NAICS Code 334610-06 - Compact Discs (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 334610-06 Description (8-Digit)

The Compact Discs (Manufacturing) industry involves the production of optical media discs that are used for storing digital data, such as music, videos, and software. The manufacturing process includes the creation of the disc itself, as well as the printing of labels and packaging. The industry has seen a decline in recent years due to the rise of digital downloads and streaming services, but it still remains a significant player in the entertainment and software industries.

Hierarchy Navigation for NAICS Code 334610-06

Tools

Tools commonly used in the Compact Discs (Manufacturing) industry for day-to-day tasks and operations.

  • Injection molding machines
  • Metal stamping machines
  • Laser cutting machines
  • Printing presses
  • Coating machines
  • Inspection equipment
  • Packaging machines
  • Labeling machines
  • Testing equipment
  • Cleaning machines

Industry Examples of Compact Discs (Manufacturing)

Common products and services typical of NAICS Code 334610-06, illustrating the main business activities and contributions to the market.

  • Music CDs
  • Movie DVDs
  • Video game discs
  • Software installation discs
  • Educational CDs
  • Language learning discs
  • Audiobooks on CD
  • Karaoke CDs
  • Data backup discs
  • Promotional discs

Certifications, Compliance and Licenses for NAICS Code 334610-06 - Compact Discs (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 Safety Certification: This certification ensures that the company has a safe working environment for its employees and meets the safety standards set by the Occupational Safety and Health Administration (OSHA).
  • FCC Certification: This certification ensures that the company's products meet the Federal Communications Commission (FCC) standards for electromagnetic interference.
  • CE Marking: This certification ensures that the company's products meet the European Union's health, safety, and environmental protection standards. It is provided by the European Union.

History

A concise historical narrative of NAICS Code 334610-06 covering global milestones and recent developments within the United States.

  • The Compact Disc (CD) was first introduced in 1982 and quickly became a popular medium for music and data storage. The CD was a significant advancement in the music industry, as it provided a higher quality sound than the previous vinyl records. In the 1990s, the CD-R (recordable) and CD-RW (rewritable) were introduced, allowing consumers to create their own CDs. However, with the rise of digital music and streaming services, the demand for physical CDs has declined. In recent years, the industry has shifted towards producing CDs for niche markets, such as audiophiles and collectors. In the United States, the CD industry has seen a decline in sales since the early 2000s, with a 47% decrease in sales from 2000 to 2019. Despite this decline, the CD industry still generates billions of dollars in revenue annually.

Future Outlook for Compact Discs (Manufacturing)

The anticipated future trajectory of the NAICS 334610-06 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Shrinking

    The future outlook for the Compact Discs (Manufacturing) industry in the USA is not very optimistic. The industry has been in decline for several years due to the rise of digital music and streaming services. The COVID-19 pandemic has further accelerated this decline as more people are turning to digital music consumption. The industry is expected to continue to decline in the coming years, with a projected annualized decline of 7.2% over the next five years. However, some companies in the industry are adapting to the changing market by shifting their focus to vinyl records and other physical media, which could provide a small boost to the industry.

Industry Innovations for NAICS Code 334610-06

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

  • Blu-Ray Discs: Blu-ray Discs are a type of optical disc that can store large amounts of data, including high-definition video. They were first introduced in the early 2000s and have since become a popular format for movies and other video content.
  • Dualdiscs: DualDiscs are a type of optical disc that combines a CD on one side and a DVD on the other. They were first introduced in 2004 and were marketed as a way to provide consumers with both audio and video content in a single package.
  • Hybrid Sacds: Hybrid SACDs are a type of optical disc that combines a standard CD layer with a high-resolution SACD layer. They were first introduced in the early 2000s and were marketed as a way to provide consumers with the convenience of a standard CD while also offering high-resolution audio for audiophiles.
  • Vinyl Records: While not a new innovation, vinyl records have seen a resurgence in popularity in recent years. Many music fans prefer the warm, analog sound of vinyl records over digital music, and some artists are releasing their music exclusively on vinyl.
  • 3D Printed Cds: 3D printing technology has been used to create custom CDs with unique shapes and designs. While not yet widely adopted, this technology has the potential to revolutionize the way CDs are manufactured and marketed.

NAICS Code 334610-06 - Compact Discs (Manufacturing)

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