NAICS Code 316990-29 - Shoe Findings & Supplies (Manufacturing)
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NAICS Code 316990-29 Description (8-Digit)
Hierarchy Navigation for NAICS Code 316990-29
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Tools
Tools commonly used in the Shoe Findings & Supplies (Manufacturing) industry for day-to-day tasks and operations.
- Eyelet punch
- Leather scissors
- Skiving knife
- Lasting pliers
- Sewing awl
- Edge beveler
- Leather skiver
- Leather hole punch
- Leather edge slicker
- Leather stamping tools
Industry Examples of Shoe Findings & Supplies (Manufacturing)
Common products and services typical of NAICS Code 316990-29, illustrating the main business activities and contributions to the market.
- Shoelaces
- Eyelets
- Buckles
- Zippers
- Insoles
- Footbeds
- Heel cups
- Toe caps
- Shank boards
- Outsoles
Certifications, Compliance and Licenses for NAICS Code 316990-29 - Shoe Findings & Supplies (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
- OSHA Compliance: The Occupational Safety and Health Administration (OSHA) sets standards for workplace safety and health. Compliance with these standards is required for all businesses in the US.
- EPA Compliance: The Environmental Protection Agency (EPA) sets regulations for businesses to protect the environment. Compliance with these regulations is required for all businesses in the US.
- FDA Compliance: The Food and Drug Administration (FDA) regulates the safety and quality of food, drugs, medical devices, and other products. Compliance with FDA regulations is required for businesses that manufacture or sell these products.
- UL Certification: Underwriters Laboratories (UL) provides safety certifications for a wide range of products, including electrical equipment and components. UL certification is often required by customers or regulatory agencies.
History
A concise historical narrative of NAICS Code 316990-29 covering global milestones and recent developments within the United States.
- The "Shoe Findings & Supplies (Manufacturing)" industry has a long history dating back to the 19th century when the demand for shoes increased due to the growth of the population and urbanization. The industry started with the production of shoelaces, eyelets, and other small parts of shoes. In the early 20th century, the industry expanded to include the production of shoe soles, heels, and insoles. During World War II, the industry experienced a significant boost due to the high demand for military boots. In recent history, the industry has faced challenges due to the increasing competition from low-cost imports, but it has also benefited from technological advancements that have improved the efficiency of the manufacturing process. In the United States, the "Shoe Findings & Supplies (Manufacturing)" industry has a more recent history. In the 1960s and 1970s, the industry experienced significant growth due to the increasing demand for shoes and the expansion of the retail industry. However, in the 1980s and 1990s, the industry faced challenges due to the increasing competition from low-cost imports, which led to the closure of many domestic manufacturers. In recent years, the industry has benefited from the increasing demand for high-quality and customized shoes, which has created new opportunities for domestic manufacturers.
Future Outlook for Shoe Findings & Supplies (Manufacturing)
The anticipated future trajectory of the NAICS 316990-29 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Shoe Findings & Supplies (Manufacturing) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for shoes and other leather products. The rise in disposable income and changing fashion trends are also expected to drive the growth of the industry. Additionally, the increasing focus on sustainability and eco-friendliness is expected to create new opportunities for the industry. The industry is also expected to benefit from the growth of e-commerce, which has made it easier for manufacturers to reach a wider audience. However, the industry may face challenges such as rising raw material costs and increasing competition from low-cost imports. Overall, the industry is expected to continue to grow in the coming years, driven by changing consumer preferences and increasing demand for high-quality, sustainable products.
Industry Innovations for NAICS Code 316990-29
Recent groundbreaking advancements and milestones in the Shoe Findings & Supplies (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- 3D Printing Technology: The use of 3D printing technology has revolutionized the manufacturing process for shoe findings and supplies. This technology allows manufacturers to create complex designs and prototypes quickly and efficiently, reducing the time and cost of production.
- Sustainable Materials: Many manufacturers are now using sustainable materials such as recycled rubber and eco-friendly leather alternatives to create their products. This trend is driven by increasing consumer demand for environmentally friendly products.
- Smart Technology: Some manufacturers are incorporating smart technology into their products, such as sensors that can track the wearer's movements and provide feedback on their performance. This technology is expected to become more prevalent in the industry in the coming years.
- Customization: Many manufacturers are now offering customization options for their products, allowing customers to choose the color, style, and materials of their shoes and other leather products. This trend is driven by increasing demand for personalized products.
- Automation: The use of automation in the manufacturing process is becoming more prevalent in the industry, allowing manufacturers to increase efficiency and reduce costs. This trend is expected to continue in the coming years as manufacturers seek to remain competitive in a rapidly changing market.
NAICS Code 316990-29 - Shoe Findings & Supplies (Manufacturing)
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