| Product Code: ETC130144 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines continued to source a significant portion of its zipper imports from key Asian countries in 2024, with China, Hong Kong, Taiwan, Vietnam, and Japan dominating the market. Despite a high concentration level, the industry experienced a negative compound annual growth rate of -1.17% from 2020 to 2024. Moreover, the growth rate further declined by -3.25% from 2023 to 2024, indicating a challenging period for zipper import shipments in the Philippines.
The zipper market in the Philippines is expected to grow at a CAGR of around 6.9% during the forecast period 2025-2031. The growth of this market is mainly attributed to factors such as increasing demand for fashionable apparel, growing population leading to increased clothing production and strong economic growth. Other factors such as rising disposable income, changing lifestyle, urbanization and technological advancements are also driving the demand for zippers in the Philippines
Increasing popularity of fashion apparel has been driving demand for zipper products in recent years. This trend can be seen across all age groups which has led to an increase in sales of zippers from manufacturers catering specifically to garments and accessories markets. Further, the population growth rate coupled with rapid urbanization have resulted into higher purchasing power among Filipinos which has led them to spend more on clothing items resulting into higher consumption levels thereby aiding zipper industry???s expansion prospects over time. Moreover, with improvement in economic conditions, incomes have risen significantly boosting spending further on consumer durable items like clothes thus supporting zipper industry???s performance outlook positively overall during the forecast period 2024- 2025F.
One major challenge faced by players operating in the Philippine Zipper Industry is that they need access to a wide range of raw materials including polyester yarns, nylon yarns and resins along with other specialized hardware components required for producing quality finished products within stipulated time schedules at competitive costs. Furthermore, regional discrepancies among prices must be taken into account while setting up pricing strategies if companies wish achieve cost effectiveness without compromising on product quality or delivery timelines proving difficult even today
Philippines Zipper |
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 Zipper Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Zipper Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Zipper Market - Industry Life Cycle |
3.4 Philippines Zipper Market - Porter's Five Forces |
3.5 Philippines Zipper Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Philippines Zipper Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Philippines Zipper Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Zipper Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Zipper Market Trends |
6 Philippines Zipper Market, By Types |
6.1 Philippines Zipper Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Zipper Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Philippines Zipper Market Revenues & Volume, By Close-End, 2021-2031F |
6.1.4 Philippines Zipper Market Revenues & Volume, By Open-End, 2021-2031F |
6.2 Philippines Zipper Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Zipper Market Revenues & Volume, By Metal, 2021-2031F |
6.2.3 Philippines Zipper Market Revenues & Volume, By Coil, 2021-2031F |
6.2.4 Philippines Zipper Market Revenues & Volume, By Molded Plastic, 2021-2031F |
6.3 Philippines Zipper Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Zipper Market Revenues & Volume, By Apparel, 2021-2031F |
6.3.3 Philippines Zipper Market Revenues & Volume, By Bags, 2021-2031F |
6.3.4 Philippines Zipper Market Revenues & Volume, By Shoes, 2021-2031F |
6.3.5 Philippines Zipper Market Revenues & Volume, By Others, 2021-2031F |
7 Philippines Zipper Market Import-Export Trade Statistics |
7.1 Philippines Zipper Market Export to Major Countries |
7.2 Philippines Zipper Market Imports from Major Countries |
8 Philippines Zipper Market Key Performance Indicators |
9 Philippines Zipper Market - Opportunity Assessment |
9.1 Philippines Zipper Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Philippines Zipper Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Philippines Zipper Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Zipper Market - Competitive Landscape |
10.1 Philippines Zipper Market Revenue Share, By Companies, 2024 |
10.2 Philippines Zipper Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |