NAICS Code 424950-02 - Furniture Repairing/Refinish Supplies (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 424950-02 Description (8-Digit)

Furniture Repairing/Refinish Supplies (Wholesale) is a subdivision of the NAICS Code 424950 that involves the wholesale distribution of supplies and equipment used in the repairing and refinishing of furniture. This industry provides a wide range of products that are essential for furniture repair and refinishing businesses to operate effectively. The products offered by this industry include adhesives, abrasives, finishes, solvents, and other materials that are used in the repair and refinishing of furniture.

Hierarchy Navigation for NAICS Code 424950-02

Tools

Tools commonly used in the Furniture Repairing/Refinish Supplies (Wholesale) industry for day-to-day tasks and operations.

  • Sandpaper
  • Wood filler
  • Putty knife
  • Paintbrushes
  • Spray gun
  • Buffing wheel
  • Heat gun
  • Clamps
  • Chisels
  • Scraper

Industry Examples of Furniture Repairing/Refinish Supplies (Wholesale)

Common products and services typical of NAICS Code 424950-02, illustrating the main business activities and contributions to the market.

  • Furniture repair supplies
  • Refinishing equipment
  • Woodworking tools
  • Upholstery supplies
  • Furniture restoration products
  • Furniture finishing supplies
  • Furniture touch-up products
  • Furniture cleaning supplies
  • Furniture hardware
  • Furniture glides

Certifications, Compliance and Licenses for NAICS Code 424950-02 - Furniture Repairing/Refinish Supplies (Wholesale)

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

  • EPA Lead Certification: This certification is required for any individual or firm that performs renovations, repairs, or painting in pre-1978 housing or child-occupied facilities. The certification is provided by the Environmental Protection Agency (EPA).
  • OSHA Hazard Communication Standard (HCS) Certification: This certification is required for any business that deals with hazardous chemicals. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • DOT Hazardous Materials Transportation Certification: This certification is required for any business that transports hazardous materials. The certification is provided by the Department of Transportation (DOT).
  • ANSI/BIFMA Furniture Safety and Performance Certification: This certification is required for any business that manufactures or sells furniture. The certification is provided by the American National Standards Institute (ANSI) and the Business and Institutional Furniture Manufacturers Association (BIFMA).
  • UL Certification: This certification is required for any business that deals with electrical equipment. The certification is provided by Underwriters Laboratories (UL).

History

A concise historical narrative of NAICS Code 424950-02 covering global milestones and recent developments within the United States.

  • The Furniture Repairing/Refinish Supplies (Wholesale) industry has a long history dating back to the early 20th century when furniture repair and refinishing became popular. The industry has seen significant growth over the years, with the introduction of new technologies and materials. In the 1920s, the use of synthetic materials such as Bakelite and Formica became popular, and in the 1950s, the introduction of plastic and vinyl materials revolutionized the industry. In recent years, the industry has seen a shift towards eco-friendly and sustainable materials, with many companies focusing on reducing their carbon footprint and promoting environmentally friendly products. In the United States, the industry has seen steady growth over the past decade, with an increasing demand for furniture repair and refinishing supplies.

Future Outlook for Furniture Repairing/Refinish Supplies (Wholesale)

The anticipated future trajectory of the NAICS 424950-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The furniture repairing/refinish supplies (wholesale) industry in the USA is expected to grow in the coming years due to the increasing demand for furniture repair and refinishing services. The industry is also expected to benefit from the growing trend of DIY furniture repair and refinishing, which is driving demand for supplies such as sandpaper, paint, and varnish. Additionally, the industry is expected to benefit from the growing popularity of eco-friendly furniture repair and refinishing products, which are becoming increasingly popular among environmentally conscious consumers. However, the industry may face challenges from the increasing availability of online retailers, which may reduce demand for traditional brick-and-mortar wholesalers. Overall, the industry is expected to experience moderate growth in the coming years.

Industry Innovations for NAICS Code 424950-02

Recent groundbreaking advancements and milestones in the Furniture Repairing/Refinish Supplies (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

  • Water-Based Wood Stains: Water-based wood stains are becoming increasingly popular among environmentally conscious consumers due to their low VOC content and reduced environmental impact. These stains are also easier to clean up and have a faster drying time than traditional oil-based stains.
  • Furniture Repair Kits: Furniture repair kits are becoming increasingly popular among DIY enthusiasts and homeowners who want to repair minor damage to their furniture without the need for professional help. These kits typically include supplies such as wood filler, sandpaper, and touch-up paint.
  • Spray-On Finishes: Spray-on finishes are becoming increasingly popular among furniture repair and refinishing professionals due to their ease of use and ability to produce a smooth, even finish. These finishes are also faster to apply than traditional brush-on finishes.
  • Eco-Friendly Furniture Strippers: Eco-friendly furniture strippers are becoming increasingly popular among environmentally conscious consumers due to their low VOC content and reduced environmental impact. These strippers are typically made from natural ingredients such as soybeans and citrus.
  • Furniture Restoration Software: Furniture restoration software is becoming increasingly popular among furniture repair and refinishing professionals due to its ability to streamline the restoration process and improve efficiency. This software typically includes features such as inventory management, project tracking, and customer management.

NAICS Code 424950-02 - Furniture Repairing/Refinish Supplies (Wholesale)

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