| Product Code: ETC328229 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Philippines continues to see a significant increase in hook and loop fasteners import shipments, with top exporting countries including Taiwan, China, Vietnam, France, and the USA. The market concentration, measured by the HHI index, has shown a sharp rise from high to very high in 2024, indicating a more consolidated market landscape. With a commendable compound annual growth rate (CAGR) of 6.33% from 2020 to 2024 and a notable growth rate of 38.82% in 2024, the demand for hook and loop fasteners in the Philippines is clearly on the rise, driven by a diverse range of international suppliers.

The hook and loop fasteners market in the Philippines has experienced consistent demand across various industries, including textiles, packaging, and electronics. The CAGR for this market is projected to be approximately 1.9%.
The versatility of hook and loop fasteners in various industries, including apparel, packaging, and healthcare, is a key driver for this market. The ease of use, reusability, and convenience offered by these fasteners also contribute to their demand.
One of the key challenges in the Philippines Hook And Loop Fasteners Market is competition from alternative fastening solutions. Market players might need to constantly innovate to maintain demand. Quality control and durability of hook and loop fasteners can also be concerns, particularly in applications with high stress or exposure to harsh environments.
The hook and loop fasteners market in the Philippines has faced challenges due to disruptions in manufacturing and supply chain operations caused by the pandemic. The closure of factories and restrictions on movement have impacted the production and distribution of hook and loop fasteners. The market is expected to recover as manufacturing activities resume.
Major players in the Philippines Hook and Loop Fasteners Market include Velcro Companies, 3M, and APLIX.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Hook And Loop Fasteners Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Hook And Loop Fasteners Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Hook And Loop Fasteners Market - Industry Life Cycle |
3.4 Philippines Hook And Loop Fasteners Market - Porter's Five Forces |
3.5 Philippines Hook And Loop Fasteners Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Hook And Loop Fasteners Market Revenues & Volume Share, By Adhesion Type, 2021 & 2031F |
3.7 Philippines Hook And Loop Fasteners Market Revenues & Volume Share, By Shape, 2021 & 2031F |
3.8 Philippines Hook And Loop Fasteners Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Hook And Loop Fasteners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for convenience and ease of use in various industries |
4.2.2 Growth in the manufacturing sector leading to higher demand for hook and loop fasteners |
4.2.3 Rising adoption of hook and loop fasteners in the healthcare sector for medical applications |
4.3 Market Restraints |
4.3.1 Competition from alternative fastening solutions such as zippers and buttons |
4.3.2 Fluctuations in raw material prices impacting production costs |
4.3.3 Challenges related to counterfeit products affecting market credibility |
5 Philippines Hook And Loop Fasteners Market Trends |
6 Philippines Hook And Loop Fasteners Market, By Types |
6.1 Philippines Hook And Loop Fasteners Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Hook, 2021-2031F |
6.1.4 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Loop, 2021-2031F |
6.1.5 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Mixture, 2021-2031F |
6.2 Philippines Hook And Loop Fasteners Market, By Adhesion Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Sew On, 2021-2031F |
6.2.3 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Peel and Stick, 2021-2031F |
6.2.4 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Heat Activated, 2021-2031F |
6.3 Philippines Hook And Loop Fasteners Market, By Shape |
6.3.1 Overview and Analysis |
6.3.2 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Coins and Dots, 2021-2031F |
6.3.3 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Tape, 2021-2031F |
6.3.4 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Straps, 2021-2031F |
6.4 Philippines Hook And Loop Fasteners Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Household, 2021-2031F |
6.4.3 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Consumer Products, 2021-2031F |
6.4.4 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Military and Government, 2021-2031F |
6.4.5 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.6 Philippines Hook And Loop Fasteners Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Hook And Loop Fasteners Market Import-Export Trade Statistics |
7.1 Philippines Hook And Loop Fasteners Market Export to Major Countries |
7.2 Philippines Hook And Loop Fasteners Market Imports from Major Countries |
8 Philippines Hook And Loop Fasteners Market Key Performance Indicators |
8.1 Adoption rate of hook and loop fasteners in emerging industries |
8.2 Number of patents filed for innovative hook and loop fastener designs |
8.3 Percentage of repeat customers indicating satisfaction with the product |
8.4 Sustainability initiatives undertaken by key players in the market |
8.5 Level of investment in research and development for improving product performance and versatility |
9 Philippines Hook And Loop Fasteners Market - Opportunity Assessment |
9.1 Philippines Hook And Loop Fasteners Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Hook And Loop Fasteners Market Opportunity Assessment, By Adhesion Type, 2021 & 2031F |
9.3 Philippines Hook And Loop Fasteners Market Opportunity Assessment, By Shape, 2021 & 2031F |
9.4 Philippines Hook And Loop Fasteners Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Hook And Loop Fasteners Market - Competitive Landscape |
10.1 Philippines Hook And Loop Fasteners Market Revenue Share, By Companies, 2024 |
10.2 Philippines Hook And Loop Fasteners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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