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NAICS Code 458210-03 Description (8-Digit)

The Shoe Laces (Retail) industry involves the sale of shoelaces to consumers through retail channels. Shoelaces are an essential component of footwear and come in a variety of materials, colors, and lengths to suit different types of shoes and personal preferences. This industry caters to a wide range of customers, including individuals, families, and businesses.

Hierarchy Navigation for NAICS Code 458210-03

Parent Code (less specific)

Tools

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

  • Shoelace measuring tool
  • Shoelace tying aid
  • Shoelace aglets (tips)
  • Shoelace clips
  • Shoelace hooks
  • Shoelace threader
  • Shoelace wax
  • Shoelace cleaner
  • Shoelace stretcher
  • Shoelace organizer

Industry Examples of Shoe Laces (Retail)

Common products and services typical of NAICS Code 458210-03, illustrating the main business activities and contributions to the market.

  • Athletic shoelaces
  • Dress shoelaces
  • Boot laces
  • Hiking shoelaces
  • Casual shoelaces
  • Leather shoelaces
  • Round shoelaces
  • Flat shoelaces
  • Waxed shoelaces
  • Colored shoelaces

Certifications, Compliance and Licenses for NAICS Code 458210-03 - Shoe Laces (Retail)

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

  • Consumer Product Safety Commission (CPSC) Certification: This certification is required for all consumer products sold in the US, including shoe laces. It ensures that the product meets safety standards set by the CPSC. The certification is issued by the CPSC.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for businesses that have employees and ensures that the workplace is safe and healthy. It is issued by OSHA.
  • National Association Of Professional Women (NAPW) Certification: This certification is not required but can be beneficial for women-owned businesses. It provides networking opportunities and resources for women in business. It is issued by the NAPW.
  • Better Business Bureau (BBB) Accreditation: This accreditation is not required but can be beneficial for businesses. It shows that the business is trustworthy and has a good reputation. It is issued by the BBB.

History

A concise historical narrative of NAICS Code 458210-03 covering global milestones and recent developments within the United States.

  • The history of the "Shoe Laces (Retail)" industry dates back to the early 19th century when shoemakers started using laces to fasten shoes. The first shoelaces were made of leather, but in the 20th century, cotton and synthetic materials became more popular. In the 1950s, the first automated shoelace-making machines were invented, which increased production and lowered costs. In recent years, the industry has seen a rise in eco-friendly and sustainable shoelaces made from recycled materials. In the United States, the industry has been impacted by the rise of online shopping and the decline of brick-and-mortar stores, leading to a shift in consumer behavior and a need for innovative marketing strategies.

Future Outlook for Shoe Laces (Retail)

The anticipated future trajectory of the NAICS 458210-03 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 Shoe Laces (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for customization and personalization of shoes. The rise of athleisure and sneaker culture has also contributed to the growth of the industry. Additionally, the increasing popularity of online shopping and the ease of purchasing shoe laces online is expected to boost the industry's growth. However, the industry may face challenges due to the increasing competition from low-cost imports and the shift towards sustainable and eco-friendly products. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 458210-03

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

  • Smart Laces: Smart laces are a recent innovation in the Shoe Laces (Retail) industry. These laces come with sensors that can track the wearer's activity and adjust the fit of the shoe accordingly.
  • Reflective Laces: Reflective laces are another recent innovation in the industry. These laces are designed to reflect light and increase visibility during low-light conditions, making them ideal for runners and cyclists.
  • Magnetic Laces: Magnetic laces are a convenient and easy-to-use alternative to traditional laces. These laces use magnets to fasten the shoe, eliminating the need for tying and untying laces.
  • Elastic Laces: Elastic laces are designed to provide a comfortable and secure fit. These laces are ideal for people with mobility issues or those who have difficulty tying traditional laces.
  • Customizable Laces: Customizable laces are a recent trend in the industry. These laces come in a variety of colors and designs, allowing customers to personalize their shoes and express their individuality.

NAICS Code 458210-03 - Shoe Laces (Retail)

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