NAICS Code 423840-13 - Cork & Cork Products (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

19

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NAICS Code 423840-13 Description (8-Digit)

Cork & Cork Products (Wholesale) is a subdivision of the Industrial Supplies Merchant Wholesalers industry that involves the wholesale distribution of cork and cork products. Cork is a natural, renewable, and sustainable material that is harvested from the bark of cork oak trees. Cork products include a wide range of items such as cork flooring, cork wall tiles, cork rolls, cork sheets, cork stoppers, cork coasters, and cork insulation. Cork is a versatile material that is used in various industries such as construction, automotive, aerospace, and fashion.

Hierarchy Navigation for NAICS Code 423840-13

Tools

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

  • Cork cutting machine
  • Cork sanding machine
  • Cork drilling machine
  • Cork polishing machine
  • Cork edge sealing machine
  • Cork glueing machine
  • Cork laser engraving machine
  • Cork hot stamping machine
  • Cork printing machine
  • Cork laminating machine

Industry Examples of Cork & Cork Products (Wholesale)

Common products and services typical of NAICS Code 423840-13, illustrating the main business activities and contributions to the market.

  • Cork flooring
  • Cork wall tiles
  • Cork rolls
  • Cork sheets
  • Cork stoppers
  • Cork coasters
  • Cork insulation
  • Cork gaskets
  • Cork bulletin boards
  • Cork yoga blocks

Certifications, Compliance and Licenses for NAICS Code 423840-13 - Cork & Cork Products (Wholesale)

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

  • Forest Stewardship Council (FSC) Certification: The FSC certification ensures that the cork products are sourced from responsibly managed forests. The certification is provided by the Forest Stewardship Council.
  • Sustainable Forestry Initiative (SFI) Certification: The SFI certification ensures that the cork products are sourced from forests that are managed sustainably. The certification is provided by the Sustainable Forestry Initiative.
  • ISO 9001 Certification: The ISO 9001 certification ensures that the cork products meet the quality management standards set by the International Organization for Standardization. The certification is provided by various certification bodies.
  • ISO 14001 Certification: The ISO 14001 certification ensures that the cork products are manufactured in an environmentally responsible manner. The certification is provided by various certification bodies.
  • Occupational Safety and Health Administration (OSHA) Certification: The OSHA certification ensures that the cork products are manufactured in compliance with the safety and health regulations set by the Occupational Safety and Health Administration. The certification is provided by the Occupational Safety and Health Administration.

History

A concise historical narrative of NAICS Code 423840-13 covering global milestones and recent developments within the United States.

  • Cork has been used for thousands of years, with the ancient Greeks and Romans using it for a variety of purposes, including as stoppers for wine bottles. The cork industry began to develop in the 18th century, with Portugal becoming the largest producer of cork in the world. In the 19th century, cork was used for a variety of industrial purposes, including insulation and gaskets. The industry continued to grow throughout the 20th century, with new uses for cork being discovered, such as in flooring and fashion accessories. In recent years, the industry has faced challenges due to the increasing popularity of alternative materials, such as plastic and aluminum, but it remains an important industry worldwide. In the United States, the cork industry has a more recent history. The first cork stoppers were imported to the US in the mid-19th century, but it wasn't until the early 20th century that cork production began in the US. The industry grew rapidly in the mid-20th century, with cork being used for a variety of industrial and consumer products. However, in the late 20th century, the industry faced challenges due to the increasing popularity of alternative materials. Despite these challenges, the cork industry in the US remains an important part of the economy, with a focus on high-quality cork products for niche markets.

Future Outlook for Cork & Cork Products (Wholesale)

The anticipated future trajectory of the NAICS 423840-13 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 Cork & Cork Products (Wholesale) industry in the USA is positive. The industry is expected to experience steady growth in the coming years due to the increasing demand for sustainable and eco-friendly products. Cork is a renewable and biodegradable material that is used in a variety of industries, including construction, automotive, and consumer goods. The growing awareness of the environmental benefits of cork is expected to drive demand for cork products, which will benefit the wholesale industry. Additionally, the increasing popularity of wine and other alcoholic beverages is expected to drive demand for cork stoppers, which are a major product in the industry. Overall, the industry is expected to experience moderate growth in the coming years, driven by increasing demand for sustainable and eco-friendly products.

Industry Innovations for NAICS Code 423840-13

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

  • Cork-Based Insulation: Cork is an excellent insulator, and recent innovations have led to the development of cork-based insulation products. These products are eco-friendly, sustainable, and provide excellent insulation properties, making them an attractive option for the construction industry.
  • Cork Flooring: Cork flooring is becoming increasingly popular due to its eco-friendliness, durability, and unique aesthetic. Recent innovations have led to the development of new cork flooring products that are more durable and easier to install, which is expected to drive demand for cork flooring in the coming years.
  • Cork-Based Textiles: Cork is a versatile material that can be used in a variety of applications, including textiles. Recent innovations have led to the development of cork-based textiles that are eco-friendly, sustainable, and have unique properties such as water resistance and breathability.
  • Cork-Based Packaging: Cork is an excellent material for packaging due to its durability, water resistance, and eco-friendliness. Recent innovations have led to the development of new cork-based packaging products that are more sustainable and eco-friendly than traditional packaging materials.
  • Cork-Based Consumer Products: Cork is a versatile material that can be used in a variety of consumer products, including bags, wallets, and phone cases. Recent innovations have led to the development of new cork-based consumer products that are eco-friendly, sustainable, and have unique properties such as water resistance and durability.

NAICS Code 423840-13 - Cork & Cork Products (Wholesale)

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