NAICS Code 423440-32 - Restaurant Equipment & Supplies (Wholesale)
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NAICS Code 423440-32 Description (8-Digit)
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Parent Code (less specific)
Tools
Tools commonly used in the Restaurant Equipment & Supplies (Wholesale) industry for day-to-day tasks and operations.
- Commercial refrigerators and freezers
- Cooking equipment (ovens, grills, fryers, etc.)
- Dishwashing equipment
- Food preparation equipment (mixers, slicers, etc.)
- Beverage dispensers
- Ice machines
- Shelving and storage units
- Tableware (plates, glasses, silverware, etc.)
- Cleaning supplies (sanitizers, detergents, etc.)
- POS systems
Industry Examples of Restaurant Equipment & Supplies (Wholesale)
Common products and services typical of NAICS Code 423440-32, illustrating the main business activities and contributions to the market.
- Restaurant supply store
- Commercial kitchen equipment supplier
- Food service equipment distributor
- Catering equipment supplier
- Bar equipment supplier
- Coffee shop equipment supplier
- Bakery equipment supplier
- Pizza shop equipment supplier
- Ice cream shop equipment supplier
- Food truck equipment supplier
Certifications, Compliance and Licenses for NAICS Code 423440-32 - Restaurant Equipment & Supplies (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- NSF International Certification: NSF International is an independent organization that provides certifications for food equipment, water treatment and distribution systems, and other products. The NSF certification ensures that the equipment is safe for use in foodservice establishments and meets the standards set by the FDA.
- UL Certification: UL is a global safety certification company that provides certifications for a wide range of products, including commercial kitchen equipment. The UL certification ensures that the equipment meets safety standards and is safe for use in commercial kitchens.
- ETL Certification: ETL is a safety certification company that provides certifications for a wide range of products, including commercial kitchen equipment. The ETL certification ensures that the equipment meets safety standards and is safe for use in commercial kitchens.
- Servsafe Certification: ServSafe is a food safety training and certification program that is recognized by the National Restaurant Association. The ServSafe certification ensures that foodservice workers have the knowledge and skills to handle food safely and prevent foodborne illness.
- OSHA Compliance: The Occupational Safety and Health Administration (OSHA) sets safety standards for workplaces, including commercial kitchens. Compliance with OSHA standards ensures that the workplace is safe for employees and customers.
History
A concise historical narrative of NAICS Code 423440-32 covering global milestones and recent developments within the United States.
- The "Restaurant Equipment & Supplies (Wholesale)" industry has a long history dating back to the early 20th century when the first commercial kitchen equipment was invented. In the 1920s, the industry saw a significant increase in demand due to the growth of the restaurant industry. The industry continued to grow throughout the 20th century, with the introduction of new technologies and equipment. In recent years, the industry has seen a shift towards more sustainable and energy-efficient equipment, as well as an increase in online sales and e-commerce platforms. In the United States, the industry has been impacted by the COVID-19 pandemic, with many restaurants closing or reducing their operations, leading to a decrease in demand for restaurant equipment and supplies. However, as the economy recovers, the industry is expected to rebound and continue its growth trajectory.
Future Outlook for Restaurant Equipment & Supplies (Wholesale)
The anticipated future trajectory of the NAICS 423440-32 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Restaurant Equipment & Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for restaurant equipment and supplies from the foodservice industry. The growth of the foodservice industry is driven by factors such as the increasing number of restaurants, rising disposable income, and changing consumer preferences. Additionally, the industry is expected to benefit from the increasing adoption of technology in the foodservice industry, which is driving the demand for innovative and efficient equipment and supplies. However, the industry may face challenges such as increasing competition and rising raw material costs. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 423440-32
Recent groundbreaking advancements and milestones in the Restaurant Equipment & Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Kitchen Equipment: The industry is witnessing the development of smart kitchen equipment that can be controlled remotely and can provide real-time data on usage and performance. This technology is expected to improve efficiency and reduce costs for restaurant owners.
- Sustainable Equipment and Supplies: There is a growing demand for sustainable equipment and supplies in the foodservice industry. Manufacturers are developing products that are energy-efficient, made from eco-friendly materials, and can be recycled at the end of their life cycle.
- Mobile Ordering and Payment Systems: The increasing adoption of mobile ordering and payment systems in the foodservice industry is driving the demand for equipment and supplies that can support these systems. Manufacturers are developing products such as mobile point-of-sale systems and wireless printers to meet this demand.
- Online Marketplaces: The rise of online marketplaces is changing the way restaurant owners purchase equipment and supplies. Online marketplaces offer a wide range of products at competitive prices, making it easier for restaurant owners to find the products they need.
- Customized Equipment and Supplies: Manufacturers are offering customized equipment and supplies to meet the specific needs of restaurant owners. This trend is driven by the increasing demand for unique and innovative products that can help restaurants stand out in a crowded market.
NAICS Code 423440-32 - Restaurant Equipment & Supplies (Wholesale)
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