Global Non-Durable Goods Wholesalers Market Outlook, Opportunities And Strategies
Learn about the global non-durable goods wholesalers market through The Business Research Company, which provides information on non-durable goods wholesalers market size, non-durable goods wholesalers market drivers and restraints, non-durable goods wholesalers market players, the COVID-19 impact on the non-durable goods wholesalers market, and more.
The global non-durable goods wholesalers market size is expected to grow from $19,572.9 billion in 2021 to $21,348.4 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The global non-durable good wholesalers market size is expected to grow to $29,055.59 billion in 2026 at a CAGR of 8%.
With the rapid growth in retail data and the availability of technologies to analyse data, it will become easier for non-durable goods merchant wholesalers to identify and meet the needs and expectations of their customers, thus it is expected to drive the market going forward.
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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 fewer than three years.
Global Non-Durable Goods Wholesalers Market Segments Include:
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
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 non-durable goods wholesalers market in 2021.
Wholesalers are increasingly using predictive analytics in their businesses. It is a robust tool for a wholesaler in today’s era of the 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 past data to predict future outcomes. In addition, some of the applications also give predictive analytics to project customer profitability, improve marketing campaigns, and present model business for different scenarios.
TBRC’s non-durable goods wholesalers market report covers:
Major Market Players: AmerisourceBergen Corp, Cardinal Health Inc., Walmart Inc., Sinopharm, Berkshire Hathaway Inc., METRO AG, Medipal Holdings Corporation (formerly Mediceo Paltac Holdings Co Ltd), Itochu Corp, Sysco Corp, and US Foods Holding Corp.
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 Non-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 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, leading competitor revenues, profiles and market shares.
TBRC’s 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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