NAICS Code 459140-08 - Musical Instruments-Dealers (Retail)
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NAICS Code 459140-08 Description (8-Digit)
Hierarchy Navigation for NAICS Code 459140-08
Parent Code (less specific)
Tools
Tools commonly used in the Musical Instruments-Dealers (Retail) industry for day-to-day tasks and operations.
- Tuners
- Metronomes
- Guitar picks
- Drumsticks
- Reeds
- Rosin
- Capos
- Straps
- Cables
- Pedals
Industry Examples of Musical Instruments-Dealers (Retail)
Common products and services typical of NAICS Code 459140-08, illustrating the main business activities and contributions to the market.
- Electric guitars
- Drum sets
- Saxophones
- Trumpets
- Violins
- Keyboards
- Flutes
- Ukuleles
- Harmonicas
- Cajons
Certifications, Compliance and Licenses for NAICS Code 459140-08 - Musical Instruments-Dealers (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Musical Instrument Repair Technician Certification: This certification is offered by the National Association of Professional Band Instrument Repair Technicians (NAPBIRT) and is required for those who want to repair musical instruments professionally. The certification ensures that the technician has the necessary skills and knowledge to repair musical instruments to a high standard.
- Musical Instrument Appraisal Certification: This certification is offered by the American Society of Appraisers (ASA) and is required for those who want to appraise musical instruments professionally. The certification ensures that the appraiser has the necessary skills and knowledge to appraise musical instruments accurately.
- Retail Sales Tax Permit: This permit is required for all businesses that sell goods or products directly to consumers. It allows the business to collect sales tax from customers and remit it to the state.
- Business License: This license is required for all businesses that operate within a specific city or county. It ensures that the business is operating legally and complies with all local regulations.
- Occupational Safety and Health Administration (OSHA) Compliance: OSHA regulations ensure that businesses provide a safe and healthy workplace for their employees. Compliance with OSHA regulations is required for all businesses, including those in the musical instrument retail industry.
History
A concise historical narrative of NAICS Code 459140-08 covering global milestones and recent developments within the United States.
- The history of the Musical Instruments-Dealers (Retail) industry dates back to ancient times when musical instruments were used for religious and cultural purposes. The first musical instrument store in the world was established in Paris in 1759, and it was called Le Magasin de Musique. In the United States, the industry started to grow in the 19th century, with the establishment of music stores in major cities such as New York and Boston. The industry experienced significant growth in the 20th century, with the introduction of new technologies such as electric guitars, amplifiers, and synthesizers. In recent years, the industry has faced challenges due to the rise of online retailers and the decline of brick-and-mortar stores. However, the industry has adapted to these changes by offering online sales and expanding their product lines to include music lessons, repairs, and rentals.
Future Outlook for Musical Instruments-Dealers (Retail)
The anticipated future trajectory of the NAICS 459140-08 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The future outlook for the Musical Instruments-Dealers (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing popularity of music and the rising number of music enthusiasts. The industry is also expected to benefit from the growing number of music schools and programs, which will increase the demand for musical instruments. Additionally, the industry is expected to benefit from the increasing number of online sales, which will provide new opportunities for retailers to reach a wider audience. However, the industry may face challenges due to the increasing competition from online retailers and the rising popularity of digital music. Overall, the industry is expected to grow steadily in the coming years.
Industry Innovations for NAICS Code 459140-08
Recent groundbreaking advancements and milestones in the Musical Instruments-Dealers (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Online Sales Platforms: The industry has seen a rise in online sales platforms, which have made it easier for retailers to reach a wider audience and sell their products online.
- Digital Instruments: The development of digital instruments has provided new opportunities for the industry, as they are more affordable and easier to use than traditional instruments.
- Mobile Apps: The development of mobile apps has made it easier for musicians to learn and practice music, which has increased the demand for musical instruments.
- Customization: Many retailers now offer customization options for musical instruments, which has increased the demand for personalized instruments.
- Sustainability: The industry has seen a rise in sustainable and eco-friendly instruments, which has attracted environmentally conscious consumers.
NAICS Code 459140-08 - Musical Instruments-Dealers (Retail)
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