NAICS Code 424210-12 - Perfume (Wholesale)
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NAICS Code 424210-12 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424210-12
Parent Code (less specific)
Tools
Tools commonly used in the Perfume (Wholesale) industry for day-to-day tasks and operations.
- Fragrance testing strips
- Scented candles
- Perfume bottles and atomizers
- Pipettes and droppers
- Mixing bowls and spoons
- Digital scales
- Label makers
- Packaging materials (boxes, bubble wrap, etc.)
- Shipping supplies (envelopes, tape, etc.)
- Point of sale systems
Industry Examples of Perfume (Wholesale)
Common products and services typical of NAICS Code 424210-12, illustrating the main business activities and contributions to the market.
- Designer fragrances
- Natural and organic perfumes
- Celebrity-endorsed scents
- Unisex fragrances
- Seasonal scents (e.g. holiday-themed perfumes)
- Niche fragrances
- Luxury perfumes
- Affordable perfumes
- Classic fragrances
- Limited edition scents
Certifications, Compliance and Licenses for NAICS Code 424210-12 - Perfume (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Hazardous Materials Endorsement (HME): This endorsement is required for drivers who transport hazardous materials. The endorsement is issued by the Transportation Security Administration (TSA) and requires a background check and fingerprinting.
- Alcohol and Tobacco Tax and Trade Bureau (TTB) Permit: This permit is required for businesses that import, produce, or sell alcohol, tobacco, and firearms. The permit is issued by the TTB and requires an application and fee.
- Occupational Safety and Health Administration (OSHA) Hazard Communication Standard: This standard requires employers to provide information and training to employees about hazardous chemicals in the workplace. Compliance with this standard is mandatory for all businesses that handle hazardous chemicals.
- Environmental Protection Agency (EPA) Pesticide Registration: This registration is required for businesses that produce or sell pesticides. The registration process involves submitting an application and data on the pesticide's safety and efficacy.
- Good Manufacturing Practices (GMP) Certification: This certification ensures that a business's products are consistently produced and controlled according to quality standards. GMP certification is voluntary but can be required by customers or regulatory agencies.
History
A concise historical narrative of NAICS Code 424210-12 covering global milestones and recent developments within the United States.
- The perfume industry has a long and rich history dating back to ancient times. The Egyptians were known to use fragrances in religious ceremonies and for personal grooming, while the Greeks and Romans used perfumes for medicinal purposes. During the Middle Ages, perfumes were used to mask unpleasant odors and to ward off disease. In the 18th century, the French became the leaders in the perfume industry, with the creation of fragrances such as Chanel No. 5 and Guerlain's Shalimar. In the United States, the perfume industry began to flourish in the early 20th century, with the establishment of companies such as Elizabeth Arden and Estée Lauder. In recent years, the industry has seen a rise in niche and artisanal fragrances, as well as an increased focus on sustainability and natural ingredients.
Future Outlook for Perfume (Wholesale)
The anticipated future trajectory of the NAICS 424210-12 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 perfume (wholesale) industry in the USA is expected to grow in the coming years due to the increasing demand for luxury fragrances and the rise in disposable income. The industry is also expected to benefit from the growing popularity of online sales channels and the increasing demand for organic and natural fragrances. However, the industry may face challenges due to the increasing competition from new entrants and the growing trend of consumers opting for cheaper alternatives. Overall, the industry is expected to experience moderate growth in the coming years.
Industry Innovations for NAICS Code 424210-12
Recent groundbreaking advancements and milestones in the Perfume (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Scented Jewelry: Some companies have started producing jewelry that can be infused with fragrances, allowing consumers to wear their favorite scents all day long.
- Customized Fragrances: Companies are now offering personalized fragrances that can be tailored to the individual preferences of consumers.
- Eco-Friendly Fragrances: With the growing demand for sustainable products, some companies are now producing fragrances that are made from natural and organic ingredients.
- Fragrance Vending Machines: Some companies have started installing fragrance vending machines in public places such as airports and shopping malls, allowing consumers to purchase their favorite fragrances on the go.
- Fragrance Subscription Services: Companies are now offering subscription services that allow consumers to receive a new fragrance every month, providing them with a convenient and cost-effective way to try out new scents.
NAICS Code 424210-12 - Perfume (Wholesale)
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