Tools commonly used in the Barrels & Drums-Used (Wholesale) industry for day-to-day tasks and operations.

• Barrel and drum cleaning equipment
• Forklifts
• Pallet jacks
• Drum wrenches
• Barrel and drum pumps
• Drum heaters
• Barrel and drum dollies
• Drum deheaders
• Barrel and drum crushers
• Drum mixers

Common products and services typical of NAICS Code 423930-04, illustrating the main business activities and contributions to the market.

• Used metal barrels
• Used plastic drums
• Reconditioned oil drums
• Used chemical barrels
• Used food-grade drums
• Used shipping barrels
• Used wine barrels
• Used whiskey barrels
• Used beer kegs
• Used fuel drums

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

• Hazardous Materials Transportation Permit: This permit is required for businesses that transport hazardous materials in the US. The permit is issued by the Federal Motor Carrier Safety Administration (FMCSA) and ensures that the transportation of hazardous materials is done safely and in compliance with regulations.
• Environmental Protection Agency (EPA) ID Number: This number is required for businesses that generate hazardous waste. The EPA ID number is issued by the EPA and ensures that hazardous waste is properly managed and disposed of.
• Occupational Safety and Health Administration (OSHA) Hazard Communication Standard: This standard requires businesses to provide information and training to employees about hazardous chemicals in the workplace. Compliance with this standard ensures that employees are aware of the hazards associated with the chemicals they work with and how to protect themselves.
• International Organization for Standardization (ISO) 14001: This certification is for businesses that have an environmental management system in place. Compliance with this standard ensures that the business is managing its environmental impact in a responsible and sustainable way.
• National Fire Protection Association (NFPA) 30: This standard provides guidelines for the storage, handling, and use of flammable and combustible liquids. Compliance with this standard ensures that businesses are storing and handling these materials safely.

A concise historical narrative of NAICS Code 423930-04 covering global milestones and recent developments within the United States.

• The "Barrels & Drums-Used (Wholesale)" industry has a long history dating back to the early 19th century when wooden barrels were used to transport goods such as flour, sugar, and whiskey. The industry saw significant growth during the industrial revolution when metal drums were introduced, and the demand for them increased. In the mid-20th century, the industry experienced a shift towards plastic drums, which were more durable and cost-effective. In recent years, the industry has seen a growing demand for sustainable and eco-friendly packaging solutions, leading to the development of reusable and recyclable drums and barrels. In the United States, the industry has been impacted by the growth of e-commerce and the increasing demand for online shopping, which has led to a rise in the need for packaging materials.

The anticipated future trajectory of the NAICS 423930-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Barrels & Drums-Used (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for sustainable and eco-friendly packaging solutions. The industry is also expected to benefit from the growing trend of circular economy, which emphasizes the reuse and recycling of materials. Additionally, the industry is expected to benefit from the increasing demand for industrial packaging solutions in various end-use industries such as chemicals, food and beverage, and pharmaceuticals. However, the industry may face challenges such as the availability of raw materials and the increasing competition from alternative packaging solutions. Overall, the industry is expected to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the Barrels & Drums-Used (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Reconditioning Of Used Barrels and Drums: The industry has been focusing on reconditioning used barrels and drums to extend their lifespan and reduce waste. This has been achieved through various processes such as cleaning, repairing, and repainting the barrels and drums. This innovation has helped the industry to reduce its environmental impact and provide cost-effective solutions to its customers.
• Use Of RFID Technology: The industry has been adopting RFID technology to improve its inventory management and tracking. This technology allows the industry to track the location and status of its products in real-time, which helps to improve efficiency and reduce costs.
• Collaboration with Other Industries: The industry has been collaborating with other industries such as the chemical and food and beverage industries to provide customized packaging solutions. This collaboration has helped the industry to expand its customer base and provide innovative solutions to its customers.
• Use Of Sustainable Materials: The industry has been focusing on using sustainable materials such as recycled plastic and metal to manufacture its products. This innovation has helped the industry to reduce its environmental impact and meet the growing demand for eco-friendly packaging solutions.
• Expansion Of Product Portfolio: The industry has been expanding its product portfolio to include a wide range of packaging solutions such as intermediate bulk containers, plastic drums, and composite drums. This innovation has helped the industry to cater to the diverse needs of its customers and provide comprehensive solutions.