NAICS Code 424120-23 - Pens & Pencils-Supplies & Parts (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

3

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NAICS Code 424120-23 Description (8-Digit)

The Pens & Pencils-Supplies & Parts (Wholesale) industry involves the wholesale distribution of supplies and parts for pens and pencils. This includes a wide range of products such as ink cartridges, lead refills, erasers, pen grips, and mechanical pencil parts. Companies in this industry typically purchase these products from manufacturers and sell them to retailers, office supply stores, and other wholesalers.

Hierarchy Navigation for NAICS Code 424120-23

Tools

Tools commonly used in the Pens & Pencils-Supplies & Parts (Wholesale) industry for day-to-day tasks and operations.

  • Ink cartridges
  • Lead refills
  • Erasers
  • Pen grips
  • Mechanical pencil parts
  • Ink bottles
  • Fountain pen nibs
  • Rollerball pen refills
  • Ballpoint pen refills
  • Highlighters

Industry Examples of Pens & Pencils-Supplies & Parts (Wholesale)

Common products and services typical of NAICS Code 424120-23, illustrating the main business activities and contributions to the market.

  • Ink cartridges for ballpoint pens
  • Mechanical pencil lead refills
  • Erasers for pencils
  • Fountain pen ink bottles
  • Rollerball pen refills
  • Highlighters with different colors
  • Pen grips for better writing comfort
  • Mechanical pencil parts for repairs
  • Ink cartridges for calligraphy pens
  • Erasers for mechanical pencils

Certifications, Compliance and Licenses for NAICS Code 424120-23 - Pens & Pencils-Supplies & Parts (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 wood used in the production of pencils and pens is 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 wood used in the production of pencils and pens is sourced from responsible and sustainable forestry practices. The certification is provided by the Sustainable Forestry Initiative.
  • ISO 9001 Certification: The ISO 9001 certification ensures that the company has a quality management system in place that meets international standards. This certification is provided by the International Organization for Standardization.
  • ISO 14001 Certification: The ISO 14001 certification ensures that the company has an environmental management system in place that meets international standards. This certification is provided by the International Organization for Standardization.
  • Occupational Safety and Health Administration (OSHA) Certification: The OSHA certification ensures that the company is compliant with safety and health regulations in the workplace. This certification is provided by the Occupational Safety and Health Administration.

History

A concise historical narrative of NAICS Code 424120-23 covering global milestones and recent developments within the United States.

  • The history of the Pens & Pencils-Supplies & Parts (Wholesale) industry dates back to the 19th century when the first mass-produced pencils were introduced. In 1858, Hymen Lipman patented the first pencil with an eraser attached to its end, which revolutionized the writing industry. In the early 20th century, fountain pens became popular, and in the 1940s, ballpoint pens were introduced, which became the most popular writing instrument. In the United States, the industry saw significant growth in the 1950s and 1960s, with the introduction of new writing instruments and the expansion of the education sector. In recent years, the industry has seen a shift towards digital writing instruments, but the demand for traditional writing instruments remains strong.

Future Outlook for Pens & Pencils-Supplies & Parts (Wholesale)

The anticipated future trajectory of the NAICS 424120-23 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 Pens & Pencils-Supplies & Parts (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for office supplies and stationery products. The rise in e-commerce and online shopping has also contributed to the growth of the industry. The industry is expected to continue to innovate and adapt to changing consumer needs, which will help it to remain competitive. The increasing focus on sustainability and eco-friendliness is also expected to drive growth in the industry as consumers become more conscious of their environmental impact. Overall, the Pens & Pencils-Supplies & Parts (Wholesale) industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 424120-23

Recent groundbreaking advancements and milestones in the Pens & Pencils-Supplies & Parts (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Sustainable Products: Many companies in the Pens & Pencils-Supplies & Parts (Wholesale) industry are now offering sustainable and eco-friendly products, such as pens and pencils made from recycled materials. This innovation is in response to the increasing demand for environmentally friendly products.
  • Customization: Some companies are now offering customized pens and pencils, allowing businesses to add their logo or branding to the products. This innovation has helped companies to differentiate themselves from their competitors and offer unique products to their customers.
  • Digital Tools: Some companies are now offering digital tools, such as apps and software, to help customers design and customize their own pens and pencils. This innovation has helped to streamline the customization process and make it more accessible to customers.
  • Smart Pens: Some companies are now offering smart pens, which can record and digitize handwritten notes. This innovation has helped to bridge the gap between traditional pen and paper note-taking and digital note-taking.
  • Collaboration Tools: Some companies are now offering collaboration tools, such as digital whiteboards and shared notebooks, to help teams work together more effectively. This innovation has helped to improve productivity and streamline the collaboration process.

NAICS Code 424120-23 - Pens & Pencils-Supplies & Parts (Wholesale)

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