Press release
Zipper Market to Witness Stunning Growth to Generate Huge Revenue Forecast to 2021-2028
Market OverviewThe global zipper market was expected to reach USD 24 billion by 2028 during the forecast period. During the forecast period, the growth of the global zipper market was hindered by the availability of the alternatives such as contemporary, snap buttons, and magnetic. During the covid 19 pandemic, there was a downfall in the growth of the market due to the lockdown restrictions. The growth of the global zipper market was driven by the growth of the apparel industry. Metals are the most popularly used material in zipper manufacturing.
The demand for zippers was huge in the industry of clothing for both design purposes and functionality. The growth of the global zipper market was contributed by the increase in the clothing and fashion industry with the increase in the income of the people who are contributing to it. The growth of the market was also increased by the increasing demand in the luggage and bag manufacturing industry. Zippers were a very important component of bags and luggage.
The major factor which hinders the growth of the market was the availability of alternatives. The global demand for zippers was mainly affected by the zipper alternatives such as snap buttons, contemporary buttons, and magnetic buttons. The zipper was a device that was used to bind the edges of the open part of any kind of material such as bags, clothes, etc. It was used as a fastening constituent. The zipper system has three components which are slider, elements, and tape.
The intended audience involved in the global zipper market are manufacturers of zippers, end users, raw materials suppliers, potential investors, and R&D institutes.
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Market Segmentation
The global zipper market was segmented based on product type, material type, application, and region.
Based on product type, the global zipper market was divided into the open end and close end.
Based on material type, the global zipper market was divided into molded plastic, metal, and coil.
Based on application, the global zipper market was divided into shoes, apparel, bags, and others.
Based on region, the global zipper market was divided into Asia-Pacific, Europe, North America, and the Rest of the World.
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Regional Classification
The global zipper market was spread in the following regions - North America includes Mexico, US & Canada; South America; Europe includes Spain, the UK, Italy, Germany, & France; Asia-Pacific includes Japan, China, India, Australia & New Zealand; the Middle East and Africa.
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Industry News
The key players involved in the global zipper market are HHH Zipper (South Korea), YKK Corporation (Japan), Keen Ching Industrial Co. Ltd. (Taiwan), Riri SA (Switzerland), Sanctis Linhas e Fios Ltd. (Brazil), YBS Zipper Group (South Korea), Valiant Industrial Co. Limited (Taiwan), Kao Shing Zipper Co. Ltd. (Taiwan), UCAN Zipper USA (US), Ideal Fastener Corporation (US), Fujian SBS Zipper Science & Technology Co. Ltd. (China), Coats Opti (Germany), Jinjiang Fuxing Zipper Co. Ltd. (China), Salmi Oy (Finland), YCC Zippers (China), Max Zipper Co. LTD (Taiwan), WeiXing Co. Ltd. (China), Triple Power (Fujian) Zipper Co. Ltd. (China) and Wenzhou Great Wall Zipper Group Co. Ltd. (China).
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