Trade up: Profit is anticipated to grow due to larger commission volumesAbstractWholesale Trade Agents and Brokers in the US
Companies in the Wholesale Trade Agents and Brokers industry operate on behalf of buyers and sellers of goods. In contrast to traditional merchant wholesalers, industry operators do not take ownership of the products they distribute. Industry revenue has grown over the past five years, as profit has remained relatively stable, as industry operators have benefited from increasingly distributing high-cost products. In the coming years, the industry will benefit from a rising number of new businesses, though the industry will continue to contend with rising external competition.
Wholesale trade agents and brokers act on behalf of buyers and sellers to distribute goods at a wholesale level. They refrain from taking title of goods in the selling process and instead generate income from commissions and fees for their services. Establishments acting in the capacity of agents, or brokers that operate using the internet or other electronic means, are excluded from the industry.
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.