NAICS Code 314120-04 - Closet Accessories (Manufacturing)

Marketing Level - NAICS 8-Digit

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Total Companies

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NAICS Code 314120-04 Description (8-Digit)

Closet Accessories Manufacturing involves the production of various items that are used to organize and enhance the functionality of closets. These accessories are designed to maximize the use of space and make it easier to store and access clothing, shoes, and other personal items. The industry includes the manufacturing of closet rods, hangers, shelves, drawers, and other storage solutions.

Hierarchy Navigation for NAICS Code 314120-04

Parent Code (less specific)

Tools

Tools commonly used in the Closet Accessories (Manufacturing) industry for day-to-day tasks and operations.

  • CNC machines
  • Laser cutting machines
  • Injection molding machines
  • Press brakes
  • Punch presses
  • Welding equipment
  • Powder coating equipment
  • Riveting machines
  • Assembly line equipment
  • Hand tools (e.g. screwdrivers, pliers, wrenches)

Industry Examples of Closet Accessories (Manufacturing)

Common products and services typical of NAICS Code 314120-04, illustrating the main business activities and contributions to the market.

  • Closet organizers
  • Shoe racks
  • Tie racks
  • Belt racks
  • Drawer dividers
  • Shelf dividers
  • Hanging organizers
  • Valet rods
  • Pull-out baskets
  • Jewelry trays

Certifications, Compliance and Licenses for NAICS Code 314120-04 - Closet Accessories (Manufacturing)

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

  • ANSI/BIFMA E3 Furniture Sustainability Standard: This certification is required for manufacturers of sustainable furniture and ensures that the furniture is environmentally friendly, socially responsible, and economically viable. The certification is provided by the Business and Institutional Furniture Manufacturers Association (BIFMA).
  • Forest Stewardship Council (FSC) Certification: This certification is required for manufacturers of wood products and ensures that the wood used in the products is sourced from responsibly managed forests. The certification is provided by the Forest Stewardship Council.
  • Greenguard Certification: This certification is required for manufacturers of low-emitting products and ensures that the products have low chemical emissions, which improves indoor air quality. The certification is provided by UL Environment.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for manufacturers to ensure that they comply with OSHA regulations and provide a safe working environment for their employees. The certification is provided by the Occupational Safety and Health Administration.
  • Underwriters Laboratories (UL) Certification: This certification is required for manufacturers of electrical products and ensures that the products meet safety standards. The certification is provided by Underwriters Laboratories.

History

A concise historical narrative of NAICS Code 314120-04 covering global milestones and recent developments within the United States.

  • The Closet Accessories (Manufacturing) industry has a long history dating back to the early 20th century when the first closet accessories were invented. The first closet accessories were simple hooks and hangers, but over time, the industry has grown to include a wide range of products such as shelves, drawers, and organizers. In recent years, the industry has seen significant growth due to the increasing demand for home organization products. In the United States, the industry has experienced steady growth over the past decade, with a focus on innovation and sustainability. For example, many companies are now using eco-friendly materials in their products, such as bamboo and recycled plastic. Additionally, there has been a trend towards customization, with many companies offering personalized closet design services to meet the unique needs of their customers.

Future Outlook for Closet Accessories (Manufacturing)

The anticipated future trajectory of the NAICS 314120-04 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 Closet Accessories Manufacturing industry in the USA is positive. The industry is expected to grow due to the increasing demand for customized closets and storage solutions. The rise in the number of residential and commercial construction projects is also expected to drive the growth of the industry. Additionally, the increasing awareness about the benefits of organized living spaces is expected to boost the demand for closet accessories. The industry is also expected to benefit from the growing trend of smart homes, which is driving the demand for smart closet accessories. However, the industry may face challenges such as rising raw material costs and increasing competition from imports.

Industry Innovations for NAICS Code 314120-04

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

  • Smart Closet Accessories: With the growing trend of smart homes, the demand for smart closet accessories is increasing. These accessories can be controlled through a smartphone app and can help users organize their closets more efficiently.
  • Customized Closet Solutions: The demand for customized closet solutions is increasing as consumers look for more personalized storage options. Manufacturers are offering a wide range of customization options, including different colors, materials, and finishes.
  • Sustainable Materials: Manufacturers are increasingly using sustainable materials such as bamboo, recycled plastic, and reclaimed wood to make closet accessories. This is in response to the growing demand for eco-friendly products.
  • Modular Closet Systems: Modular closet systems are becoming increasingly popular as they offer flexibility and can be easily customized to fit different spaces. These systems are also easy to install and can be reconfigured as needed.
  • LED Lighting: LED lighting is being used in closet accessories to provide better visibility and make it easier to find items. These lights are energy-efficient and can be controlled through a smartphone app.

NAICS Code 314120-04 - Closet Accessories (Manufacturing)

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