The Rising "Global Command Hooks Market is Driven by Growing Home Décor Industry
The Global Command Hooks Market is primarily used for hanging decorative items, frames, ornaments and other household accessories without putting holes in the wall surfaces or doors. Command hooks stick onto the wall or doors with an adhesive that clings to the surface but peels off easily without leaving any residue. The growing home decor industry along with changing consumer lifestyle preferences are driving the demand for efficient wall organization solutions like command hooks globally.
The Global Command Hooks Market is estimated to be valued at US$ 5.33 Bn in 2024 and is expected to exhibit a CAGR of 8.6% over the forecast period from 2024 to 2031.
Key Takeaways
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. The growing demand for hassle-free wall décor solutions from households and commercial sectors is a major market driver. Command hooks producers are expanding their global footprint by opening new manufacturing plants and distribution centers across regions to tap the potential offered by emerging markets.
Growing demand in the market: The rising demand for easy to install wall hanging solutions from both residential and commercial users is fueling the Global Command Hooks Market Trends growth. Command hooks allow flexible placement of objects on walls without any damage and are easy to rearrange as per requirements. The increasing global urban population is driving the residential construction industry which in turn boosts the command hooks market.
Global expansion of the market: Leading command hooks manufacturers are expanding globally to leverage opportunities in developing markets. Players are investing in new production facilities, acquisitions, partnerships and distribution agreements for extending their international presence. International markets in Asia Pacific and Latin America offer high growth potential due to rising construction activities and improving consumer spending on home décor products.
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