NAICS Code 423830-91 - Strapping & Strapping Equipment (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423830-91 Description (8-Digit)

The Strapping & Strapping Equipment (Wholesale) industry involves the wholesale distribution of strapping materials and equipment used for securing and bundling items for storage or transportation. This industry includes the distribution of a wide range of strapping materials such as steel, plastic, and polyester strapping, as well as strapping equipment such as tensioners, sealers, and dispensers.

Hierarchy Navigation for NAICS Code 423830-91

Tools

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

  • Strapping tensioners
  • Strapping sealers
  • Strapping dispensers
  • Strapping cutters
  • Strapping carts
  • Strapping crimpers
  • Strapping shears
  • Strapping notchers
  • Strapping stretchers
  • Strapping winders

Industry Examples of Strapping & Strapping Equipment (Wholesale)

Common products and services typical of NAICS Code 423830-91, illustrating the main business activities and contributions to the market.

  • Steel strapping
  • Plastic strapping
  • Polyester strapping
  • Cord strapping
  • Woven strapping
  • Composite strapping
  • Strapping seals
  • Strapping buckles
  • Strapping clips
  • Strapping edge protectors

Certifications, Compliance and Licenses for NAICS Code 423830-91 - Strapping & Strapping Equipment (Wholesale)

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

  • Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for workers who handle hazardous materials and equipment. This certification ensures that workers are trained in the proper handling and use of equipment and materials to prevent accidents and injuries. The certification is provided by the Occupational Safety and Health Administration.
  • National Institute for Occupational Safety and Health (NIOSH) Certification: NIOSH certification is required for workers who handle respiratory protection equipment. This certification ensures that workers are trained in the proper use and maintenance of respiratory protection equipment to prevent exposure to harmful substances. The certification is provided by the National Institute for Occupational Safety and Health.
  • International Organization for Standardization (ISO) Certification: ISO certification is a globally recognized standard for quality management systems. This certification ensures that a company's products and services meet customer and regulatory requirements. The certification is provided by the International Organization for Standardization.
  • American National Standards Institute (ANSI) Certification: ANSI certification is a nationally recognized standard for safety and quality. This certification ensures that a company's products and services meet industry standards and regulations. The certification is provided by the American National Standards Institute.
  • Underwriters Laboratories (UL) Certification: UL certification is a globally recognized standard for safety and quality. This certification ensures that a company's products and services meet industry standards and regulations. The certification is provided by Underwriters Laboratories.

History

A concise historical narrative of NAICS Code 423830-91 covering global milestones and recent developments within the United States.

  • The Strapping & Strapping Equipment (Wholesale) industry has a long history dating back to the early 19th century when the first steel strapping was invented. The industry has since evolved with the introduction of new materials such as polyester and polypropylene, which are now widely used in strapping. In the United States, the industry has seen significant growth since the 1950s, driven by the increasing demand for strapping in the transportation and logistics sectors. The industry has also benefited from advancements in technology, such as the development of automated strapping machines, which have increased efficiency and reduced labor costs for businesses. In recent years, the industry has faced challenges due to the COVID-19 pandemic, which has disrupted global supply chains and caused a decline in demand for strapping products in some sectors. However, the industry is expected to recover as the global economy recovers and demand for transportation and logistics services increases.

Future Outlook for Strapping & Strapping Equipment (Wholesale)

The anticipated future trajectory of the NAICS 423830-91 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The Strapping & Strapping Equipment (Wholesale) industry in the USA is expected to grow in the coming years due to the increasing demand for strapping equipment in various industries such as food and beverage, pharmaceuticals, and logistics. The growth of e-commerce and online retailing is also expected to drive the demand for strapping equipment as it is used for packaging and securing products during transportation. The industry is also expected to benefit from the increasing focus on sustainability and eco-friendly packaging solutions. However, the industry may face challenges due to the increasing competition from low-cost imports and the availability of alternative packaging solutions. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423830-91

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

  • Smart Strapping Machines: These machines use sensors and software to optimize the strapping process, reducing waste and increasing efficiency.
  • Biodegradable Strapping Materials: With the increasing focus on sustainability, manufacturers are developing biodegradable strapping materials that are eco-friendly and can be easily recycled.
  • Automatic Strapping Systems: These systems use robotics and automation to streamline the strapping process, reducing labor costs and increasing productivity.
  • High-Tension Strapping Tools: These tools use advanced technology to apply high-tension strapping, ensuring that products are securely packaged and reducing the risk of damage during transportation.
  • RFID-Enabled Strapping: RFID tags can be attached to strapping materials to track products during transportation, providing real-time visibility and reducing the risk of loss or theft.

NAICS Code 423830-91 - Strapping & Strapping Equipment (Wholesale)

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