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NAICS Code 423460-07 Description (8-Digit)

The Optical Goods (Wholesale) industry involves the distribution of ophthalmic goods to retailers, such as eyeglasses, frames, lenses, and other optical accessories. This industry is responsible for supplying a wide range of optical products to retailers, including prescription and non-prescription eyewear, contact lenses, and other vision care products. The industry is highly competitive, with a large number of wholesalers operating in the market.

Hierarchy Navigation for NAICS Code 423460-07

Tools

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

  • Optical lensometers
  • Pupilometers
  • Lens edgers
  • Frame warmers
  • Ultrasonic cleaners
  • Optical pliers
  • Lens tinting machines
  • Optical microscopes
  • Frame heaters
  • Optical screwdrivers

Industry Examples of Optical Goods (Wholesale)

Common products and services typical of NAICS Code 423460-07, illustrating the main business activities and contributions to the market.

  • Eyeglass frames
  • Prescription lenses
  • Non-prescription lenses
  • Contact lens solutions
  • Reading glasses
  • Sunglasses
  • Safety glasses
  • Optical accessories
  • Magnifying glasses
  • Eye drops

Certifications, Compliance and Licenses for NAICS Code 423460-07 - Optical Goods (Wholesale)

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

  • American Board Of Opticianry (ABO): ABO certification is a voluntary certification that opticians can earn to demonstrate their knowledge and skills in the field. The certification is offered by the American Board of Opticianry and requires passing an exam. ABO certification can help opticians stand out in the job market and demonstrate their commitment to the profession.
  • National Contact Lens Examiners (NCLE): NCLE certification is another voluntary certification that opticians can earn to demonstrate their expertise in fitting and dispensing contact lenses. The certification is offered by the National Contact Lens Examiners and requires passing an exam. NCLE certification can help opticians demonstrate their knowledge and skills in this specialized area of the field.
  • Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for all employees who work with hazardous materials, including those in the optical goods industry. The certification ensures that employees are trained in the safe handling and disposal of hazardous materials and can help prevent accidents and injuries in the workplace.
  • HIPAA Compliance Certification: HIPAA compliance certification is required for all healthcare providers, including those in the optical goods industry. The certification ensures that providers are trained in the proper handling and protection of patient health information and can help prevent data breaches and other security incidents.
  • FDA Registration: All companies that manufacture, process, pack, or store food, drugs, medical devices, or cosmetics that are intended for sale in the United States are required to register with the FDA. This includes companies in the optical goods industry that manufacture or distribute medical devices such as contact lenses or eyeglasses.

History

A concise historical narrative of NAICS Code 423460-07 covering global milestones and recent developments within the United States.

  • The "Optical Goods (Wholesale)" industry has a long history dating back to the 13th century when the first eyeglasses were invented in Italy. The industry has since grown and evolved, with notable advancements such as the invention of bifocal lenses by Benjamin Franklin in the 18th century and the development of contact lenses in the 20th century. In recent history, the industry has seen significant growth due to the increasing demand for eyewear products, particularly in the United States. The rise of e-commerce has also played a significant role in the industry's growth, with many wholesalers now selling their products online. Overall, the "Optical Goods (Wholesale)" industry has a rich history of innovation and growth, with many notable advancements and milestones along the way.

Future Outlook for Optical Goods (Wholesale)

The anticipated future trajectory of the NAICS 423460-07 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Optical Goods (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for eyewear products, including prescription glasses, sunglasses, and contact lenses. The aging population and the rise in eye-related diseases such as myopia, hyperopia, and astigmatism are also expected to drive the growth of the industry. Additionally, the increasing awareness of eye health and the need for regular eye check-ups are expected to boost the demand for eyewear products. The industry is also expected to benefit from the growing popularity of online sales channels, which provide convenience and accessibility to customers. However, the industry may face challenges such as intense competition, changing consumer preferences, and the threat of substitutes.

Industry Innovations for NAICS Code 423460-07

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

  • Smart Glasses: Smart glasses are eyewear products that can display information, take pictures, and record videos. They are equipped with sensors, cameras, and microphones, and can be connected to smartphones and other devices. Smart glasses are becoming increasingly popular in the healthcare, education, and entertainment industries.
  • Blue Light Blocking Glasses: Blue light blocking glasses are designed to reduce the amount of blue light that enters the eyes. Blue light is emitted by electronic devices such as smartphones, tablets, and computers, and can cause eye strain, headaches, and sleep disturbances. Blue light blocking glasses are becoming popular among people who spend a lot of time in front of screens.
  • 3D Printed Eyewear: 3D printing technology is being used to produce eyewear products that are customized to fit the individual's face. 3D printed eyewear is lightweight, durable, and can be produced quickly and cost-effectively.
  • Virtual Try-On Technology: Virtual try-on technology allows customers to try on eyewear products virtually using their smartphones or computers. This technology provides customers with a convenient and interactive way to shop for eyewear products.
  • Sustainable Eyewear: Sustainable eyewear products are made from eco-friendly materials such as recycled plastic, bamboo, and wood. Sustainable eyewear is becoming popular among environmentally conscious consumers who want to reduce their carbon footprint.

NAICS Code 423460-07 - Optical Goods (Wholesale)

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