Due to waning demand from manufacturers, revenue for the Industrial Supplies Wholesaling industry has grown at a very slow rate to over the five years to 2017. However, fluctuations in the value of the dollar also indirectly affect the industry. Over the past five years, the value of the US dollar has trended upward and is expected to induce an increase in imported substitutes, which will enable industry revenue to start to turn around. Over the five years to 2022, more players are forecast to exit the industry as industrial production growth stabilizes and revenue growth slows down. IBISWorld expects industry revenue to grow at only a slightly faster rate over the five years to 2022. 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.