NAICS Code 456120-01 - Cosmetics & Perfumes (Retail)

Marketing Level - NAICS 8-Digit

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NAICS Code 456120-01 Description (8-Digit)

Cosmetics & Perfumes (Retail) is an industry that involves the sale of beauty products and fragrances to consumers through various retail channels. This industry includes both brick-and-mortar stores and online retailers that specialize in selling cosmetics, skincare products, hair care products, and perfumes. The industry is highly competitive and constantly evolving, with new products and trends emerging regularly.

Hierarchy Navigation for NAICS Code 456120-01

Tools

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

  • Makeup brushes and sponges
  • Eyelash curlers
  • Tweezers
  • Facial rollers
  • Hair straighteners and curling irons
  • Hair brushes and combs
  • Nail clippers and files
  • Face masks and peels
  • Fragrance testers
  • Makeup palettes

Industry Examples of Cosmetics & Perfumes (Retail)

Common products and services typical of NAICS Code 456120-01, illustrating the main business activities and contributions to the market.

  • Lipstick
  • Mascara
  • Foundation
  • Eyeshadow
  • Perfume
  • Moisturizer
  • Shampoo
  • Conditioner
  • Hair styling products
  • Nail polish

Certifications, Compliance and Licenses for NAICS Code 456120-01 - Cosmetics & Perfumes (Retail)

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

  • Good Manufacturing Practices (GMP) Certification: This certification ensures that the products are consistently produced and controlled according to quality standards. The certification is provided by the International Organization for Standardization (ISO).
  • Hazard Communication Standard (HCS) Compliance: This regulation requires manufacturers and distributors to provide information on the hazards of chemicals used in their products. The compliance is provided by the Occupational Safety and Health Administration (OSHA).
  • Safe Cosmetics Act Compliance: This regulation requires manufacturers to disclose the ingredients used in their products and ensure that they are safe for use. The compliance is provided by the Food and Drug Administration (FDA).
  • Organic Certification: This certification ensures that the products are made from organic ingredients and meet the standards set by the United States Department of Agriculture (USDA).
  • Cruelty-Free Certification: This certification ensures that the products are not tested on animals. The certification is provided by organizations such as Leaping Bunny and PETA. and

History

A concise historical narrative of NAICS Code 456120-01 covering global milestones and recent developments within the United States.

  • The "Cosmetics & Perfumes (Retail)" industry has a long and rich history dating back to ancient civilizations such as Egypt, Greece, and Rome, where cosmetics and perfumes were used for religious ceremonies, beauty rituals, and medicinal purposes. In the 20th century, the industry experienced significant growth due to the rise of Hollywood and the beauty industry's influence on fashion and culture. Notable advancements include the introduction of new products such as waterproof mascara, long-lasting lipstick, and anti-aging creams. In recent history, the industry has seen a shift towards natural and organic products, cruelty-free testing, and inclusivity in product offerings. In the United States, the industry has also been impacted by the COVID-19 pandemic, with a surge in online sales and a shift towards self-care and at-home beauty treatments.

Future Outlook for Cosmetics & Perfumes (Retail)

The anticipated future trajectory of the NAICS 456120-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The cosmetics and perfumes retail industry in the USA is expected to grow in the coming years. The industry is expected to benefit from the increasing demand for natural and organic products, as well as the growing popularity of e-commerce. The industry is also expected to benefit from the increasing demand for luxury cosmetics and perfumes. However, the industry is also expected to face challenges such as increasing competition from online retailers and changing consumer preferences. Overall, the industry is expected to grow at a moderate pace in the coming years.

Industry Innovations for NAICS Code 456120-01

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

  • Virtual Try-On Technology: Many cosmetics and perfumes retailers are now offering virtual try-on technology, which allows customers to try on products virtually before making a purchase. This technology is expected to improve the customer experience and increase sales.
  • Personalized Products: Many cosmetics and perfumes retailers are now offering personalized products, which are tailored to the specific needs and preferences of individual customers. This trend is expected to continue in the coming years.
  • Natural and Organic Products: There is a growing demand for natural and organic cosmetics and perfumes, and many retailers are now offering these products to meet this demand.
  • Social Media Marketing: Many cosmetics and perfumes retailers are now using social media to market their products and engage with customers. This trend is expected to continue in the coming years.
  • In-Store Experiences: Many cosmetics and perfumes retailers are now offering in-store experiences, such as makeovers and beauty consultations, to attract customers and improve the customer experience.

NAICS Code 456120-01 - Cosmetics & Perfumes (Retail)

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