Major Group SIC 5198 - Paints, Varnishes, And Supplies

SIC 5198 - Paints, Varnishes, And Supplies

SIC 51 - Wholesale Trade-non-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
- SIC 519 - Miscellaneous Non-durable Goods
  SIC 511 - Paper And Paper Products SIC 512 - Drugs, Drug Proprietaries, And Druggists' Sundries SIC 513 - Apparel, Piece Goods, And Notions SIC 514 - Groceries And Related Products SIC 515 - Farm-product Raw Materials SIC 516 - Chemicals And Allied Products SIC 517 - Petroleum And Petroleum Products SIC 518 - Beer, Wine, And Distilled Alcoholic Beverages SIC 519 - Miscellaneous Non-durable Goods
  - SIC 5198 - Paints, Varnishes, And Supplies
    SIC 5191 - Farm Supplies SIC 5192 - Books, Periodicals, And Newspapers SIC 5193 - Flowers, Nursery Stock, And Florists' Supplies SIC 5194 - Tobacco And Tobacco Products SIC 5198 - Paints, Varnishes, And Supplies SIC 5199 - Nondurable Goods, Not Elsewhere Classified

Establishments primarily engaged in the wholesale distribution of paints, varnishes, wallpaper, and supplies. Establishments selling to the general public and known as retail in the trade are classified in Retail Trade, Industry 5231.

Industry trends:

The NAICS 5198 industry, which includes paints, varnishes, and supplies, is experiencing significant shifts driven by several key trends. One of the primary qualitative trends is the growing consumer and regulatory demand for environmentally friendly and sustainable products. This is pushing manufacturers to innovate and produce paints with low VOC (volatile organic compound) emissions and utilize more natural and sustainable raw materials.

Another notable trend is the increasing adoption of advanced technology and digital tools. Companies are leveraging smart manufacturing processes and automation to enhance efficiency and reduce waste. Additionally, augmented reality (AR) applications are being used by businesses to allow customers to visualize different paint colors in their spaces before making purchases, thus improving customer experience and satisfaction.

Market forecasts for the near future suggest that eco-friendly products will continue to gain market share as green building standards and environmental regulations become more stringent. The DIY sector is also expected to see growth, driven by a rise in home improvement projects, especially in the wake of the COVID-19 pandemic which has seen more people investing in their living spaces.

Moreover, the industry might witness further consolidation as larger companies acquire smaller entities to expand their product portfolios and geographical reach. Overall, innovation in product formulation and technology will be crucial for staying competitive in this evolving market landscape.

This industry is comprised of:

Calcimines-wholesale

Colors and pigments-wholesale

Enamels-wholesale

Lacquers-wholesale

Paint brushes, rollers, and sprayers-wholesale

Paints-wholesale

Shellac-wholesale

Varnishes-wholesale

Wallpaper-wholesale

Explore related industries:

SIC 2851 - Paints, Varnishes, Lacquers, Enamels, And Allied Products SIC 5039 - Construction Materials, Not Elsewhere Classified SIC 5231 - Paint, Glass, And Wallpaper Stores

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