Global Durable Goods Merchant Wholesalers Market Outlook, Opportunities And Strategies – Includes Durable Goods Merchant Wholesalers Market Demand
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The global durable goods merchant wholesalers market is expected to grow from $29.45 trillion in 2021 to $31.85 trillion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The global durable goods merchant wholesalers market size is expected to grow to $37.95 trillion in 2026 at a compound annual growth rate (CAGR) of 4.5%.
The growing demand for wholesale sector is expected to propel the growth of the durable goods merchant wholesalers market going forward.
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The durable goods merchant wholesalers market consists of sales of capital or durable goods by entities (organizations, sole traders, partnership) to other businesses by durable goods merchant wholesalers. They generally take title to the goods that they sell; in other words, they buy and sell goods on and 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.
Global Durable Goods Merchant Wholesalers Market Segments Include:
By Type: Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers, Furniture and Home Furnishing Merchant Wholesalers, Lumber and Other Construction Materials Merchant Wholesalers, Professional and Commercial Equipment and Supplies Merchant Wholesalers, Metal and Mineral (except Petroleum) Merchant Wholesalers, Household Appliances and Electrical and Electronic Goods Merchant Wholesalers, Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers, Machinery, Equipment, and Supplies Merchant Wholesaler, Miscellaneous Durable Goods Merchant Wholesalers
By Ownership: Wholesale/Distribution Chain, and 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 merchant 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 interacts with customers on all sales channels and gives customers multiple purchase options.
TBRC’s Durable Goods Merchant Wholesalers Market Report Covers:
Major Market Players: Avnet, McKesson, SYSCO, Brenntag, and Medical.
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 Merchant Wholesalers Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides durable goods merchant wholesalers market overviews, analyzes and forecasts market size, share, durable goods merchant wholesalers market players, durable goods merchant wholesalers market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s durable goods merchant wholesalers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Here Is A List Of Similar Reports From The Business Research Company:
Non-Durable Goods Merchant Wholesalers Market 2021
Wholesale Global Market Report 2022
Retail And Wholesale Global Market Report 2022
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