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Tool & Hardware Wholesaling in the US: Market Research Report

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

Tool & Hardware Wholesaling Market Research Report | NAICS 42371 | Apr 2017

Tool up: Housing starts are anticipated to remain strong, driving demand for industry products

IBISWorld’s Tool & Hardware Wholesaling market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
Annual Growth
Industry Threats & Opportunities
  • Continued demand from construction and manufacturing markets will drive growth
  • A rising industrial production index has been central to the industry's revenue growth
  • Revenue will grow in light of rebounding demand from the manufacturing sector
  • ... purchase to read more

Industry Analysis & Industry Trends

Demand for Tool and Hardware Wholesaling industry services depends principally on the level of construction in the economy and secondarily on the vitality of manufacturing industries. After a slump in demand following the recession, downstream markets have rebounded, propelling industry revenue growth. Although the industry does not manufacture hardware, it adds value to end users by providing customized varieties of hardware at low prices. Still, depressed activity in downstream markets undercuts the need for hardware tools altogether, slashing industry revenue. Continued demand from construction and manufacturing markets is expected to drive further revenue growth in the five years to 2022... ... purchase to read more

Industry Report - Industry Products Chapter

In the past, hardware tools were mainly used to strengthen wood products and to ease their fabrication and assembly. However, hardware products today comprise a wide range of fixtures, fittings and equipment; they include keys, locks, hinges, latches, corners, handles, wire, chains, plumbing supplies, tools, utensils, cutlery and machine parts. Most hardware products are made of metals such as copper, steel and other alloy metals. Although plastics and other synthetic materials are increasingly being used to manufacture hardware tools, the wholesale of these products is not included in this industry.

Consequently, the major product groups distributed by this industry are fastening products, hand tools and power tools. The.. ... purchase to read more

Additional Insights for the Tool & Hardware Wholesaling Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Tool & Hardware Wholesaling Industry are

  • Proximity to key markets
  • Having contacts within key markets
  • Having a good technical knowledge of the product
  • IBISWorld analysts also discuss how external factors such as Housing starts and Demand from home improvement stores in the Tool & Hardware Wholesaling industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Tool & Hardware Wholesaling Industry?

    Operators in this industry purchase and distribute a range of hardware products, including hand tools, power tools, locks and keys, metal cutlery, fasteners and saw blades. Operators purchase these products in large volumes before distributing them in customized varieties and at competitive prices to retailers, other wholesalers and end-use industries. This industry does not distribute nails, disposable plastic cutlery, hand tools for motor vehicles or hand tools for precision equipment.

    Industry Products
    Hand tools and power toolsBolts, nuts, rivets and other fasteners (excludes nails)Plumbing and hydronic heating equipment Miscellaneous hardware
    Industry Activities
    Fastening product wholesaling (e.g. bolts, nuts, rivets and screws)Hand tool wholesaling (e.g. screwdrivers)Power hand tool wholesaling (e.g. drills)Saw blade wholesalingPlumbing and water heating equipment wholesalingMetal cutlery wholesaling

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Housing starts
  • Demand from home improvement stores
  • Industrial production index
  • National unemployment rate
  • Current Performance
  • Rapid housing construction
  • Vertical integration bolsters profitability
  • Chart: Revenue Growth
  • Industry Outlook
  • Construction and manufacturing activity
  • Industry landscape
  • Table: Tool & Hardware Wholesaling Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Tool & Hardware Wholesaling Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Electricians
  • Tile Installers
  • Flooring Installers
  • Roofing Contractors
  • Home Improvement Stores
  • Hardware Stores
  • Heating & Air-Conditioning Contractors
  • Key Selling Industries
  • Car & Automobile Manufacturing
  • Hardware Manufacturing
  • Storage & Warehouse Leasing
  • Products & Services
  • Bolts, nuts, rivets and other fasteners (excludes nails)
  • Hand tools and power tools
  • Miscellaneous hardware
  • Plumbing and hydronic heating equipment
  • Chart: Tool & Hardware Wholesaling Industry Products and Services Segmentation
  • Demand Determinants
  • Demand from households
  • Demand from construction
  • Major Markets
  • Retailers
  • Other wholesalers
  • Manufacturing and mining industries
  • Building contractors and heavy construction
  • Businesses and others for end use
  • Chart: Major Market Segmentation for the Tool & Hardware Wholesaling Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Tool & Hardware Wholesaling
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Tool & Hardware Wholesaling Industry
  • Industry Globalization
    Major Companies
    Stanley Black & Decker Inc.
    Ace Hardware Corp.
  • Table: Stanley Black & Decker Inc. - financial performance
  • Table: Ace Hardware Corp. - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Tool & Hardware Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Tool & Hardware Wholesaling Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Housing Starts (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
  • Building, modifying or repairing of something without the aid of experts or professionals.
  • Just-In-Time
  • A strategy implemented to improve profitability by reducing inventory and purchasing the raw materials that are needed for the immediate term only.
  • Retailer Bypass
  • A popular trend within wholesale where operators supply goods directly to end-user industries, reducing the reliance on the middleman.
  • Vertical Integration
  • Owning different parts of the supply chain, either in the form of forward integration (owning upstream suppliers) or backward integration (owning downstream buyers).

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Tool & Hardware Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Tool & Hardware Wholesaling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Tool & Hardware Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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