Press release
Prominent Non Durable Goods Wholesalers Market Trend for 2025: Transforming Wholesale Business With Predictive Analytics And Advanced Technology
What Are the Projected Growth and Market Size Trends for the Non Durable Goods Wholesalers Market?The market size for wholesalers of non-durable goods has been robustly expanding over the previous years. The estimated rise from $24658.37 billion in 2024 to $26244.71 billion in 2025, at a Compound Annual Growth Rate (CAGR) of 6.4%, is anticipated. The historical growth trend is linked to various factors such as economic circumstances, consumer expenditure, demand within the retail industry, and seasonal fluctuations.
In the coming years, the market size for non-durable goods wholesalers is anticipated to experience robust growth. The market is projected to expand to a value of $32091.41 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.2%. Factors such as e-commerce and online sales, sustainability and eco-consciousness, as well as health and wellness products, and adaptable and productive distribution contribute to the expected growth during this forecast period. Key trends predicted for this period include the adoption of technology, collaboration and partnerships, private label and branding, and sustainable and eco-friendly practices.
What Is Driving the Growth Trajectory of the Non Durable Goods Wholesalers Market?
The rise in e-commerce is predicted to drive the expansion of the non-durable goods wholesaler's market in the future. E-commerce, the online buying and selling of goods and services, enables wholesalers to broaden their market beyond their physical presence. They have the potential to engage customers on a regional, national, and even international scale, thereby expanding their potential customer pool. For example, data from the United States Census Bureau, a US government agency, revealed that in August 2023, compared to the second quarter of 2022, e-commerce witnessed a 7.5% or 1.4% increase in the second quarter of 2023, whereas the overall retail sales saw a rise of 0.6% or 0.4%. Online stores accounted for 15.4% of all sales during the second quarter of 2023. Consequently, the burgeoning demand for e-commerce is spurring the expansion of the non-durable goods wholesaler's market.
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Which Leading Companies Are Shaping the Growth of the Non Durable Goods Wholesalers Market?
Major companies operating in the non-durable goods wholesalers market include AmerisourceBergen Corp, Cardinal Health Inc., Walmart Inc., Sinopharm Group Co Ltd., Berkshire Hathaway Inc., METRO AG, Medipal Holdings Corporation, Itochu Corp, Sysco Corp, US Foods Holding Corp, C&S Wholesale Grocers Inc., Heineken NV, Walgreens Boots Alliance Inc., Performance Food Group Company, Univar Solutions Inc., Brenntag AG, WPG Holdings Ltd., Avantor Inc., Veritiv Corporation, Bunzl Distribution USA Inc., Imperial Dade, H T Hackney Co., GPC Asia Pacific Ltd., Core-Mark Holding Company Inc., United Natural Foods Inc., Groupe Guillin SA, Herbalife Nutrition Ltd., Central Garden & Pet Company, Pyxus International Inc., The Chefs' Warehouse Inc.
What Are the Major Trends Shaping the Non Durable Goods Wholesalers Market?
There is a rising trend among wholesalers to incorporate predictive analytics into their operations. This critical tool is crucial in the current digital economy landscape. A potent combination of in-memory technology, predictive analytics, and ERP data significantly revolutionizes the interpretation of information. Predictive analytics deploys past data to forecast future consequences. In addition, certain applications even offer predictive analytics to estimate customer profit potential, enhance marketing strategies, and propose model businesses for miscellaneous situations. For example, SAP HANA, when used in conjunction with BW, serves as a predictive analytics tool largely employed for wholesale distribution and materials management, including the whitepaper industry.
What Are the Key Segments of the Non Durable Goods Wholesalers Market?
The non durable goods wholesalers market covered in this report is segmented -
1) 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
2) By Ownership: Wholesale/Distribution Chain, Independent Wholesalers
3) By Price Range: Premium, Mid-Range, Economy
Subsegments:
1) By Paper And Paper Product Wholesalers: Paper Wholesalers, Paperboard Wholesalers, Stationery And Office Supplies Wholesalers
2) By Drugs And Druggists Sundries Wholesalers: Pharmaceutical Wholesalers, Over-the-Counter (OTC) Products Wholesalers, Personal Care Products Wholesalers
3) By Apparel, Piece Goods, And Notions Wholesalers: Apparel Wholesalers, Fabric And Piece Goods Wholesalers, Notions And Sewing Supplies Wholesalers
4) By Grocery And Related Product Wholesalers: General Line Grocery Wholesalers, Fresh Fruit And Vegetable Wholesalers, Dairy Product Wholesalers, Meat And Meat Product Wholesalers, Farm Product Raw Material Wholesalers
5) By Grains And Oilseeds Wholesalers: Livestock And Animal Products Wholesalers, Agricultural Chemicals Wholesalers
6) By Chemical And Allied Products Wholesalers: Industrial Chemical Wholesalers, Petrochemical Wholesalers, Fertilizer Wholesalers, Paint And Coatings Wholesalers
7) By Petroleum And Petroleum Products Wholesalers: Crude Petroleum Wholesalers, Gasoline Wholesalers, Diesel Fuel Wholesalers, Lubricating Oil Wholesalers
8) By Beer, Wine, And Distilled Alcoholic Beverage Wholesalers: Beer Wholesalers, Wine Wholesalers, Spirits And Liquor Wholesalers
9) By Miscellaneous Nondurable Goods Wholesalers: Tobacco Product Wholesalers, Textiles And Fabrics Wholesalers, Non-alcoholic Beverage Wholesalers, Health And Beauty Products Wholesalers
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Which Region Dominates the Non Durable Goods Wholesalers Market?
Asia-Pacific was the largest region in the non-durable goods wholesalers market in 2023. North America was the second-largest region in the non-durable goods wholesalers market. The regions covered in the non-durable goods wholesaler's market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Is Covered In The Non Durable Goods Wholesalers Global Market Report?
- Market Size Analysis: Analyze the Non Durable Goods Wholesalers Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Non 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 Non 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 Non Durable Goods Wholesalers Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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