Global Velcro (Hook & Loop) Market Growth 2025-2031

January 2025 | 163 pages | ID: G678CEF65FCEN
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The global Velcro (Hook & Loop) market size is predicted to grow from US$ 2731 million in 2025 to US$ 3667 million in 2031; it is expected to grow at a CAGR of 5.0% from 2025 to 2031.

Velcro (Hook and 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.

The global Velcro market is characterized by a diverse group of leading manufacturers who are pivotal in driving innovation and maintaining market growth.

According to recent statistics, the top ten manufacturers account for approximately 64% of the global Velcro market share, indicating a competitive landscape where innovation and quality are essential for maintaining market positions.

The Velcro market can be segmented into various types, which include:

Nylon Hook and Loop Fasteners: This is the most commonly used type, known for its strength, durability, and resistance to wear and tear. Nylon fasteners are often used in applications that require frequent engagement and disengagement.

Polyester Hook and Loop Fasteners: While polyester is not as strong as nylon, it offers good strength and is often used in cost-sensitive applications. Its resistance to environmental factors makes it a popular choice in various sectors.

Others: This category includes specialized Velcro products made from alternative materials designed for specific applications.

The applications of Velcro fasteners can be categorized as follows:

Footwear and Apparel: This segment represents the largest share of the market, encompassing shoes, clothing, and accessories. The ease of use and versatility of Velcro make it a preferred choice in fashion, especially for children’s products, elderly care, and adaptive clothing.

Transportation: Velcro is widely used in the automotive and aerospace industries for securing loose items and various interior applications. Its lightweight nature and adaptability make it suitable for these applications.

Industrial Manufacturing: In this sector, Velcro fasteners are employed in assembly processes and product design due to their reusability and strength. They are particularly valuable in manufacturing settings that require frequent handling and adjustment.

Medical: The healthcare sector utilizes Velcro for medical devices, supports, and wearable technologies, benefiting from its adjustability and comfort.

The Asia-Pacific region is currently the largest consumer of Velcro fasteners, driven by rapid industrial growth, increasing demand for consumer goods, and the rise of e-commerce. Countries such as China, Japan, and India are leading in the adoption of Velcro technology across various industries. The region's extensive manufacturing capabilities and focus on innovation contribute to its dominant market position.

North America also holds a significant share of the Velcro market, primarily supported by robust demand in the footwear and apparel sectors. The presence of major manufacturers and a growing emphasis on quality and innovation further bolster the region's market strength.

The European market is characterized by a strong focus on quality and sustainability. Countries like Germany and France have made considerable investments in research and development, resulting in advanced Velcro products that cater to various applications. The increasing demand for eco-friendly fastening solutions is also shaping the market landscape in Europe.

Several factors are driving the growth of the Velcro market:

Growing Demand for Versatile Fastening Solutions: The need for flexible and easy-to-use fastening solutions across various industries has propelled the adoption of Velcro. Its versatility allows it to be used in numerous applications, from fashion to healthcare.

Innovation and Product Development: Continuous advancements in materials and production techniques have led to the development of high-performance Velcro products. Manufacturers are focusing on enhancing adhesive properties and introducing eco-friendly materials to attract environmentally conscious consumers.

Rising E-commerce: The boom in e-commerce has expanded the reach of Velcro products, allowing manufacturers to tap into new customer bases. Online platforms facilitate the distribution of Velcro fasteners to a broader audience, particularly in consumer goods.

Increased Health and Safety Awareness: The growing awareness of safety in various applications, especially in medical and industrial settings, is leading to higher demand for reliable fastening solutions like Velcro.

Despite the promising growth, the Velcro market faces several challenges:

Competition from Alternative Fastening Solutions: The presence of other fastening technologies, such as buttons, zippers, and adhesive tapes, poses a competitive threat to Velcro. Manufacturers must continuously innovate to maintain their market share.

Price Sensitivity: In certain segments, particularly in developing regions, price sensitivity can limit the growth of Velcro products. Cost-effective alternatives may be preferred, affecting the market’s overall expansion.

Environmental Concerns: As sustainability becomes a priority for consumers, the environmental impact of Velcro production and disposal could pose challenges. Manufacturers need to adopt more sustainable practices and materials to meet evolving consumer expectations.

Limited Awareness in Niche Markets: While Velcro is well-known in certain sectors, there may still be limited awareness in niche markets where alternative fastening solutions are traditionally preferred. Expanding market education and awareness could be necessary for further growth.

Development Trends:

Sustainability Initiatives: With growing concerns about environmental impact, manufacturers are increasingly adopting sustainable practices. This includes using recyclable materials and minimizing waste during production. Developing eco-friendly Velcro options will cater to environmentally conscious consumers.

Customization and Flexibility: The demand for customized Velcro solutions is on the rise. Manufacturers are offering personalized options to meet specific customer needs, including varying sizes, colors, and adhesive strengths.

Technological Advancements: Continuous innovation in materials and technology is a significant trend in the Velcro market. Manufacturers are exploring new adhesives, fabrics, and manufacturing techniques to improve product performance and functionality.

Health and Safety Compliance: As industries focus more on health and safety, especially in medical and industrial applications, Velcro products that comply with strict safety standards are gaining traction. This trend is likely to shape product development and marketing strategies.

LP Information, Inc. (LPI) ' newest research report, the “Velcro (Hook & Loop) Industry Forecast” looks at past sales and reviews total world Velcro (Hook & Loop) sales in 2024, providing a comprehensive analysis by region and market sector of projected Velcro (Hook & Loop) sales for 2025 through 2031. With Velcro (Hook & Loop) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Velcro (Hook & Loop) industry.

This Insight Report provides a comprehensive analysis of the global Velcro (Hook & Loop) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Velcro (Hook & Loop) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Velcro (Hook & Loop) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Velcro (Hook & Loop) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Velcro (Hook & Loop).

This report presents a comprehensive overview, market shares, and growth opportunities of Velcro (Hook & Loop) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
  • Nylon
  • Polyester
  • Others
Segmentation by Application:
  • Footwear & Apparel
  • Transportation
  • Industrial Manufacturing
  • Medical
  • Others
This report also splits the market by region:
  • Americas
    • United States
    • Canada
    • Mexico
    • Brazil
  • APAC
    • China
    • Japan
    • Korea
    • Southeast Asia
    • India
    • Australia
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
  • Middle East & Africa
    • Egypt
    • South Africa
    • Israel
    • Turkey
    • GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
  • Velcro
  • 3M
  • APLIX
  • Kuraray Group
  • YKK
  • Paiho
  • Jianli
  • Heyi
  • Binder
  • Shingyi
  • Lovetex
  • Essentra Components
  • HALCO
  • Krago (Krahnen & Gobbers)
  • Dunlap
  • DirecTex
  • ISHI-INDUSTRIES
  • Tesa
  • Magic Fastners
  • Siddharth Filaments Pvt. Ltd.
  • Fangda Ribbon
Key Questions Addressed in this Report

What is the 10-year outlook for the global Velcro (Hook & Loop) market?

What factors are driving Velcro (Hook & Loop) market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Velcro (Hook & Loop) market opportunities vary by end market size?

How does Velcro (Hook & Loop) break out by Type, by Application?
1 SCOPE OF THE REPORT

1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats

2 EXECUTIVE SUMMARY

2.1 World Market Overview
  2.1.1 Global Velcro (Hook & Loop) Annual Sales 2020-2031
  2.1.2 World Current & Future Analysis for Velcro (Hook & Loop) by Geographic Region, 2020, 2024 & 2031
  2.1.3 World Current & Future Analysis for Velcro (Hook & Loop) by Country/Region, 2020, 2024 & 2031
2.2 Velcro (Hook & Loop) Segment by Type
  2.2.1 Nylon
  2.2.2 Polyester
  2.2.3 Others
2.3 Velcro (Hook & Loop) Sales by Type
  2.3.1 Global Velcro (Hook & Loop) Sales Market Share by Type (2020-2025)
  2.3.2 Global Velcro (Hook & Loop) Revenue and Market Share by Type (2020-2025)
  2.3.3 Global Velcro (Hook & Loop) Sale Price by Type (2020-2025)
2.4 Velcro (Hook & Loop) Segment by Application
  2.4.1 Footwear & Apparel
  2.4.2 Transportation
  2.4.3 Industrial Manufacturing
  2.4.4 Medical
  2.4.5 Others
2.5 Velcro (Hook & Loop) Sales by Application
  2.5.1 Global Velcro (Hook & Loop) Sale Market Share by Application (2020-2025)
  2.5.2 Global Velcro (Hook & Loop) Revenue and Market Share by Application (2020-2025)
  2.5.3 Global Velcro (Hook & Loop) Sale Price by Application (2020-2025)

3 GLOBAL BY COMPANY

3.1 Global Velcro (Hook & Loop) Breakdown Data by Company
  3.1.1 Global Velcro (Hook & Loop) Annual Sales by Company (2020-2025)
  3.1.2 Global Velcro (Hook & Loop) Sales Market Share by Company (2020-2025)
3.2 Global Velcro (Hook & Loop) Annual Revenue by Company (2020-2025)
  3.2.1 Global Velcro (Hook & Loop) Revenue by Company (2020-2025)
  3.2.2 Global Velcro (Hook & Loop) Revenue Market Share by Company (2020-2025)
3.3 Global Velcro (Hook & Loop) Sale Price by Company
3.4 Key Manufacturers Velcro (Hook & Loop) Producing Area Distribution, Sales Area, Product Type
  3.4.1 Key Manufacturers Velcro (Hook & Loop) Product Location Distribution
  3.4.2 Players Velcro (Hook & Loop) Products Offered
3.5 Market Concentration Rate Analysis
  3.5.1 Competition Landscape Analysis
  3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy

4 WORLD HISTORIC REVIEW FOR VELCRO (HOOK & LOOP) BY GEOGRAPHIC REGION

4.1 World Historic Velcro (Hook & Loop) Market Size by Geographic Region (2020-2025)
  4.1.1 Global Velcro (Hook & Loop) Annual Sales by Geographic Region (2020-2025)
  4.1.2 Global Velcro (Hook & Loop) Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Velcro (Hook & Loop) Market Size by Country/Region (2020-2025)
  4.2.1 Global Velcro (Hook & Loop) Annual Sales by Country/Region (2020-2025)
  4.2.2 Global Velcro (Hook & Loop) Annual Revenue by Country/Region (2020-2025)
4.3 Americas Velcro (Hook & Loop) Sales Growth
4.4 APAC Velcro (Hook & Loop) Sales Growth
4.5 Europe Velcro (Hook & Loop) Sales Growth
4.6 Middle East & Africa Velcro (Hook & Loop) Sales Growth

5 AMERICAS

5.1 Americas Velcro (Hook & Loop) Sales by Country
  5.1.1 Americas Velcro (Hook & Loop) Sales by Country (2020-2025)
  5.1.2 Americas Velcro (Hook & Loop) Revenue by Country (2020-2025)
5.2 Americas Velcro (Hook & Loop) Sales by Type (2020-2025)
5.3 Americas Velcro (Hook & Loop) Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil

6 APAC

6.1 APAC Velcro (Hook & Loop) Sales by Region
  6.1.1 APAC Velcro (Hook & Loop) Sales by Region (2020-2025)
  6.1.2 APAC Velcro (Hook & Loop) Revenue by Region (2020-2025)
6.2 APAC Velcro (Hook & Loop) Sales by Type (2020-2025)
6.3 APAC Velcro (Hook & Loop) Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan

7 EUROPE

7.1 Europe Velcro (Hook & Loop) by Country
  7.1.1 Europe Velcro (Hook & Loop) Sales by Country (2020-2025)
  7.1.2 Europe Velcro (Hook & Loop) Revenue by Country (2020-2025)
7.2 Europe Velcro (Hook & Loop) Sales by Type (2020-2025)
7.3 Europe Velcro (Hook & Loop) Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia

8 MIDDLE EAST & AFRICA

8.1 Middle East & Africa Velcro (Hook & Loop) by Country
  8.1.1 Middle East & Africa Velcro (Hook & Loop) Sales by Country (2020-2025)
  8.1.2 Middle East & Africa Velcro (Hook & Loop) Revenue by Country (2020-2025)
8.2 Middle East & Africa Velcro (Hook & Loop) Sales by Type (2020-2025)
8.3 Middle East & Africa Velcro (Hook & Loop) Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 MARKET DRIVERS, CHALLENGES AND TRENDS

9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends

10 MANUFACTURING COST STRUCTURE ANALYSIS

10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Velcro (Hook & Loop)
10.3 Manufacturing Process Analysis of Velcro (Hook & Loop)
10.4 Industry Chain Structure of Velcro (Hook & Loop)

11 MARKETING, DISTRIBUTORS AND CUSTOMER

11.1 Sales Channel
  11.1.1 Direct Channels
  11.1.2 Indirect Channels
11.2 Velcro (Hook & Loop) Distributors
11.3 Velcro (Hook & Loop) Customer

12 WORLD FORECAST REVIEW FOR VELCRO (HOOK & LOOP) BY GEOGRAPHIC REGION

12.1 Global Velcro (Hook & Loop) Market Size Forecast by Region
  12.1.1 Global Velcro (Hook & Loop) Forecast by Region (2026-2031)
  12.1.2 Global Velcro (Hook & Loop) Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Velcro (Hook & Loop) Forecast by Type (2026-2031)
12.7 Global Velcro (Hook & Loop) Forecast by Application (2026-2031)

13 KEY PLAYERS ANALYSIS

13.1 Velcro
  13.1.1 Velcro Company Information
  13.1.2 Velcro Velcro (Hook & Loop) Product Portfolios and Specifications
  13.1.3 Velcro Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.1.4 Velcro Main Business Overview
  13.1.5 Velcro Latest Developments
13.2 3M
  13.2.1 3M Company Information
  13.2.2 3M Velcro (Hook & Loop) Product Portfolios and Specifications
  13.2.3 3M Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.2.4 3M Main Business Overview
  13.2.5 3M Latest Developments
13.3 APLIX
  13.3.1 APLIX Company Information
  13.3.2 APLIX Velcro (Hook & Loop) Product Portfolios and Specifications
  13.3.3 APLIX Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.3.4 APLIX Main Business Overview
  13.3.5 APLIX Latest Developments
13.4 Kuraray Group
  13.4.1 Kuraray Group Company Information
  13.4.2 Kuraray Group Velcro (Hook & Loop) Product Portfolios and Specifications
  13.4.3 Kuraray Group Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.4.4 Kuraray Group Main Business Overview
  13.4.5 Kuraray Group Latest Developments
13.5 YKK
  13.5.1 YKK Company Information
  13.5.2 YKK Velcro (Hook & Loop) Product Portfolios and Specifications
  13.5.3 YKK Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.5.4 YKK Main Business Overview
  13.5.5 YKK Latest Developments
13.6 Paiho
  13.6.1 Paiho Company Information
  13.6.2 Paiho Velcro (Hook & Loop) Product Portfolios and Specifications
  13.6.3 Paiho Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.6.4 Paiho Main Business Overview
  13.6.5 Paiho Latest Developments
13.7 Jianli
  13.7.1 Jianli Company Information
  13.7.2 Jianli Velcro (Hook & Loop) Product Portfolios and Specifications
  13.7.3 Jianli Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.7.4 Jianli Main Business Overview
  13.7.5 Jianli Latest Developments
13.8 Heyi
  13.8.1 Heyi Company Information
  13.8.2 Heyi Velcro (Hook & Loop) Product Portfolios and Specifications
  13.8.3 Heyi Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.8.4 Heyi Main Business Overview
  13.8.5 Heyi Latest Developments
13.9 Binder
  13.9.1 Binder Company Information
  13.9.2 Binder Velcro (Hook & Loop) Product Portfolios and Specifications
  13.9.3 Binder Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.9.4 Binder Main Business Overview
  13.9.5 Binder Latest Developments
13.10 Shingyi
  13.10.1 Shingyi Company Information
  13.10.2 Shingyi Velcro (Hook & Loop) Product Portfolios and Specifications
  13.10.3 Shingyi Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.10.4 Shingyi Main Business Overview
  13.10.5 Shingyi Latest Developments
13.11 Lovetex
  13.11.1 Lovetex Company Information
  13.11.2 Lovetex Velcro (Hook & Loop) Product Portfolios and Specifications
  13.11.3 Lovetex Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.11.4 Lovetex Main Business Overview
  13.11.5 Lovetex Latest Developments
13.12 Essentra Components
  13.12.1 Essentra Components Company Information
  13.12.2 Essentra Components Velcro (Hook & Loop) Product Portfolios and Specifications
  13.12.3 Essentra Components Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.12.4 Essentra Components Main Business Overview
  13.12.5 Essentra Components Latest Developments
13.13 HALCO
  13.13.1 HALCO Company Information
  13.13.2 HALCO Velcro (Hook & Loop) Product Portfolios and Specifications
  13.13.3 HALCO Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.13.4 HALCO Main Business Overview
  13.13.5 HALCO Latest Developments
13.14 Krago (Krahnen & Gobbers)
  13.14.1 Krago (Krahnen & Gobbers) Company Information
  13.14.2 Krago (Krahnen & Gobbers) Velcro (Hook & Loop) Product Portfolios and Specifications
  13.14.3 Krago (Krahnen & Gobbers) Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.14.4 Krago (Krahnen & Gobbers) Main Business Overview
  13.14.5 Krago (Krahnen & Gobbers) Latest Developments
13.15 Dunlap
  13.15.1 Dunlap Company Information
  13.15.2 Dunlap Velcro (Hook & Loop) Product Portfolios and Specifications
  13.15.3 Dunlap Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.15.4 Dunlap Main Business Overview
  13.15.5 Dunlap Latest Developments
13.16 DirecTex
  13.16.1 DirecTex Company Information
  13.16.2 DirecTex Velcro (Hook & Loop) Product Portfolios and Specifications
  13.16.3 DirecTex Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.16.4 DirecTex Main Business Overview
  13.16.5 DirecTex Latest Developments
13.17 ISHI-INDUSTRIES
  13.17.1 ISHI-INDUSTRIES Company Information
  13.17.2 ISHI-INDUSTRIES Velcro (Hook & Loop) Product Portfolios and Specifications
  13.17.3 ISHI-INDUSTRIES Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.17.4 ISHI-INDUSTRIES Main Business Overview
  13.17.5 ISHI-INDUSTRIES Latest Developments
13.18 Tesa
  13.18.1 Tesa Company Information
  13.18.2 Tesa Velcro (Hook & Loop) Product Portfolios and Specifications
  13.18.3 Tesa Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.18.4 Tesa Main Business Overview
  13.18.5 Tesa Latest Developments
13.19 Magic Fastners
  13.19.1 Magic Fastners Company Information
  13.19.2 Magic Fastners Velcro (Hook & Loop) Product Portfolios and Specifications
  13.19.3 Magic Fastners Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.19.4 Magic Fastners Main Business Overview
  13.19.5 Magic Fastners Latest Developments
13.20 Siddharth Filaments Pvt. Ltd.
  13.20.1 Siddharth Filaments Pvt. Ltd. Company Information
  13.20.2 Siddharth Filaments Pvt. Ltd. Velcro (Hook & Loop) Product Portfolios and Specifications
  13.20.3 Siddharth Filaments Pvt. Ltd. Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.20.4 Siddharth Filaments Pvt. Ltd. Main Business Overview
  13.20.5 Siddharth Filaments Pvt. Ltd. Latest Developments
13.21 Fangda Ribbon
  13.21.1 Fangda Ribbon Company Information
  13.21.2 Fangda Ribbon Velcro (Hook & Loop) Product Portfolios and Specifications
  13.21.3 Fangda Ribbon Velcro (Hook & Loop) Sales, Revenue, Price and Gross Margin (2020-2025)
  13.21.4 Fangda Ribbon Main Business Overview
  13.21.5 Fangda Ribbon Latest Developments

14 RESEARCH FINDINGS AND CONCLUSION


LIST OFTABLES

Table 1. Velcro (Hook & Loop) Annual Sales CAGR by Geographic Region (2020, 2024 & 2031) & ($ millions)
Table 2. Velcro (Hook & Loop) Annual Sales CAGR by Country/Region (2020, 2024 & 2031) & ($ millions)
Table 3. Major Players of Nylon
Table 4. Major Players of Polyester
Table 5. Major Players of Others
Table 6. Global Velcro (Hook & Loop) Sales byType (2020-2025) & (K Sqm)
Table 7. Global Velcro (Hook & Loop) Sales Market Share byType (2020-2025)
Table 8. Global Velcro (Hook & Loop) Revenue byType (2020-2025) & ($ million)
Table 9. Global Velcro (Hook & Loop) Revenue Market Share byType (2020-2025)
Table 10. Global Velcro (Hook & Loop) Sale Price byType (2020-2025) & (USD/Sqm)
Table 11. Global Velcro (Hook & Loop) Sale by Application (2020-2025) & (K Sqm)
Table 12. Global Velcro (Hook & Loop) Sale Market Share by Application (2020-2025)
Table 13. Global Velcro (Hook & Loop) Revenue by Application (2020-2025) & ($ million)
Table 14. Global Velcro (Hook & Loop) Revenue Market Share by Application (2020-2025)
Table 15. Global Velcro (Hook & Loop) Sale Price by Application (2020-2025) & (USD/Sqm)
Table 16. Global Velcro (Hook & Loop) Sales by Company (2020-2025) & (K Sqm)
Table 17. Global Velcro (Hook & Loop) Sales Market Share by Company (2020-2025)
Table 18. Global Velcro (Hook & Loop) Revenue by Company (2020-2025) & ($ millions)
Table 19. Global Velcro (Hook & Loop) Revenue Market Share by Company (2020-2025)
Table 20. Global Velcro (Hook & Loop) Sale Price by Company (2020-2025) & (USD/Sqm)
Table 21. Key Manufacturers Velcro (Hook & Loop) Producing Area Distribution and Sales Area
Table 22. Players Velcro (Hook & Loop) Products Offered
Table 23. Velcro (Hook & Loop) Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
Table 24. New Products and Potential Entrants
Table 25. Market M&A Activity & Strategy
Table 26. Global Velcro (Hook & Loop) Sales by Geographic Region (2020-2025) & (K Sqm)
Table 27. Global Velcro (Hook & Loop) Sales Market Share Geographic Region (2020-2025)
Table 28. Global Velcro (Hook & Loop) Revenue by Geographic Region (2020-2025) & ($ millions)
Table 29. Global Velcro (Hook & Loop) Revenue Market Share by Geographic Region (2020-2025)
Table 30. Global Velcro (Hook & Loop) Sales by Country/Region (2020-2025) & (K Sqm)
Table 31. Global Velcro (Hook & Loop) Sales Market Share by Country/Region (2020-2025)
Table 32. Global Velcro (Hook & Loop) Revenue by Country/Region (2020-2025) & ($ millions)
Table 33. Global Velcro (Hook & Loop) Revenue Market Share by Country/Region (2020-2025)
Table 34. Americas Velcro (Hook & Loop) Sales by Country (2020-2025) & (K Sqm)
Table 35. Americas Velcro (Hook & Loop) Sales Market Share by Country (2020-2025)
Table 36. Americas Velcro (Hook & Loop) Revenue by Country (2020-2025) & ($ millions)
Table 37. Americas Velcro (Hook & Loop) Sales byType (2020-2025) & (K Sqm)
Table 38. Americas Velcro (Hook & Loop) Sales by Application (2020-2025) & (K Sqm)
Table 39. APAC Velcro (Hook & Loop) Sales by Region (2020-2025) & (K Sqm)
Table 40. APAC Velcro (Hook & Loop) Sales Market Share by Region (2020-2025)
Table 41. APAC Velcro (Hook & Loop) Revenue by Region (2020-2025) & ($ millions)
Table 42. APAC Velcro (Hook & Loop) Sales byType (2020-2025) & (K Sqm)
Table 43. APAC Velcro (Hook & Loop) Sales by Application (2020-2025) & (K Sqm)
Table 44. Europe Velcro (Hook & Loop) Sales by Country (2020-2025) & (K Sqm)
Table 45. Europe Velcro (Hook & Loop) Revenue by Country (2020-2025) & ($ millions)
Table 46. Europe Velcro (Hook & Loop) Sales byType (2020-2025) & (K Sqm)
Table 47. Europe Velcro (Hook & Loop) Sales by Application (2020-2025) & (K Sqm)
Table 48. Middle East & Africa Velcro (Hook & Loop) Sales by Country (2020-2025) & (K Sqm)
Table 49. Middle East & Africa Velcro (Hook & Loop) Revenue Market Share by Country (2020-2025)
Table 50. Middle East & Africa Velcro (Hook & Loop) Sales byType (2020-2025) & (K Sqm)
Table 51. Middle East & Africa Velcro (Hook & Loop) Sales by Application (2020-2025) & (K Sqm)
Table 52. Key Market Drivers & Growth Opportunities of Velcro (Hook & Loop)
Table 53. Key Market Challenges & Risks of Velcro (Hook & Loop)
Table 54. Key IndustryTrends of Velcro (Hook & Loop)
Table 55. Velcro (Hook & Loop) Raw Material
Table 56. Key Suppliers of Raw Materials
Table 57. Velcro (Hook & Loop) Distributors List
Table 58. Velcro (Hook & Loop) Customer List
Table 59. Global Velcro (Hook & Loop) SalesForecast by Region (2026-2031) & (K Sqm)
Table 60. Global Velcro (Hook & Loop) RevenueForecast by Region (2026-2031) & ($ millions)
Table 61. Americas Velcro (Hook & Loop) SalesForecast by Country (2026-2031) & (K Sqm)
Table 62. Americas Velcro (Hook & Loop) Annual RevenueForecast by Country (2026-2031) & ($ millions)
Table 63. APAC Velcro (Hook & Loop) SalesForecast by Region (2026-2031) & (K Sqm)
Table 64. APAC Velcro (Hook & Loop) Annual RevenueForecast by Region (2026-2031) & ($ millions)
Table 65. Europe Velcro (Hook & Loop) SalesForecast by Country (2026-2031) & (K Sqm)
Table 66. Europe Velcro (Hook & Loop) RevenueForecast by Country (2026-2031) & ($ millions)
Table 67. Middle East & Africa Velcro (Hook & Loop) SalesForecast by Country (2026-2031) & (K Sqm)
Table 68. Middle East & Africa Velcro (Hook & Loop) RevenueForecast by Country (2026-2031) & ($ millions)
Table 69. Global Velcro (Hook & Loop) SalesForecast byType (2026-2031) & (K Sqm)
Table 70. Global Velcro (Hook & Loop) RevenueForecast byType (2026-2031) & ($ millions)
Table 71. Global Velcro (Hook & Loop) SalesForecast by Application (2026-2031) & (K Sqm)
Table 72. Global Velcro (Hook & Loop) RevenueForecast by Application (2026-2031) & ($ millions)
Table 73. Velcro Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 74. Velcro Velcro (Hook & Loop) Product Portfolios and Specifications
Table 75. Velcro Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 76. Velcro Main Business
Table 77. Velcro Latest Developments
Table 78. 3M Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 79. 3M Velcro (Hook & Loop) Product Portfolios and Specifications
Table 80. 3M Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 81. 3M Main Business
Table 82. 3M Latest Developments
Table 83. APLIX Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 84. APLIX Velcro (Hook & Loop) Product Portfolios and Specifications
Table 85. APLIX Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 86. APLIX Main Business
Table 87. APLIX Latest Developments
Table 88. Kuraray Group Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 89. Kuraray Group Velcro (Hook & Loop) Product Portfolios and Specifications
Table 90. Kuraray Group Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 91. Kuraray Group Main Business
Table 92. Kuraray Group Latest Developments
Table 93. YKK Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 94. YKK Velcro (Hook & Loop) Product Portfolios and Specifications
Table 95. YKK Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 96. YKK Main Business
Table 97. YKK Latest Developments
Table 98. Paiho Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 99. Paiho Velcro (Hook & Loop) Product Portfolios and Specifications
Table 100. Paiho Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 101. Paiho Main Business
Table 102. Paiho Latest Developments
Table 103. Jianli Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 104. Jianli Velcro (Hook & Loop) Product Portfolios and Specifications
Table 105. Jianli Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 106. Jianli Main Business
Table 107. Jianli Latest Developments
Table 108. Heyi Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 109. Heyi Velcro (Hook & Loop) Product Portfolios and Specifications
Table 110. Heyi Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 111. Heyi Main Business
Table 112. Heyi Latest Developments
Table 113. Binder Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 114. Binder Velcro (Hook & Loop) Product Portfolios and Specifications
Table 115. Binder Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 116. Binder Main Business
Table 117. Binder Latest Developments
Table 118. Shingyi Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 119. Shingyi Velcro (Hook & Loop) Product Portfolios and Specifications
Table 120. Shingyi Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 121. Shingyi Main Business
Table 122. Shingyi Latest Developments
Table 123. Lovetex Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 124. Lovetex Velcro (Hook & Loop) Product Portfolios and Specifications
Table 125. Lovetex Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 126. Lovetex Main Business
Table 127. Lovetex Latest Developments
Table 128. Essentra Components Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 129. Essentra Components Velcro (Hook & Loop) Product Portfolios and Specifications
Table 130. Essentra Components Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 131. Essentra Components Main Business
Table 132. Essentra Components Latest Developments
Table 133. HALCO Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 134. HALCO Velcro (Hook & Loop) Product Portfolios and Specifications
Table 135. HALCO Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 136. HALCO Main Business
Table 137. HALCO Latest Developments
Table 138. Krago (Krahnen & Gobbers) Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 139. Krago (Krahnen & Gobbers) Velcro (Hook & Loop) Product Portfolios and Specifications
Table 140. Krago (Krahnen & Gobbers) Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 141. Krago (Krahnen & Gobbers) Main Business
Table 142. Krago (Krahnen & Gobbers) Latest Developments
Table 143. Dunlap Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 144. Dunlap Velcro (Hook & Loop) Product Portfolios and Specifications
Table 145. Dunlap Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 146. Dunlap Main Business
Table 147. Dunlap Latest Developments
Table 148. DirecTex Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 149. DirecTex Velcro (Hook & Loop) Product Portfolios and Specifications
Table 150. DirecTex Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 151. DirecTex Main Business
Table 152. DirecTex Latest Developments
Table 153. ISHI-INDUSTRIES Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 154. ISHI-INDUSTRIES Velcro (Hook & Loop) Product Portfolios and Specifications
Table 155. ISHI-INDUSTRIES Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 156. ISHI-INDUSTRIES Main Business
Table 157. ISHI-INDUSTRIES Latest Developments
Table 158.Tesa Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 159.Tesa Velcro (Hook & Loop) Product Portfolios and Specifications
Table 160.Tesa Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 161.Tesa Main Business
Table 162.Tesa Latest Developments
Table 163. MagicFastners Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 164. MagicFastners Velcro (Hook & Loop) Product Portfolios and Specifications
Table 165. MagicFastners Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 166. MagicFastners Main Business
Table 167. MagicFastners Latest Developments
Table 168. SiddharthFilaments Pvt. Ltd. Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 169. SiddharthFilaments Pvt. Ltd. Velcro (Hook & Loop) Product Portfolios and Specifications
Table 170. SiddharthFilaments Pvt. Ltd. Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 171. SiddharthFilaments Pvt. Ltd. Main Business
Table 172. SiddharthFilaments Pvt. Ltd. Latest Developments
Table 173.Fangda Ribbon Basic Information, Velcro (Hook & Loop) Manufacturing Base, Sales Area and Its Competitors
Table 174.Fangda Ribbon Velcro (Hook & Loop) Product Portfolios and Specifications
Table 175.Fangda Ribbon Velcro (Hook & Loop) Sales (K Sqm), Revenue ($ Million), Price (USD/Sqm) and Gross Margin (2020-2025)
Table 176.Fangda Ribbon Main Business
Table 177.Fangda Ribbon Latest Developments



LIST OFFIGURES

Figure 1. Picture of Velcro (Hook & Loop)
Figure 2. Velcro (Hook & Loop) Report Years Considered
Figure 3. Research Objectives
Figure 4. Research Methodology
Figure 5. Research Process and Data Source
Figure 6. Global Velcro (Hook & Loop) Sales Growth Rate 2020-2031 (K Sqm)
Figure 7. Global Velcro (Hook & Loop) Revenue Growth Rate 2020-2031 ($ millions)
Figure 8. Velcro (Hook & Loop) Sales by Geographic Region (2020, 2024 & 2031) & ($ millions)
Figure 9. Velcro (Hook & Loop) Sales Market Share by Country/Region (2024)
Figure 10. Velcro (Hook & Loop) Sales Market Share by Country/Region (2020, 2024 & 2031)
Figure 11. Product Picture of Nylon
Figure 12. Product Picture of Polyester
Figure 13. Product Picture of Others
Figure 14. Global Velcro (Hook & Loop) Sales Market Share byType in 2025
Figure 15. Global Velcro (Hook & Loop) Revenue Market Share byType (2020-2025)
Figure 16. Velcro (Hook & Loop) Consumed inFootwear & Apparel
Figure 17. Global Velcro (Hook & Loop) Market:Footwear & Apparel (2020-2025) & (K Sqm)
Figure 18. Velcro (Hook & Loop) Consumed inTransportation
Figure 19. Global Velcro (Hook & Loop) Market:Transportation (2020-2025) & (K Sqm)
Figure 20. Velcro (Hook & Loop) Consumed in Industrial Manufacturing
Figure 21. Global Velcro (Hook & Loop) Market: Industrial Manufacturing (2020-2025) & (K Sqm)
Figure 22. Velcro (Hook & Loop) Consumed in Medical
Figure 23. Global Velcro (Hook & Loop) Market: Medical (2020-2025) & (K Sqm)
Figure 24. Velcro (Hook & Loop) Consumed in Others
Figure 25. Global Velcro (Hook & Loop) Market: Others (2020-2025) & (K Sqm)
Figure 26. Global Velcro (Hook & Loop) Sale Market Share by Application (2024)
Figure 27. Global Velcro (Hook & Loop) Revenue Market Share by Application in 2025
Figure 28. Velcro (Hook & Loop) Sales by Company in 2025 (K Sqm)
Figure 29. Global Velcro (Hook & Loop) Sales Market Share by Company in 2025
Figure 30. Velcro (Hook & Loop) Revenue by Company in 2025 ($ millions)
Figure 31. Global Velcro (Hook & Loop) Revenue Market Share by Company in 2025
Figure 32. Global Velcro (Hook & Loop) Sales Market Share by Geographic Region (2020-2025)
Figure 33. Global Velcro (Hook & Loop) Revenue Market Share by Geographic Region in 2025
Figure 34. Americas Velcro (Hook & Loop) Sales 2020-2025 (K Sqm)
Figure 35. Americas Velcro (Hook & Loop) Revenue 2020-2025 ($ millions)
Figure 36. APAC Velcro (Hook & Loop) Sales 2020-2025 (K Sqm)
Figure 37. APAC Velcro (Hook & Loop) Revenue 2020-2025 ($ millions)
Figure 38. Europe Velcro (Hook & Loop) Sales 2020-2025 (K Sqm)
Figure 39. Europe Velcro (Hook & Loop) Revenue 2020-2025 ($ millions)
Figure 40. Middle East & Africa Velcro (Hook & Loop) Sales 2020-2025 (K Sqm)
Figure 41. Middle East & Africa Velcro (Hook & Loop) Revenue 2020-2025 ($ millions)
Figure 42. Americas Velcro (Hook & Loop) Sales Market Share by Country in 2025
Figure 43. Americas Velcro (Hook & Loop) Revenue Market Share by Country (2020-2025)
Figure 44. Americas Velcro (Hook & Loop) Sales Market Share byType (2020-2025)
Figure 45. Americas Velcro (Hook & Loop) Sales Market Share by Application (2020-2025)
Figure 46. United States Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 47. Canada Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 48. Mexico Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 49. Brazil Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 50. APAC Velcro (Hook & Loop) Sales Market Share by Region in 2025
Figure 51. APAC Velcro (Hook & Loop) Revenue Market Share by Region (2020-2025)
Figure 52. APAC Velcro (Hook & Loop) Sales Market Share byType (2020-2025)
Figure 53. APAC Velcro (Hook & Loop) Sales Market Share by Application (2020-2025)
Figure 54. China Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 55. Japan Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 56. South Korea Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 57. Southeast Asia Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 58. India Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 59. Australia Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 60. ChinaTaiwan Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 61. Europe Velcro (Hook & Loop) Sales Market Share by Country in 2025
Figure 62. Europe Velcro (Hook & Loop) Revenue Market Share by Country (2020-2025)
Figure 63. Europe Velcro (Hook & Loop) Sales Market Share byType (2020-2025)
Figure 64. Europe Velcro (Hook & Loop) Sales Market Share by Application (2020-2025)
Figure 65. Germany Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 66.France Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 67. UK Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 68. Italy Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 69. Russia Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 70. Middle East & Africa Velcro (Hook & Loop) Sales Market Share by Country (2020-2025)
Figure 71. Middle East & Africa Velcro (Hook & Loop) Sales Market Share byType (2020-2025)
Figure 72. Middle East & Africa Velcro (Hook & Loop) Sales Market Share by Application (2020-2025)
Figure 73. Egypt Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 74. South Africa Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 75. Israel Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 76.Turkey Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 77. GCC Countries Velcro (Hook & Loop) Revenue Growth 2020-2025 ($ millions)
Figure 78. Manufacturing Cost Structure Analysis of Velcro (Hook & Loop) in 2025
Figure 79. Manufacturing Process Analysis of Velcro (Hook & Loop)
Figure 80. Industry Chain Structure of Velcro (Hook & Loop)
Figure 81. Channels of Distribution
Figure 82. Global Velcro (Hook & Loop) Sales MarketForecast by Region (2026-2031)
Figure 83. Global Velcro (Hook & Loop) Revenue Market ShareForecast by Region (2026-2031)
Figure 84. Global Velcro (Hook & Loop) Sales Market ShareForecast byType (2026-2031)
Figure 85. Global Velcro (Hook & Loop) Revenue Market ShareForecast byType (2026-2031)
Figure 86. Global Velcro (Hook & Loop) Sales Market ShareForecast by Application (2026-2031)
Figure 87. Global Velcro (Hook & Loop) Revenue Market ShareForecast by Application (2026-2031)