NAICS Code 326299-01 - Balloons-Novelty & Toy (Manufacturing)
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NAICS Code 326299-01 Description (8-Digit)
Hierarchy Navigation for NAICS Code 326299-01
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Tools
Tools commonly used in the Balloons-Novelty & Toy (Manufacturing) industry for day-to-day tasks and operations.
- Balloon molding machine
- Balloon shaping machine
- Printing press
- Air compressor
- Heat sealer
- Cutting machine
- Inflator
- Balloon tying tool
- Balloon sizer
- Balloon weight
Industry Examples of Balloons-Novelty & Toy (Manufacturing)
Common products and services typical of NAICS Code 326299-01, illustrating the main business activities and contributions to the market.
- Party balloons
- Advertising balloons
- Promotional balloons
- Balloon animals
- Balloon bouquets
- Balloon sculptures
- Balloon decorations
- Balloon hats
- Balloon centerpieces
- Balloon arches
Certifications, Compliance and Licenses for NAICS Code 326299-01 - Balloons-Novelty & Toy (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ASTM F963: This certification is required for toys and children's products to ensure that they meet safety standards. The American Society for Testing and Materials (ASTM) provides this certification.
- CPSC: The Consumer Product Safety Commission (CPSC) regulates the safety of consumer products, including toys. Manufacturers of toys must comply with CPSC regulations.
- FCC: The Federal Communications Commission (FCC) regulates electronic devices, including toys that have electronic components. Manufacturers of these toys must comply with FCC regulations.
- UL 696: This certification is required for balloons to ensure that they meet safety standards. Underwriters Laboratories (UL) provides this certification.
- ISO 8124: This certification is an international standard for toy safety. Manufacturers of toys can obtain this certification to demonstrate compliance with safety standards.
History
A concise historical narrative of NAICS Code 326299-01 covering global milestones and recent developments within the United States.
- The "Balloons-Novelty & Toy (Manufacturing)" industry has a long history dating back to ancient civilizations, where animal bladders were used to create balloons for entertainment purposes. In the 19th century, rubber balloons were invented and became popular toys for children. In the 20th century, the industry expanded to include novelty balloons in various shapes and sizes, as well as licensed character balloons. In recent years, the industry has seen advancements in technology, such as the use of foil and mylar materials for balloons, and the development of LED light-up balloons. In the United States, the industry has also faced challenges such as safety concerns over balloon releases and environmental issues related to balloon waste. However, the industry has adapted by promoting eco-friendly balloon options and developing new products such as balloon garlands and arches for events and parties.
Future Outlook for Balloons-Novelty & Toy (Manufacturing)
The anticipated future trajectory of the NAICS 326299-01 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 Balloons-Novelty & Toy (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for balloons and toys for various occasions such as birthdays, weddings, and festivals. The rise in disposable income and the growing popularity of social media platforms are also expected to drive the growth of the industry. Additionally, the industry is expected to benefit from the increasing trend of customization and personalization of balloons and toys. However, the industry may face challenges such as the increasing competition from low-cost imports and the rising concerns over the environmental impact of balloons. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 326299-01
Recent groundbreaking advancements and milestones in the Balloons-Novelty & Toy (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Biodegradable Balloons: With the increasing concerns over the environmental impact of balloons, manufacturers are developing biodegradable balloons that decompose quickly and do not harm the environment.
- Personalized Balloons: Manufacturers are offering personalized balloons that can be customized with names, messages, and images, making them popular for various occasions such as birthdays, weddings, and corporate events.
- LED Balloons: LED balloons are becoming popular for parties and events as they can light up the room and create a festive atmosphere.
- Interactive Toys: Manufacturers are developing interactive toys that can respond to voice commands and movements, making them more engaging and entertaining for children.
- Augmented Reality Toys: Manufacturers are incorporating augmented reality technology into toys, creating an immersive and interactive experience for children.
NAICS Code 326299-01 - Balloons-Novelty & Toy (Manufacturing)
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