NAICS Code 424910-35 - Tobacco Rehandlers (Wholesale)
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NAICS Code 424910-35 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424910-35
Parent Code (less specific)
Tools
Tools commonly used in the Tobacco Rehandlers (Wholesale) industry for day-to-day tasks and operations.
- Tobacco cutters
- Cigarette rolling machines
- Humidors
- Tobacco pipes
- Cigar cutters
- Lighters
- Ashtrays
- Tobacco pouches
- Hookahs
- Rolling papers
Industry Examples of Tobacco Rehandlers (Wholesale)
Common products and services typical of NAICS Code 424910-35, illustrating the main business activities and contributions to the market.
- Cigarettes
- Cigars
- Chewing tobacco
- Snuff
- Pipe tobacco
- Rolling tobacco
- Hookah tobacco
- Tobacco accessories
- Electronic cigarettes
- Nicotine patches
Certifications, Compliance and Licenses for NAICS Code 424910-35 - Tobacco Rehandlers (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Tobacco Sales License: A license required by the state to sell tobacco products. The license is issued by the state's Department of Revenue or similar agency. The license is required to ensure that the seller is aware of the laws and regulations regarding the sale of tobacco products. No link available.
- Tobacco Retailer Certificate: A certificate required by some states to sell tobacco products. The certificate is issued by the state's Department of Revenue or similar agency. The certificate is required to ensure that the seller is aware of the laws and regulations regarding the sale of tobacco products. No link available.
- Tobacco Wholesaler License: A license required by some states to sell tobacco products in wholesale quantities. The license is issued by the state's Department of Revenue or similar agency. The license is required to ensure that the seller is aware of the laws and regulations regarding the sale of tobacco products. No link available.
- Tobacco Importer License: A license required by the federal government to import tobacco products into the United States. The license is issued by the Alcohol and Tobacco Tax and Trade Bureau (TTB). The license is required to ensure that the importer is aware of the laws and regulations regarding the importation of tobacco products.
- Tobacco Exporter License: A license required by the federal government to export tobacco products from the United States. The license is issued by the Alcohol and Tobacco Tax and Trade Bureau (TTB). The license is required to ensure that the exporter is aware of the laws and regulations regarding the exportation of tobacco products.
History
A concise historical narrative of NAICS Code 424910-35 covering global milestones and recent developments within the United States.
- The history of the Tobacco Rehandlers (Wholesale) industry dates back to the 19th century when tobacco became a popular commodity in the United States. The industry grew rapidly in the early 1900s, with the establishment of large tobacco companies such as American Tobacco Company and Liggett & Myers. During the 1920s, the industry faced a significant challenge with the introduction of the cigarette rolling machine, which led to a decline in the demand for hand-rolled cigars. However, the industry adapted to the changing market and shifted its focus to the production of cigarettes. In recent years, the industry has faced challenges due to the increasing awareness of the health risks associated with tobacco use, leading to a decline in demand for tobacco products. Despite this, the industry has continued to adapt and innovate, with the introduction of new products such as e-cigarettes and other vaping devices. In the United States, the Tobacco Rehandlers (Wholesale) industry has a long history dating back to the colonial era. The industry grew rapidly in the 19th century, with the establishment of large tobacco companies such as R.J. Reynolds and Philip Morris. During the 20th century, the industry faced significant challenges due to the increasing awareness of the health risks associated with tobacco use, leading to a decline in demand for tobacco products. However, the industry adapted to the changing market and shifted its focus to the production of new products such as e-cigarettes and other vaping devices. In recent years, the industry has faced challenges due to the increasing regulation of tobacco products, including restrictions on advertising and the introduction of plain packaging laws. Despite these challenges, the industry has continued to innovate and adapt to the changing market, with the introduction of new products and the expansion of its distribution channels.
Future Outlook for Tobacco Rehandlers (Wholesale)
The anticipated future trajectory of the NAICS 424910-35 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Tobacco Rehandlers (Wholesale) industry in the USA is expected to be positive. The industry is projected to grow in the coming years due to the increasing demand for tobacco products. However, the industry may face challenges due to the increasing regulations on tobacco products and the growing trend of people quitting smoking. The industry is also expected to face competition from the e-cigarette industry, which is growing rapidly. Despite these challenges, the industry is expected to continue to grow due to the high demand for tobacco products in the USA.
Industry Innovations for NAICS Code 424910-35
Recent groundbreaking advancements and milestones in the Tobacco Rehandlers (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Introduction Of New Tobacco Products: The industry has seen the introduction of new tobacco products such as smokeless tobacco, which has gained popularity among consumers due to its perceived health benefits.
- Expansion Of Distribution Channels: The industry has expanded its distribution channels to include online sales, which has increased the reach of the industry to consumers.
- Adoption Of Technology: The industry has adopted technology to improve its operations, such as the use of automated systems for inventory management and order processing.
- Diversification Of Product Offerings: The industry has diversified its product offerings to include other tobacco-related products such as pipes, cigars, and accessories, which has increased its revenue streams.
- Collaboration with Retailers: The industry has collaborated with retailers to increase the visibility of its products and improve its marketing efforts.
NAICS Code 424910-35 - Tobacco Rehandlers (Wholesale)
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