NAICS Code 424350-31 - Baby Accessories (Wholesale)
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NAICS Code 424350-31 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424350-31
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Tools
Tools commonly used in the Baby Accessories (Wholesale) industry for day-to-day tasks and operations.
- Baby carriers
- Diaper bags
- Bottle warmers
- Baby food makers
- Nursing pillows
- Baby bouncers
- Baby swings
- Changing tables
- Baby gates
- Baby monitors
- Strollers
- Car seats
- High chairs
- Playpens
- Baby walkers
- Baby bath tubs
- Baby thermometers
- Baby humidifiers
- Baby nail clippers
- Baby hair brushes
Industry Examples of Baby Accessories (Wholesale)
Common products and services typical of NAICS Code 424350-31, illustrating the main business activities and contributions to the market.
- Baby strollers
- Infant car seats
- Baby high chairs
- Diaper pails
- Baby carriers
- Baby play mats
- Baby bouncers
- Baby swings
- Baby gates
- Baby monitors
- Baby walkers
- Baby bath tubs
- Baby thermometers
- Baby humidifiers
- Baby nail clippers
- Baby hair brushes
- Baby bottles
- Pacifiers
- Teething toys
- Baby bibs
Certifications, Compliance and Licenses for NAICS Code 424350-31 - Baby Accessories (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Consumer Product Safety Improvement Act (CPSIA): The CPSIA regulates the safety of children's products and requires manufacturers and importers to certify that their products meet the safety standards. The certification must be based on third-party testing by a CPSC-accredited laboratory. The certification must be included in the product packaging or labeling. More information can be found on the CPSC website:
- Children's Product Certificate (CPC): The CPC is a document that certifies that a children's product complies with all applicable children's product safety rules. The certificate must be based on third-party testing by a CPSC-accredited laboratory. The certificate must be included in the product packaging or labeling. More information can be found on the CPSC website:
- Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for businesses that engage in manufacturing, processing, or handling of hazardous materials. The certification ensures that the business complies with OSHA safety standards. More information can be found on the OSHA website:
- National Association Of Wholesaler-Distributors (NAW) Certification: The NAW certification is a voluntary program that provides education and training to wholesale distributors. The program covers topics such as supply chain management, logistics, and customer service. More information can be found on the NAW website:
- International Organization for Standardization (ISO) Certification: The ISO certification is a voluntary program that provides a set of standards for quality management systems. The certification ensures that the business has a quality management system in place that meets international standards. More information can be found on the ISO website:
History
A concise historical narrative of NAICS Code 424350-31 covering global milestones and recent developments within the United States.
- The Baby Accessories (Wholesale) industry has been around for decades, with the first baby accessories being made in the early 1900s. The industry has seen significant growth over the years, with the introduction of new products such as baby carriers, strollers, and car seats. In the 1950s, disposable diapers were introduced, which revolutionized the industry. In the 1980s, baby monitors were introduced, which allowed parents to keep an eye on their babies while they slept. In recent years, the industry has seen a surge in demand for eco-friendly and organic baby products, as well as smart baby products that use technology to monitor a baby's health and well-being. In the United States, the Baby Accessories (Wholesale) industry has seen steady growth over the past few years. According to Statista, the industry generated $9.3 billion in revenue in 2020, up from $8.8 billion in 2019. The COVID-19 pandemic has had a significant impact on the industry, with many parents spending more time at home with their babies and investing in products that make their lives easier. The industry has also seen a shift towards online sales, with many parents opting to shop for baby products online rather than in-store. Overall, the Baby Accessories (Wholesale) industry in the United States is thriving and is expected to continue to grow in the coming years.
Future Outlook for Baby Accessories (Wholesale)
The anticipated future trajectory of the NAICS 424350-31 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The baby accessories wholesale industry in the USA is expected to grow in the coming years due to the increasing birth rate and the rising demand for baby products. The industry is also expected to benefit from the growing trend of online shopping, which has made it easier for consumers to purchase baby products. Additionally, the industry is expected to benefit from the increasing focus on safety and quality of baby products, which has led to the development of new and innovative products. However, the industry may face challenges due to the increasing competition from low-cost imports and the changing consumer preferences. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 424350-31
Recent groundbreaking advancements and milestones in the Baby Accessories (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Smart Baby Monitors: These monitors use advanced technology to track the baby's movements, breathing, and sleep patterns, and send alerts to the parents' smartphones if there are any issues. [explanation]
- Organic Baby Products: There has been a growing demand for organic and natural baby products, such as clothing, diapers, and skincare products, which are free from harmful chemicals and are eco-friendly. [explanation]
- Babywearing Products: These products, such as baby carriers and slings, have become increasingly popular among parents who want to keep their babies close while keeping their hands free. [explanation]
- Smart Baby Bottles: These bottles use technology to track the baby's feeding patterns and send alerts to the parents' smartphones if the baby is not feeding properly. [explanation]
- Portable Baby Beds: These lightweight and compact beds are designed for travel and can be easily folded and carried in a bag. They are ideal for parents who travel frequently with their babies. [explanation]
NAICS Code 424350-31 - Baby Accessories (Wholesale)
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