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NAICS Code 459510-41 Description (8-Digit)

The Tools-Used (Retail) industry involves the retail of second-hand tools that have been previously owned and used. These tools are typically sold at a lower price point than new tools and can range from hand tools to power tools. This industry is a subset of the larger Used Merchandise Retailers industry and caters to both professional and DIY customers who are looking for affordable and reliable tools.

Hierarchy Navigation for NAICS Code 459510-41

Parent Code (less specific)

Tools

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

  • Power drills
  • Circular saws
  • Hand saws
  • Hammers
  • Screwdrivers
  • Wrenches
  • Pliers
  • Levels
  • Sanders
  • Grinders

Industry Examples of Tools-Used (Retail)

Common products and services typical of NAICS Code 459510-41, illustrating the main business activities and contributions to the market.

  • Used power tools
  • Second-hand hand tools
  • Pre-owned woodworking tools
  • Refurbished automotive tools
  • Previously owned construction tools
  • Second-hand gardening tools
  • Reconditioned plumbing tools
  • Used metalworking tools
  • Refurbished electrical tools
  • Pre-owned masonry tools

Certifications, Compliance and Licenses for NAICS Code 459510-41 - Tools-Used (Retail)

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

  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for employees who work with power tools and machinery to ensure that they are aware of the safety hazards and how to prevent them. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • Environmental Protection Agency (EPA) Certification: This certification is required for employees who handle refrigerants in air conditioning and refrigeration systems. The certification is provided by the Environmental Protection Agency (EPA).
  • Hazardous Materials Endorsement (HME): This endorsement is required for employees who transport hazardous materials. The endorsement is provided by the Department of Transportation (DOT).
  • National Institute for Automotive Service Excellence (ASE) Certification: This certification is required for employees who work with automotive tools and machinery to ensure that they are aware of the safety hazards and how to prevent them. The certification is provided by the National Institute for Automotive Service Excellence (ASE).
  • National Retail Federation (NRF) Certification: This certification is required for employees who work in retail to ensure that they are aware of the best practices for customer service and sales. The certification is provided by the National Retail Federation (NRF).

History

A concise historical narrative of NAICS Code 459510-41 covering global milestones and recent developments within the United States.

  • The "Tools-Used (Retail)" industry has a long history dating back to ancient times when humans first started using tools. However, the modern retail industry for used tools started to emerge in the mid-20th century. In the United States, the industry saw significant growth in the 1970s and 1980s due to the rise of DIY culture and the popularity of home improvement projects. The industry continued to grow in the 1990s and 2000s with the advent of online marketplaces and the increasing popularity of vintage and retro tools. Today, the industry continues to thrive as consumers seek out affordable and sustainable options for their tool needs.

Future Outlook for Tools-Used (Retail)

The anticipated future trajectory of the NAICS 459510-41 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 Tools-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 and sustainable tools. The rise of the DIY culture and the increasing awareness of environmental issues are also expected to contribute to the growth of the industry. The industry is also expected to benefit from the increasing popularity of online marketplaces and the growing trend of e-commerce. However, the industry may face challenges such as the increasing competition from new entrants and the changing consumer preferences. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 459510-41

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

  • Online Marketplaces: The rise of online marketplaces such as eBay and Amazon has revolutionized the Tools-Used (Retail) industry. These platforms have made it easier for consumers to buy and sell used tools, and have also increased the visibility of the industry.
  • Sustainable Tools: The increasing awareness of environmental issues has led to the development of sustainable tools. These tools are made from eco-friendly materials and are designed to last longer, reducing the need for frequent replacements.
  • Mobile Apps: The development of mobile apps has made it easier for consumers to find and buy used tools. These apps allow consumers to search for tools based on their location, and also provide information on the condition and price of the tools.
  • Social Media: Social media platforms such as Facebook and Instagram have become important marketing tools for the Tools-Used (Retail) industry. These platforms allow retailers to showcase their products and connect with potential customers.
  • 3D Printing: The development of 3D printing technology has opened up new possibilities for the Tools-Used (Retail) industry. 3D printing allows retailers to create custom tools and replacement parts, reducing the need for expensive manufacturing processes.

NAICS Code 459510-41 - Tools-Used (Retail)

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