NAICS Code 423710-30 - Tool Chests Kits Bags Etc (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

10

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NAICS Code 423710-30 Description (8-Digit)

The Tool Chests Kits Bags Etc (Wholesale) industry involves the wholesale distribution of tool storage solutions such as tool chests, kits, bags, and other related products. These products are designed to provide a convenient and organized way to store and transport tools for professionals and DIY enthusiasts alike. The industry caters to a wide range of customers, including construction workers, mechanics, electricians, plumbers, and more.

Hierarchy Navigation for NAICS Code 423710-30

Parent Code (less specific)

Tools

Tools commonly used in the Tool Chests Kits Bags Etc (Wholesale) industry for day-to-day tasks and operations.

  • Tool chests
  • Tool kits
  • Tool bags
  • Tool boxes
  • Tool carts
  • Tool belts
  • Tool pouches
  • Tool organizers
  • Tool trays
  • Tool cabinets

Industry Examples of Tool Chests Kits Bags Etc (Wholesale)

Common products and services typical of NAICS Code 423710-30, illustrating the main business activities and contributions to the market.

  • Contractor supply stores
  • Industrial equipment wholesalers
  • Automotive parts distributors
  • Hardware stores
  • Home improvement retailers
  • Tool and equipment rental companies
  • Construction material suppliers
  • Electrical supply wholesalers
  • Plumbing supply distributors
  • Welding equipment wholesalers

Certifications, Compliance and Licenses for NAICS Code 423710-30 - Tool Chests Kits Bags Etc (Wholesale)

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

  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for workers who handle hazardous materials and equipment. It ensures that workers are trained in the proper handling and disposal of hazardous materials and equipment. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • Hazardous Materials Endorsement (HME): This endorsement is required for drivers who transport hazardous materials. It ensures that drivers are trained in the proper handling and transportation of hazardous materials. The endorsement is provided by the Department of Transportation (DOT).
  • Commercial Driver's License (CDL): This license is required for drivers who operate commercial vehicles. It ensures that drivers are trained in the proper operation and maintenance of commercial vehicles. The license is provided by the Department of Transportation (DOT).
  • Environmental Protection Agency (EPA) Certification: This certification is required for workers who handle refrigerants. It ensures that workers are trained in the proper handling and disposal of refrigerants. The certification is provided by the Environmental Protection Agency (EPA).
  • National Institute for Occupational Safety and Health (NIOSH) Certification: This certification is required for workers who handle respiratory protection equipment. It ensures that workers are trained in the proper use and maintenance of respiratory protection equipment. The certification is provided by the National Institute for Occupational Safety and Health (NIOSH).

History

A concise historical narrative of NAICS Code 423710-30 covering global milestones and recent developments within the United States.

  • The "Tool Chests Kits Bags Etc (Wholesale)" industry has a long history dating back to the early 20th century when tool chests and bags were first introduced to the market. The industry has since grown to include a wide range of products such as tool kits, belts, and pouches. In the United States, the industry has seen significant growth in recent years due to the increasing demand for high-quality tools and equipment. Notable advancements in the industry include the development of durable and lightweight materials such as nylon and polyester, which have made tool bags and kits more portable and easier to use. Additionally, the industry has seen a rise in the popularity of customizable tool storage solutions, such as modular tool chests and cabinets, which allow users to create a personalized storage system for their tools and equipment. In recent years, the industry has also seen a shift towards online sales, with many wholesalers offering their products through e-commerce platforms. This has allowed wholesalers to reach a wider audience and has made it easier for customers to find and purchase the products they need. Another notable trend in the industry is the increasing focus on sustainability, with many wholesalers offering eco-friendly products made from recycled materials. Overall, the "Tool Chests Kits Bags Etc (Wholesale)" industry has a rich history of innovation and growth, and is poised for continued success in the future.

Future Outlook for Tool Chests Kits Bags Etc (Wholesale)

The anticipated future trajectory of the NAICS 423710-30 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 Tool Chests Kits Bags Etc (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for tools and equipment in various sectors such as construction, automotive, and manufacturing. The rise in e-commerce and online sales channels is also expected to boost the industry's growth. Additionally, the increasing focus on safety regulations and the need for specialized tools and equipment is expected to drive the demand for innovative products in the industry. However, the industry may face challenges such as rising raw material costs, increasing competition, and the impact of the COVID-19 pandemic on the supply chain and demand. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423710-30

Recent groundbreaking advancements and milestones in the Tool Chests Kits Bags Etc (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Mobile Tool Storage: Tool Chests Kits Bags Etc (Wholesale) industry has seen a recent innovation in mobile tool storage, which allows for easy transportation of tools and equipment. These storage units come with wheels and handles, making them easy to move around job sites.
  • Smart Tool Storage: Another recent innovation in the industry is smart tool storage, which uses technology to track and manage tools and equipment. These storage units come with sensors that can detect when tools are removed or returned, making it easier to keep track of inventory.
  • Customized Tool Storage: The industry has also seen an increase in demand for customized tool storage solutions. Manufacturers are now offering customized tool storage options that can be tailored to meet the specific needs of different industries and businesses.
  • Eco-Friendly Tool Storage: With the increasing focus on sustainability, the industry has seen a rise in eco-friendly tool storage options. These storage units are made from recycled materials and are designed to be more energy-efficient.
  • Innovative Tool Bags: Tool bags have also seen recent innovations, with manufacturers offering bags with specialized compartments for different tools and equipment. These bags are designed to be more durable and offer better protection for tools during transportation.

NAICS Code 423710-30 - Tool Chests Kits Bags Etc (Wholesale)

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