NAICS Code 314999-11 - Knit Goods-Trimmings (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 314999-11 Description (8-Digit)

Knit Goods-Trimmings (Manufacturing) is a subdivision of the NAICS Code 314999 that involves the production of various textile products made from knitting techniques. This industry is responsible for manufacturing a wide range of knit goods that are used as trimmings in various products. Knit Goods-Trimmings (Manufacturing) includes the production of knitted fabrics, ribbons, tapes, cords, braids, and other similar products. These products are used in a variety of industries, including apparel, automotive, home furnishings, and more.

Hierarchy Navigation for NAICS Code 314999-11

Tools

Tools commonly used in the Knit Goods-Trimmings (Manufacturing) industry for day-to-day tasks and operations.

  • Knitting machines
  • Sewing machines
  • Cutting machines
  • Embroidery machines
  • Yarn winders
  • Yarn splicers
  • Needle looms
  • Warping machines
  • Beaming machines
  • Dyeing machines
  • Printing machines
  • Finishing machines
  • Inspection machines
  • Packing machines
  • Labeling machines
  • Computer-aided design (CAD) software
  • Computer-aided manufacturing (CAM) software
  • Inventory management software
  • Quality control software

Industry Examples of Knit Goods-Trimmings (Manufacturing)

Common products and services typical of NAICS Code 314999-11, illustrating the main business activities and contributions to the market.

  • Knitted ribbons
  • Knitted cords
  • Knitted tapes
  • Knitted braids
  • Knitted fabrics
  • Knitted trims
  • Knitted edgings
  • Knitted bindings
  • Knitted piping
  • Knitted elastic bands
  • Knitted drawstrings
  • Knitted laces
  • Knitted fringes
  • Knitted tassels
  • Knitted pom-poms
  • Knitted appliques
  • Knitted patches
  • Knitted labels
  • Knitted badges

Certifications, Compliance and Licenses for NAICS Code 314999-11 - Knit Goods-Trimmings (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 products are free from harmful substances and are safe for human use. It is provided by the International Association for Research and Testing in the Field of Textile Ecology.
  • Global Organic Textile Standard (GOTS): This certification ensures that the products are made from organic fibers and meet environmental and social criteria. It is provided by the Global Organic Textile Standard International Working Group.
  • Fair Trade Certified: This certification ensures that the products are made under fair labor conditions and that the workers are paid a fair wage. It is provided by Fair Trade USA.
  • WRAP Certification: This certification ensures that the company is compliant with ethical and social standards in the workplace. It is provided by Worldwide Responsible Accredited Production.

History

A concise historical narrative of NAICS Code 314999-11 covering global milestones and recent developments within the United States.

  • The Knit Goods-Trimmings (Manufacturing) industry has a long history dating back to the early 19th century when knitting machines were first invented. The industry has since undergone significant changes, with the introduction of new technologies and materials. In the early days, the industry was dominated by small, family-owned businesses that produced knit goods and trimmings by hand. However, with the advent of new technologies, such as the knitting machine, production became more efficient, and the industry grew rapidly. In recent years, the industry has faced challenges due to increased competition from low-cost imports, but it has also benefited from new technologies that have made production more efficient and cost-effective. In the United States, the Knit Goods-Trimmings (Manufacturing) industry has a rich history that dates back to the early 20th century. During this time, the industry was dominated by small, family-owned businesses that produced knit goods and trimmings for the local market. However, with the advent of new technologies and the growth of the global economy, the industry has undergone significant changes. Today, the industry is characterized by large, multinational corporations that produce knit goods and trimmings for a global market. Despite these changes, the industry remains an important part of the US economy, providing jobs and contributing to economic growth.

Future Outlook for Knit Goods-Trimmings (Manufacturing)

The anticipated future trajectory of the NAICS 314999-11 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 Knit Goods-Trimmings (Manufacturing) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for knit goods and the growing popularity of athleisure wear. The rise of e-commerce has also made it easier for small businesses to enter the market and sell their products online. Additionally, the industry is expected to benefit from the increasing focus on sustainability and eco-friendliness, which has led to the development of new materials and production methods. However, the industry may face challenges due to the increasing competition from low-cost imports and the rising costs of raw materials and labor. Overall, the industry is expected to continue to grow and innovate in the coming years.

Industry Innovations for NAICS Code 314999-11

Recent groundbreaking advancements and milestones in the Knit Goods-Trimmings (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Textiles: Knit Goods-Trimmings (Manufacturing) companies are developing smart textiles that can monitor vital signs, track movement, and even charge electronic devices. These textiles are made with conductive fibers and can be used in a variety of applications, including sports and fitness wear, medical devices, and military uniforms.
  • Sustainable Materials: Many companies in the industry are focusing on developing sustainable materials, such as recycled polyester, organic cotton, and bamboo. These materials are eco-friendly and can help reduce the industry's environmental impact.
  • 3D Knitting: Some companies are using 3D knitting technology to create complex knit structures that were previously impossible to make. This technology allows for greater design flexibility and can help reduce waste and production time.
  • Customization: Many companies are offering customization options for their knit goods, allowing customers to choose the color, pattern, and design of their products. This trend is driven by the rise of e-commerce and the increasing demand for personalized products.
  • Collaboration: Some companies are collaborating with other industries, such as technology and fashion, to create innovative products. For example, a knit goods company may partner with a tech company to create smart textiles, or with a fashion designer to create a new line of clothing. These collaborations can help drive innovation and create new opportunities for growth.

NAICS Code 314999-11 - Knit Goods-Trimmings (Manufacturing)

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