Home Centers & Hardware Stores Market Research Reports & Industry Analysis

The home center and hardware store industry comprises stores that sell a wide spectrum of home maintenance and repairs items such as electrical goods, hardware, and a variety of tools. Home centers and hardware stores also often sell structural material and different forms of lumber for any home repairs, renovations, or construction. Those involved in the home center and hardware store industry typically buy product from manufacturers and wholesalers, and then proceed to retail the goods to independent consumers as well as professional contractors.

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.

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Home Centers & Hardware Stores Industry Research & Market Reports

  • The 2023-2028 World Outlook for Household Appliance Stores

    ... potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly ... Read More

  • The 2023-2028 World Outlook for Online Home Furniture

    ... potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly ... Read More

  • The 2023-2028 World Outlook for Auto and Home Supply Stores

    ... the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow ... Read More

  • Retailing in Angola

    ... period and the government focus on structural reforms, the outlook for modern retailing is positive. Moreover, young adults are becoming increasingly influential in shaping sales, with many preferring modern retailers. Euromonitor International's Retailing in Angola ... Read More

  • Home and Garden Specialist Retailers in Bulgaria

    ... home and garden specialist retailers rebounded very strongly in 2021 – exceeding their pre-pandemic peak. For many local consumers, less money spent on travel meant more focus on the home. Moreover, with a more stable ... Read More

  • Mixed Retailers in Bosnia and Herzegovina

    ... variety stores. Due to low number of players and competition, the importance of these channels is limited. Thus, the retail sales base is rather low and growth rates can be highly volatile and dependent on ... Read More

  • Home and Garden Specialist Retailers in Slovakia

    ... the pandemic, consumers postponed large scale home development projects or buying a home, due to uncertainty. Many consumers also switched to e-commerce, further affecting independent businesses. However, after COVID-19 related restrictions were eased in 2021, ... Read More

  • Home and Garden Specialist Retailers in the Czech Republic

    ... and 2021 many people took the opportunity to spend more time on home renovations, home improvement and gardening. With more time being spent at home this helped incentivise consumers to look to make improvements, including ... Read More

  • Retailing in Sri Lanka

    ... of the pandemic in 2020 and government measures imposed to control its spread created an unstable environment and a reduction in consumer confidence and spending power. However, an alleviation in the pandemic in 2021 and ... Read More

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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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