NAICS Code 455219-84 - Watch Straps & Bands (Retail)
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NAICS Code 455219-84 Description (8-Digit)
Hierarchy Navigation for NAICS Code 455219-84
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Tools
Tools commonly used in the Watch Straps & Bands (Retail) industry for day-to-day tasks and operations.
- Watch strap cutter
- Watch band pin remover
- Watch band link remover
- Watch band pliers
- Watch band spring bar tool
- Watch band sizing tool
- Watch band punch
- Watch band holder
- Watch band screwdriver
- Watch band adhesive
Industry Examples of Watch Straps & Bands (Retail)
Common products and services typical of NAICS Code 455219-84, illustrating the main business activities and contributions to the market.
- Leather watch straps
- Metal watch bands
- Rubber watch straps
- NATO watch straps
- Canvas watch bands
- Silicone watch straps
- Mesh watch bands
- Crocodile watch straps
- Alligator watch bands
- Stainless steel watch straps
- Nylon watch bands
- Quick release watch straps
- Perlon watch bands
- Vintage watch straps
- Apple watch bands
- Smartwatch bands
- Diver watch straps
- Pilot watch bands
- Racing watch straps
- Dress watch bands
Certifications, Compliance and Licenses for NAICS Code 455219-84 - Watch Straps & Bands (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- National Association Of Watch and Clock Collectors Certification: This certification is for individuals who have demonstrated a high level of expertise in the repair and restoration of watches and clocks. The certification is provided by the National Association of Watch and Clock Collectors (NAWCC).
- Gemological Institute Of America (GIA) Certification: This certification is for individuals who have demonstrated a high level of expertise in the identification and grading of diamonds and other gemstones. The certification is provided by the Gemological Institute of America (GIA).
- American Watchmakers-Clockmakers Institute (AWCI) Certification: This certification is for individuals who have demonstrated a high level of expertise in the repair and restoration of watches and clocks. The certification is provided by the American Watchmakers-Clockmakers Institute (AWCI).
- Jewelers Of America (JA) Certification: This certification is for individuals who have demonstrated a high level of expertise in the jewelry industry. The certification is provided by the Jewelers of America (JA).
- Watchmakers Of Switzerland Training and Education Program (WOSTEP) Certification: This certification is for individuals who have completed a comprehensive training program in the repair and restoration of watches. The certification is provided by the Watchmakers of Switzerland Training and Education Program (WOSTEP).
History
A concise historical narrative of NAICS Code 455219-84 covering global milestones and recent developments within the United States.
- The history of the Watch Straps & Bands (Retail) industry dates back to the 19th century when wristwatches became popular among men. The first wristwatch was created in 1868 by Patek Philippe, and it was initially considered a feminine accessory. However, during World War I, soldiers found wristwatches more practical than pocket watches, and the trend caught on. The first leather watch strap was invented in the early 20th century, and it was made of a single piece of leather that was looped around the watch. In the 1960s, the first metal watchbands were introduced, and they quickly became popular due to their durability and style. In recent years, the industry has seen a rise in popularity of smartwatches, which have led to the development of new types of watch straps and bands that can accommodate these devices. In the United States, the Watch Straps & Bands (Retail) industry has seen significant growth in recent years due to the rise of e-commerce and the increasing popularity of smartwatches. According to Statista, the revenue of the watch and jewelry market in the United States is expected to reach $63.7 billion by 2025. The industry has also seen a rise in customization options, with companies offering personalized watch straps and bands to meet the demands of consumers. Overall, the industry has adapted to changing consumer preferences and technological advancements to remain relevant in the market.
Future Outlook for Watch Straps & Bands (Retail)
The anticipated future trajectory of the NAICS 455219-84 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Watch Straps & Bands (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for smartwatches and other wearable technology. The rise of e-commerce has also made it easier for consumers to purchase watch straps and bands online, which has contributed to the growth of the industry. Additionally, the industry is expected to benefit from the increasing popularity of customization and personalization, as consumers seek to make their watches unique. However, the industry may face challenges from the increasing competition from low-cost imports and the growing trend of consumers replacing their watches rather than repairing them.
Industry Innovations for NAICS Code 455219-84
Recent groundbreaking advancements and milestones in the Watch Straps & Bands (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Smartwatch-Compatible Watch Straps: With the increasing popularity of smartwatches, many companies have started producing watch straps that are compatible with these devices. These straps often feature additional functionality, such as fitness tracking or contactless payment capabilities.
- Sustainable Materials: Some companies are now producing watch straps and bands made from sustainable materials, such as recycled plastic or organic cotton. This is in response to the growing demand for environmentally-friendly products.
- Customization Options: Many companies now offer customization options for their watch straps and bands, allowing consumers to choose the color, material, and design of their strap.
- Magnetic Watch Straps: Magnetic watch straps are becoming increasingly popular due to their ease of use and versatility. These straps can be easily adjusted to fit any wrist size and can be quickly swapped out for different styles.
- Interchangeable Watch Bands: Some companies are now producing watch bands that can be easily swapped out, allowing consumers to change the look of their watch without having to purchase a new one.
NAICS Code 455219-84 - Watch Straps & Bands (Retail)
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