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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Retailing in North Macedonia
... were no significant lockdowns in this year and, with COVID-19 having less impact on the country, economic conditions improved, leading to greater purchasing power for consumers. The strong retailing performance in 2021 is largely thanks ... Read More
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MediaMarkt, Germany (Electricals) Shoppers Profile, Market Share and Competitive Positioning
... retailer’s shopper base, key performance indicators, sales and market shares Scope Strong service credentials and customer experience helps MediaMarkt attract new shoppers and retain its existing customer base COVID-19 affected the sales, but strong online ... Read More
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The Retail Market for Outdoor Furniture in the US - Industry Market Research Report
... The industry includes all end sales of patio and other outdoor furniture, including through e-commerce platforms, department stores and specialized outlets. Demand for relevant products generally moves in line with the real estate market, which ... Read More
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Home and Garden Specialist Retailers in Poland
... the channel was not subject to lockdown closures in 2020, stores were still required to close on weekends due to government restrictions, opening hours were limited to reduce the working time of employees, and the ... Read More
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Home and Garden Specialist Retailers in Hungary
... could implement themselves. This kept some consumers busy during the lockdown periods and generated extra sales for retailers. The sales of home and garden specialist retailers also received an immediate boost from a popular loan ... Read More
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Retailing in Hungary
... how to adapt quickly to sudden changes, such as new regulations on opening hours, lockdowns, and inventory management during stockpiling and panic-buying. These skills came in very useful for navigating their businesses through the further ... Read More
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Retailing in Laos
... the recent drop in disposable incomes, which also stimulated cross-border shopping. Traditional retailers dominate formal retailing, with modern retailing underdeveloped and catering exclusively to affluent urban dwellers interested in shopping as a leisure pursuit. Euromonitor ... Read More
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Retailing in Myanmar
... some outlets closed down altogether as they were unable to cope with decreasing revenues and increasing expenses (such as rent). Retailing in Myanmar is not expected to recover until the end of 2022 at the ... Read More
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Home and Garden Specialist Retailers in Nigeria
... travel remained restricted. This supported demand for home furnishings, especially among consumers with higher incomes. Nonetheless, consumer confidence remained low, particularly among middle-income consumers, while consumers on lower incomes continued to favour informal retailers for ... Read More
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Retailing in Israel
... Israelis stocked up on supplies for home consumption during the various lockdowns. On the other hand, non-essential store-based specialists were forced to close for certain periods at the height of the pandemic, leading to drastic ... Read More
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Home and Garden Specialist Retailers in Canada
... their gardens and purchase furniture, resulting in a surge in demand for related items. Some consumers used their surplus free time to carry out postponed home renovations, while others used money saved on travel and ... Read More
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Home and Garden Specialist Retailers in Israel
... an essential service during the second wave, and therefore, the channel did not experience such a significant drop in sales compared to homewares and home furnishing stores, with these outlets closed for a longer period ... Read More
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Home and Garden Specialist Retailers in Norway
... less on entertainment and socialising out of the house, this meant they had more money to spend on renovating their homes. In addition, the increased time spent at home meant that Norwegians had greater interest ... Read More
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Home and Garden Specialist Retailers in Denmark
... and had more time to spend on DIY projects. In 2021, however, as life returned to more normal, consumers chose to spend their money on experiences, such as travelling, dining out and concerts, instead of ... Read More
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Home and Garden Specialist Retailers in Taiwan
... local outbreak mid-year. Consumers reduced or delayed house purchases due to economic downturn and the stagnation of wages amongst Taiwanese consumers, and held off on refurbishment activity. While some people wanted to improve their homes ... Read More
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U.S. Office Furniture Market Size, Share & Trends Analysis Report By Product (Seating, Modular Systems, Desks And Tables), By Distribution Channel (Online, Offline), And Segment Forecasts, 2022 - 2030
... Trends The U.S. office furniture market size is expected to reach USD 22.2 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of ... Read More
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Retailing in Taiwan
... performances. Consumers reprioritised what was essential and switched to e-commerce more than ever before. Modern grocery retailers and electronics and appliance specialist retailers saw growth due to the greater demand for home cooking, working from ... Read More
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Retailing in New Zealand
... consumers have switched to shopping online – some for the first time – with this being partly due to a lack of access to some products in stores, but also due to concerns over potential ... Read More
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Home and Garden Specialist Retailers in Turkey
... amounts of time in their homes due to lockdown measures, particularly in the first six months of the year, and the pandemic was still having have broader effects in terms of restrictions and consumer behaviour. ... Read More
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Home and Garden Specialist Retailers in New Zealand
... with remote working measures, bathrooms and kitchens have witnessed increasing demand, particularly as the kitchen is the main hub of the home in the country. With local consumers unable to travel, they have been using ... Read More
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Home and Garden Specialist Retailers in Finland
... to projects. This surge in demand was especially noticeable in the first half of 2020 when consumers limited their movement more strictly during the first wave of the outbreak. In 2021, demand for products from ... Read More
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Home and Garden Specialist Retailers in Argentina
... fell significantly in 2021, as they also did in 2020. However, certain products performed better than others in 2020 and 2021, due to people spending significant amounts of time at home. Paint was one product ... Read More
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Home and Garden Specialist Retailers in Hong Kong, China
... traffic started to return to normal, although tourists remained absent. Shopping was a popular activity for Hong Kong consumers, as it had been a long time since people could shop safely in shopping centres and ... Read More
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Home and Garden Specialist Retailers in Mexico
... 2021, as the purchasing power of many local consumers was undermined by the economic shock of the pandemic. During 2020, home improvement and gardening stores were much less affected than homewares and home furnishing stores, ... Read More
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Home and Garden Specialist Retailers in Egypt
... current value sales of home and garden specialist retailers. In addition, Egyptians do not usually do home improvement projects themselves but hire workmen instead. However, restrictions on movement led to many projects being delayed, and ... Read More
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