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.
The Velcro (Hook & Loop) mainly includes Nylon, Polyester. The Nylon Hook & Loop occupies the biggest part of the production. The main production base is located in China, accounting for about 45 % market share in 2018.
The global sales of Velcro (Hook & Loop) in 2018 have been over 120 million Sqm; The major consumption regions are North America, Mideast & Africa, Europe, Asia-Pacific, etc.
The technology of the Velcro (Hook & Loop) is relatively mature. The leading players are Velcro Inc, 3M, APLIX Inc., Kuraray Group which accounting for about 39% market share in term of revenue in 2018.
According to this study, over the next five years the Velcro (Hook & Loop) market will register a 4.0% CAGR in terms of revenue, the global market size will reach US$ 2630 million by 2024, from US$ 2160 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.
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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.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Footwear & Apparel
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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.
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 subsegments.
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.