The Global Non-Durable Goods Wholesalers Market Report by The Business Research Company covers non-durable goods wholesalers market drivers and restraints, non-durable goods wholesalers market size, major players, and the impact of COVID-19 on the non-durable goods wholesalers market.
The non-durable goods wholesalers market consists of sales of non-durable goods and related services by entities (organizations, sole traders and partnerships) that sell non-durable wholesale products such as paper products, chemical products, drugs, textiles and textile products, apparel, footwear, groceries, farm products, petroleum and petroleum products, alcoholic beverages, books, magazines, newspapers, flowers and nursery stock, and tobacco products. Nondurable goods are items generally with a normal life expectancy of less than three years. The non-durable goods wholesalers market is segmented into 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 and miscellaneous nondurable goods wholesalers.
The non-durable goods merchant wholesalers are adopting a robust and cohesive strategy for data analytics in management. This technology is being deployed to enhance supply chain efficiency, streamline operations to engage customers and building loyalty, data has become critical for most retail operations.
The global non-durable goods wholesalers market is expected to grow from $17889.31 billion in 2020 to $18757.92 billion in 2021 at a compound annual growth rate (CAGR) of 4.9%. 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 $24220.51 billion in 2025 at a CAGR of 7%.
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Some non-durable goods wholesalers market trends include wholesalers increasingly using predictive analytics in their businesses. It is a robust tool for a wholesaler in today’s era of digital economy. A powerful in-memory technology integrated with predictive analytics and ERP data efficiently transforms the whole process of interpreting the information. Predictive analytics utilizes the past data to predict future outcome. In addition, some of the applications also give predictive analytics to project customer profitability, improve marketing campaigns and present model business for different scenarios.
Global non-durable goods wholesalers market segments include:
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.
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 accounts for the largest global non-durable goods wholesalers market share.
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The Non-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 non-durable goods wholesalers market overviews, analyzes and forecasts market size, share, non-durable goods wholesalers market players, non-durable goods wholesalers market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The non-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 Non-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: C&S Wholesale Grocers, Cardinal Health Inc, Heineken, Performance Food Group Company, Walgreens Boots Alliance.
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 Non-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 Non-Durable Goods Wholesalers Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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