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Zipper Market Size, Share and Industry Analysis, By Product Type (Close-End and Open-End), Material (Metal, Coil, and Molded Plastic), By Application (Apparel, Bags, Shoes, and Others), and Geography Forecast till 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI109866 | Status : UpcomingA zipper is a mechanism utilized for the opening and closing of clothing and bag components. This device is used to tie the edges of exposed or other flexible materials, such as bags, stacks, and trousers. Zippers are manufactured using different materials, including metal, plastic, and nylon. The selection of material relies on the particular application and performance criteria. The manufacturers of zippers, such as many other industries, recognize the need to address environmental concerns and adopt eco-friendly practices to meet the growing demand for sustainable products.
- For instance, in November 2023, The YKK Group, a Japan-based manufacturer of zippers, unveiled its latest innovation, the waterproof ‘DynaPel zipper’, incorporating revolutionary GTT EMPEL technology. This zipper is designed to integrate seamlessly with clothing recycling systems. The product avoids conventional polyurethane (PU) films, which are a barrier to textile-to-textile recycling.
The steady growth of the zipper market is driven by the expanding fashion industry, increased demand for convenient and efficient fastening solutions, and the growth of end-use industries. Furthermore, the zipper market expansion is influenced by factors including population growth, rapid urbanization, and rising disposable incomes in emerging economies.
Impact of COVID-19 on the Zipper Market
The COVID-19 pandemic had a substantial effect on various industries globally and the zipper market was no exception. Lockdowns, restrictions on movement, and disruptions in transportation networks led to challenges in the supply chain for many industries, including the zipper market. Moreover, manufacturing plants faced closures or reduced capacity, affecting the production of zippers. With lockdowns and social distancing measures in place, the demand for fashion and apparel dropped significantly. Therefore, retail stores closed temporarily, and consumer priorities shifted toward essential items, impacting the sales of clothing and accessories that typically use zippers.
- For instance, according to data published by Census Bureau, in 2020, sales of clothing decreased by 50.5% during the COVID-19 pandemic.
Segmentation
By Product Type | By Material | By Application | By Geography |
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Analysis by Product Type
Close-end zippers are predicted to grasp a significant share of the zipper market during the forecast period. Closed-end zippers are versatile and find applications in various industries, such as apparel, luggage, accessories, and speciality products. They are suitable for a wide range of garments, including jackets, pants, dresses, and bags. Moreover, closed-end zippers provide enhanced security as the zipper teeth remain engaged throughout the zipper length. This feature is beneficial in applications where the closure needs to be secure and resist accidental openings.
Analysis By Material
The metal segment is expected to lead the zipper market in the upcoming years, owing to the durability of metal zippers used for various applications. Metal zippers are more resistant to wear and tear, making them suitable for products that undergo frequent use and stress, such as jackets, jeans, and heavy-duty bags. Besides, metal zippers often convey a sense of quality and robustness. The metallic appearance adds a touch of sophistication to garments and accessories, making them popular in high-end fashion and luxury products.
Analysis By Application
The apparel segment is anticipated to dominate the market due to the growing demand for zippers from the fashion industry in recent times. Zippers provide efficient and reliable fastening solutions for various types of garments, allowing for easy and quick opening and closing. This convenience is a key factor contributing to their popularity in the apparel industry. Additionally, zippers are versatile and can be used in a wide range of garments, including jackets, jeans, dresses, skirts, and activewear. Their adaptability makes them a go-to fastening option for designers and manufacturers in the apparel sector.
Key Insights
The report covers the following key insights:
- Regulatory Analysis of the Zipper Market
- Market Developments - Merger & Acquisitions, Product Launches, and Partnerships & Expansion Initiatives - Zipper Market
- Overview of the Zipper Market
- Manufacturing Details - For Zipper Market
- Impact of COVID-19 on the Zipper Market
Regional Analysis
The demand for zippers in North American countries, such as the U.S., Canada, and Mexico, has been mounting due to a combination of factors that span various industries and consumer trends. The fashion and apparel industry in North America has experienced significant growth, driven by consumer preferences for trendy and diverse clothing. As a fundamental component of many garments, zippers are in high demand to meet the needs of this expanding market in North America.
- For instance, as per data provided by the Office of Textiles and Apparel (OTEXA) in December 2023, under the U.S. Department of Commerce, the exports of textiles and apparel in the U.S. increased to USD 24.8 billion in 2022, surged nearly by 12% in the last ten years.
Key Players Covered
The report includes the profiles of key players such as YKK Group, Fujian SBS Zipper Science & Technology Co.Ltd., Ningbo MH Industry Co., Ltd, SVP Packing Industry Private Limited, Zip-Pak, Olympic Zipper Limited, Goel Zippers, and Guangzhou QLQ Enterprise Co., Ltd.
Key Industry Developments
- In June 2022, APLIX S.A., a specialist in hook and loop fasteners for technical markets, introduced the Easylock zipper by Aplix. This innovative range comprises the first patented hook-to-hook zipper intuitive and sensory closures designed specifically for flexible packaging.
- In April 2021, The YKK Group, a Japan-based manufacturer of zippers, launched a digital showroom as a way to better engage with customers online, regardless of time or location. The idea behind the online showroom is "connectivity", demonstrating YKK's expertise as a manufacturer of fastener products.
- Global
- 2023
- 2019-2022