NAICS Code 459130-26 - Hemp Products (Retail)
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NAICS Code 459130-26 Description (8-Digit)
Hierarchy Navigation for NAICS Code 459130-26
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Tools
Tools commonly used in the Hemp Products (Retail) industry for day-to-day tasks and operations.
- Hemp fiber
- Hemp fabric
- Hemp oil
- Hemp seeds
- Hemp protein powder
- Hemp milk
- Hemp paper
- Hempcrete
- Hemp insulation
- Hemp twine
- Hemp rope
- Hemp wick
- Hemp soap
- Hemp shampoo
- Hemp lotion
- Hemp lip balm
- Hemp candles
- Hemp tea
- Hemp supplements
- Hemp pet products
Industry Examples of Hemp Products (Retail)
Common products and services typical of NAICS Code 459130-26, illustrating the main business activities and contributions to the market.
- Hemp clothing
- Hemp bags
- Hemp hats
- Hemp shoes
- Hemp jewelry
- Hemp wallets
- Hemp backpacks
- Hemp sunglasses
- Hemp watches
- Hemp socks
- Hemp scarves
- Hemp belts
- Hemp face masks
- Hemp body lotion
- Hemp facial serum
- Hemp lip gloss
- Hemp shampoo bar
- Hemp protein powder
- Hemp coffee
- Hemp honey
Certifications, Compliance and Licenses for NAICS Code 459130-26 - Hemp Products (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- USDA Organic Certification: This certification is required for hemp products that are labeled as organic. It ensures that the product has been produced without the use of synthetic fertilizers, pesticides, or other harmful chemicals. The certification is provided by the United States Department of Agriculture (USDA).
- Good Manufacturing Practices (GMP) Certification: This certification ensures that the hemp products are manufactured in a safe and controlled environment, with consistent quality. It is provided by the International Organization for Standardization (ISO).
- Current Good Manufacturing Practices (Cgmp) Certification: This certification is required for hemp products that are intended for human consumption. It ensures that the products are manufactured in compliance with the FDA's regulations for food safety. The certification is provided by the FDA.
- Good Agricultural Practices (GAP) Certification: This certification ensures that the hemp products are grown and harvested in a safe and sustainable manner. It is provided by the USDA.
- National Organic Program (NOP) Certification: This certification is required for hemp products that are labeled as organic. It ensures that the product has been produced without the use of synthetic fertilizers, pesticides, or other harmful chemicals. The certification is provided by the USDA.
History
A concise historical narrative of NAICS Code 459130-26 covering global milestones and recent developments within the United States.
- The "Hemp Products (Retail)" industry has a long history worldwide, dating back to ancient civilizations such as China, where hemp was used for paper, clothing, and rope. In the United States, hemp was a significant crop in the colonial era, and the Declaration of Independence was drafted on hemp paper. However, the industry faced a decline in the 20th century due to the prohibition of cannabis, which included hemp. In recent years, the industry has experienced a resurgence due to the legalization of hemp in the 2018 Farm Bill. Notable advancements in the industry include the development of new hemp-based products such as textiles, building materials, and health supplements, as well as the expansion of retail channels for hemp products, including online marketplaces and brick-and-mortar stores.
Future Outlook for Hemp Products (Retail)
The anticipated future trajectory of the NAICS 459130-26 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Growing
The future outlook for the Hemp Products (Retail) industry in the USA is positive. The industry is expected to grow due to the increasing demand for hemp-based products, especially in the health and wellness sector. The legalization of hemp cultivation and production in the 2018 Farm Bill has opened up new opportunities for the industry. The growing awareness of the benefits of hemp-based products, such as CBD oil, is driving the demand for these products. The industry is also expected to benefit from the increasing popularity of eco-friendly and sustainable products. However, the industry may face challenges such as regulatory issues and competition from other industries. Overall, the Hemp Products (Retail) industry is expected to experience steady growth in the coming years.
Industry Innovations for NAICS Code 459130-26
Recent groundbreaking advancements and milestones in the Hemp Products (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Hemp-Based Clothing: Hemp fibers are being used to create sustainable and eco-friendly clothing. Hemp clothing is durable, breathable, and requires less water and pesticides to grow compared to cotton.
- Hemp-Based Skincare Products: Hemp oil is being used in skincare products due to its anti-inflammatory and moisturizing properties. Hemp-based skincare products are becoming popular due to their natural ingredients and effectiveness.
- Hemp-Based Food Products: Hemp seeds are being used to create a variety of food products such as protein powder, milk, and snacks. Hemp seeds are a rich source of protein, fiber, and healthy fats.
- Hemp-Based Building Materials: Hemp fibers are being used to create sustainable and eco-friendly building materials such as insulation, concrete, and fiberboard. Hemp-based building materials are durable, lightweight, and have good insulation properties.
- Hemp-Based Paper Products: Hemp fibers are being used to create paper products such as notebooks, journals, and packaging materials. Hemp-based paper products are more sustainable and eco-friendly compared to traditional paper products.
NAICS Code 459130-26 - Hemp Products (Retail)
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