Luxury Zipper Market Size, Share Global Analysis Report, 2023 – 2030

Industry Insights

[193+ Pages Report] According to the report published by Facts Factors, the global luxury zipper market size was worth around USD 1,902 million in 2022 and is predicted to grow to around USD 2,864 million by 2030 with a compound annual growth rate (CAGR) of roughly 6.02% between 2023 and 2030. The report analyzes the global luxury zipper market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the luxury zipper market.

The report encompasses the forecast as well as analysis of the luxury zipper on a global and regional level. The study displays historical data of 2020 to 2022 along with a forecast from 2023 to 2030 based on revenue (USD Million). Additionally, the market growth drivers, opportunities, limitations, and trends are also included in the luxury zipper report.  

We have included industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the luxury zipper in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies used by market competitors. It also encompasses PESTLE analysis and SWOT analysis.

Key Insights from Primary Research

• After exhaustive sessions of face to face and telephonic interviews with top executives working in luxury clothing industry, we observed that the global market is expected to foresee an enormous boost with a CAGR of nearly 7% by the end of 2030.
• As per the online surveys conducted by FnF primary research team, metal zipper is the dominant segment in the global luxury zipper market and is expected to grow at a CAGR of around 6% from 2023 to 2030. 
• Based on the observation on test marketing, nylon zipper is anticipated to bolster in global market with approximately 6.02% CAGR from 2023 to 2030. 
• Through primary research, it was established that metal zipper market was valued at around USD 1,902 million in 2022.
• On the basis of end-user, the “Others” category held the leading share at more than 51%, in 2022.
• Based on region, Asia-Pacific oppressed the market in 2022. CXOs also believe this region to witness the fastest growth on account of rising consumer spending, cheaper labor and raw materials especially in China, India and Southeast Asia.

Key Recommendations from Analysts

• As per our analysts, the nylon zipper market is the fastest growing market with an expected CAGR of 7% till 2030.
• Growing at a CAGR of around 8%, others market is blooming in the global market this is going to create a lot of opportunities for the manufacturers to introduce new products in the market.
• Based on the data obtained through secondary research, our analysts have anticipated that Asia Pacific is the fastest growing region with the biggest market share.
• Our analysts have identified the metal zippers and nylon zippers categories are leading the global zipper market reason being the simplicity in terms of aesthetics and maneuverability as well as good quality of the product.
• Our analysts forecast the global luxury zippers market to bring lucrative avenues for the key players owing to increasing penetration of premium clothing brands especially in Asia-Pacific and Middle East & Africa regions.

Market Attractiveness – By End-User

The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the luxury zipper. Moreover, the study offers wide coverage of key strategic improvements witnessed in the market such as acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, R&D activities, and geographical expansion of key players of the luxury zipper.

The study provides a decisive view of the luxury zipper market by segmenting it on the basis of type, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2023 to 2030. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East, and Africa.

In recent years, using luxury leather goods such as handbags, etc. is considered a symbol of status and this is one of the major factors contributing to the growing demand for luxury goods such as luxury zippers. Considering the production of luxury handbags and related items, quality and other aspects play a very critical role. Buying luxury products is a psychological game. Many users purchase expensive leather goods to reward themselves for their hard work, which they typically can’t afford. In the age of ever-changing trends, manufacturers of luxury goods have started to keep their eye on the HENRYs (High-Earners-Not–Rich-Yet), the consumer class that is increasing nowadays and is going to become increasingly popular in the future.

Another factor propelling the growth of the luxury zipper market is the increasing popularity of high-end clothing. Increasing brand loyalty among customers and the rising number of millionaires are some of the factors anticipated to increase the demand for high-end clothing. The rising perception among customers that luxury apparels contribute to greater social acceptance is further driving the product demand.

Report Scope

The luxury zipper is segmented based on type, end-user, and region.  Type-wise, the market is classified into the metal zippers, nylon zippers, plastic zippers, and others. In terms of end-user, the market segment is sectored into clothing/wearable and others. Region segment is bifurcated in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Some of the leading players in the global market include

• YKK Corporation
• Riri SA
• YBS Zipper Group
• KAO SHING CO. LTD
• Ideal fastner
• Coats Group plc
• Fujian SBS Zipper Science and Technology
• 3F Fuxing Group
• YCC
• Weixing Co. Ltd
• Lampo.

This report segments the luxury zipper as follows:

By Type Segment Analysis

• Metal zipper
• Nylon zipper
• Plastic zipper
• Others

By End-User Segment Analysis

• Clothing/wearable
• Others

By Regional Segment Analysis

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • South-East Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• The Middle-East and Africa
  • GCC Countries
  • South Africa
  • Rest of Middle-East Africa

Key Pointers Addressed by the Report

• Historical data and forecast analysis of the market
• Drivers and Restraints affecting market dynamics
• Exhaustive analysis about the future market trends
• Comprehensive information about the leading market segments and region
• Strategic developments made by the competitive players and in-depth analysis about its impact on market growth