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NAICS Code 449129-74 Description (8-Digit)

Tools-Household (Retail) is a subdivision of the NAICS Code 449129 that encompasses retail stores that specialize in selling household tools. These stores offer a wide range of tools that are used for various household purposes. The tools sold in these stores are designed to make household tasks easier and more efficient. Tools-Household (Retail) stores are a one-stop-shop for homeowners, renters, and DIY enthusiasts who need tools for home improvement, maintenance, and repair projects.

Hierarchy Navigation for NAICS Code 449129-74

Tools

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

  • Screwdrivers
  • Hammers
  • Pliers
  • Wrenches
  • Tape measures
  • Utility knives
  • Levels
  • Stud finders
  • Flashlights
  • Power drills
  • Sanders
  • Saws
  • Paint brushes
  • Rollers
  • Putty knives
  • Caulking guns
  • Wire strippers
  • Electrical testers
  • Pipe wrenches
  • Drain snakes

Industry Examples of Tools-Household (Retail)

Common products and services typical of NAICS Code 449129-74, illustrating the main business activities and contributions to the market.

  • Hand tools
  • Power tools
  • Tool sets
  • Tool storage
  • Measuring tools
  • Painting tools
  • Plumbing tools
  • Electrical tools
  • Lawn and garden tools
  • Cleaning tools

Certifications, Compliance and Licenses for NAICS Code 449129-74 - Tools-Household (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. Tools-Household (Retail) products require UL certification to ensure that they are safe for use by consumers.
  • FCC Certification: The Federal Communications Commission (FCC) certification is required for electronic products that emit radio frequency energy. Tools-Household (Retail) products that emit radio frequency energy require FCC certification to ensure that they meet the FCC's safety standards.
  • Energy Star Certification: Energy Star certification is a program run by the US Environmental Protection Agency (EPA) that certifies products that meet energy efficiency standards. Tools-Household (Retail) products that meet the energy efficiency standards set by the EPA can receive Energy Star certification.
  • California Air Resources Board (CARB) Certification: The California Air Resources Board (CARB) certification is required for products that emit volatile organic compounds (VOCs). Tools-Household (Retail) products that emit VOCs require CARB certification to ensure that they meet California's air quality standards.
  • Consumer Product Safety Commission (CPSC) Certification: The Consumer Product Safety Commission (CPSC) certification is required for products that pose a risk of injury to consumers. Tools-Household (Retail) products require CPSC certification to ensure that they are safe for use by consumers.

History

A concise historical narrative of NAICS Code 449129-74 covering global milestones and recent developments within the United States.

  • The "Tools-Household (Retail)" industry has a long history dating back to the early days of human civilization. The first tools were made from stone, wood, and bone, and were used for hunting, cooking, and building. As societies developed, so did the tools and household items they used. In the United States, the industry saw significant growth in the mid-20th century with the rise of suburbanization and the growth of the middle class. This led to an increase in demand for household tools and appliances, such as vacuum cleaners, washing machines, and refrigerators. In recent years, the industry has seen a shift towards more sustainable and eco-friendly products, as well as an increase in online sales and the use of technology in the home.

Future Outlook for Tools-Household (Retail)

The anticipated future trajectory of the NAICS 449129-74 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 Tools-Household (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing demand for home improvement products and the rise in disposable income. The industry is also expected to benefit from the growing trend of DIY home improvement projects. The industry is expected to face challenges such as increased competition from online retailers and the impact of the COVID-19 pandemic. However, the industry is expected to adapt to these challenges by investing in e-commerce and offering contactless delivery options to customers.

Industry Innovations for NAICS Code 449129-74

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

  • Smart Home Tools: The industry has seen a rise in smart home tools that allow homeowners to control their home appliances and devices remotely. These tools include smart thermostats, smart lighting, and smart security systems.
  • Eco-Friendly Products: The industry has seen a rise in eco-friendly products such as energy-efficient light bulbs, water-saving showerheads, and reusable cleaning products.
  • Contactless Delivery: The industry has adapted to the COVID-19 pandemic by offering contactless delivery options to customers. This has allowed customers to receive their products without having to come into contact with delivery personnel.
  • Online Sales: The industry has seen a rise in online sales due to the increasing popularity of e-commerce. Online sales have allowed customers to purchase products from the comfort of their own homes.
  • DIY Home Improvement: The industry has seen a rise in DIY home improvement projects. This has led to an increase in sales of tools and equipment that are needed for these projects.

NAICS Code 449129-74 - Tools-Household (Retail)

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