Global Industrial Distribution Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Industrial Distribution Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Distribution is the process of making a product or service available for the consumer or business user who needs it. Industrial distribution applies mathematics, science, engineering technology, business, data processing, communications, quality, and supply chain management to the wholesaling and distribution of technological products. Most distributors provide a range of services such as technical support, warranty or service. Distributors are essential in helping reach markets manufacturers could not otherwise target.

Market Overview:

The latest research study on the global Industrial Distribution market finds that the global Industrial Distribution market reached a value of USD 7632142.99 million in 2022. It’s expected that the market will achieve USD 10298135.74 million by 2028, exhibiting a CAGR of 5.12% during the forecast period.

The COVID-19 outbreak has disrupted business and economic activity around the world. It is expected to have a certain impact on the Industrial Distribution market in the short term. Production and manufacturing have been severely affected as several countries around the world declared nationwide lockdowns and temporary shutdowns of various industries. Production suspension not only exacerbates the shortage of funds for small and medium-sized enterprises, but also reduces the solvency of enterprises, which may affect production. Some enterprises are in difficulties or even go bankrupt, which will affect the downstream demand market of the Industrial Distribution industry. The epidemic has severely affected logistics and transportation, making it difficult to transport industrial distributed products. Trade barriers further affect the gap between supply and demand. As a result, the epidemic has had a negative impact on Industrial Distribution's entire supply chain.

At the same time, companies operating in the wake of the outbreak need to protect the lives and health of employees and purchase epidemic prevention materials such as masks and disinfectants, which will increase production costs.

The advent of industry 4.0

Industry 4.0 concepts and technologies can be applied to all types of industrial companies, including discrete and process manufacturing, as well as oil and gas, mining and other industrial sectors. Industry 4.0 is revolutionizing the way companies make, improve, and distribute products. Manufacturers are integrating new technologies, including the Internet of Things (IoT), cloud computing and analytics, as well as artificial intelligence and machine learning, into their manufacturing facilities and throughout their operations. Equipped with advanced sensors, embedded software and robotics, these smart factories can collect and analyze data to make better decisions and create higher value.

The booming manufacturing industry will create more development opportunities for the Industrial Distribution industry and increase the demand for rare markets in the Industrial Distribution industry.

Competition risk of large enterprises

At present, there are a large number of companies engaged in Industrial Distribution related industries around the world, and the industry concentration is low. At the same time, the Industrial Distribution industry is in a state of comprehensive competition.

Although some companies temporarily present some advantages in the field of this product, they also show relatively strong competitiveness. But in the long run, it is not ruled out that other listed companies in the same industry and leading companies may enter the industry. Under normal circumstances, listed companies or well-known companies have strong capital, scale and technological advantages. Based on production scale, popularity, production costs, product prices, upstream and downstream bargaining power, and customer base, they may constitute small and medium-sized enterprises. Certain competitive pressure. At the same time, some small production enterprises that adopt low-price and low-quality competition strategies will disrupt the market order to a certain extent, posing a certain threat to enterprises in the industry.

Region Overview:

In global comparison, a significant portion of the revenue was generated in United States (35.66% in 2022).

Company Overview:

Arrow Electronics is one of the major players operating in the Industrial Distribution market, holding a share of 0.48% in 2022.

Arrow Electronics

Arrow Electronics specializes in distribution and value added services relating to electronic components and computer products.

TD SYNNEX

TD SYNNEX is a leading distributor and solutions aggregator for the IT ecosystem.

WPG Holdings

WPG Holdings components distributor, owns shiping, Pingjia, Tranding and Youshang brands.

Segmentation Overview:

As for product types, the IT segment held the largest market share in 2022.

Application Overview:

The market's largest segment by application is the segment Offline, with a market share of 76.27% in 2022.

Key Companies in the global Industrial Distribution market covered in Chapter 3:

TD SYNNEX
Fastenal
CECport
F.W. Webb
ERIKS
Applied Industrial Technologies
OTC Industrial Technologies
Avnet
W. W. Grainger
MSC Industrial Supply
Veritiv
Ferguson (Wolseley)
SBP Holdings
DXP Enterprises
GPC
Arrow Electronics
CDW
Bearing Distributors Inc. (BDI)
EWIE
WPG Holdings
Würth Industry
Winsupply

In Chapter 4 and Chapter 14.2, on the basis of types, the Industrial Distribution market from 2018 to 2029 is primarily split into:

Auto parts
Building products
Electrical
Electronics
HVAC and plumbing
General industrial
IT
Metals
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Industrial Distribution market from 2018 to 2029 covers:

eCommerce
Offline

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)