Industrial Distributors Predict 4% Growth in 2019, According to Baird Survey

2019 Industrial Distributor Growth by Rivet MRO Industrial Marketing Agency and Distributor Co-op Marketing Consultant.png

Industrial Distributors surveyed by Baird think they will continue to grow in 2019, albeit at a slower pace of 4% vs 5.9% last year.

Here are some of the highlights of the 2019 Distribution Industry Outlook:

  • 2018 Q4 revenues were up 5.9%, 2019 Q1 outlook is +4.1%

  • General MRO was up 6.8% in 2018

  • Metalworking/Cutting Tools was up 5.9%

  • Safety was up 7%

  • Industrial Supply pricing was up 2%

  • Fasteners were up 4%, expecting continued increases in 2019, especially if tariffs go up to 25%

Expected 2019 trends:

  • Industrial Supply outlook for 2019: up  4% (decelerated growth)

  • Safety: +3.8%

  • OEM Fasteners: +3.4%

  • General MRO: +4.0%

  • Facilities Maintenance/Jan-San MRO: +4.5%

  • Metalworking/Cutting Tools: +5.1%

  • Electrical: +4.0%

Click here for the MDM article on the survey.

Click here to access a recording of the webcast.