PUBLISHER: The Business Research Company | PRODUCT CODE: 1559117
PUBLISHER: The Business Research Company | PRODUCT CODE: 1559117
Command hooks are innovative adhesive hooks designed for easy application on various surfaces without causing damage, making them ideal for organizing and decorating homes, offices, and temporary spaces. They provide a convenient, removable solution for hanging lightweight items such as keys, decorations, and small organizers, adding versatility and convenience to interior design and organization.
The main product types of Command hooks include standard Command hooks, decorative Command hooks, small Command hooks, and outdoor Command hooks. Standard Command hooks are basic hooks designed for general household use, such as hanging lightweight items such as keys, small frames, or kitchen utensils. The distribution channels for these hooks include brick-and-mortar retail, e-commerce, specialty stores, and wholesalers and distributors. They are used in various applications such as home, office, retail and commercial, and outdoor settings.
The command hooks market research report is one of a series of new reports from The Business Research Company that provides command hooks market statistics, including command hooks industry global market size, regional shares, competitors with a command hooks market share, detailed command hooks market segments, market trends and opportunities, and any further data you may need to thrive in the command hooks industry. This command hooks market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The command hooks market size has grown strongly in recent years. It will grow from $2.27 billion in 2023 to $2.46 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to the influence of interior design trends, increased consumer spending on home improvement, convenient availability and reordering options, a rising preference for clutter-free living spaces, and effective promotional strategies.
The command hooks market size is expected to see strong growth in the next few years. It will grow to $3.39 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to rising interest in DIY home improvement projects, expansion of office and commercial spaces, increasing preference for minimalist lifestyles, companies promoting sustainable practices, and the flexibility of temporary installations. Major trends expected during this period include advancements in adhesive technology, the introduction of new variants and product lines, integration of smart features or IoT capabilities, ongoing improvements in materials and adhesive technology, the development of weather-resistant variants, and integration with smart home technology.
The rising number of construction projects is anticipated to drive the growth of the command hooks market. Construction projects involve planning, executing, and managing building or infrastructure development, with increasing numbers due to urbanization, economic growth, infrastructure development, and the demand for various spaces. Command Hooks support sustainable building practices by minimizing wall and surface damage, reducing the need for repairs or repainting. This aligns with current construction trends focused on environmental stewardship and resource efficiency. For example, the Northern Ireland Statistics and Research Agency reported in June 2023 that from Q1 2022 to Q1 2023, the construction industry grew by 6.5%, with the housing sector increasing by 11.1% and the infrastructure subsector by 3.7%. Thus, the growing number of construction projects is boosting the command hooks market.
The increasing number of cafes is expected to drive the growth of the command hooks market. Cafes, which offer inviting spaces for patrons to enjoy beverages, pastries, and light meals, are becoming more popular due to the demand for social and work-friendly environments outside the home and office. In cafes, command hooks offer versatile, damage-free solutions for organizing spaces, hanging decorations, and enhancing customer convenience. For instance, Starbucks reported in 2024 that the number of US stores increased from 9,265 in 2022 to 9,645 in 2023, with total company-operated outlets growing from 18,253 to 19,592 over the same period. Therefore, the rise in cafes is contributing to the growth of the command hooks market.
Major companies in the command hooks market are focusing on developing advanced products, such as fire retardant hooks and loops, to gain a competitive edge. Fire retardant hook and loop systems are designed with materials that reduce flammability and slow fire spread. For example, in April 2021, Halco, a US-based provider of fastening solutions, launched the Pro Series hook and loop for bundling and cable management. This new line features fire retardant properties that meet UL 2043 fire safety standards and National Electrical Code (NEC) requirements. The PRO Series is designed to improve organization and safety, particularly in applications involving electrical wiring and cable management, offering reliable fastening solutions for commercial and industrial uses.
Major companies operating in the command hooks market are IKEA, 3M Company, Avery Dennison Corporation, Tesa SE, Velcro Companies, InterDesign, Plaid Enterprises Inc., Adams Manufacturing, Umbra, Mighty Hook, Duck Brand, KES Home, Hindavi Solution Pvt Ltd, Tatkraft, Hangman Products, Welar Corporation, Newvent Export., ProSource Packaging Inc., Hiatt Hardware Ltd., Jinshunfa
North America was the largest region in the command hooks market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the command hooks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the command hooks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The command hooks market consists of sales of utility hooks, bathroom hooks, and picture hanging strips. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Command Hooks Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on command hooks market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for command hooks ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The command hooks market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.