NAICS Code 332431-03 - Pails (Manufacturing)
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NAICS Code 332431-03 Description (8-Digit)
Hierarchy Navigation for NAICS Code 332431-03
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Tools
Tools commonly used in the Pails (Manufacturing) industry for day-to-day tasks and operations.
- Sheet metal shears
- Metal stamping press
- Welding machine
- Coating machine
- Injection molding machine
- Blow molding machine
- Extrusion machine
- Cutting machine
- Forming machine
- Riveting machine
Industry Examples of Pails (Manufacturing)
Common products and services typical of NAICS Code 332431-03, illustrating the main business activities and contributions to the market.
- Paint pails
- Chemical pails
- Food-grade pails
- Lubricant pails
- Construction pails
- Agricultural pails
- Pharmaceutical pails
- Cosmetic pails
- Cleaning product pails
- Adhesive pails
Certifications, Compliance and Licenses for NAICS Code 332431-03 - Pails (Manufacturing)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ISO 9001:2015 Quality Management System: 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 29 CFR 1910.1200 Hazard Communication Standard: This standard requires employers to provide information to their employees about the hazardous chemicals they work with. It is provided by the Occupational Safety and Health Administration (OSHA).
- EPA Resource Conservation and Recovery Act (RCRA) Hazardous Waste Generator: This certification is required for companies that generate hazardous waste. It is provided by the Environmental Protection Agency (EPA).
- DOT Hazardous Materials Transportation: This certification is required for companies that transport hazardous materials. It is provided by the Department of Transportation (DOT).
- FDA Food Safety Modernization Act (FSMA): This act requires companies to have a food safety plan in place to prevent foodborne illness. It is provided by the Food and Drug Administration (FDA).
History
A concise historical narrative of NAICS Code 332431-03 covering global milestones and recent developments within the United States.
- The pail manufacturing industry has a long history dating back to the early 19th century when wooden pails were the norm. The first metal pails were introduced in the late 1800s, and by the early 1900s, the industry had shifted to producing metal pails almost exclusively. In the mid-20th century, advancements in technology led to the development of new materials such as plastic, which began to replace metal pails in some applications. In recent years, the industry has seen a resurgence in demand for metal pails due to their durability and recyclability. In the United States, the industry has been impacted by fluctuations in the manufacturing sector, but has remained relatively stable overall.
Future Outlook for Pails (Manufacturing)
The anticipated future trajectory of the NAICS 332431-03 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 Pails (Manufacturing) industry in the USA is expected to experience steady growth in the coming years. The demand for pails is driven by the growth of various end-use industries such as chemicals, paints, and coatings, among others. The increasing demand for eco-friendly and sustainable packaging solutions is also expected to drive the growth of the industry. However, the industry is expected to face challenges such as rising raw material costs and increasing competition from alternative packaging solutions. Overall, the industry is expected to grow at a moderate pace in the coming years.
Industry Innovations for NAICS Code 332431-03
Recent groundbreaking advancements and milestones in the Pails (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Pails: These pails are equipped with sensors that can detect the level of the product inside and provide real-time data to the user. This helps in better inventory management and reduces the risk of stockouts.
- Lightweight Pails: Manufacturers are developing pails that are lighter in weight but still offer the same level of strength and durability. This helps in reducing transportation costs and makes the pails more eco-friendly.
- Tamper-Evident Pails: These pails come with a tamper-evident seal that provides an extra layer of security to the product inside. This is particularly useful in industries such as pharmaceuticals and food, where product safety is of utmost importance.
- Recyclable Pails: Manufacturers are focusing on developing pails that are 100% recyclable and can be reused multiple times. This helps in reducing the environmental impact of the industry.
- Customized Pails: Manufacturers are offering customized pails that are tailored to the specific needs of the customer. This helps in improving customer satisfaction and loyalty.
NAICS Code 332431-03 - Pails (Manufacturing)
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