The global Clothing Fasteners, also known as Zippers, market size was valued at USD 4.2 billion in 2020 and is projected to witness significant growth at a CAGR of 13.6% during the forecast period, according to Reliable Business Insights.
The market is being driven by the growing demand for innovative and fashionable clothing, the rise in e-commerce sales, and an increase in consumer disposable income.
The market is segmented into two types, disposable and reusable, with products like snap buttons, hooks, and pins falling under the disposable category, while zippers, buckles, and buttons are included in the reusable category. The application segmentation includes apparel, footwear, and accessories, with the apparel segment being further divided into tops, bottoms, and others.
The Asia-Pacific region is expected to dominate the Clothing Fasteners market, accounting for almost 50% market share by 2025, with China and India being the primary drivers due to the increasing demand for fashionable clothing. North America and Europe are also expected to witness significant growth, with their mature fashion markets and high demand for premium-quality Clothing Fasteners.
The market is highly competitive, with various multinational companies operating in the industry. The key players in the market provide high-quality, durable, and efficient fastening solutions that enhance the functionality and aesthetics of clothing items
To keep up with the growing demand for eco-friendly clothing fasteners, the report recommends investing in research and development for sustainable and eco-friendly fasteners. With the rise of e-commerce, there is also a need for clearer labeling of the actual material used for the fasteners, ensuring transparency in the supply chain.
By Fashionating World
https://www.fashionatingworld.com/new1-2/zippers-market-set-to-grow-with-increasing-demand-for-innovative-and-fashionable-clothing