Revenue for the Wholesale Trade Agents and Brokers industry has grown over the past five years, bolstered by higher commissions received from negotiating purchases of high-cost goods. However, revenue is expected to drop over 2015 due to a rise in external competition, particularly fom e-commerce channels that have enabled manufacturers to bypass wholesalers and sell directly to consumers. As consumers continue to look to the web for their shopping needs, and as manufacturers and large-scale retailers become increasingly vertically integrated, their need for wholesale trade agents and brokers is expected to diminish. As a result, industry revenue is forecast to decline over the five years to 2020.
Wholesale trade agents and brokers act on behalf of buyers and sellers to distribute goods at a wholesale level. They refrain from taking title of goods in the selling process and instead generate income from commissions and fees for their services. Establishments acting in the capacity of agents, or brokers that operate using the internet or other electronic means, are excluded from the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.