NAICS Code 811490-31 - Pearl Goods
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NAICS Code 811490-31 Description (8-Digit)
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Tools
Tools commonly used in the Pearl Goods industry for day-to-day tasks and operations.
- Pearl restringing tools
- Beading needles
- Pliers
- Wire cutters
- Tweezers
- Magnifying glasses
- Cleaning solutions
- Polishing cloths
- Microfiber cloths
- Jewelry scales
Industry Examples of Pearl Goods
Common products and services typical of NAICS Code 811490-31, illustrating the main business activities and contributions to the market.
- Pearl necklaces
- Pearl earrings
- Pearl bracelets
- Pearl brooches
- Pearl hairpins
- Pearl hair combs
- Pearl tiaras
- Pearl cufflinks
- Pearl buttons
- Pearl belt buckles
Certifications, Compliance and Licenses for NAICS Code 811490-31 - Pearl Goods
The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.
- GIA Pearl Grading Certificate: This certification is provided by the Gemological Institute of America (GIA) and is required for professionals who want to grade pearls. The certification covers topics such as pearl identification, grading, and valuation.
- Jewelers Of America Certification: This certification is provided by the Jewelers of America (JA) and is designed for professionals who work in the jewelry industry. The certification covers topics such as jewelry design, gemology, and sales.
- American Gem Society (AGS) Certification: This certification is provided by the American Gem Society (AGS) and is designed for professionals who work in the jewelry industry. The certification covers topics such as diamond grading, gemology, and sales.
- Pearl Specialist Certification: This certification is provided by the Cultured Pearl Association of America (CPAA) and is designed for professionals who work with pearls. The certification covers topics such as pearl identification, grading, and valuation.
- International Pearl Specialist Certification: This certification is provided by the International Gemological Institute (IGI) and is designed for professionals who work with pearls. The certification covers topics such as pearl identification, grading, and valuation.
History
A concise historical narrative of NAICS Code 811490-31 covering global milestones and recent developments within the United States.
- The pearl goods industry has a long and rich history dating back to ancient times. Pearls were highly valued by the ancient Greeks and Romans, who used them as symbols of wealth and power. In the Middle Ages, pearls were a popular adornment for royalty and nobility. The pearl trade flourished during the Renaissance, with pearls becoming a status symbol for the wealthy. In the 20th century, the development of cultured pearls revolutionized the industry, making pearls more affordable and accessible to a wider range of consumers. In recent years, the industry has faced challenges from synthetic pearls and changing consumer preferences, but it continues to thrive as a symbol of elegance and sophistication. In the United States, the pearl goods industry has a more recent history. The first pearl farm in the US was established in Hawaii in the 1920s, and the industry grew rapidly in the following decades. Today, the US is one of the world's leading producers of cultured pearls, with farms located in Hawaii, California, and other states. The industry has faced challenges from imports of cheaper pearls from China and other countries, but it continues to be an important part of the US economy, providing jobs and revenue for many communities.
Future Outlook for Pearl Goods
The anticipated future trajectory of the NAICS 811490-31 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.
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Growth Prediction: Stable
The pearl goods industry in the USA is expected to grow in the coming years due to the increasing demand for pearl jewelry and accessories. The industry is also expected to benefit from the growing trend of sustainable and ethical fashion, as pearls are considered to be eco-friendly and ethically sourced. Additionally, the rise of e-commerce platforms has made it easier for consumers to purchase pearl goods online, which is expected to further boost the industry's growth. However, the industry may face challenges due to the impact of the COVID-19 pandemic on consumer spending and supply chain disruptions. Overall, the pearl goods industry is expected to have a positive outlook in the USA in the coming years.
Industry Innovations for NAICS Code 811490-31
Recent groundbreaking advancements and milestones in the Pearl Goods industry, reflecting notable innovations that have reshaped its landscape.
- Sustainable Pearl Farming: Some pearl goods companies are adopting sustainable pearl farming practices to reduce their environmental impact and appeal to eco-conscious consumers. These practices include using recycled water, reducing chemical use, and implementing energy-efficient technologies.
- Customizable Pearl Jewelry: Some pearl goods companies are offering customizable pearl jewelry options, allowing customers to choose the type, size, and color of pearls they want in their jewelry. This trend is expected to appeal to consumers who want unique and personalized jewelry.
- Pearl-Infused Skincare: Some beauty companies are incorporating pearl powder into their skincare products, claiming that it has anti-aging and brightening properties. This trend is expected to increase the demand for pearls and boost the pearl goods industry.
- Online Pearl Auctions: Some pearl goods companies are hosting online auctions for rare and high-quality pearls, making it easier for buyers to access these products. This trend is expected to increase the visibility and accessibility of the pearl goods industry.
- Pearl Jewelry Collaborations: Some pearl goods companies are collaborating with fashion designers and celebrities to create unique and trendy pearl jewelry collections. This trend is expected to appeal to younger consumers and increase the demand for pearl goods.
NAICS Code 811490-31 - Pearl Goods
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