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Tool & Hardware Wholesaling in South Dakota

Author.Name IBISWorld United States Last Updated: April 2025 NAICS SD42371

Tool & Hardware Wholesaling in South Dakota industry analysis

The Tool & Hardware Wholesaling 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 xx locations. Industry employment has increased an annualized x.x% to xx workers, while industry wages have increased an annualized 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 xx locations. Industry employment is expected to decrease an annualized -x.x% to xx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Tool & Hardware Wholesaling in South Dakota Market Research Report

What’s Included in the Tool & Hardware Wholesaling in South Dakota Market Research Report

Definition of the Tool & Hardware Wholesaling in South Dakota?

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 doesn't distribute nails, disposable plastic cutlery, hand tools for motor vehicles or hand tools for precision equipment.

What’s included in the Tool & Hardware Wholesaling in South Dakota?

The Tool & Hardware Wholesaling in South Dakota includes 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 wholesaling, plumbing and water heating equipment wholesaling and metal cutlery wholesaling. Related terms covered in the Tool & Hardware Wholesaling in South Dakota industry report includes a strategy implemented to improve profitability by reducing inventory and purchasing the raw materials that are needed for the immediate term only, the building, modifying or repairing of something without the aid of experts or professionals, a popular trend within wholesale in which operators supply goods directly to end user industries, reducing the reliance on the middleman and owning different parts of the supply chain, either in the form of forward integration (owning upstream suppliers) or backward integration (owning downstream buyers).

Industry Performance of the Tool & Hardware Wholesaling industry in South Dakota

Benchmark the Tool & Hardware Wholesaling in South Dakota industry performance with all SD county and national performance.

Tool & Hardware Wholesaling in South Dakota

#44 in Highest Revenue 0.1% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Tool & Hardware Wholesaling 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 Tool & Hardware Wholesaling industry in South Dakota

See how key industry drivers, such as population, median houshold income, new business formation, private spending on home improvements, consumer spending and industrial production index are impacting Tool & Hardware Wholesaling 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

Private spending on home improvements
Consumer spending
Industrial production index

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

County Data of the Tool & Hardware Wholesaling industry in South Dakota

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

Key Statistics of the Tool & Hardware Wholesaling 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 Tool & Hardware Wholesaling industry in South Dakota in 2025?

The market size of the Tool & Hardware Wholesaling industry in South Dakota is $84.4m in 2025.

How many businesses are there in the Tool & Hardware Wholesaling industry in South Dakota in 2025?

There are 18 businesses in the Tool & Hardware Wholesaling industry in South Dakota, which has been growing at an average annual rate of 5.2% from 2020 to 2025.

Has the Tool & Hardware Wholesaling industry in South Dakota grown or declined over the past 5 years?

The market size of the Tool & Hardware Wholesaling industry in South Dakota has been growing at an average annual rate of 1.4% from 2020 to 2025.

How many employees in the Tool & Hardware Wholesaling industry in South Dakota in 2025?

There are 74 employees in the Tool & Hardware Wholesaling industry in South Dakota, which has been growing at an average annual rate of 4.3% from 2020 to 2025.