The Wholesale Global Market Report 2023 by The Business Research Company, provides wholesale market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s Wholesale Global Market Report 2023, the market size will grow from $45,672.51 billion in 2022 to $48,883.25 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of wholesale is expected to grow to $61,529.93 billion in 2027 at a CAGR of 5.9%.
The wholesale market is expected to benefit from the steady economic growth forecast for many developed and developing countries.
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The wholesale market is segmented:
1) By Type: Non-Durable Goods Wholesalers, Wholesale Electronic Markets And Agents And Brokers, Durable Goods Wholesalers
2) By Ownership: Wholesale/Distribution Chain, Independent Wholesalers
3) By Price Range: Premium, Mid-Range, Economy
The use of analytics in the wholesale trade market is enhancing supply chain efficiencies by anticipating the future demand of the customer. Predictive analytics uses historic data to predict future events. Some of the applications where wholesale trade companies use predictive analytics are to project profitability, model business scenarios, and improve marketing campaigns. For instance, HD Smith, a pharmaceutical wholesale distributor, implemented analytics to streamline their operations, manage their inventory, and perform profitability analysis.
The wholesale market report table of contents includes:
1. Executive Summary
2. Report Structure
3. Wholesale Market Characteristics
4. Wholesale Market Product Analysis
5. Leading Products/ Services
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21. Wholesale Market Competitive Landscape
22. Key Mergers And Acquisitions In The Wholesale Market
23. Market Background: Retail And Wholesale Market
24. Recommendations
25. Appendix
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