NAICS Code 423940-32 - Watch Straps & Bands (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 423940-32
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NAICS Code 423940-32 Description (8-Digit)

Watch Straps & Bands (Wholesale) is a subdivision of the Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesalers industry. This industry involves the wholesale distribution of watch straps and bands made of various materials such as leather, metal, rubber, and nylon. The companies operating in this industry purchase these products from manufacturers and sell them to retailers, watch repair shops, and other businesses that deal with watches.

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 Watch Straps & Bands (Wholesale) industry for day-to-day tasks and operations.

  • Strap cutting machine
  • Leather hole punch
  • Strap edge beveler
  • Strap cutter
  • Strap hole punch pliers
  • Strap end punch
  • Strap edge dye
  • Strap edge roller
  • Strap edge paintbrush
  • Strap edge burnisher

Industry Examples of Watch Straps & Bands (Wholesale)

Common products and services typical of NAICS Code 423940-32, illustrating the main business activities and contributions to the market.

  • Leather watch straps
  • Metal watch bands
  • Rubber watch straps
  • Nylon watch bands
  • Silicone watch straps
  • Canvas watch bands
  • Perlon watch straps
  • Mesh watch bands
  • Crocodile watch straps
  • Alligator watch bands

History

A concise historical narrative of NAICS Code 423940-32 covering global milestones and recent developments within the United States.

  • The history of the Watch Straps & Bands (Wholesale) industry dates back to the early 20th century when wristwatches became popular. The first wristwatch was invented in 1868, but it was not until the early 1900s that they became fashionable. The first watch straps were made of leather, and it was not until the 1960s that metal straps became popular. In the 1980s, the industry saw a shift towards more durable and fashionable straps, with the introduction of nylon and rubber straps. In recent years, the industry has seen a trend towards smartwatch bands, with companies like Apple and Samsung leading the way. In the United States, the Watch Straps & Bands (Wholesale) industry has seen significant growth in recent years. The rise of e-commerce has made it easier for consumers to purchase watch straps online, and the industry has responded by offering a wider range of products. In addition, the trend towards smartwatches has led to an increase in demand for high-quality bands that are both functional and fashionable. Overall, the industry has seen steady growth in the United States, with no signs of slowing down in the near future.