NAICS Code 424130-29 - Plastic Containers (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

53

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NAICS Code 424130-29 Description (8-Digit)

The Plastic Containers (Wholesale) industry involves the distribution of plastic containers to various businesses and organizations. These containers are used for a variety of purposes, including storage, transportation, and display of products. The industry includes wholesalers who purchase plastic containers from manufacturers and sell them to retailers, as well as directly to end-users such as restaurants, hospitals, and other businesses.

Hierarchy Navigation for NAICS Code 424130-29

Tools

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

  • Injection molding machines
  • Blow molding machines
  • Extrusion blow molding machines
  • Thermoforming machines
  • Plastic welding machines
  • Hot stamping machines
  • Labeling machines
  • Filling machines
  • Capping machines
  • Shrink wrapping machines

Industry Examples of Plastic Containers (Wholesale)

Common products and services typical of NAICS Code 424130-29, illustrating the main business activities and contributions to the market.

  • Food storage containers
  • Beverage containers
  • Cosmetic containers
  • Pharmaceutical containers
  • Chemical containers
  • Medical waste containers
  • Retail display containers
  • Shipping and handling containers
  • Industrial storage containers
  • Pet food containers

Certifications, Compliance and Licenses for NAICS Code 424130-29 - Plastic Containers (Wholesale)

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

  • FDA Food Contact Notification: This certification is required for plastic containers that come into contact with food. It ensures that the container is safe for food storage and consumption. The FDA provides this certification.
  • NSF International Certification: This certification ensures that the plastic container meets specific health and safety standards. NSF International provides this certification.
  • ASTM International Certification: This certification ensures that the plastic container meets specific performance standards. ASTM International provides this certification.
  • OSHA Hazard Communication Standard: This regulation requires that the plastic container is labeled with information about any hazardous chemicals it may contain. The Occupational Safety and Health Administration (OSHA) provides this regulation.
  • California Proposition 65: This regulation requires that the plastic container is labeled with a warning if it contains any chemicals known to cause cancer or reproductive harm. The California Office of Environmental Health Hazard Assessment provides this regulation.

History

A concise historical narrative of NAICS Code 424130-29 covering global milestones and recent developments within the United States.

  • The "Plastic Containers (Wholesale)" industry has a relatively short history, as plastic containers only became widely available in the mid-20th century. The first plastic containers were made from Bakelite, a type of plastic invented in 1907, but it wasn't until the 1950s that polyethylene terephthalate (PET) was developed, which is now the most commonly used plastic for containers. In the 1960s, blow molding technology was developed, which allowed for the mass production of plastic containers. Since then, the industry has continued to grow and innovate, with advancements in materials, design, and manufacturing processes. In the United States, the plastic container industry has seen significant growth in recent decades. In the 1980s and 1990s, the industry was dominated by a few large players, but in the 2000s, smaller companies began to enter the market, leading to increased competition and innovation. One notable advancement in recent years has been the development of biodegradable plastics, which are becoming increasingly popular as consumers become more environmentally conscious. Overall, the industry has continued to grow and evolve, with new products and technologies constantly being developed and introduced to the market.

Future Outlook for Plastic Containers (Wholesale)

The anticipated future trajectory of the NAICS 424130-29 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Plastic Containers (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for plastic containers in various sectors such as food and beverage, pharmaceuticals, and personal care. The growing e-commerce industry is also expected to drive the demand for plastic containers as they are lightweight, durable, and cost-effective. The industry is also expected to benefit from the increasing focus on sustainability, as plastic containers can be recycled and reused. However, the industry may face challenges due to the increasing regulations on the use of plastic and the growing popularity of alternative packaging materials such as paper and bioplastics.

Industry Innovations for NAICS Code 424130-29

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

  • Biodegradable Plastic Containers: Manufacturers are developing biodegradable plastic containers that can decompose naturally, reducing the environmental impact of plastic waste.
  • Smart Packaging: Smart packaging technology is being integrated into plastic containers, allowing for real-time monitoring of the contents, temperature, and other factors that can affect the quality of the product.
  • Lightweight Containers: Manufacturers are developing lightweight plastic containers that use less material, reducing the cost of production and transportation.
  • Tamper-Evident Packaging: Tamper-evident packaging is being integrated into plastic containers to ensure the safety and integrity of the product during transportation and storage.
  • Customized Packaging: Manufacturers are offering customized plastic containers that can be tailored to the specific needs of the customer, such as size, shape, and color.

NAICS Code 424130-29 - Plastic Containers (Wholesale)

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