NAICS Code 423910-15 - Exercise Equipment (Wholesale)
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NAICS Code 423910-15 Description (8-Digit)
Hierarchy Navigation for NAICS Code 423910-15
Parent Code (less specific)
Tools
Tools commonly used in the Exercise Equipment (Wholesale) industry for day-to-day tasks and operations.
- Treadmills
- Ellipticals
- Weight lifting stations
- Exercise bikes
- Rowing machines
- Resistance bands
- Dumbbells
- Kettlebells
- Medicine balls
- Yoga mats
Industry Examples of Exercise Equipment (Wholesale)
Common products and services typical of NAICS Code 423910-15, illustrating the main business activities and contributions to the market.
- Weight lifting equipment
- Cardio machines
- Resistance training equipment
- Yoga accessories
- Pilates equipment
- Crossfit gear
- Fitness trackers
- Exercise apparel
- Gym flooring
- Foam rollers
Certifications, Compliance and Licenses for NAICS Code 423910-15 - Exercise Equipment (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- UL Certification: UL Certification is a safety certification provided by Underwriters Laboratories, a global safety certification company. Exercise equipment must meet UL standards to ensure that it is safe for use. UL certification is required for all exercise equipment sold in the US.
- FCC Certification: The Federal Communications Commission (FCC) requires that all electronic devices, including exercise equipment, meet certain standards for electromagnetic interference. Exercise equipment must be FCC certified to ensure that it does not interfere with other electronic devices.
- CE Marking: The CE marking is a certification mark that indicates conformity with health, safety, and environmental protection standards for products sold within the European Economic Area (EEA). Exercise equipment that is exported to the EEA must have the CE marking.
- Rohs Compliance: The Restriction of Hazardous Substances (RoHS) Directive restricts the use of certain hazardous materials in the manufacture of various types of electronic and electrical equipment, including exercise equipment. Exercise equipment must be RoHS compliant to be sold in the US.
- ISO 9001 Certification: The International Organization for Standardization (ISO) 9001 certification is a quality management system certification that ensures that a company's products and services meet customer and regulatory requirements. Exercise equipment manufacturers can obtain ISO 9001 certification to demonstrate their commitment to quality.
History
A concise historical narrative of NAICS Code 423910-15 covering global milestones and recent developments within the United States.
- The "Exercise Equipment (Wholesale)" industry has a long history dating back to the early 20th century when the first weightlifting machines were invented. In the 1950s, the first home gym equipment was introduced, and by the 1970s, the industry had grown significantly with the introduction of new exercise equipment such as treadmills, stationary bikes, and ellipticals. In recent years, the industry has seen a surge in demand for high-tech exercise equipment, such as smart treadmills and interactive workout machines. In the United States, the industry has been influenced by the rise of fitness culture and the increasing awareness of the importance of physical activity for health and wellness. The industry has also been impacted by the COVID-19 pandemic, which has led to a significant increase in demand for home gym equipment as people have been forced to exercise at home due to gym closures and social distancing measures.
Future Outlook for Exercise Equipment (Wholesale)
The anticipated future trajectory of the NAICS 423910-15 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Exercise Equipment (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing awareness of the importance of fitness and health among people. The rise in disposable income and the growing trend of home gyms are also expected to contribute to the growth of the industry. The COVID-19 pandemic has also led to an increase in demand for exercise equipment as people are avoiding gyms and working out at home. The industry is expected to continue to grow in the coming years due to these factors.
Industry Innovations for NAICS Code 423910-15
Recent groundbreaking advancements and milestones in the Exercise Equipment (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Exercise Equipment: Exercise equipment with built-in sensors and connectivity features that allow users to track their workouts and progress.
- Virtual Reality Workouts: Exercise equipment that provides virtual reality experiences to make workouts more engaging and fun.
- Eco-Friendly Equipment: Exercise equipment made from sustainable materials and designed to reduce energy consumption.
- Wearable Technology: Exercise equipment that incorporates wearable technology such as fitness trackers and heart rate monitors to provide users with real-time feedback on their workouts.
- Multi-Functional Equipment: Exercise equipment that can be used for multiple exercises and workouts, providing users with more versatility and value.
NAICS Code 423910-15 - Exercise Equipment (Wholesale)
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