The zipper market is anticipated to grow at a CAGR of 5.1 % during the forecast period (2022-2028). A zipper is a mechanism that opens and closes sections of clothing and bags. It is used to bind the edges of an opening material or another flexible material, such as a bag, as a fastening component. It’s commonly used for securing and fastening pants, as well as baggage and bags. When compared to hooks, buttons, and other fastener options, zippers are by far the most common and favored fastener. Industries have introduced new technology and the garment sector is a significantly driving the growth of the zipper market during the forecast period.
The global zipper market is segmented based on the product type, material type, and application. Based on the product type, the market is bifurcated into the close-end and open-end. Based on the type, the market is sub-segmented into the metal zipper, nylon zipper, and plastic zipper. Based on the application, the market is augmented into apparel, sporting goods, luggage & bags, camping gear, and others. Among these segments, the apparel segment is expected to propel the growth of the market due to the increasing usage of zippers in apparel globally over the forecast period.
The major market players in the global zipper market are YBS Zipper Group, YKK Group, Riri, Kao Shing Zopper Co. Ltd., IDEAL Fastener Corp., Max Zipper Co. Ltd., KCC Zipper Co. Ltd., ZIP Industries Ltd., Talon International Inc., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in June 2019, YKK introduced all-new sustainable goods with the goal of lowering carbon emissions, harmful chemical use, and water use. The goods in its current collection are manufactured from polyester and other fiber remnants, as well as PET bottles. According to the manufacturer, 10,000 Natulon zippers recycle around 3,600 plastic bottles (29g/bottles). All of these recycled zippers have been certified by Bluesign. GreenRise zippers were created using polyester derived from plant-based plastics made from molasses, a by-product of the sugar manufacturing process. This helps to eliminate the usage of polyesters sourced from conventional fossil fuels, lowering fossil fuel use and CO2 emissions throughout the product cycle.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Product Type
- By Material Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- YBS Zipper Group, YKK Group, Riri, Kao Shing Zopper Co. Ltd., IDEAL Fastener Corp., Max Zipper Co. Ltd., KCC Zipper Co. Ltd., ZIP Industries Ltd., Talon International Inc. among others.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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Global Zipper Market Report by Segment
By Product Type
- Close-End
- Open-End
By Material Type
- Metal Zipper
- Nylon Zipper
- Plastic Zipper
By Application
- Apparel
- Sporting Goods
- Luggage & Bags
- Camping Gear
- Others
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