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The Global Wholesale Market Is Forecast To Grow At A High CAGR To 2020
Posted: Jan 03, 2019
The Business Research Company’s global wholesale market analysis covers the year-on-year growth of the global wholesale market historic and forecast growth. It also includes chapters on the wholesale market trends, geographical analysis, and competitive landscape.
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The global wholesale market is forecast to grow at a CAGR (compound annual growth rate) of around 4.5% to 2020.
Wholesale Market Segmentation
According to TBRC’s global wholesale market research, the market is split by segments into durable goods merchant wholesalers, non-durable goods merchant wholesalers, and wholesale electronic markets and agents and brokers.
Durable goods merchant wholesalers was the largest segment in the global wholesale market accounting for more than half the market share. This can be attributed to the presence of a large number of wholesale companies. This segment includes establishments involved in the market and sell durable goods, such as furniture, motor vehicles, construction material, and sporting goods, to other businesses.
Non-durable goods merchant wholesalers’ second largest segment in the market at 44.6% of the global wholesale market. This segment includes establishments involved in selling non-durable goods, such as paper products, groceries, and chemical products, to other businesses.
Wholesale electronic markets and agents and brokers was the third largest segment in the market at 10.2% of the global wholesale market. Agents and brokers arrange the sale and purchase of electronic goods for a fee or commission. It includes agents for automobile auctions, petroleum brokers, and wholesalers selling electronic goods such as ACs, dishwashers, capacitors, and communication equipment.
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Although wholesale electronic markets and agents and brokers was the smallest segment, it is forecast to grow at a higher CAGR of 10%, than the durable goods merchant wholesalers segment which is forecast to grow at around 2%. This can be attributed to the growth in the global electronics specialty stores market, mainly driven by increased disposable income, changes in tastes and preferences, and investment in mobile and appliances technology.
The global wholesale market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
The global wholesale market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the report are AmerisourceBergen Corporation, C&S Wholesale Grocers, Inc., McKesson Corporation, Walgreens Boots Alliance, ARROW ELECTRONICS, INC., US Foods, Avnet, Inc., Performance Food Group Company, WPG Holdings, and Cardinal Health, Inc.
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