Industry Analysis & Industry Trends
Laboratory Supply Wholesaling industry revenue closely follows the performance of scientific and technical service industries. While demand from such industries rose strongly following the recession, growth has slowed to a moderate pace in recent years. The growing prevalence of wholesale bypass, when businesses purchase directly from manufacturers, has negatively impacted industry wholesalers that distribute school supplies and other niche products. Comparatively, wholesale bypass has not significantly affected larger industry players thanks to their vertical integration. Moreover, industry companies are actively consolidating; by acquiring smaller players with innovative products, companies are able to simultaneously expand their customer base and reduce competition... purchase to read more
Industry Report - Industry Analysis Chapter
The Laboratory Supply Wholesaling industry distributes equipment and supplies to laboratories, schools and other companies. Growing demand from downstream buyers has translated to industry growth over the past five years, with revenue expected to grow at an average annual rate of 2.5% over the period. Wholesale bypass has nonetheless limited demand, with revenue growth anticipated to slow to 1.6% over 2016, reaching $6.0 billion.
Over the five years to 2016, consolidation and wholesale bypass are expected to reduce the number of industry operators at an average annual rate of 0.9% to 299 companies. Laboratory supply wholesalers are actively consolidating to improve their product lines and market reach... purchase to read more