What are the Historical Developments and Current Growth Metrics of the Non Durable Goods Wholesalers Market?
The non durable goods wholesalers market has seen considerable growth due to a variety of factors.
• There has been robust growth in the market size of non-durable goods wholesalers in the recent past. The market, which was valued at $24658.37 billion in 2024, is projected to escalate to $26244.71 billion in 2025, adoring a compound annual growth rate (CAGR) of 6.4%.
The increment in the historic phase can be traced back to factors such as the state of the economy, consumer expenditure, the demand in the retail industry, and seasonal changes.
What is the Forecasted Market Size and CAGR for the Non Durable Goods Wholesalers Market?
The non durable goods wholesalers market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for wholesalers of non-durable goods is projected to witness robust expansion in the upcoming years, escalating to $32091.41 billion in 2029 with a compound annual growth rate (CAGR) of 5.2%.
The estimated growth within the forecast timeframe is primarily due to factors such as e-commerce and online sales, sustainability and eco-friendliness, as well as health and wellness products, coupled with flexible and proficient distribution. Key trends expected during this period encompass the integration of technology, collaborations and partnerships, the emergence of private labels and brands, as well as a focus on sustainability and eco-friendliness.
What Key Factors and Trends Are Driving The Growth Non Durable Goods Wholesalers Market?
The spike in e-commerce demand is projected to spur the expansion of the non-durable goods wholesaler market. E-commerce involves the online trade of goods and services via the internet and other digital platforms. This enables wholesalers to extend their market reach beyond their geographical boundaries and tap into regional, national, and even global customer bases. For example, data from the United States Census Bureau revealed a 7.5% (or 1.4%) surge in e-commerce estimates for the second quarter of 2023, as compared to the second quarter of 2022. Meanwhile, general retail sales saw a slight increase of 0.6% (or 0.4%). Online stores registered 15.4% of all sales in the second quarter of 2023. Consequently, the escalating demand for e-commerce is fueling the growth of the non-durable goods wholesaler market.
What Are The Market Segments In 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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How Are Emerging Trends Reshaping The Dynamics Of The Non Durable Goods Wholesalers Market?
There exists a rising trend among wholesalers to utilize predictive analytics in their operations. In the digitally driven economy of today, such a tool proves indispensable for wholesalers. By combining potent in-memory technology with predictive analytics and ERP data, information interpretation is effectively revolutionized. Predictive analytics draw on historical data to forecast future possibilities. Moreover, some applications also offer predictive analytics to estimate customer profitability, augment marketing strategies, and depict business models for varying circumstances. An example of a popular predictive analytic tool employed for wholesale distribution and materials management, including the whitepaper industry, is SAP HANA combined with BW.
Who Are the Key Players In 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 Regional Insights Into 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.
