Global Wholesale Market Size, Forecasts, And Opportunities
Learn about the global wholesale market through The Business Research Company, which provides information on wholesale market size, wholesale market drivers and restraints, wholesale market players, the COVID-19 impact on the wholesale market, and more.
The global wholesale market size is expected to grow from $42,119.22 billion in 2021 to $46,370.23 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The global wholesale market size is then expected to grow to $65,613.18 billion in 2026 at a CAGR of 9.1%.
Greater economic growth is likely to drive public and private investments, joint ventures, foreign direct investments in the end-user markets, thereby driving the market during the forecast period
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The wholesale market consists of sales of goods and related services to ultimate users by entities (organizations, sole traders, and partnerships) that sell wholesale merchandise including the outputs of the agriculture, mining, manufacturing, and certain information industries, such as publishing. The wholesale trade comprises purchasing, storing, and selling merchandise to retailers or other wholesalers and providing related services such as breaking bulk. This industry includes wholesale agents and brokers who arrange the purchase or sale of the goods owned by others, on a fee or commission basis. The wholesale industry also includes business-to-business electronic markets and platforms and agents that facilitate wholesale trade that does not own or handle the products they sell.
Global Wholesale Market Segments Include:
By Type: Non-Durable Goods Wholesalers, Wholesale Electronic Markets and Agents and Brokers, Durable Goods Wholesalers
By Ownership: Wholesale/Distribution Chain, Independent Wholesalers
By Price Range: Premium, Mid-Range, Economy
Subsegments Covered: 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, Business to Business Electronic Markets, Wholesale Trade Agents and Brokers, 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 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 wholesale market in 2021.
The use of analytics in the wholesale trade market is enhancing supply chain efficiencies by anticipating the future demand of the customer. Predictive analytics uses historic data to predict future events. Some of the applications where wholesale trade companies use predictive analytics are to project profitability, model business scenarios, and improve marketing campaigns.
TBRC’s wholesale market report covers:
Major Market Players: AmerisourceBergen Corp, Cardinal Health Inc., Walmart Inc., Sinopharm, Sysco Corp, Berkshire Hathaway Inc., Brueder Mannesmann AG, Lowe’s Companies Inc., Itochu Corp, and Tech Data.
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 Wholesale 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 wholesale market overviews, analyzes and forecasts market size, share, wholesale market players, wholesale market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s wholesale market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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