NAICS Code 4243 - Apparel, Piece Goods, and Notions Merchant...

NAICS 4243 - Apparel, Piece Goods, and Notions Merchant Wholesalers

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
  - NAICS 4243 - Apparel, Piece Goods, and Notions Merchant Wholesalers
    NAICS 4241 - Paper and Paper Product Merchant Wholesalers NAICS 4242 - Drugs and Druggists' Sundries Merchant Wholesalers NAICS 4243 - Apparel, Piece Goods, and Notions Merchant Wholesalers NAICS 4244 - Grocery and Related Product Merchant Wholesalers NAICS 4245 - Farm Product Raw Material Merchant Wholesalers NAICS 4246 - Chemical and Allied Products Merchant Wholesalers NAICS 4247 - Petroleum and Petroleum Products Merchant Wholesalers NAICS 4248 - Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers NAICS 4249 - Miscellaneous Nondurable Goods Merchant Wholesalers

This industry comprises establishments primarily engaged in the merchant wholesale distribution of piece goods, fabrics, knitting yarns (except industrial), thread and other notions, and/or hair accessories.

Industry trends:

The apparel, piece goods, and notions merchant wholesalers industry (NAICS 4243) is currently experiencing several notable qualitative trends. One major trend is the increased emphasis on sustainability and ethical sourcing. Consumers and retailers are demanding more transparency regarding the origin of materials and the labor practices involved in the production of apparel and goods. As a result, wholesalers are prioritizing partnerships with suppliers who adhere to environmental and social standards.

Another significant trend is the growing reliance on technology and digital platforms for business operations. Wholesalers are increasingly adopting digital tools for inventory management, order processing, and customer engagement. E-commerce integration is also becoming essential as more retailers and buyers prefer to conduct transactions online, highlighting the shift towards a more connected and efficient supply chain.

Additionally, there is a rising focus on diversified product offerings to cater to niche markets and fast-changing fashion trends. Wholesalers are expanding their range to include specialty items and customizable goods to meet the specific demands of boutique retailers and consumers seeking unique products.

In the near future, forecasts indicate that these trends will continue to shape the industry. Sustainability initiatives will likely strengthen, driven by regulatory pressures and consumer advocacy. Technological advancements, particularly in artificial intelligence and data analytics, will further transform supply chain efficiency and customer relationship management. Moreover, the push for diversification will encourage wholesalers to innovate and explore new market opportunities, ensuring resilience and growth in a competitive landscape.