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NAICS Code 424340-01 Description (8-Digit)

Boots (Wholesale) is a subdivision of the Footwear Merchant Wholesalers industry that specializes in the distribution of boots to retailers and other businesses. This industry involves the wholesale of a variety of boots, including work boots, fashion boots, hiking boots, and more. Companies in this industry typically purchase boots from manufacturers and then sell them in bulk to retailers or other businesses.

Hierarchy Navigation for NAICS Code 424340-01

Parent Code (less specific)

Tools

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

  • Boot sizing charts
  • Boot stretchers
  • Boot brushes
  • Boot polish
  • Boot trees
  • Boot jacks
  • Boot scrapers
  • Boot dryers
  • Boot laces
  • Boot waterproofing spray

Industry Examples of Boots (Wholesale)

Common products and services typical of NAICS Code 424340-01, illustrating the main business activities and contributions to the market.

  • Work boots
  • Fashion boots
  • Hiking boots
  • Cowboy boots
  • Snow boots
  • Combat boots
  • Motorcycle boots
  • Rain boots
  • Military boots
  • Steel-toe boots

Certifications, Compliance and Licenses for NAICS Code 424340-01 - Boots (Wholesale)

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

  • National Shoe Retailers Association Certification: This certification is for individuals who work in the footwear industry and covers topics such as customer service, sales, and product knowledge. The certification is provided by the National Shoe Retailers Association.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for workers who handle hazardous materials or operate heavy machinery. It covers topics such as workplace safety, hazard communication, and personal protective equipment. The certification is provided by the Occupational Safety and Health Administration.
  • International Organization for Standardization (ISO) 9001 Certification: This certification is for companies that have a quality management system in place. It covers topics such as customer satisfaction, continuous improvement, and process management. The certification is provided by the International Organization for Standardization.
  • United States Department Of Agriculture (USDA) Organic Certification: This certification is for companies that produce or handle organic products. It covers topics such as soil and water quality, pest management, and labeling requirements. The certification is provided by the United States Department of Agriculture.
  • National Association Of Chemical Distributors (NACD) Responsible Distribution Certification: This certification is for companies that distribute chemicals. It covers topics such as product stewardship, regulatory compliance, and emergency response. The certification is provided by the National Association of Chemical Distributors.

History

A concise historical narrative of NAICS Code 424340-01 covering global milestones and recent developments within the United States.

  • The "Boots (Wholesale)" industry has a long and rich history dating back to the 19th century. During the American Civil War, boots were in high demand, and the industry saw significant growth. In the early 1900s, advancements in technology allowed for the mass production of boots, leading to increased availability and affordability. During World War II, the industry experienced another boom as the military required large quantities of boots for soldiers. In recent history, the industry has seen a rise in demand for work boots due to the growth of the construction and manufacturing industries. Additionally, fashion trends have led to an increase in demand for stylish boots, particularly among women. In the United States, the "Boots (Wholesale)" industry has seen steady growth in recent years. According to Statista, the industry generated approximately $2.5 billion in revenue in 2020. The COVID-19 pandemic has had a mixed impact on the industry, with a decrease in demand for fashion boots due to the closure of physical retail stores, but an increase in demand for work boots due to the growth of e-commerce and the need for essential workers to have proper footwear. Overall, the industry has adapted to changing consumer needs and technological advancements, positioning itself for continued growth in the future.

Future Outlook for Boots (Wholesale)

The anticipated future trajectory of the NAICS 424340-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Boots (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for boots in various sectors such as construction, mining, and agriculture. The rise in e-commerce platforms has also contributed to the growth of the industry as it has made it easier for wholesalers to reach a wider audience. The industry is also expected to benefit from the increasing trend of fashion-conscious consumers who are willing to pay a premium for high-quality boots. However, the industry may face challenges such as rising competition from low-cost imports and the increasing popularity of sneakers and other types of footwear. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424340-01

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

  • Smart Boots: These boots are equipped with sensors that can detect changes in temperature, pressure, and humidity. They are used in various industries such as construction, mining, and oil and gas to monitor the safety of workers.
  • Sustainable Boots: Many companies are now producing boots made from sustainable materials such as recycled rubber and plastic. These boots are eco-friendly and appeal to consumers who are environmentally conscious.
  • Customizable Boots: Some companies are now offering customizable boots that can be tailored to the specific needs of the customer. This allows customers to choose the color, size, and style of the boots they want.
  • Waterproof Boots: Many companies are now producing boots that are waterproof and can be used in wet conditions. These boots are popular in industries such as agriculture and fishing.
  • Anti-Fatigue Boots: These boots are designed to reduce fatigue and improve comfort for workers who spend long hours on their feet. They are popular in industries such as construction and manufacturing.

NAICS Code 424340-01 - Boots (Wholesale)

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