NAICS Code 458110-27 - Knit Goods (Retail)
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NAICS Code 458110-27 Description (8-Digit)
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Tools
Tools commonly used in the Knit Goods (Retail) industry for day-to-day tasks and operations.
- Knitting needles
- Crochet hooks
- Yarn ball winders
- Stitch markers
- Row counters
- Cable needles
- Circular knitting needles
- Double-pointed knitting needles
- Knitting looms
- Tapestry needles
- Knitting stitch holders
- Knitting pattern books
- Knitting software
- Blocking mats
- Blocking wires
- Measuring tape
- Scissors
- Yarn swifts
- Yarn bowls
Industry Examples of Knit Goods (Retail)
Common products and services typical of NAICS Code 458110-27, illustrating the main business activities and contributions to the market.
- Knit sweaters
- Knit cardigans
- Knit scarves
- Knit hats
- Knit gloves
- Knit socks
- Knit shawls
- Knit ponchos
- Knit headbands
- Knit leg warmers
- Knit ear warmers
- Knit mittens
- Knit boot cuffs
- Knit slippers
- Knit blankets
- Knit throws
- Knit cushion covers
- Knit dishcloths
- Knit coasters
Certifications, Compliance and Licenses for NAICS Code 458110-27 - Knit Goods (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- OEKO-TEX Standard 100: This certification ensures that the textile products are free from harmful substances and are safe for human use. It is issued by the International Association for Research and Testing in the Field of Textile Ecology (OEKO-TEX).
- Global Organic Textile Standard (GOTS): This certification ensures that the textile products are made from organic fibers and meet environmental and social criteria. It is issued by the Global Organic Textile Standard International Working Group.
- Fair Trade Certified: This certification ensures that the textile products are produced in a socially and environmentally responsible manner and that the workers are paid fair wages. It is issued by Fair Trade USA.
- WRAP Certification: This certification ensures that the textile products are produced in a socially and environmentally responsible manner and that the workers are treated fairly. It is issued by Worldwide Responsible Accredited Production (WRAP).
- ISO 9001: This certification ensures that the textile products meet quality management standards. It is issued by the International Organization for Standardization (ISO).
History
A concise historical narrative of NAICS Code 458110-27 covering global milestones and recent developments within the United States.
- The knit goods industry has a long history dating back to the 16th century when knitting machines were invented. The industry has since grown to become a significant part of the fashion industry worldwide. In the United States, the industry has seen significant growth since the 20th century, with the introduction of new technologies and materials. The industry has also been influenced by fashion trends, with knitwear becoming a staple in many wardrobes. Notable advancements in the industry include the development of seamless knitting machines, which have revolutionized the production of knitwear. Another significant advancement is the use of sustainable materials in the production of knitwear, which has become increasingly popular in recent years.
Future Outlook for Knit Goods (Retail)
The anticipated future trajectory of the NAICS 458110-27 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 Knit Goods (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for knitwear products. The rise in disposable income and changing fashion trends are also expected to contribute to the growth of the industry. The industry is also expected to benefit from the growing popularity of online shopping, which has made it easier for consumers to purchase knitwear products. However, the industry may face challenges such as increasing competition from other apparel retailers and the rising cost of raw materials. Overall, the industry is expected to experience steady growth in the coming years.
Industry Innovations for NAICS Code 458110-27
Recent groundbreaking advancements and milestones in the Knit Goods (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Sustainable Knitwear: Many knitwear retailers are now focusing on sustainability by using eco-friendly materials and production methods. This has led to the development of sustainable knitwear products that are both fashionable and environmentally friendly.
- Customizable Knitwear: Some knitwear retailers are now offering customizable knitwear products that allow customers to choose the color, pattern, and style of their knitwear. This has made it easier for customers to find knitwear products that match their personal style.
- Smart Knitwear: Some knitwear products now come with smart features such as temperature control and moisture-wicking properties. This has made knitwear products more functional and versatile.
- Knitwear Collaborations: Many knitwear retailers are now collaborating with fashion designers and other brands to create unique knitwear products. This has led to the development of innovative knitwear products that appeal to a wider range of customers.
- Knitwear Accessories: Some knitwear retailers are now expanding their product lines to include knitwear accessories such as hats, scarves, and gloves. This has allowed customers to purchase complete knitwear outfits from a single retailer.
NAICS Code 458110-27 - Knit Goods (Retail)
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