1. INDUSTRY SITUATION ANALYSIS

1.1 Dominant Economic Characteristics of the Industry Environment

• Market size: The Industrial Distribution industry was estimated to be $400 billion in 2001, but the industry has many sub-industries within it (16). To name a few, Home Improvement revenues were $73 billion in 2003, $5.1 billion for the Building Materials Wholesale industry, $61 billion for the Electronic Wholesale industry, $10.4 billion for the Industrial Equipment Wholesale industry, and $211 billion for the Basic Materials Wholesale Industry (14).
• Scope of competitive rivalry: All of the top ten companies in the industry have a national impact with their companies, although some have expanded into small international ventures in countries like Canada, Singapore, Mexico, and Puerto Rico. Some of the smaller but still large companies in the industry have a regional impact moving toward national (7).
• Market Growth Rate: The market growth rate from 2002-2003 was......

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Title: Fastenal Industry Situation Analysis
Approximate Word Count: 14838
Approximate Pages: 60 (250 words per double-spaced page)

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