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Clothing Fasteners and Ornaments Market, Analysis, Development, Growth and Demand Forecast to 2020
Explore more or request TOC on “Global Clothing Fasteners and Ornaments Market” at: www.psmarketresearch.com/market-analysis/clothing-fasteners-and-ornaments-market
A clothing fastener is used to fasten two pieces of cloth together, while it provides a method of "donning and doffing” for everyday dressing. The clothing fasteners can be either permanent or temporary, permanent fasteners are tailored in the garment. On the other hand, temporary fasteners can be of many forms, including basting, eye closures for bras and hooks. The growing living standards, enhanced fashion consciousness, increasing middle class population, in addition with changing life style of consumers in developing countries, is driving the global clothing fastener market. The e-retail industry in Asia Pacific and Latin America has driven robust growth in the garments retail sales volumes.
Asia Pacific had been the largest and fastest growing market of clothing fasteners, in 2014. The large presence of textile and garment industry is driving the demand of clothing fastener in this region. Clothing fasteners market in North America and Europe have shown signs of market saturation for clothing fasteners, and the demand is mainly anticipated from the luxury goods and garment industry. Latin American clothing fasteners market led by Brazil is expected to be 2nd fastest growing clothing fastener market after Asia Pacific. Country wise the U.S., Canada, Brazil, Germany, Italy, the U.K., India, China and Japan are some of the major markets of clothing fasteners.
The global clothing fastener market is highly fragmented, as the top 5 players operating in the clothing fastener market accounted for less than 40% of the total market share. However, the trend towards M&A is observed in recent years, Morito Co. Ltd., a U.S. based supplier of clothing fasteners has acquired Scovill Fasteners, in the year 2014.
Browse related market research at: www.psmarketresearch.com/industry-report/consumer-products
Some of the competitors in the clothing fasteners and ornaments market are Darice Inc., Dill Buttons of America Inc., Prym Consumer USA Inc., Jo-Ann Stores LLC., CMZ Zipper (WUXI) Co. Ltd., IDEAL Fastener Corporation, Sea-Cheng Enterprise Co. Ltd., Talon International Inc., and YKK Fastening Products Group.
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