NAICS Code 449110-01 - Apartment Furnishings (Retail)
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NAICS Code 449110-01 Description (8-Digit)
Hierarchy Navigation for NAICS Code 449110-01
Parent Code (less specific)
Tools
Tools commonly used in the Apartment Furnishings (Retail) industry for day-to-day tasks and operations.
- Space-saving furniture
- Multi-functional furniture
- Compact appliances
- Wall-mounted decor
- Storage solutions
- Small-scale lighting fixtures
- Portable air conditioning units
- Compact vacuum cleaners
- Folding chairs and tables
- Stackable storage containers
Industry Examples of Apartment Furnishings (Retail)
Common products and services typical of NAICS Code 449110-01, illustrating the main business activities and contributions to the market.
- Sofa beds
- Murphy beds
- Convertible coffee tables
- Wall-mounted shelves
- Compact dining sets
- Storage ottomans
- Folding desks
- Nesting tables
- Portable wardrobes
- Compact refrigerators
Certifications, Compliance and Licenses for NAICS Code 449110-01 - Apartment Furnishings (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- UL Certification: UL Certification is a safety certification provided by Underwriters Laboratories, a global safety certification company. This certification ensures that the products meet safety standards and are safe for use. UL Certification is required for electrical appliances and furniture that use electricity.
- Greenguard Certification: Greenguard Certification is provided by UL Environment, a subsidiary of Underwriters Laboratories. This certification ensures that the products meet strict chemical emissions limits and contribute to a healthy indoor environment. Greenguard Certification is required for furniture that is used in indoor environments.
- California Proposition 65 Compliance: California Proposition 65 is a law that requires businesses to provide warnings to Californians about significant exposures to chemicals that cause cancer, birth defects, or other reproductive harm. This compliance is required for furniture that is sold in California.
- Consumer Product Safety Commission (CPSC) Certification: CPSC Certification is a safety certification provided by the Consumer Product Safety Commission, a US government agency. This certification ensures that the products meet safety standards and are safe for use. CPSC Certification is required for furniture that is sold in the US.
- Forest Stewardship Council (FSC) Certification: FSC Certification is a certification provided by the Forest Stewardship Council, an international non-profit organization. This certification ensures that the products are made from responsibly sourced wood and contribute to the conservation of forests. FSC Certification is required for furniture that is made from wood.
History
A concise historical narrative of NAICS Code 449110-01 covering global milestones and recent developments within the United States.
- The "Apartment Furnishings (Retail)" industry has a long history dating back to ancient times when people used to decorate their homes with handmade furniture. In the 18th century, the Industrial Revolution brought mass production of furniture, which made it more affordable for the middle class. In the 20th century, the industry saw a shift towards modern and minimalist designs. In recent years, the industry has been influenced by the rise of e-commerce, which has made it easier for consumers to purchase furniture online. In the United States, the industry has seen a surge in demand due to the increase in apartment living and the trend towards smaller living spaces. This has led to a rise in demand for multifunctional furniture that can be used in small spaces. Overall, the industry has evolved significantly over time to meet the changing needs and preferences of consumers.
Future Outlook for Apartment Furnishings (Retail)
The anticipated future trajectory of the NAICS 449110-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Apartment Furnishings (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing demand for affordable and stylish furniture for small living spaces. The rise in the number of apartments and condos being built in urban areas is also expected to drive the growth of the industry. Additionally, the industry is expected to benefit from the increasing popularity of online shopping, which makes it easier for consumers to purchase furniture. However, the industry may face challenges due to the increasing competition from online retailers and the rising cost of raw materials.
Industry Innovations for NAICS Code 449110-01
Recent groundbreaking advancements and milestones in the Apartment Furnishings (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Virtual Reality Technology: Some furniture retailers are using virtual reality technology to allow customers to visualize how furniture will look in their apartments before making a purchase.
- Sustainable Materials: Many furniture retailers are now using sustainable materials such as bamboo and recycled plastic to create eco-friendly furniture.
- Modular Furniture: Modular furniture is becoming increasingly popular among consumers who live in small apartments. This type of furniture can be easily assembled and disassembled, making it easy to move and store.
- Smart Furniture: Smart furniture is equipped with technology that allows it to perform various functions such as charging devices, playing music, and adjusting lighting.
- Renting Furniture: Some furniture retailers are now offering furniture rental services, which allows customers to rent furniture for a short period of time instead of purchasing it outright.
NAICS Code 449110-01 - Apartment Furnishings (Retail)
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