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Global Zipper Market Information by Product Type (Close-End and Open-End), Material Type (Metal, Coil and Molded Plastic), Application (Apparel, Bags, Shoes and others) and Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa) - Forecast till 2024
Market analysis
Zippers are a vital fastener with its various uses in footwear, baggage, attire wear, etc. Zippers are accessible in several, silhouettes, dimensions, colors and standards. They are mass-produced from various materials including metal, nylon, and plastic. The usage of zippers has long-drawn-out from denims, pants to formal shirts and T-shirts as a creative addition. The Global Zipper Market is anticipated to record a CAGR of 7.64% to reach USD 16,957.8 Million by 2024. On account of compensations such as suitability, competence, user-friendliness, zippers find prevalent use in customer products. Its applications comprise of apparel, baggage, bags, shoes, camp out gears, seat covers, purses, and beds. Likewise, moving style trends are positively lashing the growth of global zipper market. There are diverse types of zippers which are used to boost the appearance of products along with serving the functionality of its’ fasteners. Moreover, the growth of the clothing industry is creating prospects for zipper manufacturers.
Market segmentation
The development of the clothing segment can be credited to present fashion trends inducing the use of zippers. The apparel segment is projected to be the major one, recording the maximum CAGR to reach USD 7,887.86 Million by the end of 2024. Zippers are extensively used in everyday clohing and attires to manage pockets and sleeve openings while also making them look attractive, overall. The market for Zippers is further divided into the following types; viz; by Product Type (Close-End & Open-End), by Material Type (Molded Plastic, Coil & Metal), by Region- North America (US, Canada, Mexico), Europe (UK, Germany, France, Turkey, Spain, Italy, Rest of Europe), Asia-Pacific (South Korea, India, China, Japan, Vietnam, Indonesia, Australia, Rest of Asia-Pacific), MEA (Egypt, Nigeria, South Africa, UAE, Rest of the Middle East & Africa), etc.
Regional analysis
Geographically, the Zippers Market is segmented and targeted into global regions like North America, Asia-Pacific, Middle East and Africa along with the European market. The European market is predictable to reach USD 4,334.9 Million by 2024, while Germany accounted for maximum share of the regional market in 2018. The growth of the zipper market in Germany is thus driven by growing consumer proclivity for indulgence purses in which metal zippers are extensively used to give a graceful appearance. Additionally, Asia-Pacific accounted for the largest market share of 40.03% in 2018 and the regional market is projected to exhibit the highest CAGR of 8.24% during the forecast period. This is anticipated to thrust the growth of the zipper market during the forecast period. China is one of the foremost markets in the region, accounting for the largest expected market share during the said period. The requirement of apparel has been growing in the region with the textile industry mounting considerably over the past few years.
Major players
Companies like Coats Opti (Germany), YBS Zipper Group (South Korea), Ideal Fastener Corporation (US), YKK Corporation (Japan ), WeiXing Co., Ltd (China), Salmi Oy (Finland), Max Zipper Co., LTD (Taiwan), Triple Power (Fujian) Zipper Co., Ltd. (China), Riri SA (Switzerland), HHH Zipper (South Korea), Keen Ching Industrial Co., Ltd. (Taiwan), Valiant Industrial Co., Jinjiang Fuxing zipper Co. LTD (China), Limited (Taiwan), Kao Shing Zipper Co., Ltd. (Taiwan), Sancris Linhas e Fios Ltd (Brazil), UCAN Zipper USA (US), Fujian SBS Zipper Science & Technology Co. Ltd. (China), YCC Zippers (China), and Wenzhou Great Wall Zipper Group Co., Ltd (China) are the most prominent players in the global zipper market.
Market analysis
Zippers are a vital fastener with its various uses in footwear, baggage, attire wear, etc. Zippers are accessible in several, silhouettes, dimensions, colors and standards. They are mass-produced from various materials including metal, nylon, and plastic. The usage of zippers has long-drawn-out from denims, pants to formal shirts and T-shirts as a creative addition. The Global Zipper Market is anticipated to record a CAGR of 7.64% to reach USD 16,957.8 Million by 2024. On account of compensations such as suitability, competence, user-friendliness, zippers find prevalent use in customer products. Its applications comprise of apparel, baggage, bags, shoes, camp out gears, seat covers, purses, and beds. Likewise, moving style trends are positively lashing the growth of global zipper market. There are diverse types of zippers which are used to boost the appearance of products along with serving the functionality of its’ fasteners. Moreover, the growth of the clothing industry is creating prospects for zipper manufacturers.
Market segmentation
The development of the clothing segment can be credited to present fashion trends inducing the use of zippers. The apparel segment is projected to be the major one, recording the maximum CAGR to reach USD 7,887.86 Million by the end of 2024. Zippers are extensively used in everyday clohing and attires to manage pockets and sleeve openings while also making them look attractive, overall. The market for Zippers is further divided into the following types; viz; by Product Type (Close-End & Open-End), by Material Type (Molded Plastic, Coil & Metal), by Region- North America (US, Canada, Mexico), Europe (UK, Germany, France, Turkey, Spain, Italy, Rest of Europe), Asia-Pacific (South Korea, India, China, Japan, Vietnam, Indonesia, Australia, Rest of Asia-Pacific), MEA (Egypt, Nigeria, South Africa, UAE, Rest of the Middle East & Africa), etc.
Regional analysis
Geographically, the Zippers Market is segmented and targeted into global regions like North America, Asia-Pacific, Middle East and Africa along with the European market. The European market is predictable to reach USD 4,334.9 Million by 2024, while Germany accounted for maximum share of the regional market in 2018. The growth of the zipper market in Germany is thus driven by growing consumer proclivity for indulgence purses in which metal zippers are extensively used to give a graceful appearance. Additionally, Asia-Pacific accounted for the largest market share of 40.03% in 2018 and the regional market is projected to exhibit the highest CAGR of 8.24% during the forecast period. This is anticipated to thrust the growth of the zipper market during the forecast period. China is one of the foremost markets in the region, accounting for the largest expected market share during the said period. The requirement of apparel has been growing in the region with the textile industry mounting considerably over the past few years.
Major players
Companies like Coats Opti (Germany), YBS Zipper Group (South Korea), Ideal Fastener Corporation (US), YKK Corporation (Japan ), WeiXing Co., Ltd (China), Salmi Oy (Finland), Max Zipper Co., LTD (Taiwan), Triple Power (Fujian) Zipper Co., Ltd. (China), Riri SA (Switzerland), HHH Zipper (South Korea), Keen Ching Industrial Co., Ltd. (Taiwan), Valiant Industrial Co., Jinjiang Fuxing zipper Co. LTD (China), Limited (Taiwan), Kao Shing Zipper Co., Ltd. (Taiwan), Sancris Linhas e Fios Ltd (Brazil), UCAN Zipper USA (US), Fujian SBS Zipper Science & Technology Co. Ltd. (China), YCC Zippers (China), and Wenzhou Great Wall Zipper Group Co., Ltd (China) are the most prominent players in the global zipper market.
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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