Loop Earplugs leads as No. 1 in Design by Fast Company's 2024 Most Innovative Companies List
PRESS RELEASE
Loop Earplugs has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2024, proudly securing the No. 18 spot on the World’s 50 Most Innovative Companies list. Notably, it has achieved the No. 01 spot in the Design category for "designing ear protection people want to wear", marking a significant milestone as the leader in design innovation.
This accomplishment places Loop alongside industry giants such as Nvidia, YouTube, Microsoft, OpenAI, Taylor Swift Productions, Parkwood Entertainment, Mattel and others, highlighting its exceptional contribution to design.
Loop Earplugs' innovation in the category, and dedication to give earplugs a much overdue makeover, has transformed hearing protection from a taboo to an everyday necessity. The company now offers three core products - Experience, Quiet and Engage, and in August of 2023, Loop unveiled their Engage Kids range, aimed at hearing comfort for children 6 to 11 years old at school, home and beyond. Loop introduced Switch in October 2023, a groundbreaking 3-in-1 earplug enabling seamless transitions between social, active, and focused states.
In just eight years, Loop tripled its revenue, reaching an incredible €126.5M in 2023 up from €42M in 2022. With a significant global presence spanning 150+ countries including the US, Loop is strategically expanding into other key markets like Japan and Southeast Asia. The company continuously acquires new customers and maintains sustained, repeat purchasing, selling over 8 million earplugs worldwide.
Fast Company’s Most Innovative Companies 2024 list shines a spotlight on businesses that are shaping industry and culture through their innovations. These organizations are setting new standards and achieving remarkable milestones in all sectors of the economy. Alongside the World's 50 Most Innovative Companies, Fast Company recognizes 606 organizations across 58 sectors and regions.
The World's Most Innovative Companies stands as Fast Company's hallmark franchise and one of its most anticipated editorial efforts of the year.
Fast Company's editors and writers identified the companies driving progress around the world and across industries, evaluating thousands of submissions through a competitive application process. The result is a globe-spanning guide to innovation today, from early-stage startups to some of the most valuable companies in the world. Fast Company’s Most Innovative Companies list is available online, as well as in-app form via iTunes, and on newsstands beginning March 26.
“Our list of the Most Innovative Companies is both a comprehensive look at the innovation economy and a snapshot of the business trends that defined the year,” said Fast Company editor-in-chief Brendan Vaughan. “We saw extraordinary innovation across the board in 2023, but we also saw a handful of clear patterns: the growing footprint and impact of AI, the triumphant return of live events, and great leaps forward in climate tech. We face daunting challenges on many fronts, but the solutions we celebrate in MIC give me plenty of hope about the future.”
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ABOUT LOOP EARPLUGS
Loop is a Belgian lifestyle brand that helps you live life at your volume through innovative and fashion-forward earwear that improves health and well-being. Like sunglasses for your ears. Belgian-born Maarten Bodewes and Dimitri O founded the company in 2016 and it’s been making waves ever since.
The New York Times has named Loop ‘the best earplugs for concerts.’ The company has sold 8 million earplugs around the world, with top sales in the US and customers in more than 150 other countries. Currently, Loop’s team comprises over 250 full-time employees, with a majority working in Antwerp, Belgium and others at hubs in Amsterdam, New York and Shanghai China.
All of Loop’s products are tested extensively according to standard guidelines and practices. Loop earplugs are an officially certified form of hearing protection in line with European law covering personal hearing protection devices and personal protective equipment (PPE). https://www.loopearplugs.com/
ABOUT FAST COMPANY
Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication Inc., and can be found online atwww.fastcompany.com.