Durable Goods Wholesalers Market Insights, Industry Outlook, Growing Trends And Demands, Outlook 2033

The new report published by The Business Research Company, titled ""Durable Goods Wholesalers Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the durable goods wholesalers market size has grown strongly in recent years. It will grow from $24370.91 billion in 2023 to $26390.64 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The durable goods wholesalers market size is expected to see strong growth in the next few years. It will grow to $35276.42 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%.

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E-Commerce Revolutionizes The Durable Goods Wholesaler'S Market, Driving Growth And Competitiveness
The increasing demand for e-commerce is expected to propel the growth of the durable goods wholesaler's market going forward. E-commerce refers to the buying and selling of goods and services over the internet and other electronic channels. E-commerce enables Durable Goods Wholesalers to streamline operations, reduce costs, and tap into a wider customer base, contributing to their growth and competitiveness in the market. For instance, in August 2023, according to the United States Census Bureau, a US-based government agency, compared to the second quarter of 2022, the estimate for e-commerce in the second quarter of 2023 climbed by 7.5% (or 1.4%), while overall retail sales rose by 0.6% (or 0.4%). 15.4% of all sales in the second quarter of 2023 were made through online stores Therefore, the increasing demand for e-commerce is driving the growth of the durable goods wholesaler's market.

Innovative Wholesale Platforms Revolutionize Durable Goods Wholesaler Market
Major companies operating in the durable goods wholesaler's market are innovating new technological platforms such as wholesale platform to increase their profitability in the market. A wholesale platform is an online market where companies may purchase and promote things in large quantities. For instance, in April 2022, CoutLoot, an India-based market place launched wholesale platform to directly link manufacturers and retailers. The wholesale platform offers approximately 5,000 SKUs from 240 small and medium companies in India, giving retailers a wide range of options. The platform's goal is to assist small and medium-sized businesses (SMBs) in locating high-demand goods and link distributors with producers. The wholesale platform is user-friendly and reasonably priced, and it enables SMBs to purchase goods in large numbers at discount rates.

The durable goods wholesalers market covered in this report is segmented -

1) 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
2) By Ownership: Wholesale/Distribution Chain, Independent Wholesalers
3) By Price Range: Premium, Mid-Range, Economy

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Major companies operating in the durable goods wholesalers market report are Walmart Inc., McKesson Corporation, Xiamen C&D Inc., Lowe's Companies Inc., Wuchan Zhongda Group, Sysco Corp., Arrow Electronics, Tech Data Corporation, Medipal Holdings Corporation, United Natural Foods Inc., Ferguson plc, WPG Holdings, Avnet lnc., Genuine Parts Company, WESCO International Inc., Brenntag AG, W.W. Grainger Inc., LKQ Corporation, Graybar Electric Company Inc., Anixter International Inc., Beacon Roofing Supply Inc., Airgas Inc., Fastenal Company, HD Supply Holdings Inc., Applied Industrial Technologies Inc., MSC Industrial Direct Co.Inc., NOW Inc., DXP Enterprises Inc., Huttig Building Products Inc., Brueder Mannesmann AG, TTI lnc., Sonepar S.A., Wolseley plc, Würth Group, S.P. Richards Company, Interline Brands Inc.

Contents of the report:
1. Executive Summary
2. Durable Goods Wholesalers Market Report Structure
3. Durable Goods Wholesalers Market Trends And Strategies
4. Durable Goods Wholesalers Market - Macro Economic Scenario
5. Durable Goods Wholesalers Market Size And Growth
…..
27. Durable Goods Wholesalers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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