NAICS Code 424990-49 - Gift Baskets & Parcels (Wholesale)

Marketing Level - NAICS 8-Digit

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NAICS Code 424990-49 Description (8-Digit)

The Gift Baskets & Parcels (Wholesale) industry involves the distribution of pre-made gift baskets and parcels to retailers, event planners, and other businesses. These gift baskets and parcels can contain a variety of items such as food, wine, flowers, and other small gifts. The industry also includes the customization of gift baskets and parcels to meet specific customer needs. Companies in this industry may also offer packaging and shipping services for their products.

Hierarchy Navigation for NAICS Code 424990-49

Tools

Tools commonly used in the Gift Baskets & Parcels (Wholesale) industry for day-to-day tasks and operations.

  • Basket filler material (e.g. shredded paper, tissue paper)
  • Cellophane wrap
  • Ribbon and bows
  • Gift tags and labels
  • Scissors and tape
  • Gift basket containers (e.g. wicker baskets, metal tins)
  • Food items (e.g. chocolates, cheese, crackers)
  • Wine and other beverages
  • Flowers and plants
  • Small gifts and trinkets (e.g. candles, bath products)

Industry Examples of Gift Baskets & Parcels (Wholesale)

Common products and services typical of NAICS Code 424990-49, illustrating the main business activities and contributions to the market.

  • Gourmet food gift baskets
  • Wine and cheese gift baskets
  • Baby shower gift baskets
  • Corporate gift baskets
  • Holiday gift baskets
  • Spa gift baskets
  • Get well soon gift baskets
  • Wedding gift baskets
  • Thank you gift baskets
  • Housewarming gift baskets

Certifications, Compliance and Licenses for NAICS Code 424990-49 - Gift Baskets & Parcels (Wholesale)

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

  • FDA Food Safety Modernization Act (FSMA): This certification is required for businesses that manufacture, process, pack, or hold food for human or animal consumption. It ensures that the food is safe for consumption and meets the standards set by the FDA. The certification is provided by the FDA and
  • Hazard Analysis and Critical Control Points (HACCP): This certification is required for businesses that handle food products. It ensures that the food is safe for consumption and meets the standards set by the FDA. The certification is provided by the International HACCP Alliance and
  • Good Manufacturing Practices (GMP): This certification is required for businesses that manufacture, process, pack, or hold food for human or animal consumption. It ensures that the food is safe for consumption and meets the standards set by the FDA. The certification is provided by the NSF International and
  • Certified Packaging Professional (CPP): This certification is required for businesses that design, manufacture, or distribute packaging products. It ensures that the packaging is safe, effective, and meets the standards set by the industry. The certification is provided by the Institute of Packaging Professionals and
  • Certified Logistics Professional (CLP): This certification is required for businesses that handle logistics and supply chain management. It ensures that the business is efficient, effective, and meets the standards set by the industry. The certification is provided by the American Society of Transportation and Logistics and

History

A concise historical narrative of NAICS Code 424990-49 covering global milestones and recent developments within the United States.

  • The gift basket industry has been around for centuries, with the first recorded use of gift baskets dating back to ancient Egypt. The tradition of giving gift baskets as a present has continued throughout history, with notable advancements in the industry occurring in the 20th century. In the United States, the gift basket industry began to gain popularity in the 1930s and 1940s, with companies like Harry & David and Hickory Farms becoming household names. In recent years, the industry has seen a shift towards more personalized and artisanal gift baskets, with a focus on locally sourced and organic products.

Future Outlook for Gift Baskets & Parcels (Wholesale)

The anticipated future trajectory of the NAICS 424990-49 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The gift baskets and parcels wholesale industry in the USA is expected to grow in the coming years due to the increasing demand for personalized and customized gift baskets. The industry is also expected to benefit from the growing trend of online shopping, which makes it easier for consumers to purchase gift baskets and parcels. Additionally, the industry is expected to benefit from the growing popularity of eco-friendly and sustainable products, which is expected to drive demand for gift baskets and parcels made from sustainable materials. However, the industry may face challenges due to the increasing competition from other gifting options such as e-gift cards and subscription boxes. Overall, the industry is expected to grow steadily in the coming years, driven by the increasing demand for personalized and sustainable gifting options.

Industry Innovations for NAICS Code 424990-49

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

  • Personalized Gift Baskets: Companies in the gift baskets and parcels wholesale industry are offering personalized gift baskets that cater to the specific needs and preferences of customers. These gift baskets can be customized with a variety of items such as gourmet food, wine, and spa products, among others.
  • Eco-Friendly Gift Baskets: With the growing demand for sustainable products, companies in the gift baskets and parcels wholesale industry are offering eco-friendly gift baskets made from sustainable materials such as bamboo, recycled paper, and organic cotton.
  • Online Ordering and Delivery: Many companies in the gift baskets and parcels wholesale industry are offering online ordering and delivery services, making it easier for customers to purchase and send gift baskets to their loved ones.
  • Corporate Gifting: The gift baskets and parcels wholesale industry is increasingly catering to the corporate gifting market, offering customized gift baskets for corporate clients and employees.
  • Seasonal Gift Baskets: Companies in the gift baskets and parcels wholesale industry are offering seasonal gift baskets for occasions such as Christmas, Easter, and Valentine's Day, among others.

NAICS Code 424990-49 - Gift Baskets & Parcels (Wholesale)

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