Shoe lace is a band that pulls the shoe together to hold it to the foot. A shoelace consists of two components: a tape that pulls the shoe tightly together and an aglet, the hardened taped end that fits through the eyelets on a shoe or boot. Shoe laces are also known as shoestrings or boot laces Shoe Laces also find application in garments (kids wear), shopping bags, office stationary, home decoration etc. However the consumption in these applications is negligible as compared to that in the footwear industry. Shoe laces are primarily made of Polyester, Cotton and Nylon. Polyester shoe laces dominate the market because of higher durability and better anti-slip properties. Cotton shoe laces are waxed to improve their performance and appearance.