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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 | Feb 2014

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

The Hardware Stores market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$23bn
Annual Growth 09-14
3.2%
Annual Growth 14-19
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Profit
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Employment
128,588
Businesses
14,443
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 who are looking to repair or improve their homes will purchase hardware from industry operators... purchase to read more

Industry Report - Industry Investment Chapter

Capital expenditure for this industry comes in the form of fixtures and fittings, such as display shelves and cash registers. Throughout the past decade, the industry has increased its level of capital expenditure owing to the introduction and implementation of point of sale (POS) systems. Prior to this technology, cash registers recorded sales. The introduction of POS systems has simplified labor tasks and minimized the number of employee mistakes. Further advances to the level of capital expenditure have come from the introduction, development and maintenance of websites for online sales.

Labor costs for this industry are incurred through the need to employ staff for company stores... 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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