The non durable goods wholesalers global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Non Durable Goods Wholesalers Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The non-durable goods wholesalers market size has grown strongly in recent years. It will grow from $22804.63 billion in 2023 to $24165.49 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to economic conditions, consumer spending, retail sector demand, seasonal variations.
The non-durable goods wholesalers market size is expected to see strong growth in the next few years. It will grow to $29703.98 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to e-commerce and online sales, sustainability and eco-friendliness, health and wellness products, flexible and efficient distribution. Major trends in the forecast period include technology adoption, collaboration and partnerships, private label and branding, sustainability and eco-friendliness.
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Scope Of Non Durable Goods Wholesalers Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Non Durable Goods Wholesalers Market Overview
Market Drivers –
The increasing demand for e-commerce is expected to propel the growth of the non-durable goods wholesaler’s market going forward. E-commerce refers to the buying and selling of goods and services over the internet and other electronic channels. E-commerce allows wholesalers to expand their market beyond their physical location. They can reach customers regionally, nationally, and even internationally, thus increasing their potential customer base. For instance, in August 2023, according to the United States Census Bureau, a US-based government agency, compared to the second quarter of 2022, the estimate for e-commerce in the second quarter of 2023 climbed by 7.5% (or 1.4%), while overall retail sales rose by 0.6% (or 0.4%). 15.4% of all sales in the second quarter of 2023 were made through online stores Therefore, the increasing demand for e-commerce is driving the growth of the non-durable goods wholesaler’s market.
The non durable goods wholesalers market covered in this report is segmented –
1) By Type: Paper And Paper Product Wholesalers, Drugs And Druggists Sundries Wholesalers, Apparel, Piece Goods, And Notions Wholesalers, Grocery And Related Product Wholesalers, Farm Product Raw Material Wholesalers, Chemical And Allied Products Wholesalers, Petroleum And Petroleum Products Wholesalers, Beer, Wine, And Distilled Alcoholic Beverage Wholesalers, Miscellaneous Nondurable Goods Wholesalers
2) By Ownership: Wholesale/Distribution Chain, Independent Wholesalers
3) By Price Range: Premium, Mid-Range, Economy
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Regional Insights –
Asia-Pacific was the largest region in the non-durable goods wholesalers market in 2023. North America was the second-largest region in the non-durable goods wholesalers market. The regions covered in the non-durable goods wholesaler’s market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Key Companies –
Major companies operating in the non durable goods wholesalers market include AmerisourceBergen Corp, Cardinal Health Inc., Walmart Inc., Sinopharm Group Co Ltd., Berkshire Hathaway Inc., METRO AG, Medipal Holdings Corporation, Itochu Corp, Sysco Corp, US Foods Holding Corp, C&S Wholesale Grocers Inc., Heineken NV, Walgreens Boots Alliance Inc., Performance Food Group Company, Univar Solutions Inc., Brenntag AG, WPG Holdings Ltd., Avantor Inc., Veritiv Corporation, Bunzl Distribution USA Inc., Imperial Dade, H T Hackney Co., GPC Asia Pacific Ltd., Core-Mark Holding Company Inc., United Natural Foods Inc., Groupe Guillin SA, Herbalife Nutrition Ltd., Central Garden & Pet Company, Pyxus International Inc., The Chefs’ Warehouse Inc.
Table of Contents
1. Executive Summary
2. Non Durable Goods Wholesalers Market Characteristics
3. Non Durable Goods Wholesalers Product/Service Analysis -Product/Service Examples
4. Non Durable Goods Wholesalers Market Trends And Strategies
5. Non Durable Goods Wholesalers Market – Macro Economic Scenario
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68. Global Non Durable Goods Wholesalers Market Competitive Benchmarking
69. Global Non Durable Goods Wholesalers Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Non Durable Goods Wholesalers Market
71. Non Durable Goods Wholesalers Market Future Outlook and Potential Analysis
72. Appendix
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