Product Code: ETC028249 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines clothing fasteners market is expected to grow at a CAGR of 4.9% during the forecast period (2025-2031). The rising demand for apparel and increasing disposable income are some of the major factors driving growth in this market. Additionally, the growing trend of fashion and personalization has led to an increase in demand for customizations such as fasteners, buckles, buttons etc., which will further drive the market over the forecast period. Moreover, changing lifestyle habits have increased spending on clothing accessories like zippers and button snaps over recent years leading to higher sales revenues within this sector
Increasing preference toward lightweight materials that require fewer fasteners due to rising awareness about sustainability and durability is one of the major trends observed within this market. Additionally, the use of advanced materials with properties such as corrosion resistance and fire retardancy are gaining traction among consumers thus boosting product sales revenue across all segments. Further, advent of smart technology into consumer goods industry is likely to be another key factor impacting overall development within Philippines clothing fastener market space over coming years.
Growing popularity of athleisure wear amongst young population owing to its comfortability is a key factor fueling adoption rates across different regions in Philippines during 2025-2031 time frame. Additionally, an increasing number of online sales channels coupled with extensive distribution networks by prominent players operating within this sector are other important drivers contributing towards rapid growth witnessed across Filipino Clothing Fastener Market space currently prevailing scenario.
High cost associated with production processes along with availability issues faced while procuring raw material inputs are two primary restraining factors hindering expansion plans set forth by industry participants presently active base established here
Leading participants operating actively across Philippine Clothing Fastener Market landscape include YKK Corporation, ITW Nexus Group (ITW), Coats Industrial Limited, Reliable Corporation Inc., Talon International Inc., American & Efird LLC (A&E) , Kao Shing Button Manufacturing Co Ltd., Acme Buttons Incorporated among others comprising competitive vendor landscape prevalent here
Rising cases related Coronavirus pandemic has considerably affected entire economic structure including retailing sector specifically , leaving several companies facing financial constraints due lack appropriate fund arrangements . This particular situation has consequently resulted in significant downturn observed current circumstances influencing business
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Clothing Fasteners Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Clothing Fasteners Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Clothing Fasteners Market - Industry Life Cycle |
3.4 Philippines Clothing Fasteners Market - Porter's Five Forces |
3.5 Philippines Clothing Fasteners Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Clothing Fasteners Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Philippines Clothing Fasteners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Clothing Fasteners Market Trends |
6 Philippines Clothing Fasteners Market, By Types |
6.1 Philippines Clothing Fasteners Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Clothing Fasteners Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Clothing Fasteners Market Revenues & Volume, By Zippers, 2021-2031F |
6.1.4 Philippines Clothing Fasteners Market Revenues & Volume, By Buttons, 2021-2031F |
6.1.5 Philippines Clothing Fasteners Market Revenues & Volume, By Others, 2021-2031F |
6.2 Philippines Clothing Fasteners Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Philippines Clothing Fasteners Market Revenues & Volume, By Jackets and Coats, 2021-2031F |
6.2.3 Philippines Clothing Fasteners Market Revenues & Volume, By Trousers, 2021-2031F |
6.2.4 Philippines Clothing Fasteners Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Clothing Fasteners Market Import-Export Trade Statistics |
7.1 Philippines Clothing Fasteners Market Export to Major Countries |
7.2 Philippines Clothing Fasteners Market Imports from Major Countries |
8 Philippines Clothing Fasteners Market Key Performance Indicators |
9 Philippines Clothing Fasteners Market - Opportunity Assessment |
9.1 Philippines Clothing Fasteners Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Clothing Fasteners Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Philippines Clothing Fasteners Market - Competitive Landscape |
10.1 Philippines Clothing Fasteners Market Revenue Share, By Companies, 2024 |
10.2 Philippines Clothing Fasteners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |