Dublin, June 09, 2023 (GLOBE NEWSWIRE) -- The "Wholesale Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
This report provides strategists, marketers and senior management with the critical information they need to assess the market.
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 wholesale market is expected to grow to $61,529.93 billion in 2027 at a CAGR of 5.9%.
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.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
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 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.
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 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 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.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 400 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $48883.25 billion |
| Forecasted Market Value (USD) by 2027 | $61529.93 billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Wholesale Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Wholesale Market Product Analysis
4.1. Leading Products/Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Wholesale Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Wholesale Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Wholesale Market Trends And Strategies
8. Wholesale Market - Macro Economic Scenario
8.1 COVID-19 Impact On Wholesale Market
8.2 Ukraine-Russia War Impact On Wholesale Market
8.3 Impact Of High Inflation On Wholesale Market
9. Wholesale Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Wholesale Market Regional Analysis
10.1. Global Wholesale Market, 2022, By Region, Value ($ Billion)
10.2. Global Wholesale Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
10.3. Global Wholesale Market, Growth And Market Share Comparison, By Region
11. Wholesale Market Segmentation
11.1. Global Wholesale Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Non-Durable Goods Wholesalers
- Wholesale Electronic Markets And Agents And Brokers
- Durable Goods Wholesalers
11.2. Global Wholesale Market, Segmentation By Ownership, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Wholesale/Distribution Chain
- Independent Wholesalers
11.3. Global Wholesale Market, Segmentation By Price Range, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Premium
- Mid-Range
- Economy
12. Wholesale Market Segments
13. Wholesale Market Metrics
13.1. Wholesale Market Size, Percentage Of GDP, 2017-2027, Global
13.2. Per Capita Average Wholesale Market Expenditure, 2017-2027, Global
For more information about this report visit https://www.researchandmarkets.com/r/wbquzq
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