Global Hook & Loop Products Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Application;

Footwear & Apparel, Transportation, Industrial Manufacturing, Medical, Automotive, and Other.

By End-User Industry;

Rubber, Wood processing, Plastic, Paper, Automotive, Glass, and Electrical & Electronics.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn741780430 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Hook & Loop Products Market (USD Million), 2021 - 2031

In the year 2024, the Global Hook & Loop Products Market was valued at USD 3,671.59 million. The size of this market is expected to increase to USD 5,376.52 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.6%.

The global hook and loop products market is experiencing significant growth, driven by the widespread application of these fastening solutions across various industries. Hook and loop fasteners, also known as Velcro, offer a versatile and reliable fastening method that is easy to use and highly effective. These products are used in a range of applications, from textiles and apparel to medical devices and industrial equipment. Their ability to provide a secure closure while allowing for quick and easy adjustments makes them a preferred choice in many sectors.

The increasing demand for hook and loop products is fueled by their benefits such as durability, reusability, and ease of maintenance. Innovations in materials and technology have further enhanced the performance and versatility of these fasteners. The market is witnessing a surge in demand driven by the expanding applications in the fashion industry, automotive sector, and healthcare, among others. Additionally, the rising trend of custom and specialty hook and loop products is contributing to the market's growth, as manufacturers strive to meet the specific needs of diverse applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By End-User Industry
    3. Market Snapshot, By Region
  4. Global Hook & Loop Products Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand in Textile and Apparel Sector

        2. Increased Adoption in Automotive Applications

        3. Rising Usage in Healthcare and Medical Devices

      2. Restraints
        1. High Production Costs

        2. Intense Competition from Alternative Fastening Solutions

        3. Market Saturation in Developed Regions

      3. Opportunities
        1. Growing Demand in Healthcare and Medical Applications

        2. Expansion in Emerging Markets

        3. Technological Advancements in Product Design

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hook & Loop Products Market, By Application, 2021 - 2031 (USD Million)
      1. Footwear & Apparel
      2. Transportation
      3. Industrial Manufacturing
      4. Medical
      5. Automotive
    2. Global Hook & Loop Products Market, By End-User Industry, 2021 - 2031 (USD Million)
      1. Rubber
      2. Wood processing
      3. Plastic
      4. Paper
      5. Automotive
      6. Glass
      7. Electrical & Electronics
    3. Global Hook & Loop Products Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. 3M
      2. Paiho North America Corporation
      3. Jianli Sticky Ribbon Co., Ltd.
      4. Gottlieb Binder GmbH & Co. KG
      5. LOVETEX INDUSTRIAL CORP.
      6. Essentra plc
  7. Analyst Views
  8. Future Outlook of the Market