What is Global Clothing Fasteners Market?
The Global Clothing Fasteners Market is a vast and dynamic sector that encompasses a wide range of products used to fasten or secure clothing items. These fasteners, which include zippers, buttons, snaps, and others, play a crucial role in the fashion and apparel industry. They not only serve a functional purpose but also contribute to the aesthetic appeal of clothing. The market for these fasteners is truly global, with manufacturers, suppliers, and consumers spread across different regions of the world. The market's value was estimated to be around US$ 16260 million in 2022. It is projected to grow at a compound annual growth rate (CAGR) of 4.7% from 2023 to 2029, reaching a value of approximately US$ 21420 million. This growth is driven by various factors, including increasing demand for fashionable and functional clothing, technological advancements in fastener design and manufacturing, and the expansion of the global apparel industry. However, the market is also characterized by intense competition, with the top five manufacturers accounting for about 20% of the total market share.
Zippers, Buttons, Snaps, Others in the Global Clothing Fasteners Market:
Among the different types of clothing fasteners, zippers are the most popular, accounting for over 65% of the market. Zippers are widely used in various types of clothing, including jackets, trousers, dresses, and bags, due to their ease of use, durability, and versatility. They are available in different sizes, styles, and materials, catering to the diverse needs and preferences of consumers. Buttons, on the other hand, are traditional fasteners that continue to be used in various types of clothing, including shirts, coats, and trousers. They are valued for their aesthetic appeal and the classic look they provide to clothing items. Snaps are another type of fastener that is commonly used in children's clothing, sportswear, and workwear. They are easy to use and provide a secure fastening, making them suitable for active and demanding environments. Other types of fasteners include hooks and eyes, buckles, and Velcro, each with their unique features and applications.
Jackets and Coats, Trousers, Others in the Global Clothing Fasteners Market:
Clothing fasteners are used in a wide range of clothing items, including jackets and coats, trousers, and others. Jackets and coats often use zippers or buttons as fasteners, as they provide a secure and adjustable closure. They also contribute to the overall style and design of the jacket or coat, enhancing its aesthetic appeal. Trousers, on the other hand, commonly use zippers or buttons for fastening. These fasteners allow for easy dressing and undressing and provide a snug and comfortable fit. Other clothing items that use fasteners include dresses, skirts, shirts, and bags. In each of these applications, the choice of fastener depends on various factors, including the type of clothing, the material used, the desired level of security, and the aesthetic preferences of the consumer.
Global Clothing Fasteners Market Outlook:
In conclusion, the Global Clothing Fasteners Market is a significant and growing sector within the global apparel industry. It is characterized by a wide range of products, intense competition, and a high degree of innovation and technological advancement. The market's growth is driven by increasing demand for fashionable and functional clothing, as well as the expansion of the global apparel industry. However, manufacturers and suppliers in this market face various challenges, including changing consumer preferences, technological disruptions, and competitive pressures. Despite these challenges, the market is expected to continue its growth trajectory in the coming years, driven by the ongoing demand for clothing fasteners and the introduction of new and innovative products.
| Report Metric | Details |
| Report Name | Clothing Fasteners Market |
| Accounted market size in 2022 | US$ 16260 in million |
| Forecasted market size in 2029 | US$ 21420 million |
| CAGR | 4.7% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by Application |
|
| By Region |
|
| By Company | YKK, Coats Industrial, MORITO, Weixing Group, SBS, Velcro, YBS Zipper, YCC, Kuraray Group, RIRI, Paiho, IDEAL Fastener, Changcheng La Chain, APLIX, SALMI, Koh-i-noor, 3F, EMSIG, Sanli Zipper, MAX Zipper, Shingyi, Jianli, HHH Zipper, Primotex |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
