What is the Current State of the Wholesale Trade Industry?
The global wholesale trade industry is going through a large-scale digital transformation as B2B buyers and sellers can connect seamlessly like never before. The current landscape has shifted away from a selling system with many barriers, to a truly open system now that B2B relationships are easier to form all over the world. Many companies are taking this opportunity to expand their business into the global market.
This fact sheet is for B2B buyers and sellers interested in gaining insights into the global wholesale trade industry including:
- Discover what the top 10 wholesale trade shows in 2020 and 2021 are?
- What are the global wholesale industry trends in 2020?
BizVibe is already helping the top companies interested in wholesale trade connect. Connect with these companies and expand into a new market today.
Global Wholesale Industry Trends 2020
The main trend shaping up in 2020 in the global wholesale trade industry is a shift towards omnichannel selling from multichannel selling. The biggest difference between the two is that omnichannel selling is much more consumer-centric, more streamlined and the buying experience embraces digital technology more along the way.
The biggest wholesale industry trend of 2020 is that B2B buyers and sellers are looking to expand into global markets. With omnichannel selling taking over, the risks around expansion are fewer than ever before, so companies are looking to see which overseas markets are worth getting into and which ones provide the best opportunities going forward for business success.
Data-driven decision making
Businesses are increasingly using data to make informed business decisions regarding buying, selling, and logistics. This starts with planning and inventory management and goes all the way down the supply chain to get the best data possible to make these large-scale and strategic business decisions. Technology has moved forward to help everyone make prior informed data-driven decisions that are transparent and have you covered along the way based on empirical analysis.
Top 10 Wholesale Trade Shows in 2020 and 2021
What are the top 10 upcoming wholesale trade shows in 2020 and 2021? The following is a list of the top wholesale trade shows that you can attend to take your business to the next level.
1. ASD Market Week 2020
ASD Market Week is the largest and most comprehensive trade show for consumer merchandise in the United States. Twice a year in Las Vegas, the world’s widest variety of products comes together in one efficient 4-day shopping experience. On the show floor, retailers of all sizes discover quality choices at every price point. ADS Market Week 2020 will feature 2.7k+ exhibitors, over a million product lines in over 19 merchandise categories making it one of the largest trade whole tradeshows in the world.
- Attendees: 45,000
- Exhibitors: 2,700
- Industries: Wholesale, Retail
- Venue: Las Vegas Convention Center (LVCVA)
2. NY Now 2020
Number 2 on BizVibe’s list of the top 10 wholesale trade shows of 2020 is NY Now 2020. NY Now 2020 is a modern wholesale trade show for retailers and specialty buyers looking to source a diverse range of products and brands with an emphasis on design and discovering what’s new.
- Attendees: 25,000
- Exhibitors: 2,300
- Industries: Retail, Wholesale, Consumer Goods, Food & Beverages, Apparel & Fashion
- Venue: Jacob K. Javits Convention Center
3. SuperZoo 2020
Coming in 3rd is the national show catered to the top pet retailers. SuperZoo is more than just a tradeshow, it’s a marketplace at the crossroads of pet culture and pet business. This is where the pet industry from around the world comes together to network, learn and walk away smarter and stronger than when they arrived. It’s a pet’s world. SuperZoo is one of the largest wholesale trade shows around.
- Attendees: 3,500
- Exhibitors: 1,200
- Industries: Wholesale, Consumer Goods, Retail, Pet
- Venue: Mandalay Bay Convention Center
4. Denver Apparel and Accessory Market
The Denver Apparel & Accessory Markets are held five times a year and feature several amenities to educate, inspire and propagate collaboration between buyers, exhibitors, and industry leaders. Denver is the ideal market place for buyers to find new products in the top categories including; Made in the USA, Women’s Contemporary, Athleisure, Eco-Friendly Accessories, One-of-a-Kind and Immediate Release Goods.
- Attendees: 500
- Exhibitors: 130
- Industries: Wholesale, Apparel, Accessories
- Venue: Denver Merchandise Mart Complex
5. OFFPRICE Show 2020
5th on the list of the top 10 wholesale trade shows of 2020 is The OFFPRICE Show, the leading B2B, order-writing trade show for retailers, featuring quality merchandise in the latest styles and trends at value-based pricing. 450 exhibitors sell apparel, footwear, and accessories in a variety of categories for men, women, and children. Internationational buyers are represented by 34% Canadians, 20% from Mexico, and 15% from Puerto Rico.
- Exhibitors: 450
- Industries: Textile, Consumer Goods, Apparel & Fashion, Wholesale
- Venue: The Venetian
6. SPINEXPO Paris – Autumn/ Winter 19 2020
6th on the list of the best wholesale trade shows of 2020 is SPINEXPO Paris, the leading international industry sourcing exhibition dedicated to innovation in yarns, fibers, and knitwear. Exhibitors will feature AA Global China Ltd, Best Leader (Taicang) Co. Ltd, Cavo Design Studio, and Esquel Enterprises Limited.
- Attendees: 800
- Exhibitors: 70
- Industries: Apparel & Fashion, Textiles, Wholesale
- Venue: Carrousel du Louvre
7. International Trade Convention 2020
ITC is a key networking event of the Mobile Phone, IT & Consumer Electronics Industry, bringing together renowned retailers, distributors, traders, resellers and wholesalers from all over the world.
- Industries: Wholesale, Retail, Business Supplies, and Equipment, Consumer Goods
- Venue: Hilton Malta
8. Apparel Textile Sourcing Canada
8th on the list of the top 10 best wholesale trade shows of 2020 is Apparel Textile Sourcing Canada. Apparel Textile Sourcing trade shows are a global industry destination that provides a platform for the world’s apparel and textile executives to connect, learn and establish strategic relationships to scale their business. These shows provide opportunities for thousands of buyers and retailers to meet hundreds of manufacturers from the world’s most influential apparel and textile producing countries.
- Exhibitors: 500
- Industries: Apparel & Fashion, Textiles, Wholesale
- Venue: The Toronto Congress Centre
9. Sourcing at Magic
Sourcing at Magic is your link to the entire global supply chain. This incredible source of inspiration, education, innovation, and resources is what keeps fashion moving. With over 40 countries represented, this must-see destination attracts designers, brands and retailers alike to discover what they need to move their business forward.
- Industries: Apparel Manufacturing, Textiles, Technology, Wholesale
- Venue: Las Vegas Convention Center
10. Retail X
RetailX is the ultimate resource for e-retailers looking to gain an edge in the integrated age of retail. Featuring GlobalShop at RetailX, SmartRetail and Retail TouchPoints Live!, RetailX delivers exactly what you need to establish market share through blended business models that straddle the divide between online and offline. Not only will you have the opportunity to see what physical retailers are doing to elevate the shopper-facing experience and integrate RFID technology, but you’ll gain the knowledge necessary to take the next step in retail’s evolution and fully engage as a dominant omnichannel presence.
- Exhibitors: 600
- Industries: Business, Technology, Wholesale
- Venue: McCormick Place West
This is BizVibe’s list of the top 10 upcoming wholesale trade shows in 2020 and 2021. Typically you will find representatives from the leading global companies at these events such as the Director of Supply Chain, Senior Director of Logistics, or SVP of Operations. Check out BizVibe to keep track of these trade shows and its exhibitors.
The Future of the Wholesale Trade Industry
Looking past 2020, the future of the global wholesale trade industry looks promising as the leading wholesale trade shows continue to be a popular place to network. In addition to the popularity of wholesale trade shows, technology is making sure we are more connected than ever at a B2B buying and selling level — truly opening the gates to a global market.