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

• Jewelry pliers
• Wire cutters
• Beading needles
• Crimping pliers
• Jewelry hammers
• Jewelry saws
• Glue guns
• Jewelry scales
• Jewelry design software
• Jewelry polishing cloths

Common products and services typical of NAICS Code 423940-05, illustrating the main business activities and contributions to the market.

• Fashion necklaces
• Statement earrings
• Beaded bracelets
• Brooches and pins
• Hair accessories
• Costume rings
• Body jewelry
• Anklets
• Toe rings
• Jewelry sets

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

• Consumer Product Safety Improvement Act (CPSIA): The CPSIA regulates the safety of consumer products, including costume jewelry, by setting limits on lead and phthalate content. The Consumer Product Safety Commission (CPSC) provides certification for compliance with CPSIA regulations.
• California Proposition 65: This regulation requires businesses to provide warnings to Californians about significant exposures to chemicals that cause cancer, birth defects, or other reproductive harm. Costume jewelry may contain lead, cadmium, and other chemicals that require a warning under Proposition 65.
• Occupational Safety and Health Administration (OSHA) Hazard Communication Standard: This standard requires employers to provide information to employees about hazardous chemicals in the workplace, including those used in the manufacture of costume jewelry. OSHA provides certification for compliance with this standard.
• International Organization for Standardization (ISO) 9001: This certification sets standards for quality management systems and can be applied to any industry, including costume jewelry wholesale. ISO provides certification for compliance with this standard.
• Responsible Jewellery Council (RJC) Certification: This certification sets standards for ethical, social, and environmental practices in the jewelry supply chain. The RJC provides certification for compliance with these standards.

A concise historical narrative of NAICS Code 423940-05 covering global milestones and recent developments within the United States.

• The costume jewelry industry has a long and rich history dating back to ancient civilizations such as Egypt, Greece, and Rome. In the 18th and 19th centuries, costume jewelry became popular in Europe, and by the 20th century, it had spread to the United States. During the 1920s, costume jewelry became a fashion staple, with designers such as Coco Chanel and Elsa Schiaparelli creating bold and innovative pieces. In the 1950s and 1960s, costume jewelry became more affordable and accessible to the masses, with companies such as Coro, Trifari, and Monet producing high-quality pieces at reasonable prices. In recent years, the costume jewelry industry has continued to evolve, with designers experimenting with new materials and techniques to create unique and innovative pieces. In the United States, the costume jewelry industry has a rich history dating back to the early 20th century. During the 1920s, costume jewelry became a popular fashion accessory, with designers such as Coco Chanel and Elsa Schiaparelli creating bold and innovative pieces. In the 1950s and 1960s, costume jewelry became more affordable and accessible to the masses, with companies such as Coro, Trifari, and Monet producing high-quality pieces at reasonable prices. In recent years, the industry has continued to evolve, with designers experimenting with new materials and techniques to create unique and innovative pieces. Today, the costume jewelry industry is a thriving and dynamic sector of the fashion industry, with a wide range of styles and designs to choose from.

The anticipated future trajectory of the NAICS 423940-05 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The costume jewelry wholesale industry in the USA is expected to grow in the coming years due to the increasing demand for affordable and trendy jewelry. The industry is expected to benefit from the growing e-commerce sector, which has made it easier for wholesalers to reach a wider audience. Additionally, the rise of fast fashion has led to an increase in demand for costume jewelry, which is expected to drive growth in the industry. However, the industry may face challenges due to the increasing competition from low-cost imports and the rising prices of raw materials. Overall, the industry is expected to grow steadily in the coming years.

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

• Personalized Jewelry: Many costume jewelry wholesalers are now offering personalized jewelry options, allowing customers to create unique pieces that reflect their personal style.
• Sustainable Materials: Some costume jewelry wholesalers are now using sustainable materials such as recycled metals and ethically sourced gemstones to appeal to environmentally conscious consumers.
• Smart Jewelry: Some costume jewelry wholesalers are incorporating technology into their products, such as smartwatches and fitness trackers, to appeal to tech-savvy consumers.
• Social Media Marketing: Many costume jewelry wholesalers are using social media platforms such as Instagram and Facebook to reach a wider audience and showcase their products.
• Virtual Try-On: Some costume jewelry wholesalers are now offering virtual try-on options, allowing customers to see how the jewelry will look on them before making a purchase.