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 industry, specifically for nondurable goods (NAICS 422), is experiencing several notable trends that could shape its trajectory in the near future. An increasing focus on digital transformation is evident as companies are investing heavily in technology to streamline their supply chain processes and improve operational efficiency. This includes the adoption of sophisticated inventory management systems, predictive analytics, and e-commerce platforms to enhance customer engagement and optimize the distribution channels.

Sustainability has become a crucial factor driving industry practices. Wholesalers are paying more attention to sourcing products responsibly and reducing their carbon footprint. Efforts to improve the traceability of goods also gain prominence as consumers and businesses alike demand transparency regarding the origin and environmental impact of the products they purchase.

Another emerging trend is the shift towards customized and flexible services. Wholesalers are increasingly adopting a more customer-centric approach, offering tailored solutions to meet specific client needs. This involves the customization of products, delivery schedules, and even payment terms, focusing on building stronger, long-term relationships with clients.

Looking ahead, these trends suggest that the industry will likely continue to evolve rapidly, driven by technological advancements and a heightened emphasis on sustainability and customer satisfaction. Companies in this sector are expected to prioritize innovation to remain competitive, while also adapting to regulatory changes and market demands that emphasize ethical sourcing and eco-friendly practices. The ongoing digitalization and increased focus on environmental stewardship are poised to shape the future landscape of the nondurable goods wholesale trade industry.