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2024 U.S. Industry Statistics & Market Forecast - Industrial and Personal Service Paper Merchant Wholesalers
Market Size & Industry Statistics
The total U.S. industry market size for Industrial and Personal Service Paper Merchant Wholesalers:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2019 2020 2021 2022 2023 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|
| Market Forecast ($ millions) | ||||||
| Projected Industry Growth Rate (%) | ||||||
Industry Insights
The Industrial & Personal Service Paper Merchant Wholesalers industry is continuously evolving in response to changing market conditions, technological advancements, and shifting customer demands. Key trends currently impacting the industry include sustainable packaging, e-commerce, digitalization, and changing consumer preferences.Sustainable packaging is becoming increasingly important as environmental concerns continue to grow. Customers are seeking to reduce their carbon footprint by purchasing products that are environmentally friendly. This trend is leading to the development of new, sustainable packaging materials that are better for the environment.
E-commerce is another major trend impacting the Industrial & Personal Service Paper Merchant Wholesalers industry. Customers are increasingly turning to online channels to purchase products and services. This trend is leading to the development of new digital platforms and channels for marketing and sales.
Digitalization is also transforming the industry, with companies leveraging advanced technologies to improve their operations and customer experiences. For instance, companies are using automation and artificial intelligence to streamline their supply chains and enhance their customer service capabilities.
Finally, changing consumer preferences are driving increased demand for personalization and customization. Customers are seeking products that are tailored to their unique needs and preferences. This trend is leading to the development of new products and services that are designed to meet the specific needs of individual customers.
Product & Services Breakdown
Research products and services in the Industrial and Personal Service Paper Merchant Wholesalers industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
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Restaurant And Hotel Equipment And Supplies |
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Religious And School Supplies |
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General-Purpose Industrial Machinery, Equipment, And Parts |
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Industrial Containers And Supplies |
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Abrasives, Strapping, Tape, Ink, And Mechanical Rubber Goods |
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Janitorial Equipment And Supplies |
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Printing And Writing Paper |
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Other Printing And Writing Paper, Including Paper Used In Brochures, Catalogs, And Direct Mail |
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Office Paper, Office Supplies, Greeting Cards, And Labels |
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Office And Consumer Paper, Including Stationery |
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Other Office Supplies, Including Envelopes, Ruled Forms, And Labels |
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Paper And Plastic Products |
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Cardboard Boxes |
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Paper Dishes And Cups |
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Industrial Paper And Plastic For Packaging, Including Wrapping, Bags, And Cartons |
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Disposable Plastic Boxes, Containers, Cups, Dishes, And Supplies |
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Other Paper And Plastic Products |
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Household Paper And Plastic Products, Including Paper Towels And Napkins |
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Industrial Paper For Nonpackaging Applications |
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Personal Sanitary Paper Products, Including Paper Diapers And Feminine Hygiene Products |
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Pharmaceuticals, Pharmaceutical Supplies, Cosmetics, And Toiletries, Including Body And Hand Soaps |
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Soft Drinks, Bottled Water, Juices, And Nonalcoholic Beverages |
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Bottled Water |
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Grocery Specialties |
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Chemicals And Allied Products, Excluding Agricultural Chemicals, Plastics, Industrial And Natural Gases, Liquefied Petroleum (Lp |
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Detergents And Soaps, Excluding Body And Hand Soaps |
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Industrial And Institutional Sanitation Chemical Solutions, Polishes, And Waxes |
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Service Receipts And Labor Charges, Including Installed Parts |
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Advertising Specialties, Including Paper Novelties |
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Miscellaneous Commodities |
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U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) | |
|---|---|---|
| Total Revenue | Order at top of page |
|
| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Industrial and Personal Service Paper Merchant Wholesalers company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Industrial and Personal Service Paper Merchant Wholesalers industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Industrial and Personal Service Paper Merchant Wholesalers measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 9% | Order at top of page |
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| Chief Executives | 0% | |||
| General and Operations Managers | 4% | |||
| Business and Financial Operations Occupations | 6% | |||
| Sales and Related Occupations | 18% | |||
| Sales Representatives, Wholesale and Manufacturing | 14% | |||
| Sales Representatives, Wholesale and Manufacturing | 14% | |||
| Sales Representatives, Wholesale and Manufacturing, Except Technical and Scientific Products | 12% | |||
| Office and Administrative Support Occupations | 14% | |||
| Production Occupations | 5% | |||
| Transportation and Material Moving Occupations | 36% | |||
| Motor Vehicle Operators | 15% | |||
| Driver/Sales Workers and Truck Drivers | 15% | |||
| Heavy and Tractor-Trailer Truck Drivers | 8% | |||
| Material Moving Workers | 19% | |||
| Laborers and Material Movers | 17% | |||
| Laborers and Freight, Stock, and Material Movers, Hand | 8% | |||
| Stockers and Order Fillers | 7% | |||
Industrial and Personal Service Paper Merchant Wholesalers Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Industrial and Personal Service Paper Merchant Wholesalers industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Industrial and Personal Service Paper Merchant Wholesalers industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Industrial and Personal Service Paper Merchant Wholesalers industry. |
Source:
Innovation News
- Jan 29, 2024: Gourmet Home Products trademarks "GLAM ORG" - Household containers for storing and organizing makeup
- Jan 29, 2024: Gourmet Home Products trademarks "RESTEEL" - Bottles, sold empty; Drinking bottles for sports; Sports bottles sold empty; Vacuum bottles
- Nov 07, 2023: Sophistiplate trademarks "SIMPLY BAKED" - Functional and disposable entertainment products made of paper
Recent Federal Contracts for Industrial and Personal Service Paper Merchant Wholesalers- Apr 02, 2024: CAPP, INC. (Clifton Heights, PA) awarded $2,778
- Mar 21, 2024: JETCO PACKAGING SOLUTIONS LLC (Grand Rapids, MI) awarded $76,896
- Jan 11, 2024: RAINMAKER, INC. (Oakland Park, FL) awarded $5,018
- Apr 02, 2024: CAPP, INC. (Clifton Heights, PA) awarded $2,778
- Mar 21, 2024: JETCO PACKAGING SOLUTIONS LLC (Grand Rapids, MI) awarded $76,896
- Jan 11, 2024: RAINMAKER, INC. (Oakland Park, FL) awarded $5,018
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