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

• Confetti cannons
• Confetti blowers
• Confetti launchers
• Confetti machines
• Confetti poppers
• Confetti shooters
• Confetti streamers
• Confetti throwers
• Confetti tubes
• Confetti wands

Common products and services typical of NAICS Code 423920-05, illustrating the main business activities and contributions to the market.

• Wedding planners
• Event rental companies
• Party supply stores
• Balloon shops
• Event venues
• Nightclubs
• Concert promoters
• Theater companies
• Film production companies
• Advertising agencies

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

• Hazardous Materials Endorsement (HME): Required for drivers who transport hazardous materials. Issued by the Transportation Security Administration (TSA).
• Commercial Driver's License (CDL): Required for drivers who operate commercial motor vehicles (CMVs) with a gross weight of 26,001 pounds or more, or who transport hazardous materials. Issued by the Federal Motor Carrier Safety Administration (FMCSA).
• Occupational Safety and Health Administration (OSHA) Hazard Communication Standard: Requires employers to provide information and training to employees about hazardous chemicals in the workplace. Issued by OSHA.
• Consumer Product Safety Improvement Act (CPSIA): Requires manufacturers, importers, and distributors of children's products to comply with safety standards and testing requirements. Issued by the Consumer Product Safety Commission (CPSC).
• National Fire Protection Association (NFPA) 1124: Standard for the Storage, Use, and Handling of Consumer Fireworks: Provides guidelines for the safe storage, handling, and use of consumer fireworks. Issued by the NFPA.

A concise historical narrative of NAICS Code 423920-05 covering global milestones and recent developments within the United States.

• Confetti has been used for centuries in various celebrations and events, such as weddings, birthdays, and carnivals. The first recorded use of confetti dates back to ancient China, where paper was cut into small pieces and thrown during celebrations. In the 19th century, confetti became popular in Europe, and the first confetti factory was established in Italy in the 1870s. In the United States, confetti gained popularity in the early 20th century, and the first confetti-making machine was patented in 1927. Today, confetti is used in a variety of events, from sports games to political rallies, and is available in a wide range of colors, shapes, and sizes. In recent years, the confetti industry has seen a surge in demand due to the growing popularity of social media and the trend of creating Instagram-worthy moments. Confetti has become a staple in events such as weddings, gender reveals, and baby showers, and is often used as a way to add a touch of fun and excitement to these occasions. Additionally, the rise of e-commerce has made it easier for consumers to purchase confetti in bulk, leading to an increase in online sales for confetti wholesalers. Overall, the confetti industry has experienced steady growth in recent years and is expected to continue to do so in the future.

The anticipated future trajectory of the NAICS 423920-05 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Confetti (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for confetti in various events such as weddings, birthdays, and other celebrations. The rise in disposable income and the growing trend of social media sharing are also expected to contribute to the growth of the industry. Additionally, the industry is expected to benefit from the increasing popularity of DIY projects and the growing demand for eco-friendly and biodegradable confetti. However, the industry may face challenges such as the increasing competition from substitute products and the impact of the COVID-19 pandemic on the events industry.

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

• Biodegradable Confetti: With the growing concern for the environment, the industry has seen a rise in the demand for biodegradable confetti. Biodegradable confetti is made from natural materials such as rice paper, flower petals, and leaves, which decompose quickly and do not harm the environment.
• Customized Confetti: The industry has seen an increase in the demand for customized confetti, which can be personalized with names, logos, or messages. This trend has been driven by the growing popularity of social media and the desire for unique and memorable events.
• Confetti Cannons: Confetti cannons are a popular innovation in the industry, which allows for a dramatic and exciting confetti release. These cannons are used in various events such as concerts, sports games, and weddings.
• Metallic Confetti: Metallic confetti has become a popular trend in the industry, which adds a touch of glamour and elegance to events. Metallic confetti is available in various colors and shapes and is often used in weddings and other formal events.
• Confetti Balloons: Confetti balloons are a recent innovation in the industry, which adds a fun and playful element to events. These balloons are filled with confetti and can be popped to release the confetti. Confetti balloons are often used in birthdays and other celebrations.