Subscribe Log in

Market Analysis

MDM Data: Distributors Report Challenging Margins, Market Competition

More than half of respondents in the 2Q24 Baird-MDM Distribution Survey indicated they characterized 2Q24 as slightly or much more competitive than a year earlier.

August 8, 2024

Share

Industrial distributors across several verticals are beginning to report pressure on margins as competition ramps up amid a softer demand. In our 2Q24 Baird-MDM Distribution Survey — which polled more than 500 respondents with an aggregate annual revenue of about $100 billion — 20% of them indicated they consider "aggressive competitive behavior/losing market share" as the biggest risk to their outlook forecasts in the second half of the year. Approximately 60% of respondents identified as representing a distributor, 30% as a manufacturer and 10% as other. Commentary by respondents indicated…

This is a Premium Article

Join NAW to read the full article — plus access to research, data, and intelligence.

As a member, you get:

  • Unlimited premium MDM articles, case studies, and monthly intelligence reports
  • Access to webcasts, podcasts
  • Exclusive whitepapers, research reports, and market data
  • Quarterly M&A, MarketPulse, and Economic Outlook reports
  • Access to NAW Nucleus, NAW SmartBrief, and NAW’s policy and leadership resources

The NAW Professional Membership is $850/year for individuals. It’s the fastest way to unlock this article — and everything else.

Unlock Premium Content


>> Explore all membership options

Related Articles

See More Articles