Market Overview:
The global snap fastener market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for snap fasteners in various applications, such as aerospace, automotive, consumer goods and others. In terms of type, the metal snap fastener segment is expected to hold a major share of the global market during the forecast period. This can be attributed to their high durability and resistance against corrosion.
Product Definition:
A snap fastener (also called a press stud) is a fastener used to hold two pieces of fabric together. It consists of two parts, the male part and the female part. The male part has a prong that goes through the fabric, while the female part has a depression that snaps over the prong.
Metal Snap Fastener:
Metal Snap Fastener is a kind of fastening device used in various end-use industries such as construction, automotive and packaging. Metal snap fasteners are manufactured by using metal sheets or coils which are then heated to a temperature above 200oC. These metal sheets/coils are provided with an adhesive along with an insertion point for the stem of the Snap Fastener.
Plastic Snap Fastener:
Plastic Snap Fasteners are used in various applications such as furniture, packaging, automotive and construction. The plastic fasteners industry is expected to witness significant growth over the forecast period owing to its increasing application scope in the aforementioned end-use industries. Plastic fasteners have been witnessing a rapid increase in demand from different end-use industries due to their properties such as durability, corrosion resistance and high strength among others. This is expected to drive market growth over the next seven years.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 40% in 2017. The growth can be attributed to the increasing production of electric vehicles, especially in China and India. Countries, such as Japan and Germany are leading in the production of electric vehicles, which is expected to drive demand for screws and rivets over the forecast period.
The aerospace application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising use in aircraft interiors including cabin furniture, wall panels & ceiling tiles as well as fixtures & fittings. Plastic rivets have been replacing metal rivets due largely they are lighter weight but also because plastic has better mechanical properties than steel when used under high stress conditions (pull-out strength).
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is anticipated to witness significant growth over the forecast period. The region comprises developing as well as developed countries such as India, China, Japan, South Korea and Australia. Rapidly growing industrialization coupled with increasing foreign investments in these countries is expected to drive the demand for fasteners over the next eight years.
The aerospace industry of Asia Pacific has witnessed a surge in demand for aluminum fasteners since 2015 on account of an increase in commercial aircraft deliveries across key markets including China and India. Moreover, favorable government policies encouraging domestic manufacturing are expected to drive production activities within this sector which will further propel market growth over the coming years.
North America accounted for a share of more than 20% of total revenue generated by global snap fastener market in 2017 owing to high product adoption across various applications such as automotive interior components & exterior vehicle body parts among others especially within U S A.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and apparel
- Growing popularity of snap fasteners in North America and Europe
- Rising demand for lightweight and durable fasteners in the automotive industry
- Technological advancements in snap fastener manufacturing process
- Growing awareness about the benefits of using snap fasteners over traditional screws and bolts
Scope Of The Report
Report Attributes
Report Details
Report Title
Snap Fastener Market Research Report
By Type
Metal Snap Fastener, Plastic Snap Fastener
By Application
Aerospace, Automotive, Consumer Goods, Others
By Companies
Koh-i-noor, Scovill Fasteners, Carmo A/S, Mouser, YKK GROUP, Camco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Snap Fastener Market Report Segments:
The global Snap Fastener market is segmented on the basis of:
Types
Metal Snap Fastener, Plastic Snap Fastener
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Automotive, Consumer Goods, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Koh-i-noor
- Scovill Fasteners
- Carmo A/S
- Mouser
- YKK GROUP
- Camco
Highlights of The Snap Fastener Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal Snap Fastener
- Plastic Snap Fastener
- By Application:
- Aerospace
- Automotive
- Consumer Goods
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Snap Fastener Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Snap fastener is a type of fastener that uses a quick-release mechanism to secure two pieces of material together.
Some of the major players in the snap fastener market are Koh-i-noor, Scovill Fasteners, Carmo A/S, Mouser, YKK GROUP, Camco.
The snap fastener market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Snap Fastener Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Snap Fastener Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Snap Fastener Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Snap Fastener Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Snap Fastener Market Size & Forecast, 2018-2028
4.5.1 Snap Fastener Market Size and Y-o-Y Growth
4.5.2 Snap Fastener Market Absolute $ Opportunity
Chapter 5 Global Snap Fastener Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Snap Fastener Market Size Forecast by Type
5.2.1 Metal Snap Fastener
5.2.2 Plastic Snap Fastener
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Snap Fastener Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Snap Fastener Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Automotive
6.2.3 Consumer Goods
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Snap Fastener Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Snap Fastener Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Snap Fastener Analysis and Forecast
9.1 Introduction
9.2 North America Snap Fastener Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Snap Fastener Market Size Forecast by Type
9.6.1 Metal Snap Fastener
9.6.2 Plastic Snap Fastener
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Snap Fastener Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Automotive
9.10.3 Consumer Goods
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Snap Fastener Analysis and Forecast
10.1 Introduction
10.2 Europe Snap Fastener Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Snap Fastener Market Size Forecast by Type
10.6.1 Metal Snap Fastener
10.6.2 Plastic Snap Fastener
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Snap Fastener Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Automotive
10.10.3 Consumer Goods
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Snap Fastener Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Snap Fastener Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Snap Fastener Market Size Forecast by Type
11.6.1 Metal Snap Fastener
11.6.2 Plastic Snap Fastener
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Snap Fastener Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Automotive
11.10.3 Consumer Goods
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Snap Fastener Analysis and Forecast
12.1 Introduction
12.2 Latin America Snap Fastener Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Snap Fastener Market Size Forecast by Type
12.6.1 Metal Snap Fastener
12.6.2 Plastic Snap Fastener
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Snap Fastener Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Automotive
12.10.3 Consumer Goods
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Snap Fastener Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Snap Fastener Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Snap Fastener Market Size Forecast by Type
13.6.1 Metal Snap Fastener
13.6.2 Plastic Snap Fastener
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Snap Fastener Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Automotive
13.10.3 Consumer Goods
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Snap Fastener Market: Competitive Dashboard
14.2 Global Snap Fastener Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Koh-i-noor
14.3.2 Scovill Fasteners
14.3.3 Carmo A/S
14.3.4 Mouser
14.3.5 YKK GROUP
14.3.6 Camco
