Tools commonly used in the Laces (Wholesale) industry for day-to-day tasks and operations.

• Lace cutting machine
• Lace embroidery machine
• Lace knitting machine
• Lace braiding machine
• Lace winding machine
• Lace dyeing machine
• Lace inspection machine
• Lace finishing machine
• Lace winding machine
• Lace twisting machine

Common products and services typical of NAICS Code 424310-17, illustrating the main business activities and contributions to the market.

• Bridal lace
• Crochet lace
• Embroidered lace
• Eyelet lace
• Guipure lace
• Knitted lace
• Lace trim
• Nylon lace
• Polyester lace
• Stretch lace

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Textile and Apparel Quality Management System Certification: This certification ensures that the products meet the quality standards set by the industry. It is provided by the International Organization for Standardization (ISO).
• Global Organic Textile Standard (GOTS): This certification ensures that the products are made from organic fibers and meet environmental and social criteria. It is provided by the Global Organic Textile Standard International Working Group.
• Fair Trade Certification: This certification ensures that the products are produced and traded in an ethical and sustainable manner. It is provided by Fair Trade USA.
• Oeko-Tex Standard 100: This certification ensures that the products are free from harmful substances and meet human-ecological requirements. It is provided by the International Association for Research and Testing in the Field of Textile Ecology.
• Forest Stewardship Council (FSC) Certification: This certification ensures that the products are made from responsibly sourced wood and meet environmental and social criteria. It is provided by the Forest Stewardship Council.

A concise historical narrative of NAICS Code 424310-17 covering global milestones and recent developments within the United States.

• The history of the Laces (Wholesale) industry dates back to the 16th century when lace-making became a popular craft in Europe. The industry grew rapidly in the 17th and 18th centuries, with the development of new lace-making techniques and the introduction of lace-making machines. In the 19th century, the industry expanded to the United States, where it became an important part of the textile industry. The lace industry continued to grow throughout the 20th century, with new materials and designs being introduced. In recent years, the industry has faced challenges due to the rise of synthetic materials and the decline of traditional textile manufacturing. In the United States, the Laces (Wholesale) industry has a long history dating back to the colonial era. The industry grew rapidly in the 19th century, with the development of new manufacturing techniques and the expansion of the textile industry. In the early 20th century, the industry faced challenges due to the Great Depression and the decline of the textile industry. However, the industry rebounded in the post-World War II era, with new materials and designs being introduced. In recent years, the industry has faced challenges due to the rise of synthetic materials and the decline of traditional textile manufacturing.

The anticipated future trajectory of the NAICS 424310-17 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Laces (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for laces in various applications such as clothing, home decor, and crafts. The rise of e-commerce platforms has also made it easier for wholesalers to reach a wider customer base, which is expected to contribute to the growth of the industry. Additionally, the industry is likely to benefit from the increasing trend of customization and personalization, as consumers seek unique and individualized products. However, the industry may face challenges such as rising competition from low-cost imports and fluctuations in raw material prices. Overall, the Laces (Wholesale) industry is expected to experience steady growth in the coming years.

Recent groundbreaking advancements and milestones in the Laces (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Smart Laces: Smart laces are a recent innovation in the Laces (Wholesale) industry that are designed to provide additional functionality. These laces are equipped with sensors that can track various metrics such as steps taken, calories burned, and distance traveled. They can also be connected to a smartphone app to provide real-time feedback and analysis. Smart laces are expected to appeal to consumers who are interested in fitness and health tracking.
• Sustainable Laces: Sustainable laces are another recent innovation in the Laces (Wholesale) industry that are designed to be environmentally friendly. These laces are made from recycled materials such as plastic bottles and are produced using sustainable manufacturing processes. Sustainable laces are expected to appeal to consumers who are concerned about the environmental impact of their purchases.
• Customizable Laces: Customizable laces are a recent innovation in the Laces (Wholesale) industry that allow consumers to create their own unique designs. These laces can be customized with different colors, patterns, and even text. Customizable laces are expected to appeal to consumers who are looking for personalized products.
• Anti-Slip Laces: Anti-slip laces are a recent innovation in the Laces (Wholesale) industry that are designed to provide additional safety. These laces are equipped with a special coating that prevents them from coming undone or slipping, which can reduce the risk of accidents. Anti-slip laces are expected to appeal to consumers who are looking for products that prioritize safety.
• Reflective Laces: Reflective laces are a recent innovation in the Laces (Wholesale) industry that are designed to provide additional visibility. These laces are equipped with reflective material that makes them visible in low-light conditions, which can improve safety. Reflective laces are expected to appeal to consumers who are looking for products that prioritize safety.