Industrial Supplies Wholesaling in the US - Market Research Report (2014-2029)

Finding One's Bearings: High Competition and Fluctuating Profit Have Led to Company Exits

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.

Industrial supplies wholesalers sell a range of general-use supplies, including boxes and crates, packaging material, adhesives, abrasives, ropes, industrial hoses, valves and power transmission supplies. A range of customers, from auto mechanics to teams repairing and maintaining industrial facilities, use industrial supplies and turn to wholesalers to purchase these supplies. The downstream market also includes consumer beverage producers that purchase bottles and containers from the industry. In 2020, the nightmarish economic conditions during the pandemic hindered industry performance. Economic recovery in 2021 was not enough to support the industry as soaring interest rates dissuaded investment and sapped demand from wholesalers. Industrial supplies wholesaling revenue will deteriorate at a CAGR of 2.2% over the five years to 2023 to $89.0 billion. In 2023 alone, revenue will drop 3.3% as profit is cut to 4.5%

This industry wholesales general-use supplies for manufacturing and warehousing industries. Supplies include abrasives, barrels, boxes and crates, industrial containers, industrial diamonds, packaging material, printing ink, power transmission supplies, mechanical rubber goods, ropes, valves and welding supplies. The industry strictly distributes general-use industrial supplies; for example, it provides the automotive sector with valves but not with tires.