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 Key Buyers Chapter
The Laboratory Supply Wholesaling industry has a low level of market share concentration. Employment within the industry is concentrated at the lower end of the scale, with about 41.0% of operators employing one to four employees, and 97.1% employing fewer than 100 workers. Market share concentration varies among industry products, laboratory products have a higher level of market share concentration because many major players are vertically integrated and benefit from lower purchase costs.
Market share concentration has increased during the past five years, as each of the top three operators acquire smaller companies to expand their market reach... purchase to read more