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NAICS Code 423940-24 - Rhinestones (Wholesale)
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Looking for more companies? See NAICS 423940 - Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers - 2,350 companies, 8,237 emails.
NAICS Code 423940-24 Description (8-Digit)
The Rhinestones (Wholesale) industry involves the wholesale distribution of rhinestones, which are small, glittering stones made of glass or plastic that are used to decorate clothing, accessories, and other items. Rhinestones are often used as a more affordable alternative to precious stones like diamonds, and are popular in the fashion and entertainment industries for their ability to add sparkle and glamour to a wide range of products.
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 Rhinestones (Wholesale) industry for day-to-day tasks and operations.
- Rhinestone applicator wand
- Hotfix rhinestone setter
- Rhinestone picker tool
- Rhinestone template material
- Rhinestone transfer tape
- Rhinestone brush
- Rhinestone glue
- Rhinestone storage containers
- Rhinestone cleaning brush
- Rhinestone setting machine
Industry Examples of Rhinestones (Wholesale)
Common products and services typical of NAICS Code 423940-24, illustrating the main business activities and contributions to the market.
- Rhinestone-studded clothing
- Rhinestone jewelry
- Rhinestone-encrusted phone cases
- Rhinestone-embellished shoes
- Rhinestone hair accessories
- Rhinestone-encrusted sunglasses
- Rhinestone-embellished handbags
- Rhinestone-encrusted belts
- Rhinestone-embellished hats
- Rhinestone-encrusted watches
History
A concise historical narrative of NAICS Code 423940-24 covering global milestones and recent developments within the United States.
- The history of the Rhinestones (Wholesale) industry dates back to the 18th century when the first rhinestones were created in Bohemia, now the Czech Republic. These stones were made of glass and were used as a substitute for diamonds. In the 19th century, the production of rhinestones spread to other parts of Europe, including France and Austria. The industry continued to grow, and by the 20th century, rhinestones were being produced in the United States as well. During World War II, rhinestones became popular in the US as a way to add sparkle to clothing and accessories during a time of rationing. In recent years, the popularity of rhinestones has continued to grow, with new technologies allowing for the creation of more intricate designs and a wider range of colors. Today, rhinestones are used in a variety of industries, including fashion, jewelry, and home decor. In the United States, the Rhinestones (Wholesale) industry has seen significant growth in recent years. According to a report by Statista, the US rhinestone market was valued at $1.2 billion in 2019 and is expected to reach $1.5 billion by 2025. This growth can be attributed to several factors, including the popularity of rhinestones in the fashion industry, the rise of e-commerce, and the increasing demand for customizable products. In addition, advancements in technology have made it easier and more cost-effective to produce rhinestones, leading to increased availability and affordability for consumers. Overall, the Rhinestones (Wholesale) industry in the US is thriving and shows no signs of slowing down.