NAICS Code 424310-07 - Drapery Trimmings (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 424310-07 Description (8-Digit)

Drapery trimmings wholesale involves the distribution of various decorative materials used in the creation of window treatments such as curtains, drapes, and valances. These materials include tassels, fringes, cords, braids, and other ornamental elements that add a touch of elegance and sophistication to any room. Drapery trimmings are available in a wide range of colors, textures, and styles to suit different design preferences and complement various types of fabrics.

Hierarchy Navigation for NAICS Code 424310-07

Tools

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

  • Trimming scissors
  • Hot glue gun
  • Pliers
  • Sewing machine
  • Measuring tape
  • Upholstery needle
  • Fringe comb
  • Tassel maker
  • Fabric glue
  • Grommet pliers

Industry Examples of Drapery Trimmings (Wholesale)

Common products and services typical of NAICS Code 424310-07, illustrating the main business activities and contributions to the market.

  • Decorative tassels
  • Braided cords
  • Beaded fringes
  • Pom-pom trims
  • Gimp braids
  • Bullion fringes
  • Tassel fringe
  • Cording
  • Loop fringe
  • Brush fringe

Certifications, Compliance and Licenses for NAICS Code 424310-07 - Drapery Trimmings (Wholesale)

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

  • Oeko-Tex Standard 100: This certification ensures that the textile products are free from harmful substances and are safe for human use. It is provided by the International Association for Research and Testing in the Field of Textile Ecology (Oeko-Tex).
  • Global Organic Textile Standard (GOTS): This certification ensures that the textile products are made from organic fibers and meet environmental and social criteria. It is provided by the Global Organic Textile Standard International Working Group.
  • Forest Stewardship Council (FSC) Certification: This certification ensures that the wood-based products are made from responsibly sourced wood and meet environmental and social criteria. It is provided by the Forest Stewardship Council.
  • Sustainable Forestry Initiative (SFI) Certification: This certification ensures that the wood-based products are made from responsibly sourced wood and meet environmental and social criteria. It is provided by the Sustainable Forestry Initiative.
  • Textile Exchange Certification: This certification ensures that the textile products are made from sustainable materials and meet environmental and social criteria. It is provided by the Textile Exchange.

History

A concise historical narrative of NAICS Code 424310-07 covering global milestones and recent developments within the United States.

  • The Drapery Trimmings (Wholesale) industry has a long history dating back to the 18th century when drapery trimmings were used to decorate homes and clothing. The industry has seen significant advancements over the years, with the introduction of new materials, designs, and manufacturing techniques. In the 19th century, the use of machine-made lace and embroidery revolutionized the industry, making it possible to produce intricate designs at a lower cost. In the 20th century, the industry saw the introduction of synthetic materials, which further expanded the range of available products. In recent years, the industry has been impacted by the rise of e-commerce, which has changed the way consumers shop for drapery trimmings. In the United States, the Drapery Trimmings (Wholesale) industry has a more recent history, with the industry experiencing significant growth in the mid-20th century. This growth was driven by the post-war housing boom, which led to an increase in demand for home decor products. The industry continued to grow throughout the latter half of the 20th century, with the introduction of new materials and designs. In recent years, the industry has faced challenges due to the rise of e-commerce and changing consumer preferences. Despite these challenges, the industry remains an important part of the home decor market.

Future Outlook for Drapery Trimmings (Wholesale)

The anticipated future trajectory of the NAICS 424310-07 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 Drapery Trimmings (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for home decor and renovation. The rise in disposable income and the growing trend of DIY home decor projects are also expected to contribute to the growth of the industry. Additionally, the industry is expected to benefit from the increasing popularity of e-commerce platforms, which will make it easier for wholesalers to reach a wider customer base. However, the industry may face challenges due to the increasing competition from low-cost imports and the rising cost of raw materials.

Industry Innovations for NAICS Code 424310-07

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

  • Smart Home Integration: Drapery trimmings are now being designed to integrate with smart home systems, allowing users to control their curtains and blinds with voice commands or through a mobile app.
  • Sustainable Materials: Many companies are now offering drapery trimmings made from sustainable materials such as organic cotton, bamboo, and recycled polyester, in response to the growing demand for eco-friendly products.
  • Customization Options: Wholesalers are now offering a wider range of customization options, such as different colors, patterns, and sizes, to cater to the diverse needs of their customers.
  • Digital Catalogs: Many wholesalers are now offering digital catalogs that allow customers to browse and order products online, making the ordering process more convenient and efficient.
  • RFID Technology: Some wholesalers are now using RFID technology to track their inventory and improve their supply chain management, which can help reduce costs and improve efficiency.

NAICS Code 424310-07 - Drapery Trimmings (Wholesale)

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