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Latin America Zipper Market Research Report Forecast to 2030
Market Report I 2023-05-25 I 96 Pages I Market Research Future
Latin America Zipper Market Research Report Forecast to 2030
Market Overview
The Latin America zipper market is projected to witness significant growth during the review period, exhibiting a CAGR of 6.76%. One of the main factors propelling the Latin America zipper industry is Emerging economies' expanding food and beverage industries' demand for the development of closures that are easy to use, contaminant-resistant, and high-performing. The need for zipper packaging is driven by continuous zipper technologies, which provide clients with higher-quality packaging options. A shift in consumer behavior has increased reliance on packaged, prepared, and processed goods, which has also driven the flexible packaging supply chain to engage and align product offerings with end-user needs. The zipper closures come in a variety of designs, including ribbed, double-lock, flange, and color-reveal zippers, among others.
Another important driving factor is the need for sustainable fashion has increased because of several changes to the garment industry in recent years. Consumers are expecting more openness about the design and production processes as they become more environmentally concerned. Users may sort goods on several websites that sell clothing by their desired sustainability credentials. The primary factors driving the growth of the Latin America zipper market are consumer demand for items featuring zippers, expanding economies, and an increase in the number of garment, textile, and fashion accessory manufacturing companies in Latin America. Recent innovations in the zipper sector, such as flammable zippers, chemically resistant zippers, soft zippers, and printed zippers, support the expansion of the Latin America zipper market. Because consumers like branded handbags, shoes, and luggage, the need for high-end/premium zippers has increased.
Market Segmentation
Based on product type, the Latin America zipper market has been segmented into close-end and open-end. The close-end segment has been further bifurcated into conventional and invisible.
Based on material type, the Latin America zipper market has been segmented into metal, coil, plastics, and others. The metal segment accounted for the market share of 42.44% in 2021 and is likely to register a CAGR of 6.88% during the projected period.
Based on function, the Latin America zipper market has been segmented into a standard and multifunction. The multifunctional segment is bifurcated into reflective, water-repellent, sustainable, and heat resistant.
Based on end users, the Latin America zipper market has been segmented into apparel, sporting goods, luggage, bag, camping gear, and others. The apparel segment accounted for the market share of 36.25% in 2021 and is likely to register a CAGR of 7.05% during the projected period.
Regional Analysis
Based on the country, the Latin America zipper market has been segmented into Brazil, Argentina, Peru, Colombia, and Rest of the Latin America. Brazil accounted for the market share of 42.20% in 2021 and is likely to register a CAGR of 7.01% during the projected period. Argentina is likely to register a CAGR of 6.84% during the projected period. Peru is likely to register a CAGR of 6.04% during the projected period.
Major Players
Fujian SBS Zipper Science & Technology Co. Ltd. (China), Kreband S.L.(Spain), YKK Corporation (Japan), Coats Group PLC (UK), Corporacion Rey SA (Peru), SANCRIS Linhas E Fios Ltd. (Brazil), Talon International (California), ABS Zipper (China), and Atics Industrial Corporation (Taiwan).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 12
1.1 GLOBAL ZIPPER MARKET, BY PRODUCT TYPE 15
1.2 GLOBAL ZIPPER MARKET, BY MATERIAL TYPE 16
1.3 GLOBAL ZIPPER MARKET, BY FUNCTION 17
1.4 GLOBAL ZIPPER MARKET, BY END USE 18
2 MARKET INTRODUCTION 19
2.1 DEFINITION 19
2.2 SCOPE OF THE STUDY 19
2.3 RESEARCH OBJECTIVE 19
2.4 MARKET STRUCTURE 20
2.5 KEY BUYING CRITERIA 21
3 RESEARCH METHODOLOGY 22
3.1 RESEARCH PROCESS 22
3.2 PRIMARY RESEARCH 23
3.3 SECONDARY RESEARCH 24
3.4 MARKET SIZE ESTIMATION 25
3.5 FORECAST MODEL 26
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 27
4 MARKET DYNAMICS 28
4.1 INTRODUCTION 28
4.2 DRIVERS 29
4.2.1 THE BOOMING TEXTILE INDUSTRY, COUPLED WITH THE WIDE USAGE OF ZIPPER IN IT 29
4.2.2 INCREASING DEMAND FOR ZIPPERS IN THE BAG INDUSTRY COUPLED WITH GROWING INNOVATIONS
BY THE KEY PLAYERS 29
4.2.3 DRIVER IMPACT ANALYSIS 30
4.3 RESTRAINTS 30
4.3.1 HIGH COST OF RAW MATERIAL 30
4.3.2 RESTRAINT IMPACT ANALYSIS 31
4.4 OPPORTUNITIES 31
4.4.1 STRATEGIC MERGER AMONG THE KEY PLAYERS 31
4.5 CHALLENGES 31
4.5.1 THE ADOPTION OF ALTERNATIVE OF ZIPPER IN CLOTHING AMONG MAJOR PLAYERS IN LATIN AMERICA 31
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5 MARKET FACTOR ANALYSIS 32
5.1 VALUE CHAIN ANALYSIS 32
5.1.1 RAW MATERIAL PROCUREMENT 33
5.1.2 MANUFACTURING 33
5.1.3 PACKAGING 34
5.2 SUPPLY CHAIN ANALYSIS 34
5.3 PORTER'S FIVE FORCES MODEL 35
5.3.1 BARGAINING POWER OF SUPPLIERS 35
5.3.2 BARGAINING POWER OF BUYERS 36
5.3.3 THREAT OF NEW ENTRANTS 36
5.3.4 THREAT OF SUBSTITUTES 36
5.3.5 INTENSITY OF RIVALRY 36
5.4 IMPACT OF THE COVID-19 PANDEMIC ON THE LATIN AMERICA ZIPPER MARKET 37
5.4.1 IMPACT ON PRODUCTION 37
5.4.2 IMPACT ON RAW MATERIAL AVAILABILITY 37
5.4.3 IMPACT ON SUPPLY CHAIN 37
5.4.4 IMPACT ON PRICING 38
5.4.5 IMPACT ON THE OVERALL ZIPPER MARKET 38
6 LATIN AMERICA ZIPPER MARKET, BY PRODUCT TYPE 39
6.1 OVERVIEW 39
6.1.1 LATIN AMERICA ZIPPER MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2020-2030 40
6.2 CLOSE-END 40
6.2.1 CONVENTIONAL ZIPPER 40
6.2.2 INVISIBLE ZIPPER 40
6.2.3 CLOSE-END: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 41
6.3 OPEN-END (SEPARATING) 41
6.3.1 OPEN-END (SEPARATING): MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 41
7 LATIN AMERICA ZIPPER MARKET, BY MATERIAL TYPE 42
7.1 OVERVIEW 42
7.1.1 LATIN AMERICA ZIPPER MARKET ESTIMATES & FORECAST, BY MATERIAL TYPE, 2020-2030 43
7.2 METAL 43
7.2.1 METAL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 43
7.3 COIL 44
7.3.1 COIL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 44
7.4 PLASTIC 45
7.4.1 PLASTIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 45
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7.5 OTHERS 45
7.5.1 OTHERS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 45
8 LATIN AMERICA ZIPPER MARKET, Y FUNCTION 46
8.1 OVERVIEW 46
8.1.1 LATIN AMERICA ZIPPER MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020-2030 47
8.2 STANDARD 47
8.2.1 STANDARD: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 47
8.3 MULTIFUNCTIONAL 48
8.3.1.1 REFLECTIVE ZIPPERS 48
8.3.1.2 WATER REPELLENT 48
8.3.1.3 SUSTAINABLE 48
8.3.1.4 HEAT RESISTANT 49
8.3.2 MULTIFUNCTIONAL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 49
9 LATIN AMERICA ZIPPER MARKET, BY END USE 50
9.1 OVERVIEW 50
9.1.1 LATIN AMERICA ZIPPER MARKET ESTIMATES & FORECAST, BY END USE, 2020-2030 51
9.2 APPAREL 51
9.2.1 APPAREL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 51
9.3 SPORTING GOODS 52
9.3.1 SPORING GOODS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 52
9.4 LUGGAGE 53
9.4.1 LUGGAGE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 53
9.5 BAGS 54
9.5.1 BAGS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 54
9.6 CAMPING GEAR 55
9.6.1 CAMPING GEAR: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 55
9.7 OTHERS 55
9.7.1 OTHERS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 55
10 LATIN AMERICA ZIPPER MARKET, BY COUNTRY 56
10.1 OVERVIEW 56
10.2 BRAZIL 57
10.3 ARGENTINA 59
10.4 PERU 61
10.5 COLOMBIA 63
10.6 REST OF LATIN AMERICA 65
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11 COMPETITIVE LANDSCAPE 67
11.1 COMPETITIVE OVERVIEW 67
11.1.1 MARKET STRATEGY ANALYSIS 67
11.2 COMPETITIVE BENCHMARKING 68
11.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 69
11.3.1 NEW PRODUCT LAUNCH 69
12 COMPANY PROFILES 70
12.1 FUJIAN SBS ZIPPER SCIENCE & TECHNOLOGY CO. LTD 70
12.1.1 COMPANY OVERVIEW 70
12.1.2 FINANCIAL OVERVIEW 70
12.1.3 PRODUCTS OFFERED 70
12.1.4 KEY DEVELOPMENTS 72
12.1.5 SWOT ANALYSIS 72
12.1.6 KEY STRATEGIES 73
12.2 KREBAND S.L. 74
12.2.1 COMPANY OVERVIEW 74
12.2.2 FINANCIAL OVERVIEW 74
12.2.3 PRODUCTS OFFERED 74
12.2.4 KEY DEVELOPMENTS 75
12.2.5 SWOT ANALYSIS 76
12.2.6 KEY STRATEGIES 76
12.3 YKK CORPORATION 77
12.3.1 COMPANY OVERVIEW 77
12.3.2 FINANCIAL OVERVIEW 78
12.3.3 PRODUCTS OFFERED 79
12.3.4 KEY DEVELOPMENTS 81
12.3.5 SWOT ANALYSIS 81
12.3.6 KEY STRATEGIES 81
12.4 COATS GROUP PLC 82
12.4.1 COMPANY OVERVIEW 82
12.4.2 FINANCIAL OVERVIEW 82
12.4.3 PRODUCTS OFFERED 83
12.4.4 KEY DEVELOPMENTS 84
12.4.5 SWOT ANALYSIS 85
12.4.6 KEY STRATEGIES 85
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12.5 CORPORACION REY SA 86
12.5.1 COMPANY OVERVIEW 86
12.5.2 FINANCIAL OVERVIEW 86
12.5.3 PRODUCTS OFFERED 86
12.5.4 KEY DEVELOPMENTS 86
12.5.5 KEY STRATEGIES 86
12.6 SANCRIS LINHAS E FIOS LTD 87
12.6.1 COMPANY OVERVIEW 87
12.6.2 FINANCIAL OVERVIEW 87
12.6.3 PRODUCTS OFFERED 87
12.6.4 KEY DEVELOPMENTS 87
12.6.5 KEY STRATEGIES 87
12.7 TALON INTERNATIONAL 88
12.7.1 COMPANY OVERVIEW 88
12.7.2 FINANCIAL OVERVIEW 88
12.7.3 PRODUCTS OFFERED 89
12.7.4 KEY DEVELOPMENTS 89
12.7.5 KEY STRATEGIES 90
12.8 ABS ZIPPER 91
12.8.1 COMPANY OVERVIEW 91
12.8.2 FINANCIAL OVERVIEW 91
12.8.3 PRODUCTS OFFERED 91
12.8.4 KEY DEVELOPMENTS 92
12.8.5 KEY STRATEGIES 92
12.9 ATICS INDUSTRIAL CORPORATION 93
12.9.1 COMPANY OVERVIEW 93
12.9.2 FINANCIAL OVERVIEW 93
12.9.3 PRODUCTS OFFERED 93
12.9.4 KEY DEVELOPMENTS 95
12.9.5 KEY STRATEGIES 95
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LIST OF TABLES
TABLE 1 PRIMARY INTERVIEWS 23
TABLE 2 LIST OF ASSUMPTIONS & LIMITATIONS 27
TABLE 3 LATIN AMERICA ZIPPER MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2020-2030 (USD MILLION) 40
TABLE 4 CLOSE-END: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 41
TABLE 5 OPEN-END (SEPARATING): MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030(USD MILLION) 41
TABLE 6 LATIN AMERICA ZIPPER MARKET ESTIMATES & FORECAST, BY MATERIAL TYPE, 2020-2030 (USD MILLION) 43
TABLE 7 METAL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 43
TABLE 8 COIL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 44
TABLE 9 PLASTIC: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 45
TABLE 10 OTHERS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 45
TABLE 11 LATIN AMERICA ZIPPER MARKET ESTIMATES & FORECAST, BY FUNCTION, 2020-2030 (USD MILLION) 47
TABLE 12 STANDARD: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 47
TABLE 13 MULTIFUNCTIONAL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 49
TABLE 14 LATIN AMERICA ZIPPER MARKET ESTIMATES & FORECAST, BY END USE, 2020-2030 (USD MILLION) 51
TABLE 15 APPAREL: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 51
TABLE 16 SPORTING GOODS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 52
TABLE 17 LUGGAGE: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 53
TABLE 18 BAGS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 54
TABLE 19 CAMPING GEAR: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 55
TABLE 20 OTHERS: MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 55
TABLE 21 LATIN AMERICA ZIPPER MARKET ESTIMATES & FORECAST, BY COUNTRY, 2020-2030 (USD MILLION) 57
TABLE 22 BRAZIL: ZIPPER MARKET, BY PRODUCT TYPE, 2020-2030 (USD MILLION) 57
TABLE 23 BRAZIL: ZIPPER MARKET, BY MATERIAL TYPE, 2020-2030 (USD MILLION) 58
TABLE 24 BRAZIL: ZIPPER MARKET, BY FUNCTION, 2020-2030 (USD MILLION) 58
TABLE 25 BRAZIL: ZIPPER MARKET, BY END USE, 2020-2030 (USD MILLION) 58
TABLE 26 ARGENTINA: ZIPPER MARKET, BY PRODUCT TYPE, 2020-2030 (USD MILLION) 59
TABLE 27 ARGENTINA: ZIPPER MARKET, BY MATERIAL TYPE, 2020-2030 (USD MILLION) 59
TABLE 28 ARGENTINA: ZIPPER MARKET, BY FUNCTION, 2020-2030 (USD MILLION) 60
TABLE 29 ARGENTINA: ZIPPER MARKET, BY END USE, 2020-2030 (USD MILLION) 60
TABLE 30 PERU: ZIPPER MARKET, BY PRODUCT TYPE, 2020-2030 (USD MILLION) 61
TABLE 31 PERU: ZIPPER MARKET, BY MATERIAL TYPE, 2020-2030 (USD MILLION) 61
TABLE 32 PERU: ZIPPER MARKET, BY FUNCTION, 2020-2030 (USD MILLION) 62
TABLE 33 PERU: ZIPPER MARKET, BY END USE, 2020-2030 (USD MILLION) 62
TABLE 34 COLOMBIA: ZIPPER MARKET, BY PRODUCT TYPE, 2020-2030 (USD MILLION) 63
TABLE 35 COLOMBIA: ZIPPER MARKET, BY MATERIAL TYPE, 2020-2030 (USD MILLION) 63
TABLE 36 COLOMBIA: ZIPPER MARKET, BY FUNCTION, 2020-2030 (USD MILLION) 64
TABLE 37 COLOMBIA: ZIPPER MARKET, BY END USE, 2020-2030 (USD MILLION) 64
TABLE 38 REST OF LATIN AMERICA: ZIPPER MARKET, BY PRODUCT TYPE, 2020-2030 (USD MILLION) 65
TABLE 39 REST OF LATIN AMERICA: ZIPPER MARKET, BY MATERIAL TYPE, 2020-2030 (USD MILLION) 65
TABLE 40 REST OF LATIN AMERICA: ZIPPER MARKET, BY FUNCTION, 2020-2030 (USD MILLION) 66
TABLE 41 REST OF LATIN AMERICA: ZIPPER MARKET, BY END USE, 2020-2030 (USD MILLION) 66
TABLE 42 NEW PRODUCT LAUNCH 69
TABLE 43 FUJIAN SBS ZIPPER SCIENCE & TECHNOLOGY CO. LTD: PRODUCTS OFFERED 70
TABLE 44 FUJIAN SBS ZIPPER SCIENCE & TECHNOLOGY CO. LTD: KEY DEVELOPMENTS 72
TABLE 45 KREBAND S.L.: PRODUCTS OFFERED 74
TABLE 46 KREBAND S.L.: KEY DEVELOPMENTS 75
TABLE 47 YKK CORPORATION: PRODUCTS OFFERED 79
TABLE 48 YKK CORPORATION: KEY DEVELOPMENTS 81
TABLE 49 COATS GROUP PLC: PRODUCTS OFFERED 83
TABLE 50 CORPORACION REY SA: PRODUCTS OFFERED 86
TABLE 51 SANCRIS LINHAS E FIOS LTD: PRODUCTS OFFERED 87
TABLE 52 TALON INTERNATIONAL: PRODUCTS OFFERED 89
TABLE 53 ABS ZIPPER: PRODUCTS OFFERED 91
TABLE 54 ATICS INDUSTRIAL CORPORATION: PRODUCTS OFFERED 93
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LIST OF FIGURES
FIGURE 1 MARKET SYNOPSIS 14
FIGURE 2 GLOBAL ZIPPER MARKET ANALYSIS, BY PRODUCT TYPE 15
FIGURE 3 GLOBAL ZIPPER MARKET ANALYSIS, BY MATERIAL TYPE 16
FIGURE 4 GLOBAL ZIPPER MARKET ANALYSIS, BY FUNCTION 17
FIGURE 5 GLOBAL ZIPPER MARKET ANALYSIS, BY END USE 18
FIGURE 6 GLOBAL ZIPPER MARKET: STRUCTURE 20
FIGURE 7 KEY BUYING CRITERIA FOR ZIPPER 21
FIGURE 8 RESEARCH PROCESS 22
FIGURE 9 TOP-DOWN & BOTTOM-UP APPROACHES 25
FIGURE 10 MARKET DYNAMIC ANALYSIS OF THE LATIN AMERICA ZIPPER MARKET 28
FIGURE 11 VALUE CHAIN: LATIN AMERICA ZIPPER MARKET 32
FIGURE 12 LATIN AMERICA ZIPPER MARKET: SUPPLY CHAIN ANALYSIS 34
FIGURE 13 PORTER'S FIVE FORCES ANALYSIS OF THE LATIN AMERICA ZIPPER MARKET 35
FIGURE 14 LATIN AMERICA ZIPPER MARKET, BY PRODUCT TYPE, 2021 (% SHARE) 39
FIGURE 15 LATIN AMERICA ZIPPER MARKET, BY PRODUCT TYPE, 2020-2030 (USD MILLION) 39
FIGURE 16 LATIN AMERICA ZIPPER MARKET, BY MATERIAL TYPE, 2021 (% SHARE) 42
FIGURE 17 LATIN AMERICA ZIPPER MARKET, BY MATERIAL TYPE, 2020-2030 (USD MILLION) 42
FIGURE 18 LATIN AMERICA ZIPPER MARKET SHARE, BY FUNCTION, 2021 (% SHARE) 46
FIGURE 19 LATIN AMERICA ZIPPER MARKET SIZE, BY FUNCTION, 2020-2030 (USD MILLION) 46
FIGURE 20 LATIN AMERICA ZIPPER MARKET SHARE, BY END USE, 2021 (% SHARE) 50
FIGURE 21 LATIN AMERICA ZIPPER MARKET SIZE, BY END USE, 2020-2030 (USD MILLION) 50
FIGURE 22 LATIN AMERICA ZIPPER MARKET, BY COUNTRY, 2020-2030 (USD MILLION) 56
FIGURE 23 LATIN AMERICA ZIPPER MARKET, BY COUNTRY, 2021 (% SHARE) 56
FIGURE 24 BENCHMARKING OF MAJOR COMPETITORS 68
FIGURE 25 FUJIAN SBS ZIPPER SCIENCE & TECHNOLOGY CO. LTD: SWOT ANALYSIS 72
FIGURE 26 KREBAND S.L.: SWOT ANALYSIS 76
FIGURE 27 YKK CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 78
FIGURE 28 YKK CORPORATION: SWOT ANALYSIS 81
FIGURE 29 COATS GROUP PLC: FINANCIAL OVERVIEW SNAPSHOT 82
FIGURE 30 COATS GROUP PLC: SWOT ANALYSIS 85
FIGURE 31 TALON INTERNATIONAL: FINANCIAL OVERVIEW SNAPSHOT 88
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