Non-Durable Goods Merchant Wholesalers Market Current Trends, Business Opportunities and Growth 2020 to 2023

Global Non-Durable Goods Merchant Wholesalers Market Size, Status and Forecast 2020-2023

The Non-Durable Goods Merchant Wholesalers Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The global non-durable goods merchant wholesalers market is expected to decline from $17120.1 billion in 2019 to $17006.8 billion in 2020 at a compound annual growth rate (CAGR) of -0.7%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 6% from 2021 and reach $20073.4 billion in 2023.

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Scope of the Report:
Markets Covered:
1) By Type: Paper And Paper Product Merchant Wholesalers; Drugs And Druggists’ Sundries Merchant Wholesalers; Apparel, Piece Goods, And Notions Merchant Wholesalers; Grocery And Related Product Merchant Wholesalers; Farm Product Raw Material Merchant Wholesalers; Chemical And Allied Products Merchant Wholesalers; Petroleum And Petroleum Products Merchant Wholesalers; Beer, Wine, And Distilled Alcoholic Beverage Merchant Wholesalers; Miscellaneous Nondurable Goods Merchant Wholesalers
2) By Ownership: Wholesale/Distribution Chain; Independent Wholesalers

Companies Mentioned: C&S Wholesale Grocers; Cardinal Health Inc; Heineken; Performance Food Group Company; Walgreens Boots Alliance

Metrics Covered: Number of Enterprises; Number of Employees

Countries: 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; Vietnam

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita, Non-Durable Goods Merchant Wholesalers indicators comparison.

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Market Insights:

Asia Pacific was the largest region in the global non-durable goods merchant wholesalers market, accounting for 47% of the market in 2019. North America was the second largest region accounting for 20% of the global non-durable goods merchant wholesalers market. Africa was the smallest region in the global non-durable goods merchant wholesalers market.

The use of analytics in the wholesale trade market enhances efficiency by anticipating future demand of the customer. Predictive analytics uses the past data to predict the future events. Some of the applications where wholesale trade companies use predictive analytics are to project customer 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

The non-durable goods merchant wholesalers market consists of sales of nondurable goods by non-durable goods merchant wholesalers. These entities (organizations, sole traders and partnerships) wholesale products such as paper and paper products, chemicals and 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 less than three years.

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https://www.marketinsightsreports.com/reports/06022059235/non-durable-goods-merchant-wholesalers-global-market-report-2020-30-covid-19-impact-and-recovery-including-1-by-type-paper-and-paper-product-merchant-wholesalers-drugs-and-druggists-sundries-merchant-wholesalers-apparel-piece-goods-and-notions-merchant-wholesalers-grocery-and-related-product-merchant-wholesalers-farm-product-raw-material-merchant-wholesalers-chemical-and-allied-products-merchant-wholesalers-petroleum-and-petroleum-products-merchant-wholesalers-beer-wine-and-distilled-alcoholic-beverage-merchant-wholesalers-miscellaneous-nondurable-goods-merchant-wholesalers-2-by-ownership-wholesale-distribution-chain-independent-wholesalers-covering-c-s-wholesale-grocers-cardinal-health-inc-heineken-performance-food-group-company-walgreens-boots-alliance?source=xherald&Mode=07

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Non-Durable Goods Merchant Wholesalers Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.

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Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check with the sales team.

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