Market Overview:
The global hardware and home improvement retailers market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The hardware and home improvement retailers market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into door hardware, building materials, kitchen and toilet product, others. Door hardware dominates the Hardware & Home Improvement Retailers Market with a share of more than 50%. On account of increasing demand for renovation activities in residential properties across different regions worldwide; door hardware category is projected to witness highest growth rate during forecast period 2018-2030. On basis of application, online marketing dominates Hardware & Home Improvement Retailers Market with more than 60% share in terms revenue generated in 2017 followed by offline marketing which accounted for nearly 40%.
Product Definition:
Hardware & Home Improvement Retailers are stores that sell hardware supplies, such as tools and building materials, as well as home improvement products, such as appliances and furniture. These retailers can be important sources of revenue for local communities, providing jobs and generating tax revenue. They may also offer services such as home repairs or installation.
Door Hardware:
Door hardware is the part of home appliances that controls and monitors opening and closing of doors, windows, cupboards as well as provides safety from fire. Hardware & Home Improvement Retailers market includes products such as handles, knobs, locksets which are used in door hardware. The growth factor for this market is increasing demand for energy-efficient products along with technological advancements in the industry.
Building Materials:
Building materials are the products that are used for construction purposes. These products include hardware and building materials such as doors, windows, cabinets, countertops, flooring & carpets; insulation materials such as fiberglass; electrical components including outlets & switches and plumbing fixtures among others. Hardware is further segmented into hinges, latches & handles while home improvement retailer's product segment includes paints & stains among others.
Application Insights:
Offline marketing accounted for the largest revenue share of over 70% in 2017. Offline channels are still widely used as many consumers prefer to buy products from stores rather than online. However, online marketing is expected to grow at a significant rate over the forecast period due to increasing consumer preference for purchasing goods through internet instead of going into a physical store.
Hardware and home improvement retailers use various offline and online strategies such as TV, radio, print advertisements and social media posts to promote their brands and attract consumers looking for new hardware or renovation projects at home. Increasing competition among retailers is driving them towards using all available offline channels while advertising their brand name which includes door-to-door contact by sales representatives or local vendors delivering the product directly into customer¢â‚¬â„¢s homes.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing construction activities in emerging economies, such as China and India. For instance, according to a research paper published by Oxford University Press in 2017, China’s real estate sector is likely to witness significant growth over the coming years owing to various factors including rising population and demand for housing from an increasingly urbanized population. This will drive hardware retailers in these countries.
North America was valued at USD X billion in 2017 and is projected to grow at a CAGR of XX% from 2018 To 2030 owing high product penetration due mainly of building materials retail chains like Home Depot & Lowes which are present across U.S.
Growth Factors:
- Increasing demand for home improvement products and services
- Rising income levels of consumers
- Growing popularity of do-it-yourself (DIY) projects
- Proliferation of online retail channels
- Expansion of brick-and-mortar stores into new geographic markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Hardware & Home Improvement Retailers Market Research Report
By Type
Door Hardware, Building Materials, Kitchen And Toilet Product, Others
By Application
Online Marketing, Offline Marketing
By Companies
Home Depot, Lowe’s, Inside Tweedy and Popp Hardware, Ace Hardware, Rona, Canadian Tire, Homebase, Wickes, Bauhaus, Bricostore, Praxis, Alibaba, EBay, Amazon, Bunnings Warehouse
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Hardware & Home Improvement Retailers Market Report Segments:
The global Hardware & Home Improvement Retailers market is segmented on the basis of:
Types
Door Hardware, Building Materials, Kitchen And Toilet Product, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Marketing, Offline Marketing
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Home Depot
- Lowe’s
- Inside Tweedy and Popp Hardware
- Ace Hardware
- Rona
- Canadian Tire
- Homebase
- Wickes
- Bauhaus
- Bricostore
- Praxis
- Alibaba
- EBay
- Amazon
- Bunnings Warehouse
Highlights of The Hardware & Home Improvement Retailers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Door Hardware
- Building Materials
- Kitchen And Toilet Product
- Others
- By Application:
- Online Marketing
- Offline Marketing
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hardware & Home Improvement Retailers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hardware & Home Improvement Retailers are businesses that sell hardware, home improvement products, and other related items.
Some of the major players in the hardware & home improvement retailers market are Home Depot, Lowe’s, Inside Tweedy and Popp Hardware, Ace Hardware, Rona, Canadian Tire, Homebase, Wickes, Bauhaus, Bricostore, Praxis, Alibaba, EBay, Amazon, Bunnings Warehouse.
The hardware & home improvement retailers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hardware & Home Improvement Retailers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hardware & Home Improvement Retailers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hardware & Home Improvement Retailers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hardware & Home Improvement Retailers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hardware & Home Improvement Retailers Market Size & Forecast, 2020-2028
4.5.1 Hardware & Home Improvement Retailers Market Size and Y-o-Y Growth
4.5.2 Hardware & Home Improvement Retailers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Door Hardware
5.2.2 Building Materials
5.2.3 Kitchen And Toilet Product
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Online Marketing
6.2.2 Offline Marketing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hardware & Home Improvement Retailers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hardware & Home Improvement Retailers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Door Hardware
9.6.2 Building Materials
9.6.3 Kitchen And Toilet Product
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Online Marketing
9.10.2 Offline Marketing
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Door Hardware
10.6.2 Building Materials
10.6.3 Kitchen And Toilet Product
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Online Marketing
10.10.2 Offline Marketing
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Door Hardware
11.6.2 Building Materials
11.6.3 Kitchen And Toilet Product
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Online Marketing
11.10.2 Offline Marketing
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Door Hardware
12.6.2 Building Materials
12.6.3 Kitchen And Toilet Product
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Online Marketing
12.10.2 Offline Marketing
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Door Hardware
13.6.2 Building Materials
13.6.3 Kitchen And Toilet Product
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Online Marketing
13.10.2 Offline Marketing
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hardware & Home Improvement Retailers Market: Competitive Dashboard
14.2 Global Hardware & Home Improvement Retailers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Home Depot
14.3.2 Lowe’s
14.3.3 Inside Tweedy and Popp Hardware
14.3.4 Ace Hardware
14.3.5 Rona
14.3.6 Canadian Tire
14.3.7 Homebase
14.3.8 Wickes
14.3.9 Bauhaus
14.3.10 Bricostore
14.3.11 Praxis
14.3.12 Alibaba
14.3.13 EBay
14.3.14 Amazon
14.3.15 Bunnings Warehouse
