The global Velcro (Hook & Loop) market was valued at 2191.15 Million USD in 2021 and will grow with a CAGR of 5.28% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

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

By Types:

Nylon

Polyester

By Applications:

Footwear & Apparel

Transportation

Industrial Manufacturing

Medical

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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