Tools commonly used in the Party Supplies (Wholesale) industry for day-to-day tasks and operations.

• Balloon inflators
• Ribbon cutters
• Heat sealers
• Party popper machines
• Confetti cannons
• Pinata sticks
• Table skirt clips
• Balloon sizers
• Streamer winders
• Fog machines

Common products and services typical of NAICS Code 424990-68, illustrating the main business activities and contributions to the market.

• Balloons
• Party favors
• Tableware
• Decorations
• Pinatas
• Streamers
• Confetti
• Party hats
• Costumes
• Photo booth props

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

• Hazardous Materials Endorsement (HME): A certification required by the Transportation Security Administration (TSA) for drivers who transport hazardous materials. The certification ensures that drivers are aware of the risks associated with transporting hazardous materials and are trained to handle them safely. The certification is issued by the TSA and can be obtained through the Department of Motor Vehicles (DMV).
• Occupational Safety and Health Administration (OSHA) Certification: OSHA certification is required for workers who handle hazardous materials. The certification ensures that workers are aware of the risks associated with handling hazardous materials and are trained to handle them safely. The certification is issued by OSHA and can be obtained through various training providers.
• Food and Drug Administration (FDA) Certification: FDA certification is required for businesses that manufacture, process, pack, or store food, drugs, or medical devices. The certification ensures that businesses comply with FDA regulations and maintain a safe and sanitary environment. The certification is issued by the FDA and can be obtained through various training providers.
• National Association Of Wholesaler-Distributors (NAW) Certification: NAW certification is a voluntary certification that demonstrates a commitment to excellence in wholesale distribution. The certification is issued by the NAW and can be obtained through various training providers.
• Certified Professional In Distribution and Warehousing (CPDW) Certification: CPDW certification is a voluntary certification that demonstrates a commitment to excellence in distribution and warehousing. The certification is issued by the International Warehouse Logistics Association (IWLA) and can be obtained through various training providers.

A concise historical narrative of NAICS Code 424990-68 covering global milestones and recent developments within the United States.

• The party supplies industry has been around for centuries, with the first recorded party being thrown by the ancient Greeks in honor of the god Dionysus. However, the modern party supplies industry began to take shape in the early 20th century with the advent of mass-produced paper products such as plates, cups, and napkins. In the 1950s and 60s, the industry saw a boom with the rise of suburban living and the popularity of children's birthday parties. In recent years, the industry has continued to evolve with the introduction of new technologies such as digital printing and the growing trend of eco-friendly and sustainable party supplies. In the United States, the party supplies industry has seen steady growth over the past decade, with a market size of over $5 billion in 2020. The industry has been impacted by various factors such as the rise of e-commerce and the COVID-19 pandemic, which has led to an increase in virtual celebrations and a shift towards smaller, more intimate gatherings. Despite these challenges, the industry has continued to innovate and adapt to changing consumer needs, with a focus on personalized and customizable products, as well as eco-friendly and sustainable options.

The anticipated future trajectory of the NAICS 424990-68 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The party supplies wholesale industry in the USA is expected to grow in the coming years due to the increasing demand for party supplies from various end-users such as event planners, retailers, and individuals. The industry is expected to benefit from the growing trend of hosting parties and events for various occasions such as birthdays, weddings, and corporate events. Additionally, the increasing popularity of social media platforms is expected to drive the demand for visually appealing party supplies. The industry is also expected to benefit from the growing trend of eco-friendly and sustainable party supplies. However, the industry may face challenges such as increasing competition from online retailers and the impact of the COVID-19 pandemic on the events industry.

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

• Personalized Party Supplies: Companies are offering personalized party supplies such as custom banners, invitations, and party favors to cater to the growing demand for unique and personalized party experiences.
• Sustainable Party Supplies: The industry is witnessing a growing trend of eco-friendly and sustainable party supplies such as biodegradable plates, cups, and utensils made from materials such as bamboo and cornstarch.
• Themed Party Supplies: Companies are offering themed party supplies such as superhero, princess, and sports-themed party supplies to cater to the growing demand for themed parties.
• DIY Party Supplies: Companies are offering DIY party supplies such as balloon garland kits and party decoration kits to cater to the growing demand for DIY party experiences.
• Contactless Delivery: In response to the COVID-19 pandemic, companies are offering contactless delivery options for party supplies to ensure the safety of their customers.