NAICS Code 423620-02 - Appliances-Household-Major Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

412

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NAICS Code 423620-02 Description (8-Digit)

The Appliances-Household-Major Supplies (Wholesale) industry involves the wholesale distribution of large household appliances such as refrigerators, ovens, dishwashers, and washing machines. These appliances are intended for use in households and are typically sold to retailers or other wholesalers. Companies in this industry may also provide installation and repair services for the appliances they distribute.

Hierarchy Navigation for NAICS Code 423620-02

Tools

Tools commonly used in the Appliances-Household-Major Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Refrigerant recovery machine
  • Vacuum pump
  • Refrigerant scale
  • Multimeter
  • Torque wrench
  • Pipe cutter
  • Flaring tool
  • Tube bender
  • Wire stripper
  • Crimping tool
  • Soldering iron
  • Nut driver set
  • Adjustable wrench
  • Pliers
  • Screwdriver set
  • Drill
  • Hole saw
  • Jigsaw
  • Circular saw
  • Hammer

Industry Examples of Appliances-Household-Major Supplies (Wholesale)

Common products and services typical of NAICS Code 423620-02, illustrating the main business activities and contributions to the market.

  • Refrigerators
  • Ovens
  • Dishwashers
  • Washing machines
  • Dryers
  • Freezers
  • Range hoods
  • Cooktops
  • Wall ovens
  • Microwave ovens
  • Trash compactors
  • Wine coolers
  • Ice makers
  • Water heaters
  • Air purifiers
  • Humidifiers
  • Dehumidifiers
  • Air conditioners
  • Furnaces

Certifications, Compliance and Licenses for NAICS Code 423620-02 - Appliances-Household-Major Supplies (Wholesale)

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

  • ENERGY STAR: A certification program that identifies and promotes energy-efficient products to reduce greenhouse gas emissions. The program is run by the U.S. Environmental Protection Agency and the U.S. Department of Energy.
  • UL Certification: A safety certification provided by Underwriters Laboratories, a global safety science company. UL certification ensures that products meet safety standards and comply with regulations.
  • FCC Certification: A certification provided by the Federal Communications Commission that ensures electronic devices do not interfere with other electronic devices and comply with regulations.
  • Rohs Compliance: A certification that ensures products do not contain hazardous materials such as lead, mercury, and cadmium. The certification is required in the European Union but is also recognized globally.
  • CE Marking: A certification that indicates a product meets safety, health, and environmental protection standards for products sold within the European Economic Area.

History

A concise historical narrative of NAICS Code 423620-02 covering global milestones and recent developments within the United States.

  • The "Appliances-Household-Major Supplies (Wholesale)" industry has a long history dating back to the early 20th century when the first electric appliances were introduced. The industry has seen significant growth and development over the years, with the introduction of new technologies and innovations. In the United States, the industry experienced a boom in the 1950s and 1960s, with the introduction of new household appliances such as refrigerators, washing machines, and dishwashers. In recent years, the industry has continued to evolve, with the introduction of smart appliances that can be controlled remotely using smartphones and other devices. The industry has also seen a shift towards more energy-efficient appliances, driven by consumer demand for environmentally friendly products.

Future Outlook for Appliances-Household-Major Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423620-02 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 Appliances-Household-Major Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for household appliances and electronics. The rise in disposable income and the growing trend of smart homes are also expected to contribute to the growth of the industry. The COVID-19 pandemic has also led to an increase in demand for household appliances as people spend more time at home. However, the industry may face challenges due to the increasing competition from online retailers and the rising cost of raw materials. Overall, the industry is expected to continue to grow in the coming years.

Industry Innovations for NAICS Code 423620-02

Recent groundbreaking advancements and milestones in the Appliances-Household-Major Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Home Appliances: With the growing trend of smart homes, many companies are introducing smart home appliances that can be controlled through smartphones or voice assistants. For example, LG introduced a smart refrigerator that can be controlled through a smartphone app and can even suggest recipes based on the ingredients available.
  • Energy-Efficient Appliances: Many companies are introducing energy-efficient appliances that can help consumers save on their energy bills. For example, Whirlpool introduced a line of energy-efficient refrigerators that use less energy than traditional models.
  • Wireless Charging: Some companies are introducing appliances that can be charged wirelessly. For example, Samsung introduced a smart TV that can be charged wirelessly by placing a smartphone on top of it.
  • Voice Assistants: Many appliances are now compatible with voice assistants like Amazon Alexa or Google Assistant. For example, GE introduced a line of smart ovens that can be controlled through voice commands.
  • Augmented Reality: Some companies are using augmented reality to help customers visualize how appliances would look in their homes. For example, IKEA introduced an app that allows customers to see how furniture would look in their homes before making a purchase.

NAICS Code 423620-02 - Appliances-Household-Major Supplies (Wholesale)

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