Zipper Market Is Estimated To Record a CAGR of Around 8.20% During The Forecast Period
Evolve Business Intelligence has published a research report on the Global Zipper Market, 2023–2033. The Global Zipper market is projected to exhibit a CAGR of around 8.20% during the forecast period of 2023 to 2033.
Evolve Business Intelligence has recognized the following companies as the key players in the global Zipper Market: YBS Zipper, KAO SHING ZIPPER, IDEAL Fastener, Coats Industrial, SALMI, MAX Zipper, Sanli Zipper, HHH Zipper, KCC Zipper, Sancris.
Market Highlights
Global Zipper market is projected to be valued at USD 29.35 Billion by 2033, recording a CAGR of around 8.20% during the forecast period. A zipper, also known as a zip or zip fastener, is a popular type of closure used in clothing, bags, and various other products to fasten two pieces of fabric together. It consists of two parallel rows of interlocking teeth or coils that can be opened or closed by sliding a slider or puller up or down the rows. When the slider is moved upward, the teeth interlock and close the gap, securing the items. Conversely, moving the slider downward separates the teeth and opens the gap, allowing for easy access. Zippers come in different sizes, materials, and styles, making them a versatile and commonly used fastening mechanism in modern apparel and accessories.
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The COVID-19 pandemic had a profound and transformative impact on the Zipper market. As the pandemic led to widespread health concerns and increased emphasis on hygiene, there was a surge in demand for products like personal protective equipment (PPE) and medical clothing, where zippers were essential components. The zipper industry witnessed a shift in production priorities, with manufacturers focusing on supplying zippers for medical gowns, coveralls, and face mask packaging. Additionally, the pandemic prompted increased interest in touchless and antimicrobial zipper technologies to cater to the demand for contactless interactions and germ-resistant products. While the fashion industry initially faced challenges due to reduced consumer spending, it adapted by incorporating zippers into more casual and comfortable clothing, aligning with the rising popularity of work-from-home attire. These changes accelerated the adoption of innovative zipper solutions and spurred the industry to explore new applications and markets.
Segmental Analysis
The Global Zipper market has been segmented based on Material Type, and Application.
Based on the Material Type, the Zipper market is segmented into Molded Plastic, Metal, and Coil. The Metal segment is expected to have a larger market share throughout the forecast period.
Based on the Application, the global Zipper market has been divided into Shoes, Apparel, Bags, and Others. The Bags segment is anticipated to dominate the market.
For More Information : https://evolvebi.com/report/zipper-market-analysis-and-global-forecast-2023-2033-with-covid-impact-analysis/
Regional Analysis
The Zipper market is divided into five regions: North America, Europe, Asia-Pacific, South America, and the Middle East, & Africa. North America region includes countries like the U.S. and Canada, where the zipper industry plays a significant role in various sectors, such as apparel, automotive, and manufacturing. European countries, such as Germany, Italy, and the United Kingdom, have a well-established textile and fashion industry, making zippers an essential component of their products. Asia-Pacific countries, particularly China, Japan, South Korea, and India, have a dominant presence in the zipper market. These countries are not only major consumers of zippers but also significant manufacturers and exporters. South American countries, including Brazil, Argentina, and Colombia, have a growing demand for zippers, driven by their expanding textile and fashion industries. Middle East and Africa While the zipper market may be comparatively smaller in this region, there is still a demand for zippers in various applications, including clothing, luggage, and industrial use.
