NetPlus Alliance members remain optimistic — despite some uncertainty — regarding expected growth in 2025, according to the industrial distribution buying group’s latest Industry Outlook report.
The report was based on a survey of NetPlus members conducted in January and was based on fourth quarter results. The resulting report tracks business results and trends in the industrial and contractor supply markets.
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Approximately 87% of respondents forecast sales growth in 2025, and approximately 3% expected potential losses. However, concerns regarding rising costs due to tariff policies were emphasized in the survey results, though some distributors were “adopting a wait-and-see approach.”
In its latest quarterly survey, NetPlus Alliance reported a 14.6% increase in distributors’ purchases from Netplus suppliers for the quarter and a 12% increase for the year. Growth was attributed to expansion or investing in personnel and building critical relationships.
“Through exponential growth and economic challenges alike, NetPlus remains focused on nurturing strategic partnerships,” NetPlus Alliance President & CEO Jennifer Murphy said in a March 10 news release. “We are committed to providing our distributor members and supplier partners with the resources to build stronger relationships and plan together toward mutual growth. While industry-wide challenges may bring uncertainty, we know we can count on our group to lean in and, as we say, keep it rolling.”
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