NAICS Code 316990-17 - Leather Goods NEC (Manufacturing)
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NAICS Code 316990-17 Description (8-Digit)
Hierarchy Navigation for NAICS Code 316990-17
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Tools
Tools commonly used in the Leather Goods NEC (Manufacturing) industry for day-to-day tasks and operations.
- Leather cutting machine
- Sewing machine
- Leather skiving machine
- Leather embossing machine
- Leather edge finishing machine
- Leather splitting machine
- Leather stamping machine
- Leather hole punch
- Leather burnishing tool
- Leather dyeing tools
Industry Examples of Leather Goods NEC (Manufacturing)
Common products and services typical of NAICS Code 316990-17, illustrating the main business activities and contributions to the market.
- Leather wallets
- Leather belts
- Leather gloves
- Leather jackets
- Leather boots
- Leather backpacks
- Leather briefcases
- Leather watch straps
- Leather dog collars
- Leather phone cases
Certifications, Compliance and Licenses for NAICS Code 316990-17 - Leather Goods NEC (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).
- ISO 14001: This certification ensures that the company has an environmental 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 standards for workplace safety and health. Compliance with these standards is required for all businesses in the US.
- EPA Compliance: The Environmental Protection Agency (EPA) sets standards for environmental protection. Compliance with these standards is required for all businesses in the US.
- Fair Labor Standards Act (FLSA) Compliance: This act sets standards for minimum wage, overtime pay, and other labor protections. Compliance with these standards is required for all businesses in the US.
History
A concise historical narrative of NAICS Code 316990-17 covering global milestones and recent developments within the United States.
- The "Leather Goods NEC (Manufacturing)" industry has a long history dating back to ancient times when leather was used for clothing, footwear, and other goods. In the Middle Ages, leather goods became a symbol of wealth and status, and the industry grew rapidly. In the 19th century, the industrial revolution brought new technologies and production methods, leading to mass production of leather goods. In the 20th century, the industry continued to evolve, with the introduction of new materials and designs, and the rise of global trade. In recent years, the industry has faced challenges due to changing consumer preferences and increased competition from synthetic materials. In the United States, the leather goods industry has a rich history, with many iconic brands and products. In the early 20th century, American leather goods were known for their quality and craftsmanship, and the industry was a major employer. During World War II, the industry played a vital role in producing military equipment, such as boots and belts. In the post-war era, the industry continued to grow, with the rise of new fashion trends and the expansion of global markets. However, in recent years, the industry has faced challenges due to changing consumer preferences and increased competition from low-cost imports. Despite these challenges, the industry remains an important part of the US economy, with many innovative companies and skilled workers.
Future Outlook for Leather Goods NEC (Manufacturing)
The anticipated future trajectory of the NAICS 316990-17 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Leather Goods NEC (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 expected to contribute to the growth of the industry. Additionally, the industry is expected to benefit from the increasing popularity of e-commerce, which has made it easier for manufacturers to reach a wider audience. However, the industry may face challenges such as rising raw material costs and increasing competition from low-cost imports.
Industry Innovations for NAICS Code 316990-17
Recent groundbreaking advancements and milestones in the Leather Goods NEC (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: Manufacturers are increasingly using sustainable and eco-friendly materials to produce leather goods, reducing their environmental impact.
- Customization: Many manufacturers are offering customization options to customers, allowing them to personalize their leather goods according to their preferences.
- 3D Printing: Some manufacturers are using 3D printing technology to produce leather goods, which allows for greater precision and customization.
- Vegan Leather: With the rise of veganism, many manufacturers are now producing leather goods using vegan leather, which is made from synthetic materials and is cruelty-free.
NAICS Code 316990-17 - Leather Goods NEC (Manufacturing)
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