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NAICS Code 424990-71 Description (8-Digit)

The Pet Supplies (Wholesale) industry involves the distribution of a wide range of products related to pets, including food, toys, grooming supplies, and accessories. This industry serves as a crucial link between manufacturers and retailers, providing them with the necessary products to meet the needs of pet owners. The industry is highly competitive, with a large number of wholesalers vying for market share. The success of companies in this industry is largely dependent on their ability to offer a diverse range of high-quality products at competitive prices.

Hierarchy Navigation for NAICS Code 424990-71

Tools

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

  • Inventory management software
  • Point of sale (POS) systems
  • Barcode scanners
  • Pallet jacks
  • Hand trucks
  • Shelving and racking systems
  • Shipping and receiving software
  • Label printers
  • Packaging equipment
  • Forklifts

Industry Examples of Pet Supplies (Wholesale)

Common products and services typical of NAICS Code 424990-71, illustrating the main business activities and contributions to the market.

  • Pet food
  • Pet toys
  • Pet grooming supplies
  • Pet beds
  • Collars and leashes
  • Pet clothing
  • Aquarium supplies
  • Bird cages and accessories
  • Reptile supplies
  • Small animal habitats and accessories

Certifications, Compliance and Licenses for NAICS Code 424990-71 - Pet Supplies (Wholesale)

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

  • USDA National Organic Program: This certification is required for pet food and treats that are labeled as organic. The certification ensures that the products meet the USDA's organic standards. The certification is provided by the USDA.
  • Hazard Analysis and Critical Control Points (HACCP): This certification is required for pet food and treats manufacturers to ensure that their products are safe for consumption. The certification is provided by the International HACCP Alliance.
  • Good Manufacturing Practices (GMP): This certification is required for pet food and treats manufacturers to ensure that their products are produced in a safe and consistent manner. The certification is provided by the NSF International.
  • Safe Quality Food (SQF): This certification is required for pet food and treats manufacturers to ensure that their products meet food safety and quality standards. The certification is provided by the Safe Quality Food Institute.
  • National Animal Supplement Council (NASC) Quality Seal: This certification is required for manufacturers of animal supplements to ensure that their products meet quality standards. The certification is provided by the NASC.

History

A concise historical narrative of NAICS Code 424990-71 covering global milestones and recent developments within the United States.

  • The pet supplies industry has been around for centuries, with evidence of pet ownership dating back to ancient civilizations such as Egypt and Greece. However, the wholesale aspect of the industry did not emerge until the 19th century, when pet food and other supplies were produced in large quantities for distribution to retailers. In the United States, the industry experienced significant growth in the mid-20th century, with the rise of pet ownership and the development of new products such as cat litter and premium pet food. In recent years, the industry has continued to evolve with the introduction of new technologies such as smart pet toys and the growing popularity of e-commerce for pet supplies.

Future Outlook for Pet Supplies (Wholesale)

The anticipated future trajectory of the NAICS 424990-71 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The pet supplies wholesale industry in the USA is expected to continue its growth trajectory in the coming years. The increasing number of pet owners and their willingness to spend on their pets is driving the demand for pet supplies. The industry is also benefiting from the trend of humanization of pets, which is leading to the demand for premium and organic pet products. The COVID-19 pandemic has further boosted the industry as more people adopted pets during the pandemic. The industry is also witnessing the trend of e-commerce, which is providing a convenient and cost-effective way for consumers to purchase pet supplies. However, the industry is also facing challenges such as increasing competition and rising costs of raw materials. Overall, the industry is expected to continue its growth in the coming years, driven by the increasing demand for pet supplies and the trend of humanization of pets.

Industry Innovations for NAICS Code 424990-71

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

  • Smart Pet Feeders: These feeders use technology to dispense food and water for pets, allowing pet owners to monitor and control their pets' feeding habits remotely.
  • Organic and Natural Pet Products: The trend of humanization of pets is leading to the demand for organic and natural pet products, which are free from harmful chemicals and additives.
  • Pet Wearables: These are devices that can be attached to pets to monitor their health and activity levels. They can track the pet's location, heart rate, and other vital signs.
  • Subscription-Based Pet Supply Services: These services provide a convenient way for pet owners to receive regular supplies of pet food and other supplies without having to go to the store.
  • Online Pet Supply Marketplaces: These marketplaces provide a platform for pet owners to purchase a wide range of pet supplies from different brands and sellers in one place.

NAICS Code 424990-71 - Pet Supplies (Wholesale)

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