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NAICS Code 424690-63 Description (8-Digit)

Polishes (Wholesale) is a subdivision of the Other Chemical and Allied Products Merchant Wholesalers industry. This industry involves the wholesale distribution of polishes, which are substances used for cleaning, shining, and protecting surfaces. Polishes can be used on a variety of surfaces, including wood, metal, glass, and plastic. The polishes distributed by companies in this industry can be in the form of liquids, pastes, or sprays. Companies in this industry may also distribute related products, such as cleaning cloths and applicators.

Hierarchy Navigation for NAICS Code 424690-63

Tools

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

  • Buffing machines
  • Polishing pads
  • Microfiber cloths
  • Polishing compounds
  • Wax applicators
  • Polishing brushes
  • Polishing discs
  • Polishing powders
  • Polishing wheels
  • Polishing bonnets

Industry Examples of Polishes (Wholesale)

Common products and services typical of NAICS Code 424690-63, illustrating the main business activities and contributions to the market.

  • Furniture polish
  • Car polish
  • Metal polish
  • Glass polish
  • Shoe polish
  • Floor polish
  • Leather polish
  • Granite polish
  • Marble polish
  • Plastic polish

Certifications, Compliance and Licenses for NAICS Code 424690-63 - Polishes (Wholesale)

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

  • Hazard Communication Standard (HCS): The HCS is a set of guidelines that require chemical manufacturers, distributors, and importers to provide information about the hazards of their products to their customers. This certification is required for all chemical products, including polishes, and is regulated by the Occupational Safety and Health Administration (OSHA).
  • Environmental Protection Agency (EPA) Certification: The EPA requires certification for companies that produce or distribute pesticides, including some types of polishes. This certification ensures that the products are safe for the environment and human health.
  • National Sanitation Foundation (NSF) Certification: The NSF provides certification for products that meet certain health and safety standards. This certification is important for polishes that are used in food service or medical facilities.
  • International Organization for Standardization (ISO) 9001:2015 Certification: This certification is a quality management system that ensures that a company's products and services meet customer and regulatory requirements. This certification is important for companies that produce and distribute polishes to ensure that their products meet quality standards.
  • Good Manufacturing Practice (GMP) Certification: GMP certification ensures that a company's products are consistently produced and controlled according to quality standards. This certification is important for companies that produce and distribute polishes to ensure that their products are safe and effective.

History

A concise historical narrative of NAICS Code 424690-63 covering global milestones and recent developments within the United States.

  • The history of the Polishes (Wholesale) industry dates back to the early 19th century when the first commercial furniture polish was introduced in the United States. The industry grew rapidly in the 20th century with the introduction of new and innovative products such as car polishes, metal polishes, and floor polishes. In the 1960s, the industry saw a significant shift towards environmentally friendly and non-toxic products. In recent years, the industry has been impacted by the COVID-19 pandemic, which has led to an increased demand for cleaning and disinfecting products. The industry has responded by introducing new products such as disinfectant sprays and wipes to meet the changing needs of consumers.

Future Outlook for Polishes (Wholesale)

The anticipated future trajectory of the NAICS 424690-63 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 Polishes (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for polishes in various sectors such as automotive, furniture, and construction. The growing awareness about the importance of maintaining the appearance of products is also expected to drive the demand for polishes. Additionally, the increasing popularity of e-commerce platforms is expected to boost the sales of polishes through online channels. However, the industry may face challenges such as the availability of raw materials and the increasing competition from substitute products. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424690-63

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

  • The Development Of Eco-Friendly Polishes: With the growing concern about the environment, many companies are developing eco-friendly polishes that are free from harmful chemicals and are biodegradable.
  • The Introduction Of Multi-Purpose Polishes: Many companies are introducing multi-purpose polishes that can be used on various surfaces such as wood, metal, and plastic. This has increased the convenience for customers and reduced the need for multiple products.
  • The Use Of Nanotechnology In Polishes: Nanotechnology is being used to develop polishes that provide better protection and shine. These polishes use nanoparticles to penetrate the surface and provide long-lasting protection.
  • The Development Of Spray Polishes: Spray polishes are becoming popular due to their ease of use and quick application. Many companies are introducing spray polishes that can be used on various surfaces such as glass, metal, and plastic.
  • The Use Of Social Media for Marketing: Many companies are using social media platforms such as Instagram and Facebook to market their polishes. This has increased the visibility of the products and has helped in reaching a wider audience.

NAICS Code 424690-63 - Polishes (Wholesale)

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