Press release
Durable Goods Wholesalers Market: Robust Growth, Key Players, and Future Trends
Projected to grow robustly at a CAGR of 8.2% in 2025, the durable goods wholesalers market is evolving under the influence of significant drivers and trends.What Is The Projected Market Size Of The Global Durable Goods Wholesalers Market And Its Growth Rate?
• The global durable goods wholesalers market has seen impressive growth recently, increasing from $26628.18 billion in 2024 to an anticipated $28816.87 billion in 2025 at a compound annual growth rate (CAGR) of 8.2%.
• This robust growth during the historic period has been influenced by factors such as economic growth, upturn in manufacturing output, globalization of supply chains, progressive inventory management systems, and heightened demand from retailers.
• Looking ahead, the market size is set to continue its strong growth trajectory, expanding to $37735.6 billion in 2029 at a CAGR of 7.0%.
• Growth in the forecast period will be fueled by e-commerce growth, resilience in supply chains, sustainable practices, global trade dynamics, durable goods innovation, and data security measures.
What Is Driving The Growth In The Durable Goods Wholesalers Market?
Increasing demand for e-commerce is driving the growth of the durable goods wholesaler's market. E-commerce, involving the buying and selling of goods and services over the internet and other electronic channels, allows Durable Goods Wholesalers to streamline operations, minimize costs, and reach a larger customer base. This contributes to their growth and competitiveness in the market. The United States Census Bureau has reported that e-commerce estimates for the second quarter of 2023 climbed by 7.5% compared to the second quarter of 2022, while overall retail sales rose by 0.6%. Remarkably, 15.4% of all sales in the second quarter of 2023 were made through online stores.
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Who Are the Key Players Driving Durable Goods Wholesalers Market Growth?
• Walmart Inc.
• Xiamen C&D Inc.
• Lowe's Companies Inc.
• Wuchan Zhongda Group
• Arrow Electronics
• Tech Data Corporation
• Ferguson plc
• WPG Holdings
• Avnet lnc.
• Genuine Parts Company
• WESCO International Inc.
• W.W. Grainger Inc.
• LKQ Corporation
• Graybar Electric Company Inc.
• Anixter International Inc.
• Beacon Roofing Supply 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.
What Are The Key Trends In The Durable Goods Wholesalers Market?
• Implementation of digital supply chain technologies
• Customized and value-added services
• Partnerships with manufacturers for innovation
• Data analytics for inventory management
• Technological investments
What Are The Segments Of The Global Durable Goods Wholesalers Market?
• 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, Others
• By Ownership: Wholesale Or Distribution Chain, Independent Wholesalers
• By Price Range: Premium, Mid-Range, Economy
Which Region Leads The Durable Goods Wholesalers Market?
Asia-Pacific emerged as the largest region in the durable goods wholesalers market in 2024. Western Europe followed as the second-largest region. The comprehensive coverage in the durable goods wholesalers market report extends to regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Durable Goods Wholesalers Market Global Market Report?
- Market Size Analysis: Analyze the Durable Goods Wholesalers Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Durable Goods Wholesalers Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Durable Goods Wholesalers Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Durable Goods Wholesalers Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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