NAICS Code 459420-26 - Party Supplies (Retail)
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NAICS Code 459420-26 Description (8-Digit)
Hierarchy Navigation for NAICS Code 459420-26
Parent Code (less specific)
Tools
Tools commonly used in the Party Supplies (Retail) industry for day-to-day tasks and operations.
- Balloon inflators
- Streamer cutters
- Banner hangers
- Tablecloth clips
- Confetti cannons
- Pinata sticks
- Party poppers
- Cake decorating tools
- Photo booth props
- Costume accessories
Industry Examples of Party Supplies (Retail)
Common products and services typical of NAICS Code 459420-26, illustrating the main business activities and contributions to the market.
- Birthday party supplies
- Wedding decorations
- Baby shower favors
- Graduation party decorations
- Halloween costumes and decorations
- Christmas party supplies
- New Year's Eve party favors
- Bachelorette party decorations
- Retirement party supplies
- Anniversary party decorations
Certifications, Compliance and Licenses for NAICS Code 459420-26 - Party Supplies (Retail)
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- Child-Resistant Packaging Certification: This certification is required for party supplies that are potentially hazardous to children, such as balloons, to ensure that the packaging is difficult for children to open. The Consumer Product Safety Commission provides this certification.
- Food Handler's Permit: This permit is required for party supplies that involve food, such as cake decorations or candy. It ensures that the food is being handled safely and properly. The requirements for this permit vary by state, but it is typically issued by the local health department.
- Fire Safety Certification: This certification is required for party supplies that involve open flames, such as candles or sparklers. It ensures that the products meet fire safety standards. The National Fire Protection Association provides this certification.
- Consumer Product Safety Certification: This certification is required for party supplies that are considered consumer products, such as party hats or noise makers. It ensures that the products meet safety standards set by the Consumer Product Safety Commission.
- Environmental Compliance Certification: This certification is required for party supplies that are made from environmentally sensitive materials, such as biodegradable plates or cups. It ensures that the products meet environmental standards set by the Environmental Protection Agency.
History
A concise historical narrative of NAICS Code 459420-26 covering global milestones and recent developments within the United States.
- The party supplies industry has a long history dating back to ancient times when people used to celebrate special occasions with decorations and costumes. In the 19th century, the first party supply stores emerged in the United States, offering a wide range of products such as balloons, streamers, and party favors. The industry continued to grow throughout the 20th century, with the introduction of new products such as themed party supplies, pinatas, and costumes. In recent years, the industry has seen a surge in demand for personalized and DIY party supplies, as well as eco-friendly and sustainable options. In the United States, the party supplies industry has experienced significant growth in recent years, driven by the increasing popularity of social media and the rise of DIY culture. Consumers are now more interested in creating unique and personalized party experiences, which has led to a demand for a wider range of products such as customized invitations, decorations, and party favors. The industry has also seen a shift towards eco-friendly and sustainable products, as consumers become more aware of the environmental impact of disposable party supplies. Overall, the party supplies industry in the United States is a dynamic and evolving market, with a wide range of products and services catering to the diverse needs of consumers.
Future Outlook for Party Supplies (Retail)
The anticipated future trajectory of the NAICS 459420-26 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 party supplies retail industry in the USA is expected to experience steady growth in the coming years. The industry is projected to benefit from the increasing popularity of social media platforms, which has led to a rise in the number of people hosting parties and events. Additionally, the industry is expected to benefit from the growing trend of DIY party decorations and the increasing demand for eco-friendly party supplies. However, the industry may face challenges due to the rising popularity of online shopping and the increasing competition from e-commerce retailers. Overall, the industry is expected to experience moderate growth in the coming years.
Industry Innovations for NAICS Code 459420-26
Recent groundbreaking advancements and milestones in the Party Supplies (Retail) industry, reflecting notable innovations that have reshaped its landscape.
- Personalized Party Supplies: Companies are now offering personalized party supplies, such as custom banners, invitations, and party favors, which allow customers to add their own personal touch to their events.
- Eco-Friendly Party Supplies: With the growing concern for the environment, many companies are now offering eco-friendly party supplies, such as biodegradable plates, cups, and utensils, which are made from sustainable materials.
- Themed Party Boxes: Companies are now offering themed party boxes, which include all the necessary supplies for a specific party theme, such as a unicorn or superhero theme.
- Virtual Party Supplies: With the rise of virtual events, companies are now offering virtual party supplies, such as virtual backgrounds and party games, which allow customers to host virtual parties with ease.
- DIY Party Decorations: With the increasing popularity of DIY projects, many companies are now offering DIY party decoration kits, which allow customers to create their own party decorations at home.
NAICS Code 459420-26 - Party Supplies (Retail)
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