NAICS Code 424350-71 - Veiling (Wholesale)
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NAICS Code 424350-71 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424350-71
Parent Code (less specific)
Tools
Tools commonly used in the Veiling (Wholesale) industry for day-to-day tasks and operations.
- Embroidery machines
- Beading machines
- Sewing machines
- Cutting machines
- Measuring tapes
- Scissors
- Needles
- Thread
- Irons
- Fabric markers
Industry Examples of Veiling (Wholesale)
Common products and services typical of NAICS Code 424350-71, illustrating the main business activities and contributions to the market.
- Bridal veils
- Religious veils
- Fashion veils
- Communion veils
- Funeral veils
- Graduation veils
- Dance performance veils
- Theatre production veils
- Historical reenactment veils
- Cosplay veils
Certifications, Compliance and Licenses for NAICS Code 424350-71 - Veiling (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Textile Exchange: The Textile Exchange provides certifications for sustainable textile production, including the Global Organic Textile Standard (GOTS) and the Organic Content Standard (OCS). These certifications ensure that the textiles used in the veiling industry are produced in an environmentally and socially responsible manner.
- Fair Trade USA: The Fair Trade USA certification ensures that the products are produced in a way that supports fair labor practices and environmental sustainability. This certification is particularly relevant for the veiling industry, as many of the products are produced in developing countries.
- Global Recycled Standard (GRS): The GRS certification ensures that the products are made from recycled materials and that the production process meets certain environmental and social standards. This certification is particularly relevant for the veiling industry, as many of the products are made from recycled materials.
- ISO 9001: The ISO 9001 certification is a quality management system that ensures that the products and services meet customer and regulatory requirements. This certification is relevant for the veiling industry, as it ensures that the products meet certain quality standards.
- ISO 14001: The ISO 14001 certification is an environmental management system that ensures that the production process meets certain environmental standards. This certification is relevant for the veiling industry, as it ensures that the production process is environmentally responsible.
History
A concise historical narrative of NAICS Code 424350-71 covering global milestones and recent developments within the United States.
- Veiling (Wholesale) is a sub-industry of Clothing and Clothing Accessories Merchant Wholesalers. The history of veiling dates back to ancient times when women used to cover their heads with veils as a sign of modesty and respect. In the 19th century, veiling became a fashion accessory and was used to complement women's outfits. The industry has seen significant growth in the United States since the 20th century, with the introduction of new materials and designs. In recent years, the industry has been impacted by the COVID-19 pandemic, with a decrease in demand due to the shift towards remote work and virtual events.
Future Outlook for Veiling (Wholesale)
The anticipated future trajectory of the NAICS 424350-71 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 Veiling (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for veiling products in the fashion industry. The rise of e-commerce platforms has also made it easier for wholesalers to reach a wider audience, which is expected to contribute to the growth of the industry. Additionally, the industry is expected to benefit from the increasing popularity of modest fashion, which has led to a growing demand for veiling products. However, the industry may face challenges such as increasing competition and changing consumer preferences, which may affect its growth in the long run.
Industry Innovations for NAICS Code 424350-71
Recent groundbreaking advancements and milestones in the Veiling (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Digitalization Of the Supply Chain: The industry has seen a rise in the use of digital technologies to streamline the supply chain process. This has made it easier for wholesalers to manage their inventory, track shipments, and communicate with suppliers and customers.
- Sustainable Veiling Products: Many wholesalers are now offering sustainable veiling products made from eco-friendly materials such as organic cotton, bamboo, and recycled polyester. This has been driven by the increasing demand for sustainable fashion products.
- Customization Of Veiling Products: Wholesalers are now offering customized veiling products to meet the specific needs of their customers. This has been made possible by the use of digital technologies such as 3D printing and computer-aided design (CAD).
- Expansion Into New Markets: Many wholesalers are expanding their operations into new markets such as Asia and the Middle East, where there is a growing demand for veiling products.
- Collaboration with Fashion Designers: Wholesalers are collaborating with fashion designers to create new and innovative veiling products that meet the changing needs of consumers. This has led to the development of new styles and designs that are more fashionable and trendy.
NAICS Code 424350-71 - Veiling (Wholesale)
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