Hook-and-Loop Fasteners Market

The global Hook-and-Loop Fasteners market was valued at 2150.42 Million USD in 2021 and will grow with a CAGR of 5.29% from 2021 to 2027, based on Research newly published report.

The prime objective of Hook-and-Loop Fasteners Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Hook-and-Loop Fasteners Market 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).

Hook-and-Loop Fasteners commonly 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 major manufacturers in the industry are Velcro, 3M and APLIX, whose revenue accounts for 22.75%, 8.67% and 8.36% respectively in 2019. According to the region, the Asia Pacific region accounts for the highest revenue, more than 40.79%.

By Market Verdors:

Velcro

3M

APLIX

Kuraray Group

YKK

Paiho

Jianli

Heyi

Binder

Shingyi

Lovetex

Essentra Components

HALCO

Krahnen&Gobbers

Dunlap

DirecTex

Jieji

Tesa

By Types:

Nylon Hook and Loop

Polyester Hook and Loop

By Applications:

Footwear and 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.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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