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NAICS Code 424590-05 Description (8-Digit)

The Hides (Wholesale) industry involves the wholesale distribution of animal hides, skins, and furs. These products are typically obtained from slaughterhouses, hunters, and trappers, and are then sold to tanneries, manufacturers, and retailers. Hides can come from a variety of animals, including cows, pigs, sheep, goats, and exotic animals like snakes and alligators. The industry plays an important role in the leather and fur production supply chain, providing raw materials for further processing.

Hierarchy Navigation for NAICS Code 424590-05

Tools

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

  • Hide pullers
  • Fleshing machines
  • Skivers
  • Splitting machines
  • Beamhouse equipment
  • Tanning drums
  • Measuring tapes
  • Knives and blades
  • Staple guns
  • Sewing machines

Industry Examples of Hides (Wholesale)

Common products and services typical of NAICS Code 424590-05, illustrating the main business activities and contributions to the market.

  • Cow hides
  • Pig skins
  • Sheepskins
  • Goat hides
  • Snake skins
  • Alligator hides
  • Deer hides
  • Rabbit skins
  • Fox furs
  • Mink furs

Certifications, Compliance and Licenses for NAICS Code 424590-05 - Hides (Wholesale)

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

  • USDA Organic Certification: This certification is required for hides that are produced organically. The certification is provided by the United States Department of Agriculture (USDA) and ensures that the hides meet the organic standards set by the USDA.
  • Leather Working Group Certification: This certification is provided by the Leather Working Group (LWG) and ensures that the hides are produced in an environmentally responsible way. The certification covers the entire supply chain, from the farm to the tannery.
  • Hazard Analysis and Critical Control Points (HACCP) Certification: This certification is required for hides that are intended for human consumption. The certification is provided by the International HACCP Alliance and ensures that the hides are produced in a safe and hygienic manner.
  • ISO 9001 Certification: This certification is provided by the International Organization for Standardization (ISO) and ensures that the hides are produced in a consistent and high-quality manner. The certification covers the entire supply chain, from the farm to the wholesaler.
  • Convention on International Trade In Endangered Species Of Wild Fauna and Flora (CITES) Permit: This permit is required for the import and export of certain types of hides, such as those from endangered species. The permit is provided by the CITES Secretariat and ensures that the trade in these hides is sustainable and legal.

History

A concise historical narrative of NAICS Code 424590-05 covering global milestones and recent developments within the United States.

  • The "Hides (Wholesale)" industry has a long history dating back to ancient times when hides were used for clothing, shelter, and other purposes. In the Middle Ages, the industry became more organized, and guilds were formed to regulate the trade. In the 19th century, the invention of the steam engine and the expansion of the railroad network made it easier to transport hides over long distances, leading to the growth of the industry. In recent times, the industry has faced challenges due to the increasing demand for synthetic materials and the rise of animal welfare concerns. However, the industry has adapted by developing new technologies to process hides more efficiently and sustainably, and by exploring new markets for hides, such as the automotive and fashion industries. In the United States, the "Hides (Wholesale)" industry has a rich history, with many notable milestones. During the colonial period, the industry was centered in New England, where hides were used to make shoes, saddles, and other leather goods. In the 19th century, the industry expanded westward, with Chicago becoming a major center for hide processing and trading. During World War II, the industry played a crucial role in supplying leather for military equipment. In recent times, the industry has faced challenges due to the increasing competition from synthetic materials and the decline of the U.S. manufacturing sector. However, the industry has adapted by focusing on high-value markets, such as luxury leather goods and automotive upholstery.

Future Outlook for Hides (Wholesale)

The anticipated future trajectory of the NAICS 424590-05 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 Hides (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for leather products in various industries such as automotive, fashion, and furniture. The growing awareness about the benefits of leather products, such as durability and sustainability, is also expected to drive the demand for hides. Additionally, the increasing popularity of e-commerce platforms is expected to boost the sales of hides as it provides easy access to a wider customer base. However, the industry may face challenges such as the availability of substitutes and the impact of the COVID-19 pandemic on the global supply chain. Overall, the Hides (Wholesale) industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 424590-05

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

  • Traceability Technology: The use of traceability technology in the Hides (Wholesale) industry has increased in recent years. This technology allows the tracking of hides from the source to the final product, ensuring transparency and accountability in the supply chain.
  • Sustainable Practices: Many companies in the Hides (Wholesale) industry are adopting sustainable practices to reduce their environmental impact. This includes the use of eco-friendly tanning processes and the implementation of waste reduction strategies.
  • Online Marketplaces: The increasing popularity of online marketplaces has provided a platform for small and medium-sized businesses to reach a wider customer base. This has led to increased competition in the industry and has encouraged companies to innovate and improve their products and services.
  • Automation: The use of automation in the Hides (Wholesale) industry has increased in recent years. This includes the use of robotics in the processing and handling of hides, which has improved efficiency and reduced labor costs.
  • Product Diversification: Many companies in the Hides (Wholesale) industry are diversifying their product offerings to cater to a wider range of customers. This includes the production of specialty hides for niche markets such as luxury fashion and automotive industries.

NAICS Code 424590-05 - Hides (Wholesale)

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