NAICS Code 423930-40 - Appliances Recycling (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

13

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NAICS Code 423930-40 Description (8-Digit)

Appliances Recycling (Wholesale) is a subdivision of the NAICS Code 423930 that involves the wholesale distribution of used or discarded appliances for the purpose of recycling. This industry is responsible for collecting, sorting, and processing appliances such as refrigerators, washing machines, dryers, and other household appliances that are no longer in use. The goal of this industry is to reduce waste and promote sustainability by salvaging usable parts and materials from discarded appliances.

Hierarchy Navigation for NAICS Code 423930-40

Tools

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

  • Appliance dolly
  • Hand truck
  • Pallet jack
  • Wire cutters
  • Screwdrivers
  • Pliers
  • Wrenches
  • Hammers
  • Sledgehammers
  • Crowbars
  • Bolt cutters
  • Wire strippers
  • Tin snips
  • Reciprocating saws
  • Circular saws
  • Angle grinders
  • Welding equipment
  • Safety gear (gloves, goggles, masks)

Industry Examples of Appliances Recycling (Wholesale)

Common products and services typical of NAICS Code 423930-40, illustrating the main business activities and contributions to the market.

  • Refrigerator recycling
  • Washer and dryer recycling
  • Oven and stove recycling
  • Microwave recycling
  • Dishwasher recycling
  • Air conditioner recycling
  • Water heater recycling
  • Trash compactor recycling
  • Freezer recycling
  • Dehumidifier recycling

Certifications, Compliance and Licenses for NAICS Code 423930-40 - Appliances Recycling (Wholesale)

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

  • R2: Responsible Recycling: This certification is provided by Sustainable Electronics Recycling International (SERI) and is a standard for electronics recyclers. It ensures that the recycler follows environmentally and socially responsible practices. The certification covers the entire recycling process, from collection to final disposition.
  • ISO 14001: Environmental Management System: This certification is provided by the International Organization for Standardization (ISO) and is a standard for environmental management systems. It ensures that the recycler has an effective environmental management system in place to minimize the impact of its operations on the environment.
  • OHSAS 18001: Occupational Health and Safety Management System: This certification is provided by the British Standards Institution (BSI) and is a standard for occupational health and safety management systems. It ensures that the recycler has an effective health and safety management system in place to protect its employees and others from work-related accidents and illnesses.
  • NAID AAA Certification: This certification is provided by the National Association for Information Destruction (NAID) and is a standard for information destruction. It ensures that the recycler follows secure and responsible practices for the destruction of confidential information.
  • EPA ID Number: This is a permit provided by the Environmental Protection Agency (EPA) and is required for hazardous waste generators. It ensures that the recycler follows proper procedures for the handling, storage, and disposal of hazardous waste.

History

A concise historical narrative of NAICS Code 423930-40 covering global milestones and recent developments within the United States.

  • The "Appliances Recycling (Wholesale)" industry has its roots in the early 20th century when the first electric appliances were introduced. The industry started to grow in the 1960s when the first recycling programs were established in the United States. The recycling of appliances became more popular in the 1980s when environmental concerns became more prevalent. In the 1990s, the industry experienced a significant boost due to the introduction of new technologies that made recycling more efficient and cost-effective. In recent years, the industry has continued to grow due to increased awareness of the environmental impact of waste and the need for sustainable practices. For example, in 2019, the US Environmental Protection Agency (EPA) reported that the recycling rate for major appliances in the US was 60.6%, up from 55.5% in 2010. Recent US

Future Outlook for Appliances Recycling (Wholesale)

The anticipated future trajectory of the NAICS 423930-40 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: In recent years, the "Appliances Recycling (Wholesale)" industry in the United States has continued to grow due to increased demand for sustainable practices and the need to reduce waste. The industry has also been impacted by changes in regulations and policies related to waste management. For example, in 2018, China, which was the largest importer of US recyclable materials, implemented new restrictions on the import of certain types of waste, including plastics and mixed paper. This led to a significant shift in the US recycling industry, with many companies focusing on domestic processing and new markets. Despite these challenges, the "Appliances Recycling (Wholesale)" industry has continued to grow, with new technologies and innovations making recycling more efficient and cost-effective.

    The future outlook for the Appliances Recycling (Wholesale) industry in the USA is positive due to the increasing demand for recycled appliances. The industry is expected to grow due to the rising awareness of environmental issues and the need to reduce waste. The increasing adoption of energy-efficient appliances is also expected to drive the growth of the industry. The industry is also expected to benefit from government initiatives aimed at promoting recycling and reducing waste. However, the industry may face challenges such as the high cost of recycling and the availability of cheaper alternatives. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 423930-40

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

  • Smart Appliance Recycling: Smart appliances are equipped with sensors that can detect when they are no longer in use or when they need to be repaired. This technology can help reduce waste and increase the efficiency of the recycling process.
  • Recycling Robots: Recycling robots are being developed to automate the recycling process and increase efficiency. These robots can sort and separate different materials, making the recycling process faster and more accurate.
  • Appliance Refurbishment: Refurbishing appliances is becoming more popular as a way to reduce waste and extend the life of appliances. Refurbished appliances can be sold at a lower cost, making them more accessible to consumers.
  • Energy Recovery: Energy recovery is a process that involves converting waste into energy. This technology can help reduce waste and provide a source of renewable energy.
  • Circular Economy: The circular economy is a concept that aims to reduce waste by keeping products and materials in use for as long as possible. This approach can help reduce the environmental impact of the Appliances Recycling (Wholesale) industry and promote sustainability.

NAICS Code 423930-40 - Appliances Recycling (Wholesale)

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