NAICS Code 423940-01 - Beads (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423940-01 Description (8-Digit)

The Beads (Wholesale) industry involves the distribution of beads made from various materials such as glass, plastic, wood, metal, and stone. These beads are used for a variety of purposes including jewelry making, clothing embellishment, and home decor. Companies in this industry typically purchase beads in bulk from manufacturers and sell them to retailers, designers, and hobbyists.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 423940 page

Tools

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

  • Bead loom
  • Beading needles
  • Wire cutters
  • Pliers
  • Bead reamer
  • Bead scoop
  • Bead board
  • Crimping pliers
  • Knotting tool
  • Bead spinner

Industry Examples of Beads (Wholesale)

Common products and services typical of NAICS Code 423940-01, illustrating the main business activities and contributions to the market.

  • Glass beads
  • Seed beads
  • Wooden beads
  • Metal beads
  • Stone beads
  • Ceramic beads
  • Plastic beads
  • Crystal beads
  • Shell beads
  • Pearl beads

History

A concise historical narrative of NAICS Code 423940-01 covering global milestones and recent developments within the United States.

  • The history of the "Beads (Wholesale)" industry dates back to ancient times when beads were used as currency, for religious purposes, and as a symbol of wealth. The ancient Egyptians, Greeks, and Romans used beads for jewelry, decoration, and trade. In the Middle Ages, beads were used for religious purposes, and during the Renaissance, they became a symbol of wealth and status. In the 19th century, the Industrial Revolution brought mass production of beads, and they became more affordable and accessible to the general public. In the United States, the popularity of beads increased in the 1960s and 1970s with the rise of the hippie movement and the use of beads in fashion and jewelry. Today, beads are used for a variety of purposes, including jewelry making, home decor, and crafts. Recent history of the "Beads (Wholesale)" industry in the United States has been shaped by the rise of e-commerce and the decline of brick-and-mortar stores. The COVID-19 pandemic has accelerated this trend, with many consumers turning to online shopping for their bead and jewelry needs. The industry has also seen an increase in demand for sustainable and eco-friendly products, with many wholesalers offering recycled and upcycled beads. Additionally, there has been a growing interest in DIY and handmade crafts, which has led to an increase in demand for beads and jewelry-making supplies. Overall, the "Beads (Wholesale)" industry has adapted to changing consumer trends and continues to thrive in the United States.