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The global Zippers market reached a value of about USD 17.5 billion in 2021. The industry is projected to grow at a CAGR of around 4% in the forecast period of 2022-2027 to reach a value of about USD 22.1 billion by 2027.
The global Zippers industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The industry is being propelled by the extensive application of the product in various goods. In the industry report, the critical demand indicator is the highest category spender by region— Asia Pacific.
A zipper or zip is a typical technique for tying together two cloth edges or other flexible material. It is a device that consists of two rows of metal or plastic teeth and another component that slides over the teeth to allow them to fit together or separate and is used to fasten garments, open or seal bags, and so on. Zippers are found in various sizes, forms, and colours and may be found in clothes, luggage, other bags, camping gear, and many other goods. The Zippers industry report comprises segments based on application (apparel, automotive, luggage, upholstery, military, sports and outdoor, PPE and workwear, footwear, and marine) and region (North America, Europe, Asia Pacific, the Middle East, Africa, and South America).
The Asia Pacific region holds the largest market share and is expected to be the fastest-growing market for Zippers. Due to fast economic expansion, rising per capita income, and a vast working-age population base, China and India will be the driving forces in the Asia Pacific area. Furthermore, due to the expansion in clothing production and the textile sector, Asia-Pacific dominates the zipper market.
The garment sector is driving the market; they are extensively used in clothing because they allow for simple bag opening and closing. End-users are becoming more brand aware and fashion-conscious. As a result, the demand for high-quality branded and exposed zippers has skyrocketed. Furthermore, the luggage sector, which includes handbags, laptop backpacks, school bags, and purses, is the other main demand application. Due to the durability and high-quality fabric required for good protection and to give safe and hassle-free travel in the form of carry-on baggage, backpacks, and purses, the use of zippers in luggage and bags has grown increasingly common. The rest of the demand is accounted for by the army, marines, personal protective equipment, sportswear, and footwear. To keep camping goods closed, zippers are utilised. These products include sleeping bags, tents, and a variety of other items that require a firm grip on the zipper while participating in an outdoor activity or vacation and prevent damage to the bag.
The global Zippers industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Zippers regions, such as engagement models, contract terms, and buyer and supplier negotiation levers.
When a round wire is passed through a rolling mill, which bends the wire into a Y-shape, one stringer with metal teeth (one side of the zipper) is created. The wire is then cut into a tooth with the width required for the type of zipper being constructed. The finished tooth is then inserted into a slot on a spinning turntable with a scoop-shaped die. A tooth is clapped onto the fabric tape by the same component of the machine. The second approach employs flattened metal wire processed with a heading punch and a pocket punch to create scoops that are then cut with a blanking punch to create Y-shapes. The wire is clamped around the fabric tape using Y-shapes. The third method for creating metal zippers involves attaching a mould in the shape of opposing teeth around the cloth and filling it with molten zinc under pressure. When zinc freezes, it takes on the form of teeth.
The extensive industrial evolution is aiding the market, and an increase in disposable income has fueled the worldwide zipper industry. Furthermore, as customers in emerging nations spend more money on branded and attractive clothing, the demand for high-end zippers has grown. Growth in worldwide business possibilities and travel & tourism has resulted in increased baggage industry usage and development, which drives the global zipper market. New zipper advancements include flame-resistant, chemical-resistant, soft, and printed zippers, all of which contribute to the worldwide zipper market's growth. The need for luxury zippers has risen due to a preference for branded purses, footwear, and luggage. Also, the continued trend of customised zippers contributes to the growing market share. Producers of zippers are emphasising the capability to customise zippers to fit detailed customer needs. Zippers are utilised in sports goods because they secure hold on the zipper, allowing it to shut firmly while still maintaining its form and structure. Demand from the vehicle industry is rising, particularly for flame retardant varieties used in seat coverings and other upholstery materials.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
With many local and regional competitors, the worldwide zipper market is highly fragmented. The worldwide zipper market's significant competitors compete on price, quality, and innovation. Producers in the organised sector compete primarily based on brand quality, whereas manufacturers in the unorganised sector compete on price.
1. Executive Summary
2. Zippers Industry Snapshot
2.1. Zippers Market Outlook
2.2. Zippers Industry Analysis by Application
2.2.1. Apparel
2.2.2. Automotive
2.2.3. Luggage
2.2.4. Upholstery
2.2.5. Military
2.2.6. Sports & Outdoor
2.2.7. PPE & Workwear
2.2.8. Footwear
2.2.9. Marine
2.3. Regional Overview
2.3.1. North America
2.3.2. Europe
2.3.3. Asia Pacific
2.3.4. Latin America
2.3.5. Middle East & Africa
3. Impact of Recent Events
4. Zippers Value Chain Analysis
5. Zippers Production Process
6. Trade Analysis
7. Major Risk Factors in Sourcing
8. Zippers Cost Structure
9. Zippers Price Analysis
10. Key Demand Indicator Analysis
11. Key Price Indicator Analysis
12. Zippers Market Dynamics
12.1. Drivers & Constraints
12.2. Industry Events
12.3. Innovations & Trends
12.4. SWOT Analysis
12.5. Porter’s Five Forces
12.5.1. Buyer Power
12.5.2. Supplier Power
12.5.3. Threat of New entrants
12.5.4. Threat of Substitutes
12.5.5. Industry Rivalry
13. Industry Best Practices
13.1. Sourcing Strategy
13.2. Procurement Model
13.3. Contract Structure
13.4. Negotiation Levers
13.5. Pricing Model
13.6. Key Factors Influencing the Quotation
14. Key Supplier Analysis
14.1. YKK Group
14.2. Coats Group Plc
14.3. Ideal Fastener Corporation
14.4. Fujian SBS Zipper Science & Technology Co.Ltd
14.5. Jiaxing Fengchuan Zipper Technology Co.Ltd
The global Zippers market size was valued at USD 17.5 billion in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 4%.
The significant demand for zippers in the clothing segment is one of the essential drivers of the Zippers market growth.
The YKK Fastening Products Group, Coats Group PLC, Ideal Fastener Corporation, Fujian SBS Zipper Science & Technology Co. Ltd and Jiaxing Fengchuan Zipper Tech Co., Ltd. are some of the key companies in the market.
The Asia Pacific region of the Zippers industry holds a significant share in the market.
The global Zippers market attained a value of USD 17.5 billion in 2021, driven by the garment sector; they are extensively used in clothing because they allow for simple bag opening and closing. Furthermore, the luggage sector, which includes handbags, laptop backpacks, school bags, and purses, is the other main demand application. Aided by the extensive industrial evolution, the worldwide zipper industry has been fueled by an increase in disposable income. the demand for high-end zippers has grown, furthering the market growth. New zipper advancements include flame-resistant, chemical-resistant, soft, and printed zippers, all of which contribute to the global zipper market's growth. The market is expected to witness a further increase in the forecast period of 2022-2027, growing at a CAGR of 4%. The market is projected to reach USD 22.1 billion by 2027. Some of the leading players in the industry are The YKK Fastening Products Group, Coats Group PLC, Ideal Fastener Corporation, Fujian SBS Zipper Science & Technology Co. Ltd and Jiaxing Fengchuan Zipper Tech Co., Ltd.
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