NAICS Code 424130-04 - Bags-Specialty (Wholesale)
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NAICS Code 424130-04 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424130-04
Parent Code (less specific)
Tools
Tools commonly used in the Bags-Specialty (Wholesale) industry for day-to-day tasks and operations.
- Bag sealers
- Bagging machines
- Bag openers
- Bag closers
- Bag dispensers
- Bag fillers
- Bag hangers
- Bag holders
- Bag stackers
- Bag tapers
- Bag ties
- Bagging scales
- Bagging conveyors
- Bagging systems
- Bagging accessories
- Bagging supplies
- Bagging materials
- Bagging labels
- Bagging tags
Industry Examples of Bags-Specialty (Wholesale)
Common products and services typical of NAICS Code 424130-04, illustrating the main business activities and contributions to the market.
- Gift bags
- Shopping bags
- Tote bags
- Promotional bags
- Wine bags
- Garment bags
- Food bags
- Medical waste bags
- Hazardous waste bags
- Laundry bags
- Mail bags
- Courier bags
- Security bags
- Document bags
- Sports bags
- Backpacks
- Duffel bags
- Cosmetic bags
- Tool bags
- Pet waste bags
Certifications, Compliance and Licenses for NAICS Code 424130-04 - Bags-Specialty (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 used in the industry 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 used in the industry are sourced from responsible and sustainable forestry practices. The certification is provided by the Sustainable Forestry Initiative.
- International Organization for Standardization (ISO) 9001 Certification: The ISO 9001 certification ensures that the industry has a quality management system in place to consistently provide products that meet customer and regulatory requirements. The certification is provided by the International Organization for Standardization.
- ISO 14001 Certification: The ISO 14001 certification ensures that the industry has an environmental management system in place to minimize the impact of its operations on the environment. The certification is provided by the International Organization for Standardization.
- Occupational Safety and Health Administration (OSHA) Certification: The OSHA certification ensures that the industry complies with safety and health regulations to provide a safe working environment for employees. The certification is provided by the Occupational Safety and Health Administration.
History
A concise historical narrative of NAICS Code 424130-04 covering global milestones and recent developments within the United States.
- The Bags-Specialty (Wholesale) industry has a long history dating back to the early 1900s when paper bags were first introduced. The industry has since evolved to include a wide range of specialty bags made from various materials such as plastic, fabric, and paper. In recent years, the industry has seen significant growth due to the increasing demand for eco-friendly and reusable bags. In the United States, the industry has experienced a surge in demand for reusable bags due to the growing awareness of the environmental impact of single-use plastic bags. Notable advancements in the industry include the development of biodegradable and compostable bags, as well as the introduction of smart bags that can be tracked and monitored.
Future Outlook for Bags-Specialty (Wholesale)
The anticipated future trajectory of the NAICS 424130-04 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Bags-Specialty (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for eco-friendly and sustainable packaging solutions. The industry is also expected to benefit from the growth of e-commerce and the need for efficient and secure packaging for online orders. Additionally, the industry is likely to see growth in demand for specialty bags for various industries such as healthcare, food and beverage, and retail. However, the industry may face challenges such as increasing competition and rising raw material costs. Overall, the Bags-Specialty (Wholesale) industry is expected to experience steady growth in the coming years.
Industry Innovations for NAICS Code 424130-04
Recent groundbreaking advancements and milestones in the Bags-Specialty (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Reusable and Biodegradable Bags: Many companies are now offering reusable and biodegradable bags as an eco-friendly alternative to traditional plastic bags. These bags are made from materials such as cotton, jute, and hemp and can be used multiple times before being disposed of.
- Customized Bags: Companies are now offering customized bags with unique designs and logos to help businesses promote their brand. These bags are available in various sizes and materials to suit different needs.
- Anti-Microbial Bags: With the ongoing COVID-19 pandemic, there has been an increased demand for anti-microbial bags that can help prevent the spread of germs. These bags are treated with special coatings that can kill bacteria and viruses.
- Tamper-Evident Bags: Tamper-evident bags are becoming increasingly popular in the healthcare and pharmaceutical industries. These bags are designed to show evidence of tampering, making them ideal for transporting sensitive and valuable items.
- RFID-Enabled Bags: RFID-enabled bags are being used in the retail industry to help track inventory and prevent theft. These bags are equipped with RFID tags that can be scanned to provide real-time information about the bag's location and contents.
NAICS Code 424130-04 - Bags-Specialty (Wholesale)
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