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NAICS Code 458310-21 Description (8-Digit)

Wedding-Jewelry (Retail) is a specialized industry that involves the retail sale of jewelry specifically designed for weddings. This industry caters to engaged couples and their families who are looking for high-quality and unique jewelry pieces to wear on their wedding day. Wedding-Jewelry (Retail) includes a wide range of products such as engagement rings, wedding bands, bridal sets, and other accessories that are typically worn by the bride, groom, and members of the wedding party.

Hierarchy Navigation for NAICS Code 458310-21

Parent Code (less specific)

Tools

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

  • Ring sizers
  • Jewelry pliers
  • Jewelry saws
  • Jewelry hammers
  • Polishing cloths
  • Jewelry files
  • Jewelry tweezers
  • Jewelry scales
  • Jewelry mandrels
  • Jewelry torches

Industry Examples of Wedding-Jewelry (Retail)

Common products and services typical of NAICS Code 458310-21, illustrating the main business activities and contributions to the market.

  • Engagement rings
  • Wedding bands
  • Bridal sets
  • Necklaces
  • Bracelets
  • Earrings
  • Cufflinks
  • Tie clips
  • Brooches
  • Hair accessories

Certifications, Compliance and Licenses for NAICS Code 458310-21 - Wedding-Jewelry (Retail)

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

  • Gemological Institute Of America (GIA) Certification: This certification is required for jewelers who want to grade diamonds and other gemstones. The GIA is a nonprofit organization that provides education and research in gemology. The certification ensures that the jeweler has the knowledge and skills to accurately grade and identify gemstones.
  • Jewelers Of America (JA) Certification: This certification is offered by the Jewelers of America organization and is designed to ensure that jewelers have the knowledge and skills to provide high-quality customer service and ethical business practices. The certification covers topics such as gemology, jewelry repair, and sales techniques.
  • Responsible Jewellery Council (RJC) Certification: This certification is designed to ensure that jewelry retailers are operating in an ethical and sustainable manner. The certification covers topics such as human rights, labor practices, and environmental impact. The RJC is an international organization that works with jewelry companies around the world.
  • National Association Of Jewelry Appraisers (NAJA) Certification: This certification is designed for jewelry appraisers and covers topics such as gemology, appraisal theory, and legal and ethical issues. The NAJA is a nonprofit organization that provides education and support for jewelry appraisers.
  • Jewelers Vigilance Committee (JVC) Certification: This certification is designed to ensure that jewelry retailers are operating in compliance with all relevant laws and regulations. The certification covers topics such as anti-money laundering, consumer protection, and advertising regulations. The JVC is a nonprofit organization that provides education and support for the jewelry industry.

History

A concise historical narrative of NAICS Code 458310-21 covering global milestones and recent developments within the United States.

  • The history of the wedding jewelry industry dates back to ancient times when people used to exchange rings made of braided reeds or hemp. The use of precious metals and gemstones in wedding jewelry started in ancient Egypt, where they believed that the circle shape of the ring symbolized eternity. In the Middle Ages, wedding rings were made of iron, and only the wealthy could afford gold or silver rings. The diamond engagement ring became popular in the 20th century, thanks to a marketing campaign by De Beers. In the United States, the wedding jewelry industry has seen significant growth in recent years, with the rise of online retailers and the increasing popularity of non-traditional wedding rings made of alternative materials such as wood, silicone, or titanium.

Future Outlook for Wedding-Jewelry (Retail)

The anticipated future trajectory of the NAICS 458310-21 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The future outlook for the Wedding-Jewelry (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing number of marriages and the rising disposable income of consumers. The industry is also expected to benefit from the growing trend of customization and personalization of wedding jewelry. However, the industry may face challenges due to the increasing competition from online retailers and the changing consumer preferences towards alternative materials. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 458310-21

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

  • Lab-Grown Diamonds: Lab-grown diamonds have become a popular alternative to natural diamonds due to their ethical and environmental benefits. Many retailers in the Wedding-Jewelry (Retail) industry have started offering lab-grown diamonds to cater to the changing consumer preferences.
  • Sustainable Materials: Many retailers in the Wedding-Jewelry (Retail) industry have started using sustainable materials such as recycled gold and ethically sourced gemstones to appeal to the environmentally conscious consumers.
  • Virtual Try-On: With the increasing trend of online shopping, many retailers in the Wedding-Jewelry (Retail) industry have started offering virtual try-on services to provide a better shopping experience to their customers.
  • Customization: Many retailers in the Wedding-Jewelry (Retail) industry have started offering customization services to cater to the growing trend of personalization. Customers can now design their own wedding jewelry and get it made by the retailer.
  • Augmented Reality: Some retailers in the Wedding-Jewelry (Retail) industry have started using augmented reality technology to provide a better shopping experience to their customers. Customers can now see how the jewelry would look on them before making a purchase.

NAICS Code 458310-21 - Wedding-Jewelry (Retail)

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