Tools commonly used in the Remanufactured & Refurbished Goods (Retail) industry for day-to-day tasks and operations.

• Diagnostic tools
• Cleaning equipment
• Refurbishing machines
• Testing equipment
• Soldering irons
• Screwdrivers
• Pliers
• Wire cutters
• Heat guns
• Paint sprayers
• Sandblasters
• Buffing machines
• Welding equipment
• Power drills
• Saw blades
• Sanders
• Grinders
• Polishing pads
• Adhesives

Common products and services typical of NAICS Code 459510-56, illustrating the main business activities and contributions to the market.

• Refurbished electronics
• Remanufactured auto parts
• Reconditioned power tools
• Restored furniture
• Refinished appliances
• Rebuilt engines
• Renewed batteries
• Reclaimed building materials
• Reconstructed machinery
• Recycled printer cartridges

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

• R2: Responsible Recycling: A certification provided by Sustainable Electronics Recycling International (SERI) that ensures that electronics are recycled in an environmentally responsible way. This certification is required for companies that recycle electronics and is relevant to the Remanufactured & Refurbished Goods (Retail) industry as it ensures that the products sold are environmentally friendly.
• ISO 9001:2015: A certification provided by the International Organization for Standardization (ISO) that ensures that a company's quality management system meets international standards. This certification is relevant to the Remanufactured & Refurbished Goods (Retail) industry as it ensures that the products sold meet high quality standards.
• UL 2272: A certification provided by Underwriters Laboratories (UL) that ensures that electric personal transporters, such as hoverboards, meet safety standards. This certification is relevant to the Remanufactured & Refurbished Goods (Retail) industry as it ensures that the products sold are safe for consumers to use.
• ENERGY STAR: A certification provided by the U.S. Environmental Protection Agency (EPA) that ensures that products meet energy efficiency standards. This certification is relevant to the Remanufactured & Refurbished Goods (Retail) industry as it ensures that the products sold are energy efficient.
• EPEAT: A certification provided by the Green Electronics Council that ensures that electronics meet environmental standards. This certification is relevant to the Remanufactured & Refurbished Goods (Retail) industry as it ensures that the products sold are environmentally friendly.

A concise historical narrative of NAICS Code 459510-56 covering global milestones and recent developments within the United States.

• The remanufactured and refurbished goods industry has a long history dating back to the early 1900s when the first remanufactured engines were produced. During World War II, remanufacturing became more widespread as a way to conserve resources and reduce waste. In the 1970s, the industry experienced a surge in growth due to the oil crisis, which led to increased demand for remanufactured automotive parts. In recent years, the industry has expanded beyond automotive parts to include a wide range of products such as electronics, appliances, and furniture. In the United States, the industry has seen significant growth in the past decade due to increased consumer demand for sustainable and affordable products.

The anticipated future trajectory of the NAICS 459510-56 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The remanufactured and refurbished goods retail industry in the USA is expected to grow in the coming years due to the increasing demand for sustainable and eco-friendly products. The industry is also expected to benefit from the growing trend of consumers seeking affordable alternatives to new products. The COVID-19 pandemic has also led to an increase in demand for refurbished electronics as people are spending more time at home and relying on technology for work and entertainment. However, the industry may face challenges such as competition from new products and the need to maintain quality standards. Overall, the industry is expected to continue growing in the coming years.

Recent groundbreaking advancements and milestones in the Remanufactured & Refurbished Goods (Retail) industry, reflecting notable innovations that have reshaped its landscape.

• Renew Electronics: This company offers a subscription service for refurbished electronics, allowing customers to receive the latest technology at a lower cost.
• Back Market: This online marketplace specializes in refurbished electronics and has seen significant growth in recent years.
• The Renewal Workshop: This company partners with fashion brands to refurbish and resell their unsold inventory, reducing waste and promoting sustainability.
• The Refinishing Touch: This company specializes in refurbishing furniture for the hospitality industry, providing a cost-effective and sustainable alternative to buying new furniture.
• The Renew Co.: This company refurbishes and resells high-end designer handbags, providing a more affordable option for luxury fashion consumers.