Zipper Market Growth Factors And Trends By Forecast 2023 | CMZ Zipper (WUXI) Co. Ltd., Coats Plc., KCC Zipper Group, IDEAL Fastener Corporation

Zippers are essential fastening component which has various important applications such as textile, footwear, automotive and luggage. Global zipper market is anticipated to be driven by the mounting growth of textile industry in recent years. Textile industry is experiencing a substantial growth both in developed and developing economies, as zippers are used as an important component in the apparel industry which in turn escalates the sales of zippers during the forecast period. In addition, zippers are also used in the sports & outdoor footwear products which can be considered as an important factors for the growth of zipper market. These factors will play a key role in the growth of zipper market at the CAGR of 8.3% during 2016-2022.

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Top Competitors:

CMZ Zipper (WUXI) Co. Ltd.
Coats Plc.
IDEAL Fastener Corporation
SBS International Development Ltd.
KCC Zipper Group
Hang Sang Zipper Co Ltd
Olympic Zipper Limited

Market Synopsis:

Zippers are essential fastening component which has various important applications such as textile, footwear, automotive and luggage. However, every garment has zipper to secure them in place. One of the significant reason for enhancing the sales of zippers is changing lifestyle of the consumer coupled with the rising disposable income of the consumer.

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Table Of Contents

1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions

2.2.3 Limitations

2.3 Markets Structure

2.4 Stakeholders

3 Research Methodology

3.1 Research Application

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

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Geographical Analysis:

The global zipper market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these North American region is expected to account decent market proportion throughout the forecast period. The market is estimated to grow at an above average CAGR during the forecast period. This is attributed by the mounting growth of fashion apparel in U.S. coupled with the rising retail industry growth rate over the last decade. Also, sports is also driving the sales of zipper market during the forecasted period. Asia Pacific region is projected to account maximum market share by the end of 2017 and it is anticipated to retain its dominance over the forecast period. This is attributed by the rising disposable income coupled with the increasing population in Asia Pacific is anticipated to propel the overall growth of the zipper market. Apart from that, India and Chinese consumers are increasingly adopting western culture which is anticipated to positively influence the sales of global zipper market.

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