Global Slider Zippers Market - 2021-2028
The global slider zippers market size was worth USD XX billion in 2020 and is estimated to reach USD XX billion by 2028, growing at a CAGR of XX % during the forecast period (2021-2028).
A slider zipper combines two different components used for sealing and packaging contents in a primary packaging method. The slider is used for the moving chain to open or close the end at which it is attached. The zipper is the entire chain-based locking mechanism that closes or opens one lot of the packaging product that is used upon. This combination of products is available in a wide variety of shapes and sizes. It is applied in various developments such as luggage, packaging, bags, clothing, consumer goods such as sporting goods and camping gear.
Moreover, with increasing innovations and advancements in the zippers industry, market players' focus is on reducing waste generated from the packaging industry while developing recyclable products acting as a significant driver's slider zippers market.
Companies functioning in the slider zipper for the packaging market are involved in research and development to find new applications for them. Among the significant changes in the market are the Fresh-Lock press-to-close zippers by Presto Products Company. The company has also innovated closing systems called Slide-Rite and Child-Guard child-resistant technology. Also, the slider zipper companies for the packaging market, to reduce the waste and promote recycling, are looking for new methods to make such zippers. With the developments mentioned above in the slider zipper for the packaging market, such slider zipper's sale is expected to surge and provide a positive push for the market in the years to come.
An increase in e-commerce is anticipated to increase the market of slider zippers.
The slider zipper pouches market is prominently driven by the slider pouch's tamper-proof properties with the growing e-commerce. As per Statista, revenue in the e-commerce market is projected to reach US$2,723,991m in 2021.
Conventional pouch systems require secondary packaging to maintain the freshness of food products. In contrast, slider pouches discard the necessity of such secondary storage and packaging needs, making the size of the packaging intact and small, resulting in easy transportation and delivery.
Moreover, the primary factor fueling the slider pouches market is the wide variety of sliders available to provide selection options to the consumers. Incorporation of laser membrane under the slider to ensure anti-counterfeiting is one of the critical factors driving the slider pouches market. Slider pouches are very versatile and allow a long life span, making them an affordable user packaging solution.
Environmental concern and the restricted scope of recyclability restrains the global market for slider zippers
It is not just the accumulation of plastics that harms the environment-it is also the fragments and toxins released during photo-decomposition that pollute the soil and water.
As per World Health Organization, in 2015, plastic packaging waste accounted for 47 percent of the plastic waste generated globally, with half of that appearing to come from Asia. While China remains the most extensive worldwide generator of plastic packaging waste, the USA is the largest plastic packaging waste generator on a per-capita basis. The environmental concern, along with government regulation over the use of plastic because of pollution, hinders the market of plastic slider zippers.
The slider zippers market is segmented based on material, product type and end-user industry. Based on material, slider zippers are segmented into aluminum, plastics and others.
Aluminum slider zippers are dominating the segment on account of being stronger and durable
A metal zipper consists of two rows of protruding teeth made of aluminum, designed to interlock like clasped hands, linking the rows, thus creating a continuous clothing closure. The slider, which is operated manually, is also made of metal. This allows for full or partial fastening of the zipper, depending on the user's preference.
Unlike plastic zippers, metal zippers are stronger and more durable. They are ideal for bags and purses, backpacks, interior cushions and upholstery. Hence, companies are more into making metal zippers, resulting in an increase in the revenue of aluminum slider zippers over the forecast period.
Slider zippers market share is mainly spread into these five regions- North America, Europe, South America, Asia-Pacific and Middle East & Africa.
Owing to the rising population, increasing income levels, changing lifestyles, the surge in e-commerce, the demand for packaging is growing in Asia-Pacific. According to Care Ratings, a prominent credit rating company in India, more than 49% of the country's paper is used for packaging purposes.
Moreover, Asia-Pacific is projected to show significant growth in the packaging material market in the forecast period. The growing number of manufacturing plants worldwide, coupled with the increasing transit packaging sector in the Asia Pacific, adds value to the packaging market's growth. Furthermore, the growing demand for packaging in developing countries, such as China and India. China's transit packaging market is rising, leading to an increasingly increasing demand for packaging in the region. Henceforth, the increase in the packaging industry leads to extensive use of slider zippers, results in a rise of its market.
The slider zippers market is moderately competitive with the presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include Talon Zipper, IDEAL Fastener Corporation, YKK Group, Presto Products Company, SVP Packing Industry Pvt Ltd., Layfield Group Ltd., Olympic Zippers Limited, Fujian SBS Zipper Science & Technology Co. Ltd., Zhejiang Sandeli Zipper Co., Ltd., Euro-A Zipper Company Limited among others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, contributing to the growth of the Slider Zippers market globally.
Overview: Talon Zipper was the first zipper-making company. It was established in 1893 as the Universal Fastener Company, manufacturing hookless fasteners for shoes, but a move to Meadville, Pennsylvania, led to it becoming the first manufacturer of zippers. The company grew through the 1960s when it is assessed that seven out of every ten zippers were Talon zippers.
Product Portfolio: The company is into extensive zipper types such as coil, metal, plastics and others. The company specializes in ready-to-wear, outerwear, handbags, and even luggage. As the zippers pioneer, Talon goes through meticulous testing to ensure the highest quality of your metal, coil, or molded plastic zippers.
The global slider zippers market report would provide access to an approx: 69 market data table, 64 figures and 238 pages.
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