According to the publisher, with the rapid development of manufacturing industries and increasing consumer demand for high-quality products, the global demand for metal buckles and accessories continues to grow. These items have become essential components in industries such as clothing, luggage, outdoor equipment, and automotive sectors.
The major global producers of metal buckles and accessories include South Korea, Japan, China, Germany, and the United States. China is the world's largest production base, particularly dominating the mid- and low-end markets. South Korea and Japan focus on high-end and customized markets, while Germany is renowned for high-quality and precision manufacturing, especially in the industrial usage market.
From a demand perspective, North America, Europe, and the Asia-Pacific region are key consumption markets for metal buckles. The United States, as a major player in North America, has significant demand for metal buckles, particularly in the fashion, luggage, outdoor gear, and automotive sectors. In Europe, countries like Germany, the UK, France, and Italy have stable demand for these components. In the Asia-Pacific region, the demand for metal buckles is increasing, particularly in Southeast Asia, where manufacturing, especially in the clothing and furniture industries, is rapidly expanding.
In recent years, Vietnam has become an important manufacturing hub, particularly in sectors such as apparel, footwear, and luggage. These industries have a high demand for metal buckles, driving the growth of Vietnam's hardware product industry. However, Vietnam's metal processing industry is still at a relatively low-to-mid level, which means the country remains highly reliant on imported metal buckle products.
The publisher data shows that Vietnam's total imports of metal buckles amounted to USD 156 million in 2023, with imports reaching nearly USD 109 million from January to July 2024. The market demand is expected to continue growing in the coming years.
The main countries and regions supplying metal buckles to Vietnam include China, Hong Kong, South Korea, Taiwan, and Japan. Due to its proximity, complete industrial chain, and cost-effective products, China remains a key source of imports. According to the publisher, From 2021 to 2024, the top three import sources for metal buckles to Vietnam were China, South Korea, and Hong Kong. Key exporters include PUNGKOOK CORPORATION, PARK INTERNATIONAL CO LTD, and FENG TAY ENTERPRISES CO LTD. Major importers in Vietnam include SIMONE ACCESSORIES COLLECTION VIETNAM, THAIBINH GROUP, and TBS GROUP.
As Vietnam's domestic manufacturing market continues to expand, the demand for metal buckles will continue to grow. Despite the rapid development of the metal buckle industry, Vietnam will still rely on high-quality, high-tech buckle products, primarily imported from China, South Korea, and Japan. The publisher forecasts that metal buckle imports will increase in the coming years. The publisher recommends that foreign manufacturers of metal buckles research the Vietnamese market and, if necessary, consider establishing local production facilities to capture opportunities in this growing market.
Topics covered:
- The Import and Export of Metal Buckle Accessories in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Metal Buckle Accessories in Vietnam (2021-2024)
- Total Import Value and Percentage Change of Metal Buckle Accessories in Vietnam (2021-2024)
- Total Import Volume and Percentage Change of Metal Buckle Accessories in Vietnam (2024)
- Total Import Value and Percentage Change of Metal Buckle Accessories in Vietnam (2024)
- Average Import Price of Metal Buckle Accessories in Vietnam (2021-2024)
- Top 10 Sources of Metal Buckle Accessories Imports in Vietnam and Their Supply Volume
- Top 10 Suppliers in the Import Market of Metal Buckle Accessories in Vietnam and Their Supply Volume
- Top 10 Importers of Metal Buckle Accessories in Vietnam and Their Import Volume
- How to Find Distributors and End Users of Metal Buckle Accessories in Vietnam
- How Foreign Enterprises Enter the Metal Buckle Accessories Market of Vietnam
- Forecast for the Import of Metal Buckle Accessories in Vietnam (2024-2033)
Table of Contents
Companies Mentioned
- PUNGKOOK CORPORATION
- PARK INTERNATIONAL CO LTD
- FENG TAY ENTERPRISES CO LTD
- SIMONE ACCESSORIES COLLECTION VIETNAM
- THAIBINH GROUP
- BS GROUP.
Methodology
Background research defines the range of products and industries, which proposes the key points of the research. Proper classification will help clients understand the industry and products in the report.
Secondhand material research is a necessary way to push the project into fast progress. The analyst always chooses the data source carefully. Most secondhand data they quote is sourced from an authority in a specific industry or public data source from governments, industrial associations, etc. For some new or niche fields, they also "double-check" data sources and logics before they show them to clients.
Primary research is the key to solve questions, which largely influence the research outputs. The analyst may use methods like mathematics, logical reasoning, scenario thinking, to confirm key data and make the data credible.
The data model is an important analysis method. Calculating through data models with different factors weights can guarantee the outputs objective.
The analyst optimizes the following methods and steps in executing research projects and also forms many special information gathering and processing methods.
1. Analyze the life cycle of the industry to understand the development phase and space.
2. Grasp the key indexes evaluating the market to position clients in the market and formulate development plans
3. Economic, political, social and cultural factors
4. Competitors like a mirror that reflects the overall market and also market differences.
5. Inside and outside the industry, upstream and downstream of the industry chain, show inner competitions
6. Proper estimation of the future is good guidance for strategic planning.
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | December 2024 |
| Forecast Period | 2024 - 2033 |
| Estimated Market Value ( USD | $ 180 Million |
| Forecasted Market Value ( USD | $ 368.92 Million |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Vietnam |
| No. of Companies Mentioned | 6 |
