NAICS Code 531130-01 - Storage-Household & CommercialMarketing Level - NAICS 8-Digit
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NAICS Code 531130-01 Description (8-Digit)
Hierarchy Navigation for NAICS Code 531130-01
Parent Code (less specific)
Tools commonly used in the Storage-Household & Commercial industry for day-to-day tasks and operations.
- Hand trucks
- Pallet jacks
- Moving blankets
- Box cutters
- Tape dispensers
- Shelving units
- Moving straps
- Bubble wrap
Industry Examples of Storage-Household & Commercial
Common products and services typical of NAICS Code 531130-01, illustrating the main business activities and contributions to the market.
- Self-storage units
- Climate-controlled storage
- Boat and RV storage
- Document storage
- Wine storage
- Business inventory storage
- Art storage
- Archive storage
- Furniture storage
- Electronic storage
Certifications, Compliance and Licenses for NAICS Code 531130-01 - Storage-Household & Commercial
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- OSHA Hazard Communication Standard: This certification is required for all employees who work with hazardous chemicals. It ensures that employees are aware of the potential hazards of the chemicals they work with and how to protect themselves. The certification is provided by the Occupational Safety and Health Administration (OSHA).
- EPA Stormwater Permit: This permit is required for facilities that have the potential to discharge pollutants into stormwater. It ensures that facilities have measures in place to prevent pollution and protect the environment. The permit is provided by the Environmental Protection Agency (EPA).
- Fire Safety Inspection: This inspection is required to ensure that the facility meets fire safety standards and has the necessary equipment to prevent and respond to fires. The inspection is conducted by the local fire department. No link available
- Business License: This license is required to operate a business in the US. It ensures that the business is registered with the government and is operating legally. The license is provided by the local government. No link available
- Zoning Permit: This permit is required to ensure that the facility is located in a zone that allows for the operation of a storage facility. It ensures that the facility is in compliance with local zoning laws. The permit is provided by the local government. No link available
A concise historical narrative of NAICS Code 531130-01 covering global milestones and recent developments within the United States.
- The Storage-Household & Commercial industry has a long history dating back to ancient times when people used to store their belongings in caves and underground pits. In the 19th century, the industry started to take shape with the construction of the first modern storage facilities in the United States. The industry continued to grow in the 20th century with the introduction of new technologies such as climate control and security systems. In recent years, the industry has seen a surge in demand due to the rise of e-commerce and the need for additional storage space for businesses and individuals. In the United States, the Storage-Household & Commercial industry has experienced significant growth in the past decade. According to a report by IBISWorld, the industry has grown at an annual rate of 3.7% from 2016 to 2021. This growth can be attributed to several factors such as the increase in urbanization, the rise of the sharing economy, and the growth of e-commerce. The industry has also seen an increase in demand for climate-controlled storage units and the adoption of new technologies such as online booking systems and mobile apps.
Future Outlook for Storage-Household & Commercial
The anticipated future trajectory of the NAICS 531130-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
Growth Prediction: GrowingThe future outlook for the Storage-Household & Commercial industry in the USA is positive. The industry is expected to continue growing due to the increasing demand for storage solutions from both households and businesses. The rise of e-commerce and the need for warehousing and distribution centers is also expected to contribute to the growth of the industry. However, the industry may face challenges such as increased competition and regulatory changes. Overall, the industry is expected to continue growing steadily in the coming years.
Industry Innovations for NAICS Code 531130-01
Recent groundbreaking advancements and milestones in the Storage-Household & Commercial industry, reflecting notable innovations that have reshaped its landscape.
- Smart Storage Solutions: Companies are developing smart storage solutions that use technology such as sensors and automation to optimize storage space and improve efficiency.
- Climate-Controlled Storage: Climate-controlled storage units are becoming increasingly popular, especially in areas with extreme temperatures or high humidity. These units provide a more controlled environment for sensitive items such as artwork, electronics, and documents.
- Mobile Storage: Mobile storage solutions, where storage units are delivered to the customer's location, are becoming more popular due to their convenience and flexibility.
- Online Booking and Payment: Many storage companies now offer online booking and payment options, making it easier for customers to reserve and pay for storage units.
- Green Storage: Some storage companies are implementing eco-friendly practices such as using solar power, rainwater harvesting, and energy-efficient lighting to reduce their environmental impact.
NAICS Code 531130-01 - Storage-Household & Commercial
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