Online Industrial Supplies Sales in the US - Industry Market Research Report

Loosened Wallet: Operators Will Likely Benefit from Renewed Demand from Downstream Markets as a Result of Increasing Services Conducted Online.

Companies in the Online Industrial Supplies Sales industry offer a wide range of industrial supplies, including abrasives, containers and valves, mainly to manufacturing, mining, construction and wholesaling industries. Industry enterprises benefit from circumstances that accelerate e-commerce sales and drive more consumers to online marketplaces, such as the COVID-19 pandemic. Overall, industry revenue is expected to climb at an annualized rate of 3.5% to an estimated $26.7 billion over the five years to 2023, despite a 1.4% drop in 2023 alone, as profit slides to 3.6%.

This industry sells industrial supplies primarily at the wholesale level where the majority of customers are manufacturers, contractors, warehouse operators and government entities. These products include abrasives, electrical products, tools and hydraulics. Some companies also provide industrial services. The industry does not include the online sale of industrial equipment, such as compressors, generators, power washers and scaffolding.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.