Laboratory Supply Wholesaling in the US
The Laboratory Supply Wholesaling industry distributes professional equipment and supplies to laboratories, schools, government facilities, offices and surveying companies. Overall, this industry has experienced revenue growth as demand from professional, scientific and technical service providers has remained steady. Increased quality standards and regulations have driven companies to conduct more tests, promoting demand for industry products. Over the next five years, industry revenue is expected to continue to grow moderately. Revenue growth over the five years to 2023 is anticipated to develop from increases in expenditure for research and development, government funding for colleges and universities and continued growth in demand from professional, scientific and technical service providers. However, e-commerce sales are also expected to increase, hindering industry growth as online sales compete with wholesaling.
Operators in the Laboratory Supply Wholesaling industry engage in the wholesale distribution of laboratory, scientific and school equipment and supplies. This industry excludes wholesalers that predominantly distribute medical, hospital, and dental equipment and supplies.
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.