Global Industrial Hook & Loop Fastener Market Growth 2024-2030

Global Industrial Hook & Loop Fastener Market Growth 2024-2030

Product Code:978893

Published Date: Oct 04,2024

Pages: 162

Region: Global

Category: Consumer Goods

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

PDF DOWNLOAD

GET FREE SAMPLE

CUSTOMIZE REQUEST

SELECT A FORMAT

ADD TO BASKET

BUY NOW

Provide comprehensive and accurate analysis and reports according to your exact requirements

Provide comprehensive and accurate analysis and reports according to your exact requirements

CONTACT US

Velcro, commonly known as hook and loop fasteners, has become an indispensable component in various industries due to its unique ability to provide temporary fastening solutions. This innovative fastening technology consists of two components: one with tiny hooks and the other with soft loops. When pressed together, the hooks catch in the loops, creating a secure bond that can be easily separated with a distinct ripping sound.

The global Industrial Hook & Loop Fastener market size is projected to grow from US$ 2611 million in 2024 to US$ 3506 million in 2030; it is expected to grow at a CAGR of 5.0% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Industrial Hook & Loop Fastener Industry Forecast” looks at past sales and reviews total world Industrial Hook & Loop Fastener sales in 2023, providing a comprehensive analysis by region and market sector of projected Industrial Hook & Loop Fastener sales for 2024 through 2030. With Industrial Hook & Loop Fastener sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Hook & Loop Fastener industry.

This Insight Report provides a comprehensive analysis of the global Industrial Hook & Loop Fastener 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 Industrial Hook & Loop Fastener portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Hook & Loop Fastener market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Hook & Loop Fastener 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 Industrial Hook & Loop Fastener.

The Hook and Loop market is characterized by a diverse group of manufacturers, each contributing to product innovation and market expansion. Part of the leading companies:
Velcro: The original manufacturer and leader in the hook and loop fastener industry, known for its extensive product range and innovation.

3M: A global powerhouse in adhesive technologies, offering a variety of hook and loop products for industrial and consumer applications.

APLIX: A prominent French company specializing in fastening solutions, known for its high-quality products.

Kuraray Group: A Japanese manufacturer that focuses on developing innovative materials and fastening technologies.

YKK: Renowned for its zipper products, YKK also produces hook and loop fasteners, ensuring durability and reliability.

the top ten manufacturers account for approximately 64% of the global Hook and Loop market share, indicating a competitive landscape where innovation and quality are key to maintaining market positions.

The Asia-Pacific region is currently the largest consumer of Hook and Loop fasteners, driven by a growing manufacturing sector, increasing demand for consumer goods, and the rise of e-commerce. Countries like China, Japan, and India are leading the way in adopting Hook and Loop technologies across various industries.

North America: The region also holds a significant share of the market, supported by a strong demand for Hook and Loop in the footwear and apparel sector. The presence of major manufacturers further enhances its market position.

Europe: The European market is characterized by a focus on quality and innovation, with significant investments in research and development. Countries like Germany and France are notable markets within this region.

Development Trends:
Technological Advancements: The Hook and Loop industry is witnessing continuous advancements in materials and production techniques. Innovations such as enhanced adhesive properties, eco-friendly materials, and improved durability are driving market growth.

Sustainability Initiatives: As environmental concerns become more prominent, manufacturers are increasingly focusing on sustainable practices. This includes using recyclable materials and reducing waste during production processes.

Customization and Flexibility: The demand for customized Hook and Loop solutions is rising. Manufacturers are offering personalized options to meet specific customer needs, such as varying sizes, colors, and adhesive strengths.

Growing E-commerce: The rise of e-commerce has created new opportunities for Hook and Loop manufacturers. Online platforms are facilitating the distribution of Hook and Loop products to a broader audience, particularly in the consumer goods sector.

Health and Safety Awareness: Increased awareness of safety in various applications, especially in medical and industrial settings, is leading to higher demand for reliable fastening solutions like Hook and Loop.

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

Segmentation by Type:
    Nylon
    Polyester
    Others

Segmentation by Application:
    Footwear & Apparel
    Transportation
    Industrial Manufacturing
    Medical
    Other

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 analysing the company's coverage, product portfolio, its market penetration.
    Velcro
    3M
    APLIX
    Kuraray Group
    YKK
    Paiho
    Jianli
    Heyi
    Binder
    Shingyi
    Lovetex
    Essentra Components
    HALCO
    Krago (Krahnen & Gobbers)
    Dunlap
    DirecTex
    ISHI-INDUSTRIES
    Tesa
    Magic Fastners
    Siddharth Filaments Pvt. Ltd.
    Fangda Ribbon

Key Questions Addressed in this Report
What is the 10-year outlook for the global Industrial Hook & Loop Fastener market?
What factors are driving Industrial Hook & Loop Fastener market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Industrial Hook & Loop Fastener market opportunities vary by end market size?
How does Industrial Hook & Loop Fastener break out by Type, by Application?