NAICS Code 424410-09 - Markets & Grocers Equipment & Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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Total Companies

38

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NAICS Code 424410-09 Description (8-Digit)

The Markets & Grocers Equipment & Supplies (Wholesale) industry involves the distribution of equipment and supplies to grocery stores, markets, and other food retailers. This industry provides a wide range of products that are essential for the operation of these businesses, including refrigeration units, shelving, display cases, and other equipment. Additionally, this industry provides a variety of supplies such as packaging materials, cleaning supplies, and other items that are necessary for the day-to-day operation of these businesses.

Hierarchy Navigation for NAICS Code 424410-09

Tools

Tools commonly used in the Markets & Grocers Equipment & Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Refrigeration units
  • Shelving units
  • Display cases
  • Cash registers
  • Shopping carts
  • Hand trucks
  • Pallet jacks
  • Meat slicers
  • Food processors
  • Scales
  • Wrapping machines
  • Label printers
  • Cleaning equipment
  • Safety equipment
  • Storage containers
  • Cutting boards
  • Knives
  • Food storage bags
  • Food storage containers

Industry Examples of Markets & Grocers Equipment & Supplies (Wholesale)

Common products and services typical of NAICS Code 424410-09, illustrating the main business activities and contributions to the market.

  • Refrigeration equipment
  • Display cases
  • Shelving units
  • Packaging materials
  • Cleaning supplies
  • Food storage containers
  • Meat processing equipment
  • Cash registers
  • Shopping carts
  • Safety equipment

Certifications, Compliance and Licenses for NAICS Code 424410-09 - Markets & Grocers Equipment & Supplies (Wholesale)

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

  • NSF International Certification: NSF International is an independent organization that provides certifications for products and services that meet public health and safety standards. The NSF certification is required for equipment and supplies that come into contact with food, such as food storage containers, utensils, and equipment.
  • UL Certification: UL is a global safety certification company that provides certifications for products that meet safety standards. The UL certification is required for electrical equipment and appliances used in the food industry, such as refrigerators, ovens, and other cooking equipment.
  • Hazard Analysis and Critical Control Points (HACCP) Certification: HACCP is a food safety management system that is required for all food businesses in the US. The HACCP certification is required for businesses that manufacture, process, or distribute food products, including equipment and supplies used in the food industry.
  • Good Manufacturing Practices (GMP) Certification: GMP is a set of guidelines that ensure the quality and safety of food products. The GMP certification is required for businesses that manufacture, process, or distribute food products, including equipment and supplies used in the food industry.
  • Occupational Safety and Health Administration (OSHA) Certification: OSHA is a federal agency that sets and enforces safety standards in the workplace. The OSHA certification is required for businesses that manufacture, process, or distribute food products, including equipment and supplies used in the food industry.

History

A concise historical narrative of NAICS Code 424410-09 covering global milestones and recent developments within the United States.

  • The "Markets & Grocers Equipment & Supplies (Wholesale)" industry has a long history dating back to the early 20th century when the first supermarkets emerged in the United States. As the demand for grocery stores increased, so did the need for equipment and supplies to stock and maintain them. In the 1920s, the first shopping carts were introduced, and by the 1930s, the first self-service grocery stores were established. The industry continued to grow and evolve, with advancements such as barcode scanning technology, electronic payment systems, and automated inventory management systems. In recent years, the industry has seen a shift towards more sustainable and eco-friendly products, as well as an increased focus on online sales and e-commerce platforms. In the United States, the "Markets & Grocers Equipment & Supplies (Wholesale)" industry has experienced steady growth in recent years, driven by factors such as the increasing demand for organic and natural products, the rise of online grocery shopping, and the growing popularity of meal kit delivery services. The industry has also seen a shift towards more innovative and technologically advanced products, such as smart refrigeration systems and automated checkout systems. Despite challenges such as rising labor costs and supply chain disruptions, the industry is expected to continue to grow in the coming years, driven by factors such as increasing consumer demand and the ongoing shift towards e-commerce platforms.

Future Outlook for Markets & Grocers Equipment & Supplies (Wholesale)

The anticipated future trajectory of the NAICS 424410-09 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The Markets & Grocers Equipment & Supplies (Wholesale) industry in the USA is expected to grow in the coming years due to the increasing demand for grocery and food products. The industry is expected to benefit from the growth of the foodservice industry, which is projected to increase demand for equipment and supplies. Additionally, the increasing trend of online grocery shopping is expected to drive the demand for equipment and supplies used in the storage and transportation of food products. The industry is also expected to benefit from the increasing demand for eco-friendly and sustainable products. However, the industry may face challenges due to the increasing competition from online retailers and the rising cost of raw materials.

Industry Innovations for NAICS Code 424410-09

Recent groundbreaking advancements and milestones in the Markets & Grocers Equipment & Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Shelves: These shelves use sensors and cameras to track inventory levels and provide real-time data to retailers, helping them to optimize their inventory management.
  • Automated Checkout Systems: These systems use artificial intelligence and computer vision to scan and process items, reducing the need for human cashiers and improving the speed and accuracy of the checkout process.
  • Mobile Ordering and Payment Systems: These systems allow customers to order and pay for their groceries using their mobile devices, reducing the need for physical checkout lines and improving the overall shopping experience.
  • Sustainable Packaging Solutions: Many companies are developing eco-friendly packaging solutions, such as biodegradable plastics and reusable containers, to reduce waste and improve sustainability.
  • Cold Chain Logistics: The use of advanced refrigeration and transportation technologies is improving the efficiency and safety of the cold chain, which is critical for the storage and transportation of perishable food products.

NAICS Code 424410-09 - Markets & Grocers Equipment & Supplies (Wholesale)

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