The Global Durable Goods Wholesalers Market Report by The Business Research Company covers durable goods wholesalers market drivers and restraints, durable goods wholesalers market size, major players, and the impact of COVID-19 on the durable goods wholesalers market.

The durable goods wholesalers market consists of sales of capital or durable goods by entities (organizations, sole traders and partnerships) that are engaged in selling capital or durable goods to other businesses on wholesale basis. Wholesalers generally take title to the goods that they sell, in other words, they buy and sell goods on their own account. Durable goods are new or used items generally with a normal life expectancy of three years or more. Durable goods wholesale trade establishments are engaged in wholesaling products, such as motor vehicles, furniture, construction materials, machinery and equipment (including household-type appliances), metals and minerals (except petroleum), sporting goods, toys and hobby goods, recyclable materials, and parts.

The global durable goods wholesalers market is expected to grow from $24.75 trillion in 2020 to $28.07 trillion in 2021 at a compound annual growth rate (CAGR) of 13.4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $36.97 trillion in 2025 at a CAGR of 7%.

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Some durable goods wholesalers market trends include technology implementation in the wholesale industry. It helps increase the efficiency and streamlines operations. Digitization in wholesale trade market enhances the customer experience by efficiently engaging with them through seamless connectivity.

Global durable goods wholesalers market segments include:

1) By Type: Motor Vehicle And Motor Vehicle Parts And Supplies Wholesalers, Furniture And Home Furnishing Wholesalers, Lumber And Other Construction Materials Wholesalers, Professional And Commercial Equipment And Supplies Wholesalers, Metal And Mineral (Except Petroleum) Wholesalers, Household Appliances And Electrical And Electronic Goods Wholesalers, Hardware, And Plumbing And Heating Equipment And Supplies Wholesalers, Machinery, Equipment, And Supplies Wholesalers, Miscellaneous Durable Goods Wholesalers.

2) By Ownership: Wholesale/Distribution Chain, Independent Wholesalers.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East And Africa.

Among these regions, Asia Pacific is the largest region in the global durable goods wholesalers market, accounting for 56% of the market.

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The Durable Goods Wholesalers Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides durable goods wholesalers market overviews, analyzes and forecasts market size, share, durable goods wholesalers market players, durable goods wholesalers market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The durable goods wholesalers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Durable Goods Wholesalers Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Avnet, McKesson, SYSCO, Brenntag, Medipal.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Durable Goods Wholesalers Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Durable Goods Wholesalers Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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