The Global report on “Velcro (Hook & Loop) Market in South Korea – Manufacturing and Consumption, Outlook and Forecast 2020-2026” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.
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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 contains market size and forecasts of Velcro (Hook & Loop) in South Korea, including the following market information:
South Korea Velcro (Hook & Loop) Market Revenue, 2015-2020, 2021-2026, ($ millions)
South Korea Velcro (Hook & Loop) Market Consumption, 2015-2020, 2021-2026, (K Sqm)
South Korea Velcro (Hook & Loop) Production Capacity, 2015-2020, 2021-2026, (K Sqm)
Top Five Competitors in South Korea Velcro (Hook & Loop) Market 2019 (%)
The global Velcro (Hook & Loop) market was valued at 2345.5 million in 2019 and is projected to reach US$ 2817.3 million by 2026, at a CAGR of 4.7% during the forecast period. While the Velcro (Hook & Loop) market size in South Korea was US$ XX million in 2019, and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2020-2026.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Velcro (Hook & Loop) manufacturers, suppliers, distributors and industry experts on the impacts of the COVID-19 pandemic on businesses, with top challenges including ingredients and raw material delays, component and packaging shortages, reduced/cancelled orders from clients and consumers, and closures of production lines in some impacted areas.
This report also analyses and evaluates the COVID-19 impact on Velcro (Hook & Loop) production and consumption in South Korea
Total Market by Segment:
South Korea Velcro (Hook & Loop) Market, By Type, 2015-2020, 2021-2026 ($ millions) & (K Sqm)
South Korea Velcro (Hook & Loop) Market Segment Percentages, By Type, 2019 (%)
South Korea Velcro (Hook & Loop) Market, By Application, 2015-2020, 2021-2026 ($ millions) & (K Sqm)
South Korea Velcro (Hook & Loop) Market Segment Percentages, By Application, 2019 (%)
– Footwear & Apparel
– Industrial Manufacturing
The report also provides analysis of leading market participants including:
Total Velcro (Hook & Loop) Market Competitors Revenues in South Korea, by Players 2015-2020 (Estimated), ($ millions)
Total Velcro (Hook & Loop) Market Competitors Revenues Share in South Korea, by Players 2019 (%)
Total South Korea Velcro (Hook & Loop) Market Competitors Sales, by Players 2015-2020 (Estimated), (K Sqm)
Total South Korea Velcro (Hook & Loop) Market Competitors Sales Market Share by Players 2019 ($ millions)
Further, the report presents profiles of competitors in the market, including the following:
– Kuraray Group
– Essentra Components
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