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 accounting for about 44% market share in term of revenue in 2018.
In the future, the global Velcro (Hook & Loop) revenue would keep increasing with annual growth rate with 4~6%. We tend to believe that this industry still has a good future, considering the current demand of 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.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
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.
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
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 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.
Summary:
Get latest Market Research Reports on Velcro (Hook & Loop) . Industry analysis & Market Report on Velcro (Hook & Loop) is a syndicated market report, published as Global Velcro (Hook & Loop) Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Velcro (Hook & Loop) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.