NAICS Code 316990-11 - Leather Goods (Manufacturing)' Supplies (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 316990-11 Description (8-Digit)

Leather Goods (Manufacturing) Supplies (Manufacturing) is a subdivision of the NAICS Code 316990 that involves the production of various leather goods supplies. This industry is responsible for manufacturing a wide range of products that are used in the production of leather goods, such as belts, wallets, and bags. The leather goods supplies produced by this industry are used by manufacturers of leather goods to create high-quality products that are both durable and aesthetically pleasing.

Hierarchy Navigation for NAICS Code 316990-11

Tools

Tools commonly used in the Leather Goods (Manufacturing)' Supplies (Manufacturing) industry for day-to-day tasks and operations.

  • Leather cutting machine
  • Leather skiving machine
  • Leather sewing machine
  • Leather embossing machine
  • Leather edge finishing machine
  • Leather splitting machine
  • Leather stamping machine
  • Leather punching machine
  • Leather dyeing machine
  • Leather buffing machine
  • Leather measuring tools (ruler, caliper)
  • Leather knives (paring knife, round knife)
  • Leather awl
  • Leather needles
  • Leather thread
  • Leather glue
  • Leather conditioner
  • Leather finishing products (dye, wax, oil)

Industry Examples of Leather Goods (Manufacturing)' Supplies (Manufacturing)

Common products and services typical of NAICS Code 316990-11, illustrating the main business activities and contributions to the market.

  • Belt buckles
  • Bag handles
  • Zippers
  • Snaps
  • Rivets
  • Eyelets
  • D-rings
  • Strap adjusters
  • Magnetic closures
  • Bag feet
  • Purse frames
  • Tassels
  • Fringe
  • Decorative conchos
  • Leather lacing
  • Leather cord
  • Leather strips
  • Leather patches
  • Leather labels

Certifications, Compliance and Licenses for NAICS Code 316990-11 - Leather Goods (Manufacturing)' Supplies (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).
  • OSHA Compliance: The Occupational Safety and Health Administration (OSHA) sets and enforces safety standards in the workplace. Compliance with OSHA regulations is mandatory for all businesses in the US.
  • EPA Compliance: The Environmental Protection Agency (EPA) sets and enforces environmental regulations in the US. Compliance with EPA regulations is mandatory for all businesses that produce or handle hazardous waste.
  • UL Certification: UL is a global safety certification company that provides safety testing, inspection, and certification services. UL certification ensures that a product meets safety standards and is safe for use.
  • REACH Compliance: REACH is a regulation of the European Union that addresses the production and use of chemical substances. Compliance with REACH regulations is mandatory for all businesses that produce or import chemical substances in the EU.

History

A concise historical narrative of NAICS Code 316990-11 covering global milestones and recent developments within the United States.

  • The Leather Goods (Manufacturing)' Supplies (Manufacturing) industry has a long and rich history dating back to ancient times. The ancient Egyptians, Greeks, and Romans all used leather to make clothing, footwear, and other goods. In the Middle Ages, leather was used to make armor, saddles, and other military equipment. The Industrial Revolution brought about significant changes in the industry, with the introduction of new machinery and production methods. In the United States, the industry experienced significant growth in the late 19th and early 20th centuries, with the rise of mass production and the popularity of leather goods such as shoes, belts, and handbags. In recent years, the industry has faced challenges due to changing consumer preferences and increased competition from synthetic materials. Recent history in the United States has seen the Leather Goods (Manufacturing)' Supplies (Manufacturing) industry face a number of challenges. The rise of e-commerce has disrupted traditional retail channels, and consumers are increasingly looking for sustainable and ethically produced products. However, the industry has also seen opportunities for growth, particularly in the luxury goods market. Many consumers are willing to pay a premium for high-quality leather goods that are made in the USA. In addition, advances in technology have made it possible to produce leather goods more efficiently and sustainably than ever before.

Future Outlook for Leather Goods (Manufacturing)' Supplies (Manufacturing)

The anticipated future trajectory of the NAICS 316990-11 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 "Leather Goods (Manufacturing)' Supplies (Manufacturing)" industry in the USA is positive. The industry is expected to grow due to the increasing demand for leather goods and accessories. The rise in disposable income and changing fashion trends are driving the demand for leather goods. The industry is also expected to benefit from the growing e-commerce market, which is making it easier for consumers to purchase leather goods online. However, the industry may face challenges due to the increasing competition from low-cost imports. To remain competitive, companies in the industry will need to focus on innovation, quality, and customer service.

Industry Innovations for NAICS Code 316990-11

Recent groundbreaking advancements and milestones in the Leather Goods (Manufacturing)' Supplies (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • Sustainable Leather: Many companies in the "Leather Goods (Manufacturing)' Supplies (Manufacturing)" industry are now using sustainable leather to produce their products. This includes leather made from recycled materials, vegetable-tanned leather, and leather made from by-products of the food industry.
  • Smart Leather: Some companies are incorporating technology into their leather products. For example, there are now leather bags that can charge your phone wirelessly, and leather jackets that can adjust their temperature based on the wearer's body temperature.
  • Customization: Many companies are now offering customization options for their leather products. This allows customers to choose the color, style, and size of their leather goods.
  • Online Sales: The growth of e-commerce has made it easier for companies in the industry to sell their products online. Many companies now have their own online stores, and some are also selling their products through third-party e-commerce platforms.
  • Collaboration: Some companies in the industry are collaborating with other brands to create unique products. For example, there are now leather bags that are designed by fashion designers and produced by leather goods manufacturers.

NAICS Code 316990-11 - Leather Goods (Manufacturing)' Supplies (Manufacturing)

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