NAICS Code 424310-04 - Buttons-Clothing (Wholesale)

Marketing Level - NAICS 8-Digit

Use Data For:

  • Direct Mailing
  • Emailing
  • Calling
  • Research

Includes Free Sample & Industry Report

Total Companies

28

100% Phone-Verified, NCOA Processed, Accurate Data

NAICS Code 424310-04 Description (8-Digit)

Buttons-Clothing (Wholesale) is a subdivision of the Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers industry. This industry involves the wholesale distribution of buttons specifically designed for clothing items. Buttons-Clothing (Wholesale) companies purchase buttons in bulk from manufacturers and distribute them to retailers, fashion designers, and other businesses in the clothing industry. These buttons can be made from a variety of materials such as plastic, metal, wood, or fabric and come in different shapes, sizes, and colors to suit the needs of their customers.

Hierarchy Navigation for NAICS Code 424310-04

Tools

Tools commonly used in the Buttons-Clothing (Wholesale) industry for day-to-day tasks and operations.

  • Button making machines
  • Button covering machines
  • Button sewing machines
  • Buttonhole machines
  • Button molds
  • Button dies
  • Button presses
  • Button polishing machines
  • Button sorting machines
  • Button packaging machines

Industry Examples of Buttons-Clothing (Wholesale)

Common products and services typical of NAICS Code 424310-04, illustrating the main business activities and contributions to the market.

  • Shirt buttons
  • Blouse buttons
  • Coat buttons
  • Jacket buttons
  • Dress buttons
  • Skirt buttons
  • Pant buttons
  • Uniform buttons
  • Suit buttons
  • Sweater buttons

Certifications, Compliance and Licenses for NAICS Code 424310-04 - Buttons-Clothing (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Textile and Apparel Quality Management System Certification: This certification ensures that the products meet the quality standards set by the International Organization for Standardization (ISO). It is provided by various organizations such as SGS, Bureau Veritas, and TUV Rheinland.
  • Global Organic Textile Standard (GOTS): This certification ensures that the products are made from organic fibers and meet environmental and social criteria. It is provided by the International Working Group on Global Organic Textile Standard.
  • OEKO-TEX Standard 100: This certification ensures that the products are free from harmful substances and meet human-ecological requirements. It is provided by the International Association for Research and Testing in the Field of Textile and Leather Ecology.
  • Fair Trade Certified: This certification ensures that the products are made in a socially and environmentally responsible manner and that the workers are paid fair wages. It is provided by Fair Trade USA.
  • Forest Stewardship Council (FSC) Certification: This certification ensures that the products are made from responsibly sourced wood and meet environmental and social criteria. It is provided by the Forest Stewardship Council.

History

A concise historical narrative of NAICS Code 424310-04 covering global milestones and recent developments within the United States.

  • The "Buttons-Clothing (Wholesale)" industry has a long history dating back to the 13th century when buttons were first used as fasteners on clothing. The industry has since grown to include a wide range of buttons made from various materials such as plastic, metal, and wood. In the United States, the industry saw significant growth during the 19th century due to the rise of the garment industry. The introduction of new manufacturing techniques and materials such as celluloid and Bakelite buttons further fueled the industry's growth. In recent years, the industry has faced challenges due to the rise of e-commerce and changing consumer preferences. However, the industry has adapted by offering a wider range of products and services to meet the needs of its customers.

Future Outlook for Buttons-Clothing (Wholesale)

The anticipated future trajectory of the NAICS 424310-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the industry "Buttons-Clothing (Wholesale)" in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for clothing and apparel in the country. The rise of e-commerce and online shopping has also contributed to the growth of the industry. The industry is expected to continue to innovate and adapt to changing consumer preferences and trends. However, the industry may face challenges such as increasing competition and rising costs of raw materials and labor. Overall, the industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 424310-04

Recent groundbreaking advancements and milestones in the Buttons-Clothing (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Buttons: These are buttons that can be programmed to perform various functions such as tracking fitness data, controlling music, and even making payments. This innovation has the potential to revolutionize the clothing industry by adding new features to clothing and apparel.
  • Sustainable Buttons: With the increasing focus on sustainability, many companies are now producing buttons made from eco-friendly materials such as bamboo, wood, and recycled plastic. This innovation is not only environmentally friendly but also appeals to consumers who are conscious about the impact of their purchases on the environment.
  • Customizable Buttons: Some companies are now offering customizable buttons that allow customers to personalize their clothing and apparel. This innovation adds a new level of personalization to clothing and apparel and can help companies differentiate themselves from competitors.
  • Smart Supply Chain: With the rise of technology, many companies are now using smart supply chain solutions to optimize their operations. This includes using data analytics to forecast demand, track inventory, and optimize logistics. This innovation can help companies reduce costs and improve efficiency.
  • Virtual Showrooms: With the COVID-19 pandemic, many companies have had to shift to virtual showrooms to showcase their products. This innovation allows companies to showcase their products to customers from anywhere in the world, reducing the need for physical showrooms and travel.

Required Materials or Services for Buttons-Clothing (Wholesale)

This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Buttons-Clothing (Wholesale) industry. It highlights the primary inputs that Buttons-Clothing (Wholesale) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Material

Button Cards: These cards are used for displaying buttons in a retail setting, making it easier for customers to browse and select their preferred styles.

Button Packaging Materials: Packaging materials are crucial for protecting buttons during transport and storage, ensuring they arrive in perfect condition for distribution.

Button Samples: Samples are provided to potential buyers to showcase the quality and design of buttons, aiding in the decision-making process for bulk purchases.

Button Shanks: Button shanks are essential for creating a raised attachment point on buttons, allowing for easier fastening and a more polished look on garments.

Fabric Covered Buttons: These buttons are made by covering a base button with fabric, allowing for customization in patterns and textures that match the garment.

Metal Buttons: Metal buttons are known for their strength and aesthetic appeal, often used in high-end garments to add a touch of elegance and durability.

Plastic Buttons: These are lightweight and versatile buttons made from plastic, widely used in clothing for their durability and variety of colors and designs.

Snap Fasteners: Snap fasteners are used as an alternative to traditional buttons, providing ease of use and a secure closure for various types of clothing.

Wooden Buttons: Crafted from natural wood, these buttons provide a rustic charm and are often used in eco-friendly clothing lines, appealing to environmentally conscious consumers.

Service

Wholesale Distribution Services: These services facilitate the bulk purchase and distribution of buttons to retailers and manufacturers, ensuring timely delivery and inventory management.

Products and Services Supplied by NAICS Code 424310-04

Explore a detailed compilation of the unique products and services offered by the Buttons-Clothing (Wholesale) industry. This section provides precise examples of how each item is utilized, showcasing the diverse capabilities and contributions of the Buttons-Clothing (Wholesale) to its clients and markets. This section provides an extensive list of essential materials, equipment and services that are integral to the daily operations and success of the Buttons-Clothing (Wholesale) industry. It highlights the primary inputs that Buttons-Clothing (Wholesale) professionals rely on to perform their core tasks effectively, offering a valuable resource for understanding the critical components that drive industry activities.

Material

Button Sets: These sets include multiple buttons of the same design, allowing for uniformity in clothing design. They are commonly used by fashion designers and manufacturers to ensure consistency in their products.

Custom Buttons: These buttons are tailored to specific designs or logos, allowing brands to create unique fasteners that represent their identity. They are widely used in promotional clothing and merchandise, enhancing brand recognition.

Decorative Buttons: Available in various shapes, sizes, and designs, decorative buttons serve as both functional fasteners and embellishments. They are often used in fashion design to enhance the visual appeal of garments and accessories.

Fabric Covered Buttons: These buttons are created by covering a button base with fabric, allowing for a wide range of patterns and textures. They are frequently used in custom clothing and accessories, enabling designers to match buttons with specific fabric choices.

Metal Buttons: Crafted from high-quality metals, these buttons offer a sturdy and stylish option for garments. They are commonly used in denim jeans and outerwear, adding a touch of elegance and durability to clothing items.

Plastic Buttons: These buttons are manufactured from durable plastic materials, available in various colors and designs. They are widely used in the clothing industry for shirts, jackets, and pants, providing a lightweight and cost-effective fastening solution.

Shank Buttons: Featuring a protruding loop on the back, shank buttons are designed for thicker fabrics and provide a secure attachment. They are often used in coats and jackets, ensuring that the button remains firmly in place despite heavy use.

Snap Buttons: Snap buttons consist of two parts that snap together, providing a secure closure for garments. They are commonly used in children's clothing and outerwear, offering ease of use and convenience for quick dressing.

Toggle Buttons: These buttons consist of a cylindrical piece that is secured through a loop, providing a unique fastening method. They are popular in outerwear and casual clothing, offering both functionality and a distinctive style.

Wooden Buttons: Made from natural wood, these buttons are eco-friendly and provide a rustic aesthetic to clothing. They are often used in handmade garments and crafts, appealing to consumers looking for unique and sustainable fashion options.

Comprehensive PESTLE Analysis for Buttons-Clothing (Wholesale)

A thorough examination of the Buttons-Clothing (Wholesale) industry’s external dynamics, focusing on the political, economic, social, technological, legal, and environmental factors that shape its operations and strategic direction.

Political Factors

  • Trade Regulations

    Description: Trade regulations, including tariffs and import quotas, significantly impact the wholesale distribution of clothing buttons. Recent changes in trade agreements, particularly with countries that manufacture buttons, have influenced the cost and availability of these products in the U.S. market.

    Impact: Changes in trade regulations can lead to increased costs for imported buttons, affecting pricing strategies for wholesalers. Additionally, domestic producers may face increased competition from imports, which can pressure local prices and market share, potentially leading to reduced profitability for wholesalers.

    Trend Analysis: Historically, trade regulations have fluctuated based on political administrations and international relations. Currently, there is a trend towards more protectionist policies, which may continue to shape the industry landscape. Future predictions suggest ongoing negotiations will keep trade regulations in flux, with a medium level of certainty regarding their impact on the industry.

    Trend: Increasing
    Relevance: High
  • Regulatory Compliance

    Description: The wholesale distribution of buttons is subject to various regulations, including safety standards and labeling requirements. Recent updates to consumer safety regulations have heightened compliance requirements for distributors, impacting operational practices.

    Impact: Compliance with stringent regulations can lead to increased operational costs and necessitate investments in training and technology. Non-compliance can result in penalties, product recalls, and damage to brand reputation, affecting long-term sustainability and market position.

    Trend Analysis: Regulatory scrutiny has increased over the past few years, with a focus on consumer safety and product quality. The trend is expected to continue as regulatory bodies enhance enforcement of existing regulations and introduce new ones, with a high level of certainty regarding their impact.

    Trend: Increasing
    Relevance: High

Economic Factors

  • Market Demand for Fashion Accessories

    Description: The demand for fashion accessories, including buttons, is influenced by trends in the clothing industry. As fashion evolves, the need for diverse button styles and materials has increased, driven by consumer preferences for unique and customizable clothing.

    Impact: The rising demand for fashionable buttons presents opportunities for wholesalers to expand their product offerings and cater to niche markets. However, failure to adapt to changing trends may result in lost sales and reduced competitiveness in the wholesale market.

    Trend Analysis: Over the past few years, the demand for unique and fashionable clothing items has steadily increased, with projections indicating continued growth as consumers seek personalization in their apparel. This trend is supported by a high level of certainty, driven by demographic shifts and evolving fashion trends.

    Trend: Increasing
    Relevance: High
  • Economic Conditions

    Description: Economic conditions, including inflation rates and consumer spending power, directly impact the wholesale distribution of buttons. Economic downturns can lead to reduced discretionary spending, affecting sales of premium and specialty buttons.

    Impact: Economic fluctuations can create volatility in demand, impacting revenue and profitability for wholesalers. Companies may need to adjust pricing strategies and product offerings to maintain sales during downturns, which can lead to operational challenges and increased competition.

    Trend Analysis: Economic conditions have shown variability, with recent inflationary pressures affecting consumer behavior. The trend is currently unstable, with predictions of potential recessionary impacts in the near future, leading to cautious consumer spending. The level of certainty regarding these predictions is medium, influenced by broader economic indicators.

    Trend: Decreasing
    Relevance: Medium

Social Factors

  • Sustainability Trends

    Description: Consumers are increasingly concerned about sustainability and the environmental impact of products, influencing their purchasing decisions in the clothing industry. This trend is prompting wholesalers to source buttons made from sustainable materials and adopt eco-friendly practices.

    Impact: Adopting sustainable practices can enhance brand loyalty and attract environmentally conscious customers. However, transitioning to sustainable sourcing may involve significant upfront costs and operational changes, which can be challenging for some wholesalers.

    Trend Analysis: Sustainability has become a key focus for consumers, with a strong upward trend in demand for eco-friendly products. The level of certainty regarding this trend is high, as it is supported by legislative changes and consumer advocacy for sustainable practices in the fashion industry.

    Trend: Increasing
    Relevance: High
  • Consumer Preferences for Customization

    Description: There is a growing trend among consumers for personalized and customized clothing items, which includes the use of unique buttons. This trend is particularly evident among younger demographics who prioritize individuality in their fashion choices.

    Impact: This factor positively influences the wholesale distribution of buttons, as companies that offer a variety of styles, colors, and materials can capture a larger market share. However, those that fail to adapt may struggle to maintain relevance in a competitive market.

    Trend Analysis: The demand for customization has been on the rise for several years, with a strong trajectory expected to continue. The certainty of this trend is high, driven by social media influence and the increasing availability of customization options in retail.

    Trend: Increasing
    Relevance: High

Technological Factors

  • E-commerce Growth

    Description: The rise of e-commerce has transformed how consumers and businesses purchase buttons, with online sales channels becoming increasingly important. This shift has been accelerated by the COVID-19 pandemic, which changed shopping behaviors significantly.

    Impact: E-commerce presents both opportunities and challenges for wholesalers. Companies that effectively leverage online platforms can reach a broader audience and increase sales. However, they must also navigate logistics and supply chain complexities associated with online sales, which can impact operational efficiency.

    Trend Analysis: The growth of e-commerce has shown a consistent upward trajectory, with predictions indicating continued expansion as more consumers prefer online shopping. The level of certainty regarding this trend is high, influenced by technological advancements and changing consumer habits.

    Trend: Increasing
    Relevance: High
  • Advancements in Supply Chain Technology

    Description: Technological advancements in supply chain management, including inventory tracking and logistics optimization, are enhancing the efficiency of wholesale operations. These innovations are crucial for maintaining product availability and meeting customer demands.

    Impact: Investing in advanced supply chain technologies can lead to improved operational efficiency and customer satisfaction, allowing wholesalers to differentiate themselves in a competitive market. However, the initial investment can be substantial, posing a barrier for smaller operators.

    Trend Analysis: The trend towards adopting new supply chain technologies has been growing, with many companies investing in modernization to stay competitive. The certainty of this trend is high, driven by the need for efficiency and responsiveness in the wholesale market.

    Trend: Increasing
    Relevance: High

Legal Factors

  • Intellectual Property Laws

    Description: Intellectual property laws, including trademarks and patents, significantly impact the design and branding of buttons. Recent legal developments have heightened the importance of protecting unique designs and innovations in the fashion industry.

    Impact: Compliance with intellectual property laws is critical for maintaining competitive advantage and avoiding legal disputes. Companies that fail to protect their designs may face infringement issues, leading to financial losses and damage to brand reputation.

    Trend Analysis: The trend towards stricter enforcement of intellectual property rights has been increasing, with a high level of certainty regarding its impact on the industry. This trend is driven by the growing importance of brand identity and design uniqueness in the fashion sector.

    Trend: Increasing
    Relevance: High
  • Labor Regulations

    Description: Labor regulations, including minimum wage laws and worker safety requirements, significantly impact operational costs in the wholesale distribution of buttons. Recent changes in labor laws in various states have raised compliance costs for distributors.

    Impact: Changes in labor regulations can lead to increased operational costs, affecting profitability and pricing strategies. Companies may need to invest in workforce training and compliance measures to avoid legal issues, impacting overall operational efficiency.

    Trend Analysis: Labor laws have seen gradual changes, with a trend towards more stringent regulations expected to continue. The level of certainty regarding this trend is medium, influenced by political and social movements advocating for worker rights.

    Trend: Increasing
    Relevance: Medium

Economical Factors

  • Environmental Sustainability Practices

    Description: There is a growing emphasis on environmental sustainability within the wholesale distribution of buttons, driven by consumer demand for eco-friendly products. This includes practices such as using recycled materials and reducing waste in production.

    Impact: Adopting sustainable practices can enhance product appeal and align with consumer values, potentially leading to increased sales. However, transitioning to these practices may require significant investment and changes in operational procedures, which can be challenging for some wholesalers.

    Trend Analysis: The trend towards environmental sustainability has been steadily increasing, with a high level of certainty regarding its future trajectory. This shift is supported by consumer preferences and regulatory pressures for more sustainable production methods in the fashion industry.

    Trend: Increasing
    Relevance: High
  • Climate Change Impact

    Description: Climate change poses significant risks to the supply chain of buttons, affecting the availability of raw materials and production processes. Changes in weather patterns can disrupt manufacturing and logistics, impacting the wholesale distribution of buttons.

    Impact: The effects of climate change can lead to supply chain disruptions and increased costs for wholesalers, affecting pricing and availability of products. Companies may need to invest in adaptive strategies and technologies to mitigate these risks, impacting long-term sustainability.

    Trend Analysis: The trend of climate change impacts is increasing, with a high level of certainty regarding its effects on supply chains. This trend is driven by scientific consensus and observable changes in weather patterns, necessitating proactive measures from industry stakeholders.

    Trend: Increasing
    Relevance: High

Value Chain Analysis for NAICS 424310-04

An in-depth look at the Buttons-Clothing (Wholesale) industry's value chain, highlighting its role, key activities, and efficiency strategies, along with its unique value drivers and competitive strengths.

Value Chain Position

Category: Distributor
Value Stage: Intermediate
Description: Buttons-Clothing (Wholesale) operates as a distributor within the textile supply chain, focusing on the wholesale distribution of buttons specifically designed for clothing items. This industry connects manufacturers of buttons with retailers and fashion designers, ensuring a steady supply of essential components for garment production.

Upstream Industries

  • Plastics Material and Resin Manufacturing - NAICS 325211
    Importance: Critical
    Description: Wholesale distributors rely on plastic material manufacturers for the supply of plastic buttons, which are widely used in clothing. These inputs are crucial as they provide the necessary materials for producing durable and versatile buttons that meet various fashion trends.
  • Iron Foundries - NAICS 331511
    Importance: Important
    Description: Metal foundries supply metal buttons, which are essential for high-end clothing and accessories. The quality of these metal buttons directly impacts the final product's aesthetic and durability, making this relationship important for maintaining product standards.
  • All Other Miscellaneous Wood Product Manufacturing - NAICS 321999
    Importance: Supplementary
    Description: Wood product manufacturers provide wooden buttons, which are often used in eco-friendly fashion lines. While not as critical as plastic or metal, these inputs contribute to the diversity of offerings available to customers, allowing wholesalers to cater to niche markets.

Downstream Industries

  • Cut and Sew Apparel Contractors - NAICS 315210
    Importance: Critical
    Description: Cut and sew apparel contractors utilize buttons in the manufacturing of garments, where the quality and variety of buttons can significantly influence the overall design and functionality of clothing. This relationship is critical as it ensures that contractors have access to the necessary components for their production processes.
  • Direct to Consumer
    Importance: Important
    Description: Wholesale distributors may also sell buttons directly to consumers, such as hobbyists and DIY enthusiasts, through online platforms or craft fairs. This direct relationship allows for immediate feedback on product preferences and trends, enhancing the distributor's ability to meet market demands.
  • Fashion Designers
    Importance: Important
    Description: Fashion designers rely on wholesale distributors for a variety of buttons to incorporate into their collections. The relationship is important as it allows designers to access unique and high-quality buttons that can enhance their creative designs and meet consumer expectations.

Primary Activities

Inbound Logistics: Inbound logistics involve receiving bulk shipments of buttons from various manufacturers, ensuring proper handling and storage to maintain quality. Inventory management systems track stock levels and facilitate timely reordering to prevent shortages, while quality control measures include inspecting incoming shipments for defects and compliance with specifications.

Operations: Core operations include sorting and categorizing buttons based on material, size, and color, followed by packaging them for distribution. Quality management practices involve regular audits of inventory to ensure that all products meet industry standards and customer expectations, with procedures in place for handling defective items efficiently.

Outbound Logistics: Outbound logistics encompass the distribution of buttons to retailers and manufacturers, utilizing efficient shipping methods to ensure timely delivery. Preservation of quality during transport is achieved through careful packaging and climate control measures when necessary, adhering to industry best practices for logistics management.

Marketing & Sales: Marketing strategies often include participation in trade shows, online marketing, and direct outreach to potential customers in the fashion industry. Building strong customer relationships is essential, with practices focused on understanding customer needs and providing tailored solutions. Sales processes typically involve consultations to help clients select the right buttons for their specific applications.

Support Activities

Infrastructure: Management systems in this industry include inventory management software that tracks stock levels and sales trends, allowing for efficient operations. Organizational structures often consist of small to medium-sized enterprises that facilitate quick decision-making and responsiveness to market changes, supported by planning systems that optimize order fulfillment processes.

Human Resource Management: Workforce requirements include skilled personnel for inventory management and customer service, with training programs focusing on product knowledge and sales techniques. Development approaches may involve workshops on industry trends and customer engagement strategies to enhance employee effectiveness in a competitive market.

Technology Development: Key technologies include e-commerce platforms for online sales and customer relationship management (CRM) systems to track interactions with clients. Innovation practices focus on adopting new technologies for inventory tracking and order processing to improve efficiency and customer satisfaction, with industry-standard systems ensuring compliance with quality regulations.

Procurement: Sourcing strategies involve establishing long-term relationships with reliable button manufacturers to ensure consistent quality and supply. Supplier relationship management is crucial for negotiating favorable terms and maintaining quality standards, while purchasing practices often emphasize bulk buying to reduce costs and improve margins.

Value Chain Efficiency

Process Efficiency: Operational effectiveness is measured through metrics such as order fulfillment rates and inventory turnover. Common efficiency measures include tracking lead times for orders and optimizing shipping routes to minimize costs. Industry benchmarks are established based on average delivery times and customer satisfaction ratings.

Integration Efficiency: Coordination methods involve regular communication with suppliers and customers to align production schedules and inventory levels. Communication systems often include integrated software solutions that facilitate real-time updates on stock availability and order status, enhancing overall operational efficiency.

Resource Utilization: Resource management practices focus on optimizing warehouse space and minimizing waste during packaging and shipping. Optimization approaches may involve implementing just-in-time inventory systems to reduce holding costs while adhering to industry standards for sustainability and efficiency.

Value Chain Summary

Key Value Drivers: Primary sources of value creation include a diverse range of high-quality buttons, efficient distribution networks, and strong relationships with both suppliers and customers. Critical success factors involve maintaining product quality and adapting to changing fashion trends to meet customer demands effectively.

Competitive Position: Sources of competitive advantage include the ability to offer a wide variety of buttons and quick turnaround times for orders. Industry positioning is influenced by relationships with key fashion designers and retailers, impacting market dynamics and customer loyalty.

Challenges & Opportunities: Current industry challenges include fluctuating raw material costs and competition from overseas suppliers. Future trends may involve increased demand for sustainable and eco-friendly products, presenting opportunities for wholesalers to expand their offerings and enhance their market presence.

SWOT Analysis for NAICS 424310-04 - Buttons-Clothing (Wholesale)

A focused SWOT analysis that examines the strengths, weaknesses, opportunities, and threats facing the Buttons-Clothing (Wholesale) industry within the US market. This section provides insights into current conditions, strategic interactions, and future growth potential.

Strengths

Industry Infrastructure and Resources: The industry benefits from a well-established infrastructure that includes distribution centers and logistics networks tailored for efficient movement of goods. This strong infrastructure supports timely deliveries and enhances the ability to meet retailer demands, with many companies investing in modern warehousing solutions to improve operational efficiency.

Technological Capabilities: Technological advancements in inventory management systems and order processing provide significant advantages. The industry is characterized by a moderate level of innovation, with companies adopting software solutions that streamline operations and improve accuracy in order fulfillment, ensuring competitiveness in the market.

Market Position: The industry holds a strong position within the broader textile supply chain, with a notable market share in the wholesale distribution of clothing buttons. Brand recognition and established relationships with retailers contribute to its competitive strength, although there is ongoing pressure from alternative sourcing options.

Financial Health: Financial performance across the industry is generally strong, with many companies reporting stable revenue growth and healthy profit margins. The financial health is supported by consistent demand for clothing accessories, although fluctuations in raw material costs can impact profitability.

Supply Chain Advantages: The industry enjoys robust supply chain networks that facilitate efficient procurement of buttons from manufacturers. Strong relationships with suppliers and logistics partners enhance operational efficiency, allowing for timely delivery of products to retailers and reducing overall costs.

Workforce Expertise: The labor force in this industry is skilled and knowledgeable, with many workers having specialized training in wholesale distribution and inventory management. This expertise contributes to high operational standards and efficiency, although there is a need for ongoing training to keep pace with technological advancements.

Weaknesses

Structural Inefficiencies: Some companies face structural inefficiencies due to outdated inventory systems or inadequate logistics planning, leading to increased operational costs. These inefficiencies can hinder competitiveness, particularly when compared to more streamlined operations.

Cost Structures: The industry grapples with rising costs associated with raw materials, transportation, and compliance with industry regulations. These cost pressures can squeeze profit margins, necessitating careful management of pricing strategies and operational efficiencies.

Technology Gaps: While some companies are technologically advanced, others lag in adopting new distribution technologies. This gap can result in lower productivity and higher operational costs, impacting overall competitiveness in the market.

Resource Limitations: The industry is vulnerable to fluctuations in the availability of raw materials, particularly due to supply chain disruptions. These resource limitations can disrupt production schedules and impact product availability.

Regulatory Compliance Issues: Navigating the complex landscape of trade regulations and safety standards poses challenges for many companies. Compliance costs can be significant, and failure to meet regulatory standards can lead to penalties and reputational damage.

Market Access Barriers: Entering new markets can be challenging due to established competition and regulatory hurdles. Companies may face difficulties in gaining distribution agreements or meeting local regulatory requirements, limiting growth opportunities.

Opportunities

Market Growth Potential: There is significant potential for market growth driven by increasing consumer demand for diverse clothing options. The trend towards customization and unique fashion statements presents opportunities for companies to expand their offerings and capture new market segments.

Emerging Technologies: Advancements in e-commerce platforms and digital inventory management offer opportunities for enhancing operational efficiency and customer reach. These technologies can lead to increased sales and improved customer satisfaction through streamlined purchasing processes.

Economic Trends: Favorable economic conditions, including rising disposable incomes and increased consumer spending on fashion, support growth in the wholesale distribution of clothing accessories. As consumers prioritize variety and quality, demand for buttons is expected to rise.

Regulatory Changes: Potential regulatory changes aimed at promoting sustainable sourcing and production practices could benefit the industry. Companies that adapt to these changes by offering eco-friendly products may gain a competitive edge.

Consumer Behavior Shifts: Shifts in consumer preferences towards unique and personalized clothing items create opportunities for growth. Companies that align their product offerings with these trends can attract a broader customer base and enhance brand loyalty.

Threats

Competitive Pressures: Intense competition from both domestic and international players poses a significant threat to market share. Companies must continuously innovate and differentiate their products to maintain a competitive edge in a crowded marketplace.

Economic Uncertainties: Economic fluctuations, including inflation and changes in consumer spending habits, can impact demand for clothing accessories. Companies must remain agile to adapt to these uncertainties and mitigate potential impacts on sales.

Regulatory Challenges: The potential for stricter regulations regarding product safety and labeling can pose challenges for the industry. Companies must invest in compliance measures to avoid penalties and ensure product safety.

Technological Disruption: Emerging technologies in alternative sourcing and production methods could disrupt the market for traditional wholesale distribution. Companies need to monitor these trends closely and innovate to stay relevant.

Environmental Concerns: Increasing scrutiny on environmental sustainability practices poses challenges for the industry. Companies must adopt sustainable practices to meet consumer expectations and regulatory requirements.

SWOT Summary

Strategic Position: The industry currently enjoys a strong market position, bolstered by robust consumer demand for clothing accessories. However, challenges such as rising costs and competitive pressures necessitate strategic innovation and adaptation to maintain growth. The future trajectory appears promising, with opportunities for expansion into new markets and product lines, provided that companies can navigate the complexities of regulatory compliance and supply chain management.

Key Interactions

  • The strong market position interacts with emerging technologies, as companies that leverage new e-commerce platforms can enhance customer reach and operational efficiency. This interaction is critical for maintaining market share and driving growth.
  • Financial health and cost structures are interconnected, as improved financial performance can enable investments in technology that reduce operational costs. This relationship is vital for long-term sustainability.
  • Consumer behavior shifts towards unique and personalized products create opportunities for market growth, influencing companies to innovate and diversify their product offerings. This interaction is high in strategic importance as it drives industry evolution.
  • Regulatory compliance issues can impact financial health, as non-compliance can lead to penalties that affect profitability. Companies must prioritize compliance to safeguard their financial stability.
  • Competitive pressures and market access barriers are interconnected, as strong competition can make it more challenging for new entrants to gain market share. This interaction highlights the need for strategic positioning and differentiation.
  • Supply chain advantages can mitigate resource limitations, as strong relationships with suppliers can ensure a steady flow of raw materials. This relationship is critical for maintaining operational efficiency.
  • Technological gaps can hinder market position, as companies that fail to innovate may lose competitive ground. Addressing these gaps is essential for sustaining industry relevance.

Growth Potential: The growth prospects for the industry are robust, driven by increasing consumer demand for diverse clothing options. Key growth drivers include the rising popularity of unique fashion accessories, advancements in e-commerce technologies, and favorable economic conditions. Market expansion opportunities exist in both domestic and international markets, particularly as consumers seek out personalized products. However, challenges such as resource limitations and regulatory compliance must be addressed to fully realize this potential. The timeline for growth realization is projected over the next five to ten years, contingent on successful adaptation to market trends and consumer preferences.

Risk Assessment: The overall risk level for the industry is moderate, with key risk factors including economic uncertainties, competitive pressures, and supply chain vulnerabilities. Industry players must be vigilant in monitoring external threats, such as changes in consumer behavior and regulatory landscapes. Effective risk management strategies, including diversification of suppliers and investment in technology, can mitigate potential impacts. Long-term risk management approaches should focus on sustainability and adaptability to changing market conditions. The timeline for risk evolution is ongoing, necessitating proactive measures to safeguard against emerging threats.

Strategic Recommendations

  • Prioritize investment in advanced inventory management technologies to enhance efficiency and product tracking. This recommendation is critical due to the potential for significant cost savings and improved market competitiveness. Implementation complexity is moderate, requiring capital investment and staff training. A timeline of 1-2 years is suggested for initial investments, with ongoing evaluations for further advancements.
  • Develop a comprehensive sustainability strategy to address environmental concerns and meet consumer expectations. This initiative is of high priority as it can enhance brand reputation and compliance with regulations. Implementation complexity is high, necessitating collaboration across the supply chain. A timeline of 2-3 years is recommended for full integration.
  • Expand product lines to include eco-friendly and customizable button options in response to shifting consumer preferences. This recommendation is important for capturing new market segments and driving growth. Implementation complexity is moderate, involving market research and product development. A timeline of 1-2 years is suggested for initial product launches.
  • Enhance regulatory compliance measures to mitigate risks associated with non-compliance. This recommendation is crucial for maintaining financial health and avoiding penalties. Implementation complexity is manageable, requiring staff training and process adjustments. A timeline of 6-12 months is recommended for initial compliance audits.
  • Strengthen supply chain relationships to ensure stability in raw material availability. This recommendation is vital for mitigating risks related to resource limitations. Implementation complexity is low, focusing on communication and collaboration with suppliers. A timeline of 1 year is suggested for establishing stronger partnerships.

Geographic and Site Features Analysis for NAICS 424310-04

An exploration of how geographic and site-specific factors impact the operations of the Buttons-Clothing (Wholesale) industry in the US, focusing on location, topography, climate, vegetation, zoning, infrastructure, and cultural context.

Location: The wholesale distribution of buttons for clothing thrives in regions with a strong textile and apparel manufacturing presence, such as the Southeastern United States, particularly North Carolina and Georgia. These areas benefit from proximity to manufacturers and retailers, facilitating efficient logistics and supply chain management. Urban centers with significant fashion industries, like Los Angeles and New York City, also provide advantageous locations due to high demand and access to a diverse customer base.

Topography: The operations of this industry require flat and accessible sites for warehousing and distribution. Regions with level terrain, such as the Piedmont area of North Carolina, are ideal for establishing large distribution centers that can accommodate extensive inventories of buttons. The topography must also support easy truck access for shipping and receiving goods, minimizing transportation costs and improving delivery times.

Climate: The climate in regions like the Southeast, characterized by moderate temperatures and humidity, is conducive to the storage and distribution of buttons, as it reduces the risk of material degradation. Seasonal variations, such as increased humidity during summer months, may necessitate climate-controlled storage solutions to maintain product quality. Additionally, operations in areas with milder winters can ensure year-round distribution without significant weather-related disruptions.

Vegetation: Vegetation management is essential for maintaining clear access routes and ensuring compliance with local environmental regulations. In regions with dense vegetation, such as parts of the Southeast, facilities must implement landscaping practices that minimize pest habitats while providing necessary buffer zones. This management helps in maintaining operational efficiency and adhering to environmental standards.

Zoning and Land Use: Wholesale distribution operations typically require zoning classifications that allow for commercial and industrial activities. Specific permits may be needed for warehousing and distribution centers, particularly in urban areas where land use is tightly regulated. Variations in zoning laws across states can affect site selection, with some regions offering more favorable conditions for establishing distribution facilities.

Infrastructure: Robust infrastructure is critical for the efficient operation of wholesale distribution centers. This includes access to major highways for transportation, reliable utilities for operations, and advanced communication systems for inventory management. Facilities must also have adequate loading docks to handle large volumes of incoming and outgoing shipments, ensuring smooth logistics operations.

Cultural and Historical: The historical presence of textile and apparel industries in regions like the Southeast has fostered a community that is generally supportive of wholesale distribution operations. Local economies often rely on these industries for employment and economic stability. However, there may be cultural sensitivities regarding environmental impacts, prompting businesses to engage in community outreach and sustainable practices to maintain positive relationships.

In-Depth Marketing Analysis

A detailed overview of the Buttons-Clothing (Wholesale) industry’s market dynamics, competitive landscape, and operational conditions, highlighting the unique factors influencing its day-to-day activities.

Market Overview

Market Size: Medium

Description: This industry focuses on the wholesale distribution of buttons specifically designed for clothing items, involving the procurement of buttons in bulk from manufacturers and their subsequent distribution to retailers and fashion designers. Operations include inventory management, order fulfillment, and logistics coordination to ensure timely delivery of products to clients.

Market Stage: Growth. The industry is experiencing growth driven by increasing demand from the fashion sector, with operators expanding their product offerings and distribution networks to accommodate a wider range of clients.

Geographic Distribution: National. Distribution centers are strategically located across the United States, often near major fashion hubs such as New York City and Los Angeles, to facilitate quick access to clients and reduce shipping times.

Characteristics

  • Bulk Procurement: Companies engage in bulk purchasing of buttons from manufacturers, allowing them to negotiate better pricing and maintain a diverse inventory that meets the varying needs of their customers.
  • Inventory Management Systems: Operators utilize sophisticated inventory management systems to track stock levels, manage reorders, and optimize storage space, ensuring that they can quickly fulfill orders from retailers and designers.
  • Logistics Coordination: Efficient logistics operations are critical, involving partnerships with freight carriers and local delivery services to ensure timely distribution of products across various regions.
  • Diverse Product Range: The industry offers a wide variety of buttons made from different materials such as plastic, metal, and wood, catering to the diverse aesthetic and functional needs of the clothing industry.

Market Structure

Market Concentration: Fragmented. The market is characterized by a large number of small to medium-sized wholesalers, each serving specific niches within the clothing industry, leading to a competitive landscape with varied pricing and product offerings.

Segments

  • Fashion Retailers: Wholesalers supply buttons to fashion retailers, who require a range of styles and sizes to meet consumer demands, often placing large orders for seasonal collections.
  • Clothing Manufacturers: These operators provide buttons to manufacturers who incorporate them into their garments, necessitating bulk orders and consistent supply to align with production schedules.
  • Independent Designers: Independent fashion designers often seek unique and specialty buttons, requiring wholesalers to maintain a diverse inventory that includes trendy and artisanal options.

Distribution Channels

  • Direct Sales to Retailers: Wholesalers often engage in direct sales to retailers, providing personalized service and tailored product selections based on the retailer's specific needs.
  • Online Wholesale Platforms: Many wholesalers utilize online platforms to reach a broader audience, allowing retailers to place orders conveniently and access a wider range of products.

Success Factors

  • Strong Supplier Relationships: Building and maintaining strong relationships with button manufacturers is crucial for wholesalers to ensure product quality, timely delivery, and favorable pricing.
  • Responsive Customer Service: Providing excellent customer service, including quick response times and flexible order fulfillment options, is essential for retaining clients in a competitive market.
  • Market Trend Awareness: Staying informed about fashion trends and consumer preferences enables wholesalers to adjust their inventory and product offerings to meet changing demands.

Demand Analysis

  • Buyer Behavior

    Types: Primary buyers include fashion retailers, clothing manufacturers, and independent designers, each with distinct purchasing patterns and volume requirements based on their specific business models.

    Preferences: Buyers prioritize quality, variety, and price, often seeking suppliers who can provide a broad selection of buttons that meet their design specifications and budget constraints.
  • Seasonality

    Level: Moderate
    Demand for buttons tends to peak during the spring and fall fashion seasons, with wholesalers preparing for increased orders as retailers launch new collections.

Demand Drivers

  • Fashion Industry Trends: The demand for buttons is heavily influenced by current fashion trends, with seasonal shifts prompting retailers to order specific styles and colors that align with consumer preferences.
  • Sustainability Practices: Increasing consumer interest in sustainable fashion drives demand for eco-friendly buttons, prompting wholesalers to source and offer products made from recycled or organic materials.
  • Customization Requests: Retailers and designers increasingly seek customized buttons, which drives demand for wholesalers who can provide unique designs and materials.

Competitive Landscape

  • Competition

    Level: High
    The industry is marked by intense competition among wholesalers, with operators competing on product variety, pricing, and customer service to attract and retain clients.

Entry Barriers

  • Established Supplier Networks: New entrants face challenges in establishing relationships with button manufacturers, which are crucial for securing quality products and competitive pricing.
  • Brand Recognition: Established wholesalers benefit from brand recognition and customer loyalty, making it difficult for new players to gain market share without significant marketing efforts.
  • Inventory Management Expertise: Effective inventory management is essential for success, requiring new entrants to develop systems and processes that can efficiently handle diverse product lines.

Business Models

  • Traditional Wholesale Distribution: This model involves purchasing buttons in bulk from manufacturers and selling them directly to retailers and designers, focusing on maintaining a diverse inventory.
  • E-commerce Wholesale: Some operators leverage online platforms to reach a wider audience, allowing for direct sales to retailers and providing a convenient ordering process.

Operating Environment

  • Regulatory

    Level: Low
    The industry faces minimal regulatory oversight, primarily focusing on product safety and labeling requirements, allowing operators to concentrate on business operations.
  • Technology

    Level: Moderate
    Wholesalers utilize technology for inventory management and order processing, with some adopting e-commerce solutions to enhance customer engagement and streamline operations.
  • Capital

    Level: Moderate
    Initial capital requirements are moderate, primarily involving inventory investment and logistics infrastructure, with ongoing costs related to storage and distribution.

NAICS Code 424310-04 - Buttons-Clothing (Wholesale)

We now have complete information to process your request

Your dedicated data specialist is researching your target and will provide an industry report for your review shortly

What's Next?

1
Industry report based on your target will be sent to you by email (You're here)
2
Use this to review and refine your target
3
Free sample list will be provided to test drive the data
4
When ready for purchase, your complete list will be ready in minutes
Your data specialist

Your data specialist will assist you every step of the way

What Our Clients Say

I was able to supply NAICS/SIC codes to SICCODE.com, who provided a numerical total of their lists for each code. They provided also a sample list for me to judge the content and accuracy. Their Business Data Specialist sent then refined lists that allowed me to target my audience. They are professional and able to understand their products in great detail. I recommend them to anyone who wants to focus a targeted sales/marketing campaign.

SICCODE.com client

SICCODE.com client