Product Code: ETC028245 | 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 Thailand clothing fasteners market was valued at US$ 25.9 million in 2025 and is projected to reach US$ 32.5 million by 2031; it is expected to grow at a CAGR of 3.7% from 2025 to 2031. Clothing fasteners are primarily used for apparel purposes, such as attaching buttons, snaps, zippers, etc., on clothes or other fabrics. The rapid growth in the textile and apparel industry has significantly influenced the demand for clothing fasteners across Thailand in recent years. Further, evolving trends among youth towards trendy fashion have led them to purchase fashionable apparels with high-quality clothing fasteners that provide great convenience while wearing them thus driving the market growth further over the forecast period of 2025-2031 Despite its small size compared with most countries around the world, Thailand economy ranks highly when considering GDP per capita value ??? placing it among Asia???s strongest regional economies along with Singapore and South Korea.
The key factors driving the growth of Thailand clothing fastener market include increasing population and changing lifestyle & fashion trend, rising disposable incomes leading people towards purchasing branded products high quality materials used for manufacturing these products resulting in faster product acceptance in online retail stores.In addition, vendors ` focus on developing innovative solutions integrating different types of technologies such as RFID tags into their product portfolio is anticipated to boost market development during the forecast period.Moreover, technological advancements are expected to give rise to various new applications that can be explored by vendors through research activities which will further augmenting this markets revenues over time .
The major challenge faced by this industry includes availability of counterfeit low cost goods which affects not only brand image but also erodes customers` confidence & trust due difficulty faced manufacturers/vendors while dealing with counterfeits items produced illegally without following any standard operating procedure (SOP). Additionally lack skilled labor force hinders production process while creating issues related supply chain management practices like order processing delays and inventory mismanagement thereby hampering overall efficiency level Furthermore price wars between local players often results into commoditization leading companies more towards marketing strategies rather than focusing on innovation side which again impacts profitability margins negatively.
The COVID-19 pandemic has had a severe impact on the clothing fasteners industry in Thailand. Many companies have been forced to close due to the lockdown measures imposed by the government, leading to significant decreases in revenue and orders. This has resulted in decreased production and sales of clothing fasteners, as well as an increase in raw material prices due to supply chain disruptions.
Key players in Thailand fashion fastener market include YKK Fastening Products (Thailand) Co., Ltd., Chinfa Industries Co., Ltd., Sattabannong Plastic Intertrade Co., Ltd., Attwood Textile (Thailand) Co., Ltd., and Fiboband Company Limited. These companies are focusing on adapting their strategies towards more cost-effective operations and developing new products with innovative designs that can be used for various applications, such as sportswear, casual wear, formal wear, etc. In addition to this, they are also implementing digital marketing campaigns aimed at reaching out customers online along with providing customer support through virtual platforms like WhatsApp or Zoom video conferencing services.
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 Thailand Clothing Fasteners Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Clothing Fasteners Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Clothing Fasteners Market - Industry Life Cycle |
3.4 Thailand Clothing Fasteners Market - Porter's Five Forces |
3.5 Thailand Clothing Fasteners Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Clothing Fasteners Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Clothing Fasteners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Clothing Fasteners Market Trends |
6 Thailand Clothing Fasteners Market, By Types |
6.1 Thailand Clothing Fasteners Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Clothing Fasteners Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Clothing Fasteners Market Revenues & Volume, By Zippers, 2021-2031F |
6.1.4 Thailand Clothing Fasteners Market Revenues & Volume, By Buttons, 2021-2031F |
6.1.5 Thailand Clothing Fasteners Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Clothing Fasteners Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Clothing Fasteners Market Revenues & Volume, By Jackets and Coats, 2021-2031F |
6.2.3 Thailand Clothing Fasteners Market Revenues & Volume, By Trousers, 2021-2031F |
6.2.4 Thailand Clothing Fasteners Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Clothing Fasteners Market Import-Export Trade Statistics |
7.1 Thailand Clothing Fasteners Market Export to Major Countries |
7.2 Thailand Clothing Fasteners Market Imports from Major Countries |
8 Thailand Clothing Fasteners Market Key Performance Indicators |
9 Thailand Clothing Fasteners Market - Opportunity Assessment |
9.1 Thailand Clothing Fasteners Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Clothing Fasteners Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Clothing Fasteners Market - Competitive Landscape |
10.1 Thailand Clothing Fasteners Market Revenue Share, By Companies, 2024 |
10.2 Thailand Clothing Fasteners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |