Stop in for a cup of coffee

I need to get some peg board up in my shop, every time I work on something I'm digging stuff out of my tool box. I found one that can go on the back of my roll around, that one's 52 inches wide. With the height of my work bench I think I only want a 24 inch tall but around 10 feet wide.
Hate the stuff. Gave away pretty much a truckload of it. Grab wrench, hook falls out. Pick up hook and doesent want to go back in board. Remove other crap to make room to get hook to right angle, move more stuff and so on.

a blob of silicone in each hole prevents hooks from wandering off. Hot glue would work.