Durable goods merchant wholesalers sell durable goods to other businesses. This industry comprises establishments involved in wholesaling durable products, such as furniture, motor vehicles, electrical and electronic goods, construction materials, sporting goods, etc. Merchant wholesalers take the title of goods they sell. Durable goods have a life expectancy of more than three years.
The global durable goods merchant wholesalers market was valued at $4037 billion in 2017. Western Europe was the largest geographic region accounting for $1005.2 billion or 24.9% of the global market. And the USA was the largest country accounting for $758.9 billion or 18.8% of the global durable goods merchant wholesalers market.
Technology implementation in the wholesale industry increases the efficiency and streamlines operations. Digitization in wholesale trade market enhances the customer experience by efficiently engaging with them through seamless connectivity. Digitization allows the wholesale companies to automate their sales order process and create an omni-channel strategy that is interacting with customers on all sales channels and giving customers with multiple purchase options. Wasco, a leading wholesaler of central heating and plumbing products is using a solution which manages and publishes product information across all channels with the aim of creating a unique omni-channel customer experience.
Companies Covered: Avnet, McKesson, SYSCO, Brenntag, Medipal
Market Segments Included: Motor Vehicle And Motor Vehicle Parts And Supplies Merchant Wholesalers; Furniture And Home Furnishing Merchant Wholesalers; Lumber And Other Construction Materials Merchant Wholesalers; Professional And Commercial Equipment And Supplies Merchant Wholesalers; Metal And Mineral (except Petroleum) Merchant Wholesalers; Household Appliances And Electrical And Electronic Goods Merchant Wholesalers; Hardware, And Plumbing And Heating Equipment And Supplies Merchant Wholesalers; Machinery, Equipment, And Supplies Merchant Wholesalers; Miscellaneous Durable Goods Merchant Wholesalers
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