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

• Luggage scales
• Packing cubes
• Luggage tags
• Garment bags
• Travel locks
• Luggage straps
• Shoe bags
• Travel pillows
• Toiletry bags
• Rolling carts

Common products and services typical of NAICS Code 423990-23, illustrating the main business activities and contributions to the market.

• Suitcases
• Backpacks
• Duffel bags
• Briefcases
• Tote bags
• Messenger bags
• Garment bags
• Laptop bags
• Travel bags
• Rolling luggage

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

• Hazardous Materials Endorsement (HME): A certification required by the Transportation Security Administration (TSA) for drivers who transport hazardous materials. The certification ensures that the driver is aware of the risks and regulations associated with transporting hazardous materials.
• International Air Transport Association (IATA) Dangerous Goods Regulations (DGR): A certification required for those who handle, package, or transport dangerous goods by air. The certification ensures that the individual is aware of the regulations and safety requirements for handling dangerous goods.
• Occupational Safety and Health Administration (OSHA) Hazard Communication Standard (HCS): A certification required for those who work with hazardous chemicals. The certification ensures that the individual is aware of the risks associated with handling hazardous chemicals and knows how to properly label and handle them.
• International Organization for Standardization (ISO) 9001:2015: A certification for quality management systems. The certification ensures that the company has a quality management system in place that meets international standards.
• Customs-Trade Partnership Against Terrorism (C-TPAT): A certification for companies involved in international trade. The certification ensures that the company has a secure supply chain and is taking steps to prevent terrorism.

A concise historical narrative of NAICS Code 423990-23 covering global milestones and recent developments within the United States.

• The luggage industry has a long history dating back to ancient times when people used animal hides and woven baskets to carry their belongings. In the 19th century, the industrial revolution brought about the mass production of luggage, and companies like Louis Vuitton and Hartmann began producing high-quality luggage for the wealthy. In the 20th century, the introduction of new materials like nylon and polycarbonate revolutionized the industry, making luggage more lightweight and durable. In recent years, the rise of e-commerce has changed the way people shop for luggage, with many consumers opting to purchase online rather than in-store. Additionally, the COVID-19 pandemic has had a significant impact on the industry, with travel restrictions and reduced demand for travel leading to a decline in sales.

The anticipated future trajectory of the NAICS 423990-23 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Shrinking

  The future outlook for the Luggage (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for luggage products from the travel and tourism industry. The rise in disposable income and the growing trend of adventure tourism are also expected to drive the growth of the industry. The industry is also expected to benefit from the increasing popularity of online shopping, which has made it easier for wholesalers to reach a wider customer base. However, the industry may face challenges due to the increasing competition from low-cost imports and the rising cost of raw materials. Overall, the industry is expected to grow steadily in the coming years.

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

• Smart Luggage: Smart luggage is a recent innovation in the luggage industry that has gained popularity in recent years. Smart luggage comes with features such as GPS tracking, built-in scales, and USB charging ports, making it easier for travelers to keep track of their luggage and stay connected while on the go.
• Eco-Friendly Luggage: With the growing concern for the environment, eco-friendly luggage has become a recent trend in the luggage industry. Eco-friendly luggage is made from sustainable materials such as recycled plastic, organic cotton, and bamboo, making it a popular choice among environmentally conscious consumers.
• Lightweight Luggage: Lightweight luggage is another recent innovation in the luggage industry that has gained popularity in recent years. Lightweight luggage is made from lightweight materials such as polycarbonate and aluminum, making it easier for travelers to carry their luggage around without adding extra weight.
• Anti-Theft Luggage: Anti-theft luggage is a recent innovation in the luggage industry that has gained popularity in recent years. Anti-theft luggage comes with features such as slash-proof fabric, lockable zippers, and RFID blocking technology, making it more secure and less vulnerable to theft.
• Customizable Luggage: Customizable luggage is a recent innovation in the luggage industry that allows consumers to personalize their luggage with their own designs and logos. This has become a popular trend among consumers who want to express their individuality and stand out from the crowd.