CATEGORY

Zippers

Zipper is a commonly used device for binding the edges of an opening of fabric or other flexible material, such as on a garment or a bag.

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Zippers Industry Benchmarks


Savings Achieved

(in %)

The average annual savings achieved in Zippers category is 6.60%

Payment Terms

(in days)

The industry average payment terms in Zippers category for the current quarter is 71.6 days

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Category Strategy and Flexibility

Engagement Model

Supply Assurance

Sourcing Process

Supplier Type

Pricing Model

Contract Length

SLAs/KPIs

Lead Time

Supplier Diversity

Targeted Savings

Risk Mitigation

Financial Risk

Sanctions

AMEs

Geopolitical Risk

Cost Optimization

Price per Unit Competitiveness

Specification Leanness

Minimum Order Quality

Payment Terms

Inventory Control

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    Zippers Suppliers


    7,498
    Total Suppliers
    285
    Diverse Suppliers
    74
    Normalized Supplier Rating
    Zippers Supplier

    Find the right-fit zippers supplier for your specific business needs and filter by location, industry, category, revenue, certifications, and more on Beroe LiVE.Ai™.

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    Sample Supplier
    Company
    WW Grainger
    Location
    Jackson, Mississipi
    Duns number
    3862211

    D&B SER Rating

    dnb logo

    Up to 3 months

    1 9
    3
    Low Risk High Risk

    The Supplier Evaluation Risk (SER) Rating is Dun & Bradstreet’s proprietary scoring system used to assess the probability that a business will seek relief from creditors or cease operations within the next 12 months. SER ratings range from 1 to 9, with 9 indicating the highest risk of failure. We’ve prepared an infographic to help business owners better understand what influences their SER Rating.

    Moody`s ESG Solution
    ESG Profile

    Company and Sector Performance
    44

    100
    Limited (1)
    ESG Perfomance (/100)
    Environment
    54
    Social
    37
    Governance
    51
    6 Domains Performance (/100)
    Business behaviour
    42
    Human rights
    49
    Community Environment
    55
    Corporate governance
    56
    Human resources
    27
    Security Scorecard
    85

    Threat indicators
    B
    89
    Network Security
    Detecting insecure network settings
    A
    100
    Hacker Chatter
    Monitoring hacker sites for chatter about your company
    D
    69
    DNS Health
    Detecting DNS insecure configuration and vulnerabilities
    B
    80
    Application Security
    Detecting common website application vulnerbilities
    B
    83
    Endpoint Security
    Detecting unprotected enpoints or entry points of user tools, such as desktops, laptops mobile devices, and virtual desktops
    A
    100
    Cubic Score
    Proprietary algorithms checking for implementation of common security best practices
    B
    84
    Patching Cadence
    Out of date company assets which may contain vulnerabilities of risk
    A
    100
    Social Engineering
    Measuring company awareness to a social engineering or phising attack
    A
    100
    IP Reputation
    Detecting suspecious activity, such as malware or spam, within your company network
    A
    100
    Information Leak
    Potentially confidential company information which may have been inadvertently leaked

    Industry Comparison
    grainger.com
    Industry average
    Adverse Media Appearances
    Environmental Issues
    0
    Workforce Health Safety Issues
    0
    Product Service Issues
    1
    Human Rights Issues
    0
    Production Supply Chain Issues
    0
    Environmental Non Compliance Flags
    1
    Corruption Issues
    0
    Regulatory Non Compliance Flags
    1
    Fraud Issues
    0
    Labor Health Safety Flags
    0
    Regulatory Issues
    1
    Workforce Disputes
    0
    Sanctions
    0
    esg energy transition
    55
    Discrimination Workforce Rights Issues
    0
    esg controversies critical severity
    No

    Zippers market report transcript


    Global Zipper Market Outlook

    • The global zipper’s market value in 2022 stood at $15.93 billion

    • The market is forecast to grow at the CAGR of 7.42 percent to reach $24.48 billion by 2028

    • Asia Pacific is the largest Zipper manufacturing geography followed by North America and Europe

    • The apparel industry is the key driver of zipper demand (40 percent). The end-users are becoming brand-conscious and fashion-oriented. Hence, there has been an increased demand for high-quality branded zippers and exposed zippers

    • Demand from the automobile sector demand (13 percent) is increasing, especially the flame-retardant types that are used in seat covers and other upholstery parts

    • The other major demand applications are from the luggage sector (10 percent), which includes handbags, laptop backpacks, school bags, purses, followed by the upholstery sector (10 percent)

    • Army, marine, PPE, sportswear, and footwear (27 percent) contribute to the rest of the demand

    Global Zippers Drivers and Constraints

    Drivers

    Apparel End-user Segment

    • The apparels industry drives the demand for zippers as a whole; especially, women’s clothing segment fuels the growth in zippers production

    • Other demand driving factors are:

    –Changing lifestyles

    –Increasing disposable income

    –Importance given to fashion orientation

    Cross Industries’ Demand

    The market is driven by other industries, such as:

    • Luggage

    • Footwear

    • Flame retardant garments

    • PPE

    • Automobile

    • Other upholstery industries

    Customers’ Preferences & Innovations

    • Innovations in improving the design and functionality of zippers boost up the demand

    • Air-tight, flame-resistant, water-proof, and exposed zippers open up new avenues for growth in the industry

    • Replacement of metal zippers with plastic ones, due to heaviness, and susceptibility to corrosion

    Constraints

    • Increased price of raw materials, material supply crunch, etc.

    • Reduced buying options due to market dominance by a few suppliers

    • Risks involved in international sourcing such as increased lead time, receiving damaged items due to improper handling and packaging

    • Government restrictions such as trade restrictions, consumer taxation and environmental laws etc.

    • The quality and compliance (environmental, labour)of the product differ for developed regions (U.S. and Western Europe) and emerging regions (example - India, China, Brazil) due to which the sourcing operations differs with geographical regions

    Major Importers for Zippers: Global

    • Vietnam is the largest importer of zippers and its parts.

    • The top 10 importing countries account for approximately 59.83 percent of the international trade for zippers

    • Asia-Pacific contributes about 58 percent of the total import for zippers

    Major Exporters for Zippers: Global

    • Vietnam is the largest exporter of zippers.

    • The top 10 exporting countries contribute about 62.05 percent of the international trade for zippers

    • Major exporters of Asia-Pacific are China, Hong Kong, Japan, Vietnam, Korea, Indonesia

     

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