NAICS Code 339910-11 - Goldsmith & Silversmith Products (Manufacturing)

Marketing Level - NAICS 8-Digit

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NAICS Code 339910-11 Description (8-Digit)

Goldsmith & Silversmith Products (Manufacturing) is a subdivision of the Jewelry and Silverware Manufacturing industry that involves the production of high-quality gold and silver products. This industry is responsible for creating a wide range of products, including jewelry, flatware, hollowware, and other decorative items. The manufacturing process involves the use of various tools and techniques to shape, mold, and polish the raw materials into the desired finished product.

Hierarchy Navigation for NAICS Code 339910-11

Tools

Tools commonly used in the Goldsmith & Silversmith Products (Manufacturing) industry for day-to-day tasks and operations.

  • Jeweler's saw
  • Pliers
  • Hammers
  • Files
  • Soldering torch
  • Anvil
  • Mandrels
  • Polishing wheel
  • Engraving tools
  • Rolling mill
  • Drawplate
  • Dapping block
  • Burnisher
  • Loupe
  • Calipers
  • Metal shears
  • Metal stamping tools
  • Bezel roller
  • Chasing tools
  • Metal clay tools

Industry Examples of Goldsmith & Silversmith Products (Manufacturing)

Common products and services typical of NAICS Code 339910-11, illustrating the main business activities and contributions to the market.

  • Gold necklaces
  • Silver earrings
  • Gold bracelets
  • Silver rings
  • Gold cufflinks
  • Silver brooches
  • Gold pendants
  • Silver belt buckles
  • Gold tie clips
  • Silver napkin rings
  • Gold keychains
  • Silver picture frames
  • Gold money clips
  • Silver candlesticks
  • Gold wine goblets
  • Silver tea sets
  • Gold desk accessories
  • Silver serving trays
  • Gold hair accessories
  • Silver baby gifts

Certifications, Compliance and Licenses for NAICS Code 339910-11 - Goldsmith & Silversmith Products (Manufacturing)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Responsible Jewellery Council Certification: The Responsible Jewellery Council (RJC) is an international organization that promotes responsible ethical, human rights, social and environmental practices throughout the jewelry supply chain. The RJC certification is a voluntary certification that verifies that a company has met the RJC's standards for responsible business practices.
  • Jewelers Of America Certification: Jewelers of America (JA) is a national trade association for businesses serving the fine jewelry marketplace. JA offers a certification program that verifies that a jewelry business meets the highest standards of professionalism, ethics, and business practices.
  • Gemological Institute Of America Certification: The Gemological Institute of America (GIA) is a nonprofit organization that provides education and research in the field of gemology. GIA offers a range of certifications for individuals and businesses in the jewelry industry, including certifications in gemology, jewelry design, and jewelry manufacturing.
  • Occupational Safety and Health Administration (OSHA) Certification: OSHA is a federal agency that sets and enforces safety and health standards in the workplace. OSHA offers a range of certifications for businesses in various industries, including the jewelry industry, to ensure that they are complying with OSHA's safety and health standards.
  • Environmental Protection Agency (EPA) Certification: The EPA is a federal agency that sets and enforces environmental regulations in the United States. The EPA offers a range of certifications for businesses in various industries, including the jewelry industry, to ensure that they are complying with environmental regulations.

History

A concise historical narrative of NAICS Code 339910-11 covering global milestones and recent developments within the United States.

  • The history of the Goldsmith & Silversmith Products (Manufacturing) industry dates back to ancient times, where gold and silver were used to create jewelry, coins, and other decorative items. In the Middle Ages, goldsmiths and silversmiths were highly respected craftsmen who created intricate pieces for royalty and the wealthy. During the Industrial Revolution, the introduction of machinery and mass production techniques made jewelry and silverware more affordable and accessible to the general public. In the United States, the industry experienced significant growth in the late 19th and early 20th centuries, with the rise of department stores and mail-order catalogs. Today, the industry continues to evolve with the use of new technologies and materials, such as 3D printing and alternative metals like titanium and tungsten.

Future Outlook for Goldsmith & Silversmith Products (Manufacturing)

The anticipated future trajectory of the NAICS 339910-11 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Goldsmith & Silversmith Products (Manufacturing) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for high-end jewelry and silverware products. The rise in disposable income and the growing preference for luxury goods are some of the factors driving the growth of the industry. Additionally, the industry is expected to benefit from the increasing popularity of online sales channels, which will help manufacturers reach a wider audience. However, the industry may face challenges due to the rising competition from low-cost imports and the increasing cost of raw materials. Overall, the industry is expected to grow steadily in the coming years, driven by the increasing demand for high-quality and unique jewelry and silverware products.

Industry Innovations for NAICS Code 339910-11

Recent groundbreaking advancements and milestones in the Goldsmith & Silversmith Products (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • 3D Printing: The use of 3D printing technology has revolutionized the Goldsmith & Silversmith Products (Manufacturing) industry in the USA. It has enabled manufacturers to create complex and intricate designs with ease, reducing the time and cost of production.
  • Sustainable Materials: Many manufacturers are now using sustainable materials such as recycled gold and silver to create their products. This has helped reduce the environmental impact of the industry and has also appealed to consumers who are environmentally conscious.
  • Customization: Many manufacturers are now offering customization services to their customers, allowing them to create unique and personalized jewelry and silverware products. This has helped increase customer satisfaction and loyalty.
  • Online Sales Channels: The increasing popularity of online sales channels has enabled manufacturers to reach a wider audience and has also helped reduce the cost of distribution.
  • Augmented Reality: Some manufacturers are now using augmented reality technology to allow customers to try on jewelry and silverware products virtually before making a purchase. This has helped increase customer engagement and has also reduced the number of returns.

NAICS Code 339910-11 - Goldsmith & Silversmith Products (Manufacturing)

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