NAICS Code 424120-01 - Albums (Photo) (Wholesale)
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NAICS Code 424120-01 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424120-01
Parent Code (less specific)
Tools
Tools commonly used in the Albums (Photo) (Wholesale) industry for day-to-day tasks and operations.
- Photo album binders
- Photo album refill pages
- Photo corners
- Photo mounting tape
- Photo album covers
- Photo album storage boxes
- Photo album sleeves
- Photo album labels
- Photo album pens
- Photo album scissors
Industry Examples of Albums (Photo) (Wholesale)
Common products and services typical of NAICS Code 424120-01, illustrating the main business activities and contributions to the market.
- Leather photo albums
- Wedding photo albums
- Baby photo albums
- Travel photo albums
- Scrapbook photo albums
- Vintage photo albums
- Personalized photo albums
- Professional photo albums
- Digital photo albums
- Polaroid photo albums
Certifications, Compliance and Licenses for NAICS Code 424120-01 - Albums (Photo) (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- ISO 9001: This certification ensures that the company has a quality management system in place that meets international standards. It is provided by the International Organization for Standardization (ISO).
- OSHA Hazard Communication Standard: This certification ensures that the company is compliant with the Occupational Safety and Health Administration (OSHA) Hazard Communication Standard, which requires employers to provide information and training to employees about hazardous chemicals in the workplace.
- EPA Resource Conservation and Recovery Act (RCRA): This certification ensures that the company is compliant with the Environmental Protection Agency (EPA) RCRA, which regulates the management of hazardous waste.
- DOT Hazardous Materials Transportation: This certification ensures that the company is compliant with the Department of Transportation (DOT) regulations for the transportation of hazardous materials.
- National Association Of Professional Organizers (NAPO): This certification ensures that the company has met the standards set by the National Association of Professional Organizers (NAPO) for professional organizers.
History
A concise historical narrative of NAICS Code 424120-01 covering global milestones and recent developments within the United States.
- The "Albums (Photo) (Wholesale)" industry has a long history dating back to the early 19th century when the first photograph was taken. The first photo album was introduced in the 1850s, and it was a leather-bound album with pages made of heavy paper. In the 20th century, the industry saw significant growth with the introduction of new technologies such as color photography, digital cameras, and smartphones. The industry has also seen a shift in consumer preferences, with more people opting for digital photo albums and online storage. In recent years, the industry has faced challenges due to the COVID-19 pandemic, which has led to a decline in demand for photo albums as people are unable to gather and take photos. However, the industry has adapted by offering online services and digital products to cater to changing consumer needs.
Future Outlook for Albums (Photo) (Wholesale)
The anticipated future trajectory of the NAICS 424120-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Albums (Photo) (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for personalized photo albums and the growing popularity of scrapbooking. The rise of social media has also contributed to the growth of the industry, as people are more likely to print their photos and create physical albums. Additionally, the industry is expected to benefit from the increasing number of weddings and other events that require photo albums. However, the industry may face challenges from the increasing use of digital photo albums and the availability of online photo printing services.
Industry Innovations for NAICS Code 424120-01
Recent groundbreaking advancements and milestones in the Albums (Photo) (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Customizable Photo Albums: Companies in the Albums (Photo) (Wholesale) industry are offering customizable photo albums that allow customers to personalize their albums with their own photos and designs. This innovation has increased the demand for photo albums and has helped the industry to grow.
- Eco-Friendly Photo Albums: Some companies in the industry are offering eco-friendly photo albums made from recycled materials. This innovation has helped the industry to appeal to environmentally conscious consumers.
- Digital Printing Technology: The use of digital printing technology has allowed companies in the industry to produce high-quality photo albums quickly and efficiently. This innovation has helped to reduce production costs and increase the availability of photo albums.
- Online Ordering: Many companies in the industry now offer online ordering, which has made it easier for customers to purchase photo albums. This innovation has helped to increase sales and expand the customer base.
- Social Media Integration: Some companies in the industry are integrating social media into their products, allowing customers to print their social media photos directly onto photo albums. This innovation has helped to increase the demand for photo albums and has made it easier for customers to create personalized albums.
NAICS Code 424120-01 - Albums (Photo) (Wholesale)
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