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NAICS Code 458320-06 Description (8-Digit)

Luggage (Retail) refers to the retail sale of various types of luggage, including suitcases, backpacks, duffel bags, and travel bags. These products are designed to store and transport personal belongings during travel or daily use. Luggage (Retail) stores typically offer a range of sizes, styles, and materials to meet the needs and preferences of their customers. In addition to luggage, some stores may also sell related travel accessories such as locks, luggage tags, and packing organizers.

Hierarchy Navigation for NAICS Code 458320-06

Tools

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

  • Luggage scales
  • Tagging guns
  • Price guns
  • Security tags
  • Box cutters
  • Tape dispensers
  • Staple guns
  • Hand trucks
  • Cash registers
  • Credit card machines

Industry Examples of Luggage (Retail)

Common products and services typical of NAICS Code 458320-06, illustrating the main business activities and contributions to the market.

  • Suitcases
  • Backpacks
  • Duffel bags
  • Travel bags
  • Rolling luggage
  • Carry-on bags
  • Garment bags
  • Tote bags
  • Messenger bags
  • Wheeled backpacks

Certifications, Compliance and Licenses for NAICS Code 458320-06 - Luggage (Retail)

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

  • TSA Approved Locks: TSA approved locks are required for all checked luggage in the US. These locks are approved by the Transportation Security Administration and can be opened by TSA officers if needed for inspection. The locks can be purchased from various retailers and online stores.
  • Hazardous Materials Training: Retailers selling luggage that contains hazardous materials such as lithium-ion batteries are required to have employees trained in hazardous materials handling and shipping. The training is provided by the US Department of Transportation and can be completed online.
  • Sales Tax Permit: Retailers selling luggage in the US are required to have a sales tax permit. The permit is issued by the state in which the retailer is located and allows the retailer to collect sales tax on their sales. The requirements for obtaining a sales tax permit vary by state.
  • Consumer Product Safety Commission (CPSC) Certification: Luggage retailers are required to comply with CPSC regulations for luggage safety. The CPSC certification ensures that the luggage meets safety standards for flammability, lead content, and other hazards. The certification is issued by the CPSC and can be obtained by submitting a sample of the luggage for testing.
  • Occupational Safety and Health Administration (OSHA) Training: Retailers selling luggage are required to provide a safe working environment for their employees. OSHA provides training on workplace safety and health hazards. The training can be completed online or in-person and is required for all employees.

History

A concise historical narrative of NAICS Code 458320-06 covering global milestones and recent developments within the United States.

  • The history of the Luggage (Retail) industry dates back to the early 19th century when the first modern luggage was invented. In 1854, Louis Vuitton introduced his flat-bottomed trunks, which were lightweight and airtight, revolutionizing the luggage industry. In the 20th century, the industry saw significant growth due to the rise of air travel and tourism. The introduction of new materials such as nylon and polycarbonate in the 1970s and 1980s led to the development of lightweight and durable luggage. In recent years, the industry has seen a shift towards eco-friendly and sustainable materials, with companies like Samsonite and Tumi introducing luggage made from recycled materials. In the United States, the Luggage (Retail) industry has seen steady growth over the past decade. According to Statista, the industry generated $3.2 billion in revenue in 2019, up from $2.8 billion in 2010. The rise of e-commerce has led to the growth of online luggage retailers, with companies like Away and eBags gaining popularity. In recent years, there has been a trend towards experiential travel, with consumers seeking unique and authentic travel experiences. This has led to the rise of niche luggage brands that cater to specific travel needs, such as adventure travel or business travel.

Future Outlook for Luggage (Retail)

The anticipated future trajectory of the NAICS 458320-06 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 Luggage (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing demand for travel bags and accessories. The rise in disposable income and the growing trend of travel among millennials are the major factors driving the growth of the industry. The industry is also expected to benefit from the increasing popularity of online shopping. However, the industry may face challenges due to the increasing competition from online retailers and the rising prices of raw materials. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 458320-06

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

  • Smart Luggage: Luggage with built-in GPS tracking, USB charging ports, and other features that make travel more convenient.
  • Eco-Friendly Luggage: Luggage made from sustainable materials such as recycled plastic, organic cotton, and bamboo.
  • Anti-Theft Luggage: Luggage with built-in locks, RFID-blocking technology, and other features that make it difficult for thieves to steal.
  • Lightweight Luggage: Luggage made from lightweight materials such as polycarbonate and aluminum, making it easier to carry.
  • Customizable Luggage: Luggage that can be personalized with different colors, patterns, and designs to suit individual preferences.

NAICS Code 458320-06 - Luggage (Retail)

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