The global zipper market is growing at a CAGR of 4.5 per cent. The zipper, formerly known as a clasp locker, is a commonly used device for binding the edges of an opening of a fabric or other flexible material, as on a garment or a bag and so on. Zippers are widely used in clothes, shoes, luggage/bags and so on. With increasing demand from downstream industry, zipper production has shown a continuous upward trend over the last few years.

YKK, Riri, Ideal Fastener Industrial, SBS are among key players in the zipper industry. YKK is the largest manufacturer of zippers in the world. Zippers can be made of metal, nylon or plastic, out of which nylon zippers account for 68.66 per cent of the market share.

China is the largest base of zippers globally, with a share of 56.05 per cent. However, when considering product quality, China still has an obvious gap with manufacturers from developed countries, such as Japan or Europe. Asia is the key consumer for this market. China is again the largest consumer in the world with a 37.25 per cent share in the consumption market. Southeast Asia is the next biggest consumer.