Global Command Hooks Market |
One of the key trends in the global command hooks market is the development of new adhesive technologies. Manufacturers are focusing on advanced adhesive formulas that provide high load bearing capacity along with long-lasting stickability on various surfaces. There is also a rise in customizable and multi-purpose command hook designs. Players have introduced command strips and hooks in various sizes, designs and load capacities suitable for different functional and decorative applications. Sustainable and recyclable command hook options using eco-friendly adhesive materials is another emerging trend in this market.
Key players operating in the global command hooks market are 3M,
Umbra, InterDesign, Adams Manufacturing, Gorilla Glue Company, The Hillman
Group, Command Décor, Tatkraft, Pomatree, Scotch Brand (3M),
Hydraulic Force Enterprises, Western Surgical, Welar Corporation, Deodap
International Private Limited.
Asia Pacific region is poised to grow at the fastest rate in the global command hooks market led by rapid urbanization, rising disposable incomes, growth in construction and renovation activities in countries like China, India and other Southeast Asian nations. Additionally, growing tourism sector is also augmenting the demand for command hooks across Asia Pacific hotels and motels.
Command hooks are Velcro-backed sticky pads and hooks used to hang photos, artwork, knickknacks and more. The adhesive backings make these hooks easy to install with no damage to walls. Command hooks provide an easy and removable option for mounting items without nails or screws. They are commonly used for hanging pictures, mirrors, shelves and other lightweight décor items. The global command hooks market is driven by factors such as rapid growth in real estate sector and rising home improvement and renovation activities across the world.
PEST Analysis
In terms of geography, North America
accounted for the major share of the global command hooks market in terms of
revenue, prior to the COVID-19 crisis. This is due to large number of
households, offices, educational institutions, hotels and commercial spaces in
countries such as the US and Canada. Asia Pacific is anticipated to be the
fastest growing region in the post-pandemic period, led by mounting investment
in construction and infrastructure development spaces such as urbanization,
malls, multiplexes in developing nations like India, China, Indonesia and
Vietnam.
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Hooks Market
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