March 11, 2024 10:44 ET | Source: Research and Markets Research and Markets
Dublin, March 11, 2024 (GLOBE NEWSWIRE) -- The "Zippers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. 5#Nylon Zipper With Sliver Teeth Long Chain
The latest comprehensive research on the global zippers market projects a robust growth trajectory, estimating the industry will achieve a valuation of US$23.6 Billion by the year 2030. This growth forecast represents a Compound Annual Growth Rate (CAGR) of 3.7% starting from the year 2022 onward. The report segments the market into various product types including metal and nylon zippers, providing detailed analysis of the trends and factors influencing each segment.
Market Dynamics and Segment Insights The metal zippers segment is anticipated to reach a value of US$11.1 Billion by the end of the analysis period, showing a CAGR of 3.3%. Meanwhile, the nylon zippers segment demonstrates a promising growth outlook with an expected CAGR of 4.5%. These figures showcase the strength and resilience of the zippers market post-pandemic, as industries and markets worldwide regain momentum.
Geographical Market Analysis The research highlights significant geographical markets, including an estimated US$4.8 Billion valuation for the zippers market in the U.S. for the year 2022. It positions China for an impressive growth pattern at a CAGR of 6.1%, foresightedly becoming a significant market player by 2030. Other geographic markets such as Japan and Canada are also expected to contribute to the global market's growth, with Germany anticipated to have a 2.4% CAGR.
Asia-Pacific Market and Competitive Landscape Within the Asia-Pacific region, dynamic market growth is anticipated, with projections of reaching US$3.1 Billion by 2030. This regional market's expansion is being bolstered by key economies like Australia, India, and South Korea. In the backdrop of substantial competitive activity, the report also discloses the presence of 82 notable companies that are shaping the industry's competitive dynamics.
The insights rendered by this report serve as a crucial tool for entities operating within the zippers market, as well as for those seeking to enter or understand this market's dynamics. This detailed analysis is positioned to assist industry professionals, analysts, and strategists in making informed business decisions and capturing market opportunities. With an emphasis on strategic developments and competitive landscape, the report offers a comprehensive view of the zippers industry's present state and luminous opportunities ahead.
A selection of companies mentioned in this report includes
For more information about this report visit https://www.researchandmarkets.com/r/mnjinh
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