NAICS Code 424350-05 - Caps (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 424350-05
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NAICS Code 424350-05 Description (8-Digit)

Caps (Wholesale) is a subdivision of the Clothing and Clothing Accessories Merchant Wholesalers industry that specializes in the wholesale distribution of caps. This industry involves the sale of a variety of caps, including baseball caps, snapback caps, trucker caps, dad caps, and more. Caps (Wholesale) companies typically purchase caps in bulk from manufacturers and then sell them to retailers, promotional product companies, and other businesses that require caps for their operations.

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 424350 page

Tools

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

  • Embroidery machines
  • Heat press machines
  • Cap racks
  • Cap display cases
  • Cap washing machines
  • Cap ironing machines
  • Cap folding machines
  • Cap tagging guns
  • Cap steamers
  • Cap measuring tools

Industry Examples of Caps (Wholesale)

Common products and services typical of NAICS Code 424350-05, illustrating the main business activities and contributions to the market.

  • Baseball caps
  • Snapback caps
  • Trucker caps
  • Dad caps
  • Bucket hats
  • Visors
  • Beanies
  • Sun hats
  • Military caps
  • Camouflage caps

History

A concise historical narrative of NAICS Code 424350-05 covering global milestones and recent developments within the United States.

  • The history of the Caps (Wholesale) industry dates back to the early 19th century when baseball caps were first introduced. The caps were initially made of wool and were worn by baseball players to protect their eyes from the sun. In the 1940s, the caps became popular among the general public, and the industry started to grow. In the 1960s, the trucker cap was introduced, which became popular among truck drivers and farmers. In the 1990s, the snapback cap was introduced, which became popular among hip-hop artists and their fans. In recent years, the industry has seen a surge in demand for custom caps, which has led to the growth of the industry. In the United States, the Caps (Wholesale) industry has seen significant growth in recent years. According to a report by Statista, the wholesale sales of hats and caps in the United States amounted to approximately 2.7 billion U.S. dollars in 2019. The growth of the industry can be attributed to the increasing popularity of sports and outdoor activities, as well as the growing demand for fashion accessories. The industry has also benefited from the rise of e-commerce, which has made it easier for consumers to purchase caps online. Overall, the Caps (Wholesale) industry in the United States has a bright future ahead.