Global command hooks market is estimated to be valued at US$ 3.00 Bn in 2024 and is expected to reach US$ 5.33 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.6% from 2024 to 2031.
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Increased application of command hooks in various sectors like household, commercial and industrial is expected to drive the market growth. Command hooks are widely being used for hanging pictures, curtains, and other decorative items safely and securely without damage to walls. Rise in construction activities across the global is also contributing to the increased demand for command hooks. However, availability of alternative hanging solutions like adhesive tapes or screws threaten can hamper the market growth. Technological advancements leading to development of stronger and longer lasting command hooks can offer new opportunities for the key players in this market.
Market Driver: Increased construction projects
With the rise in new construction projects across the globe due to rapid urbanization, there has been increase in demand for command hooks. Command hooks are regularly used in construction sites to hold blueprints, wiring diagrams, safety signs and other materials on temporary surfaces like drywalls and ceilings. These provide an easy stick and remove solution without causing any damage to the surface, and this has made these very popular among construction workers. Moreover, newly constructed homes and office spaces also install command hooks for hanging pictures, mirrors and other decorative items before installing permanent fasteners. As cities grow and more buildings are constructed to accommodate the increasing population, the demand for command hooks is expected to keep rising steadily in the years ahead.
Do-it-yourself home improvement has transformed from a niche hobby to being almost mainstream over the past few decades. Many consumers now enjoy taking on small home projects themselves rather than hiring professionals due to easy access to instructional videos and guides online as well as a general desire among people to be more self-reliant. Command hooks have immensely benefitted from this trend as these provide an effortless solution for hanging and mounting various items without the need for tools or drills. Command hooks offer a stylish way for people to decorate their spaces, whether it's a new graduate setting up her first home or a middle-aged couple updating their kitchen. Their damage-free nature also gives homeowners the flexibility to experiment with wall designs. As more people pick up DIY tasks, the demand for simple, handy products like command hooks increases.
Global Command Hooks Market Report Snapshots
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