Wholesale Industry Report 2022 - Global Market Valued at $46.3 Billion in 2022 is Expected to Reach $65.6 Billion by 2026 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Wholesale Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

The global wholesale market is expected to grow from $42,119.22 billion in 2021 to $46,370.23 billion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The market is expected to grow to $65,613.18 billion in 2026 at a compound annual growth rate (CAGR) of 9.1%.

Major companies in the wholesale market include AmerisourceBergen Corp, Cardinal Health Inc., Walmart Inc., Sinopharm, Sysco Corp, Berkshire Hathaway Inc., Brueder Mannesmann AG, Lowe's Companies Inc., Itochu Corp, and Tech Data.

Asia Pacific was the largest region in the wholesale market in 2021. North America was the second-largest region in the wholesale market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The wholesale market is expected to benefit from steady economic growth forecasted for many developed and developing countries. According to International Monetary Fund (IMF), the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than the developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, foreign direct investments in the end-user markets, thereby driving the market during the forecast period.

The use of analytics in the wholesale trade market is enhancing supply chain efficiencies by anticipating the future demand of the customer. Predictive analytics uses historic data to predict future events. Some of the applications where wholesale trade companies use predictive analytics are to project 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 outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the wholesale market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People's Republic of China, and spread globally including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of 'lock down' and the outbreak had a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the wholesale market will recover from the shock across the forecast period as it is a 'black swan' event and not related to ongoing or fundamental weaknesses in the market or the global economy.

Report Scope

This report provides strategists, marketers and senior management with the critical information they need to assess the global wholesale market as it emerges from the COVID-19 shut down.

Where is the largest and fastest growing market for the wholesale? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider wholesale market, and compares it with other markets.

• The market characteristics section of the report defines and explains the market
• The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery
• Market segmentations break down market into sub markets
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers
• The wholesale market section of the report gives context. It compares the wholesale market with other segments of the retail and wholesale market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, wholesale indicators comparison

Companies Mentioned

• AmerisourceBergen Corp.
• Cardinal Health Inc.
• Walmart Inc.
• Sinopharm
• Sysco Corp.
• Berkshire Hathaway Inc.
• Brueder Mannesmann AG
• Lowe's Companies Inc.
• Itochu Corp.
• Tech Data

For more information about this report visit https://www.researchandmarkets.com/r/x6rjno

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