Retailers are independent organizations in the distribution channel for consumer goods that buy goods from wholesalers or direct from producers, break bulk, store goods, display goods for sale either physically or online, sell to ultimate users and sometimes deliver. Wholesalers are independent organizations in the distribution channel for consumer goods that buy in bulk, store goods, break bulk and sell merchandise primarily to retailers, professional authorities or to other wholesalers rather than to consumers. The main types of retail and wholesale are retail and wholesale. Retail refers to the sale of items to the general public in relatively small amounts to be used or consumed rather than reselling them. The ownership forms include wholesale/distribution chains and independent wholesalers having premium, mid-range, and economy prices. The retail and wholesale market research report is one of a series of new reports from The Business Research Company that provides retail and wholesale market statistics, including retail and wholesale industry global market size, regional shares, competitors with a retail and wholesale market share, detailed retail and wholesale market segments, market trends and opportunities, and any further data you may need to thrive in the retail and wholesale industry. This retail and wholesale market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global retail and wholesale market grew from $71,851.27 billion in 2022 to $77,227.77 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. 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 retail and wholesale market is expected to grow to $99,195.76 billion in 2027 at a CAGR of 6.5%. Many retailers and wholesalers are adopting a robust and cohesive strategy for data analytics in management. This technology is being deployed to enhance supply chain efficiency, streamline operations to engage customers, and build loyalty. Data has become critical for most retail operations. With the rapid growth in retail data and the availability of technologies to analyze data, it will become easier for retailers to identify and meet the needs and expectations of their customers. This is expected to drive the market going forward. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the retail and wholesale markets in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of "lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the retail and wholesale markets will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. The retail and e-commerce markets are increasingly investing in drones to reduce delivery times and increase profitability. A drone is an unmanned aerial vehicle (UAV) that is remotely controlled or flies autonomously using software-controlled flight plans in its systems. Using a drone for delivery allows retailers to cut costs and help provide customers with their products earlier than traditional delivery methods. For example, Amazon has been investing in its Prime Air deliveries via drones, which claim to complete the delivery within 30 minutes. Amazon has started delivery trials via drones in the UK but is still waiting for regulatory approval in the US. Major companies in the retail and wholesale market include Walmart Inc., Sinopec Limited, Amazon.com Inc., PetroChina Company Limited, AmerisourceBergen Corp, CVS Health Corporation, Costco Wholesale Corp, McKesson Corporation, Walgreens Boots Alliance Inc., and The Kroger Co. Asia-Pacific was the largest region in the retail and wholesale market in 2022. North America was the second-largest region in the retail and wholesale market. The regions covered in the retail and wholesale market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the retail and wholesale market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The retail and wholesale markets consist of revenue earned by entities by retailing and wholesaling merchandise. Retailers sell merchandise to the general public for personal or household consumption, but some also serve business and institutional clients. Wholesalers sell merchandise to other businesses and normally operate from a warehouse or office. This includes merchant wholesalers that sell goods on their own account and agents and brokers that arrange sales and purchases for others generally for a commission or fee. Retailers and wholesalers take ownership of the goods and bear the risk of carrying inventory. They also reduce the total number of transactions required for the process of transferring goods from producers to consumers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global retail and wholesale market is segmented - 1) By Type: Retail, Wholesale 2) By Ownership: Retail Chain/Wholesale Chain, Independent Retailer/Independent Wholesalers 3) By Price Range: Premium, Mid-Range, Economy 4) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Department Stores, Specialty Stores, Online, Other Distribution Channels Subsegments Covered: Motor Vehicle And Parts Dealers, Food And Beverage Stores, Gasoline Stations, Miscellaneous Store Retailers, Cosmetics And Personal Care Stores, Clothing And Clothing Accessories Stores, Electronics And Appliance Stores, Furniture And Home Furnishings Stores, Supermarkets And Hypermarkets, Convenience, Mom And Pop Stores, Department Stores And Other General Merchandise Stores, Ecommerce And Other Non-Store Retailers, Building Material and Garden Equipment and Supplies Dealers, Pharmacies and Healthcare Stores, Sporting Goods, Hobby, Musical Instrument, and Book Stores,, Non-Durable Goods Wholesalers, Wholesale Electronic Markets And Agents And Brokers, Durable Goods Wholesalers

Retail refers to selling goods in small quantities to the end users. Retailing involves buying from wholesalers or direct from producers, breaking bulk, displaying goods for sale either physically or online, and sometimes delivery. The major types of retail are motor vehicle and parts dealers; food and beverage stores; gasoline stations; miscellaneous store retailers; cosmetics and personal care stores; clothing and clothing accessories stores; electronics and appliance stores; furniture and home furnishings stores; supermarkets; and hypermarkets; convenience; mom and pop stores; department stores and other general merchandise stores; e-commerce and other non-store retailers; building materials and garden equipment and supplies dealers; pharmacies; healthcare stores; and sporting goods, hobby, musical instrument, and book stores. A bookstore is a location of business where the principal commodity for sale is books. The ownership forms include wholesale and distribution chains and independent wholesalers that are distributed through supermarkets and hypermarkets, convenience stores, department stores, specialty stores, online and other distribution channels. The retail market research report is one of a series of new reports from The Business Research Company that provides retail market statistics, including retail industry global market size, regional shares, competitors with a retail market share, detailed retail market segments, market trends and opportunities, and any further data you may need to thrive in the retail industry. This retail market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global retail market grew from $26,178.76 billion in 2022 to $28,344.51 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. 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 retail market is expected to grow to $37,665.83 billion in 2027 at a CAGR of 7.4%.. Many retailers are adopting a robust and cohesive strategy for data analytics in management. This technology is being deployed to enhance supply chain efficiency, streamline operations to engage customers, and build loyalty. Data has become critical for most retail operations. With the rapid growth in retail data and the availability of technologies to analyze data, it will become easier for retailers to identify and meet the needs and expectations of their customers. This is expected to drive the market going forward. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the retail market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms, including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province, of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity, with countries entering a state of "lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the retail market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. The retail and e-commerce markets are increasingly investing in drones to reduce delivery times and increase profitability. A drone is an unmanned aerial vehicle (UAV) that is remotely controlled or flies autonomously using software-controlled flight plans in its systems. Using a drone for delivery allows retailers to cut costs and help provide customers with their products earlier than traditional delivery methods. For example, Amazon has been investing in its Prime Air deliveries via drones, which claim to complete the delivery within 30 minutes. Amazon has started delivery trials via drones in the UK but is still waiting for regulatory approval in the US. Major companies in the market include Walmart Inc., Sinopec Limited, Amazon.com Inc., PetroChina Company Limited, CVS Health Corporation, Costco Wholesale Corp, The Kroger Co, McKesson Corporation, Walgreens Boots Alliance Inc., and JD.com Inc. Asia-Pacific was the largest region in the retail market in 2022. North America was the second-largest region in the retail market. The regions covered in the retail market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the retail market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The retail market includes revenues earned by entities by providing retail services through supermarkets, convenience stores, specialty stores, department stores, and warehouses. The market value includes the value of related goods sold by the service provider or included within the service offering. The retail market also includes sales of food, hard or durable goods, soft goods and art goods. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global retail market is segmented - 1) By Type: Motor Vehicle And Parts Dealers, Food And Beverage Stores, Gasoline Stations, Miscellaneous Store Retailers, Cosmetics And Personal Care Stores, Clothing And Clothing Accessories Stores, Electronics And Appliance Stores, Furniture And Home Furnishings Stores, Supermarkets And Hypermarkets, Convenience, Mom And Pop Stores, Department Stores And Other General Merchandise Stores, Ecommerce And Other Non-Store Retailers, Building Material and Garden Equipment and Supplies Dealers, Pharmacies and Healthcare Stores, Sporting Goods, Hobby, Musical Instrument, and Book Stores 2) By Ownership: Retail Chain, Independent Retailer 3) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Department Stores, Specialty Stores, Online, Other Distribution Channels Subsegments Covered: Auto Parts And Accessories, Automobile Dealers, Other Motor Vehicle Dealers, Specialty Food Stores, Beer, Wine And Liquor Stores, Diesel - Retail, Gases, Gasoline - Retail, Other Gasoline Stations Hair Care Stores, Skin Care Stores, Cosmetics Stores, Clothing/Apparel Stores, Jewelry And Watch Stores, Optical Goods Stores, Footwear Stores, Hardware Suppliers And Security Stores, Consumer Electronics Stores, Furniture Stores, Home Furnishings Stores, Supermarkets, Hypermarkets, Convenience Stores, Mom And Pop Stores, Department Stores, Other General Merchandise Stores, E-Commerce, Vending Machine Operators, Direct Selling Establishments, Building Material and Supplies Dealers, Lawn and Garden Equipment and Supplies Stores, Pharmacies and Drug Stores, Other Health and Personal Care Stores, Sporting Goods Stores, Hobby, Toy, and Game Stores, Musical Instrument and Supplies Stores, Other Sporting Goods, Hobby, Musical Instrument, and Book Stores

The wholesale and distribution automotive aftermarket refer to the secondary market for the automotive that focuses on the wholesale and distribution of automobiles, their parts and related services after the original equipment manufacturer has sold the automobile to the consumer, whether or not those parts were made by the OEM. The main replacement parts in the wholesale and distribution automotive aftermarket market include tires, batteries, brake parts, filters, body parts, lighting and electronic components, wheels, exhaust components, and other replacement parts. The tire refers to the wholesale and distribution of automotive tires in the aftermarket. The tire is a robust, flexible rubber casing affixed to a wheel rim. A moving vehicle's wheels benefit from the cushioning and traction that tires offer. Tires can be found on cars, trucks, buses, bicycles, motorbikes, and other automobiles. The different types of products offered in wholesale and distribution automotive aftermarket include genuine parts, certified parts, and uncertified parts. They are distributed through retailers, wholesalers, and distributors channels. The wholesale and distribution automotive aftermarket market research report is one of a series of new reports from The Business Research Company that provides wholesale and distribution automotive aftermarket market statistics, including wholesale and distribution automotive aftermarket industry global market size, regional shares, competitors with a wholesale and distribution automotive aftermarket market share, detailed wholesale and distribution automotive aftermarket market segments, market trends and opportunities, and any further data you may need to thrive in the wholesale and distribution automotive aftermarket industry. This wholesale and distribution automotive aftermarket market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global wholesale and distribution automotive aftermarket market size grew from $212.33 billion in 2022 to $225.27 billion in 2023 at a compound annual growth rate (CAGR) of 6.1%. 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 wholesale and distribution automotive aftermarket market size is expected to grow to $274.59 billion in 2027 at a CAGR of 5.1%. The growing automotive industry is driving the wholesale and distribution automotive aftermarket. The automotive industry comprises a diverse group of businesses and institutions engaged in the design, development, production, marketing, and sale of automobiles. Consumers' changing interest and preference motivates automobile manufacturers to manufacture various styles and lines of automobiles. Technological advancement and the rise in economic conditions also lead to growth in the automotive industry. Automotive aftermarket aids the automobile industry by providing the spare parts needed by the customers when they buy a new or existing automobile. For instance, in 2021, according to a report published by the International Energy Agency (IEA), a Paris-based autonomous intergovernmental organization, the worldwide electric car stock reached the 10 million mark in 2020, showing a 43% increase over 2019, following a decade of strong development. Furthermore, in 2021, according to the Society of Indian Automobile Manufacturers (SIAM), a not-for-profit apex national body representing all primary vehicle and vehicular engines, the automotive industry produced a total of approximately 23 million vehicles from April 2021 to March 2022, including passenger cars, commercial trucks, three-wheelers, two-wheelers, and quadricycles, compared to approximately 22.6 million units from April 2020 to March 2021. Therefore, the growing automotive industry is expected to propel the growth of the wholesale and distribution automotive aftermarket. The increasing digitalization of automotive repair & maintenance services is a key trend in the wholesale and distribution of automotive aftermarket. Automotive aftermarket product and service producers now provide online platforms for information, guidance, and instruction on proper installation and troubleshooting, as well as digital tools for a product selection like electronic catalogs, video libraries for tutorials and product showcases and video libraries for tutorials. For instance, in September 2021, MAHLE Aftermarket Inc., a Germany-based automotive aftermarket company, introduced an eCatalog to help customers make product choices. This catalog uses digital technology that helps aftermarket users, distributors, and technicians look up and request items from anywhere globally. The site contains a search engine to find the optimum solution based on vehicle application and is divided up by specialty area for quick access to the newest parts. Catalog users can also search for products by passenger car, commercial vehicle, light commercial vehicle (LCV), and power sports manufacturer, model, and kind of vehicle. In February 2021, Goodyear Tire & Rubber Company, a US-based manufacturing company that develops, manufactures, distributes, and sells tires, acquired Cooper Tire & Rubber Company. Through this acquisition, Goodyear will better serve more customers globally and has more scale to support more significant investments in new fleet and mobility solutions. With the union of these two top tire businesses, the global tire industry will gain a more decisive U.S.-based leader with complementary product portfolios, services, and capabilities. Cooper Tire & Rubber Company is a US-based manufacturing company that designs, markets, and distributes replacement automobile and truck tires. Major players in the wholesale and distribution automotive aftermarket market are 3M Company, Continental AG, Denso Corporation, Robert Bosch GmbH, Magneti Marelli S.p.A., Delphi Automotive PLC, Federal-Mogul Corporation, The Goodyear Tire & Rubber Company, ZF Friedrichshafen AG, and DRiV Incorporated. North America was the largest region in the wholesale and distribution automotive aftermarket market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wholesale and distribution automotive aftermarket market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the wholesale and distribution automotive aftermarket market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The wholesale and distribution automotive aftermarket include revenues earned by entities by automotive parts and accessories. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global wholesale and distribution automotive aftermarket market is segmented - 1) By Replacement Part: Tire, Battery, Brake parts, Filters, Body Parts, Lighting and Electronic Components, Wheels, Exhaust Components, Other Replacement Parts 2) By Certification: Genuine Parts, Certified Parts, Uncertified Parts 3) By Distribution Channel: Retailers, Wholesalers, Distributors

The retail sourcing and procurement refer to services that are used by organizations to evaluate and engage suppliers in the acquisition of products and services. Retail procurement involves identifying and purchasing the products which retailers want to sell. Retail sourcing and procurement include different types of technologies that help in activities like insourcing, outsourcing, and global and strategic sourcing. Retail sourcing and procurement make things easier for supplier and contract management. The main types of solutions in retail sourcing and procurement are strategic sourcing, supplier management, contract management, procure-to-pay, and spend analysis. Strategic sourcing involves all upstream procurement activities, from spend analysis and supplier/category management through sourcing initiatives and contract management, covered by this complicated set of business procedures with a smooth, simple, and collaborative strategic sourcing solution, procurement that generate greater company value and maximize all expenditure control and supplier risk. The different services include implementation, consulting, training, support, and employment in several sectors such as small and medium enterprise (SME), and large enterprise. The retail sourcing and procurement market research report is one of a series of new reports from The Business Research Company that provides retail sourcing and procurement market statistics, including retail sourcing and procurement industry global market size, regional shares, competitors with a retail sourcing and procurement market share, detailed retail sourcing and procurement market segments, market trends and opportunities, and any further data you may need to thrive in the retail sourcing and procurement industry. This retail sourcing and procurement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global retail sourcing and procurement market size grew from $4.37 billion in 2022 to $5.03 billion in 2023 at a compound annual growth rate (CAGR) of 15.0%. 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 retail sourcing and procurement market size is expected to grow to $8.21 billion in 2027 at a CAGR of 13.0%. The increasing digitalization is expected to propel the growth of the retail sourcing and procurement market going forward. Digitalization is referred to as creating a digital representation of physical attributes. Digitalization in retail sourcing and procurement helps the market by providing digital solutions. For instance, according to NASSCOM’s (National Association of Software & Services Companies) strategic review, in 2021, India's technology sector was expected to reach USD 194 billion estimating a 2.3% year-over-year increase on the back of rapid digital transformation and adoption in the country. Furthermore, the country’s low mobile data rates allowed a vast population to access the Internet. In September 2020, as per the Telecom Regulatory Authority of India, the total internet subscribers stood at 776.45 million, up from 687.62 million subscribers in September 2019. Therefore, the increasing digitization is driving the growth of the retail sourcing and procurement market. Strategic collaborations have emerged as a key trend gaining popularity in the retail sourcing and procurement market. Companies operating in retail sourcing and procurement solutions and services are undergoing partnerships to sustain their position in the market. For instance, in April 2021, IBM, a US-based company operating in retail sourcing and procurement collaborated with Celonis. This collaboration agreement enables colonies to offer their process mining software. This procurement software analyzes how workflows through an organization and recommends more efficient ways to complete the repeated tasks. Celonis is a Germany-based company that specializes in retail sourcing and procurement. In May 2020, IBM, a US-based company that provides a cloud platform and retail sourcing and procurement software, acquired Emptoris Inc for an undisclosed amount. This acquisition enables IBM to build more software in smarter commerce, a collection of cutting-edge, adaptive, and integrated solutions which is a critical part of supply chain management. Emptoris Inc is a US-based company that provides cloud and on-premises analytics software solution that helps procurement and supply chain operations gain greater intelligence. Major players in the retail sourcing and procurement market are SAP SE, Oracle, IBM Corporation, Epicor, Proactis Holdings PLC., Zycus Inc., Blue Yonder Group Inc., Basware, Koch Industries Inc., Ivalua Inc., and GT Nexus. North America was the largest region in the retail sourcing and procurement market in 2022. The regions covered in the retail sourcing and procurement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the retail sourcing and procurement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The retail sourcing and procurement market includes revenues earned by entities by insourcing, outsourcing, global and strategic sourcing, direct procurement, indirect procurement, goods procurement, and services procurement. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global retail sourcing and procurement market is segmented - 1) By Solution: Strategic Sourcing, Supplier Management, Contract Management, Procure-to-Pay, Spend Analysis 2) By Service: Implementation, Consulting, Training and Support 3) By Deployment: On-Premise, Hybrid, Cloud 4) By End-User: Small and Medium Enterprise (SME), Large Enterprise

Wholesale refers to sale of goods in large quantities to distributers who further sell it to the end-users or other distributers. Wholesale trade comprises purchasing, storing, and selling merchandise to retailers or other wholesalers and providing related services such as breaking bulk. The major types of wholesalers are non-durable goods merchant wholesalers, wholesale electronic markets and agents and brokers, and durable goods merchant wholesalers. The non-durable wholesalers sell products that need to be purchased often, like food items, petrol, and so on. The ownership forms include wholesale/distribution chains and independent wholesalers having premium, mid-range, and economy prices. The wholesale market research report is one of a series of new reports from The Business Research Company that provides wholesale market statistics, including wholesale industry global market size, regional shares, competitors with a wholesale market share, detailed wholesale market segments, market trends and opportunities, and any further data you may need to thrive in the wholesale industry. This wholesale market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global wholesale market grew 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 wholesale market 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. According to International Monetary Fund (IMF), the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, and foreign direct investments in the end-user markets, thereby driving the market during the forecast period. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the wholesale market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of "lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the wholesale market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global 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. Major companies in the wholesale market include AmerisourceBergen Corp, Cardinal Health Inc., Walmart Inc., Sinopharm, Sysco Corp, Berkshire Hathaway Inc., Brueder Mannesmann AG, Lowe's Companies Inc., Itochu Corp, and Tech Data. Asia-Pacific was the largest region in the wholesale market in 2022. North America was the second-largest region in the wholesale market. The regions covered in the wholesale report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the wholesale market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The wholesale market includes revenues earned by entities by providing wholesale services by merchant wholesalers, specialty wholesalers, and general wholesalers. The market value includes the value of related goods sold by the service provider or included within the service offering. The wholesale market also includes sales of food, hard or durable goods, soft goods and art goods. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global 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 Subsegments Covered: 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, Business to Business Electronic Markets, Wholesale Trade Agents and Brokers, 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

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. The major types of durable goods wholesalers are 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; and miscellaneous durable goods wholesalers. A wholesaler in the furniture and furnishing industry provides products to retailers. Wholesale furniture companies operate on a business-to-business (B2B) basis, which means they sell to other businesses rather than to consumers. The ownership forms include wholesale/distribution chains and independent wholesalers having premium, mid-range, and economy prices. The durable goods wholesalers market research report is one of a series of new reports from The Business Research Company that provides durable goods wholesalers market statistics, including durable goods wholesalers industry global market size, regional shares, competitors with a durable goods wholesalers market share, detailed durable goods wholesalers market segments, market trends and opportunities, and any further data you may need to thrive in the durable goods wholesalers industry. This durable goods wholesalers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global non-durable goods wholesalers market grew from $21,080.12 billion in 2022 to $22,302.19 billion in 2023 at a compound annual growth rate (CAGR) of 5.8%. 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 non-durable goods wholesalers market is expected to grow to $26,764.38 billion in 2027 at a CAGR of 4.7%. Technology implementation in the wholesale industry increases efficiency and streamlines operations. Digitization in the wholesale trade market enhances the customer experience by efficiently engaging with them through seamless connectivity. Digitization allows wholesale companies to automate their sales order process and create an omnichannel strategy that is interacting with customers on all sales channels and giving customers multiple purchase options. Wasco, a leading wholesaler of central heating and plumbing products is using a solution that manages and publishes product information across all channels intending to create a unique omnichannel customer experience. Major companies in the durable goods wholesalers market include Brueder Mannesmann AG, Tech Data, Walmart Inc., Wuchan Zhongda Group, Lowe's Companies Inc., Ferguson plc, Sysco Corp, Xiamen C&D, Arrow Electronics, and WPG Holdings Asia-Pacific was the largest region in the durable goods wholesalers market in 2022. Western Europe was the second-largest region in the durable goods wholesalers market. The regions covered in the durable goods wholesalers market market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the durable goods wholesalers market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The durable goods wholesaler market includes revenues earned by entities by washers, dryers, refrigerators, air conditioners, tools, computers, televisions, jewelry, cars and trucks, and home and office furnishings. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global durable goods wholesalers market 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

E-commerce and other non-store retailers are stores that are engaged in selling non-food items via e-commerce. The establishments in this market retail goods by delivery after making sales over the internet and by mail-order or door-to-door solicitation and in-home demonstration, from vending machines and through portable stalls. The various types of e-commerce and other non-store retailers include e-commerce, vending machine operators, and direct selling establishments. Vending machine operators fill, maintain, and collect money from machines that distribute drinks and snacks. The product types sold in e-commerce and other non-store retail markets are food, clothing, healthcare, electronics, and others through payments made through card payments, bank transfers, digital wallets, cash payments, and other payment modes. The Business Research Company's e-commerce and other non-store retailers market research report is one of a series of new reports that provide e-commerce and other non-store retailers market statistics, such as e-commerce and other non-store retailers industry global market size, regional shares, competitors with an e-commerce and other non-store retailers market share, detailed e-commerce and other non-store retailers market segments, market trends, and opportunities. This e-commerce and other non-store retailers' market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global ecommerce & other non-store retailers market grew from $3,564.2 billion in 2022 to $3,989.37 billion in 2023 at a compound annual growth rate (CAGR) of 11.9%. 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 ecommerce & other non-store retailers market is expected to grow to $6,091.24 billion in 2027 at a CAGR of 11.2%. Retail companies are increasingly working towards providing customers with a seamless shopping experience and are thus working towards integrating their brick and mortar stores with online shopping. Omnichannel retailing integrates the different methods of shopping available to consumers, such as by phone, online, or in a physical store. Retailers adopting this strategy offer customers numerous ways to purchase their products, through both online and offline channels. Thus, it is more flexible and convenient for consumers to purchase goods or services, which helps to boost sales. For example, Oasis, a UK-based fashion retailer, consolidates its e-commerce site, mobile app, and brick-and-mortar stores to provide an easier and better shopping experience. Associates working in the Oasis are provided iPads to give shoppers on-the-spot information on product availability. If an item is not in stock, the staff use their iPads to place an online order for the customer. A similar service is provided to online shoppers. If an item is unavailable online, customers can use the company’s service, wherein the retailer searches its stores for the product and ships it to the shopper. Vending machine operators are integrating gamification techniques with their vending machines to enhance the customer experience. Gamification is the process of incorporating game-playing elements to motivate people to engage with a product or service. Due to its interactive nature between the customer and the product through the vending machine, it results in a better customer experience and an overall return rate. For instance, some of the e-commerce companies using gamification in shopping include eBay with its bidding and feedback system, Nike with its "winter’s angry campaign," BestBuy’s Cityville Presence, and Zappos, following gamified culture and customer service. Nescafe set up a Nescafé Smoovlatté vending machine in Malaysia, which invited people to pose, sing, or dance in order to get a free bottle of the drink. The Amstel Pause vending machine in Bulgaria invited people to do nothing for 3 minutes to get a free can of beer, thus indicating the increase in gamification techniques in vending machines. Major companies in the e-commerce & other non-store retailers market include Amazon.com Inc., JD.com Inc., Alibaba Group Holding Limited, Walmart Inc., Suning.com Group, Vipshop Holdings Ltd., Wayfair Inc., Qurate Retail Inc., Otto GmbH & Co KG, and eBay Inc. North America was the largest region in the e-commerce & other non-store retailers market in 2022. Asia-Pacific was the second-largest region in the e-commerce & other non-store retailers market. The regions covered in the e-commerce and other non-store retailers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the e-commerce & other non-store retailers market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The e-commerce and other non-store retailers’ market includes revenues earned by entities by providing services through distance sellers and online sellers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global ecommerce and other non-store retailers market is segmented - 1) By Type: E-Commerce, Vending Machine Operators, Direct Selling Establishments 2) By Product: Food, Clothing, Healthcare, Electronics, Other Products 3) By Payment Mode: Card Payments, Bank Transfers, Digital Wallets, Cash Payments, Other Payment Modes

The durable goods merchant wholesalers market consists of sales of capital or durable goods by entities (organizations, sole traders, partnership) to other businesses by durable goods merchant wholesalers. They generally take title to the goods that they sell; in other words, they buy and sell goods on and generally take title to the goods that they sell; in other words, they buy and sell goods on their account. Durable goods are new or used items generally with a normal life expectancy of three years or more. The main types of durable goods merchant wholesalers are 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 wholesaler, and miscellaneous durable goods merchant wholesalers. The lumber and other construction materials merchant wholesalers industry includes lumber, plywood, millwork, wood panel, brick, stone, roofing, siding, and insulation material merchant wholesalers. The ownership includes the wholesale or distribution chain and independent wholesalers. The global durable goods merchant wholesalers market size is expected to grow from $29.45 trillion in 2021 to $31.85 trillion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The global durable goods merchant wholesalers market size is expected to grow to $37.95 trillion in 2026 at a compound annual growth rate (CAGR) of 4.5%. The growing demand for wholesale sector is expected to propel the growth of the durable goods merchant wholesalers market going forward. Wholesale sector refers to the distribution channel that buy goods in bulk amount from manufacturers or producers and sell to retailers or resellers rather than to consumers. The wholesale trade for durable goods includes products such as motor vehicles, machinery and equipment (including appliances for the home), building supplies, furniture, sporting goods, metals and minerals (aside from petroleum), toys, and hobby items, recyclable materials, and components. For instance, according to Statistics Canada, an agency of the Government of Canada, in June 2022, the wholesale sales reached $80.7 billion with a monthly increase of 0.1%. Therefore, the growing demand for wholesale sector driving the growth of the durable goods merchant wholesaler’s market. Technology implementation in the wholesale industry increases efficiency and streamlines operations. Digitization in the wholesale trade market enhances the customer experience by efficiently engaging with them through seamless connectivity. Digitization allows wholesale companies to automate their sales order process and create an omnichannel strategy that interacts with customers on all sales channels and gives customers multiple purchase options. Wasco, a leading wholesaler of central heating and plumbing products, is using a solution that manages and publishes product information across all channels to create a unique omnichannel customer experience. The major players in the durable goods merchant wholesalers market are Avnet, McKesson, SYSCO, Brenntag, and Medical. Asia-Pacific was the largest region in the durable goods merchant wholesalers market in 2021. Western Europe is expected to be the fastest-growing region in the global durable goods merchant wholesalers market during the forecast period. The regions covered in the global durable goods merchant wholesalers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the durable goods merchant wholesalers market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The global durable goods merchant wholesalers market is segmented - 1) By Type: 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 Wholesaler, Miscellaneous Durable Goods Merchant Wholesalers 2) By Ownership: Wholesale/Distribution Chain, and Independent Wholesalers