Major Group SIC 50 - Wholesale Trade-durable Goods

SIC 50 - Wholesale Trade-durable Goods

SIC 50 - Wholesale Trade-durable Goods
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs

This major group includes establishments primarily engaged in the wholesale distribution of durable goods.

Industry trends:

The Wholesale Trade of Durable Goods (NAICS 50) has been experiencing significant qualitative shifts driven by technological advancements and evolving customer expectations. One major trend is the widespread adoption of digital transformation. Distributors are increasingly investing in e-commerce platforms, AI-driven inventory management systems, and blockchain for supply chain transparency. These technologies enhance efficiency, reduce costs, and improve customer satisfaction by providing real-time tracking and analytics.

Sustainability is another emerging trend. Both businesses and customers are becoming more environmentally conscious, leading wholesalers to adopt green practices. These include sourcing durable goods from sustainable materials and optimizing logistics to reduce carbon footprints. This shift towards eco-friendly operations is expected to gain more traction in the near future.

Additionally, there's a growing emphasis on customization and personalized services. Wholesalers are leveraging big data and advanced analytics to understand their clients' unique needs better. This allows them to offer tailored solutions and improve customer loyalty.

Looking forward, we expect these trends to continue shaping the industry. The integration of advanced technologies will become more prevalent, sustainability will be a key differentiator, and personalized service will be a standard expectation. Wholesalers who can adapt to these changes swiftly and efficiently are likely to gain a competitive edge in the coming years.

This industry is comprised of:

SIC 501 - Motor Vehicles And Motor Vehicle Parts And Supplies

SIC 502 - Furniture And Home Furnishings

SIC 503 - Lumber And Other Construction Materials

SIC 504 - Professional And Commercial Equipment And Supplies

SIC 505 - Metals And Minerals, Except Petroleum

SIC 506 - Electrical Goods

SIC 507 - Hardware, And Plumbing And Heating Equipment And Supplies

SIC 508 - Machinery, Equipment, And Supplies

SIC 509 - Miscellaneous Durable Goods

Explore related industries:

SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores

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