Home Centers & Hardware Stores Market Research Reports & Industry Analysis
Distributors in the home center and hardware store industry act as liaisons between the consumers and manufacturers. Companies purchase products in bulk from many different manufacturers, and then retail them in smaller quantities to consumers. In this way, consumers can purchase different items from different manufacturers. Products bought in bulk may consist of cables, connectors, bolts, networking materials, screws, or wiring devices.
There are an assortment of factors that drive demand and profits for this industry: home remodeling and repair, construction, hardware retailing, new home building, and telecommunications all require products retailed in this industry. Overall revenue depends on efficient management of a company’s inventory, as well as use of effective advertising strategies. Large companies have an advantage in that their distribution networks are expansive, and as such they can provide consumers with a wide selection of products and services. Smaller businesses prioritize providing specialty items, stocking products they know their consumers need, and providing excellent customer service. Individual operators rely on obtaining quality products at a lower cost, strategic merchandising, and competitive prices.
Home Centers & Hardware Stores Industry Research & Market Reports
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Home and Garden in Poland
... sales data (historic date range), allowing you to identify the categories driving growth. It also identifies the leading companies and their brands, and offers strategic analysis of key factors influencing demand - from new product ... Read More
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Gardening in Thailand
... show an interest in gardening as restrictions meant that for many people their gardens and outdoor spaces became something of a sanctuary. While restrictions were lifted in 2022 as COVID-19 fears subsided there remained an ... Read More
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Home Improvement in Indonesia
... 2020 has led many Indonesians to the conclusion that they need to refresh their homes to improve their living spaces. Painting one’s home has certainly emerged as a highly cost-effective and easy way to achieve ... Read More
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Home Improvement in Thailand
... remained reluctant to have workers in their home due to the perceived risk of contracting the virus. The temporary closure of retail outlets also played a role, as did the economic shock of the pandemic, ... Read More
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Home Improvement in South Korea
... the pre-pandemic (2019) level by both measures. Due to inflation and price pressures, South Korean consumers chose not to undertake major discretionary expenditure in 2022, which dampened demand for home improvement categories such as bathroom ... Read More
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Home and Garden in Japan
... improvement, homewares and gardening all witnessed notable current value growth in this year, although home furnishings saw a marginal decline. Sales remained strong in most categories in 2021, since many consumers continued making improvements to ... Read More
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Gardening in South Korea
... the previous year, and saw demand in both current terms and at constant 2022 prices remain higher compared with the pre-pandemic levels. Horticulture categories, such as indoor plants, seeds, and other horticulture, as well as ... Read More
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Home Improvement in Japan
... with the pre-pandemic period in 2019, owing to the increased appetite amongst Japanese consumers to renovate their homes, triggered by the first year of the pandemic and the do-it-yourself (DIY) trend. During the pandemic, consumers ... Read More
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Home Improvement in Taiwan
... to a growing consumer awareness of the negative impact of non-biodegradable synthetic materials used in carpet production on the environment which led some consumers to refrain from buying these items. By contrast, floor tiles, which ... Read More
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Home Improvement in Canada
... with people also spending more time at home due to the work-from-home and hybrid working scenarios post-pandemic. In addition, the growing trend towards wellness and self-care has led to an increased demand for luxurious bathroom ... Read More
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Gardening in Switzerland
... demand in 2022 compared to pre-pandemic levels. The offering of electric or battery-powered tools helped brands attract customers looking for efficient and sustainable solutions. Garden vacuums by Bosch also proved popular power tools preferred by ... Read More
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Home Improvement in Taiwan
... to a growing consumer awareness of the negative impact of non-biodegradable synthetic materials used in carpet production on the environment which led some consumers to refrain from buying these items. By contrast, floor tiles, which ... Read More
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Home and Garden in Switzerland
... was the country's inflation rate, which stood at around 2.8%, while Switzerland typically experiences an inflation rate below 1%. This inflation rate increase led to a decrease in consumer spending, particularly on non-essential items, such ... Read More
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Home Improvement in China
... environment. Carpets provide a soft and warm surface to walk on and can make a room feel more inviting and relaxing. Hence, current value sales of carpets continued to grow in 2022. The pandemic also ... Read More
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Home and Garden in China
... consumers’ spending patterns. With lockdowns, travel restrictions, and social distancing measures in place, many businesses were forced to close, resulting in job losses and decreased incomes for many individuals. As a result, many consumers reduced ... Read More
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Home and Garden in the United Arab Emirates
... Meanwhile, sales were slightly higher compared with the pre-pandemic level (2019) in current terms, but lower in constant terms. This can be attributed to shifts in the industry based on external factors such as economic ... Read More
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Retail in Serbia
... and international retailers have been investing in expanding their operations in order to gain share over the competition in a rapidly growing market. Serbia in general is attracting foreign investment in its retail market – ... Read More
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Home Improvement in Turkey
... improvement projects. As such, demand in the category declined in value terms at constant 2022 prices, and sales were lower in 2022 than pre-pandemic (2019) by the same measure. Euromonitor International's Home Improvement in Turkey ... Read More
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Homewares in Turkey
... value terms at constant 2022 prices declined overall. In the face of high prices, consumers reduced the frequency with which they replaced dinnerware, amongst others. Furthermore, in the face of price increases for tin, aluminium, ... Read More
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Homewares in India
... to spend much time improving their homewares. Consumers also preferred minimalistic and clutter-free homes, which negatively affected the demand for homewares. As a result, homewares categories such as dinnerware, cookware, and food storage saw declines ... Read More
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Home and Garden in India
... 5.8% in 2022, encouraged consumers to be mindful of their purchases and spending. Nevertheless, Indian consumers still prioritised their homes and gardens, which drove growth. Euromonitor International's Home and Garden in India report offers a ... Read More
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Home Improvement in India
... to notice the need for home repairs and renovation. This resulted in a surge in demand for home paint in current value terms and value terms at constant 2022 prices over the period 2019-2022, as ... Read More
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Home and Garden in Hong Kong, China
... in the city. Social distancing rules, retail store closures, supply chain disruptions and a contracting housing market combined to dampen growth rates in 2022. Euromonitor International's Home and Garden in Hong Kong, China report offers ... Read More
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Home Improvement in France
... factor driving the popularity of cordless drills is their high portability, as they are not restricted to being connected to an electrical outlet. Additionally, the absence of a cord eliminates the risk of tripping over ... Read More
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Home Improvement in Germany
... their homes attractive, especially for social gatherings and during festive seasons, are primary drivers for the increasing value sales of wooden flooring. Parquet floors are in demand as they are made from natural materials, with ... Read More
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