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

• Watch repair kit
• Watch case opener
• Watch movement holder
• Watch hand remover
• Watch battery tester
• Watch cleaning solution
• Watch polishing cloth
• Watch strap cutter
• Watchmaker's loupe
• Watch oil

Common products and services typical of NAICS Code 458310-19, illustrating the main business activities and contributions to the market.

• Luxury watches
• Fashion watches
• Sports watches
• Smartwatches
• Chronograph watches
• Diving watches
• Dress watches
• Pocket watches
• Aviator watches
• Military watches

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

• Gemological Institute Of America (GIA) Certification: GIA provides a range of certifications for diamonds, colored stones, pearls, and jewelry design. These certifications are recognized worldwide and are highly respected in the industry. The GIA certification is essential for those who want to work in the jewelry industry, especially in the retail sector.
• Jewelers Of America (JA) Certification: JA provides a range of certifications for jewelry professionals, including sales associates, managers, and designers. These certifications cover a wide range of topics, including product knowledge, sales techniques, and customer service. The JA certification is highly respected in the industry and is a valuable asset for those who want to work in the retail sector.
• National Association Of Jewelry Appraisers (NAJA) Certification: NAJA provides a range of certifications for jewelry appraisers. These certifications cover a wide range of topics, including gemology, appraisal theory, and ethics. The NAJA certification is highly respected in the industry and is a valuable asset for those who want to work in the retail sector.
• Jewelers Vigilance Committee (JVC) Compliance: JVC provides a range of compliance services for jewelry retailers, including guidance on anti-money laundering, anti-terrorism financing, and conflict minerals. JVC compliance is essential for those who want to operate a jewelry business in the US.
• Federal Trade Commission (FTC) Regulations: The FTC provides a range of regulations for the jewelry industry, including guidelines on diamond grading, pearl grading, and metal content. These regulations are essential for those who want to operate a jewelry business in the US.

A concise historical narrative of NAICS Code 458310-19 covering global milestones and recent developments within the United States.

• The history of the Watches-Dealers (Retail) industry dates back to the 16th century when the first pocket watches were invented. The industry saw significant growth in the 19th century with the introduction of wristwatches. The first wristwatch was created in 1868 by Patek Philippe, and by the early 20th century, wristwatches had become more popular than pocket watches. The industry continued to grow with the introduction of quartz watches in the 1960s, which were more accurate and affordable than traditional mechanical watches. In recent years, the industry has seen a shift towards smartwatches, which offer additional features such as fitness tracking and mobile connectivity. In the United States, the Watches-Dealers (Retail) industry has a long history dating back to the 18th century. The first wristwatch was introduced in the US in 1868, and by the early 20th century, wristwatches had become more popular than pocket watches. The industry continued to grow throughout the 20th century with the introduction of new technologies such as quartz watches and digital displays. In recent years, the industry has seen a shift towards smartwatches, which offer additional features such as fitness tracking and mobile connectivity.

The anticipated future trajectory of the NAICS 458310-19 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 Watches-Dealers (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing demand for luxury watches and the rising disposable income of consumers. The industry is also expected to benefit from the growing popularity of smartwatches, which are becoming more affordable and offer a range of features. However, the industry may face challenges due to the increasing competition from online retailers and the changing consumer preferences. Overall, the industry is expected to grow steadily in the coming years.

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

• Smartwatches: The introduction of smartwatches has revolutionized the Watches-Dealers (Retail) industry. Smartwatches offer a range of features such as fitness tracking, messaging, and mobile payments, which have made them popular among consumers.
• Customization: Many retailers are now offering customization options for watches, allowing consumers to personalize their watches with different straps, dials, and other features.
• Sustainability: Some retailers are now focusing on sustainability by using recycled materials and reducing waste in their production processes.
• Augmented Reality: Some retailers are using augmented reality technology to allow consumers to try on watches virtually before making a purchase.
• E-Commerce: Many retailers are now offering online sales, making it easier for consumers to purchase watches from the comfort of their homes.