Zippers Global Market Report 2023: Sector to Reach $23.6 Billion by 2030 at a 4.5% CAGR


Dublin, Feb. 13, 2023 (GLOBE NEWSWIRE) -- The "Zippers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Zippers Market to Reach $23.6 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Zippers estimated at US$17.7 Billion in the year 2022, is projected to reach a revised size of US$23.6 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2022-2030. Metal Zippers, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$11.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Nylon Zippers segment is readjusted to a revised 4.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.8 Billion, While China is Forecast to Grow at 6.1% CAGR

The Zippers market in the U.S. is estimated at US$4.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2030 trailing a CAGR of 6.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$3.1 Billion by the year 2030.

Select Competitors (Total 82 Featured) -

  • Coats Plc
  • Ditta Giovanni Lanfranchi S.p.A.
  • EMR Fermuar Tekstil ve Aksesuar
  • Fujian SBS Zipper Science & Technology Co. Ltd.
  • Hang Sang Zipper Co. Ltd.
  • IDEAL Fastener Corp.
  • Jinjiang Fuxing Zipper Co. Ltd.
  • Max Zipper Co., Ltd.
  • Olympic Zippers Ltd.
  • Riri Group
  • Talon International, Inc.
  • Tex Corp Ltd.
  • YKK Corp.
  • ZIP Industries Ltd.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Looking Ahead to 2023

The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet.

Report AttributeDetails
No. of Pages293
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$17.7 Billion
Forecasted Market Value (USD) by 2030$23.6 Billion
Compound Annual Growth Rate3.7%
Regions CoveredGlobal



Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Zippers: An Introductory Prelude
  • Recent Market Activity
  • Steady Growth Projected for Zippers over the Coming Years
  • Asia-Pacific Emerges as the Most Important Regional Market for Zippers
  • China & India Offer Significant Growth Opportunities
  • Share of Developed Regions Continue to Dwindle
  • Zippers - Global Key Competitors Percentage Market Share in 2022 (E)
  • Zippers Competitor Market Share Scenario Worldwide (in %): 2020 & 2025
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Technology Advancements: Spearheading Growth
  • Plastic Zippers Replace Metal Zippers
  • All Eyes on the 'Waterproof' Zipper
  • Stylish Zipper Pullers in Great Demand
  • Specialty Zippers: A Niche Category
  • Exposed Metal Zipper: The Latest Fashion Trend
  • Flourishing Branded Apparel Industry Bodes Well for the Zipper Market
  • Growing Girl's & Women's Clothing Market: A Business Case for Zippers
  • Increase in Soft Luggage Demand Promises Bright Prospects for Zippers
  • Rising Footwear Sales Strengthen Market Prospects
  • Zippers Make Robust Gains in Automotive Interiors
  • Sewing as a Stress Buster Activity Bodes Well for Zippers
  • Online Marketing and Online Sales Increase Market Competition
  • Macro Factors Driving the Clothing, Apparel & Luggage Sectors Generate Parallel Opportunities for Zippers
  • Expanding Clothing Needs of Ballooning World Population
  • Retail Sprawl in the Thriving Urban Territories
  • Rising Affluence of Middle Class Consumer Segment
  • Favorable Economic Scenario

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/6qpicc

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Attachment

 
Global Market for Zippers

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