NAICS Code 424990-39 - Felt & Felt Products (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 424990-39 Description (8-Digit)

The Felt & Felt Products (Wholesale) industry involves the distribution of felt and felt products to various businesses and industries. Felt is a textile material that is produced by matting, condensing, and pressing fibers together. Felt products can be made from a range of fibers, including wool, synthetic fibers, and blends. The industry includes the wholesale distribution of felt sheets, rolls, strips, and other felt products such as felt pads, felt gaskets, and felt washers. These products are used in a variety of applications, including automotive, construction, industrial, and consumer goods.

Hierarchy Navigation for NAICS Code 424990-39

Tools

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

  • Felt cutting machine
  • Felt sewing machine
  • Felt stamping machine
  • Felt polishing wheel
  • Felt buffing wheel
  • Felt roller
  • Felt carding machine
  • Felt needle punch machine
  • Felt dyeing machine
  • Felt laminating machine
  • Felt embossing machine
  • Felt printing machine
  • Felt inspection machine
  • Felt winding machine
  • Felt slitting machine
  • Felt testing equipment
  • Felt cleaning equipment
  • Felt drying equipment
  • Felt finishing equipment

Industry Examples of Felt & Felt Products (Wholesale)

Common products and services typical of NAICS Code 424990-39, illustrating the main business activities and contributions to the market.

  • Felt hats
  • Felt boots
  • Felt bags
  • Felt coasters
  • Felt placemats
  • Felt table runners
  • Felt ornaments
  • Felt toys
  • Felt furniture pads
  • Felt polishing pads
  • Felt gaskets
  • Felt washers
  • Felt seals
  • Felt insulation
  • Felt soundproofing
  • Felt oil absorbent pads
  • Felt filter media
  • Felt wicks
  • Felt weatherstripping

Certifications, Compliance and Licenses for NAICS Code 424990-39 - Felt & Felt Products (Wholesale)

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

  • Oeko-Tex Standard 100: This certification ensures that the felt products are free from harmful substances and are safe for human use. It is provided by the International Association for Research and Testing in the Field of Textile Ecology (Oeko-Tex).
  • Global Organic Textile Standard (GOTS): This certification ensures that the felt products are made from organic fibers and are processed without the use of harmful chemicals. It is provided by the Global Organic Textile Standard.
  • Forest Stewardship Council (FSC) Certification: This certification ensures that the felt products are made from responsibly sourced wood and paper products. It is provided by the Forest Stewardship Council.
  • Sustainable Forestry Initiative (SFI) Certification: This certification ensures that the felt products are made from responsibly sourced wood and paper products. It is provided by the Sustainable Forestry Initiative.
  • ISO 9001:2015 Certification: This certification ensures that the felt products are manufactured using a quality management system that meets international standards. It is provided by the International Organization for Standardization.

History

A concise historical narrative of NAICS Code 424990-39 covering global milestones and recent developments within the United States.

  • The history of the Felt & Felt Products (Wholesale) industry dates back to ancient times when felt was used for clothing, shelter, and other purposes. The first known use of felt dates back to 650 BC in Siberia. The industry grew in popularity during the Middle Ages when felt was used for clothing, hats, and footwear. In the 19th century, the industry expanded to include the production of felt for industrial purposes, such as insulation and gaskets. In the United States, the industry grew rapidly during the 20th century, with the development of new technologies and the expansion of the manufacturing sector. Today, the industry continues to grow and evolve, with new applications for felt products in a wide range of industries, including automotive, construction, and consumer goods.

Future Outlook for Felt & Felt Products (Wholesale)

The anticipated future trajectory of the NAICS 424990-39 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 Felt & Felt Products (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for eco-friendly and sustainable products. The use of felt products in various industries such as automotive, construction, and textiles is also expected to drive the growth of the industry. Additionally, the growing popularity of DIY and crafting activities is expected to increase the demand for felt products. However, the industry may face challenges due to the availability of alternative materials and the impact of the COVID-19 pandemic on the supply chain and demand for non-essential products.

Industry Innovations for NAICS Code 424990-39

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

  • Eco-Friendly Felt Made from Recycled Plastic Bottles: This innovation has helped the industry to reduce its carbon footprint and meet the growing demand for sustainable products.
  • Felt Products for Automotive Applications: Felt is used in various automotive applications such as sound insulation, gasketing, and sealing. The development of new felt products for these applications has helped the industry to expand its customer base.
  • Felt Products for Construction Applications: Felt is used in various construction applications such as roofing underlayment, house wrap, and insulation. The development of new felt products for these applications has helped the industry to diversify its product portfolio.
  • Felt Products for Textile Applications: Felt is used in various textile applications such as clothing, footwear, and accessories. The development of new felt products for these applications has helped the industry to tap into new markets.
  • Customized Felt Products: The industry has started offering customized felt products to meet the specific needs of its customers. This has helped the industry to differentiate itself from its competitors and increase customer loyalty.

NAICS Code 424990-39 - Felt & Felt Products (Wholesale)

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