NAICS Code 423990-24 - Magicians Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 423990-24 Description (8-Digit)

Magicians Supplies (Wholesale) is a subdivision of the Other Miscellaneous Durable Goods Merchant Wholesalers industry. This industry involves the wholesale distribution of various supplies and equipment used by magicians in their performances. Magicians Supplies (Wholesale) companies offer a wide range of products that cater to the needs of professional and amateur magicians alike.

Hierarchy Navigation for NAICS Code 423990-24

Tools

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

  • Card decks with special designs
  • Magic wands
  • Trick coins
  • Invisible thread
  • Flash paper
  • Silk scarves
  • Sponge balls
  • Thumb tips
  • Levitation devices
  • Smoke machines

Industry Examples of Magicians Supplies (Wholesale)

Common products and services typical of NAICS Code 423990-24, illustrating the main business activities and contributions to the market.

  • Magic tricks
  • Illusion props
  • Stage props
  • Costume accessories
  • Cardistry supplies
  • Escapology equipment
  • Mentalism props
  • Fire magic supplies
  • Close-up magic props
  • Stage lighting equipment

Certifications, Compliance and Licenses for NAICS Code 423990-24 - Magicians Supplies (Wholesale)

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

  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for employees who work with hazardous materials or in hazardous environments. It ensures that employees are trained to handle and dispose of hazardous materials safely. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • Hazardous Materials Endorsement (HME): This endorsement is required for drivers who transport hazardous materials. It ensures that drivers are trained to handle and transport hazardous materials safely. The endorsement is provided by the Department of Transportation (DOT).
  • Commercial Driver's License (CDL): This license is required for drivers who operate commercial vehicles. It ensures that drivers are trained to operate commercial vehicles safely. The license is provided by the Department of Transportation (DOT).
  • Business License: This license is required for businesses to operate legally. It ensures that businesses are registered with the state and are compliant with state regulations. The license is provided by the state government.
  • Sales Tax Permit: This permit is required for businesses to collect sales tax from customers. It ensures that businesses are compliant with state sales tax regulations. The permit is provided by the state government.

History

A concise historical narrative of NAICS Code 423990-24 covering global milestones and recent developments within the United States.

  • The "Magicians Supplies (Wholesale)" industry has a long and fascinating history. The earliest known record of magic tricks dates back to ancient Egypt, where hieroglyphics depict performers using cups and balls to entertain audiences. In the 16th century, Italian conjurers began using playing cards in their acts, and by the 18th century, magic shows had become a popular form of entertainment in Europe and the United States. The first magic shop opened in London in 1810, and by the early 20th century, magic had become a global phenomenon. In recent history, the rise of the internet has made it easier for magicians to purchase supplies and connect with other performers, leading to a surge in interest in the art form. Today, the "Magicians Supplies (Wholesale)" industry continues to thrive, providing magicians with the tools they need to create awe-inspiring illusions and entertain audiences around the world.

Future Outlook for Magicians Supplies (Wholesale)

The anticipated future trajectory of the NAICS 423990-24 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Magicians Supplies (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing popularity of magic shows and performances. The rise of social media platforms has also contributed to the growth of the industry as more people are exposed to magic performances online. Additionally, the industry is expected to benefit from the increasing demand for magic-related products such as playing cards, magic wands, and other props. The industry is also likely to benefit from the growth of e-commerce platforms, which have made it easier for wholesalers to reach a wider audience. Overall, the Magicians Supplies (Wholesale) industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 423990-24

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

  • Customized Magic Kits: Some wholesalers in the Magicians Supplies (Wholesale) industry have started offering customized magic kits that cater to the specific needs of individual magicians. These kits include a range of props and accessories that are tailored to the magician's style and preferences.
  • Eco-Friendly Products: Some wholesalers in the industry have started offering eco-friendly magic products such as biodegradable playing cards and reusable magic wands. These products are designed to appeal to environmentally conscious consumers.
  • Virtual Magic Shows: With the rise of virtual events, some magicians have started offering virtual magic shows. This has created a new market for wholesalers in the industry who can provide props and accessories that are specifically designed for virtual performances.
  • Social Media Marketing: Some wholesalers in the industry have started using social media platforms such as Instagram and TikTok to market their products. This has helped them reach a wider audience and increase their sales.
  • Magic Workshops: Some wholesalers in the industry have started offering magic workshops that teach aspiring magicians how to perform magic tricks. These workshops provide an additional revenue stream for wholesalers and help to promote the industry.

NAICS Code 423990-24 - Magicians Supplies (Wholesale)

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