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October 26, 2016

Worldwide Zipper Market Analysis and Development Trends


The global market for Zippers is projected to reach US$13.7 billion
by 2020, driven by the strong production and sales of apparel, luggage,
and footwear. Asia-Pacific represents the largest as well as the fastest
growing market worldwide with a CAGR of 8.8% over the analysis period.
The growth in the region is led by healthy GDP gains, rising standards
of living, increasing disposable income, growing population and a
parallel rise in demand for textile and apparel. Strong automobile
production in the region is encouraging use of zippers, especially flame
retardant spiral zips, for seat covers and other vehicle upholstery
systems.

Snapshot Summary of Trends & Drivers

Market Analytics

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