NAICS Code 424610-07 - Plastics-Products-Finished (Wholesale)

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NAICS Code 424610-07 Description (8-Digit)

Plastics-Products-Finished (Wholesale) is a subdivision of the NAICS Code 424610 that involves the wholesale distribution of finished plastic products. This industry includes companies that purchase plastic products from manufacturers and sell them to retailers, contractors, and other end-users. The products distributed by this industry include a wide range of finished plastic goods, such as plastic bags, containers, packaging materials, and other plastic products used in various industries.

Hierarchy Navigation for NAICS Code 424610-07

Tools

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

  • Injection molding machines
  • Extrusion machines
  • Blow molding machines
  • Thermoforming machines
  • CNC machines
  • Laser cutting machines
  • 3D printers
  • Plastic welding machines
  • Plastic cutting machines
  • Plastic bending machines

Industry Examples of Plastics-Products-Finished (Wholesale)

Common products and services typical of NAICS Code 424610-07, illustrating the main business activities and contributions to the market.

  • Plastic bags
  • Plastic containers
  • Plastic packaging materials
  • Plastic toys
  • Plastic furniture
  • Plastic household items
  • Plastic automotive parts
  • Plastic construction materials
  • Plastic medical devices
  • Plastic electronic components

Certifications, Compliance and Licenses for NAICS Code 424610-07 - Plastics-Products-Finished (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 International Certification is required for plastic products that come into contact with food and beverages. The certification ensures that the products are safe for use and do not contain harmful chemicals or substances.
  • Underwriters Laboratories (UL) Certification: The UL Certification is a safety certification that ensures that the plastic products meet safety standards and do not pose any hazards to users. The certification is required for plastic products that are used in electrical and electronic applications.
  • International Organization for Standardization (ISO) Certification: The ISO Certification is a quality management certification that ensures that the plastic products meet international quality standards. The certification is required for plastic products that are exported to other countries.
  • Occupational Safety and Health Administration (OSHA) Certification: The OSHA Certification is a safety certification that ensures that the plastic products meet safety standards and do not pose any hazards to workers. The certification is required for plastic products that are used in industrial applications.
  • Environmental Protection Agency (EPA) Certification: The EPA Certification is an environmental certification that ensures that the plastic products meet environmental standards and do not harm the environment. The certification is required for plastic products that are used in environmental applications.

History

A concise historical narrative of NAICS Code 424610-07 covering global milestones and recent developments within the United States.

  • The Plastics-Products-Finished (Wholesale) industry has a long and rich history dating back to the early 20th century. The first synthetic plastic, Bakelite, was invented in 1907, and by the 1920s, plastics were being used in a wide range of products, including toys, kitchenware, and automotive parts. The industry continued to grow throughout the 20th century, with new materials and manufacturing processes being developed that allowed for the creation of more complex and durable plastic products. In recent years, the industry has faced increased scrutiny over the environmental impact of plastic waste, leading to a renewed focus on sustainability and the development of new, eco-friendly materials. In the United States, the Plastics-Products-Finished (Wholesale) industry has been a major contributor to the country's economy for decades. The industry has seen significant growth in recent years, driven by factors such as increased demand for plastic products in the automotive and construction industries, as well as the rise of e-commerce and online retail. Despite challenges such as the ongoing COVID-19 pandemic and concerns over environmental sustainability, the industry is expected to continue to grow in the coming years, driven by innovation and new technologies.

Future Outlook for Plastics-Products-Finished (Wholesale)

The anticipated future trajectory of the NAICS 424610-07 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Plastics-Products-Finished (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for plastic products in various sectors such as construction, automotive, and packaging. The industry is also expected to benefit from the growing trend of using eco-friendly and sustainable plastic products. The increasing adoption of automation and digitalization in the industry is also expected to drive growth and improve efficiency. However, the industry may face challenges such as rising raw material costs, increasing competition, and changing regulations related to plastic products. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424610-07

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

  • Biodegradable Plastic Products: The industry has seen a rise in the production and sale of biodegradable plastic products, which are eco-friendly and sustainable. These products are made from natural materials and can decompose easily, reducing the environmental impact of plastic waste.
  • 3D Printing Of Plastic Products: The use of 3D printing technology has revolutionized the production of plastic products. This technology allows for the creation of complex and customized plastic products with high precision and accuracy.
  • Smart Plastic Products: The industry has seen the development of smart plastic products that can sense and respond to changes in the environment. These products have applications in various sectors such as healthcare, automotive, and packaging.
  • Recycled Plastic Products: The industry has seen an increase in the production and sale of recycled plastic products, which are made from post-consumer and post-industrial plastic waste. These products help reduce the amount of plastic waste in the environment and promote sustainability.
  • Lightweight Plastic Products: The industry has seen the development of lightweight plastic products that offer high strength and durability. These products have applications in various sectors such as aerospace, automotive, and construction.

NAICS Code 424610-07 - Plastics-Products-Finished (Wholesale)

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