NAICS Code 424350-55 - Handbags (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS CODE 424350-55
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NAICS Code 424350-55 Description (8-Digit)

The Handbags (Wholesale) industry involves the distribution of a wide range of handbags to retailers, fashion boutiques, and other wholesalers. Handbags are a popular fashion accessory and come in various styles, sizes, and materials. Wholesale handbag distributors source their products from manufacturers and sell them in bulk to retailers at a discounted price. The industry is highly competitive, and companies must keep up with the latest fashion trends to remain relevant.

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 Handbags (Wholesale) industry for day-to-day tasks and operations.

  • Handbag display racks
  • Tagging guns
  • Barcode scanners
  • Shipping labels
  • Pallet jacks
  • Hand trucks
  • Packaging tape
  • Bubble wrap
  • Scissors
  • Staple guns
  • Heat sealers
  • Industrial sewing machines
  • Cutting machines
  • Leather punches
  • Rivet setters
  • Eyelet machines
  • Embroidery machines
  • Computer software for inventory management
  • Point of sale systems

Industry Examples of Handbags (Wholesale)

Common products and services typical of NAICS Code 424350-55, illustrating the main business activities and contributions to the market.

  • Leather handbags
  • Tote bags
  • Clutch purses
  • Crossbody bags
  • Satchels
  • Backpack purses
  • Hobo bags
  • Messenger bags
  • Wristlets
  • Bucket bags
  • Evening bags
  • Beach bags
  • Canvas bags
  • Nylon bags
  • Vegan leather bags
  • Designer-inspired handbags
  • Trendy handbags
  • Classic handbags
  • Boho handbags
  • Minimalist handbags

History

A concise historical narrative of NAICS Code 424350-55 covering global milestones and recent developments within the United States.

  • The handbag industry has been around for centuries, with the first handbags being used by men in the 14th century to carry coins. In the 16th century, women began to use handbags as a fashion accessory, and by the 19th century, handbags had become an essential part of women's fashion. The first handbag manufacturer was established in the United States in the early 20th century, and the industry has continued to grow since then. In recent years, the industry has seen a shift towards sustainable and ethical production, with many companies using eco-friendly materials and fair labor practices.