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

• Handheld mixers
• Electric can openers
• Immersion blenders
• Food processors
• Electric griddles
• Electric skillets
• Slow cookers
• Rice cookers
• Electric pressure cookers
• Electric woks

Common products and services typical of NAICS Code 423620-04, illustrating the main business activities and contributions to the market.

• Toasters
• Coffee makers
• Electric kettles
• Blenders
• Juicers
• Food choppers
• Handheld vacuums
• Irons
• Hair dryers
• Electric shavers

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, including household appliances. 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 meet regulatory standards for electromagnetic interference.
• Rohs Compliance: A regulation that restricts the use of certain hazardous materials in electrical and electronic products. Compliance with RoHS is required in the European Union and other countries.
• CE Marking: A certification that indicates compliance with European Union health, safety, and environmental protection standards. CE marking is required for products sold in the European Economic Area.

A concise historical narrative of NAICS Code 423620-04 covering global milestones and recent developments within the United States.

• The "Appliances-Household-Small (Wholesale)" industry has a long history dating back to the early 20th century when small household appliances such as toasters, blenders, and electric irons were first introduced. The industry saw significant growth during the post-World War II era when consumer demand for these products increased. In the 1960s and 1970s, the industry experienced a surge in innovation with the introduction of new products such as microwave ovens, coffee makers, and food processors. In recent years, the industry has continued to evolve with the introduction of smart home technology and the integration of voice-activated assistants into small appliances. In the United States, the "Appliances-Household-Small (Wholesale)" industry has seen steady growth over the past decade. According to Statista, the industry generated approximately $16.5 billion in revenue in 2019, up from $14.5 billion in 2010. This growth can be attributed to several factors, including an increase in disposable income, a growing interest in home cooking and entertaining, and the introduction of new and innovative products. Despite the challenges posed by the COVID-19 pandemic, the industry has remained resilient, with many consumers investing in small appliances to enhance their at-home cooking and dining experiences.

The anticipated future trajectory of the NAICS 423620-04 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-Small (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for energy-efficient and smart home appliances. The rise in disposable income and the growing trend of home renovation and remodeling are also expected to drive the growth of the industry. The COVID-19 pandemic has also increased the demand for household appliances as people spend more time at home. However, the industry may face challenges due to the shortage of raw materials and supply chain disruptions. Overall, the industry is expected to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the Appliances-Household-Small (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 been focusing on developing energy-efficient appliances that can help consumers save on their energy bills. These appliances are also environmentally friendly.
• Compact Appliances: With the rise in small apartments and tiny homes, the industry has been developing compact appliances that can fit in small spaces. These appliances are also popular among consumers who want to save space.
• Improved Safety Features: The industry has been improving the safety features of household appliances to prevent accidents and injuries. For example, some appliances now have automatic shut-off features to prevent fires.
• Customizable Appliances: The industry has been offering customizable appliances that can be tailored to the specific needs of consumers. For example, some appliances now have interchangeable panels that can be changed to match the decor of a room.