Thanks to the economic recovery, industry revenue has grown in the five years to 2016. Reinvigorated industrial production is responsible for this industry's growth. Rising disposable income levels and improving business sentiment have spurred productive investments that use general industrial supplies as an intermediate input. IBISWorld expects industry revenue to grow in the five years to 2021. While demand from manufacturing is projected to increase, driving revenue growth, the trade weighted index is expected to increase causing a decline in exports, which will significantly limit revenue growth.
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.
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.