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NAICS Code 424350-40 Description (8-Digit)

Coats (Wholesale) is a subdivision of the Clothing and Clothing Accessories Merchant Wholesalers industry. This industry involves the wholesale distribution of coats, jackets, and other outerwear for men, women, and children. Coats (Wholesale) companies purchase these products from manufacturers and sell them to retailers, who then sell them to consumers. The industry is highly competitive, with companies constantly seeking to offer the latest styles and trends to their customers.

Hierarchy Navigation for NAICS Code 424350-40

Tools

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

  • Coat hangers
  • Garment bags
  • Shipping boxes
  • Tape guns
  • Label makers
  • Pallet jacks
  • Hand trucks
  • Scissors
  • Measuring tapes
  • Steamers
  • Sewing machines
  • Cutting machines
  • Industrial irons
  • Staple guns
  • Safety knives
  • Heat guns
  • Pneumatic staplers
  • Pneumatic nail guns
  • Industrial sewing needles
  • Industrial thread

Industry Examples of Coats (Wholesale)

Common products and services typical of NAICS Code 424350-40, illustrating the main business activities and contributions to the market.

  • Winter coats
  • Raincoats
  • Trench coats
  • Pea coats
  • Parkas
  • Leather jackets
  • Bomber jackets
  • Denim jackets
  • Windbreakers
  • Fleece jackets
  • Ski jackets
  • Snowboard jackets
  • Puffer jackets
  • Quilted jackets
  • Down jackets
  • Wool coats
  • Fur coats
  • Vest coats
  • Hooded coats

Certifications, Compliance and Licenses for NAICS Code 424350-40 - Coats (Wholesale)

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Textile Care Allied Trades Association (TCATA) Certification: TCATA provides certification for textile care professionals. This certification ensures that the professional has the necessary knowledge and skills to handle textile care operations. The certification covers topics such as safety, environmental compliance, and quality control.
  • Occupational Safety and Health Administration (OSHA) Certification: OSHA provides certification for professionals who have completed training in occupational safety and health. This certification ensures that the professional has the necessary knowledge and skills to identify and prevent workplace hazards.
  • National Fire Protection Association (NFPA) Certification: NFPA provides certification for professionals who have completed training in fire safety. This certification ensures that the professional has the necessary knowledge and skills to prevent and respond to fires.
  • International Organization for Standardization (ISO) Certification: ISO provides certification for businesses that have implemented quality management systems. This certification ensures that the business has the necessary processes in place to consistently provide products and services that meet customer and regulatory requirements.
  • National Association Of Wholesaler-Distributors (NAW) Certification: NAW provides certification for professionals who have completed training in wholesale distribution. This certification ensures that the professional has the necessary knowledge and skills to manage wholesale operations.

History

A concise historical narrative of NAICS Code 424350-40 covering global milestones and recent developments within the United States.

  • The wholesale coat industry has a long history dating back to the 19th century when coats were first mass-produced. In the early 1900s, the industry saw significant growth due to the increasing demand for coats in colder regions. The industry continued to grow throughout the 20th century, with advancements in technology and materials leading to the production of more durable and stylish coats. In recent years, the industry has faced challenges due to changing fashion trends and the rise of online shopping. However, the demand for high-quality and sustainable coats has led to a resurgence in the industry, with many companies focusing on eco-friendly materials and ethical production practices. In the United States, the wholesale coat industry has a rich history dating back to the colonial era when coats were primarily made from animal hides. The industry saw significant growth in the 19th century with the rise of industrialization and the mass production of coats. In the early 20th century, the industry faced challenges due to the Great Depression and World War II, but it rebounded in the post-war era with the production of stylish and affordable coats. In recent years, the industry has faced challenges due to changing fashion trends and the rise of online shopping. However, the demand for high-quality and sustainable coats has led to a resurgence in the industry, with many companies focusing on eco-friendly materials and ethical production practices.

Future Outlook for Coats (Wholesale)

The anticipated future trajectory of the NAICS 424350-40 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Coats (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for coats and jackets in the country. The rise in disposable income and changing fashion trends are also expected to contribute to the growth of the industry. Additionally, the increasing popularity of online shopping is expected to boost the sales of coats and jackets in the wholesale market. However, the industry may face challenges due to the increasing competition from low-cost imports and the changing consumer preferences. Overall, the Coats (Wholesale) industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424350-40

Recent groundbreaking advancements and milestones in the Coats (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Coats: These are coats that come with built-in technology such as heating systems, GPS tracking, and Bluetooth connectivity. They are designed to provide additional functionality and convenience to the wearer.
  • Sustainable Coats: With the increasing focus on sustainability, many companies are now producing coats made from eco-friendly materials such as recycled polyester, organic cotton, and hemp. These coats are designed to reduce the environmental impact of the fashion industry.
  • Customizable Coats: Some companies are now offering customizable coats that allow customers to choose the color, style, and size of their coats. This provides a more personalized experience for the customers and helps the companies to stand out in the competitive market.
  • Smart Fabrics: Many companies are now using smart fabrics that can change color, adjust to temperature, and provide other functionalities. These fabrics are designed to provide additional comfort and convenience to the wearer.
  • 3D Printing: Some companies are now using 3D printing technology to produce coats. This technology allows for greater customization and reduces the waste generated during the production process.

NAICS Code 424350-40 - Coats (Wholesale)

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