NAICS Code 423910-02 - Archery Equipment & Supplies (Wholesale)
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NAICS Code 423910-02 Description (8-Digit)
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Tools
Tools commonly used in the Archery Equipment & Supplies (Wholesale) industry for day-to-day tasks and operations.
- Compound bows
- Recurve bows
- Longbows
- Crossbows
- Arrows
- Broadheads
- Quivers
- Targets
- Arm guards
- Finger tabs
- Release aids
- Bow cases
- Bow stands
- Bow strings
- Bow wax
- Arrow rests
- Sight pins
- Stabilizers
- Peep sights
- Nocks
Industry Examples of Archery Equipment & Supplies (Wholesale)
Common products and services typical of NAICS Code 423910-02, illustrating the main business activities and contributions to the market.
- Archery targets
- Bow strings
- Crossbows
- Recurve bows
- Arrow fletching
- Broadheads
- Quivers
- Arm guards
- Finger tabs
- Release aids
- Bow cases
- Arrow rests
- Sight pins
- Stabilizers
- Peep sights
- Nocks
Certifications, Compliance and Licenses for NAICS Code 423910-02 - Archery Equipment & Supplies (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Archery Instructor Certification: This certification is provided by USA Archery and is required for individuals who want to teach archery to others. The certification process includes a background check, completion of an online course, and passing a practical exam. The certification is valid for three years and can be renewed by completing a recertification course.
- Federal Firearms License (FFL): This license is required for businesses that sell firearms, including those that sell archery equipment that can be used for hunting. The license is issued by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) and requires a background check, fingerprinting, and compliance with federal regulations.
- Sales Tax Permit: Wholesale businesses are required to collect sales tax on their sales to retailers and other buyers. A sales tax permit is required to do so and is issued by the state in which the business is located. The requirements for obtaining a sales tax permit vary by state.
- Occupational Safety and Health Administration (OSHA) Certification: Wholesale businesses that have employees are required to comply with OSHA regulations to ensure a safe workplace. OSHA offers certification courses in various areas, including hazard communication, fall protection, and respiratory protection.
- Environmental Protection Agency (EPA) Certification: Wholesale businesses that handle hazardous materials, such as lead-based paint used in some archery equipment, may be required to obtain EPA certification. The certification process includes training and passing an exam.
History
A concise historical narrative of NAICS Code 423910-02 covering global milestones and recent developments within the United States.
- The archery industry has a long and rich history dating back to ancient times when it was used for hunting and warfare. The first recorded use of archery dates back to around 2800 BC in Egypt. The sport of archery was introduced to the Olympic Games in 1900 and has been a part of the games on and off since then. In the United States, archery has been a popular sport since the early 20th century, with the formation of the National Archery Association in 1879. The industry has seen notable advancements in recent years, including the development of new materials for bows and arrows, such as carbon fiber and aluminum, and the use of computer-aided design (CAD) technology to create more precise and efficient equipment. Additionally, the rise of e-commerce has made it easier for wholesalers to reach a wider audience and sell their products online.
Future Outlook for Archery Equipment & Supplies (Wholesale)
The anticipated future trajectory of the NAICS 423910-02 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 archery equipment and supplies wholesale industry in the USA is expected to experience steady growth in the coming years. The increasing popularity of archery as a recreational activity and the growing interest in hunting are expected to drive demand for archery equipment and supplies. Additionally, the rise of e-commerce and online sales channels is expected to provide new opportunities for wholesalers to reach customers and expand their market share. However, the industry may face challenges from increasing competition and changing consumer preferences. Overall, the outlook for the archery equipment and supplies wholesale industry in the USA is positive, with steady growth expected in the coming years.
Industry Innovations for NAICS Code 423910-02
Recent groundbreaking advancements and milestones in the Archery Equipment & Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Introduction Of New Materials: Archery equipment manufacturers are constantly experimenting with new materials to improve the performance of their products. Recent innovations include the use of carbon fiber and other lightweight materials to create stronger, more durable bows and arrows.
- Technological Advancements: The archery industry has seen a number of technological advancements in recent years, including the development of advanced sights, stabilizers, and other accessories that can help archers improve their accuracy and performance.
- Customization Options: Many archery equipment manufacturers now offer customization options, allowing customers to personalize their bows and arrows to suit their individual needs and preferences.
- Increased Focus on Safety: With the growing popularity of archery, there has been an increased focus on safety in the industry. Manufacturers are developing new safety features and equipment to help prevent accidents and injuries.
- Growing Interest In Traditional Archery: While modern compound bows are still popular, there has been a growing interest in traditional archery in recent years. This has led to an increase in demand for traditional bows and arrows, as well as related accessories and equipment.
NAICS Code 423910-02 - Archery Equipment & Supplies (Wholesale)
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