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NAICS Code 424990-73 Description (8-Digit)

The Pictures (Wholesale) industry involves the distribution of various types of pictures, including photographs, paintings, and prints, to retailers and other businesses. These pictures may be used for decorative purposes or sold as collectibles. The industry also includes the wholesale distribution of picture frames and other related accessories.

Hierarchy Navigation for NAICS Code 424990-73

Tools

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

  • Picture hangers
  • Framing tools (e.g. mat cutters, frame joiners)
  • Protective packaging materials (e.g. bubble wrap, foam sheets)
  • Digital cameras and photo editing software
  • Art handling gloves
  • Lighting equipment (e.g. studio lights, light meters)
  • Scanners and printers
  • Cutting tools (e.g. utility knives, scissors)
  • Measuring tools (e.g. rulers, tape measures)
  • Display stands and easels

Industry Examples of Pictures (Wholesale)

Common products and services typical of NAICS Code 424990-73, illustrating the main business activities and contributions to the market.

  • Landscape photographs
  • Abstract paintings
  • Vintage movie posters
  • Fine art prints
  • Sports memorabilia
  • Celebrity photographs
  • Framed mirrors
  • Inspirational quotes and sayings
  • Wildlife photography
  • Cityscape paintings

Certifications, Compliance and Licenses for NAICS Code 424990-73 - Pictures (Wholesale)

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

  • Forest Stewardship Council (FSC) Certification: The FSC certification ensures that the wood used in picture frames and other products is sourced from responsibly managed forests. The certification is provided by the Forest Stewardship Council.
  • Sustainable Forestry Initiative (SFI) Certification: The SFI certification is another certification that ensures that the wood used in picture frames and other products is sourced from responsibly managed forests. The certification is provided by the Sustainable Forestry Initiative.
  • Occupational Safety and Health Administration (OSHA) Certification: The OSHA certification ensures that the workplace is safe and healthy for employees. The certification is provided by the Occupational Safety and Health Administration.
  • Environmental Protection Agency (EPA) Certification: The EPA certification ensures that the products sold by the industry meet environmental standards. The certification is provided by the Environmental Protection Agency.
  • National Fire Protection Association (NFPA) Certification: The NFPA certification ensures that the products sold by the industry meet fire safety standards. The certification is provided by the National Fire Protection Association.

History

A concise historical narrative of NAICS Code 424990-73 covering global milestones and recent developments within the United States.

  • The "Pictures (Wholesale)" industry has a long history dating back to the 15th century when the printing press was invented. This invention allowed for the mass production of images, which led to the creation of the first picture postcards in the late 1800s. In the early 1900s, the industry saw a boom in demand for picture postcards, which were used for personal correspondence and as souvenirs. The industry continued to grow with the introduction of new technologies such as color printing and digital photography. In recent years, the industry has shifted towards online sales and the use of social media platforms for marketing and distribution. In the United States, the "Pictures (Wholesale)" industry has a rich history that dates back to the early 1900s. The industry saw a significant increase in demand during World War II when pictures were used for propaganda and morale-boosting purposes. In the 1950s and 1960s, the industry saw a shift towards the use of color photography and the introduction of new printing technologies. The industry continued to grow in the 1990s with the rise of digital photography and the internet. Today, the industry is focused on online sales and the use of social media platforms for marketing and distribution.

Future Outlook for Pictures (Wholesale)

The anticipated future trajectory of the NAICS 424990-73 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 Pictures (Wholesale) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for pictures and frames in the commercial and residential sectors. The rise in disposable income and the growing trend of home decor are also expected to contribute to the growth of the industry. The industry is also expected to benefit from the increasing popularity of online shopping, which has made it easier for wholesalers to reach a wider customer base. However, the industry may face challenges due to the increasing competition from online retailers and the rising cost of raw materials. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 424990-73

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

  • Digital Printing Technology: The introduction of digital printing technology has revolutionized the Pictures (Wholesale) industry. This technology has made it easier and more cost-effective for wholesalers to produce high-quality prints in large quantities.
  • Eco-Friendly Products: Many wholesalers in the Pictures industry are now offering eco-friendly products, such as frames made from recycled materials. This trend is expected to continue as consumers become more environmentally conscious.
  • Customization: Wholesalers are now offering more customization options to their customers, such as personalized frames and prints. This trend is expected to continue as consumers seek more unique and personalized products.
  • Online Sales: The rise of e-commerce has made it easier for wholesalers to reach a wider customer base. Many wholesalers are now selling their products online, which has helped to increase their sales and revenue.
  • Augmented Reality: Some wholesalers are now using augmented reality technology to allow customers to visualize how a particular picture or frame would look in their home or office. This technology is expected to become more widespread in the coming years.

NAICS Code 424990-73 - Pictures (Wholesale)

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