NAICS Code 423840-46 - Packing Materials-Mechanical (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423840-46 Description (8-Digit)

Packing Materials-Mechanical (Wholesale) is a subdivision of the Industrial Supplies Merchant Wholesalers industry that involves the wholesale distribution of mechanical packing materials. These materials are used to seal and protect machinery and equipment from damage caused by friction, heat, and other environmental factors. The industry includes a wide range of products such as gaskets, seals, o-rings, packing rings, and other mechanical packing materials. Companies in this industry typically purchase these materials from manufacturers and then distribute them to other businesses, such as manufacturers, repair shops, and maintenance departments.

Hierarchy Navigation for NAICS Code 423840-46

Tools

Tools commonly used in the Packing Materials-Mechanical (Wholesale) industry for day-to-day tasks and operations.

  • Packing knives
  • Packing hooks
  • Packing pliers
  • Packing cutters
  • Packing extractors
  • Packing pullers
  • Packing spreaders
  • Packing punches
  • Packing mandrels
  • Packing lubricants

Industry Examples of Packing Materials-Mechanical (Wholesale)

Common products and services typical of NAICS Code 423840-46, illustrating the main business activities and contributions to the market.

  • Gaskets for industrial machinery
  • Seals for hydraulic systems
  • O-rings for automotive engines
  • Packing rings for pumps
  • Mechanical packing for valves
  • Sealing materials for pipelines
  • Gasket sheets for heat exchangers
  • Packing materials for compressors
  • Sealing rings for turbines
  • Mechanical packing for agitators

Certifications, Compliance and Licenses for NAICS Code 423840-46 - Packing Materials-Mechanical (Wholesale)

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

  • Hazardous Materials Endorsement (HME): A certification required by the Transportation Security Administration (TSA) for drivers who transport hazardous materials. The certification ensures that the driver has passed a background check and is aware of the risks and regulations associated with transporting hazardous materials. The certification is provided by the Department of Motor Vehicles (DMV).
  • Occupational Safety and Health Administration (OSHA) Certification: A certification that ensures that the workplace is safe and healthy for employees. The certification is provided by OSHA and is required for businesses that operate in the US. The certification covers topics such as hazard communication, personal protective equipment, and emergency action plans.
  • International Safe Transit Association (ISTA) Certification: A certification that ensures that the packaging of products is safe and secure during transportation. The certification is provided by ISTA and is required for businesses that transport products. The certification covers topics such as shock and vibration testing, compression testing, and atmospheric conditioning.
  • National Motor Freight Traffic Association (NMFTA) Certification: A certification that ensures that the transportation of goods is done in compliance with the regulations set by the NMFTA. The certification is provided by the NMFTA and is required for businesses that transport goods. The certification covers topics such as classification of goods, packaging requirements, and documentation requirements.
  • International Air Transport Association (IATA) Certification: A certification that ensures that the transportation of goods by air is done in compliance with the regulations set by the IATA. The certification is provided by the IATA and is required for businesses that transport goods by air. The certification covers topics such as dangerous goods regulations, packaging requirements, and documentation requirements.

History

A concise historical narrative of NAICS Code 423840-46 covering global milestones and recent developments within the United States.

  • The "Packing Materials-Mechanical (Wholesale)" industry has a long history dating back to the early 20th century when the first mechanical packing materials were introduced. These materials were used to seal and protect machinery and equipment in various industries such as manufacturing, construction, and transportation. Over the years, the industry has seen significant advancements in technology, materials, and manufacturing processes. In recent history, the industry has been impacted by the increasing demand for sustainable and eco-friendly packaging solutions. This has led to the development of new materials and technologies that are more environmentally friendly and cost-effective. Additionally, the industry has been impacted by the COVID-19 pandemic, which has led to an increase in demand for packaging materials for medical supplies and equipment.

Future Outlook for Packing Materials-Mechanical (Wholesale)

The anticipated future trajectory of the NAICS 423840-46 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 Packing Materials-Mechanical (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for packaging materials in various sectors such as food and beverage, pharmaceuticals, and e-commerce. The rise of e-commerce has led to an increase in demand for packaging materials as more products are being shipped directly to consumers. Additionally, the industry is expected to benefit from the increasing focus on sustainability and eco-friendly packaging materials. The industry is also expected to benefit from the growth of the manufacturing sector in the USA, which will increase the demand for packaging materials. Overall, the industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 423840-46

Recent groundbreaking advancements and milestones in the Packing Materials-Mechanical (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Sustainable Packaging Materials: The industry has seen a rise in the use of sustainable packaging materials such as biodegradable plastics, recycled paper, and compostable materials. This trend is driven by the increasing focus on sustainability and eco-friendliness.
  • Smart Packaging: The industry has seen the development of smart packaging that can monitor the condition of the product during shipping and storage. This technology can help reduce waste and improve the quality of the product.
  • Automation: The industry has seen an increase in the use of automation in the packaging process. This has led to increased efficiency and reduced costs.
  • Customized Packaging: The industry has seen an increase in the demand for customized packaging that can be tailored to the specific needs of the product and the customer.
  • E-Commerce Packaging: The rise of e-commerce has led to an increase in demand for packaging materials that can protect the product during shipping and storage. The industry has responded by developing packaging materials that are specifically designed for e-commerce.

NAICS Code 423840-46 - Packing Materials-Mechanical (Wholesale)

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