NAICS Code 424590-01 - Cotton Buyers (Wholesale)

Marketing Level - NAICS 8-Digit

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Phone Numbers: 5
Business Addresses: 5
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NAICS CODE 424590-01
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NAICS Code 424590-01 Description (8-Digit)

Cotton Buyers (Wholesale) are companies that purchase raw cotton from farmers and sell it to textile mills, cotton gins, and other manufacturers. These wholesalers are responsible for sourcing high-quality cotton that meets the specific needs of their customers. They must have a deep understanding of the cotton market and be able to negotiate prices with farmers and other suppliers. Cotton Buyers (Wholesale) must also ensure that the cotton they purchase meets industry standards for quality and purity.

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 424590 page

Tools

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

  • Cotton moisture meter
  • Cotton grading ruler
  • Cotton bale press
  • Cotton gin stand
  • Cotton picker
  • Cotton module builder
  • Cotton seed cleaner
  • Cotton bale tie
  • Cotton bale bagging machine
  • Cotton bale wrap

Industry Examples of Cotton Buyers (Wholesale)

Common products and services typical of NAICS Code 424590-01, illustrating the main business activities and contributions to the market.

  • Cotton gin manufacturers
  • Textile mills
  • Cottonseed oil manufacturers
  • Cotton swab manufacturers
  • Cotton ball manufacturers
  • Cotton wick manufacturers
  • Cotton batting manufacturers
  • Cotton yarn manufacturers
  • Cotton fabric manufacturers
  • Cotton clothing manufacturers

History

A concise historical narrative of NAICS Code 424590-01 covering global milestones and recent developments within the United States.

  • The "Cotton Buyers (Wholesale)" industry has a long and rich history worldwide. Cotton has been cultivated for thousands of years, and the demand for cotton has been growing ever since. The first cotton gin was invented in the late 18th century, which revolutionized the cotton industry by making it easier to separate the cotton fibers from the seeds. In the 19th century, the cotton industry boomed in the United States, with the invention of the mechanical cotton picker and the expansion of cotton plantations. The industry faced challenges during the American Civil War, but it recovered and continued to grow. In the 20th century, the industry faced new challenges, such as competition from synthetic fibers and the decline of cotton production in the United States. However, the industry adapted and continued to thrive, with new technologies and innovations improving the efficiency of cotton production and processing. In recent history, the "Cotton Buyers (Wholesale)" industry in the United States has faced challenges such as the decline of cotton production in the country and the increasing competition from synthetic fibers. However, the industry has also seen new opportunities, such as the growing demand for organic cotton and the increasing popularity of sustainable and ethical fashion. The industry has adapted to these changes by investing in new technologies and processes, such as precision agriculture and sustainable farming practices. Overall, the "Cotton Buyers (Wholesale)" industry has a rich history of innovation and adaptation, and it continues to play an important role in the global economy.