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

• Native American jewelry-making tools (e.g. pliers, wire cutters, hammers, anvils)
• Pottery-making tools (e.g. clay, pottery wheel, kiln, carving tools)
• Basket-making tools (e.g. reeds, weaving tools, scissors)
• Rug-making tools (e.g. loom, yarn, shuttle)
• Blanket-making tools (e.g. loom, wool, dye)
• Leatherworking tools (e.g. needles, thread, leather)
• Beading tools (e.g. needles, thread, beads)
• Woodworking tools (e.g. carving tools, sandpaper, saws)
• Painting and drawing tools (e.g. paintbrushes, canvas, paint, pencils)
• Sculpting tools (e.g. clay, carving tools, modeling tools)

Common products and services typical of NAICS Code 423940-10, illustrating the main business activities and contributions to the market.

• Native American pottery
• Navajo rugs
• Hopi kachina dolls
• Zuni fetishes
• Cherokee baskets
• Lakota quillwork
• Apache beadwork
• Iroquois masks
• Seminole patchwork
• Inuit carvings

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

• Indian Arts and Crafts Act: This act requires that any product marketed as Native American art or craft must be made by a Native American. The Indian Arts and Crafts Board provides certification for this.
• Native American Graves Protection and Repatriation Act (NAGPRA): This act requires that any Native American human remains, funerary objects, sacred objects, or objects of cultural patrimony be returned to their respective tribes. Compliance with this act is overseen by the National Park Service.
• Tribal Business Council Certification: Some tribes require that businesses operating on their land be certified by the tribal business council. This certification ensures that the business is operating in accordance with tribal laws and regulations. No link available
• Tax ID Number: All businesses in the US are required to have a tax ID number, which is issued by the Internal Revenue Service (IRS). This number is used to identify the business for tax purposes.
• Sales Tax Permit: Wholesale businesses are required to collect sales tax on their sales. A sales tax permit is required to do so. The requirements for obtaining a sales tax permit vary by state. No link available

A concise historical narrative of NAICS Code 423940-10 covering global milestones and recent developments within the United States.

• The Native American Goods (Wholesale) industry has a long and rich history that dates back centuries. Native American tribes have been creating and trading goods such as jewelry, pottery, and textiles for generations. The introduction of European settlers to the Americas in the 16th century brought new materials and techniques to the Native American artisans, leading to the creation of new styles and designs. In the 19th century, the US government began to establish Indian reservations, which led to the concentration of Native American artisans in specific areas. This concentration allowed for the development of specialized markets for Native American goods. In recent history, the Native American Goods (Wholesale) industry has faced challenges such as cultural appropriation and the exploitation of Native American artisans. However, there has also been a growing appreciation for authentic Native American goods, leading to an increase in demand for these products.

The anticipated future trajectory of the NAICS 423940-10 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The Native American Goods (Wholesale) industry in the USA is expected to grow in the coming years due to the increasing demand for authentic Native American products. The industry is expected to benefit from the growing interest in Native American culture and heritage, which is driving demand for traditional Native American goods. Additionally, the industry is expected to benefit from the growing popularity of e-commerce, which is making it easier for wholesalers to reach a wider audience. However, the industry may face challenges from the increasing competition from overseas manufacturers and the rising cost of raw materials. Overall, the industry is expected to experience moderate growth in the coming years.

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

• Native American Jewelry Made with Sustainable Materials: Some Native American jewelry makers are now using sustainable materials like recycled silver and ethically sourced stones to create their products. This is helping to reduce the environmental impact of the industry and appeal to consumers who are concerned about sustainability.
• Online Marketplaces for Native American Goods: Several online marketplaces have emerged in recent years that specialize in Native American goods. These marketplaces make it easier for wholesalers to reach a wider audience and for consumers to find authentic Native American products.
• Collaborations with Fashion Designers: Some Native American wholesalers are collaborating with fashion designers to create unique products that blend traditional Native American designs with modern fashion. These collaborations are helping to raise the profile of the industry and appeal to a wider audience.
• Increased Focus on Authenticity: With the rise of counterfeit Native American goods, many wholesalers are placing a greater emphasis on authenticity. This includes using certification programs and working with Native American tribes to ensure that their products are authentic.
• Expansion Into International Markets: Some Native American wholesalers are expanding into international markets, particularly in Europe and Asia. This is helping to increase demand for Native American goods and provide new opportunities for growth.