NAICS Code 424 - Merchant Wholesalers, Nondurable Goods

NAICS 424 - Merchant Wholesalers, 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 424 - Merchant Wholesalers, 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 Merchant Wholesalers, Nondurable Goods subsector sell nondurable goods to other businesses. Nondurable goods are items generally with a normal life expectancy of less than three years. Nondurable goods merchant 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.

The detailed industries within the subsector are organized in the classification structure based on the products sold.

Business to business electronic markets, agents, and brokers primarily engaged in wholesaling nondurable goods, generally on a commission or fee basis, are classified in Subsector 425, Wholesale Electronic Markets and Agents and Brokers.

Industry trends:

In the Merchant Wholesalers, Nondurable Goods industry (NAICS 424), several qualitative trends are currently noticeable. Firstly, there is a growing emphasis on digital transformation. Wholesalers are increasingly adopting e-commerce platforms to streamline operations and enhance customer experiences. This shift is expected to continue, as more businesses recognize the efficiency and reach that digital solutions offer.

Sustainability is also becoming a significant focus. Companies are seeking eco-friendly products and practices to meet consumer demand and regulatory pressures. This trend is likely to accelerate, driven by increasing environmental awareness and legislation.

Supply chain resilience has gained attention due to recent global disruptions. Wholesalers are investing in more robust and diversified supply chains to mitigate risks. This includes sourcing locally where possible and building stronger relationships with suppliers.

Personalization and customer-centric approaches are being prioritized. Data analytics and AI are employed to understand customer needs better and tailor services accordingly. This trend is forecasted to grow as technology advances and competition intensifies.

Looking ahead, expect continued advancements in automation and AI, further sustainability initiatives, and an ongoing push towards digital integration. The industry will likely see more collaboration between wholesalers and tech companies to develop innovative solutions that address emerging challenges and opportunities.