Tools commonly used in the Model (Manufacturing)-Toys & Hobbies (Retail) industry for day-to-day tasks and operations.

• Airbrushes
• Model knives
• Paint brushes
• Sandpaper
• Glue
• Paints
• Soldering irons
• Cutting mats
• Tweezers
• Decal setting solutions

Common products and services typical of NAICS Code 459120-43, illustrating the main business activities and contributions to the market.

• Model cars
• Model airplanes
• Model ships
• Model trains
• Figurines
• Dioramas
• Model rockets
• Model tanks
• Model helicopters
• Model motorcycles

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

• ASTM F963: This certification is required for toys and children's products sold in the US. It ensures that the products meet safety standards for children's toys. The certification is provided by ASTM International.
• Consumer Product Safety Improvement Act (CPSIA): This act requires that all children's products sold in the US meet certain safety standards. It covers a wide range of products, including toys and games. The certification is provided by the US Consumer Product Safety Commission.
• Toy Safety Directive: This certification is required for toys sold in the European Union. It ensures that the products meet safety standards for children's toys. The certification is provided by the European Commission.
• California Proposition 65: This regulation requires that products sold in California contain a warning label if they contain certain chemicals that are known to cause cancer or reproductive harm. It applies to a wide range of products, including toys and games. The regulation is provided by the California Office of Environmental Health Hazard Assessment.
• Federal Trade Commission (FTC) Act: This act prohibits unfair or deceptive acts or practices in commerce. It applies to a wide range of products, including toys and games. The certification is provided by the US Federal Trade Commission.

A concise historical narrative of NAICS Code 459120-43 covering global milestones and recent developments within the United States.

• The "Model (Manufacturing)-Toys & Hobbies (Retail)" industry has a long and rich history dating back to the early 20th century. The first plastic model kits were introduced in the 1930s, and by the 1950s, the industry had grown significantly, with companies like Revell and Monogram leading the way. The 1960s saw the introduction of radio-controlled model cars and planes, which became increasingly popular throughout the decade. In the 1970s, the industry experienced a decline due to the rise of video games and other electronic toys. However, in recent years, the industry has seen a resurgence, with a renewed interest in traditional hobbies like model building and collecting. In the United States, the industry has been impacted by the COVID-19 pandemic, with many people turning to hobbies like model building to pass the time while staying at home.

The anticipated future trajectory of the NAICS 459120-43 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 Model (Manufacturing)-Toys & Hobbies (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing popularity of model toys and hobbies among consumers. The rise of e-commerce has also made it easier for consumers to purchase these products online, which has contributed to the growth of the industry. Additionally, the industry is expected to benefit from the increasing demand for educational toys and games, as parents are increasingly looking for toys that can help their children learn and develop new skills. However, the industry may face challenges due to the increasing competition from online retailers and the rising cost of raw materials. Overall, the industry is expected to continue growing in the coming years, driven by the increasing demand for model toys and hobbies among consumers.

Recent groundbreaking advancements and milestones in the Model (Manufacturing)-Toys & Hobbies (Retail) industry, reflecting notable innovations that have reshaped its landscape.

• 3D Printing: The introduction of 3D printing technology has revolutionized the Model (Manufacturing)-Toys & Hobbies (Retail) industry. With 3D printing, consumers can now create their own models and toys at home, which has opened up new opportunities for the industry.
• Augmented Reality: The use of augmented reality in toys and games has become increasingly popular in recent years. Augmented reality technology allows consumers to interact with virtual objects in the real world, which has created new opportunities for the industry.
• STEM Toys: The increasing demand for educational toys and games has led to the development of STEM (Science, Technology, Engineering, and Math) toys. These toys are designed to help children learn and develop new skills in these areas, and have become increasingly popular among parents.
• Subscription Services: Many companies in the Model (Manufacturing)-Toys & Hobbies (Retail) industry have started offering subscription services, where consumers can receive a new toy or model kit every month. This has become a popular way for consumers to discover new products and build their collections.
• Social Media: Social media has become an important marketing tool for companies in the Model (Manufacturing)-Toys & Hobbies (Retail) industry. Companies can use social media platforms to showcase their products and engage with consumers, which has helped to increase brand awareness and drive sales.