NAICS Code 339910-20 - Jewelers Findings/Mtrls/Lapidary (Manufacturing)

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NAICS Code 339910-20 Description (8-Digit)

Jewelers Findings/Mtrls/Lapidary (Manufacturing) is a subdivision of the NAICS Code 339910 that involves the manufacturing of materials and findings used in the production of jewelry and silverware. This industry is responsible for producing a wide range of materials, including precious and semi-precious stones, beads, chains, clasps, and other components used in the creation of jewelry. Additionally, this industry is involved in the cutting, polishing, and shaping of stones and gems, as well as the production of lapidary equipment and supplies.

Hierarchy Navigation for NAICS Code 339910-20

Tools

Tools commonly used in the Jewelers Findings/Mtrls/Lapidary (Manufacturing) industry for day-to-day tasks and operations.

  • Gemstone faceting machine
  • Jewelry saw
  • Bead reamer
  • Ring mandrel
  • Jewelry pliers
  • Gemstone caliper
  • Diamond drill bit
  • Jewelry hammer
  • Soldering torch
  • Polishing wheel

Industry Examples of Jewelers Findings/Mtrls/Lapidary (Manufacturing)

Common products and services typical of NAICS Code 339910-20, illustrating the main business activities and contributions to the market.

  • Gemstone beads
  • Jewelry findings
  • Precious metal wire
  • Lapidary equipment
  • Cabochons
  • Gemstone rough
  • Jewelry chain
  • Jewelry wire
  • Gemstone slabs
  • Jewelry clasps

Certifications, Compliance and Licenses for NAICS Code 339910-20 - Jewelers Findings/Mtrls/Lapidary (Manufacturing)

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

  • Conflict-Free Diamond Certification: This certification ensures that the diamonds used in the manufacturing process are ethically sourced and do not contribute to any conflicts. The Kimberley Process Certification Scheme (KPCS) is an international certification that ensures the diamonds are conflict-free.
  • Responsible Jewellery Council (RJC) Certification: This certification ensures that the jewelry is ethically sourced and produced in a socially and environmentally responsible manner. The RJC is an international organization that provides this certification.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification ensures that the manufacturing process is safe for workers and complies with OSHA regulations.
  • Environmental Protection Agency (EPA) Certification: This certification ensures that the manufacturing process is environmentally friendly and complies with EPA regulations.
  • National Jeweler Certification: This certification ensures that the jewelry is of high quality and meets industry standards. The National Jeweler is a US-based organization that provides this certification.

History

A concise historical narrative of NAICS Code 339910-20 covering global milestones and recent developments within the United States.

  • The history of the Jewelers Findings/Mtrls/Lapidary (Manufacturing) industry dates back to ancient times when jewelry was made from natural materials such as shells, bones, and stones. The industry has evolved over time, with the discovery of precious metals and gemstones leading to the development of more intricate and valuable jewelry. In the United States, the industry saw significant growth during the 19th century, with the California Gold Rush leading to a surge in demand for gold and silver jewelry. In recent years, the industry has faced challenges due to the rise of online retailers and changing consumer preferences, but it continues to innovate with new materials and designs to meet the demands of the market.

Future Outlook for Jewelers Findings/Mtrls/Lapidary (Manufacturing)

The anticipated future trajectory of the NAICS 339910-20 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 Jewelers Findings/Mtrls/Lapidary (Manufacturing) industry in the USA is positive. The industry is expected to grow due to the increasing demand for jewelry and the rise in disposable income. The industry is also expected to benefit from the growing trend of customization and personalization of jewelry. The use of advanced technologies such as 3D printing and CAD/CAM software is also expected to drive the growth of the industry. However, the industry may face challenges such as the increasing competition from low-cost imports and the rising prices of raw materials. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 339910-20

Recent groundbreaking advancements and milestones in the Jewelers Findings/Mtrls/Lapidary (Manufacturing) industry, reflecting notable innovations that have reshaped its landscape.

  • 3D Printing: The use of 3D printing technology has revolutionized the jewelry industry. It allows for the creation of complex and intricate designs that were previously impossible to make. This technology has also reduced the time and cost of production.
  • CAD/CAM Software: The use of computer-aided design and computer-aided manufacturing software has made the jewelry manufacturing process more efficient and accurate. It allows for the creation of detailed designs and the production of high-quality jewelry.
  • Laser Cutting: Laser cutting technology has made it possible to cut and shape metals and gemstones with precision. This technology has also reduced the time and cost of production.
  • Sustainable Materials: The use of sustainable materials such as recycled metals and ethically sourced gemstones has become increasingly popular in the jewelry industry. This trend is expected to continue as consumers become more environmentally conscious.
  • Online Sales: The rise of e-commerce has made it easier for jewelry manufacturers to reach a wider audience. Online sales have also made it easier for consumers to purchase customized and personalized jewelry.

NAICS Code 339910-20 - Jewelers Findings/Mtrls/Lapidary (Manufacturing)

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