NAICS Code 423830-37 - Knitting Machines (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

15

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NAICS Code 423830-37 Description (8-Digit)

Knitting Machines (Wholesale) is a subdivision of the Industrial Machinery and Equipment Merchant Wholesalers industry. This industry involves the wholesale distribution of knitting machines, which are used to create knitted fabrics and garments. Knitting machines come in various types, including flatbed, circular, and warp knitting machines. These machines are used by textile manufacturers, clothing manufacturers, and other businesses that require knitted fabrics for their products.

Hierarchy Navigation for NAICS Code 423830-37

Tools

Tools commonly used in the Knitting Machines (Wholesale) industry for day-to-day tasks and operations.

  • Knitting machine needles
  • Yarn carriers
  • Tension springs
  • Sinker plates
  • Cam systems
  • Needle beds
  • Yarn feeders
  • Stitch cams
  • Take-down rollers
  • Creels

Industry Examples of Knitting Machines (Wholesale)

Common products and services typical of NAICS Code 423830-37, illustrating the main business activities and contributions to the market.

  • Textile manufacturers
  • Clothing manufacturers
  • Knitwear manufacturers
  • Home textile manufacturers
  • Upholstery manufacturers
  • Bedding manufacturers
  • Sock manufacturers
  • Hosiery manufacturers
  • Sportswear manufacturers
  • Fashion designers

Certifications, Compliance and Licenses for NAICS Code 423830-37 - Knitting Machines (Wholesale)

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

  • ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
  • UL Certification: This certification is provided by Underwriters Laboratories and ensures that the products meet safety standards.
  • CE Marking: This certification is required for products sold in the European Economic Area and ensures that the products meet safety, health, and environmental protection standards.
  • Rohs Compliance: This certification ensures that the products do not contain hazardous substances such as lead, mercury, and cadmium. It is required for products sold in the European Union.
  • FCC Certification: This certification is required for electronic products sold in the United States and ensures that the products meet electromagnetic compatibility and radio frequency interference standards.

History

A concise historical narrative of NAICS Code 423830-37 covering global milestones and recent developments within the United States.

  • The knitting machine was invented in 1589 by William Lee, an English clergyman. The first knitting machine was a hand-operated device that could only produce a flat piece of fabric. In 1864, the first circular knitting machine was invented, which allowed for the production of seamless garments. The first fully automated knitting machine was invented in the 1940s, which revolutionized the industry. In the United States, the knitting machine industry began to flourish in the early 1900s, with the establishment of companies such as the Lamb Knitting Machine Corporation and the Auto Knitter Company. During World War II, the demand for knitted goods increased, and the industry experienced a boom. In the 1960s and 1970s, the industry faced competition from imported knitting machines, which led to the decline of many American knitting machine manufacturers. Today, the knitting machine industry is still evolving, with advancements in technology and the development of new materials.

Future Outlook for Knitting Machines (Wholesale)

The anticipated future trajectory of the NAICS 423830-37 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 Knitting Machines (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for knitted products. The rise in e-commerce platforms has made it easier for retailers to sell their products online, which has increased the demand for knitting machines. Additionally, the industry is expected to benefit from the increasing popularity of sustainable and eco-friendly products. As more consumers become aware of the environmental impact of fast fashion, they are turning to sustainable alternatives, which is driving the demand for knitted products. The industry is also expected to benefit from technological advancements, which are making knitting machines more efficient and cost-effective.

Industry Innovations for NAICS Code 423830-37

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

  • Smart Knitting Machines: These machines are equipped with sensors and software that allow them to automatically adjust the knitting process based on the type of yarn being used. This makes the knitting process more efficient and reduces waste.
  • 3D Knitting Machines: These machines use computer-controlled needles to create three-dimensional shapes, which allows for more complex designs and reduces the need for sewing.
  • Circular Knitting Machines: These machines use a circular needle to create seamless tubes of fabric, which is ideal for products like socks and hats.
  • Automatic Yarn Changers: These devices allow knitting machines to automatically switch between different colors or types of yarn, which reduces the need for manual intervention and increases efficiency.
  • Knitting Machine Software: There are a variety of software programs available that allow users to design and program knitting patterns, which can then be used with computer-controlled knitting machines.

NAICS Code 423830-37 - Knitting Machines (Wholesale)

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