NAICS Code 422 - Wholesale trade, nondurable goods

NAICS 422 - Wholesale trade, nondurable goods

NAICS 42 - Wholesale Trade
NAICS 11 - Sector 11--Agriculture, Forestry, Fishing and Hunting NAICS 21 - Sector 21--Mining NAICS 22 - Sector 22--Utilities NAICS 23 - Sector 23--Construction NAICS 31 - Sector 31-33--Manufacturing NAICS 42 - Sector 42--Wholesale Trade NAICS 44 - Sector 44-45--Retail Trade NAICS 48 - Sector 48-49--Transportation and Warehousing NAICS 51 - Sector 51--Information NAICS 52 - Sector 52--Finance and Insurance NAICS 53 - Sector 53--Real Estate and Rental and Leasing NAICS 54 - Sector 54--Professional, Scientific, and Technical Services NAICS 55 - Sector 55--Management of Companies and Enterprises NAICS 56 - Sector 56--Administrative and Support and Waste Management and Remediation Services NAICS 61 - Sector 61--Educational Services NAICS 62 - Sector 62--Health Care and Social Assistance NAICS 71 - Sector 71--Arts, Entertainment, and Recreation NAICS 72 - Sector 72--Accommodation and Food Services NAICS 81 - Sector 81--Other Services (except Public Administration) NAICS 92 - Sector 92--Public Administration
- NAICS 422 - Wholesale trade, nondurable goods
  NAICS 423 - Merchant Wholesalers, Durable Goods NAICS 424 - Merchant Wholesalers, Nondurable Goods NAICS 425 - Wholesale Electronic Markets and Agents and Brokers NAICS 421 - Wholesale Trade, Durable Goods NAICS 422 - Wholesale trade, nondurable goods

Industries in the Wholesale Trade, Nondurable Goods subsector sell or arrange the purchase or sale of nondurable goods to other businesses. Nondurable goods are items generally with a normal life expectancy of less than three years. Nondurable goods wholesale trade establishments are engaged in wholesaling products, such as paper and paper products, chemicals and chemical products, drugs, textiles and textile products, apparel, footwear, groceries, farm products, petroleum and petroleum products, alcoholic beverages, books, magazines, newspapers, flowers and nursery stock, and tobacco products.

Industry trends:

The wholesale trade in nondurable goods (NAICS 422) is exhibiting several notable qualitative trends. One significant trend is the increasing adoption of digital technologies and e-commerce platforms. Companies in this sector are leveraging digital tools to streamline their supply chains, improve customer engagement, and optimize inventory management. This trend is expected to accelerate as businesses seek to enhance operational efficiencies and adapt to changing consumer behaviors.

Sustainability is another important trend impacting the wholesale trade in nondurable goods. Wholesalers are under growing pressure to adopt environmentally friendly practices, such as reducing waste, optimizing energy use, and sourcing eco-friendly products. This shift is being driven by regulatory requirements, consumer demand for sustainable products, and corporate social responsibility initiatives.

Furthermore, the sector is seeing a trend towards increased consolidation and mergers. Smaller wholesalers are being acquired by larger companies, leading to a more concentrated market landscape. This consolidation is aimed at achieving economies of scale, enhancing competitive positioning, and expanding market reach.

In the near future, we can anticipate continued growth in the use of advanced analytics and artificial intelligence (AI) to make data-driven decisions. These technologies will enable wholesalers to predict market trends, personalize customer experiences, and optimize pricing strategies.

Overall, while the wholesale trade in nondurable goods faces challenges such as supply chain disruptions and evolving regulatory environments, these trends indicate a sector that is adapting through innovation and strategic consolidation. As these trends continue to evolve, wholesalers that embrace digital transformation and sustainability are likely to be well-positioned for success.