NAICS Code 424350-08 - Hats (Wholesale)
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NAICS Code 424350-08 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424350-08
Parent Code (less specific)
Tools
Tools commonly used in the Hats (Wholesale) industry for day-to-day tasks and operations.
- Hat steamers
- Hat stretchers
- Embroidery machines
- Screen printing machines
- Heat press machines
- Sewing machines
- Cutting machines
- Glue guns
- Staple guns
- Packing tape dispensers
Industry Examples of Hats (Wholesale)
Common products and services typical of NAICS Code 424350-08, illustrating the main business activities and contributions to the market.
- Baseball caps
- Beanies
- Fedoras
- Sun hats
- Cowboy hats
- Bucket hats
- Visors
- Berets
- Newsboy caps
- Trucker hats
Certifications, Compliance and Licenses for NAICS Code 424350-08 - Hats (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Occupational Safety and Health Administration (OSHA) Certification: This certification is required for workers who handle hazardous materials and chemicals. It ensures that workers are trained to handle these materials safely and prevent accidents. The certification is provided by the Occupational Safety and Health Administration (OSHA).
- National Association Of Wholesaler-Distributors (NAW) Certification: This certification is designed for wholesale distributors and provides training in areas such as sales, marketing, and operations. The certification is provided by the National Association of Wholesaler-Distributors (NAW).
- Certified Logistics Associate (CLA) Certification: This certification is designed for workers in the logistics and supply chain industry. It provides training in areas such as inventory management, shipping and receiving, and warehouse operations. The certification is provided by the Manufacturing Skill Standards Council (MSSC).
- Certified Supply Chain Professional (CSCP) Certification: This certification is designed for professionals in the supply chain industry. It provides training in areas such as logistics, operations, and supply chain management. The certification is provided by the Association for Supply Chain Management (ASCM).
- Certified Professional In Distribution and Warehousing (CPDW) Certification: This certification is designed for professionals in the distribution and warehousing industry. It provides training in areas such as inventory management, warehouse operations, and logistics. The certification is provided by the International Warehouse Logistics Association (IWLA).
History
A concise historical narrative of NAICS Code 424350-08 covering global milestones and recent developments within the United States.
- The history of the Hats (Wholesale) industry dates back to the early 19th century when hats were an essential part of everyday attire. The industry saw significant growth in the 1920s when hats became a fashion statement. The industry continued to grow until the 1960s when hats started to lose their popularity. In recent years, the industry has seen a resurgence in demand for hats, especially in the United States. The rise of social media influencers and celebrities wearing hats has contributed to the industry's growth. Additionally, the industry has seen advancements in technology, such as 3D printing, which has allowed for more intricate and unique designs.
Future Outlook for Hats (Wholesale)
The anticipated future trajectory of the NAICS 424350-08 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 Hats (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for hats in the fashion industry. The rise in disposable income and the growing popularity of outdoor activities such as hiking, camping, and sports are also expected to drive the growth of the industry. Additionally, the increasing awareness of the harmful effects of UV radiation on the skin is expected to boost the demand for hats that provide sun protection. The industry is also expected to benefit from the growing trend of customization, where customers can design their own hats. However, the industry may face challenges such as the increasing competition from online retailers and the rising cost of raw materials. Overall, the Hats (Wholesale) industry is expected to experience steady growth in the coming years.
Industry Innovations for NAICS Code 424350-08
Recent groundbreaking advancements and milestones in the Hats (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Hats: Smart hats are a recent innovation in the Hats (Wholesale) industry. These hats are equipped with sensors that can monitor the wearer's health and provide real-time feedback. For example, some smart hats can monitor the wearer's heart rate, blood pressure, and body temperature. These hats are particularly useful for athletes and people with medical conditions that require constant monitoring.
- Sustainable Hats: Sustainable hats are becoming increasingly popular in the Hats (Wholesale) industry. These hats are made from eco-friendly materials such as recycled plastic, organic cotton, and bamboo. They are designed to reduce the environmental impact of the fashion industry and appeal to environmentally conscious consumers.
- Customizable Hats: Customizable hats are a recent trend in the Hats (Wholesale) industry. These hats allow customers to design their own hats by choosing the color, style, and design. Some companies even allow customers to upload their own images or logos to be printed on the hats. Customizable hats are particularly popular among sports teams, schools, and businesses.
- UV Protection Hats: UV protection hats are becoming increasingly popular in the Hats (Wholesale) industry. These hats are designed to provide sun protection and reduce the risk of skin cancer. They are made from materials that block UV radiation and are available in a variety of styles and colors.
- Winter Hats: Winter hats are a recent innovation in the Hats (Wholesale) industry. These hats are designed to keep the wearer warm in cold weather conditions. They are made from materials such as wool, fleece, and fur and are available in a variety of styles and colors.
NAICS Code 424350-08 - Hats (Wholesale)
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