NAICS Code 316990-12 - Leather Goods (Manufacturing)

Marketing Level - NAICS 8-Digit

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Total Companies

87

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NAICS Code 316990-12 Description (8-Digit)

Leather Goods (Manufacturing) is a subdivision of the Other Leather and Allied Product Manufacturing industry. This industry involves the production of leather goods such as belts, wallets, bags, and other accessories. The manufacturing process includes cutting, stitching, and finishing of leather products. The leather used in this industry can be sourced from various animals such as cows, goats, and sheep. The final products are sold to retailers or directly to consumers.

Hierarchy Navigation for NAICS Code 316990-12

Tools

Tools commonly used in the Leather Goods (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 stamping tools
  • Leather hole punch
  • Leather dyeing tools
  • Leather burnishing tools
  • Leather measuring tools

Industry Examples of Leather Goods (Manufacturing)

Common products and services typical of NAICS Code 316990-12, illustrating the main business activities and contributions to the market.

  • Leather belts
  • Leather wallets
  • Leather bags
  • Leather backpacks
  • Leather briefcases
  • Leather phone cases
  • Leather watch straps
  • Leather keychains
  • Leather passport holders
  • Leather notebook covers

Certifications, Compliance and Licenses for NAICS Code 316990-12 - Leather Goods (Manufacturing)

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

  • Leather Working Group Certification: The Leather Working Group (LWG) Certification is a globally recognized certification that assesses the environmental compliance and performance capabilities of leather manufacturers. The certification is awarded to leather manufacturers that meet the LWG's environmental standards and demonstrate a commitment to sustainable leather production. The certification is relevant to the Leather Goods (Manufacturing) industry as it ensures that the leather used in the production of leather goods is environmentally sustainable.
  • Occupational Safety and Health Administration (OSHA) Certification: The OSHA Certification is a certification that ensures that a company is compliant with OSHA's safety and health regulations. The certification is relevant to the Leather Goods (Manufacturing) industry as it ensures that the manufacturing process is safe for workers.
  • International Organization for Standardization (ISO) 9001 Certification: The ISO 9001 Certification is a certification that ensures that a company has a quality management system in place that meets international standards. The certification is relevant to the Leather Goods (Manufacturing) industry as it ensures that the manufacturing process is of high quality.
  • Forest Stewardship Council (FSC) Certification: The FSC Certification is a certification that ensures that a company's wood products are sourced from responsibly managed forests. The certification is relevant to the Leather Goods (Manufacturing) industry as it ensures that the wood used in the production of leather goods is environmentally sustainable.
  • Global Organic Textile Standard (GOTS) Certification: The GOTS Certification is a certification that ensures that a company's textile products are made from organic fibers and meet environmental and social criteria. The certification is relevant to the Leather Goods (Manufacturing) industry as it ensures that the textile used in the production of leather goods is environmentally sustainable.

History

A concise historical narrative of NAICS Code 316990-12 covering global milestones and recent developments within the United States.

  • The Leather Goods (Manufacturing) industry has a long history dating back to ancient times. The ancient Egyptians, Greeks, and Romans all used leather for clothing, footwear, and accessories. In the Middle Ages, leather goods became a symbol of wealth and status, with nobles and royalty using them to display their wealth. In the 19th century, the Industrial Revolution brought about mass production of leather goods, making them more affordable and accessible to the general public. In recent history, the industry has seen a shift towards sustainable and ethical production methods, with many companies using eco-friendly materials and fair labor practices. In the United States, the Leather Goods (Manufacturing) industry has a rich history dating back to the colonial era. The first tannery in America was established in 1638 in Massachusetts, and by the 19th century, the country was a major producer of leather goods. In the 20th century, the industry faced challenges from synthetic materials and foreign competition, but it has remained a significant contributor to the US economy. Today, the industry is adapting to changing consumer preferences, with a focus on customization, personalization, and sustainability.

Future Outlook for Leather Goods (Manufacturing)

The anticipated future trajectory of the NAICS 316990-12 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) industry in the USA is positive. The industry is expected to grow due to the increasing demand for leather goods such as wallets, belts, and bags. The rise in disposable income and changing fashion trends are also contributing to the growth of the industry. The industry is also expected to benefit from the increasing popularity of e-commerce, which is making it easier for manufacturers to reach a wider audience. However, the industry may face challenges due to the increasing competition from low-cost imports and the rising cost of raw materials. Overall, the industry is expected to continue growing in the coming years.

Industry Innovations for NAICS Code 316990-12

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

  • Smart Wallets: These wallets come with features such as GPS tracking, RFID blocking, and Bluetooth connectivity, making them more secure and convenient for users.
  • Sustainable Leather: Many manufacturers are now using sustainable and eco-friendly materials to produce leather goods, reducing the environmental impact of the industry.
  • Customization: Some manufacturers are offering customization options to customers, allowing them to personalize their leather goods according to their preferences.
  • 3D Printing: The use of 3D printing technology is allowing manufacturers to create complex and intricate designs for leather goods, making them more unique and attractive to customers.
  • Vegan Leather: With the increasing demand for cruelty-free products, many manufacturers are now producing leather goods using vegan leather, which is made from synthetic materials.
  • Smart Luggage: Similar to smart wallets, smart luggage comes with features such as GPS tracking, Bluetooth connectivity, and built-in chargers, making it more convenient for travelers.
  • Augmented Reality: Some manufacturers are using augmented reality technology to allow customers to try on and visualize leather goods before making a purchase.
  • Anti-Theft Backpacks: These backpacks come with features such as slash-proof fabric, lockable zippers, and hidden pockets, making them more secure for users.
  • Wireless Charging Wallets: Some manufacturers are now producing wallets with built-in wireless chargers, allowing users to charge their phones on the go.
  • Biodegradable Leather: A few manufacturers are experimenting with biodegradable leather, which can decompose naturally without harming the environment.

NAICS Code 316990-12 - Leather Goods (Manufacturing)

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