NAICS Code 424350-38 - Childrens & Infants Wear (Wholesale)
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NAICS Code 424350-38 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424350-38
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Tools
Tools commonly used in the Childrens & Infants Wear (Wholesale) industry for day-to-day tasks and operations.
- Size dividers
- Hangers
- Garment racks
- Tagging guns
- Poly bags
- Shipping labels
- Barcode scanners
- Inventory management software
- Point of sale systems
- Fashion design software
Industry Examples of Childrens & Infants Wear (Wholesale)
Common products and services typical of NAICS Code 424350-38, illustrating the main business activities and contributions to the market.
- Baby onesies
- Toddler dresses
- Children's pajamas
- Infant shoes
- Kids' swimwear
- Boys' suits
- Girls' skirts
- Children's hats
- Baby bibs
- Kids' sunglasses
Certifications, Compliance and Licenses for NAICS Code 424350-38 - Childrens & Infants Wear (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 Online Privacy Protection Act (COPPA): COPPA regulates the collection of personal information from children under 13 years of age by websites and online services. The law requires operators to obtain verifiable parental consent before collecting personal information from children, post a privacy policy, and provide parents with access to their child's personal information. More information can be found on the FTC website:
- Fair Labor Standards Act (FLSA): The FLSA establishes minimum wage, overtime pay, recordkeeping, and child labor standards for employees in the private sector and in federal, state, and local governments. The law prohibits the employment of children under 16 years of age in hazardous occupations. More information can be found on the DOL website:
- Occupational Safety and Health Administration (OSHA) Standards: OSHA sets and enforces safety and health standards for the workplace. Employers are required to provide a safe and healthy workplace for their employees and comply with OSHA standards. More information can be found on the OSHA website:
- Federal Trade Commission (FTC) Textile Labeling Rules: The FTC requires textile products to be labeled with the fiber content, country of origin, and manufacturer or dealer identity. The labeling must be accurate and not misleading. More information can be found on the FTC website:
History
A concise historical narrative of NAICS Code 424350-38 covering global milestones and recent developments within the United States.
- The wholesale industry of Childrens & Infants Wear has a long history dating back to the early 20th century. In the 1920s, the industry saw a significant increase in demand due to the rise of the middle class and the availability of affordable clothing. During the 1950s and 1960s, the industry experienced a boom as baby boomers were born, and parents were spending more on children's clothing. In the 1980s, the industry saw a shift towards more gender-neutral clothing, and the use of synthetic materials became more prevalent. In recent years, the industry has seen a rise in eco-friendly and sustainable clothing options, as well as an increase in online sales. In the United States, the industry has been impacted by the COVID-19 pandemic, with a decrease in demand due to store closures and economic uncertainty.
Future Outlook for Childrens & Infants Wear (Wholesale)
The anticipated future trajectory of the NAICS 424350-38 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 Childrens & Infants Wear (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for children's clothing and accessories. The rise in disposable income and the growing population of children in the country are the major drivers of the industry. The industry is also expected to benefit from the increasing trend of online shopping, which has made it easier for wholesalers to reach a wider customer base. However, the industry may face challenges due to the increasing competition from low-cost imports and the changing fashion trends. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 424350-38
Recent groundbreaking advancements and milestones in the Childrens & Infants Wear (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Sustainable Clothing: Many companies in the Childrens & Infants Wear (Wholesale) industry are now focusing on sustainable clothing. They are using eco-friendly materials and production methods to reduce their carbon footprint and appeal to environmentally conscious consumers.
- Smart Clothing: Some companies are incorporating technology into children's clothing, such as sensors that monitor vital signs or GPS trackers that help parents keep track of their children.
- Customizable Clothing: Many companies are now offering customizable clothing options, allowing customers to choose the color, design, and size of their clothing.
- Gender-Neutral Clothing: The industry is seeing a rise in gender-neutral clothing options for children, which appeal to parents who want to avoid gender stereotypes.
- Online Sales: The industry is benefiting from the increasing trend of online shopping, which has made it easier for wholesalers to reach a wider customer base. Many companies are now investing in their online presence to stay competitive.
NAICS Code 424350-38 - Childrens & Infants Wear (Wholesale)
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