Hardware Stores in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hardware Stores Market Research Report | NAICS 44413 | Sep 2014

Hammered down: Big-box stores will inhibit growth, but consumer demand will improve

IBISWorld’s Hardware Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 09-14
Annual Growth 14-19
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Industry Analysis & Industry Trends

The industry will continue to face challenges, despite an improving economy. Competition from big-box home improvement stores will threaten operators, with consumers choosing to make purchases from stores that offer a large variety of products and convenience. The recovering housing market will boost demand, however, as consumers look to repair or improve their homes and purchase hardware from industry operators... purchase to read more

Industry Report - Starting a New Business Chapter

This industry has a medium level of concentration, with the top three players accounting for 65.0% of market share in 2014. These top three cooperatives have more than 13,500 stores, and likely benefit from higher margins resulting from economies of scale and favorable supplier contracts. New retailers are unlikely to match the buying power of these collectives, presenting a significant barrier to any entrant. Also, the availability of suitable property to build new stores is a barrier to entry. According to the North American Retail Hardware Association, a provider of information for hardware stores, the average size of a hardware store's selling area is about 9,000 square feet which is a relatively large for retail spaces... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Hardware Stores Industry?

Companies in this industry primarily retail a broad range of new home renovation equipment and supplies. Hardware, plumbing, electrical and paint-related tools are the most commonly stocked goods.

Industry Products
Hardware, tools, plumbing and electrical suppliesLawn, garden and farm suppliesPaint and sundriesLumber and other building materials
Industry Activities
Retailing hardwareRetailing tools and equipmentRetailing plumbing fixtures and fittingsRetailing electrical suppliesRetailing paint and suppliesRetailing garden products and equipment

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