Industry Analysis & Industry Trends
The Heavy Duty Truck Parts Wholesalers industry sells locally and internationally made truck parts to retailers and repair stores, for use in the repair and maintenance of trucks. The industry, while separated from the Road Freight Transport industry by intermediaries, depends on final demand from truck drivers for parts. Growing freight transport demand, an old vehicle fleet and increases in the number of trucks on the road favour the industry. The performance of the Heavy Duty Truck Parts Wholesalers industry depends on demand from final markets, such as the Road Freight Transport industry. Road freight companies tend to use more trucks than any other industry. These trucks are often large, articulated trucks transporting heavy loads... purchase to read more
Industry Report - Starting a New Business Chapter
The industry has medium barriers to entry, which relate to the need to build relationships with suppliers and customers, as well as the capital required to start operating. All large industry participants have strong relationships with overseas-based manufacturers of heavy truck parts. This enables industry participants to sell products to brand-affiliated dealerships and repair stores. Even minor players have relationships with international manufacturers, although they struggle to compete on price with vertically integrated global companies. Such smaller operators need to establish relationships with multiple brands to compete on range.
The majority of a wholesaler's cost structure is made up of purchase expenses... purchase to read more