Velcro (Hook and Loop) Market Worth 2588.5 Million USD by 2024 | CAGR 5.1%

Global Velcro Hook & Loop Market

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.

For industry structure analysis, the Velcro Hook & Loop industry is relatively scattered. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The leading players are Velcro Inc, 3M, APLIX Inc., Kuraray Group and YKK, which accounts for about 44% market share in term of revenue in 2018.

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In the future, the global Velcro Hook & Loop revenue would keep increasing with an annual growth rate with 4~6%. We tend to believe that this industry still has a good future, considering the current demand for Velcro Hook & Loop. And China will be more and more important in the industry, due to the high speed of all kinds of industries development.

According to this study, over the next five years, the Velcro Hook & Loop market will register a 5.1% CAGR in terms of revenue, the global market size will reach US$ 2588.5 million by 2024, from US$ 2016.2 million in 2019. In particular, this report presents the global market share sales and revenue of key companies in Velcro Hook & Loop business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Velcro Hook & Loop market by product type, application, key manufacturers and key regions and countries.

This study considers the Velcro Hook & Loop value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

Nylon
Polyester
Other

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

Footwear & Apparel
Transportation
Industrial Manufacturing
Medical
Other

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

America
APAC
Europe
Middle East & Africa
Rest of the World

The key manufacturers covered in this report: Breakdown data in in Chapter 3.

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

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global Velcro Hook & Loop consumption value & volume by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Velcro Hook & Loop market by identifying its various sub-segments.
Focuses on the key global Velcro Hook & Loop manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in next few years.
To analyze the Velcro Hook & Loop with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks.
To project the consumption of Velcro Hook & Loop submarkets, with respect to key regions along with their respective key countries.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Content Covers the Topics mentioned below

2019-2024 Global Velcro (Hook and Loop) Consumption Market Report

Scope of the Report
Executive Summary
Global Velcro (Hook and Loop) by Players
Velcro (Hook and Loop) by Regions
Americas Market
APAC Market
Europe Market
The Middle East & Africa Market
Market Drivers, Challenges and Trends
Marketing, Distributors, and Customer
Global Velcro (Hook and Loop) Market Forecast
Key Players Analysis
Research Findings and Conclusion

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