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

• Wrapping paper cutter
• Scissors
• Tape dispenser
• Ribbon cutter
• Gift bag sizer
• Bow maker
• Tissue paper cutter
• Gift tag punch
• Glue gun
• Hole puncher

Common products and services typical of NAICS Code 459420-14, illustrating the main business activities and contributions to the market.

• Wrapping paper
• Gift bags
• Tissue paper
• Ribbons
• Bows
• Gift boxes
• Wrapping paper rolls
• Gift wrapping sets
• Gift wrapping accessories
• Gift wrapping kits

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

• Hazardous Materials Endorsement (HME): This endorsement is required for drivers who transport hazardous materials. The Transportation Security Administration (TSA) provides this certification.
• Occupational Safety and Health Administration (OSHA) Certification: This certification is required for employees who work with hazardous materials. OSHA provides this certification.
• Food and Drug Administration (FDA) Certification: This certification is required for businesses that sell food products. The FDA provides this certification.
• National Retail Federation (NRF) Certification: This certification is required for retail employees who work with customers. The NRF provides this certification.
• Retail Industry Leaders Association (RILA) Certification: This certification is required for retail employees who work in management positions. RILA provides this certification.

A concise historical narrative of NAICS Code 459420-14 covering global milestones and recent developments within the United States.

• The history of the gift wrapping materials industry dates back to ancient China, where paper was invented and used to wrap gifts. In the 19th century, wrapping paper became popular in the Western world, and by the 20th century, gift wrapping had become an art form. In the United States, the industry has seen significant growth since the 1950s, with the introduction of new materials such as cellophane and the rise of department stores. In recent years, the industry has adapted to changing consumer preferences, with a focus on eco-friendly and sustainable materials. For example, many retailers now offer gift wrapping options using recycled paper or reusable fabric.

The anticipated future trajectory of the NAICS 459420-14 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The gift wrapping materials retail industry in the USA is expected to experience steady growth in the coming years. The industry is expected to benefit from the increasing demand for gift wrapping materials due to the growing trend of gift-giving. Additionally, the industry is expected to benefit from the increasing popularity of online shopping, which is expected to drive demand for gift wrapping materials. However, the industry is also expected to face challenges such as increasing competition from online retailers and changing consumer preferences. Overall, the industry is expected to experience moderate growth in the coming years.

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

• Eco-Friendly Gift Wrapping Materials: With the increasing focus on sustainability, many retailers are now offering eco-friendly gift wrapping materials such as recycled paper, biodegradable wrapping paper, and reusable gift bags.
• Personalized Gift Wrapping: Many retailers are now offering personalized gift wrapping services, allowing customers to add a personal touch to their gifts.
• Digital Gift Wrapping: Some retailers are now offering digital gift wrapping services, allowing customers to send virtual gift-wrapped items to their loved ones.
• Gift Wrapping Workshops: Some retailers are now offering gift wrapping workshops, teaching customers how to wrap gifts in creative and unique ways.
• Gift Wrapping Subscription Services: Some retailers are now offering gift wrapping subscription services, allowing customers to receive a monthly supply of gift wrapping materials.