World Zippers Market to Reach $7.7 Billion by 2015, According to New Report by Global Industry Analysts, Inc.
GIA announces the release of a comprehensive global report on Zippers market. Zippers' application in our day-to-day usage items such as apparel, luggage, footwear and the likes, is invaluable. Given its obvious advantage in terms of use in daily life, the product is expected to have positive long-term demand. Spurred by favorable trends, the world zipper market is expected to reach $7.7 billion by 2015.
San Jose, California (PRWEB) June 24, 2009 -- Zippers are one of the most useful inventions in the modern era. Appropriate alternatives to zippers have not been identified as yet. The cost of a zipper is very less when compared to the total cost of the garment. However, in the event of zipper failure entire garment might become unusable until the zipper is repaired or replaced, potentially an expensive and difficult process. Usefulness of the product in daily life is likely to continue to drive the zipper market demand. Asia is the largest regional market across the globe, both in terms of value and volume, as several major zipper manufacturers and consumers are based in the region. Asia is also the fastest growing region in the global zipper market.
Japan generates largest amount of revenues from sale of zippers, as YKK, the largest zipper company, is domiciled in the country. YKK is the single largest player that dominates the global zipper market. The company's two immediate competitors trail a long distance.
China, the world's largest manufacturer of zippers, is also the largest exporter. Low prices have enabled the country's zippers to become famous all over the world. However, lately the country's suppliers have been struggling to compete on price, and hence are progressing to medium and high quality products. Chinese zipper industry primarily depends on the downstream manufacturers engaged in the production of goods such as apparel, sporting equipment, luggage, shoes and bags. Growth in zipper industry is fuelled by the downstream industries relocation to the country and growth in domestic economy.
These and other market data and trends are presented in "Zippers: A Global Strategic Business Report" announced by Global Industry Analysts, Inc. This new market research report discusses the prevailing trends, issues, demand forecasts, and activities that affect the industry. Analytics for the global zippers market are presented in US$ million for the years 2006 through 2015.
Dominant global players profiled in the report include Baoshun Zipper, CMZ Zipper (Wuxi), Coats, EMR ZIPPER/EMR FERMUAR SAN TÝC, Fujian SBS Zipper Science & Technology, Hang Sang Zipper, Horng Dah Zippers, IDEAL Fastener Corporation, Jinjiang Fuxing Zipper, Long Chang Zipper, Olympic Zippers Limited, Sea-Cheng Enterprise, Shun Tat Zipper, Talon International, YKK Corporation, YKK Fastening Products Group, and Zhejiang Weixing Industrial among several others. The study enumerates recent developments, mergers, acquisitions, and other strategic industry activities, and is an easy guide to What, Why, When, How, Where, and Who of the industry.
For more details about this comprehensive market research report, please visit - http://www.strategyr.com/Zippers_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 800 people worldwide and publishes more than 1100 full-scale research reports each year. Additionally, the company also offers thousands of smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press@StrategyR.com
Web Site http://www.StrategyR.com/
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