Global Durable Goods Wholesalers Market Overview And Prospects
Learn about the global durable goods wholesalers market through The Business Research Company, which provides information on durable goods wholesalers market size, durable goods wholesalers market drivers and restraints, durable goods wholesalers market players, the COVID-19 impact on the durable goods wholesalers market, and more.
The global durable goods wholesalers market size is expected to grow from $20,533.15 billion in 2021 to $22,844.28 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The global durable good wholesalers market size is expected to grow to $33,710.81 billion in 2026 at a CAGR of 10.2%.
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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 a wholesale basis. wholesalers generally take title to the goods that they sell, in other words, they buy and sell goods on their 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.
Global Durable Goods Wholesalers Market Segments Include
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
By Ownership: Wholesale/Distribution Chain, Independent Wholesalers
By Price Range: Premium, Mid-Range, Economy
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 was the largest region in the durable goods wholesalers market in 2021.
Technology implementation in the wholesale industry increases efficiency and streamlines operations. Digitization in the wholesale trade market enhances the customer experience by efficiently engaging with them through seamless connectivity. Digitization allows wholesale companies to automate their sales order process and create an omnichannel strategy that is interacting with customers on all sales channels and giving customers multiple purchase options.
TBRC’s durable goods wholesalers market report covers:
Major Market Players: Brueder Mannesmann AG, Tech Data, Walmart Inc., Wuchan Zhongda Group, Lowe’s Companies Inc., Ferguson plc, Sysco Corp, Xiamen C&D, Arrow Electronics, and WPG Holdings.
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 (2016-21) and ten years forecast (2022-2026-2031)
The Durable Goods Wholesalers Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 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, leading competitor revenues, profiles and market shares.
TBRC’s 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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