NAICS Code 424310-34 - Elastic Goods (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 424310-34
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Looking for more companies? See NAICS 424310 - Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers - 259 companies, 586 emails.

NAICS Code 424310-34 Description (8-Digit)

Elastic Goods (Wholesale) is a subdivision of the Piece Goods, Notions, and Other Dry Goods Merchant Wholesalers industry that involves the wholesale distribution of elastic materials. Elastic materials are stretchable materials that can be used in a variety of applications, such as clothing, medical devices, and industrial equipment. The Elastic Goods (Wholesale) industry provides a range of elastic materials to manufacturers and retailers who use them in their products.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 424310 page

Tools

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

  • Elastic cutting machine
  • Elastic winding machine
  • Elastic braiding machine
  • Elastic warping machine
  • Elastic dyeing machine
  • Elastic heat setting machine
  • Elastic laminating machine
  • Elastic coating machine
  • Elastic printing machine
  • Elastic inspection machine

Industry Examples of Elastic Goods (Wholesale)

Common products and services typical of NAICS Code 424310-34, illustrating the main business activities and contributions to the market.

  • Elastic bands
  • Elastic cords
  • Elastic tapes
  • Elastic webbing
  • Elastic thread
  • Elastic sheets
  • Elastic straps
  • Elastic ribbons
  • Elastic garters
  • Elastic waistbands

History

A concise historical narrative of NAICS Code 424310-34 covering global milestones and recent developments within the United States.

  • The "Elastic Goods (Wholesale)" industry has a long history dating back to the early 19th century when the first rubber bands were invented. The industry has since grown to include a wide range of elastic products such as waistbands, braids, cords, and tapes. In the United States, the industry saw significant growth during World War II when elastic was used in the production of military uniforms and equipment. In recent years, the industry has continued to expand with the development of new materials and technologies, such as the use of spandex in athletic wear and medical devices. Notable advancements in the industry include the development of elastic fibers that can withstand high temperatures and the creation of elastic materials that are resistant to chemicals and UV radiation. In the United States, the "Elastic Goods (Wholesale)" industry has seen steady growth over the past decade. This growth can be attributed to several factors, including the increasing demand for elastic products in the apparel and medical industries, as well as the rise of e-commerce platforms that have made it easier for wholesalers to reach new customers. The industry has also benefited from the development of new materials and technologies, such as the use of recycled materials in the production of elastic products. Overall, the "Elastic Goods (Wholesale)" industry is poised for continued growth in the coming years as demand for elastic products continues to rise.