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NAICS Code 445298-23 Description (8-Digit)

Oriental Goods (Retail) refers to businesses that specialize in selling a variety of goods from Asian countries, including China, Japan, Korea, and Vietnam. These goods may include food items, such as noodles, rice, sauces, and spices, as well as non-food items, such as tea sets, chopsticks, and traditional clothing. The focus of these businesses is to provide customers with access to authentic Asian products that may not be readily available in mainstream retail stores.

Hierarchy Navigation for NAICS Code 445298-23

Tools

Tools commonly used in the Oriental Goods (Retail) industry for day-to-day tasks and operations.

  • Wok
  • Rice cooker
  • Bamboo steamer
  • Mortar and pestle
  • Sushi mat
  • Cleaver
  • Tea infuser
  • Hot pot
  • Dumpling press
  • Tofu press

Industry Examples of Oriental Goods (Retail)

Common products and services typical of NAICS Code 445298-23, illustrating the main business activities and contributions to the market.

  • Asian grocery store
  • Japanese market
  • Korean supermarket
  • Chinese specialty store
  • Vietnamese food market
  • Asian gift shop
  • Oriental decor store
  • Asian kitchenware retailer
  • Asian fashion boutique
  • Asian book store

Certifications, Compliance and Licenses for NAICS Code 445298-23 - Oriental Goods (Retail)

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

  • Food Safety Certification: This certification ensures that the food products sold by the industry are safe for consumption. The certification is provided by organizations like the National Restaurant Association and ServSafe.
  • Hazard Analysis and Critical Control Points (HACCP) Certification: This certification ensures that the industry has implemented a food safety management system that identifies and prevents hazards in the food production process. The certification is provided by organizations like the International HACCP Alliance.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification ensures that the industry complies with the safety and health regulations set by OSHA. The certification is provided by OSHA itself.
  • Food and Drug Administration (FDA) Registration: This registration is required for all food facilities that manufacture, process, pack, or store food, including the industry. The registration is provided by the FDA.
  • Organic Certification: This certification ensures that the food products sold by the industry are produced using organic farming practices. The certification is provided by organizations like the USDA National Organic Program.

History

A concise historical narrative of NAICS Code 445298-23 covering global milestones and recent developments within the United States.

  • The Oriental Goods (Retail) industry has a long and rich history dating back to ancient times. The Silk Road, a network of trade routes connecting the East and West, facilitated the exchange of goods, including spices, tea, and silk, between China and other countries. In the United States, the industry began to take shape in the mid-19th century when Chinese immigrants opened grocery stores to serve their communities. In the 20th century, the popularity of Asian cuisine and culture in the US led to an increase in demand for Oriental goods, and the industry grew rapidly. Today, the industry continues to evolve, with new products and trends emerging to meet the changing needs and preferences of consumers.

Future Outlook for Oriental Goods (Retail)

The anticipated future trajectory of the NAICS 445298-23 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Oriental Goods (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing demand for Asian food and culture in the country. The rise in the Asian population in the USA is also a contributing factor to the growth of the industry. The industry is expected to continue to innovate and expand its product offerings to cater to the diverse needs of its customers. The increasing popularity of online shopping is also expected to drive the growth of the industry as more consumers turn to e-commerce platforms to purchase their favorite Oriental goods.

Industry Innovations for NAICS Code 445298-23

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

  • Online Ordering: Many Oriental goods retailers have started offering online ordering options to their customers, making it easier for them to purchase their favorite products from the comfort of their homes.
  • Healthier Options: Some Oriental goods retailers have started offering healthier options such as gluten-free and organic products to cater to the changing dietary needs of their customers.
  • Ready-To-Eat Meals: Many Oriental goods retailers have started offering ready-to-eat meals, making it easier for customers to enjoy their favorite Asian dishes without having to cook from scratch.
  • Sustainable Packaging: Some Oriental goods retailers have started using sustainable packaging options such as biodegradable containers and reusable bags to reduce their environmental impact.
  • Virtual Cooking Classes: Some Oriental goods retailers have started offering virtual cooking classes to their customers, allowing them to learn how to cook their favorite Asian dishes from the comfort of their homes.

NAICS Code 445298-23 - Oriental Goods (Retail)

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