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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Paint Stores in the US - Industry Market Research Report
... consumer spending, has driven the industry. The pandemic led to a surge in home improvement as consumers spent more time at home, leading to a renewed focus on creating comfortable living and working spaces. Overall, ... Read More
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Appliances and Electronics Specialists in Ukraine
... the Russian invasion. Because the types of goods such outlets sell tend to be comparatively expensive and have longer usage lives, they have been particularly exposed as heightened economic uncertainty and the erosion of purchasing ... Read More
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Home Products Specialists in Ukraine
... need for construction equipment and materials as people rebuilt and repaired homes and business premises damaged by Russian bombs or attempted to fortify them against future attacks. Similarly, frequent electricity outages caused by the destruction ... Read More
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Where Consumers Shop for Home and Garden
... Compact urban stores to be close to new footfall patterns, phygital stores, drive-through and self-checkout were some of the innovations gaining investment in the realm of store-based retailing. The incorporation of AR/VR tools in online ... Read More
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Home Products Specialists in Israel
... home prices rise, which demonstrates a surge in demand for housing. In turn, this means demand for new furniture – notably so with living room furniture. The demand for high-quality, modern, living room furniture has ... Read More
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Home Products Specialists in Chile
... pre-pandemic levels. Independent players in the channel, which dominate in terms of outlet numbers, struggled to remain competitive during the year, with many entrepreneurs present. Euromonitor International's Home Products Specialists in Chile report offers insight ... Read More
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Home Products Specialists in Hong Kong, China
... and home furnishings stores saw another year of falling sales. In 2023, sales in the latter channel dropped to their lowest level since the global financial crisis in 2008, as prices slumped, according to Hong ... Read More
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Home Products Specialists in Brazil
... partners in Tok & Stok – the private equity fund Carlyle and the founding Dubrule family – needed to mount a quick operation to avoid a bankruptcy filing. The company blamed its problems on that ... Read More
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Home Products Specialists in Indonesia
... and timeless designs. Luxury product enthusiasts are looking for products that combine high quality materials, unique designs and extraordinary craftsmanship, and this includes when they are choosing luxury furniture. Due to the high rate of ... Read More
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Home Products Specialists in Poland
... of home improvement and gardening stores and homewares and home furnishing stores was depressed as Poles postponed or scaled back home renovation and interior design plans due to the rapidly rising cost of living, interest ... Read More
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Home Products Specialists in Italy
... continued to invest in their domestic spaces in 2023 with this trend being boosted by Italy’s superbonus government initiative which provided financial help to consumers who were looking to make their homes more energy efficient. ... Read More
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Home Products Specialists in Finland
... budgets were allocated to more essential goods and services. Consumer lifestyles have largely normalised in Finland since the pandemic, with people returning to work more often in offices, going out more, and travelling more. As ... Read More
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Home Products Specialists in New Zealand
... decline. During the COVID-19 pandemic, closed borders and a relatively stable economy meant that discretionary spending was robust. Consumers unable to spend on overseas travel or entertainments shifted to domestic retail, with a focus on ... Read More
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Home Products Specialists in China
... came to non-essential products, foot traffic reduced in stores, some stores temporarily closed, and sales increased online. However, living at home during the quarantine periods made more and more consumers aware of the importance of ... Read More
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Home Products Specialists in Australia
... pandemic, creating a number of challenges, including trade disruptions, port congestion, and soaring freight rates. This scenario started to improve in 2023, along with an easing of timber shortages. Euromonitor International's Home Products Specialists in ... Read More
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Home Products Specialists in Greece
... Naterial store, a showroom that offers the retailer’s exclusive garden and balcony items, in Greece. The opening followed pilot stores in Mallorca and Barcelona, and the opening of stores in Portugal, Georgia, Uruguay and Leroy ... Read More
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Home Products Specialists in Romania
... began during home seclusion and the outbreak of COVID-19. Having forged an interest, in 2023, Romanians have continued to invest in their homes, although at a lower rate than during the pandemic. This is due ... Read More
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Home Products Specialists in Turkey
... power. There were also no opening of outlets. Homewares and home furnishings fared much better, with double-digit constant value growth. Euromonitor International's Home Products Specialists in Turkey report offers insight into key trends and developments ... Read More
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Egypt Home Products Specialists
... Scandinavian comfort to the Egyptian furniture scene. The mission is to introduce modern furniture and home accessories with a Nordic influence. This concept is informed by Scandinavian “happy living” values. In this vein, Nordica aims ... Read More
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Home Products Specialists in Belgium
... consumers remaining nervous about the economy, this translated into a sense of conservatism when it came to discretionary spending, with many Belgians choosing to postpone large purchases, such as home improvements. Euromonitor International's Home Products ... Read More
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Home Improvement Markets in China
... maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and capital investment for over two decades. This new study examines China's economic trends, ... Read More
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Home Products Specialists in Colombia
... due to the economic environment prioritised essential products such as groceries. With consumers still wanting to be fashionable and pamper themselves as much as they could, clothing and beauty categories also benefited to an extent ... Read More
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Home Products Specialists in the Netherlands
... of the wider impact of their purchasing decisions including when it comes to home products, some of which are seen to be a potential source of CO2 emissions. In line with this trend Gamma has ... Read More
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Home Products Specialists in Peru
... unit prices and shoppers are having to paying more for these goods. Many families have reduced their spending and buy only the products they need most or have opted for less expensive items. Even with ... Read More
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Home Products Specialists in Portugal
... DIY and decoration options, while pet shops, superstores, home improvement, and gardening stores continued their growing trend. Euromonitor International's Home Products Specialists in Portugal report offers insight into key trends and developments driving the industry. ... Read More
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