Zipper Market In-Depth Analysis of Changing Competitive Dynamics 2019

Zipper Market Highlights

The Global Zipper Market Is Estimated to be Valued at USD 16,957.8 Million by 2024 and is Expected to Register a CAGR of 7.64% During the Forecast Period. Zippers find widespread application in various products. In terms of application, the apparel segment held the largest market share of 46.01% in 2018. The bags segment also held a significant market share and is projected to register a CAGR of 7.52% during the forecast period. The growing demand for zipper bags and increasing sales of luxury handbags are driving the growth of the bags segment.

Market Key Players

• YKK Corporation (Japan)
• Riri SA (Switzerland)
• YBS Zipper Group (South Korea)
• Kao Shing Zipper Co. Ltd. (Taiwan)
• Ideal Fastener Corporation (US)
• Coats Opti (Germany)
• Salmi Oy (Finland)
• Max Zipper Co. LTD (Taiwan)
• Triple Power (Fujian) Zipper Co. Ltd. (China)
• HHH Zipper (South Korea)
• Keen Ching Industrial Co. Ltd. (Taiwan)
• Sancris Linhas e Fios Ltd (Brazil)
• Valiant Industrial Co. Limited (Taiwan)
• UCAN Zipper USA (US)
• Fujian SBS Zipper Science & Technology Co.Ltd. (China)
• Jinjiang Fuxing zipper Co. LTD (China)
• YCC Zippers (China)
• WeiXing Co. Ltd (China) and Wenzhou Great Wall Zipper Group Co. Ltd (China)

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Segmental Analysis

The global zipper market has been segmented on the basis of product type, material type, application, and region.

By product type, the market has been divided into close-end and open-end.

Based on material type, the global zipper market has been classified as metal, coil, and molded plastic.

On the basis of application, the market has been segmented into apparel, bags, shoes, and others.

Key Findings of the Study

• The global zipper market is projected to reach USD 16,957.8 Million by 2024 at a 64% CAGR during the review period of 2019 to 2024.

• Asia-Pacific accounted for the largest market share in 2018, with China being the major contributor to the growth of the regional market.

• The close-end segment is projected to dominate the global zipper market, by product type, during the forecast

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Regional Analysis

Geographically, the Global Zipper Market has been segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. As per MRFR analysis, Asia-Pacific dominated the market, accounting for the largest share in 2018, and the regional market is expected to register the highest CAGR of 8.24%. The European market accounted for the second-largest market share in 2018. The market in Europe is estimated to reach USD 4,334.9 Million by the end of 2024, with Germany being the leading market.

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