NAICS Code 423920-18 - Miniatures For Collectors (Wholesale)
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NAICS Code 423920-18 Description (8-Digit)
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Tools
Tools commonly used in the Miniatures For Collectors (Wholesale) industry for day-to-day tasks and operations.
- Miniature paintbrushes
- Precision knives
- Tweezers
- Magnifying glasses
- Airbrushes
- Sculpting tools
- Sandpaper
- Adhesives
- Paints and pigments
- Miniature saws
Industry Examples of Miniatures For Collectors (Wholesale)
Common products and services typical of NAICS Code 423920-18, illustrating the main business activities and contributions to the market.
- Dollhouse miniatures
- Model cars and trucks
- Miniature furniture
- Collectible figurines
- Tiny food replicas
- Miniature animals
- Scale model buildings
- Miniature plants and flowers
- Historical miniatures
- Fantasy miniatures
Certifications, Compliance and Licenses for NAICS Code 423920-18 - Miniatures For Collectors (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ASTM F963: This certification is required for toys and children's products to ensure that they meet safety standards set by the Consumer Product Safety Commission (CPSC). The certification is provided by the American Society for Testing and Materials (ASTM).
- CPSIA: The Consumer Product Safety Improvement Act (CPSIA) is a federal law that requires all children's products to be tested for safety and compliance with CPSC regulations.
- Prop 65: Proposition 65 is a California law that requires businesses to provide warnings to consumers about significant exposures to chemicals that cause cancer, birth defects, or other reproductive harm. This regulation applies to products sold in California.
- FCC Part 15: This certification is required for electronic devices that emit radio frequency energy. It ensures that the device does not interfere with other electronic devices. The certification is provided by the Federal Communications Commission (FCC).
- UL Certification: UL Certification is a safety certification provided by Underwriters Laboratories (UL). It ensures that the product meets safety standards set by UL.
History
A concise historical narrative of NAICS Code 423920-18 covering global milestones and recent developments within the United States.
- The "Miniatures For Collectors (Wholesale)" industry has a long and rich history dating back to ancient times. Miniature objects were used as status symbols by the wealthy and powerful in ancient Egypt, Greece, and Rome. In the Middle Ages, miniature objects were used as religious icons and for personal devotion. The first miniature dolls were produced in Germany in the 16th century, and the first miniature houses were created in the 18th century. The industry continued to grow and evolve throughout the 19th and 20th centuries, with the introduction of new materials and manufacturing techniques. In recent history, the industry has seen a surge in popularity due to the rise of social media and online marketplaces, which have made it easier for collectors to connect and share their collections. Today, the industry continues to thrive, with a wide range of miniature objects available for collectors to enjoy.
Future Outlook for Miniatures For Collectors (Wholesale)
The anticipated future trajectory of the NAICS 423920-18 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 future outlook for the Miniatures For Collectors (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing popularity of miniature collectibles among hobbyists and collectors. The rise of e-commerce platforms has made it easier for wholesalers to reach a wider audience, and the industry is expected to benefit from this trend. Additionally, the industry is likely to benefit from the growing interest in tabletop gaming, which often involves the use of miniature figurines. However, the industry may face challenges from the increasing availability of 3D printing technology, which could potentially disrupt the traditional supply chain for miniature collectibles.
Industry Innovations for NAICS Code 423920-18
Recent groundbreaking advancements and milestones in the Miniatures For Collectors (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- 3D Printing: The advent of 3D printing technology has revolutionized the Miniatures For Collectors (Wholesale) industry, allowing for the creation of highly detailed and customizable miniature figurines.
- Augmented Reality: Some companies have begun to incorporate augmented reality technology into their miniature collectibles, allowing users to view the figurines in a virtual environment.
- Licensing Agreements: Many miniature collectibles are based on popular franchises such as Star Wars or Game of Thrones, and companies have begun to secure licensing agreements to produce official merchandise.
- Improved Materials: Advances in materials science have allowed for the creation of miniature figurines that are more durable and resistant to damage.
- Online Marketplaces: The rise of online marketplaces such as Etsy and eBay has made it easier for wholesalers to reach a wider audience and sell their products directly to consumers.
NAICS Code 423920-18 - Miniatures For Collectors (Wholesale)
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