The non-durable goods wholesalers market consists of sales of non-durable goods and related services by entities (organizations, sole traders and partnerships) that sell non-durable wholesale products such as paper products, chemical products, drugs, textiles and textile products, apparel, footwear, groceries, farm products, petroleum and petroleum products, alcoholic beverages, books, magazines, newspapers, flowers and nursery stock, and tobacco products. Nondurable goods are items generally with a normal life expectancy of less than three years. The non-durable goods wholesalers market is segmented into 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 and miscellaneous nondurable goods wholesalers.
The global non-durable goods wholesalers market is expected to grow from $17889.31 billion in 2020 to $18757.92 billion in 2021 at a compound annual growth rate (CAGR) of 4.9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $24220.51 billion in 2025 at a CAGR of 7%.
