Industrial Supplies Wholesaling in the US - Industry Market Research Report

Industrial Supplies Wholesaling in the US - Industry Market Research Report

  • August 2021 •
  • 40 pages •
  • Report ID: 198850 •
  • Format: PDF
Finding one’s bearings: High competition and fluctuating profit have led to company exits

Abstract

Industrial Supplies Wholesaling in the US
The Industrial Supplies Wholesaling industry wholesales a range of general-use supplies, including boxes and crates, packaging material, adhesives, abrasives, ropes, industrial hoses, valves and power transmission supplies. These items are used by a variety of industrial sectors; therefore, demand depends on the general level of manufacturing and repair activity in the US economy. A range of operators, from auto mechanics to teams repairing and maintaining industrial facilities, use industrial supplies and are likely to turn to wholesalers to purchase these supplies in customized packages instead of in bulk. The downstream market also includes consumer beverage producers that purchase bottles and containers from the industry. Due to waning demand from manufacturers, industry revenue is expected to decline. This decline is mainly driven by falling demand for the Manufacturing sector (IBISWorld report 31-33). Fluctuations in the value of the dollar, which affect the export performance of the industry’s key manufacturing markets, also indirectly influence the Industrial Supplies Wholesaling industry. The value of the US dollar has trended upward over the past five years and is expected to induce an increase in imported substitutes. The necessity of locating operations close to consumers has kept the industry geographically fragmented with a low level of market share concentration. Nevertheless, high competition within localities, general saturation of the market and fluctuating profitability have led to company exits.

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.

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.
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