SIC Code 5199-54 - Party Supplies (Wholesale)

The Party Supplies (Wholesale) industry involves the distribution of a wide range of products used for parties and events. These products include decorations, balloons, tableware, party favors, costumes, and other related items. Wholesale party supplies are sold to retailers, event planners, and other businesses that require large quantities of these products. The industry is highly competitive, with companies constantly introducing new and innovative products to meet the changing demands of consumers. The Party Supplies (Wholesale) industry is driven by seasonal demand, with the majority of sales occurring during the holiday season and other peak periods such as Halloween, Valentine's Day, and New Year's Eve. The industry is also influenced by trends in popular culture, with licensed products featuring popular characters and themes often in high demand. Companies in this industry must have a strong understanding of consumer preferences and be able to quickly adapt to changing trends. They must also have efficient supply chain management systems in place to ensure timely delivery of products to customers. Overall, the Party Supplies (Wholesale) industry plays an important role in the event planning and retail industries, providing businesses with the products they need to create memorable experiences for their customers.