NAICS Code 423840-39 - Leather Goods (Manufacturing) Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

10

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NAICS Code 423840-39 Description (8-Digit)

The Leather Goods (Manufacturing) Supplies (Wholesale) industry involves the distribution of materials and supplies used in the manufacturing of leather goods. These supplies include a range of raw materials such as leather hides, synthetic materials, and hardware components like zippers, buckles, and clasps. The industry also includes the distribution of tools and equipment used in the manufacturing process, such as cutting tools, sewing machines, and leather finishing products. Companies in this industry typically sell their products to manufacturers of leather goods, including companies that produce leather bags, shoes, belts, and other accessories.

Hierarchy Navigation for NAICS Code 423840-39

Tools

Tools commonly used in the Leather Goods (Manufacturing) Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Leather cutting machines
  • Sewing machines
  • Leather skiving machines
  • Leather embossing machines
  • Leather finishing tools
  • Leather edge burnishers
  • Leather punches
  • Leather stitching awls
  • Leather splitting machines
  • Leather stamping tools

Industry Examples of Leather Goods (Manufacturing) Supplies (Wholesale)

Common products and services typical of NAICS Code 423840-39, illustrating the main business activities and contributions to the market.

  • Leather bag manufacturers
  • Leather shoe manufacturers
  • Leather belt manufacturers
  • Leather wallet manufacturers
  • Leather jacket manufacturers
  • Leather accessory manufacturers
  • Leather furniture manufacturers
  • Leather watch strap manufacturers
  • Leather dog collar manufacturers
  • Leather keychain manufacturers

Certifications, Compliance and Licenses for NAICS Code 423840-39 - Leather Goods (Manufacturing) Supplies (Wholesale)

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

  • Leather Working Group Certification: The Leather Working Group (LWG) Certification is a globally recognized certification that assesses the environmental compliance and performance capabilities of leather manufacturers. This certification is important for the Leather Goods (Manufacturing) Supplies (Wholesale) industry as it ensures that the leather used in the products is environmentally sustainable and ethically sourced. The certification is provided by the Leather Working Group.
  • Forest Stewardship Council (FSC) Certification: The FSC Certification is a globally recognized certification that ensures that the wood used in the products is sourced from responsibly managed forests. This certification is important for the Leather Goods (Manufacturing) Supplies (Wholesale) industry as it ensures that the wood used in the products is environmentally sustainable and ethically sourced. The certification is provided by the Forest Stewardship Council.
  • Global Organic Textile Standard (GOTS) Certification: The GOTS Certification is a globally recognized certification that ensures that the textile used in the products is organic and environmentally sustainable. This certification is important for the Leather Goods (Manufacturing) Supplies (Wholesale) industry as it ensures that the textile used in the products is environmentally sustainable and ethically sourced. The certification is provided by the Global Organic Textile Standard.
  • ISO 9001 Certification: The ISO 9001 Certification is a globally recognized certification that ensures that the quality management system of the organization meets the international standards. This certification is important for the Leather Goods (Manufacturing) Supplies (Wholesale) industry as it ensures that the products are of high quality and meet the international standards. The certification is provided by the International Organization for Standardization.
  • ISO 14001 Certification: The ISO 14001 Certification is a globally recognized certification that ensures that the environmental management system of the organization meets the international standards. This certification is important for the Leather Goods (Manufacturing) Supplies (Wholesale) industry as it ensures that the organization is environmentally responsible and meets the international standards. The certification is provided by the International Organization for Standardization.

History

A concise historical narrative of NAICS Code 423840-39 covering global milestones and recent developments within the United States.

  • The "Leather Goods (Manufacturing) Supplies (Wholesale)" industry has a long history dating back to ancient times when leather was used for clothing, footwear, and armor. The industry has evolved over time, with notable advancements such as the invention of the sewing machine in the 19th century, which revolutionized the manufacturing process. In the 20th century, the industry saw the introduction of synthetic materials, which impacted the demand for leather goods. In recent years, the industry has been influenced by changing consumer preferences, with a growing demand for sustainable and ethically sourced materials. In the United States, the industry has seen a shift towards e-commerce, with many wholesalers now offering online sales channels to reach a wider customer base.

Future Outlook for Leather Goods (Manufacturing) Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423840-39 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 Leather Goods (Manufacturing) Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for leather goods in the fashion industry. The rise of e-commerce has also contributed to the growth of the industry as it has made it easier for wholesalers to reach a wider audience. The industry is also expected to benefit from the increasing demand for eco-friendly and sustainable products. However, the industry may face challenges due to the increasing competition from low-cost imports and the rising cost of raw materials.

Industry Innovations for NAICS Code 423840-39

Recent groundbreaking advancements and milestones in the Leather Goods (Manufacturing) Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • The use of sustainable and eco-friendly materials in the production of leather goods has been a recent innovation in the industry. This has been driven by the increasing demand for environmentally friendly products.
  • The development of new technologies for the production of leather goods has also been an innovation in the industry. This includes the use of 3D printing and laser cutting technologies to create more intricate designs.
  • The introduction of new designs and styles of leather goods has also been an innovation in the industry. This has been driven by the changing fashion trends and the increasing demand for unique and personalized products.
  • The adoption of new marketing strategies, such as social media marketing and influencer marketing, has also been an innovation in the industry. This has helped wholesalers to reach a wider audience and increase their sales.
  • The development of new supply chain management systems has also been an innovation in the industry. This includes the use of blockchain technology to improve transparency and traceability in the supply chain.

NAICS Code 423840-39 - Leather Goods (Manufacturing) Supplies (Wholesale)

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