info@marketresearchfuture.com 📞 +1 628 258 0071(US)  📞 +44 2035 002 764(UK)
Zipper Market Global Research Report - Forecast till 2027

Zipper Market Information By Product Type (Close-End and Open-End), By Material Type (Metal, Coil and Molded Plastic), By Application (Apparel, Bags, Shoes and others) - Forecast till 2027

ID: MRFR/CR/1978-CR | February 2021 | Region: Global | 178 pages

Zipper Market Speak to Analyst Request a Free Sample

Zipper Market Analysis


The zipper industry is witnessing rapid growth with the growing clothing and fashion industry.  The Global Zippers market share was valued at USD 15.5 billion in 2020 and is expected to reach USD 24 billion by 2028. Zippers brought a revolution in the fashion industry by enabling rapid opening and closing systems. The fascination of these tiny machines continues even today and is an indispensable fashion icon. 


A zipper is a device used for the temporary binding of two open edges of any flexible material like clothes, bags, etc. The zipper system comprises three elements: slider, teeth, and tapes. The tape acts as an attachment site for teeth and the slider helps in locking and unlocking teeth. Zipper allows easy and frequent opening and closing of open edges that is leading to its popularity. The global zipper market is expected to grow at a Compound Annual Growth Rate ( CAGR ) of 8.2 % over the forecast period (2021-2028).


 


Covid-19 analysis


Covid-19 pandemic adversely affected the global zipper market. The poor performance of the fashion and clothing industry led to a rapid fall in the demand for zippers. Moreover, the closure of production units to curb the virus spread led to a drastic reduction in the production rate of zippers. The zipper industry was also affected by the shortage of labor and capital during the period. However, the market is expected to show a quick recovery after the relaxation of restriction measures globally.


 


Market Dynamics


Drivers


The significant growth of the apparel industry is driving the growth of the global zipper market. The apparel industry is a major end-user industry of zippers. There is a huge demand for zippers in the clothing industry both for functional and for design purposes. Therefore, the growing clothing and fashion industry along with the rising disposable income of people is contributing to the growth of the global zipper market.


Zippers have different irreplaceable applications in a wide range of industries that sustain the market demand. The growing demand from the luggage and bags manufacturing industry is also fuelling the market growth. Moreover, the changing fashion trends may generate huge demand for zippers in the coming times. 


 


Restraints


The availability of alternatives is the major factor hindering the growth of the global zipper market. The zipper alternatives like contemporary buttons, snap buttons, magnetic buttons come into trend sometimes, thereby affecting the global demand for zippers.


 


Technology Analysis


A zipper is a device used to bind the edges of an open part of any flexible material like clothes, bags, etc. It is the most convenient system for frequent closing and opening of bindable edges. It is widely used as a fastening constituent in luggage, clothing, apparel, etc.


A zipper system consists of three major components namely: slider, elements, and tape. Tape is usually made of polyester or and helps in holding elements and sliders. Elements, also known as teeth, are arranged on the edges of the opening. These teeth engage and disengage when the slider moves up and down, leading to the opening and closing of the system. The slider is a device with a y shaped channel to join or separate the elements.


 


Study Objectives


The specific objectives of this market report on the zipper market are given below:



  • To provide a complete overview of the zipper market.

  • To analyze and forecast the zipper market in terms of value and volume.

  • To provide information about the impact of covid 19 on the market and market response thereafter.

  • To point out the problems and prospects of the zipper market.

  • To give technical details about the product.

  • To provide an overview of the regional markets and other market segments.

  • To identify the key players of the zipper industry.



Segment Analysis


By Product Type



  • Close-End

  • Open-End

  • Two-way zippers


The Open-end zippers assist in the complete separation of two edges like in jackets. Whereas closed zippers only allow partial separation of edges. In closed-end type, the zipper stops at one of the ends where two side edges meet. The two-way zippers are a modification of closed-end zippers as it has two sliders stopping at both of the meeting points of the side edges.


By Material Type



  • Metal

  • Coil

  • Molded Plastic


Metals are the most popular zipper manufacturing materials. These zippers are durable and come in various gauge sizes. Metal zippers can be of different metals like aluminum, gunmetal, nickel, antique nickel, and brass. These zippers are popular for having fashion and aesthetic significance. 


However, molded plastic zippers are also occupying a significant market share. The recent developments in plastic zipper technology are successful in developing cost-friendly and durable zippers from plastic.


By Application



  • Apparel

  • Bags

  • Shoes

  • Others


Zippers are an essential component of different apparel. They are used for the fastening of two edges hence enabling easy wearing of clothes. Zippers are commonly used in jackets and jeans. 


However, Zippers are an important component of bags and luggage too. They help with temporary closing and opening of luggage and ensure the safety of the contents inside. 


 


Regional Analysis


The different regional markets for the global zipper market are:


Americas


- North America



  • US

  • Canada

  • Mexico


- South America


 Europe



  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Rest of Europe


 Asia-Pacific



  • China

  • India

  • Japan

  • Australia & New Zealand

  • Rest of Asia-Pacific


 Rest of the world ( RoW )



  • The Middle East

  • Africa.


Asia-Pacific is the largest regional market for zippers. The huge zipper manufacturing base in China, India, Japan, Korea, Bangladesh directly contributes to the market growth. Moreover, this region is also a major manufacturing hub of textiles which are the largest end-users of zippers. Furthermore, a high population and growing demand for fashionable items are generating the demand for zippers.


Europe is the second-largest market for zippers after Asia-Pacific. The luxury apparel and luggage manufacturing industry accounts for most of the demand. Germany is the largest sub-segment in the European region generating huge demand. 


The American segment also accounts for a significant share in the global zipper market. The Clothing and Fashion industry accounts for most of the demand. The high disposable income of people for clothing and fashion items will likely fuel the market growth in this region.


The Middle East segment is also witnessing a significant demand for Zippers.  The changing fashion trends and growing working-class population will lead to market growth in this region. The African segment is expected to grow at a moderate rate over the forecast period.


 


Competitive Landscape


The major global companies playing a key role in the zipper market are :



  • YKK Corporation (Japan)

  • Riri SA (Switzerland)

  • YBS Zipper Group (South Korea)

  • Kao Shing Zipper Co., Ltd. (Taiwan)

  • Ideal Fastener Corporation (US),

  • Coats Opti (Germany)

  • Salmi Oy (Finland)

  • Max Zipper Co., LTD (Taiwan),

  • Triple Power (Fujian) Zipper Co., Ltd. (China)

  • HHH Zipper (South Korea)

  • Keen Ching Industrial Co., Ltd. (Taiwan),

  • Sancris Linhas e Fios Ltd. (Brazil)

  • Valiant Industrial Co., Limited (Taiwan)

  • UCAN Zipper USA (US)

  • Fujian SBS Zipper Science & Technology Co. Ltd. (China)

  • Jinjiang Fuxing Zipper Co. LTD (China)

  • YCC Zippers (China)

  • WeiXing Co., Ltd (China)

  • Wenzhou Great Wall Zipper Group Co., Ltd (China)


 


Recent Developments


In September 2020, YKK, the leading Japanese fastening systems manufacturing company, launched zippers treated with Polygiene’s ViralOff® technology. The zipper textile treated with the treatment promises to reduce viruses by 99 percent in 2 hours.


 


Intended Audience


This report will be beneficial for every stakeholder of the zipper market such as :



  • Manufacturers of zippers

  • Raw materials suppliers

  • R&D Institutes

  • Potential Investors

  • End users


 


Report Overview


This report from Market Research Future provides an in-depth analysis of the zipper market in terms of current value and future forecast. This report has also highlighted the problems and prospects of the given market. Moreover, the technological analysis section of the report will help in understanding the product and its market prospects.  Furthermore, this report contains a detailed analysis of different market segments for the current forecast period. This report has also identified the key players and the current developments in the zipper market. 



Speak to Analyst Ask for Customization

Frequently Asked Questions (FAQ) :

Zipper market CAGR would be 7.64% during the forecast period.

Zipper market valuation would be USD 17960.8 Million by 2024.

Alternatives like buttons, buckles, hooks, and hooks and loops can deter the growth for zipper market.

The apparel segment would dominate zipper market with a projected valuation of USD 7887.86 million by 2024.

The APAC region would dominate the zipper market. It had a market share of 40.03% in 2018.