NAICS Code 424310-28 - Thread (Wholesale)
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NAICS Code 424310-28 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424310-28
Parent Code (less specific)
Tools
Tools commonly used in the Thread (Wholesale) industry for day-to-day tasks and operations.
- Thread spools
- Thread cones
- Thread racks
- Thread snips
- Thread cutters
- Thread nippers
- Thread clippers
- Thread lubricants
- Thread tension gauges
- Thread winders
Industry Examples of Thread (Wholesale)
Common products and services typical of NAICS Code 424310-28, illustrating the main business activities and contributions to the market.
- Sewing supply stores
- Fabric stores
- Garment manufacturers
- Upholstery companies
- Quilting supply stores
- Embroidery companies
- Shoe manufacturers
- Textile mills
- Costume designers
- Tailors
Certifications, Compliance and Licenses for NAICS Code 424310-28 - Thread (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 thread is free from harmful substances and is 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 thread is made from organic fibers and meets environmental and social criteria. It is provided by the Global Organic Textile Standard International Working Group.
- ISO 9001: This certification ensures that the thread manufacturer has a quality management system in place to ensure consistent quality of the product. It is provided by the International Organization for Standardization (ISO).
- ISO 14001: This certification ensures that the thread manufacturer has an environmental management system in place to minimize the environmental impact of their operations. It is provided by the International Organization for Standardization (ISO).
- Fair Trade Certified: This certification ensures that the thread is produced in a socially responsible manner and that the workers involved in the production are paid fair wages. It is provided by Fair Trade USA.
History
A concise historical narrative of NAICS Code 424310-28 covering global milestones and recent developments within the United States.
- The history of the Thread (Wholesale) industry dates back to the 19th century when the industrial revolution brought about the mass production of textiles. The invention of the cotton gin in 1793 and the sewing machine in 1846 revolutionized the textile industry, leading to the mass production of thread. In the early 20th century, the industry saw significant growth due to the increasing demand for textiles and clothing. During World War II, the industry played a crucial role in the war effort by supplying thread for military uniforms and parachutes. In recent years, the industry has seen advancements in technology, such as the development of computerized embroidery machines and the use of synthetic fibers in thread production. In the United States, the industry has been impacted by the rise of e-commerce and the decline of brick-and-mortar retail stores.
Future Outlook for Thread (Wholesale)
The anticipated future trajectory of the NAICS 424310-28 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 future outlook for the Thread (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for textiles and clothing. The rise in e-commerce and online shopping has also contributed to the growth of the industry. The industry is expected to benefit from the increasing demand for eco-friendly and sustainable products. The industry is also expected to benefit from the increasing demand for technical textiles, which are used in various industries such as healthcare, automotive, and construction. The industry is expected to face challenges such as increasing competition and the threat of substitutes. However, the industry is expected to overcome these challenges by focusing on innovation and product differentiation.
Industry Innovations for NAICS Code 424310-28
Recent groundbreaking advancements and milestones in the Thread (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Thread: Smart thread is a new innovation in the Thread (Wholesale) industry that allows for the creation of textiles that can sense and respond to their environment. This technology has the potential to revolutionize the textile industry by creating new products that are more functional and interactive.
- Sustainable Thread: Sustainable thread is a new innovation in the Thread (Wholesale) industry that allows for the creation of textiles that are eco-friendly and sustainable. This technology has the potential to revolutionize the textile industry by creating new products that are more environmentally friendly and socially responsible.
- Anti-Microbial Thread: Anti-microbial thread is a new innovation in the Thread (Wholesale) industry that allows for the creation of textiles that are resistant to bacteria and other microorganisms. This technology has the potential to revolutionize the healthcare industry by creating new products that are more hygienic and safe.
- Conductive Thread: Conductive thread is a new innovation in the Thread (Wholesale) industry that allows for the creation of textiles that can conduct electricity. This technology has the potential to revolutionize the electronics industry by creating new products that are more flexible and wearable.
- Recycled Thread: Recycled thread is a new innovation in the Thread (Wholesale) industry that allows for the creation of textiles that are made from recycled materials. This technology has the potential to revolutionize the textile industry by creating new products that are more sustainable and environmentally friendly.
NAICS Code 424310-28 - Thread (Wholesale)
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