$109.2bn
$X.Xbn
120k
9,025
$X.Xbn
Industrial supplies wholesalers sell a range of general-use supplies, including boxes and crates, packaging material, adhesives, abrasives, ropes, industrial hoses, valves and power transmission supplies. A range of customers, from auto mechanics to teams repairing and maintaining industrial facilities, use industrial supplies and turn to wholesalers to purchase these supplies. The downstream market also includes consumer beverage producers that purchase bottles and containers from the industry. In 2020, the nightmarish economic conditions during the pandemic hindered industry performance. The economic recovery in 2021 supercharged demand for industrial supplies, overcoming soaring interest rates that dissuaded investment. Industrial supplies wholesaling revenue will increase at a CAGR of 2.1% over the five years to 2023 to $109.2 billion. In 2023 alone, revenue will rise 6.1% as profit remains steady.
Industry revenue has grown at a CAGR of 2.1 % over the past five years, to reach an estimated $109.2bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
Genuine Parts Co | 4,047.5 | 222.6 | 5.5 | |
W.W. Grainger, Inc. | 3,433.2 | 188.8 | 5.5 | |
Msc industrial direct co., inc. | 2,059.9 | 171.0 | 8.3 |
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Industry revenue is measured across several distinct product and services lines, including Mechanical power transmission supplies, Industrial containers and Abrasives, strapping and tape. Mechanical power transmission supplies is the largest segment of the Industrial Supplies Wholesaling in the US.
Industrial diamonds grow in popularity
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.
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NAICS 42384 - Industrial Supplies Wholesaling in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
A recovery in industrial production has buoyed wholesalers, following pandemic-related disruptions. Inclines in the industrial production index are not potent enough to offse...
Learn about an industry's products and services, markets and trends in international trade.
Wholesalers adapted to changing conditions to get the most out of valve production. In response to the pandemic, valve production intensified to fulfill high demand for parts...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The Southeast is the most populous region in the US, and houses the greatest concentration of industrial supplies wholesalers. Wholesalers in the region also benefit from pro...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Industrial supplies wholesalers endure intense internal competition due to a highly saturated market. The necessity of being in close proximity to key downstream markets prev...
Learn about the performance of the top companies in the industry.
Despite having the highest market share, Genuine Parts still faces significant competition from other wholesalers, including those that sell vehicle replacement parts for thos...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Since 2021, consistent increases in the yield on the 10-year Treasury note has hurt industry revenue growth potential. High interest rates have dissuaded industry investment ...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Volatile swings in input prices like steel and fuel have resulted in added purchase costs for wholesalers. Since wholesalers compete locally based on price, input cost increa...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Industrial Supplies Wholesaling in the US industry in United States is $109.2bn in 2024.
There are 9,025 businesses in the Industrial Supplies Wholesaling in the US industry in United States, which has grown at a CAGR of 0.9 % between 2019 and 2024.
The market size of the Industrial Supplies Wholesaling in the US industry in United States has been growing at a CAGR of 2.1 % between 2019 and 2024.
Over the next five years, the Industrial Supplies Wholesaling in the US industry in United States is expected to grow.
The biggest companies operating in the Industrial Supplies Wholesaling market in United States are Genuine Parts Co, W.W. Grainger, Inc. and Msc industrial direct co., inc.
Wholesaling industrial containers and Wholesaling welding supplies are part of the Industrial Supplies Wholesaling in the US industry.
The company holding the most market share in United States is Genuine Parts Co.
The level of competition is moderate and increasing in the Industrial Supplies Wholesaling in the US industry in United States.