NAICS Code 459120-42 - Magnets (Retail) (Wholesale)

Marketing Level - NAICS 8-Digit

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Looking for more companies? See NAICS 459120 - Hobby, Toy, and Game Retailers - 15,018 companies, 59,594 emails.

NAICS Code 459120-42 Description (8-Digit)

Magnets (Retail) (Wholesale) is an industry that involves the sale of magnets to both retail and wholesale customers. Magnets are objects that produce a magnetic field and attract certain materials, such as iron and steel. This industry includes businesses that sell a variety of magnets, including neodymium magnets, ceramic magnets, and magnetic strips. Magnets are used in a wide range of applications, from holding notes on a refrigerator to powering electric motors.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 459120 page

Tools

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

  • Gaussmeter
  • Magnetizer/demagnetizer
  • Magnetic separator
  • Magnetic sweeper
  • Magnetic tape dispenser
  • Magnetic tool holder
  • Magnetic tray
  • Magnetic v-block
  • Magnetic welding clamp
  • Magnet wire stripper

Industry Examples of Magnets (Retail) (Wholesale)

Common products and services typical of NAICS Code 459120-42, illustrating the main business activities and contributions to the market.

  • Magnetic jewelry
  • Magnetic name tags
  • Magnetic whiteboards
  • Magnetic picture frames
  • Magnetic knife holders
  • Magnetic door catches
  • Magnetic phone mounts
  • Magnetic therapy products
  • Magnetic levitation devices
  • Magnetic building toys

History

A concise historical narrative of NAICS Code 459120-42 covering global milestones and recent developments within the United States.

  • The history of magnets dates back to ancient times when people discovered that certain rocks, later identified as lodestones, had the ability to attract iron. The first recorded use of magnets was in China around 200 BC, where they were used for divination purposes. In the 18th century, scientists began to study the properties of magnets, and by the 19th century, magnets were being used in telegraphs and other communication devices. In the 20th century, magnets became an essential component in many modern technologies, including electric motors, generators, and MRI machines. In the United States, the use of magnets in consumer products began in the 1970s, with the introduction of magnetic toys and games. Since then, the industry has grown to include a wide range of products, from magnetic jewelry to magnetic building sets.