Global Velcro Hook Loop Market Research Report 2023(Status and Outlook)
Report Overview
Velcro (Hook & Loop) consists of two components: typically, two lineal fabric strips (or, alternatively, round ""dots"" or squares) which are attached (sewn or otherwise adhered) to the opposing surfaces to be fastened. The first component features tiny hooks, the second features smaller loops. When the two are pressed together the hooks catch in the loops and the two pieces fasten or bind temporarily. When separated, by pulling or peeling the two surfaces apart, the strips make a distinctive ""ripping"" sound.
Asia-Pacific is the largest consumption market, accounting for about 53% of market share in 2019, in terms of volume.
The Velcro (Hook & Loop) industry is relatively scattered. The leading players are Velcro Inc, 3M, APLIX Inc., Kuraray Group and YKK. The Top 5 accounted for about 51% of the global revenue share in 2019.
The Global Velcro Hook Loop Market Size was estimated at USD 2171.90 million in 2022 and is projected to reach USD 3056.08 million by 2029, exhibiting a CAGR of 5.00% during the forecast period.
Bosson Research’s latest report provides a deep insight into the global Velcro Hook Loop market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Velcro Hook Loop Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Velcro Hook Loop market in any manner.
Global Velcro Hook Loop Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Velcro
3M
APLIX
Kuraray Group
YKK
Paiho
Jianli
Heyi
Binder
Shingyi
Lovetex
Essentra Components
HALCO
Krahnen&Gobbers
Dunlap
DirecTex
Jieji
Tesa
ISHI-INDUSTRIES
Siddharth Filaments
Market Segmentation (by Type)
Nylon
Polyester
Others
Market Segmentation (by Application)
Biotechnology & Biopharmacy
Chemical
Food
Scientific Research
Others
Geographic Segmentation
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
South America (Brazil, Argentina, Columbia, Rest of South America)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Velcro Hook Loop Market
Overview of the regional outlook of the Velcro Hook Loop Market:
Key Reasons to Buy this Report:
Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
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