The Commission-Based Wholesaling sector in Australia experienced notable growth between 2013 and 2023, with value increasing from 1.74 billion AUD to 3.56 billion AUD in 2023. The year-on-year growth varied significantly, with a peak in 2022 at 26.15% and a modest 1.6% in 2023. Over the last two years (2022-2023), the sector grew at an average annual rate of 13.88%. The five-year CAGR from 2019 to 2023 was 9.18%, indicating robust growth driven by economic recovery and market expansion. Looking forward, the sector is forecasted to grow at a CAGR of 4.74%, reaching 4.82 billion AUD in 2028.
Future trends to watch for include the impact of digital transformation on wholesaling processes, shifts in consumer behavior affecting demand, and the potential economic volatility that could influence commission rates and overall market stability.
