NAICS Code 316110-02 - Handbags (Manufacturing) Equipment & Supplies (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 316110-02 Description (8-Digit)

The Handbags (Manufacturing) Equipment & Supplies (Manufacturing) industry involves the production of equipment and supplies used in the manufacturing of handbags. This includes the creation of tools and machinery used in the production process, as well as the materials and components used to make handbags.

Hierarchy Navigation for NAICS Code 316110-02

Tools

Tools commonly used in the Handbags (Manufacturing) Equipment & Supplies (Manufacturing) industry for day-to-day tasks and operations.

  • Sewing machines
  • Cutting machines
  • Embossing machines
  • Riveting machines
  • Punching machines
  • Heat press machines
  • Gluing machines
  • Eyelet machines
  • Zipper machines
  • Leather skiving machines
  • Leather splitting machines
  • Leather edge painting machines
  • Leather measuring tools
  • Leather hole punchers
  • Leather scissors
  • Leather knives
  • Leather hammers
  • Leather needles
  • Leather thread

Industry Examples of Handbags (Manufacturing) Equipment & Supplies (Manufacturing)

Common products and services typical of NAICS Code 316110-02, illustrating the main business activities and contributions to the market.

  • Leather handbags
  • Canvas handbags
  • Tote bags
  • Clutches
  • Satchels
  • Backpacks
  • Messenger bags
  • Crossbody bags
  • Shoulder bags
  • Duffel bags
  • Briefcases
  • Wallets
  • Coin purses
  • Cardholders
  • Keychains

Certifications, Compliance and Licenses for NAICS Code 316110-02 - Handbags (Manufacturing) Equipment & Supplies (Manufacturing)

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

  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for all manufacturing industries in the US, including Handbags (Manufacturing) Equipment & Supplies (Manufacturing). It ensures that the workplace is safe and healthy for employees. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • Environmental Protection Agency (EPA) Certification: This certification is required for industries that produce hazardous waste, including Handbags (Manufacturing) Equipment & Supplies (Manufacturing). It ensures that the industry complies with environmental regulations and disposes of hazardous waste properly. The certification is provided by the Environmental Protection Agency (EPA).
  • National Fire Protection Association (NFPA) Certification: This certification is required for industries that handle flammable materials, including Handbags (Manufacturing) Equipment & Supplies (Manufacturing). It ensures that the industry complies with fire safety regulations and has proper fire prevention measures in place. The certification is provided by the National Fire Protection Association (NFPA).
  • International Organization for Standardization (ISO) Certification: This certification is not required by law, but it is highly recommended for industries that want to demonstrate their commitment to quality and customer satisfaction. The certification is provided by the International Organization for Standardization (ISO).
  • United States Patent and Trademark Office (USPTO) Certification: This certification is not required by law, but it is highly recommended for industries that want to protect their intellectual property, including Handbags (Manufacturing) Equipment & Supplies (Manufacturing). It ensures that the industry's patents and trademarks are registered and protected. The certification is provided by the United States Patent and Trademark Office (USPTO).

History

A concise historical narrative of NAICS Code 316110-02 covering global milestones and recent developments within the United States.

  • The handbag industry has a long and rich history dating back to ancient times. The first handbags were used by men and women in the form of pouches made from animal hides and were used to carry food, tools, and other essentials. In the 16th century, handbags became a fashion accessory for women in Europe, and the first handbag designer was H.J. Cave in 1841. In the 20th century, handbags became more accessible to the masses with the introduction of mass production techniques. In recent years, the industry has seen a shift towards sustainable and ethical production methods, with many brands using eco-friendly materials and fair labor practices. In the United States, the handbag industry has seen significant growth in recent years, with a market size of $11.8 billion in 2020. The industry has been driven by the increasing demand for luxury handbags, with brands such as Louis Vuitton, Gucci, and Chanel leading the market. The rise of e-commerce has also contributed to the growth of the industry, with many consumers opting to purchase handbags online. In addition, the industry has seen a shift towards sustainable and ethical production methods, with many brands using eco-friendly materials and fair labor practices. Overall, the handbag industry in the United States has a bright future ahead, with continued growth expected in the coming years.

Future Outlook for Handbags (Manufacturing) Equipment & Supplies (Manufacturing)

The anticipated future trajectory of the NAICS 316110-02 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 Handbags (Manufacturing) Equipment & Supplies (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for handbags and other fashion accessories. The rise of e-commerce has also made it easier for consumers to purchase handbags online, which has contributed to the growth of the industry. Additionally, the industry is expected to benefit from the increasing popularity of sustainable and eco-friendly products. However, the industry may face challenges due to the ongoing COVID-19 pandemic and the resulting economic uncertainty. Overall, the Handbags (Manufacturing) Equipment & Supplies (Manufacturing) industry is expected to continue growing in the coming years.

Industry Innovations for NAICS Code 316110-02

Recent groundbreaking advancements and milestones in the Handbags (Manufacturing) Equipment & Supplies (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Handbags: These handbags are equipped with technology that allows them to charge smartphones, track fitness, and even provide directions. They are becoming increasingly popular among consumers who want to stay connected while on the go.
  • Sustainable Materials: Many handbag manufacturers are now using sustainable materials such as recycled plastic, organic cotton, and vegan leather. This trend is driven by consumer demand for eco-friendly products.
  • 3D Printing: Some handbag manufacturers are using 3D printing technology to create unique and customizable designs. This technology allows for greater flexibility in design and can help reduce waste.
  • Smart Manufacturing: The use of automation and robotics in handbag manufacturing is increasing. This technology can help reduce costs and improve efficiency.
  • Customization: Many handbag manufacturers are now offering customization options, allowing consumers to design their own handbags. This trend is driven by the desire for unique and personalized products.

NAICS Code 316110-02 - Handbags (Manufacturing) Equipment & Supplies (Manufacturing)

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