NAICS Code 532210-02 - Appliances-Household-Major-Renting

Marketing Level - NAICS 8-Digit

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Total Companies

328

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NAICS Code 532210-02 Description (8-Digit)

The Appliances-Household-Major-Renting industry involves the rental of large household appliances such as refrigerators, ovens, washing machines, and dryers to consumers. This industry is a subset of the Consumer Electronics and Appliances Rental industry and is focused on providing customers with the convenience of renting major household appliances without the need for a long-term commitment or large upfront costs.

Hierarchy Navigation for NAICS Code 532210-02

Tools

Tools commonly used in the Appliances-Household-Major-Renting industry for day-to-day tasks and operations.

  • Refrigerator dollies
  • Appliance hand trucks
  • Appliance straps
  • Moving blankets
  • Appliance sliders
  • Appliance rollers
  • Appliance lifters
  • Appliance dollies
  • Handheld appliance trucks
  • Appliance moving pads

Industry Examples of Appliances-Household-Major-Renting

Common products and services typical of NAICS Code 532210-02, illustrating the main business activities and contributions to the market.

  • Refrigerator rental
  • Oven rental
  • Washing machine rental
  • Dryer rental
  • Dishwasher rental
  • Freezer rental
  • Stove rental
  • Microwave rental
  • Range rental
  • Cooktop rental

Certifications, Compliance and Licenses for NAICS Code 532210-02 - Appliances-Household-Major-Renting

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

  • EPA Section 608 Certification: This certification is required for technicians who maintain, service, repair, or dispose of equipment that could release ozone-depleting refrigerants into the atmosphere. The certification is provided by the Environmental Protection Agency (EPA).
  • National Appliance Service Technician Certification (Nastec): This certification is provided by the International Society of Certified Electronics Technicians (ISCET) and is designed to test the knowledge and skills of appliance service technicians.
  • Occupational Safety and Health Administration (OSHA) Certification: This certification is required for workers who may be exposed to hazardous materials or dangerous equipment. It is provided by the Occupational Safety and Health Administration (OSHA).
  • National Fire Protection Association (NFPA) Certification: This certification is required for workers who install, maintain, or repair fire protection systems. It is provided by the National Fire Protection Association (NFPA).
  • North American Technician Excellence (NATE) Certification: This certification is designed to test the knowledge and skills of HVAC technicians. It is provided by North American Technician Excellence (NATE).

History

A concise historical narrative of NAICS Code 532210-02 covering global milestones and recent developments within the United States.

  • The "Appliances-Household-Major-Renting" industry has a long history dating back to the early 20th century when the first electric washing machines and refrigerators were introduced. In the 1920s, the first rental stores were established, and by the 1950s, the industry had grown significantly. In the 1960s and 1970s, the industry experienced a boom due to the increasing popularity of color televisions and air conditioning units. In recent years, the industry has faced challenges due to the rise of online retailers and the increasing popularity of buying rather than renting appliances. In the United States, the industry has seen a decline in revenue in recent years due to the COVID-19 pandemic and the resulting economic downturn.

Future Outlook for Appliances-Household-Major-Renting

The anticipated future trajectory of the NAICS 532210-02 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Shrinking

    The future outlook for the Appliances-Household-Major-Renting industry in the USA is positive. The industry is expected to grow due to the increasing demand for household appliances and the rising trend of renting rather than buying. The industry is also expected to benefit from the growing awareness of the environmental impact of appliances and the need for sustainable solutions. Additionally, the industry is expected to benefit from the increasing popularity of smart home appliances and the growing trend of home automation. However, the industry may face challenges due to the increasing competition from online retailers and the growing trend of buying used appliances. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 532210-02

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

  • Smart Appliances: The industry has seen a rise in the popularity of smart home appliances that can be controlled remotely through a smartphone or a voice assistant. These appliances offer convenience and energy efficiency to consumers.
  • Energy-Efficient Appliances: The industry has been focusing on developing energy-efficient appliances that can help consumers save on their energy bills and reduce their carbon footprint.
  • Rent-To-Own Programs: Some companies in the industry have started offering rent-to-own programs that allow consumers to rent an appliance and then purchase it at the end of the rental period. This program offers flexibility to consumers who may not be able to afford the upfront cost of buying an appliance.
  • Contactless Delivery and Pickup: In response to the COVID-19 pandemic, some companies in the industry have started offering contactless delivery and pickup options to ensure the safety of their customers and employees.
  • Extended Warranties: Some companies in the industry have started offering extended warranties on their appliances to provide additional peace of mind to their customers. These warranties cover repairs and replacements for a longer period than the standard warranty.

NAICS Code 532210-02 - Appliances-Household-Major-Renting

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