Europe Lanyards Market Size By Type(Polyester Imprinted Lanyards, Nylon Imprinted Lanyards), By Application(Online and Offline), By Geographic Scope And Forecast

Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Europe Lanyards Market Size And Forecast

Europe Lanyards Market size was valued at USD 59,183.00 Thousand in 2021 and is projected to reach USD 90,954.78 Thousand by 2030, growing at a CAGR of 5.26% from 2023 to 2030.

The Europe Lanyards Market is witnessing significant growth during the forecasted period. The factors include increased awareness about the benefits of using lanyards among academic institutions and a growing need for branding and promotion from the corporate sector, amongst others.  The Europe Lanyards Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

What is Lanyards?

A lanyard is a fabric necklace made of a soft material such as polyester, nylon, and other fabric materials. It has a clip with an attachment at the bottom that is designed to hold keys, ID badges, and other small items such as USB drives and flashlights. Currently, lanyards are used for many purposes such as identification, fundraising, raising awareness, placing an eye-catching slogan, and others. Lanyards can be ordered with different material types, widths, materials, and accessories.

Customized lanyards are super popular, right? I mean, who wouldn't want to design their own? You can choose all your favorite colors, add a catchy slogan, and pick out the perfect material and thickness – the works! And guess what? The lanyard market in Europe is about to explode! We're talking serious growth, thanks to all the awesome new tech, cheaper startup costs, and industries that are just booming. You see these personalized lanyards everywhere – at concerts, festivals, even just chilling at bars, nightclubs, and corporate events. They're even at sporting events and amusement parks. It's just an easy way to show ID! Okay, so maybe some fancy digital ID stuff could slow things down a little in Europe. But with more people working and more businesses opening up, we're still expecting a major boost to the market in the next few years.

Europe Lanyards Market Overview

So, the Europe Lanyards Market is booming, right? We're expecting some serious growth in the next few years, and it's all thanks to a couple of key reasons. Schools and universities are finally seeing the light about lanyards – they're awesome for student ID cards and keeping kids secure. We're seeing more and more schools handing out these smart ID cards. They use them to get in, maybe even check out books from the library. And it's not just schools! Businesses are jumping on the bandwagon too, using lanyards for branding and promotion. Basically, those ID cards become little walking billboards, all because of the lanyard!

Security in schools-Lanyards is an inexpensive approach to guarantee that the right people are there at the appropriate time in educational environments with a large headcount. This makes it simple to identify unauthorized visitors—even from a distance—and gives parents the assurance they need that schools are substantially focusing on kid safety and security.

You see lanyards everywhere these days, right? Especially with students at schools and colleges. Lanyard card holders are just so handy for them – easy to carry their ID cards and quickly show who they are. But it's not just a student thing! With all the new companies popping up, lanyards are becoming even more popular. Think about all the events companies are throwing to launch products, introduce services, and hold meetings. Places like Germany, the UK, Spain, France, and Italy are seeing tons of small and medium-sized businesses grow (like, the EU went from around 22 million in 2016 to over 22.6 million in 2020!). That means even more events, and you guessed it, more lanyards. And get this, according to AUMA, the Association of the German Trade Fair Industry, Germany is the place to be for international trade fairs.

Custom lanyards are everywhere these days! Their popularity is seriously taking off in all kinds of businesses – you can't go to an event or conference without seeing them used for quick ID. This, and a whole lot more, is what's making the lanyard market explode. I mean, come on, personalized lanyards are so handy, especially if you're in entertainment. Imagine being at a massive music festival or event; with your name right there on your lanyard, emergency services and organizers can find you in a flash, whether you're backstage or with the crowd. That's super important! And it's not just that, but all these corporate events popping up, like brand promotions, conferences, and training sessions, plus the tourism and hospitality sectors booming, and all those new IT hubs in Europe... it's like the entire event industry is going crazy!

Those who work in traffic enforcement, prisons, and law enforcement are likely to find personalized lanyards to be very beneficial. Police officers wear nametags to identify themselves when on patrol. Customized lanyards can be an effective approach to quickly show crucial information that is simple for these employees to reach when they need it most.

However, the negative effects of lanyards may hamper the Lanyards Market near future. Lanyards are frequently used by organizations for their employees or learners. They serve to conveniently and visibly show the corresponding cards and badges. However, if one looks closer, one would see their dangers, particularly for those using massive machines and heavy equipment. Any object in the factory could catch the lanyard. The same is valid for production lines, where they may endanger or hurt workers.

Europe Lanyards Market Segmentation Analysis

The Europe Lanyards Market is segmented based on Type, Application, And Geography.

Europe Lanyards Market by Type

• Polyester Imprinted Lanyards• Nylon Imprinted Lanyards• Dye-Sublimated Lanyards or Full-Color Lanyards• Tube Imprinted Lanyards

To Get Summarized Market Report By Type - 

So, when it comes to Type, the lanyard world is basically divided into a few main groupsyou've got Polyester Imprinted Lanyards, Nylon Imprinted Lanyards, those super colorful Dye-Sublimated Lanyards or Full-Color Lanyards, and then there are Tube Imprinted Lanyards. Right now, Polyester Imprinted Lanyards are the real stars, owning most of the market. And guess what? They're predicted to keep growing by 4.22% every year! Why polyester, you ask? Well, it's the top choice for lanyards because it's easy on the wallet and super strong. Plus, polyester lanyards are breathable, which makes them ideal for people who are always on the move. They're comfy to wear, and because of the matte finish, any designs printed using silkscreen or lithography will stick around – no fading or rubbing! In short, you get a long-lasting, sturdy lanyard that won't rip or lose its design.

Europe Lanyards Market by Application

• Online• Offline

To Get Summarized Market Report By Application-

So, buying lanyards in Europe? You've pretty much got two choicesOnline or Offline. Back in 2021, most people were clicking "add to cart," and we bet that's not changing anytime soon. Actually, online lanyard sales are expected to grow the quickest, like 5.34% each year for the next few! Makes sense, right? An online store is just a website or app where you can find anything and buy it. Even your neighborhood shop might have its own online storefront. More and more, folks are grabbing lanyards online because you can find practically anything you're looking for at a better price, and it's super easy to order exactly what you need. And giants like Amazon and Alibaba? They're offering tons of lanyards and extras all across Europe.

Europe Lanyards Market by Geography

• Germany• The U.K.• France• Italy• Spain• Rest of Europe

So, Europe, right? When we think about the Lanyards Market in Europe, we're talking about countries like Germany, the U.K., France, Italy, Spain, and, well, the Rest of Europe. Germany was really booming in 2021 and is predicted to keep growing, maybe even the fastest, at around 4.04%! Why? Because there are just so many trade shows and conferences, especially in Germany, Spain, and France. Seriously, back in 2020, those three were the go-to spots for conventions and events. And Spain is expecting more events and needs more event planners! Plus, big cities like Milan, Paris, Amsterdam, and Munich are all big conference destinations. So, it makes sense that lanyards are essential at these things. With all those people, event promoters and concert organizers need to get noticed. And they need to make it easy for artists and media to spot them.

Key Players

The major players in the market are Ted Gifted, Absolute Lanyards, PDC BIG, CEV SAS, PINPOPS, and Others. This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.

Key Developments

• In February 2022, the award for Feefo Platinum Trusted Service for 2022 was given to We Print Lanyards! Using input from actual consumers, Feefo has awarded companies since 2014 that provide extraordinary experiences. The Trusted Service Awards are exceptional since they are solely determined by client reviews

• Companies that have reached the gold standard for three consecutive years have received Platinum Trusted Service certifications from Feefo. Companies must have accumulated at least 50 reviews with a Feefo service rating of 4.5 to 4.9 between January 1, 2020, and December 31, 2021, to be eligible for the Gold Trusted Service award

Ace Matrix Analysis

The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.

Market Attractiveness

The image of market attractiveness provided would further help to get information about the segment that is majorly leading in the Europe Lanyards Market. We cover the major impacting factors that are responsible for driving the industry growth in the given geography.

Porter’s Five Forces

The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Europe Lanyards Market, gauge the attractiveness of a certain sector, and assess investment possibilities.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2019-2030

BASE YEAR

2022

FORECAST PERIOD

2023-2030

HISTORICAL PERIOD

2019-2021

UNIT

Value (USD Thousand)

KEY COMPANIES PROFILED

Ted Gifted, Absolute Lanyards, PDC BIG, CEV SAS, PINPOPS, and Others.

SEGMENTS COVERED

By Type, By Application, And By Geography.

CUSTOMIZATION SCOPE

Free report customization (equivalent up to 4 analyst’s working days)  with purchase. Addition or alteration to country, regional & segment scope

Europe Lanyards Market Infographic

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