Overview and Scope
Durable goods Durable goods wholesalers are sellers that are engaged in selling capital or durable goods to other businesses on a wholesale basis. Durable goods are new or used items with a normal life expectancy of three years or more.
Sizing and Forecast
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 growth in the historic period can be attributed to economic growth, manufacturing output, globalization of supply chains, inventory management systems, demand from retailers.
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%. The growth in the forecast period can be attributed to e-commerce growth, supply chain resilience, sustainable practices, global trade dynamics, durable goods innovation, data security measures. Major trends in the forecast period include digital supply chain technologies, customized and value-added services, collaboration with manufacturers for innovation, data analytics for inventory management, technological investments.
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Segmentation & Regional Insights
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
Top 5 Major Players:
- Walmart Inc.,
- McKesson Corporation,
- Xiamen C&D Inc.,
- Lowe’s Companies Inc.,
- Wuchan Zhongda Group
Asia-Pacific was the largest region in the durable goods wholesalers market in 2023. Western Europe was the second-largest region in the durable goods wholesalers market. The regions covered in the durable goods wholesalers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
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.
Key Industry Players
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.
The durable goods wholesalers market report table of contents includes:
1. Executive Summary
2. Durable Goods Wholesalers Market Characteristics
3. Durable Goods Wholesalers Product/Service Analysis -Product/Service Examples
4. Durable Goods Wholesalers Market Trends And Strategies
5. Durable Goods Wholesalers Market – Macro Economic Scenario
…
68. Global Durable Goods Wholesalers Market Competitive Benchmarking
69. Global Durable Goods Wholesalers Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Durable Goods Wholesalers Market
71. Durable Goods Wholesalers Market Future Outlook and Potential Analysis
72. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Durable Goods Wholesalers Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Durable Goods Wholesalers Market, Segmentation By Ownership, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Durable Goods Wholesalers Market, Segmentation By Price Range, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 144: Walmart Inc. Financial Performance
Table 145: McKesson Corporation Financial Performance
Table 146: Xiamen C&D Inc. Financial Performance
Table 147: Lowe’s Companies Inc. Financial Performance
Table 148: Wuchan Zhongda Group Financial Performance
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