NAICS Code 424120-15 - Labels-Paper (Wholesale)
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NAICS Code 424120-15 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424120-15
Parent Code (less specific)
Tools
Tools commonly used in the Labels-Paper (Wholesale) industry for day-to-day tasks and operations.
- Label printers
- Label applicators
- Label dispensers
- Label cutters
- Label design software
- Label inspection systems
- Label rewinders
- Label slitters
- Label finishing equipment
- Label stock inventory management software
Industry Examples of Labels-Paper (Wholesale)
Common products and services typical of NAICS Code 424120-15, illustrating the main business activities and contributions to the market.
- Address labels
- Barcode labels
- Bottle labels
- Food labels
- Inventory labels
- Packaging labels
- Product labels
- Shipping labels
- Warning labels
- Wine labels
Certifications, Compliance and Licenses for NAICS Code 424120-15 - Labels-Paper (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Forest Stewardship Council (FSC) Certification: The FSC certification ensures that the paper products are sourced from responsibly managed forests. The certification is provided by the Forest Stewardship Council.
- Sustainable Forestry Initiative (SFI) Certification: The SFI certification ensures that the paper products are sourced from responsible and sustainable forestry practices. The certification is provided by the Sustainable Forestry Initiative.
- Programme for the Endorsement Of Forest Certification (PEFC) Certification: The PEFC certification ensures that the paper products are sourced from sustainably managed forests. The certification is provided by the Programme for the Endorsement of Forest Certification.
- Occupational Safety and Health Administration (OSHA) Certification: The OSHA certification ensures that the workplace is safe and healthy for employees. The certification is provided by the Occupational Safety and Health Administration.
- International Organization for Standardization (ISO) 9001 Certification: The ISO 9001 certification ensures that the company has a quality management system in place to consistently provide products and services that meet customer and regulatory requirements. The certification is provided by the International Organization for Standardization.
History
A concise historical narrative of NAICS Code 424120-15 covering global milestones and recent developments within the United States.
- The "Labels-Paper (Wholesale)" industry has a long history dating back to the early 1800s when the first adhesive postage stamp was introduced in the UK. This invention led to the development of the first label printing machines in the late 1800s, which revolutionized the industry. In the early 1900s, the introduction of gummed labels and self-adhesive labels further transformed the industry. In the United States, the industry saw significant growth in the mid-1900s with the rise of mass production and the increasing demand for labeling products. In recent years, the industry has continued to evolve with the introduction of digital printing technology, which has made it easier and more cost-effective to produce labels in smaller quantities. Additionally, the industry has seen a growing demand for eco-friendly and sustainable labeling products, which has led to the development of new materials and production methods.
Future Outlook for Labels-Paper (Wholesale)
The anticipated future trajectory of the NAICS 424120-15 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 Labels-Paper (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for labels and packaging materials from various end-use industries such as food and beverage, pharmaceuticals, and consumer goods. The growth of e-commerce and online retailing is also expected to drive the demand for labels and packaging materials. Additionally, the increasing trend of sustainable and eco-friendly packaging is expected to create new opportunities for the industry. However, the industry may face challenges such as rising raw material costs and increasing competition from low-cost imports.
Industry Innovations for NAICS Code 424120-15
Recent groundbreaking advancements and milestones in the Labels-Paper (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Labels: These labels have the ability to store and transmit data, enabling real-time tracking and monitoring of products. They are increasingly being used in the food and beverage industry to ensure food safety and traceability.
- Sustainable Labels: With the increasing focus on sustainability, many companies are switching to eco-friendly labels made from recycled materials or biodegradable materials.
- Digital Printing: Digital printing technology has revolutionized the label printing industry, enabling faster turnaround times, lower costs, and greater flexibility in label design.
- RFID Labels: Radio-frequency identification (RFID) labels are being increasingly used in the retail industry for inventory management and supply chain optimization.
- Anti-Counterfeit Labels: With the increasing problem of counterfeit products, many companies are using anti-counterfeit labels that have unique features such as holograms, watermarks, or QR codes to ensure product authenticity.
NAICS Code 424120-15 - Labels-Paper (Wholesale)
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