TheBusinessResearchCompany’s Non-Durable Goods Merchant Wholesalers Market covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market.
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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The non-durable goods merchant wholesalers market expected to reach a value of nearly $24507.21 billion by 2022, significantly growing at a CAGR of 5.9% during the forecast period. The growth in the non-durable goods merchant wholesalers market is due to factors such as rise in disposable income growing economy.
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The non-durable goods merchant wholesalers market is segmented into 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 among these segments, the paper and paper product merchant wholesalers accounts for the largest share in the global non-durable goods merchant wholesalers market.
Some of the major players involved in the Non-Durable Goods Merchant Wholesalers Market are C&S Wholesale Grocers, Cardinal Health Inc, Heineken Asia Pacific, Performance Food Group Company, Walgreens Boots Alliance.
The wholesale and retail industry is an integral part of every industry supply chain in the world. The wave of digital shopping poses a significant threat to the brick-and-mortar formats of the retail industry, however no decline in the retail market in brick-and-mortar stores indicates the existing demand from customers for physical experience. The wholesale and retail industry as a whole is very important to the world economic growth. By 2022, The Business Research Company expects the wholesale and retail market to grow to $76 trillion.
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This post was originally published on The Market Plan