NetPlus Alliance distributors report optimism for 2025
NetPlus Alliance distributor members are optimistic about full-year sales for 2024 and anticipate continued growth in 2025, according to the latest NetPlus Alliance Industry Outlook, a quarterly report based on a survey of NetPlus members.
The NetPlus Alliance Industry Outlook tracks business results and trends in the industrial and contractor supply markets. The latest quarterly survey was completed in October 2024, and the outlook was based on third-quarter results of 2024.
About two-thirds of respondents expected to see growth in 2024, and the majority forecast 2025 sales will outperform those in 2024, largely due to election results, branch expansion, and increased customer activity.
For the fourth quarter, distributors’ purchases from NetPlus suppliers were up 10%.
“The true strength of NetPlus lies in its members," said President and CEO Jennifer Murphy. "I am incredibly proud of their vision, resilience, and unwavering commitment to growth. Many have been actively investing in their teams and operations to ensure a successful year ahead. I’m excited for all that 2025 will bring.”
INDUSTRIAL SUPPLY MAGAZINE
The November/December issue of Industrial Supply magazine features an in-depth cover story about Kimball Midwest. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and Mike Marks, as well as interviews with numerous product and distribution industry experts.
