Market Overview:
The global hook and loop tape market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for hook and loop tapes in footwears & apparel, transportation, industrial, medical and other applications. Additionally, the growing awareness about the benefits of using hook and loop tapes is also contributing to the growth of this market.
Product Definition:
Hook and Loop Tape is a type of fastener tape. The tape has tiny hooks on one side and loops on the other. It can be used to fasten two pieces of fabric or material together.
Nylon:
Nylon is a polymer and it's base material is carbon. It has the ability to be woven into very fine fibers which are called as filaments. These fibers can then be drawn together to form a tape or cloth of any desired shape and size.
Polyester:
Polyester is a synthetic fiber that occurs in nature as the seed coat of cotton. The most common type of polyester resin available for manufacturing hook and loop products includes High-Density Polyethylene (HDPE) and Low-Density Polyethylene (LDPE).
Application Insights:
The global demand for hook and loop tapes has witnessed a paradigm shift due to the growing need for safety equipment in industries such as transportation, medical, footwear and apparel. Footwear and apparel held the largest market share of over 30% in 2017 owing to increasing consumer spending on clothing. The segment is expected to grow at a significant rate over the forecast period.
Hook and loop tapes are used extensively in industrial applications including labeling systems, machine fastening systems where high strength is required along with excellent durability. They are also used extensively in automotive applications as they offer easy installation coupled with strong bonding properties which make them suitable for use on heavy duty vehicles such as trucks or buses where load capacity is important. Increasing usage of these products by governments across various sectors including healthcare & hygiene education aids has resulted in increased product demand globally thereby boosting industry growth over recent years since 2000-01 till date.
Regional Analysis:
North America held the largest market share in 2017 owing to the presence of a large number of manufacturers and exporters coupled with high demand for sports apparel, medical tapes, footwear and other applications. The region is expected to continue its dominance over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing product usage in industrial applications as it provides a reliable seal under extreme conditions. Increasing healthcare expenditure along with rising geriatric population has led to an increase in demand from medical industry which also drives regional growth.
Latin America is anticipated grow at a lucrative rate due to increasing disposable income especially among middle-class population groups resulting into increased adoption of hook and loop products for footwear, sports apparel, bags etc., thereby driving regional growth.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of fastening and sealing tapes in end-use applications
- Rising demand for Hook and Loop Tape in emerging countries
- Proliferation of online retailing platforms
- Technological advancements
Scope Of The Report
Report Attributes
Report Details
Report Title
Hook and Loop Tape Market Research Report
By Type
Nylon, Polyester, Others
By Application
Footwears & Apparel, Transportation, Industrial, Medical, Others
By Companies
Velcro (Hook & Loop), 3M, YKK, Dunlap, Paiho, Lovetex, HALCO, Krahnen?Gobbers, APLIX, DirecTex
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Hook and Loop Tape Market Report Segments:
The global Hook and Loop Tape market is segmented on the basis of:
Types
Nylon, Polyester, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Footwears & Apparel, Transportation, Industrial, Medical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Velcro (Hook & Loop)
- 3M
- YKK
- Dunlap
- Paiho
- Lovetex
- HALCO
- Krahnen?Gobbers
- APLIX
- DirecTex
Highlights of The Hook and Loop Tape Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Nylon
- Polyester
- Others
- By Application:
- Footwears & Apparel
- Transportation
- Industrial
- Medical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hook and Loop Tape Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hook and Loop Tape is a type of adhesive tape that has a loop on one side and a hook on the other. When you press the loop against something, the hook grabs onto it, while the loop keeps it in place.
Some of the major companies in the hook and loop tape market are Velcro (Hook & Loop), 3M, YKK, Dunlap, Paiho, Lovetex, HALCO, Krahnen?Gobbers, APLIX, DirecTex.
The hook and loop tape market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Hook and Loop Tape Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Hook and Loop Tape Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Hook and Loop Tape Market - Supply Chain
4.5. Global Hook and Loop Tape Market Forecast
4.5.1. Hook and Loop Tape Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Hook and Loop Tape Market Size (000 Units) and Y-o-Y Growth
4.5.3. Hook and Loop Tape Market Absolute $ Opportunity
5. Global Hook and Loop Tape Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Hook and Loop Tape Market Size and Volume Forecast by Type
5.3.1. Nylon
5.3.2. Polyester
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Hook and Loop Tape Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Hook and Loop Tape Market Size and Volume Forecast by Application
6.3.1. Footwears & Apparel
6.3.2. Transportation
6.3.3. Industrial
6.3.4. Medical
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Hook and Loop Tape Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Hook and Loop Tape Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Hook and Loop Tape Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Hook and Loop Tape Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Hook and Loop Tape Demand Share Forecast, 2019-2026
9. North America Hook and Loop Tape Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Hook and Loop Tape Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Hook and Loop Tape Market Size and Volume Forecast by Application
9.4.1. Footwears & Apparel
9.4.2. Transportation
9.4.3. Industrial
9.4.4. Medical
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Hook and Loop Tape Market Size and Volume Forecast by Type
9.7.1. Nylon
9.7.2. Polyester
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Hook and Loop Tape Demand Share Forecast, 2019-2026
10. Latin America Hook and Loop Tape Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Hook and Loop Tape Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Hook and Loop Tape Market Size and Volume Forecast by Application
10.4.1. Footwears & Apparel
10.4.2. Transportation
10.4.3. Industrial
10.4.4. Medical
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Hook and Loop Tape Market Size and Volume Forecast by Type
10.7.1. Nylon
10.7.2. Polyester
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Hook and Loop Tape Demand Share Forecast, 2019-2026
11. Europe Hook and Loop Tape Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Hook and Loop Tape Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Hook and Loop Tape Market Size and Volume Forecast by Application
11.4.1. Footwears & Apparel
11.4.2. Transportation
11.4.3. Industrial
11.4.4. Medical
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Hook and Loop Tape Market Size and Volume Forecast by Type
11.7.1. Nylon
11.7.2. Polyester
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Hook and Loop Tape Demand Share, 2019-2026
12. Asia Pacific Hook and Loop Tape Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Hook and Loop Tape Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Hook and Loop Tape Market Size and Volume Forecast by Application
12.4.1. Footwears & Apparel
12.4.2. Transportation
12.4.3. Industrial
12.4.4. Medical
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Hook and Loop Tape Market Size and Volume Forecast by Type
12.7.1. Nylon
12.7.2. Polyester
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Hook and Loop Tape Demand Share, 2019-2026
13. Middle East & Africa Hook and Loop Tape Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Hook and Loop Tape Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Hook and Loop Tape Market Size and Volume Forecast by Application
13.4.1. Footwears & Apparel
13.4.2. Transportation
13.4.3. Industrial
13.4.4. Medical
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Hook and Loop Tape Market Size and Volume Forecast by Type
13.7.1. Nylon
13.7.2. Polyester
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Hook and Loop Tape Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Hook and Loop Tape Market: Market Share Analysis
14.2. Hook and Loop Tape Distributors and Customers
14.3. Hook and Loop Tape Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Velcro (Hook & Loop)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. 3M
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. YKK
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dunlap
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Paiho
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lovetex
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. HALCO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Krahnen?Gobbers
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. APLIX
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. DirecTex
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook