What is Global Plastic Buckles Market?
The Global Plastic Buckles Market is a comprehensive study of the various aspects of the plastic buckle industry on a global scale. Plastic buckles are ubiquitous, found in everyday items such as bags, luggage, outdoor gear, and many other products. The market for these small but essential items is vast and diverse, with a multitude of manufacturers, suppliers, and consumers spread across the globe. In 2022, the global market value for plastic buckles was US$ 434 million. This figure is projected to increase to US$ 506.3 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 2.2% from 2023 to 2029. This growth is driven by various factors, including the increasing demand for durable and lightweight buckles in various industries.
Side Release Buckles, Center Push and Cam Buckles, Others in the Global Plastic Buckles Market:
The Global Plastic Buckles Market is segmented into different types based on their design and functionality. These include Side Release Buckles, Center Push and Cam Buckles, among others. Side Release Buckles are commonly used in luggage and outdoor gear due to their ease of use and durability. They are designed to be easily fastened and unfastened with one hand, making them ideal for situations where speed and convenience are paramount. Center Push Buckles, on the other hand, require both hands to fasten and unfasten but offer a higher level of security. They are often used in high-stress applications where the buckle must withstand significant force. Cam Buckles are another type of buckle that is popular in the market. These buckles use a cam mechanism to secure the strap, providing a strong and reliable hold. Each of these buckle types has its own unique advantages and applications, contributing to the diversity and versatility of the Global Plastic Buckles Market.
Outdoor, Bags & Luggage, Others in the Global Plastic Buckles Market:
The Global Plastic Buckles Market finds its usage in various areas including Outdoor, Bags & Luggage, and Others. In the outdoor sector, plastic buckles are used in a wide range of products such as tents, backpacks, and outdoor clothing. Their lightweight and durable nature make them ideal for these applications. In the Bags & Luggage sector, plastic buckles are used in everything from high-end designer bags to everyday school backpacks. They provide a secure and reliable method of fastening, while also being easy to use. The 'Others' category includes a wide range of other applications for plastic buckles, from pet collars to safety equipment. The versatility and utility of plastic buckles make them a vital component in a wide range of products across various industries.
Global Plastic Buckles Market Outlook:
The future outlook of the Global Plastic Buckles Market is promising. In 2022, the market was valued at US$ 434 million. This figure is expected to rise to US$ 506.3 million by 2029, indicating a steady growth rate of 2.2% during the forecast period from 2023 to 2029. The Asia-Pacific region is the largest consumer of plastic buckles, accounting for 70% of the global volume market share in 2018. North America follows, with a market share of about 10%. These figures highlight the global demand for plastic buckles and the potential for growth in this market.
| Report Metric | Details |
| Report Name | Plastic Buckles Market |
| Accounted market size in 2022 | US$ 434 million |
| Forecasted market size in 2029 | US$ 506.3 million |
| CAGR | 2.2% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | YKK, Nifco Inc., ITW Nexus, American Cord & Webbing, KAM Garment Accessories, Due Emme, Duraflex, Zhongshan Jimei Handbag Part Co., Ltd, Directex, John Howard Company, Shin Fang Plastic Industrial Co, Nung Lai Co, Stonex Co, Bowmer Bond |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
