NAICS Code 423850-42 - Hair Goods (Wholesale)
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NAICS Code 423850-42 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423850-42
Parent Code (less specific)
Tools
Tools commonly used in the Hair Goods (Wholesale) industry for day-to-day tasks and operations.
- Hair extension pliers
- Hair extension fusion tools
- Hair extension glue guns
- Hair extension micro rings
- Hair extension loop tools
- Hair extension tape
- Wig caps
- Wig combs
- Wig stands
- Hair clips
Industry Examples of Hair Goods (Wholesale)
Common products and services typical of NAICS Code 423850-42, illustrating the main business activities and contributions to the market.
- Hair extensions
- Wigs
- Hairpieces
- Hair accessories
- Hair care products
- Hair styling tools
- Hair color products
- Hair brushes
- Hair combs
- Hair clips
Certifications, Compliance and Licenses for NAICS Code 423850-42 - Hair Goods (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Good Manufacturing Practice (GMP): GMP certification ensures that the products are consistently produced and controlled according to quality standards. The certification is provided by the International Organization for Standardization (ISO).
- Hazard Analysis and Critical Control Points (HACCP): HACCP certification is a food safety management system that identifies and prevents hazards in the food production process. The certification is provided by the International HACCP Alliance.
- Occupational Safety and Health Administration (OSHA) Certification: OSHA certification ensures that the workplace is safe and healthy for employees. The certification is provided by the Occupational Safety and Health Administration.
- National Association Of Wholesaler-Distributors (NAW) Certification: NAW certification provides education and training for wholesale distributors to improve their business operations. The certification is provided by the National Association of Wholesaler-Distributors.
- National Association Of Chemical Distributors (NACD) Certification: NACD certification ensures that chemical distributors are following responsible distribution practices. The certification is provided by the National Association of Chemical Distributors.
History
A concise historical narrative of NAICS Code 423850-42 covering global milestones and recent developments within the United States.
- The hair goods wholesale industry has a long history dating back to ancient times. In ancient Egypt, wigs were used as a symbol of social status and were made from human hair, wool, and vegetable fibers. In the 16th century, wigs became popular in Europe, and the demand for human hair increased. The hair goods industry continued to grow, and in the 19th century, the first synthetic hair was invented. In the United States, the hair goods industry grew rapidly in the 20th century, with the introduction of new products such as hair extensions, hairpieces, and hair accessories. Today, the industry continues to evolve with new technologies and trends, such as the use of natural and organic materials and the rise of e-commerce.
Future Outlook for Hair Goods (Wholesale)
The anticipated future trajectory of the NAICS 423850-42 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The hair goods wholesale industry in the USA is expected to grow in the coming years due to the increasing demand for hair care products. The industry is expected to benefit from the growing popularity of natural and organic hair care products. The trend towards using eco-friendly and sustainable products is also expected to drive growth in the industry. The rise of e-commerce is also expected to benefit the industry as more consumers are turning to online shopping for their hair care needs. However, the industry may face challenges due to the increasing competition from new entrants and the threat of counterfeit products. Overall, the hair goods wholesale industry is expected to experience steady growth in the coming years.
Industry Innovations for NAICS Code 423850-42
Recent groundbreaking advancements and milestones in the Hair Goods (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Hair Care Products with Natural and Organic Ingredients: Many hair care products are now being made with natural and organic ingredients, which are becoming increasingly popular among consumers who are concerned about the environment and their health.
- Hair Care Products for Specific Hair Types: Hair care products are now being developed for specific hair types, such as curly, straight, or color-treated hair. This allows consumers to choose products that are tailored to their individual needs.
- Hair Care Products with Advanced Technology: Hair care products are now being developed with advanced technology, such as heat-activated ingredients and micro-capsules that release nutrients over time.
- Hair Care Products with Customizable Formulas: Some companies are now offering hair care products with customizable formulas, allowing consumers to choose the ingredients that are best suited to their hair type and needs.
- Hair Care Products with Sustainable Packaging: Many hair care companies are now using sustainable packaging, such as biodegradable or recyclable materials, to reduce their environmental impact.
NAICS Code 423850-42 - Hair Goods (Wholesale)
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