growing electric cars market, up 38.2% in 2018 in Europe for electrically-chargeable vehicles and by 35.6% for hybrid electric vehicles, with France being the third largest market after Norway and Germany.

In view of pressure to cut emissions and to produce in a more environmentally-friendly way, the number of electric cars produced in Europe is set to rise from three quarters of a million in 2019 or 4% of the market to over 4 million or 22% of the market in 2025. A lot of it will be located in Germany, France, Spain, UK and Italy.

Source: European Automobile Manufacturers Association

  • We were pleased to meet all our customers and visitors and to spend time together offering fixing solutions for different industries including automotive, construction, or renewable energy. It was greatly successful with a huge number of visitors.
    Mike Evans
    Brushed Metal Co
  • Mauris tempus id ligula in imperdiet. Phasellus eget ante id est hendrerit maximus. Nulla efficitur est non risus fermentum maximus. Donec consequat commodo ex, vitae finibus eros commodo a.

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