NAICS Code 423850-61 - Shoes (Manufacturing) Supplies (Wholesale)
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NAICS Code 423850-61 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423850-61
Parent Code (less specific)
Tools
Tools commonly used in the Shoes (Manufacturing) Supplies (Wholesale) industry for day-to-day tasks and operations.
- Leather cutting machines
- Sewing machines
- Lasting machines
- Skiving machines
- Splitting machines
- Embossing machines
- Eyelet machines
- Adhesive dispensers
- Shoelace tipping machines
- Heat transfer machines
Industry Examples of Shoes (Manufacturing) Supplies (Wholesale)
Common products and services typical of NAICS Code 423850-61, illustrating the main business activities and contributions to the market.
- Leather hides
- Rubber soles
- Shoe laces
- Eyelets
- Adhesives
- Insoles
- Heel cups
- Shoe trees
- Shoe polish
- Shoe boxes
Certifications, Compliance and Licenses for NAICS Code 423850-61 - Shoes (Manufacturing) Supplies (Wholesale)
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 30-Hour General Industry Training: This certification is required for workers in the industry to ensure they have the necessary knowledge and skills to work safely. It is provided by the Occupational Safety and Health Administration (OSHA).
- Hazardous Materials Transportation Training: This certification is required for workers who handle hazardous materials to ensure they are aware of the risks and how to handle them safely. It is provided by the US Department of Transportation (DOT).
- National Association Of Chemical Distributors (NACD) Responsible Distribution: This certification ensures that the company has a responsible distribution program in place that meets industry standards. It is provided by the National Association of Chemical Distributors (NACD).
- National Fire Protection Association (NFPA) 704: This certification ensures that the company has a system in place to identify the hazards of materials stored or used in the workplace. It is provided by the National Fire Protection Association (NFPA).
History
A concise historical narrative of NAICS Code 423850-61 covering global milestones and recent developments within the United States.
- The Shoes (Manufacturing) Supplies (Wholesale) industry has a long history dating back to the early 20th century when the demand for shoes increased rapidly. The industry has seen significant advancements in technology, which have led to the development of new materials and manufacturing processes. In the United States, the industry has experienced a steady growth rate since the 1950s, with the rise of mass production and the introduction of new materials such as synthetic rubber and plastics. In recent years, the industry has faced challenges due to the increasing competition from low-cost imports, but it has also seen growth due to the rising demand for eco-friendly and sustainable materials.
Future Outlook for Shoes (Manufacturing) Supplies (Wholesale)
The anticipated future trajectory of the NAICS 423850-61 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 Shoes (Manufacturing) Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for shoes and footwear in the country. The rise in disposable income and changing fashion trends are also expected to contribute to the growth of the industry. The industry is also expected to benefit from the increasing popularity of online shopping, which has made it easier for wholesalers to reach a wider customer base. However, the industry may face challenges due to the increasing competition from low-cost imports and the rising cost of raw materials. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 423850-61
Recent groundbreaking advancements and milestones in the Shoes (Manufacturing) Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Sustainable Materials: Many companies in the Shoes (Manufacturing) Supplies (Wholesale) industry are now using sustainable materials such as recycled rubber, organic cotton, and hemp to produce shoes. This is in response to the growing demand for eco-friendly products among consumers.
- 3D Printing: Some companies are using 3D printing technology to produce shoes. This technology allows for greater customization and faster production times.
- Smart Shoes: Smart shoes with built-in sensors that track fitness data and provide real-time feedback are becoming increasingly popular. This technology is expected to become more widespread in the coming years.
- Augmented Reality: Some companies are using augmented reality technology to allow customers to try on shoes virtually before making a purchase. This technology is expected to become more common in the industry.
- Direct-To-Consumer Sales: Some companies are bypassing traditional retail channels and selling directly to consumers through their own websites. This allows them to offer lower prices and greater control over the customer experience.
NAICS Code 423850-61 - Shoes (Manufacturing) Supplies (Wholesale)
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