NAICS Code 313240-05 - Knitting Mills NEC (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 313240-05 Description (8-Digit)

Knitting Mills NEC (Manufacturing) is a subdivision of the NAICS Code 313240 that involves the manufacturing of knit fabrics. This industry includes establishments that produce knit fabrics and fabric products, such as hosiery and socks, from yarns or fabrics. The products manufactured by Knitting Mills NEC (Manufacturing) are used in a variety of industries, including apparel, home furnishings, and industrial applications.

Hierarchy Navigation for NAICS Code 313240-05

Parent Code (less specific)

Tools

Tools commonly used in the Knitting Mills NEC (Manufacturing) industry for day-to-day tasks and operations.

  • Knitting machines
  • Circular knitting machines
  • Flat knitting machines
  • Warp knitting machines
  • Jacquard knitting machines
  • Knitting needles
  • Crochet hooks
  • Yarn winders
  • Yarn splicers
  • Yarn tensioners
  • Fabric inspection machines
  • Fabric cutting machines
  • Sewing machines
  • Embroidery machines
  • Dyeing machines
  • Finishing machines
  • Steamers
  • Pressing machines
  • Packaging machines

Industry Examples of Knitting Mills NEC (Manufacturing)

Common products and services typical of NAICS Code 313240-05, illustrating the main business activities and contributions to the market.

  • Knit hats
  • Sweaters
  • Leggings
  • Scarves
  • Tights
  • Underwear
  • Athletic wear
  • Medical compression stockings
  • Upholstery fabrics
  • Automotive fabrics

Certifications, Compliance and Licenses for NAICS Code 313240-05 - Knitting Mills NEC (Manufacturing)

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).
  • Oeko-Tex Standard 100: This certification ensures that the textiles produced by the company are free from harmful substances. It is provided by the International Association for Research and Testing in the Field of Textile Ecology (Oeko-Tex).
  • Global Organic Textile Standard (GOTS): This certification ensures that the textiles produced by the company are made from organic fibers and meet environmental and social criteria. It is provided by the Global Organic Textile Standard International Working Group (GOTS).
  • WRAP Certification: This certification ensures that the company's manufacturing processes are socially and environmentally responsible. It is provided by Worldwide Responsible Accredited Production (WRAP).
  • Fair Trade Certification: This certification ensures that the company's products are produced in a way that supports fair labor practices and environmental sustainability. It is provided by Fair Trade USA.

History

A concise historical narrative of NAICS Code 313240-05 covering global milestones and recent developments within the United States.

  • The Knitting Mills NEC (Manufacturing) industry has a long history dating back to the 16th century when knitting machines were invented. The industry has undergone significant changes since then, with the introduction of new technologies and materials. In the 19th century, the industry saw a significant increase in demand due to the production of woolen goods. During World War I, the industry experienced a boom as it was used to produce clothing for soldiers. In the 20th century, the industry continued to grow, with the introduction of synthetic fibers and the development of new knitting techniques. In recent years, the industry has faced challenges due to the increasing competition from low-cost imports and the shift towards sustainable and eco-friendly products. In the United States, the Knitting Mills NEC (Manufacturing) industry has a more recent history. The industry saw significant growth in the 1950s and 1960s due to the increasing demand for synthetic fibers. However, the industry faced challenges in the 1970s and 1980s due to the increasing competition from low-cost imports. In the 1990s, the industry saw a resurgence due to the increasing demand for high-quality, eco-friendly products. In recent years, the industry has faced challenges due to the increasing competition from low-cost imports and the shift towards sustainable and eco-friendly products.

Future Outlook for Knitting Mills NEC (Manufacturing)

The anticipated future trajectory of the NAICS 313240-05 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Shrinking

    The future outlook for the Knitting Mills NEC (Manufacturing) industry in the USA is positive. The industry is expected to grow at a steady pace due to the increasing demand for knitted fabrics in various applications such as clothing, home textiles, and industrial textiles. The industry is also expected to benefit from the growing trend of sustainable and eco-friendly textiles, which is driving the demand for organic and recycled fibers. However, the industry may face challenges such as rising competition from low-cost imports and the increasing popularity of non-knitted fabrics such as denim and leather. Overall, the industry is expected to continue to grow and innovate to meet the changing demands of consumers and the market.

Industry Innovations for NAICS Code 313240-05

Recent groundbreaking advancements and milestones in the Knitting Mills NEC (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Textiles: Knitting Mills NEC (Manufacturing) is increasingly adopting smart textiles, which are fabrics that can sense and respond to changes in the environment or the wearer's body. These textiles have applications in various industries such as healthcare, sports, and fashion.
  • Sustainable Fibers: The industry is adopting sustainable fibers such as organic cotton, bamboo, and recycled polyester to meet the growing demand for eco-friendly textiles. These fibers are produced using environmentally friendly processes and are biodegradable or recyclable.
  • 3D Knitting: Knitting Mills NEC (Manufacturing) is adopting 3D knitting technology, which allows for the production of complex and customized knitted fabrics. This technology is being used in various applications such as footwear, automotive, and aerospace.
  • Digital Printing: The industry is adopting digital printing technology, which allows for the production of high-quality and customized prints on knitted fabrics. This technology is being used in various applications such as fashion, home textiles, and automotive.
  • Circular Knitting: Knitting Mills NEC (Manufacturing) is adopting circular knitting technology, which allows for the production of seamless and stretchable knitted fabrics. This technology is being used in various applications such as sportswear, medical textiles, and automotive.

NAICS Code 313240-05 - Knitting Mills NEC (Manufacturing)

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