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NAICS Code 423220-03 Description (8-Digit)

Bedspreads (Wholesale) is a subdivision of the Home Furnishing Merchant Wholesalers industry that involves the distribution of bedspreads to retailers, hotels, hospitals, and other institutions. Bedspreads are large, decorative bed covers that are designed to cover the entire bed and often reach the floor. They come in a variety of materials, including cotton, silk, and polyester, and can be plain or patterned. Bedspreads are used to add a decorative touch to a room and to protect the bed from dust and dirt.

Hierarchy Navigation for NAICS Code 423220-03

Tools

Tools commonly used in the Bedspreads (Wholesale) industry for day-to-day tasks and operations.

  • Bedspread measuring tape
  • Fabric scissors
  • Sewing machine
  • Iron and ironing board
  • Fabric glue
  • Upholstery needle
  • Thread
  • Pins
  • Rotary cutter
  • Cutting mat

Industry Examples of Bedspreads (Wholesale)

Common products and services typical of NAICS Code 423220-03, illustrating the main business activities and contributions to the market.

  • Hotel bedspreads
  • Hospital bedspreads
  • Bedspreads for retirement homes
  • Bedspreads for dormitories
  • Bedspreads for summer camps
  • Bedspreads for military barracks
  • Bedspreads for cruise ships
  • Bedspreads for vacation rentals
  • Bedspreads for guest houses
  • Bedspreads for bed and breakfasts

Certifications, Compliance and Licenses for NAICS Code 423220-03 - Bedspreads (Wholesale)

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

  • OEKO-TEX Standard 100: This certification ensures that the bedspreads are free from harmful substances and are safe for human use. It is provided by the International Association for Research and Testing in the Field of Textile Ecology (OEKO-TEX).
  • Global Organic Textile Standard (GOTS): This certification ensures that the bedspreads are made from organic fibers and are processed without the use of harmful chemicals. It is provided by the Global Organic Textile Standard.
  • National Bed Federation (NBF) Approved: This certification ensures that the bedspreads meet the safety and quality standards set by the NBF. It is provided by the National Bed Federation.
  • Consumer Product Safety Improvement Act (CPSIA) Compliance: This regulation ensures that the bedspreads meet the safety standards set by the Consumer Product Safety Commission (CPSC). It is mandatory for all bedspreads sold in the US.
  • California Proposition 65 Compliance: This regulation ensures that the bedspreads do not contain any harmful chemicals that can cause cancer, birth defects, or other reproductive harm. It is mandatory for all bedspreads sold in California.

History

A concise historical narrative of NAICS Code 423220-03 covering global milestones and recent developments within the United States.

  • The wholesale bedspread industry has a long history dating back to ancient times when people used animal hides and furs to keep warm. In the Middle Ages, bedspreads were made of wool and linen, and later, cotton. The Industrial Revolution brought about the mass production of bedspreads, and the introduction of synthetic materials in the 20th century made them more affordable. In the United States, the bedspread industry experienced a boom in the 1950s and 1960s, with the rise of suburban living and the popularity of home decor. Today, the industry continues to evolve with the introduction of new materials and designs, as well as the growing demand for sustainable and eco-friendly products. Recent history in the United States has seen the bedspread industry face challenges due to the COVID-19 pandemic. With many people spending more time at home, there has been an increased demand for home decor and bedding products. However, disruptions in the global supply chain and manufacturing processes have led to shortages and delays in the industry. Additionally, the rise of e-commerce has changed the way consumers shop for bedspreads, with many opting for online retailers over traditional brick-and-mortar stores. Despite these challenges, the industry is expected to rebound as the pandemic subsides and consumer spending increases.

Future Outlook for Bedspreads (Wholesale)

The anticipated future trajectory of the NAICS 423220-03 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 Bedspreads (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for home furnishing products. The rise in disposable income and the growing trend of home decor are some of the factors that are driving the growth of the industry. Additionally, the increasing popularity of online shopping is expected to boost the industry's growth as it provides convenience and accessibility to customers. However, the industry may face challenges due to the increasing competition from other home furnishing products and the rising cost of raw materials. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423220-03

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

  • Smart Bedspreads: These bedspreads come with built-in sensors that can monitor the user's sleep patterns and adjust the temperature and lighting accordingly. This innovation provides customers with a personalized sleeping experience.
  • Sustainable Bedspreads: With the growing concern for the environment, many companies are now producing bedspreads made from sustainable materials such as organic cotton, bamboo, and recycled polyester. This innovation provides customers with eco-friendly options.
  • Customizable Bedspreads: Some companies are now offering customizable bedspreads where customers can choose the fabric, color, and design of their bedspread. This innovation provides customers with a unique and personalized product.
  • Anti-Allergen Bedspreads: These bedspreads are designed to prevent allergens such as dust mites and pet dander from accumulating. This innovation provides customers with a healthier sleeping environment.
  • Smart Packaging: Some companies are now using smart packaging that can track the location and condition of the bedspreads during shipping. This innovation provides customers with a more reliable and efficient delivery process.

NAICS Code 423220-03 - Bedspreads (Wholesale)

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