Hook and Loop Product Market Report: Trends, Forecast and Competitive Analysis to 2030

Hook and Loop Product Trends and Forecast

The future of the global hook and loop product market looks promising with opportunities in the footwear & apparel, transportation, industrial manufacturing, medical, and automotive markets. The global hook and loop product market is expected to reach an estimated $2.8 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increased demand for lightweight and reusable fasteners and growing adoption of these products in the footwear and apparel applications.

A more than 150-page report is developed to help in your business decisions.

Hook and Loop Product by Segment

The study includes a forecast for the global hook and loop product by type, application, and region.

Hook and Loop Product Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Nylon Hook & Loop
• Polyester Hook & Loop
• Others

Hook and Loop Product Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Footwear & Apparel
• Transportation
• Industrial Manufacturing
• Medical
• Automotive
• Others

Hook and Loop Product Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Hook and Loop Product Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hook and loop product companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hook and loop product companies profiled in this report include-

• 3M
• DirecTex
• HALCO
• Dunlap Industries
• APLIX
• Ykk
• Kuraray
• Heyi
• Shingyi
• Binder

Hook and Loop Product Market Insights

Lucintel forecasts that nylon hook & loop is expected to witness the higher growth over the forecast period as it is lightweight, durable, and resistant to changes in temperature.

Within this market, footwear & apparel will remain the largest segment because it offers comfort and ease of use to a younger and older age group that struggles with tying shoelaces.

APAC is expected to witness highest growth over the forecast period due to the region's growing demand for the appareel and footwear product and expanding e-commerce platform in the region.

Features of the Global Hook and Loop Product Market

Market Size Estimates: Hook and loop product market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Hook and loop product market size by type, application, and region in terms of value ($B).

Regional Analysis: Hook and loop product market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the hook and loop product market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hook and loop product market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the hook and loop product market size?

Answer: The global hook and loop product market is expected to reach an estimated $2.8 billion by 2030.

Q2. What is the growth forecast for hook and loop product market?

Answer: The global hook and loop product market is expected to grow with a CAGR of 4.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the hook and loop product market?

Answer: The major drivers for this market are increased demand for lightweight and reusable fasteners and growing adoption of these products in the footwear and apparel applications.

Q4. What are the major segments for hook and loop product market?

Answer: The future of the hook and loop product market looks promising with opportunities in the footwear & apparel, transportation, industrial manufacturing, medical, and automotive markets.

Q5. Who are the key hook and loop product market companies?

Answer: Some of the key hook and loop product companies are as follows.

• 3M
• DirecTex
• HALCO
• Dunlap Industries
• APLIX
• Ykk
• Kuraray
• Heyi
• Shingyi
• Binder

Q6. Which hook and loop product market segment will be the largest in future?

Answer: Lucintel forecasts that nylon hook & loop is expected to witness the higher growth over the forecast period as it is lightweight, durable, and resistant to changes in temperature.

Q7. In hook and loop product market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to the region's growing demand for the appareel and footwear product and expanding e-commerce platform in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the hook and loop product market by type (nylon hook & loop, polyester hook & loop, and others), application (footwear & apparel, transportation, industrial manufacturing, medical, automotive, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?