NAICS Code 423420-32 - Safes & Vaults-Used (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423420-32
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NAICS Code 423420-32 Description (8-Digit)

Safes & Vaults-Used (Wholesale) is a subdivision of the Office Equipment Merchant Wholesalers industry that specializes in the wholesale distribution of used safes and vaults. This industry involves the buying and selling of previously owned safes and vaults that have been refurbished to meet industry standards. The safes and vaults sold in this industry are typically used for commercial purposes, such as in banks, jewelry stores, and other businesses that require secure storage for valuable items.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423420 page

Tools

Tools commonly used in the Safes & Vaults-Used (Wholesale) industry for day-to-day tasks and operations.

  • Lock picking tools
  • Safe drilling machines
  • Safe moving equipment
  • Safe dialing machines
  • Safe combination change tools
  • Safe repair kits
  • Safe opening tools
  • Safe manipulation tools
  • Safe lock installation tools
  • Safe lock change tools

Industry Examples of Safes & Vaults-Used (Wholesale)

Common products and services typical of NAICS Code 423420-32, illustrating the main business activities and contributions to the market.

  • Bank vaults
  • Jewelry safes
  • Gun safes
  • Data safes
  • Fireproof safes
  • Floor safes
  • Wall safes
  • Depository safes
  • Cash management safes
  • Pharmacy safes

History

A concise historical narrative of NAICS Code 423420-32 covering global milestones and recent developments within the United States.

  • The history of the Safes & Vaults-Used (Wholesale) industry dates back to the early 1800s when the first safes were invented to protect valuables from theft and fire. In the late 1800s, the first bank vaults were introduced, and by the early 1900s, the industry had expanded to include a wide range of security products. During World War II, the industry experienced a surge in demand as the government needed secure storage for classified documents and materials. In recent years, the industry has seen advancements in technology, such as biometric security systems and smart safes that can track cash deposits and withdrawals in real-time. In the United States, the Safes & Vaults-Used (Wholesale) industry has a more recent history. The industry experienced significant growth in the 1980s and 1990s due to increased demand for security products in response to rising crime rates. In the early 2000s, the industry faced challenges due to the economic recession, but it has since rebounded. Today, the industry continues to evolve with advancements in technology and changing security needs.