Global Hook and Loop Market Growth 2023-2029

Global Hook and Loop Market Growth 2023-2029

Velcro (Hook and 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.
LPI (LP Information)' newest research report, the “Hook and Loop Industry Forecast” looks at past sales and reviews total world Hook and Loop sales in 2022, providing a comprehensive analysis by region and market sector of projected Hook and Loop sales for 2023 through 2029. With Hook and Loop sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hook and Loop industry.
This Insight Report provides a comprehensive analysis of the global Hook and Loop landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hook and Loop portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hook and Loop market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hook and Loop and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hook and Loop.
The global Hook and Loop market size is projected to grow from US$ 2185.4 million in 2022 to US$ 3070.9 million in 2029; it is expected to grow at a CAGR of 3070.9 from 2023 to 2029.
Global core hook and loop manufacturers include Velcro, 3M and APLIX etc. The Top3 companies hold a share about 50%. China is the largest market, with a share about 33%, followed by Europe and North America with the share about 20% and 12%.
This report presents a comprehensive overview, market shares, and growth opportunities of Hook and Loop market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Nylon Velcro
Polyester Velcro
Others
Segmentation by application
Footwear & Apparel
Transportation
Industrial Manufacturing
Medical
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Velcro
3M
APLIX
Kuraray Group
YKK
Paiho
Jianli
Heyi
Binder
Shingyi
Lovetex
Essentra Components
HALCO
Krahnen＆Gobbers
Dunlap
DirecTex
Jieji
ISHI-INDUSTRIES
Tesa
Magic Fastners
Siddharth Filaments Pvt. Ltd.

Key Questions Addressed in this Report
What is the 10-year outlook for the global Hook and Loop market?
What factors are driving Hook and Loop market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hook and Loop market opportunities vary by end market size?
How does Hook and Loop break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.