NAICS Code 423620-25 - Refrigerators & Freezers (Wholesale)

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NAICS Code 423620-25 Description (8-Digit)

The Refrigerators & Freezers (Wholesale) industry involves the distribution of refrigerators and freezers to retailers, commercial businesses, and other wholesalers. This industry is responsible for providing a wide range of refrigeration and freezing equipment to meet the needs of various businesses and industries. The refrigerators and freezers distributed by wholesalers are used for storing food, beverages, and other perishable items. The industry is highly competitive, and wholesalers must keep up with the latest trends and technologies to remain relevant in the market.

Hierarchy Navigation for NAICS Code 423620-25

Tools

Tools commonly used in the Refrigerators & Freezers (Wholesale) industry for day-to-day tasks and operations.

  • Refrigerant leak detectors
  • Digital thermometers
  • Refrigeration gauges
  • Vacuum pumps
  • Recovery machines
  • Refrigeration recovery tanks
  • Pipe cutters
  • Flaring tools
  • Tube benders
  • Refrigeration wrenches

Industry Examples of Refrigerators & Freezers (Wholesale)

Common products and services typical of NAICS Code 423620-25, illustrating the main business activities and contributions to the market.

  • Commercial refrigerators
  • Walk-in freezers
  • Display cases
  • Undercounter refrigerators
  • Reach-in refrigerators
  • Chest freezers
  • Beverage coolers
  • Ice cream freezers
  • Wine refrigerators
  • Laboratory refrigerators

Certifications, Compliance and Licenses for NAICS Code 423620-25 - Refrigerators & Freezers (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, including refrigerators and freezers. The program is run by the U.S. Environmental Protection Agency and the U.S. Department of Energy.
  • NSF International: A certification program that tests and certifies products for safety, quality, and performance. NSF International offers certification for commercial refrigerators and freezers.
  • UL Certification: A certification program that tests and certifies products for safety and performance. UL offers certification for commercial refrigerators and freezers.
  • AHRI Certification: A certification program that tests and certifies HVACR equipment, including commercial refrigerators and freezers. The program is run by the Air-Conditioning, Heating, and Refrigeration Institute.
  • OSHA Regulations: The Occupational Safety and Health Administration sets regulations for workplace safety, including regulations for the safe handling of refrigerants used in refrigeration equipment.

History

A concise historical narrative of NAICS Code 423620-25 covering global milestones and recent developments within the United States.

  • The refrigeration industry has a long and fascinating history. The first refrigeration system was invented in the early 1800s by William Cullen, a Scottish physician. However, it wasn't until the late 1800s that refrigeration technology began to be used on a commercial scale. In 1876, Carl von Linde, a German engineer, developed the first practical refrigeration system. This system was used to produce ice on a large scale, which revolutionized the food industry. In the early 1900s, refrigeration technology continued to advance, and the first electric refrigerators were introduced. These early refrigerators were expensive and not very reliable, but they paved the way for the modern refrigeration industry. In recent history, the refrigeration industry has continued to evolve and innovate. In the United States, the industry has been driven by a growing demand for energy-efficient and environmentally friendly refrigeration systems. In the 1990s, the U.S. Environmental Protection Agency (EPA) introduced the Energy Star program, which encourages the development and use of energy-efficient appliances. This program has had a significant impact on the refrigeration industry, and many manufacturers now produce Energy Star-certified refrigerators and freezers. In addition, the refrigeration industry has been impacted by the growing trend towards smart homes and the Internet of Things (IoT). Many modern refrigerators now come equipped with Wi-Fi connectivity and other advanced features that allow consumers to monitor and control their appliances from their smartphones.

Future Outlook for Refrigerators & Freezers (Wholesale)

The anticipated future trajectory of the NAICS 423620-25 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 industry "Refrigerators & Freezers (Wholesale)" in the USA is positive. The industry is expected to grow due to the increasing demand for energy-efficient and smart refrigerators and freezers. The rise in disposable income and changing lifestyles of consumers are also driving the demand for high-end refrigerators and freezers. The industry is also expected to benefit from the growing trend of online shopping, which is increasing the demand for home delivery of refrigerators and freezers. However, the industry may face challenges due to the increasing competition from international players and the rising cost of raw materials. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423620-25

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

  • Smart Refrigerators: These refrigerators come with advanced features such as touchscreens, voice assistants, and Wi-Fi connectivity. They can also be controlled remotely through smartphones, making them convenient for consumers.
  • Energy-Efficient Refrigerators: These refrigerators are designed to consume less energy, reducing the electricity bills of consumers. They are also eco-friendly, making them popular among environmentally conscious consumers.
  • French Door Refrigerators: These refrigerators have two doors that open outwards, providing easy access to the contents inside. They also have a bottom freezer, which is more convenient for users.
  • Side-By-Side Refrigerators: These refrigerators have two doors that open outwards, with the freezer on one side and the refrigerator on the other. They are popular among consumers who want to store large items such as pizza boxes.
  • Compact Refrigerators: These refrigerators are small in size and are designed for use in small apartments, dorm rooms, and offices. They are also popular among consumers who want to store beverages and snacks in their bedrooms or living rooms.

NAICS Code 423620-25 - Refrigerators & Freezers (Wholesale)

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