Key players in Hook and Loop Market include Velcro, 3M, YKK, APLIX, etc.
1 Velcro
Velcro is a manufacturer of hook and loop fasteners. Its products include professional series trade range, plastic hooks, adhesive options, textile hook and loop fasteners and closures, converted and fabricated products, etc. The company caters to the military, automotive, and construction sectors.
Table Velcro Corporation Information
Item | Description |
Company Name | Velcro |
Website | www.velcro.com |
Establish Date | 1957 |
Manufacturing Bases | Belgium, Canada, China, Mexico, Spain, United States and Uruguay |
Sales Regions | Worldwide |
Headquarters | UK |
Contact Information | Tel: (+1) 800 225 0180 Add: Booths Park 3, Chelford Road, Knutsford, Cheshire, WA16 8GS, United Kingdom |
Table Hook and Loop Products Offered
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VELCRO® BRAND GENERAL PURPOSE FASTENERS VELCRO® Brand General Purpose hook and loop fasteners are a quick and easy solution for organizing & connecting frequently used items. They are available in squares, dots, strips, and tapes and come in a range of different sizes and colors. Perfect for everyday indoor applications. |
The sales volume fluctuated over the years, with a peak in 2019 at 46,559 K Sqm, a dip in 2020 to 40,361 K Sqm, and then an increase to 50,171 K Sqm in 2023.
The price per square meter showed a general decrease from 2018 ($10.03/Sqm) to 2020 ($9.72/Sqm), with a slight increase in 2021 ($9.93/Sqm) and 2022 ($9.84/Sqm), and then stabilized at $9.74/Sqm in 2023.
The total market value also varied, with a high in 2019 at $453.28 million, a low in 2020 at $392.48 million, and an increase to $488.46 million by 2023.
Gross revenue followed a similar pattern to the market value, with a peak in 2019 at $110.85 million, a decrease in 2020 to $95.22 million, and an increase to $123.44 million in 2023.
The gross margin started at 24.98% in 2018, decreased to 24.45% in 2019, and then showed slight fluctuations, ending at 25.27% in 2023.
Table Velcro Hook and Loop Sales, Price, Value and Gross Margin (2018-2023)
Velcro | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Sales (K Sqm) | 43311 | 46559 | 40361 | 43018 | 46462 | 50171 |
Price (USD/Sqm) | 10.03 | 9.74 | 9.72 | 9.93 | 9.84 | 9.74 |
Value (M USD) | 434.29 | 453.28 | 392.48 | 427.18 | 457.10 | 488.46 |
Gross (M USD) | 108.48 | 110.85 | 95.22 | 106.42 | 115.04 | 123.44 |
Gross Margin | 24.98% | 24.45% | 24.26% | 24.91% | 25.17% | 25.27% |
2 3M
3M Company develops, manufactures, and markets various products worldwide. It operates through four business segments: Safety & Industrial, Transportation & Electronics, Health Care, and Consumer.
The Safety & Industrial segment offers personal safety products, adhesives and tapes, abrasives, closure and masking systems, electrical markets, automotive aftermarket, and roofing granules.
The Transportation & Electronics provides electronics, such as display materials and systems, electronic materials solutions; automotive, aerospace, and commercial solutions; advanced materials; and transportation safety products. This segment serves transportation and electronic original equipment manufacturer customers.
The Health Care segment offers medical solutions, oral care, separation and purification sciences, health information systems, drug delivery systems, and food safety products. The Consumer segment provides home improvement, home care, and consumer health care products, as well as stationery and office supplies.
Table 3M Corporation Information
Item | Description |
Company Name | 3M |
Website | www.3m.com |
Establish Date | 1902 |
Manufacturing Bases | USA |
Sales Regions | Worldwide |
Headquarters | USA |
Contact Information | Tel: 1-800-328-6276 Add: 3M Center, St. Paul, MN 55144-1000, USA |
Table Hook and Loop Products Offered
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3M™ Hook and Loop Fasteners A Flexible, Efficient Reclosure Option You want your closure to go on easily but securely, be conformable to your part shape and stay closed until you’re ready for it to easily peel open. 3M™ Hook and Loop Fasteners offer maximum flexibility to both the shape of your part and for product design and manufacturing.
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Sales peaked in 2019 at 51,635 K Sqm and then experienced a decline, reaching 41,528 K Sqm in 2021. There was a recovery in 2022 with 45,470 K Sqm, and further growth to 47,941 K Sqm in 2023.
The price per square meter has been relatively stable, starting at $10.15 in 2018, decreasing to $9.72 in 2019, and then fluctuating slightly to $9.74 until 2022. In 2023, the price was $9.42, which is the lowest in the given period.
The total market value followed the trend of sales, with a high in 2019 at $501.81 million, a low in 2021 at $414.95 million, and an increase to $451.81 million in 2023.
Gross revenue also peaked in 2019 at $127.29 million, dropped to $105.52 million in 2020, and then fluctuated, reaching $111.58 million in 2023.
The gross margin started at 26.11% in 2018, decreased to 25.37% in 2019, and then remained relatively stable with minor fluctuations, ending at 24.70% in 2023.
Table 3M Hook and Loop Sales, Price, Value and Gross Margin (2018-2023)
3M | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Sales (K Sqm) | 45737 | 51635 | 42828 | 41528 | 45470 | 47941 |
Price (USD/Sqm) | 10.15 | 9.72 | 9.71 | 9.99 | 9.74 | 9.42 |
Value (M USD) | 464.12 | 501.81 | 415.95 | 414.95 | 442.69 | 451.81 |
Gross (M USD) | 121.17 | 127.29 | 105.52 | 106.92 | 111.23 | 111.58 |
Gross Margin | 26.11% | 25.37% | 25.37% | 25.77% | 25.13% | 24.70% |
3 YKK
YKK Corporation manufactures and sells fastening and architectural products worldwide. The company’s fastening products include zippers, hook-and-loop fasteners, fabric tapes and plastic products, snaps and buttons, and others. Its architectural products comprise windows, doors, and building facades.
Table YKK Corporation Information
Item | Description |
Company Name | YKK |
Website | www.ykk.com |
Establish Date | 1934 |
Japan, USA | |
Worldwide | |
Headquarters | Japan |
Contact Information | Tel: +81-765-54-8000 Add: 200, Yoshida Kurobe City, Toyama 938-8601, Japan |
Table Hook and Loop Products Offered
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WEBTOUCH® Hook and loop are directly woven onto Nylon Webbing tape. No need to sew hook and loop on webbing tape. It’s suitable for band. Application Industrial Medical/Sanitary |
Sales started at 17,637 K Sqm in 2018, decreased to 14,966 K Sqm in 2019, and then saw a significant drop to 15,298 K Sqm in 2020. Sales recovered in 2021 with 20,466 K Sqm, slightly decreased in 2022 to 20,318 K Sqm, and then increased again to 21,143 K Sqm in 2023.
The price per square meter was relatively stable, starting at $12.78 in 2018, decreasing to $12.44 in 2019, and then experiencing minor fluctuations, ending at $11.99 in 2023.
The total market value followed the trend of sales, with a high in 2018 at $225.46 million, a low in 2020 at $190.56 million, and an increase to $253.46 million in 2023.
Gross revenue peaked in 2021 at $73.54 million, after starting at $62.00 million in 2018, dropping to $51.03 million in 2019, and then fluctuating until 2023, where it was $68.00 million.
The gross margin was at its highest in 2021 at 28.07%, started at 27.50% in 2018, decreased to 27.41% in 2019, and then fluctuated, ending at 26.83% in 2023.
Table YKK Hook and Loop Sales, Price, Value and Gross Margin (2018-2023)
YKK | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Sales (K Sqm) | 17637 | 14966 | 15298 | 20466 | 20318 | 21143 |
Price (USD/Sqm) | 12.78 | 12.44 | 12.46 | 12.80 | 12.49 | 11.99 |
Value (M USD) | 225.46 | 186.19 | 190.56 | 261.99 | 253.70 | 253.46 |
Gross (M USD) | 62.00 | 51.03 | 52.97 | 73.54 | 69.39 | 68.00 |
Gross Margin | 27.50% | 27.41% | 27.80% | 28.07% | 27.35% | 26.83% |
4 APLIX
Aplix S.A. develops and manufactures hook and loop fastening solutions for hygiene, automotive, aircraft, medical, cleaning, military, building, packaging, and other markets. It offers various textile products that include hooks and loops, mushrooms and loops, knitted loop tapes, warp knit loops, and non-woven loops; plastic products, such as hook to hook closures and plastic hooks; activated and non-activated stretch products; and converting products and coatings.
Table APLIX Corporation Information
Item | Description |
Company Name | APLIX |
Website | www.aplix.com |
Establish Date | 1958 |
Manufacturing Bases | United States, France, Brazil and China |
Sales Regions | Worldwide |
Headquarters | France |
Contact Information | Tel: +33 (0)2 28 22 00 00 Add: Z.A Les Relandières – RD 723, 44850 LE CELLIER, France |
Table Hook and Loop Products Offered
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High cycle life closure (10 000 cycles) aplix® 800
High quality hook and loop closure with texturized loop. Recommended for applications requiring a very high cycle life (10 000 cycles) with excellent performance characteristics.
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Sales have generally increased over the years, starting at 14,750 K Sqm in 2018 and reaching 19,165 K Sqm in 2023, with a slight dip in 2020 to 16,027 K Sqm.
The price per square meter has shown a slight decrease over the period, from $11.17 in 2018 to $10.64 in 2023, with some minor fluctuations in between.
The total market value has increased from $164.73 million in 2018 to $203.84 million in 2023.
Gross revenue has also shown an upward trend, starting at $41.44 million in 2018 and reaching $50.35 million in 2023.
The gross margin has been relatively stable, starting at 25.16% in 2018 and ending at 24.70% in 2023, with minor variations in between.
Table APLIX Hook and Loop Sales, Price, Value and Gross Margin (2018-2023)
APLIX | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
Sales (K Sqm) | 14750 | 15809 | 16027 | 16191 | 18580 | 19165 |
Price (USD/Sqm) | 11.17 | 10.76 | 10.83 | 11.19 | 10.85 | 10.64 |
Value (M USD) | 164.73 | 170.15 | 173.54 | 181.25 | 201.61 | 203.84 |
Gross (M USD) | 41.44 | 42.50 | 43.91 | 46.27 | 50.66 | 50.35 |
Gross Margin | 25.16% | 24.98% | 25.30% | 25.53% | 25.13% | 24.70% |
