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NAICS Code 423910-18 Description (8-Digit)

Fishing Tackle (Wholesale) is a subdivision of the Sporting and Recreational Goods and Supplies Merchant Wholesalers industry. This industry involves the wholesale distribution of fishing equipment and supplies to retailers, such as fishing rods, reels, lures, lines, hooks, nets, and other fishing accessories. Fishing Tackle (Wholesale) companies purchase these products from manufacturers and sell them to retailers at a markup.

Hierarchy Navigation for NAICS Code 423910-18

Tools

Tools commonly used in the Fishing Tackle (Wholesale) industry for day-to-day tasks and operations.

  • Fishing rods
  • Fishing reels
  • Fishing lures
  • Fishing lines
  • Fishing hooks
  • Fishing nets
  • Fishing pliers
  • Fishing scissors
  • Fishing tackle boxes
  • Fishing waders
  • Fishing vests
  • Fishing hats
  • Fishing sunglasses
  • Fishing gloves
  • Fishing scales
  • Fishing rod holders
  • Fishing rod racks
  • Fishing rod cases
  • Fishing line spoolers

Industry Examples of Fishing Tackle (Wholesale)

Common products and services typical of NAICS Code 423910-18, illustrating the main business activities and contributions to the market.

  • Fishing rods and reels
  • Fishing lures and baits
  • Fishing lines and hooks
  • Fishing nets and traps
  • Fishing accessories and tools
  • Fishing apparel and footwear
  • Fishing kayaks and canoes
  • Fishing boats and motors
  • Fishing electronics and sonar
  • Fishing books and magazines

Certifications, Compliance and Licenses for NAICS Code 423910-18 - Fishing Tackle (Wholesale)

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

  • US Coast Guard Captain's License: A certification required for those who operate vessels carrying passengers or cargo for hire. The license is issued by the US Coast Guard and requires applicants to pass a written exam, a physical exam, and a drug test. The license is valid for five years and must be renewed.
  • Commercial Fishing License: A license required for those who engage in commercial fishing activities. The license is issued by the state where the fishing activities take place and requires applicants to meet certain qualifications, such as residency and age requirements.
  • Import/export License: A license required for those who engage in the import or export of fishing tackle products. The license is issued by the US Department of Commerce and requires applicants to provide detailed information about their business activities.
  • Hazardous Materials Endorsement: A certification required for those who transport hazardous materials, such as fuel or chemicals, by land. The endorsement is issued by the US Department of Transportation and requires applicants to pass a background check and a written exam.
  • Occupational Safety and Health Administration (OSHA) Certification: A certification required for those who work in the fishing tackle industry and are exposed to hazardous materials or dangerous equipment. The certification is issued by OSHA and requires applicants to complete a training program and pass an exam.

History

A concise historical narrative of NAICS Code 423910-18 covering global milestones and recent developments within the United States.

  • The fishing tackle industry has a long history dating back to ancient times when people used simple tools like spears and nets to catch fish. The first fishing reel was invented in the 17th century, and the first fishing line was made of silk in the 18th century. The first artificial bait was invented in the 19th century, and the first fishing rod made of bamboo was introduced in the early 20th century. In the United States, the fishing tackle industry started to grow rapidly in the 1950s and 1960s, thanks to the increasing popularity of recreational fishing. The industry has continued to evolve with the introduction of new materials and technologies, such as graphite and carbon fiber rods, braided lines, and electronic fish finders. Recent history has seen the fishing tackle industry face challenges due to the decline in the number of people participating in recreational fishing. However, the industry has adapted by focusing on innovation and sustainability. For example, many companies are developing eco-friendly products and promoting catch-and-release practices. The rise of e-commerce has also had a significant impact on the industry, with many wholesalers now selling their products online. Overall, the fishing tackle industry has a rich history and continues to evolve to meet the changing needs of consumers.

Future Outlook for Fishing Tackle (Wholesale)

The anticipated future trajectory of the NAICS 423910-18 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The fishing tackle wholesale industry in the USA is expected to experience steady growth in the coming years. The increasing popularity of recreational fishing and the growing number of fishing enthusiasts are expected to drive demand for fishing tackle products. Additionally, the rise of e-commerce platforms and the increasing number of specialty fishing tackle stores are expected to boost sales. However, the industry may face challenges due to the impact of climate change on fish populations and the increasing regulations on fishing activities. Overall, the industry is expected to continue to grow steadily in the coming years.

Industry Innovations for NAICS Code 423910-18

Recent groundbreaking advancements and milestones in the Fishing Tackle (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Fishing Rods: These rods are equipped with sensors that can detect fish bites and send alerts to the angler's smartphone, making fishing more efficient and enjoyable.
  • Biodegradable Fishing Lines: These eco-friendly fishing lines are made from biodegradable materials that break down naturally, reducing the environmental impact of fishing.
  • Advanced Fish Finders: These devices use advanced sonar technology to detect fish and provide detailed information about their location and behavior, helping anglers to catch more fish.
  • Electric Fishing Reels: These reels use electric motors to retrieve fishing lines, making it easier for anglers to catch larger fish and reducing the risk of injury.
  • Fishing Drones: These drones can be used to locate fish from the air, providing anglers with a bird's eye view of the fishing area and helping them to find the best spots to fish.

NAICS Code 423910-18 - Fishing Tackle (Wholesale)

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