Is the Kratom Wholesale Industry Growing?
Kratom, also known as mitragyna speciosa, is a tropical evergreen plant native to South Asia. This plant is known for its medical benefits and has been used since the 19th century in the treatment of various ailments. As a result, the market for the plant has been on the growth in recent times.
According to Botanical Education Alliance (BEA), the kratom market is estimated to be worth over five billion dollars, having grown from 1.2 billion in 2016. The growth has been linked to increases in wholesale purchases of kratom tablets. People prefer buying kratom for various reasons including economic value and environmental reasons.
To understand the reason why people are buying wholesale kratom, keep on reading.
What is Wholesale Kratom?
Wholesale kratom simply refers to purchasing kratom in large quantities. Traditionally, people would only purchase the quantity of kratom they need for a week or a month at most. With the realization of the economic value associated with kratom bulk purchases, the demand for wholesale kratom has gone up.
Kratom powder wholesale offers plenty of benefits to both the buyer and the seller. The buyer often gets to enjoy the most benefits. Further, bulk sales also benefit the environment and offer convenience for uses.
Key benefits of wholesale kratom:
- Buying in bulk is cheaper for the buyer than buying small quantities
- Buying in bulk reduces the time spent shopping
- Bulk purchases reduce emissions due to transportation of the product
- No need for excessive packaging which can also pollute the environment.
Transport vehicles contribute to global pollution by releasing greenhouse gases into the atmosphere. To cut such emissions, buyers can purchase products in bulk.
Why are People Buying Kratom in Wholesale
The demand for wholesale kratom has in most cases been driven by the COVID-19 pandemic. Before the pandemic, most people used to purchase kratom on a need-and-use basis. When the pandemic happened, it became apparent that relying on the regular supply chains for the product can be problematic.
To avoid the issues caused by supply chain inconsistencies, most people opted to buy kratom wholesale. The kratom powder wholesale is available online and through physical stores. This offers the user a reasonable way of accessing the product even at such hard times.
The Pros & Cons of Wholesale Kratom
Wholesale kratom purchasing pros outweigh the cons. To start with, if a person purchases kratom for the whole year, the benefits include saving huge amounts due to bulk purchases and convenience. The other benefits are environmental as mentioned.
Key benefits of kratom wholesale are as follows:
- Economic Value: Any product purchased in bulk is sold at a cheaper cost. The shipping costs are also reduced resulting in economic value for the buyer.
- Stock Convenience: Due to inconveniences such as the one caused by COVI-19, it is increasingly necessary to have the products needed in bulk. In case of such a situation, the available supplies should be used for a while.
- Long Shelf-Life: No need to worry about expiry, since most products including tablets and powder have a lifespan of over 2 years.
- Environmental Value: Reduced packaging and transportation are beneficial to the environment at large.
On the other hand, wholesale kratom may have disadvantages if purchased from the wrong supplier. For instance, kratom wholesale purchases made from a supplier selling expired products may lead to a bigger loss. Therefore, it’s necessary for the buyer to only shop from reliable entities with a proven track record.
Bulk Buying is the Trend for the Future
While bulk buying might only have been started by the COVID-19 pandemic, it is projected to be the trend for the future. Many people are quickly realizing the benefits of purchasing kratom in high quantities.
This is the reason why there has been a continued increase in bulk purchases, even after the market returned to normalcy in many parts of the world.
How to Find High-Quality Wholesale Kratom?
Most kratom powder reviews show that there are many untrusted vendors of the product. This has become a problem that many buyers do not know how to solve. With wholesale kratom, buyers can be sure of the quality of the product by purchasing from trusted and reliable sources.
At Austin Vibes, we are the one company that has been proven to supply third-party lab-tested kratom. We promote kratom wholesale and offer subsidized prices for customers who buy kratom wholesale. Contact the sales and supplies team by filling out our contact form today.