NAICS Code 459510-04 - Appliances-Household-Major-Used (Retail)

Marketing Level - NAICS 8-Digit

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NAICS Code 459510-04 Description (8-Digit)

The Appliances-Household-Major-Used (Retail) industry involves the retail of second-hand large household appliances such as refrigerators, washing machines, dryers, ovens, and dishwashers. These appliances are typically sold at a lower price point than new appliances and are often refurbished or repaired before being sold. This industry is driven by consumers who are looking for affordable options for their household appliances and those who are environmentally conscious and want to reduce waste by purchasing used appliances.

Hierarchy Navigation for NAICS Code 459510-04

Parent Code (less specific)

Tools

Tools commonly used in the Appliances-Household-Major-Used (Retail) industry for day-to-day tasks and operations.

  • Appliance dollies
  • Hand trucks
  • Screwdrivers
  • Pliers
  • Wrenches
  • Nut drivers
  • Wire strippers
  • Multimeters
  • Voltage testers
  • Refrigerant gauges

Industry Examples of Appliances-Household-Major-Used (Retail)

Common products and services typical of NAICS Code 459510-04, illustrating the main business activities and contributions to the market.

  • Used refrigerators
  • Second-hand washing machines
  • Refurbished dryers
  • Pre-owned ovens
  • Reconditioned dishwashers
  • Previously owned stoves
  • Restored cooktops
  • Refurbished range hoods
  • Second-hand microwave ovens
  • Reconditioned wall ovens

Certifications, Compliance and Licenses for NAICS Code 459510-04 - Appliances-Household-Major-Used (Retail)

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

  • EPA Certification: This certification is required for businesses that handle refrigerants, including those in the used appliance industry. It ensures that the business is properly trained and equipped to handle refrigerants safely. The certification is provided by the Environmental Protection Agency (EPA).
  • OSHA Compliance: The Occupational Safety and Health Administration (OSHA) sets safety standards for workplaces. Compliance with these standards is required for businesses in the used appliance industry to ensure the safety of employees and customers.
  • Business License: A business license is required for all businesses operating in the US. It ensures that the business is registered with the government and is operating legally. The requirements for obtaining a business license vary by state and local jurisdiction.
  • Sales Tax Permit: Businesses in the used appliance industry are required to collect and remit sales tax on their sales. A sales tax permit is required to do so. The requirements for obtaining a sales tax permit vary by state and local jurisdiction.
  • Hazardous Waste Permit: Businesses in the used appliance industry may generate hazardous waste, such as refrigerants or other chemicals. A hazardous waste permit is required to handle and dispose of this waste properly. The requirements for obtaining a hazardous waste permit vary by state and local jurisdiction.

History

A concise historical narrative of NAICS Code 459510-04 covering global milestones and recent developments within the United States.

  • The "Appliances-Household-Major-Used (Retail)" industry has a long history dating back to the early 20th century when the first electric appliances were introduced to households. The industry grew rapidly in the 1920s and 1930s with the introduction of refrigerators, washing machines, and other major appliances. The industry continued to grow in the post-World War II era as more households could afford these appliances. In recent years, the industry has faced challenges due to the rise of online marketplaces and the increasing availability of new appliances at lower prices. However, the industry has adapted by offering warranties, repair services, and other value-added services to attract customers. In the United States, the "Appliances-Household-Major-Used (Retail)" industry has seen significant growth in recent years due to the increasing popularity of sustainable and eco-friendly products. Consumers are becoming more aware of the environmental impact of their purchases and are turning to used appliances as a more sustainable option. Additionally, the industry has benefited from the growing trend of home renovation and remodeling, as consumers seek to upgrade their appliances without breaking the bank. Despite these positive trends, the industry faces challenges from the rise of online marketplaces and the increasing availability of new appliances at lower prices. Overall, the industry has a rich history and continues to evolve to meet the changing needs of consumers.

Future Outlook for Appliances-Household-Major-Used (Retail)

The anticipated future trajectory of the NAICS 459510-04 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 Appliances-Household-Major-Used (Retail) industry in the USA is positive. The industry is expected to grow in the coming years due to the increasing demand for affordable household appliances. The rise of e-commerce platforms has made it easier for consumers to purchase used appliances online, which has contributed to the growth of the industry. Additionally, the increasing awareness of environmental sustainability has led to a shift in consumer behavior towards purchasing used appliances instead of new ones. The industry is also expected to benefit from the growing trend of home renovation and remodeling, which often involves the purchase of used appliances. Overall, the industry is expected to continue to grow in the coming years due to these factors.

Industry Innovations for NAICS Code 459510-04

Recent groundbreaking advancements and milestones in the Appliances-Household-Major-Used (Retail) industry, reflecting notable innovations that have reshaped its landscape.

  • Online Marketplaces: The rise of online marketplaces such as eBay and Craigslist has made it easier for consumers to purchase used household appliances. These platforms provide a convenient and affordable way for consumers to find and purchase appliances from a wide range of sellers.
  • Refurbished Appliances: Many retailers now offer refurbished appliances, which are used appliances that have been repaired and restored to like-new condition. These appliances are often sold at a lower price point than new appliances, making them an attractive option for cost-conscious consumers.
  • Energy-Efficient Appliances: The increasing awareness of environmental sustainability has led to a growing demand for energy-efficient appliances. Many used appliance retailers now offer a selection of energy-efficient appliances, which are often sold at a lower price point than new energy-efficient appliances.
  • Warranty Programs: Some used appliance retailers now offer warranty programs for their products. These programs provide consumers with peace of mind and protection against unexpected repairs or malfunctions.
  • Appliance Recycling Programs: Many used appliance retailers now offer appliance recycling programs, which allow consumers to dispose of their old appliances in an environmentally responsible way. These programs often offer incentives such as discounts on new appliance purchases or cash payments for old appliances.

NAICS Code 459510-04 - Appliances-Household-Major-Used (Retail)

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