NAICS Code 423620-03 - Appliances-Household-Major (Wholesale)
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NAICS Code 423620-03 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423620-03
Parent Code (less specific)
Tools
Tools commonly used in the Appliances-Household-Major (Wholesale) industry for day-to-day tasks and operations.
- Hand trucks
- Pallet jacks
- Dollies
- Strapping machines
- Stretch wrap machines
- Forklifts
- Tape dispensers
- Box cutters
- Shrink wrap machines
- Pallet inverters
Industry Examples of Appliances-Household-Major (Wholesale)
Common products and services typical of NAICS Code 423620-03, illustrating the main business activities and contributions to the market.
- Refrigerators
- Ovens
- Dishwashers
- Washing machines
- Dryers
- Freezers
- Stoves
- Range hoods
- Microwave ovens
- Trash compactors
Certifications, Compliance and Licenses for NAICS Code 423620-03 - Appliances-Household-Major (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ENERGY STAR: A certification program that identifies energy-efficient products, including household appliances, and helps consumers save money and protect the environment. Provided by the U.S. Environmental Protection Agency (EPA).
- UL Certification: A safety certification provided by Underwriters Laboratories (UL) that ensures that the household appliances meet safety standards.
- FCC Certification: A certification provided by the Federal Communications Commission (FCC) that ensures that the household appliances meet electromagnetic compatibility (EMC) and radio frequency (RF) emission standards.
- Rohs Compliance: A certification that ensures that the household appliances do not contain hazardous substances such as lead, mercury, and cadmium. Provided by the Restriction of Hazardous Substances Directive (RoHS).
- California Energy Commission (CEC) Certification: A certification that ensures that the household appliances meet energy efficiency standards set by the California Energy Commission.
History
A concise historical narrative of NAICS Code 423620-03 covering global milestones and recent developments within the United States.
- The "Appliances-Household-Major (Wholesale)" industry has a long history dating back to the early 20th century when the first electric refrigerators were introduced. The industry saw significant growth during the post-World War II era when the demand for household appliances increased. In the 1960s, the industry experienced a shift towards more energy-efficient appliances, and in the 1970s, the introduction of microwave ovens revolutionized the industry. In recent years, the industry has seen a rise in smart appliances that can be controlled through mobile devices and voice assistants. In the United States, the industry has been impacted by the COVID-19 pandemic, with increased demand for appliances due to more people staying at home and investing in home improvements.
Future Outlook for Appliances-Household-Major (Wholesale)
The anticipated future trajectory of the NAICS 423620-03 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 Appliances-Household-Major (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for smart home appliances and the rising disposable income of consumers. The industry is also expected to benefit from the growing trend of energy-efficient appliances. The COVID-19 pandemic has also increased the demand for home appliances as people spend more time at home. The industry is expected to continue to grow in the coming years due to these factors.
Industry Innovations for NAICS Code 423620-03
Recent groundbreaking advancements and milestones in the Appliances-Household-Major (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Home Appliances: The industry has seen a rise in the demand for smart home appliances that can be controlled through smartphones or voice assistants. These appliances offer convenience and energy efficiency to consumers.
- Energy-Efficient Appliances: The industry has seen a trend towards energy-efficient appliances that help consumers save on their energy bills. These appliances are also environmentally friendly.
- Improved Designs: The industry has seen a focus on improving the design of appliances to make them more aesthetically pleasing and fit better with modern home decor.
- Integration with Other Smart Home Devices: The industry has seen a trend towards integrating appliances with other smart home devices to create a seamless home automation experience for consumers.
- Increased Use Of Artificial Intelligence: The industry has seen an increase in the use of artificial intelligence in appliances to improve their functionality and make them more user-friendly.
NAICS Code 423620-03 - Appliances-Household-Major (Wholesale)
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