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Hardware Stores in South Dakota

Author.Name IBISWorld United States Last Updated: August 2025 NAICS SD44413

Hardware Stores in South Dakota industry analysis

The Hardware Stores industry in South Dakota is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xxx locations. Industry employment has increased an annualized x.x% to xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xxx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Hardware Stores in South Dakota Market Research Report

What’s Included in the Hardware Stores in South Dakota Market Research Report

Definition of the Hardware Stores in South Dakota?

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

What’s included in the Hardware Stores in South Dakota?

The Hardware Stores in South Dakota includes hardware, plumbing fixtures and supplies, electrical supplies, hand tools and equipment, power tools and equipment, dimensional lumber and other building materials and supplies and paint and sundries. Related terms covered in the Hardware Stores in South Dakota industry report includes a retail store that is differentiated by its sheer size and large range of products, including electronics, household goods and other consumer products, a category of customers who complete tasks and projects on their own that would generally be outsourced to a business or service provider, such as home renovations, a category of customers who typically purchase materials themselves and hire third parties or professionals to complete the projects, the transmission of electronic documents between businesses from one computer system to another, a jointly owned, vertically integrated organization that produces and distributes goods for the benefit of the owners, a business that is owned and operated in a single location with few or no employees other than the owner or owners and a system used at checkout in retail stores using computers and cash registers to capture transaction data at the time and place of sale.

Industry Performance of the Hardware Stores industry in South Dakota

Benchmark the Hardware Stores in South Dakota industry performance with all SD county and national performance.

Hardware Stores in South Dakota

#40 in Highest Revenue 0.5% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Hardware Stores in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Hardware Stores industry in South Dakota

See how key industry drivers, such as population, median houshold income, new business formation, per capita disposable income, private spending on home improvements and number of households are impacting Hardware Stores in South Dakota

South Dakota Economic Indicators

Population
Median Houshold Income
New Business Formation

View more economic information in SD State Economic profile

US Key External Drivers

Per capita disposable income
Private spending on home improvements
Number of households

For the full list of industry drivers, see report purchase options.

County Data of the Hardware Stores industry in South Dakota

Access proprietary data on county in the Hardware Stores in South Dakota, such as Minnehaha County, Pennington County and Beadle County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Hardware Stores industry in South Dakota

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Hardware Stores industry in South Dakota in 2025?

The market size of the Hardware Stores industry in South Dakota is $218.3m in 2025.

How many businesses are there in the Hardware Stores industry in South Dakota in 2025?

There are 110 businesses in the Hardware Stores industry in South Dakota, which has been growing at an average annual rate of 0.2% from 2020 to 2025.

Has the Hardware Stores industry in South Dakota grown or declined over the past 5 years?

The market size of the Hardware Stores industry in South Dakota has been growing at an average annual rate of 0.1% from 2020 to 2025.

How many employees in the Hardware Stores industry in South Dakota in 2025?

There are 978 employees in the Hardware Stores industry in South Dakota, which has been growing at an average annual rate of 5.8% from 2020 to 2025.