NAICS Code 532210-10 - Refrigerators & Freezers-Renting/Lease

Marketing Level - NAICS 8-Digit

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Total Companies

8

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NAICS Code 532210-10 Description (8-Digit)

The Refrigerators & Freezers-Renting/Lease industry involves the rental or leasing of refrigerators and freezers to consumers for personal or business use. This industry is a subset of the Consumer Electronics and Appliances Rental industry, which also includes the rental of other household appliances and electronics. The Refrigerators & Freezers-Renting/Lease industry provides a convenient and cost-effective solution for consumers who need temporary or long-term access to refrigeration equipment without the commitment of purchasing.

Hierarchy Navigation for NAICS Code 532210-10

Tools

Tools commonly used in the Refrigerators & Freezers-Renting/Lease industry for day-to-day tasks and operations.

  • Refrigerator dollies
  • Appliance hand trucks
  • Moving blankets
  • Straps and tie-downs
  • Bubble wrap and packing tape
  • Thermometers
  • Cleaning supplies
  • Replacement parts (e.g. shelves, door handles)
  • Hand trucks with stair climbers
  • Refrigerant recovery machines

Industry Examples of Refrigerators & Freezers-Renting/Lease

Common products and services typical of NAICS Code 532210-10, illustrating the main business activities and contributions to the market.

  • Commercial kitchen rentals
  • Event catering services
  • Temporary housing facilities
  • Medical facilities
  • Construction sites
  • Food and beverage vendors
  • Film and television production sets
  • Emergency response services
  • Hospitality industry (e.g. hotels, resorts)
  • Retail stores (e.g. pop-up shops)

Certifications, Compliance and Licenses for NAICS Code 532210-10 - Refrigerators & Freezers-Renting/Lease

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

  • EPA Refrigerant Handling Certification: This certification is required for technicians who handle refrigerants and ensures that they are knowledgeable about the safe handling and disposal of refrigerants. The certification is provided by the Environmental Protection Agency (EPA).
  • OSHA Safety Certification: This certification is required for workers who handle heavy equipment and ensures that they are knowledgeable about the safe operation of equipment. The certification is provided by the Occupational Safety and Health Administration (OSHA).
  • DOT Hazardous Materials Certification: This certification is required for workers who transport hazardous materials and ensures that they are knowledgeable about the safe handling and transportation of hazardous materials. The certification is provided by the Department of Transportation (DOT).
  • State Business License: A state business license is required for all businesses operating in the US. The license ensures that the business is registered with the state and is compliant with state regulations. The license is provided by the state government.
  • Sales Tax Permit: A sales tax permit is required for businesses that sell or lease tangible personal property. The permit ensures that the business is registered with the state and is compliant with state sales tax regulations. The permit is provided by the state government.

History

A concise historical narrative of NAICS Code 532210-10 covering global milestones and recent developments within the United States.

  • The refrigerators and freezers renting/leasing industry has been around for several decades, with the first rental companies emerging in the mid-20th century. In the early days, the industry was primarily focused on renting refrigerators to households that could not afford to purchase them outright. Over time, the industry expanded to include commercial clients, such as restaurants and grocery stores, that needed refrigeration equipment for their businesses. In recent years, the industry has seen notable advancements in technology, such as the development of smart refrigerators that can connect to the internet and provide real-time information about food storage and energy usage. In the United States, the refrigerators and freezers renting/leasing industry has experienced steady growth over the past decade. This growth can be attributed to several factors, including the increasing popularity of home-sharing services like Airbnb, which has created a demand for short-term rental options for travelers. Additionally, the rise of e-commerce has made it easier for consumers to rent appliances online, which has helped to drive growth in the industry. Despite some challenges, such as increased competition from traditional retailers and changing consumer preferences, the refrigerators and freezers renting/leasing industry is expected to continue growing in the coming years.

Future Outlook for Refrigerators & Freezers-Renting/Lease

The anticipated future trajectory of the NAICS 532210-10 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 industry of Refrigerators & Freezers-Renting/Lease in the USA is positive. The industry is expected to grow due to the increasing demand for rental appliances. The rise in the number of people living in rental apartments and the increasing number of students and young professionals who move frequently are some of the factors driving the growth of the industry. Additionally, the increasing awareness of the benefits of renting appliances, such as cost savings and convenience, is also contributing to the growth of the industry. The industry is also expected to benefit from the increasing popularity of online rental platforms, which make it easier for consumers to rent appliances. Overall, the industry is expected to continue to grow in the coming years, driven by the increasing demand for rental appliances and the convenience they offer.

Industry Innovations for NAICS Code 532210-10

Recent groundbreaking advancements and milestones in the Refrigerators & Freezers-Renting/Lease industry, reflecting notable innovations that have reshaped its landscape.

  • Smart Refrigerators: Smart refrigerators are one of the recent innovations in the industry of Refrigerators & Freezers-Renting/Lease. These refrigerators are equipped with advanced features such as touch screens, voice assistants, and Wi-Fi connectivity, which allow users to control the temperature, monitor food inventory, and even order groceries online.
  • Energy-Efficient Refrigerators: Energy-efficient refrigerators are another recent innovation in the industry. These refrigerators are designed to consume less energy, which not only helps to reduce energy bills but also helps to reduce carbon emissions and protect the environment.
  • Portable Refrigerators: Portable refrigerators are a recent innovation that is gaining popularity among consumers who love to travel or go on camping trips. These refrigerators are compact, lightweight, and can be powered by a car battery or a solar panel, making them ideal for outdoor activities.
  • Refrigerators with Built-In Water Dispensers: Refrigerators with built-in water dispensers are another recent innovation in the industry. These refrigerators are equipped with a water dispenser that provides clean and fresh drinking water, eliminating the need for a separate water filter or dispenser.
  • Refrigerators with Advanced Cooling Technology: Refrigerators with advanced cooling technology are another recent innovation in the industry. These refrigerators are equipped with advanced cooling systems that use less energy and provide better cooling performance, ensuring that food stays fresh for longer periods.

NAICS Code 532210-10 - Refrigerators & Freezers-Renting/Lease

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