SIC 3965 - Fasteners, Buttons, Needles, And Pins
Establishments primarily engaged in manufacturing notions, such as slide and snap fasteners and zippers, machine and hand needles, pins, hooks and eyes, buckles, buttons, button parts, and button blanks. Establishments primarily engaged in manufacturing these products from precious metals or from precious or semiprecious stones are classified in Industry 3911.
Industry trends:
The Fasteners, Buttons, Needles, and Pins industry (NAICS 3965) is experiencing notable qualitative trends and shifts that reflect broader dynamics in manufacturing, fashion, and consumer behavior. One prominent trend is the increasing demand for eco-friendly and sustainable materials, driven by growing consumer awareness and regulatory pressures. Manufacturers are exploring biodegradable, recycled, and low-impact materials for both fashion and industrial applications. This sustainable trend is expected to gain momentum further, aligning with the global push towards greener practices.
Customization and small-batch production are also on the rise, facilitated by advancements in digital manufacturing technologies such as 3D printing and CNC machining. These technologies enable manufacturers to produce specialized fasteners and components with greater precision and lower minimum order quantities, catering to niche markets and individual customer specifications. The trend towards customization is expected to expand, driven by customer demand for unique and high-quality products.
The industry is also witnessing a shift towards digital integration and smart manufacturing. The adoption of IoT and AI technologies is enhancing quality control, predictive maintenance, and supply chain efficiency. These innovations are crucial as manufacturers strive to increase productivity while maintaining tight margins and ensuring product reliability. As digital transformation continues to unfold, companies investing in these technologies are expected to gain a competitive edge.
Globalization and shifting trade policies continue to influence the industry. While traditional markets remain strong, there's a growing focus on emerging economies with increasing manufacturing capabilities and consumer bases. Companies are re-evaluating their supply chains to optimize costs and mitigate risks associated with geopolitical tensions and trade barriers.
In summary, the NAICS 3965 industry can anticipate robust growth driven by sustainability, customization, digital integration, and globalization. Stakeholders who adapt to these trends and invest in innovation are poised to thrive in the evolving marketplace.
This industry is comprised of:
Buckle blanks and molds
Buckles and buckle parts, except shoe buckles
Button backs and parts
Button blanks and molds
Button coloring for the trade
Buttons, except precious metal and precious or semiprecious stones
Collar buttons, except precious metal and precious or semi-precious
Cuff buttons, except precious metal and precious or semiprecious
Eyelets, metal: for clothing, fabrics, boots and shoes, and paper
Fasteners: glove, slide, snap, and hook-and-eye
Hair curlers, except equipment designed for beauty parlor use
Hairpins, except rubber
Hooks and eyes
Hooks, crochet
Needles, hand and machine
Pins, except jewelry: toilet, safety, hat pins, and hairpins-steel or
Shirt studs, except precious metal and precious or semiprecious stones
Tape, hook-and eye and snap fastener
Zippers (slide fasteners)
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.