42346 - Ophthalmic Goods Merchant Wholesalers
When navigating the complex landscape of government contracting and industry classification, understanding NAICS codes is essential. One such code, NAICS code 42346, specifically pertains to the Ophthalmic Goods Merchant Wholesalers industry. This sector plays a critical role in the supply chain for optical products, serving as a key link between manufacturers and optical retailers, optometrists, and other businesses.
What is NAICS Code 42346?
NAICS code 42346 encompasses establishments primarily engaged in the merchant wholesale distribution of ophthalmic goods. This includes essential optical products such as:
- Eyeglasses and frames
- Contact lenses
- Related ophthalmic instruments and optical equipment
The primary customers for these wholesalers are other businesses like optical retailers and healthcare providersānot the end consumers.
Sector Overview: Merchant Wholesalers, Durable Goods
NAICS 42346 falls under the broader Merchant Wholesalers, Durable Goods sector. Businesses in this sector are involved in the distribution of durable products that are expected to last and typically include machinery, equipment, and supplies.
Typical Business Activities Under NAICS 42346
- Wholesale distribution of eyeglasses, sunglasses, and frames
- Supplying contact lenses and lens care products to optical retailers
- Distributing ophthalmic instruments, diagnostic equipment, and optical accessories
- Reselling optical goods sourced from manufacturers to optometry offices and eyewear stores
Size Standards for NAICS Code 42346
To help businesses qualify for government contracts and programs, size standards are defined by the U.S. Small Business Administration (SBA). For NAICS code 42346, the size standards are based on annual receipts.
- Small Business Size Standard: $38.5 million in average annual receipts (varies, please check SBA updates for current figures)
Meeting or being below this size threshold grants eligibility for small business programs and federal contracting opportunities.
Examples of Businesses Under NAICS 42346
- Wholesale distributors specializing in designer eyeglass frames and lenses
- Contact lens distribution firms supplying to chain optical retailers
- Companies providing specialized ophthalmic instruments like slit lamps and optical coherence tomography devices to eye care professionals
These businesses play a pivotal role in ensuring optical products reach markets efficiently, supporting eye health care nationwide.
Detailed Breakdown of NAICS Code 42346
| Attribute | Description |
|---|---|
| NAICS Code | 42346 |
| Title | Ophthalmic Goods Merchant Wholesalers |
| Description | Establishments primarily engaged in merchant wholesale distribution of ophthalmic goods such as eyeglasses, contact lenses, and related optical products. They sell mainly to retailers, optometrists, and businesses. |
| Sector | Merchant Wholesalers, Durable Goods |
| Typical Businesses | Wholesale distributors of eyeglasses and frames, suppliers of contact lenses, distributors of ophthalmic instruments and optical equipment |
| Small Business Size Standard | $38.5 million (average annual receipts) |
Frequently Asked Questions (FAQs)
What types of products do businesses under NAICS 42346 distribute?
Businesses distribute ophthalmic goods including eyeglasses, frames, contact lenses, lens care products, diagnostic instruments, and other optical equipment essential for vision care.
Who are the primary customers for these wholesalers?
Their primary clients are optical retailers, optometrists, ophthalmologists, and other eye care professionals rather than direct consumers.
How can I determine if my business qualifies as a small business under NAICS 42346?
Check the latest SBA size standards for NAICS 42346, typically based on annual receipts. Meeting or staying below the SBA's size threshold qualifies your business as small for federal programs.
Why is understanding NAICS code 42346 important?
Knowing this classification helps businesses identify market opportunities, comply with government regulations, and position themselves for contracts related to ophthalmic wholesale goods.
Understanding NAICS code 42346 - Ophthalmic Goods Merchant Wholesalers is crucial for businesses operating in or targeting the ophthalmic supply chain. Whether you are a wholesaler looking to expand, an optometrist sourcing new suppliers, or a government contractor seeking relevant codes, this guide provides the foundational knowledge you need to navigate the industry effectively.
