Global Retail And Wholesale Market

The electronic products market consists of sales of electronic products by entities (organizations, sole traders and partnerships) that produce electronic products. The main types of electronic products are audio and video equipment, semiconductor and other electronic components. Devices that reproduce, record, or process sound are referred to as audio equipment. Examples of audio equipment are microphones, radio receivers, AV receivers, CD players, tape recorders, amplifiers, mixing consoles, effects units, headphones, and speakers. The equipment is operated through online and offline modes. The various sales channels include OEM and aftermarket that are used by B2B and B2C end users. The global electronic products market size is expected to grow from $1,108.88 billion in 2021 to $1,198.53 billion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The growth in the market 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 electronic product market is expected to reach $1,574.82 billion in 2026 at a CAGR of 7.1%. The electronic products market growth is aided by stable economic growth forecasted in many developed and developing countries. The International Monetary Fund (IMF) stated that the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a significant decline in the historic period is further expected to aid the market growth. Developed economies are also expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Stable economic growth is expected to increase investments in the end user markets, thereby driving the market during forecast period. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the electronic products manufacturing 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 in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China and spread globally including Western Europe, North America and Asia. Steps by national governments to contain the transmission have resulted in a decline in economic activity with countries entering a state of lockdown and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the electronic products manufacturing market will recover from the shock across 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. With rising incidences of theft and crime, companies in the video equipment manufacturing industry are manufacturing closed circuit television cameras with motion detection technology. Motion detecting CCTV camera detects any motion of objects in its field of view and raises an alarm in case of an intrusion. These cameras consume less energy as they get activated and begin recording only when there is a movement of object in its field of view. This feature offers effective surveillance of an area at low costs. For instance, some of the major companies manufacturing motion detecting CCTV cameras include Sony, Samsung, Honeywell, Panasonic and others. Major companies in the electronic products market include Samsung Electronics Co. Ltd., Taiwan Semiconductor Mfg. Co ltd, SK Hynix Inc, Qualcomm, Hon Hai Precision Industry, Micron Technology Inc, LG Display Co Ltd, Intel Corporation, Sony Corp and Broadcom Ltd. Asia Pacific was the largest region in the electronic products market in 2021. North America was the second largest region in the electronic products market. The regions covered in the electronic products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the electronic products market report 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 electronic products market is segmented - 1) By Type: Audio and Video Equipment, Semiconductor and Other Electronic Component 2) By End-Use: B2B, B2C 3) By Sales Channel: OEM, Aftermarket 4) By Mode: Online, Offline Subsegments Covered: Audio Equipment, Video Equipment, Semiconductor and Related Devices, General Electronic Components

The clothing and clothing accessories stores market consists of sales of clothing and clothing accessories by entities (organizations, sole traders, and partnerships) that sell clothing and clothing accessories to ultimate users from fixed locations. The clothing and clothing accessories stores market includes establishments that are engaged in the sales of clothing for men, women, and children, hats and caps, jewelry, wig and hairpiece, neckwear, footwear, and other similar products. The major types of clothing and clothing accessories are clothing/apparel stores, jewelry and watch stores, optical goods stores, and footwear stores. The clothing/apparel stores refer to the shops that sell dresses, clothes, and apparel like shoes and other costume-related items. The ownership types are retail chain and the independent retailer selling through exclusive showroom and dealer store. The global clothing and clothing accessories stores market size is expected to grow from $1,090.04 billion in 2021 to $1,212.34 billion in 2022 at a compound annual growth rate (CAGR) of 11.2%. The global clothing and clothing accessory stores market size is expected to grow to $1,732.61 billion in 2026 at a CAGR of 9.3%. Many clothing and clothing accessories stores 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. For instance, the global retail analytics market raised to $5.1 billion in 2020. With the rapid growth in retail data and the availability of technologies to analyze data, it will become easier for building material and garden equipment and supplies dealers to identify and meet the needs and expectations of their customers, thus it is expected to drive the market going forward The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the clothing and clothing accessories stores 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 in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of lockdown and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the clothing and clothing accessories stores market will recover from the shock across 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. Retail stores are increasingly using in-store automation to streamline retail shopping. Automation in retail stores is aimed at cutting costs and time involved in store operations such as container movement, merchandise scanning, inventory checking, retrieving, packaging, delivering products, and connecting with customers. Automation reduces waiting times, avoids stocking problems, enhances productivity, and increases the overall customer experience. Retailers are also focusing on using self-checkout stands for customers. Some of the major clothing retailers such as Zara and Lifestyle are using self-checkout systems. In 2019, Lifestyle introduced self-Checkout Kiosks in a few key stores and also added features like mobile POS, fitting room assistance, etc. to augment its in-store experience. Major companies in the clothing and clothing accessories stores market include TJX Companies Inc, LVMH Moet Hennessy Louis Vuitton SE, Industria De Diseno Textil SA, Hennes & Mauritz AB, Rajesh Exports, Fast Retailing Co. Ltd, Inditex, The Gap Inc., Associated British Foods plc, and L Brands Inc. Western Europe was the largest region in the clothing and clothing accessories stores market in 2021. North America was the second-largest region in the global clothing and clothing accessories stores market. The regions covered in the global clothing stores market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the clothing and clothing accessories stores market report 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 clothing and clothing accessories stores market is segmented - 1) By Type: Clothing/Apparel Stores, Jewelry and Watch Stores, Optical Goods Stores, Footwear Stores 2) By End-User: Men, Women, Kids or Infants 3) By Ownership: Retail Chain, Independent Retailer 4) By Type of Store: Exclusive Showroom, Dealer Store

The food and beverages market consists of sales of beverages, food, pet food, and tobacco products by entities (organizations, sole traders, and partnerships) that produce beverages, food, pet food, and tobacco products. The companies in the food and beverages industry process raw materials into food, pet food, and tobacco products, package and distribute them through various distribution channels to both individual customers and commercial establishments. The main type of food and beverages are alcoholic – beverages, nonalcoholic – beverages, grain products, bakery & confectionary, other foods products, frozen, canned and dried food, dairy food, meat, poultry and seafood, syrup, seasoning, oils, & general food, animal and pet food, and tobacco products. Alcoholic beverages include beverages that contain varying amounts of alcohol (ethanol). The various types of distribution channels are supermarkets/hypermarkets, convenience stores, e-commerce, and Other Distribution Channels. The different types of natures include organic and conventional. The global food and beverages market size is expected to grow from $5,817.4 billion in 2021 to $6,383.49 billion in 2022 at a compound annual growth rate (CAGR) of 9.7%. The food and beverage market size is expected to grow to $8,905.5 billion in 2026 at a CAGR of 8.7%. Many countries across the globe are experiencing falling prices of crops due to overcapacity; this is expected to result in low raw material costs for food and beverage companies. For example, in 2019, the Indian government spent $873 million to subsidize the export of sugar as a result of the overproduction of sugarcane, thereby reducing prices. Thus, overproduction of certain crops is likely to result in higher profit margins for food and beverage companies. Higher profit margins will enable food and beverage companies to increase their productivity and drive the market going forward. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the food and beverages 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 in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials. Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline. The outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the food and beverages market will recover from the shock across 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. Frozen food manufacturers are using technologies such as individual quick freezing (IQF) to improve the yield and quality of frozen foods. The IQF method involves transferring the individual food items on a conveyor belt into a blast freezer that quickly freezes the items. With the IQF method, every individual piece of food is frozen separately, as opposed to bulk or block freezing. This method boosts yield by 1.5-3% and results in better quality products with high nutritional value and less wastage. Examples of IQF foods include fruits such as blueberries, strawberries, and peaches, and vegetables such as corn, peas, and green beans. The global IQF vegetable market is expected to reach $2 billion by 2026, thus indicating significant demand for IQF food products in the future. Major companies in the food and beverages market include Nestle S.A., JBS S.A., PepsiCo Inc., Anheuser-Busch InBev sa/nv, Tyson Foods Inc, Wilmar International Ltd, Archer-Daniels-Midland Company (ADM), The Coca-Cola Company, Imperial brands plc, Mars Incorporated Asia Pacific was the largest region in the food and beverages market in 2021. Western Europe was the second-largest region of the F&B market. The regions covered in the food and beverages market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the food and beverages 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 food and beverages market is segmented - 1) By Type: Alcoholic Beverages, Non-Alcoholic Beverages, Grain Products, Bakery and Confectionary, Other Foods Products, Frozen, Canned and Dried Food, Dairy Food, Meat, Poultry and Seafood, Syrup, Seasoning, Oils, and General Food, Animal and Pet Food, Tobacco Products 2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others 3) By Nature: Organic, Conventional Subsegments Covered: Beer, Wine and Brandy, Spirits, Coffee and Tea, Soft Drink and Ice, Flour, Rice and Malt, Other Grain Products, Breakfast Cereal, Sugar and Confectionery Products, Bread and Bakery Products, Cookie, Cracker, Pasta, and Tortilla, Perishable Prepared Food, Snack Food, All Other Miscellaneous Food, Frozen Food, Canned and Ambient Food, Milk and Butter, Cheese, Dry, Condensed, and Evaporated Dairy Products, Ice Cream and Frozen Dessert, Meat Products, Poultry, Seafood, Flavoring Syrup and Concentrate, Seasoning and Dressing, Fats and Oils, Pet Food, Animal Food, Cigarettes, Cigars and Cigarillos, Smoking and Other Tobacco Products

The supermarkets and hypermarkets market consists of sales all sorts of goods and some services by entities (organizations, sole traders, and partnerships) that are engaged in retailing, fresh, frozen, and canned foods and dry goods by including such as tea, coffee, spices, sugar, and flour, fresh fruits and vegetables, and fresh and prepared meats, fish, and poultry to ultimate users. They also have nonfood items in their portfolio. They typically operate on the self-service principle. The main types of supermarkets and hypermarkets are supermarkets and hypermarkets. A supermarket is a big retail establishment that sells food and other household items and is typically self-serve. The major types of ownerships are retail chains and independent retailers that have applications in consumer electronics, furniture, food and beverage, toy & stationery, personal care, cosmetics, home textile, dress, and other applications. The global supermarkets and hypermarkets market size is expected to grow from $2,840.89 billion in 2021 to $3,183.76 billion in 2022 at a compound annual growth rate (CAGR) of 12.1%. The global supermarket and hypermarket market size is then expected to grow to $4,792.36 billion in 2026 at a CAGR of 10.8%. The supermarkets and hypermarkets 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 supermarkets and hypermarkets to identify and meet the needs and expectations of their customers, thus it is expected to drive the market going forward. The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the supermarkets and hypermarkets 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 in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of lockdown and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the supermarkets and hypermarkets market will recover from the shock across 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. Supermarkets and hypermarkets are increasingly using blockchain technology to track product details such as source, manufacturing location, transportation modes. Blockchain technology can be described as a data structure that holds transactional records and ensures security, transparency, and decentralization. Due to rising awareness about healthy eating, shoppers are actively looking for the origin and food production methods to understand the entire food supply chain. Blockchain technology enables the users to access labeling information on smartphones giving the user in-depth tracking of data that ensures food quality. For instance, in September 2019, Walmart launched the Walmart Food Traceability initiative that allows users to trace fresh, leafy produce from farm to table in real-time using the IBM Food Trust Network Major companies in the supermarket and hypermarket market include The Kroger Co, Aldi, Schwarz Unternehmenstreuhand KG, Rewe Group, Albertsons Companies Inc, Koninklijke Ahold Delhaize N.V, Tesco PLC, Carrefour SA, Fonciere Euris SA, and J Sainsbury plc. North America was the largest region in the supermarkets and hypermarkets market in 2021. Western Europe was the second-largest region in the global supermarket and hypermarket market. The regions covered in the global supermarkets and hypermarkets market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the supermarket and hypermarket 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 supermarkets and hypermarkets market is segmented - 1) By Type: Supermarkets, Hypermarkets 2) By Ownership: Retail Chain, Independent Retailer 3) By Application: Consumer Electronics, Furniture, Food and Beverage, Toy and Stationery, Personal Care, Cosmetic, Home Textile, Dress, Others

The retail market consists of sales of goods to ultimate users by entities (organizations, sole traders, and partnerships) that provide the service of making goods available in convenient quantities and locations. Retailing involves buying from wholesalers or direct from producers, breaking bulk, displaying goods for sale either physically or online, and sometimes delivery. Wholesalers are independent organizations in the distribution channel that buy in bulk and sell to resellers rather than to consumers. Both retailers and wholesalers take ownership of the goods and so 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 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 & other general merchandise stores, e-commerce & other non-store retailers, building material and garden equipment and supplies dealers, pharmacies and healthcare stores and sporting goods, hobby, musical instrument, and book stores. A bookstore is a location of business where the principal commodity for sale books. The ownership forms include wholesale/distribution chain and independent wholesalers that are distributed through supermarkets/hypermarkets, convenience stores, department stores, specialty stores, online and other distribution channels The global retail market size is expected to grow from $23,652.39 billion in 2021 to $26,326.38 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The global retail market size is expected to grow to $38,710.6 billion in 2026 at a CAGR of 10.1%. 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 retails to identify and meet the needs and expectations of their customers, thus it is expected to drive the market going forward The outbreak of the Coronavirus 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 in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of lockdown and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the retail market will recover from the shock across 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/e-commerce market is 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 their systems. Using a drone for delivery allows retailers to cut costs and help in providing customers with their products earlier than traditional delivery methods. For example, Amazon has been investing in its Prime Air deliveries via drones, which claims 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 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 2021. North America was the second-largest region in the global retail market. The regions covered in the global 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 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, Others 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 market consists of sales of goods and related services to ultimate users by entities (organizations, sole traders, and partnerships) that sell wholesale merchandise including the outputs of the agriculture, mining, manufacturing, and certain information industries, such as publishing. The wholesale trade comprises purchasing, storing, and selling merchandise to retailers or other wholesalers and providing related services such as breaking bulk. This industry includes wholesale agents and brokers who arrange the purchase or sale of the goods owned by others, on a fee or commission basis. The wholesale industry also includes business-to-business electronic markets and platforms and agents that facilitate wholesale trade that does not own or handle the products they sell. 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 chain and independent wholesalers having premium, mid-range and economy prices. The global wholesale market size is expected to grow from $42,119.22 billion in 2021 to $46,370.23 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The global wholesale market size is then expected to grow to $65,613.18 billion in 2026 at a CAGR of 9.1%. The wholesale market is expected to benefit from steady economic growth forecasted 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 the developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, foreign direct investments in the end-user markets, thereby driving the market during the forecast period The outbreak of the Coronavirus 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 in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of lockdown and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the wholesale market will recover from the shock across 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 2021. North America was the second-largest region in the global wholesale market. The regions covered in the global wholesale market 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 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

The durable goods wholesalers market consists of sales of capital or durable goods by entities (organizations, sole traders, and partnerships) that are engaged in selling capital or durable goods to other businesses on a wholesale basis. wholesalers 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. Durable goods wholesale trade establishments are engaged in wholesaling products, such as motor vehicles, furniture, construction materials, machinery and equipment (including household-type appliances), metals and minerals (except petroleum), sporting goods, toys, and hobby goods, recyclable materials, and parts. The major type 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 chain and independent wholesalers having premium, mid-range and economy prices. The global durable goods wholesalers market size is expected to grow from $20,533.15 billion in 2021 to $22,844.28 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The global durable good wholesalers market size is expected to grow to $33,710.81 billion in 2026 at a CAGR of 10.2%. 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 2021. Western Europe was the second-largest region in the global durable goods wholesaler market. The regions covered in the global durable goods wholesalers 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 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

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 fewer than three years. The major types of non-durable goods wholesalers are 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. Any person or corporation who buys and sells prescribed petroleum products in quantity is referred to as a petroleum wholesaler. The ownership forms include wholesale/distribution chain and independent wholesalers having premium, mid-range and economy prices. The global non-durable goods wholesalers market size is expected to grow from $19,572.9 billion in 2021 to $21,348.4 billion in 2022 at a compound annual growth rate (CAGR) of 9.1%. The global non-durable good wholesalers market size is expected to grow to $29,055.59 billion in 2026 at a CAGR of 8%. The non-durable goods merchant 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 non-durable goods merchant wholesalers to identify and meet the needs and expectations of their customers, thus it is expected to drive the market going forward The outbreak of the Coronavirus disease (COVID-19) has acted as a massive restraint on the non-durable goods merchant wholesalers’ 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 in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of lockdown and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the non-durable goods merchant wholesalers’ market will recover from the shock across 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 Wholesalers are increasingly using predictive analytics in their businesses. It is a robust tool for a wholesaler in today’s era of the digital economy. A powerful in-memory technology integrated with predictive analytics and ERP data efficiently transforms the whole process of interpreting the information. Predictive analytics utilizes past data to predict future outcomes. In addition, some of the applications also give predictive analytics to project customer profitability, improve marketing campaigns, and present model business for different scenarios. For instance, SAP HANA integrated with BW is a predictive analytical tool, widely used for wholesale distribution and materials management including the whitepaper industry. Major companies in the non-durable goods wholesalers market include AmerisourceBergen Corp, Cardinal Health Inc., Walmart Inc., Sinopharm, Berkshire Hathaway Inc., METRO AG, Medipal Holdings Corporation (formerly Mediceo Paltac Holdings Co Ltd), Itochu Corp, Sysco Corp, and US Foods Holding Corp. Asia Pacific was the largest region in the non-durable goods wholesalers market in 2021. North America was the second-largest region in the global non-durable goods wholesalers market. The regions covered in the global non-durable goods wholesalers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the non-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 global non-durable goods wholesalers market 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