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Wednesday, November 1, 2023

Global Coil Zipper Market is Anticipated to Grow at a CAGR of 6.8% during 2024 to 2030

The future of the global coil zipper market looks promising with opportunities in the luggage & bag, sporting good, camping gear, textile & apparel, footwear, automotive, and industrial cosmetic markets. The global coil zipper market is expected to reach an estimated $5.4 billion by 2030 with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are growth in apparel industry, rising demand from automotive industry, and increasing demand for sportswear and outdoor activities.

Some of the key questions answered in this exclusive report are:

Q.1. What are some of the most promising, high-growth opportunities for the coil zipper market by type (nylon, plastics, metal, and invisible), application (luggage & bags, sporting goods, camping gear, textile & apparel, footwear, automotive, and industrial cosmetics), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3.  Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6.  What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Market Segmentation:

In this market, nylon, plastics, metal, and invisible are the major segments of coil zipper market by type. Lucintel forecasts that nylon will remain the largest segment over the forecast period because of the durability, flexibility, and affordability of nylon coil zippers. Within this market, luggage & bags will remain the largest segment over the forecast period due to increasing demand for luggage and bag applications, such as suitcases, backpacks, and duffel bags.

APAC will remain the largest region over the forecast period because of the growing fashion and apparel industry, rapid growth in emerging countries such as India and China, as well as, rapid urbanization in this region.

YKK, RIRI, KAO SHING Zipper, YBS Zipper, Coats Industrial, Fujian Sbs Zipper Science & Technology, LAMPO, IDEAL Fastener, YCC Zippers, and Weixing are the major suppliers in the coil zipper market.

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. 972.636.5056

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