Online Industrial Supplies Sales
Operators in the Online Industrial Supplies Sales industry offer a wide-range of industrial supplies, including abrasives, containers and valves. Over the five years to 2018, industry operators did not benefit from the same broad economic improvements that generated increased revenue for many other industries. With manufacturing- and mining-related industries accounting for more than 60.0% of industry revenue, fluctuations in industry demand can sway revenue growth. Furthermore, slow growth in the industrial production index, combined with stagnation in the value of utilities construction, has led to operators tempering expectations during the five-year period. During the coming five-year period, industry operators will aim to change tracks and generate positive revenue growth. As a result of increasing services conducted online, as well as private investment in industrial equipment and machinery, industry operators will benefit from renewed demand from downstream markets.
This industry sells industrial supplies primarily at the wholesale level where the majority of customers are manufacturers, contractors, warehouse operators and government entities. These products include abrasives, electrical products, tools and hydraulics. Some companies also provide industrial services. The industry does not include the online sale of industrial equipment, such as compressors, generators, power washers and scaffolding.
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.
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