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Velcro Market, Global Outlook and Forecast 2023-2029

Writer's picture: krish mundekrish munde

The global Velcro market was valued at US$ 2343.8 million in 2022 and is projected to reach US$ 3251 million by 2029, at a CAGR of 4.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


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.


This report aims to provide a comprehensive presentation of the global market for Velcro, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Velcro. This report contains market size and forecasts of Velcro in global, including the following market information:


  • Global Velcro Market Revenue, 2018-2023, 2024-2029, ($ millions)

  • Global Velcro Market Sales, 2018-2023, 2024-2029, (K Sqm)

  • Global top five Velcro companies in 2022 (%)


Asia-Pacific is the largest consumption market, accounting for about 53% of market share in 2019, in terms of volume.

The Velcro (Hook & Loop) industry is relatively scattered. The leading players are Velcro Inc, 3M, APLIX Inc., Kuraray Group and YKK. The Top 5 accounted for about 51% of the global revenue share in 2019.

we surveyed the Velcro manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:


Global Velcro Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Sqm)

Global Velcro Market Segment Percentages, by Type, 2022 (%)


  • Nylon

  • Polyester

  • Others


Global Velcro Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Sqm)

Global Velcro Market Segment Percentages, by Application, 2022 (%)


  • Footwears & Apparel

  • Transportation

  • Industrial

  • Medical

  • Others


Global Velcro Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Sqm)

Global Velcro Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)


Competitor Analysis


The report also provides analysis of leading market participants including:


  • Key companies Velcro revenues in global market, 2018-2023 (Estimated), ($ millions)

  • Key companies Velcro revenues share in global market, 2022 (%)

  • Key companies Velcro sales in global market, 2018-2023 (Estimated), (K Sqm)

  • Key companies Velcro sales share in global market, 2022 (%)

key players include:


  • 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


Outline of Major Chapters:

Chapter 1: Introduces the definition of Velcro, market overview.

Chapter 2: Global Velcro market size in revenue and volume.

Chapter 3: Detailed analysis of Velcro manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Velcro in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Velcro capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.


Table of content

1 Introduction to Research & Analysis Reports 1.1 Velcro Market Definition 1.2 Market Segments 1.2.1 Market by Type 1.2.2 Market by Application 1.3 Global Velcro Market Overview 1.4 Features & Benefits of This Report 1.5 Methodology & Sources of Information 1.5.1 Research Methodology 1.5.2 Research Process 1.5.3 Base Year 1.5.4 Report Assumptions & Caveats 2 Global Velcro Overall Market Size 2.1 Global Velcro Market Size: 2022 VS 2029 2.2 Global Velcro Revenue, Prospects & Forecasts: 2018-2029 2.3 Global Velcro Sales: 2018-2029 3 Company Landscape 3.1 Top Velcro Players in Global Market 3.2 Top Global Velcro Companies Ranked by Revenue 3.3 Global Velcro Revenue by Companies 3.4 Global Velcro Sales by Companies 3.5 Global Velcro Price by Manufacturer (2018-2023) 3.6 Top 3 and Top 5 Velcro Companies in Global Market, by Revenue in 2022 3.7 Global Manufacturers Velcro Product Type 3.8 Tier 1, Tier 2 and Tier 3 Velcro Players in Global Market 3.8.1 List of Global Tier 1 Velcro Companies 3.8.2 List of Global Tier 2 and Tier 3 Velcro Companies 4 Sights by Product 4.1 Overview 4.1.1 By Type - Global Velcro Market Size Markets, 2022 & 2029 4.1.2 Nylon 4.1.3 Polyester 4.1.4 Others 4.2 By Type - Global Velcro Revenue & Forecasts 4.2.1 By Type - Global Velcro Revenue, 2018-2023

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