42362 - Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers
When navigating the world of government contracting and wholesale trade, knowing the right NAICS codes is crucial. NAICS Code 42362 represents a vital segment of the wholesale trade sector—Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers. Whether you're a business owner, supplier, or industry analyst, understanding this code helps identify relevant market opportunities and compliance requirements.
What is NAICS Code 42362?
NAICS Code 42362 classifies establishments primarily engaged in the merchant wholesale distribution of:
- Household appliances
- Electric housewares
- Consumer electronics
These establishments sell products such as refrigerators, microwaves, televisions, and audio equipment to retailers, commercial users, or other wholesalers rather than direct consumers.
Key Characteristics
- Focus on merchant wholesale distribution (i.e., purchasing goods and reselling without significant modification)
- Involvement with electric household items and consumer electronics
- Serve a client base of retailers, commercial users, and other wholesale entities
Sector Overview: Wholesale Trade
NAICS 42362 falls under the broader Wholesale Trade sector, which encompasses industries engaged in the wholesale distribution of goods. This sector is integral to the supply chain by facilitating the movement of products from manufacturers to retail outlets or commercial users.
Typical Business Activities Under NAICS 42362
- Wholesale distribution of major household appliances (e.g., refrigerators, washers, dryers)
- Selling electric housewares like microwaves and toasters to businesses
- Distributing consumer electronics such as televisions, stereo systems, and computer peripherals to retailers or commercial users
Size Standards for NAICS Code 42362
For federal contracting and Small Business Administration (SBA) purposes, size standards determine eligibility as a small business in this category. Typically, businesses under NAICS 42362 are considered small if they have:
- Annual receipts not exceeding $41.5 million (subject to periodic update by SBA)
Always consult the latest SBA size standards to verify current thresholds.
Examples of Businesses Under NAICS 42362
-
Wholesale Distributors of Household Appliances
Businesses specializing in distributing kitchen and laundry appliances to stores or service companies. -
Wholesalers of Consumer Electronics
Firms supplying televisions, audio equipment, and multimedia devices to electronic retail chains. -
Distributors of Electric Housewares
Companies handling microwave ovens, coffee makers, electric fans, and related products to commercial clients or resellers.
NAICS Code 42362 Details Table
| Feature | Description |
|---|---|
| NAICS Code | 42362 |
| Title | Household Appliances, Electric Housewares, and Consumer Electronics Merchant Wholesalers |
| Sector | Wholesale Trade |
| Industry Description | Merchant wholesale distribution of household appliances, electric housewares, and consumer electronics |
| Typical Products | Refrigerators, microwaves, TVs, audio equipment, electric fans, coffee makers |
| Target Customers | Retailers, commercial users, other wholesalers |
| Size Standard | $41.5 million or less in annual receipts (check SBA for current figures) |
| Examples of Business Types | Wholesale distributors, consumer electronics wholesalers, electric houseware distributors |
Frequently Asked Questions (FAQ)
What types of products are included in NAICS 42362?
This code covers household appliances such as refrigerators and washers, electric housewares like microwaves and coffee makers, and consumer electronics such as televisions and audio systems.
Who are the customers of businesses classified under NAICS 42362?
Customers typically include retail stores, commercial enterprises, and other wholesale distributors, not direct consumers.
Why is knowing the NAICS code important for businesses?
Using the correct NAICS code helps businesses identify contracting opportunities, comply with federal regulations, and connect with appropriate customers and suppliers.
How do I verify if my business qualifies as "small" under this NAICS code?
Check the latest SBA size standards, which currently set the small business threshold at $41.5 million in annual receipts for NAICS 42362.
Can distribution of appliances and electronic goods be combined under one company classification?
Yes, businesses that distribute a mix of household appliances, electric housewares, and consumer electronics typically fall under this NAICS code 42362.
Conclusion
NAICS Code 42362 plays a crucial role in the wholesale trade sector by defining businesses engaged in the distribution of household appliances, electric housewares, and consumer electronics. Knowing this code is essential for companies looking to access government contracts, target wholesale customers, or analyze market trends in this industry segment.
By understanding the typical products, business activities, size standards, and sector classification, businesses can better position themselves for success in this dynamic field.
Keywords: NAICS code 42362, household appliances wholesalers, electric housewares distributors, consumer electronics wholesale, wholesale trade sector, small business size standards, merchant wholesalers
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