NAICS Code 424990-56 - Leather (Wholesale)
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NAICS Code 424990-56 Description (8-Digit)
Hierarchy Navigation for NAICS Code 424990-56
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Tools
Tools commonly used in the Leather (Wholesale) industry for day-to-day tasks and operations.
- Leather cutting machine
- Leather sewing machine
- Leather skiving machine
- Leather splitting machine
- Leather embossing machine
- Leather stamping tools
- Leather edge beveler
- Leather edge creaser
- Leather edge dye
- Leather hole punch
- Leather rivet setter
- Leather snap setter
- Leather strap cutter
- Leather burnisher
- Leather conditioner
- Leather glue
- Leather needles
- Leather scissors
- Leather measuring tape
Industry Examples of Leather (Wholesale)
Common products and services typical of NAICS Code 424990-56, illustrating the main business activities and contributions to the market.
- Leather belts
- Leather bags
- Leather shoes
- Leather jackets
- Leather wallets
- Leather gloves
- Leather furniture
- Leather watch straps
- Leather dog collars
- Leather keychains
- Leather book covers
- Leather phone cases
- Leather hats
- Leather boots
- Leather briefcases
- Leather portfolios
- Leather aprons
- Leather coasters
- Leather journals
Certifications, Compliance and Licenses for NAICS Code 424990-56 - Leather (Wholesale)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Leather Working Group Certification: The Leather Working Group (LWG) Certification is a program that assesses the environmental compliance and performance capabilities of leather manufacturers. The certification is awarded to leather manufacturers that meet the LWG's environmental standards. The certification is important for the leather wholesale industry as it ensures that the leather products are produced in an environmentally friendly manner.
- Occupational Safety and Health Administration (OSHA) Certification: OSHA Certification is required for businesses that operate in the leather wholesale industry. The certification ensures that the business complies with OSHA's safety and health standards. The certification is important for the leather wholesale industry as it ensures that the workers are safe and healthy while working.
- National Fire Protection Association (NFPA) Certification: NFPA Certification is required for businesses that operate in the leather wholesale industry. The certification ensures that the business complies with NFPA's fire safety standards. The certification is important for the leather wholesale industry as it ensures that the products are safe from fire hazards.
- International Organization for Standardization (ISO) 9001 Certification: ISO 9001 Certification is a quality management system certification that is required for businesses that operate in the leather wholesale industry. The certification ensures that the business complies with ISO's quality management standards. The certification is important for the leather wholesale industry as it ensures that the products are of high quality.
- Global Organic Textile Standard (GOTS) Certification: GOTS Certification is a program that assesses the environmental compliance and performance capabilities of textile manufacturers. The certification is awarded to textile manufacturers that meet the GOTS's environmental standards. The certification is important for the leather wholesale industry as it ensures that the textile products used in the leather products are produced in an environmentally friendly manner.
History
A concise historical narrative of NAICS Code 424990-56 covering global milestones and recent developments within the United States.
- The leather industry has a long and rich history dating back to ancient civilizations such as Egypt, Greece, and Rome. Leather was used for clothing, footwear, and armor, and was also traded as a valuable commodity. In the Middle Ages, leather production became more sophisticated, with the introduction of tanning techniques that made the leather more durable and resistant to water. During the Industrial Revolution, leather production became mechanized, and new techniques were developed to produce leather goods on a large scale. In the United States, the leather industry grew rapidly in the 19th century, with the development of new tanning methods and the expansion of the railroad system, which made it easier to transport leather and leather goods across the country. Today, the leather industry is a global business, with major producers in countries such as Italy, China, and India. In recent history, the leather industry in the United States has faced a number of challenges, including increased competition from overseas producers, changing consumer preferences, and the rise of synthetic materials. However, the industry has also seen some notable advancements, such as the development of new tanning methods that are more environmentally friendly, and the use of technology to improve the efficiency of production processes. Despite these challenges, the leather industry remains an important part of the U.S. economy, with a wide range of applications in industries such as fashion, automotive, and furniture.
Future Outlook for Leather (Wholesale)
The anticipated future trajectory of the NAICS 424990-56 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 leather wholesale industry in the USA is expected to grow in the coming years due to the increasing demand for leather products in various sectors such as fashion, automotive, and furniture. The industry is also expected to benefit from the growing trend of eco-friendly and sustainable leather products. However, the industry may face challenges due to the increasing competition from synthetic leather products and the impact of the COVID-19 pandemic on the global supply chain. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 424990-56
Recent groundbreaking advancements and milestones in the Leather (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.
- Leather Made from Mushrooms: A new innovation in the leather industry is the use of mushrooms to create a sustainable and eco-friendly alternative to traditional leather. Companies such as MycoWorks and Bolt Threads are leading the way in this field.
- Smart Leather: With the rise of the Internet of Things (IoT), leather products are being developed with smart features such as sensors that can monitor temperature, humidity, and other environmental factors. This technology is being used in various sectors such as automotive and fashion.
- Leather Recycling: With the growing concern for the environment, leather recycling is becoming more popular. Companies such as Leather Naturally are working on developing new technologies to recycle leather waste and create new products.
- Vegan Leather: With the increasing demand for sustainable and cruelty-free products, vegan leather is becoming more popular. Companies such as Piñatex and Desserto are creating leather alternatives made from materials such as pineapple leaves and cactus.
- Leather Customization: With the rise of e-commerce, companies are offering customized leather products to customers. This allows customers to choose the color, texture, and design of their leather products. Companies such as Leatherology and Vaja are leading the way in this field.
NAICS Code 424990-56 - Leather (Wholesale)
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