Mar 23, 2015· • Presence of substitute inputs to cotton like polyester, wool, lycra etc are present. • Importance of volume to suppliers is very high. • Cost relative to total purchases in industry is low. • Thus bargaining power of suppliers is low. Threat of Substitutes: • Competition from low cost producing nations like Pakistan and Bangladesh.
The dominance of lowcost Asian manufacturers from China has also "intensified the competitive heat" in an international market that will be worth billion by 2020. According to marketing information released by SBS, China is the biggest zipper producer in the world today.