NAICS Code 323111-51 - Gift Certificates-Preprinted (Manufacturing)
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NAICS Code 323111-51 Description (8-Digit)
Hierarchy Navigation for NAICS Code 323111-51
Parent Code (less specific)
Tools
Tools commonly used in the Gift Certificates-Preprinted (Manufacturing) industry for day-to-day tasks and operations.
- Digital printing presses
- Offset printing presses
- Die-cutting machines
- Foil stamping machines
- Embossing machines
- Laminating machines
- UV coating machines
- Folding machines
- Perforating machines
- Numbering machines
Industry Examples of Gift Certificates-Preprinted (Manufacturing)
Common products and services typical of NAICS Code 323111-51, illustrating the main business activities and contributions to the market.
- Restaurant gift certificates
- Retail store gift certificates
- Spa gift certificates
- Hotel gift certificates
- Movie theater gift certificates
- Amusement park gift certificates
- Online retailer gift certificates
- Gas station gift cards
- Department store gift cards
- Prepaid debit cards
Certifications, Compliance and Licenses for NAICS Code 323111-51 - Gift Certificates-Preprinted (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Forest Stewardship Council (FSC) Certification: The FSC certification ensures that the paper used in the manufacturing of gift certificates is sourced from responsibly managed forests. The certification is provided by the Forest Stewardship Council.
- Sustainable Forestry Initiative (SFI) Certification: The SFI certification ensures that the paper used in the manufacturing of gift certificates is sourced from responsible and sustainable forestry practices. The certification is provided by the Sustainable Forestry Initiative.
- ISO 9001 Certification: The ISO 9001 certification ensures that the manufacturing process of gift certificates meets international quality standards. The certification is provided by the International Organization for Standardization.
- ISO 14001 Certification: The ISO 14001 certification ensures that the manufacturing process of gift certificates meets international environmental standards. The certification is provided by the International Organization for Standardization.
- UL Certification: The UL certification ensures that the gift certificates meet safety and quality standards. The certification is provided by Underwriters Laboratories.
History
A concise historical narrative of NAICS Code 323111-51 covering global milestones and recent developments within the United States.
- The preprinted gift certificate industry has been around for decades, with the first gift certificates being introduced in the early 1900s. However, it wasn't until the 1980s that gift certificates became a popular gift option. In the United States, the industry saw a significant boost in the 1990s with the rise of shopping malls and the convenience of gift certificates. In recent years, the industry has seen a shift towards digital gift cards, with many retailers offering e-gift cards that can be purchased and redeemed online. This shift has been driven by the increasing popularity of online shopping and the convenience of digital gift cards.
Future Outlook for Gift Certificates-Preprinted (Manufacturing)
The anticipated future trajectory of the NAICS 323111-51 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 Gift Certificates-Preprinted (Manufacturing) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for gift certificates from various industries such as retail, hospitality, and e-commerce. The rise of e-commerce has also contributed to the growth of the industry as more businesses are offering gift certificates online. Additionally, the industry is expected to benefit from the increasing popularity of gift cards as a preferred gift option. The industry is also expected to benefit from the increasing trend of personalization, as more businesses are offering customized gift certificates to their customers. Overall, the industry is expected to experience steady growth in the coming years.
Industry Innovations for NAICS Code 323111-51
Recent groundbreaking advancements and milestones in the Gift Certificates-Preprinted (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Digital Printing Technology: The industry has benefited from the advancements in digital printing technology, which has made it easier and more cost-effective to produce gift certificates in small quantities and with customized designs.
- Eco-Friendly Materials: Many businesses are now opting for eco-friendly materials for their gift certificates, such as recycled paper and soy-based inks, to appeal to environmentally conscious consumers.
- Mobile Gift Certificates: The rise of mobile technology has led to the development of mobile gift certificates, which can be purchased and redeemed through mobile devices.
- Personalized Gift Certificates: Many businesses are now offering personalized gift certificates, which can be customized with the recipient's name, message, and even photo.
- Integration with Loyalty Programs: Some businesses are integrating their gift certificate programs with their loyalty programs, allowing customers to earn rewards points when they purchase gift certificates.
NAICS Code 323111-51 - Gift Certificates-Preprinted (Manufacturing)
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