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

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

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

• Conflict-Free Sourcing Initiative (CFSI): The CFSI is an organization that provides certification for companies that source minerals responsibly and ethically. Rhinestone wholesalers may need to obtain this certification to ensure that their products are not sourced from conflict zones.
• Responsible Jewellery Council (RJC) Certification: The RJC is an organization that provides certification for companies that meet ethical, social, and environmental standards in the jewelry supply chain. Rhinestone wholesalers may need to obtain this certification to ensure that their products are responsibly sourced and produced.
• US Customs and Border Protection (CBP) Importer Security Filing (ISF) Certification: Rhinestone wholesalers that import products into the US may need to obtain this certification to comply with CBP regulations. The ISF certification requires importers to provide advance information about their shipments to CBP.
• US Environmental Protection Agency (EPA) Toxic Substances Control Act (TSCA) Certification: Rhinestone wholesalers that import or manufacture products containing certain chemicals may need to obtain this certification to comply with EPA regulations. The TSCA certification requires companies to report information about the chemical substances in their products.
• US Occupational Safety and Health Administration (OSHA) Hazard Communication Standard (HCS) Certification: Rhinestone wholesalers that manufacture or handle hazardous chemicals may need to obtain this certification to comply with OSHA regulations. The HCS certification requires companies to provide information about the hazards of their products to employees and customers.

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.

The anticipated future trajectory of the NAICS 423940-24 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The future outlook for the Rhinestones (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for rhinestones in various applications such as jewelry, clothing, and accessories. The growth of the fashion industry and the increasing popularity of DIY projects are also expected to drive the demand for rhinestones. Additionally, the rise of e-commerce platforms has made it easier for wholesalers to reach a wider customer base, which is expected to further boost the growth of the industry.

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

• Introduction Of New Rhinestone Colors: Manufacturers have been introducing new colors of rhinestones to cater to the changing demands of customers. This has helped wholesalers to offer a wider range of products to their customers.
• Use Of Eco-Friendly Materials: Some manufacturers have started using eco-friendly materials to produce rhinestones. This has helped wholesalers to cater to the growing demand for sustainable products.
• Development Of New Application Techniques: Manufacturers have been developing new techniques to apply rhinestones to various surfaces. This has helped wholesalers to offer customized solutions to their customers.
• Use Of Automation In Production: Some manufacturers have started using automation in the production of rhinestones. This has helped to reduce production costs and increase efficiency.
• Expansion Of Product Lines: Some wholesalers have expanded their product lines to include other types of embellishments such as sequins and beads. This has helped to diversify their product offerings and cater to a wider customer base.