Home Centers & Hardware Stores Market Research Reports & Industry Analysis
Distributors in the home center and hardware store industry act as liaisons between the consumers and manufacturers. Companies purchase products in bulk from many different manufacturers, and then retail them in smaller quantities to consumers. In this way, consumers can purchase different items from different manufacturers. Products bought in bulk may consist of cables, connectors, bolts, networking materials, screws, or wiring devices.
There are an assortment of factors that drive demand and profits for this industry: home remodeling and repair, construction, hardware retailing, new home building, and telecommunications all require products retailed in this industry. Overall revenue depends on efficient management of a company’s inventory, as well as use of effective advertising strategies. Large companies have an advantage in that their distribution networks are expansive, and as such they can provide consumers with a wide selection of products and services. Smaller businesses prioritize providing specialty items, stocking products they know their consumers need, and providing excellent customer service. Individual operators rely on obtaining quality products at a lower cost, strategic merchandising, and competitive prices.
Home Centers & Hardware Stores Industry Research & Market Reports
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Home and Garden Specialist Retailers in Denmark
... and had more time to spend on DIY projects. In 2021, however, as life returned to more normal, consumers chose to spend their money on experiences, such as travelling, dining out and concerts, instead of ... Read More
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Home and Garden Specialist Retailers in Taiwan
... local outbreak mid-year. Consumers reduced or delayed house purchases due to economic downturn and the stagnation of wages amongst Taiwanese consumers, and held off on refurbishment activity. While some people wanted to improve their homes ... Read More
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U.S. Office Furniture Market Size, Share & Trends Analysis Report By Product (Seating, Modular Systems, Desks And Tables), By Distribution Channel (Online, Offline), And Segment Forecasts, 2022 - 2030
... Trends The U.S. office furniture market size is expected to reach USD 22.2 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of ... Read More
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Retailing in Taiwan
... performances. Consumers reprioritised what was essential and switched to e-commerce more than ever before. Modern grocery retailers and electronics and appliance specialist retailers saw growth due to the greater demand for home cooking, working from ... Read More
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Retailing in New Zealand
... consumers have switched to shopping online – some for the first time – with this being partly due to a lack of access to some products in stores, but also due to concerns over potential ... Read More
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Home and Garden Specialist Retailers in Turkey
... amounts of time in their homes due to lockdown measures, particularly in the first six months of the year, and the pandemic was still having have broader effects in terms of restrictions and consumer behaviour. ... Read More
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Home and Garden Specialist Retailers in New Zealand
... with remote working measures, bathrooms and kitchens have witnessed increasing demand, particularly as the kitchen is the main hub of the home in the country. With local consumers unable to travel, they have been using ... Read More
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Home and Garden Specialist Retailers in Finland
... to projects. This surge in demand was especially noticeable in the first half of 2020 when consumers limited their movement more strictly during the first wave of the outbreak. In 2021, demand for products from ... Read More
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Home and Garden Specialist Retailers in Argentina
... fell significantly in 2021, as they also did in 2020. However, certain products performed better than others in 2020 and 2021, due to people spending significant amounts of time at home. Paint was one product ... Read More
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Home and Garden Specialist Retailers in Hong Kong, China
... traffic started to return to normal, although tourists remained absent. Shopping was a popular activity for Hong Kong consumers, as it had been a long time since people could shop safely in shopping centres and ... Read More
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Home and Garden Specialist Retailers in Mexico
... 2021, as the purchasing power of many local consumers was undermined by the economic shock of the pandemic. During 2020, home improvement and gardening stores were much less affected than homewares and home furnishing stores, ... Read More
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Home and Garden Specialist Retailers in Egypt
... current value sales of home and garden specialist retailers. In addition, Egyptians do not usually do home improvement projects themselves but hire workmen instead. However, restrictions on movement led to many projects being delayed, and ... Read More
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Retailing in Egypt
... government’s campaign to digitalise payments is leading to a larger proportion of the population becoming open to new retail experiences, thus creating more room for new platforms to enter and gain share in the country. ... Read More
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Retailing in Sweden
... more concentrated at home, with working from home, less travelling and less eating out, which resulted in increased demand for groceries, with some degree of stockpiling also seen. Even as the COVID-19 situation eased in ... Read More
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Retailing in Honduras
... Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are ... Read More
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Home and Garden Specialist Retailers in Sweden
... despite a fall in the number of outlets. The pandemic led more people to work and socialise from home, which resulted in lives being concentrated more in the home environment. This benefited the development of ... Read More
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Home and Garden Specialist Retailers in Portugal
... deemed to be an essential service, operators of homewares and home furnishing stores were forced to close their doors, significantly impacting sales in 2020. Euromonitor International's Home and Garden Specialist Retailers in Portugal report offers ... Read More
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Retailing in El Salvador
... sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. ... Read More
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Home and Garden Specialist Retailers in the US
... to temporarily shutter stores in March and April 2020, thus losing out on weeks of in-store sales. Additionally, when the stores reopened to the public, many consumers remained wary of shopping in bricks-and-mortar stores due ... Read More
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Home and Garden Specialist Retailers in Ireland
... reported improving sales during the first half of 2021, partly as yearly comparisons were being made with the first lockdown period in 2020. Interest in home furnishings reached unprecedented levels since the emergence of the ... Read More
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Home and Garden Specialist Retailers in Malaysia
... retailers leadership of home and garden specialist retailers can be attributed mainly to its aggressive and ambitious expansion plans, which saw the number of stores operated under the chain increase by more than fourfold over ... Read More
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Retailing in Malaysia
... was imposed upon the population in response to the third and fourth waves of the pandemic and the presence in the country of the Delta strain of the COVID-19 virus. This meant that all store-based ... Read More
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Home and Garden Specialist Retailers in Singapore
... value sales terms in 2021 following a low decline the previous year; while the first part of 2020 saw a massive spike in demand, retailers were unable to keep up due to worldwide furniture shortages. ... Read More
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Home and Garden Specialist Retailers in Saudi Arabia
... recovery during 2021. Home and garden specialist retailers stores were particularly hit hard by the pandemic in 2020, as real estate activity slowed due to curfew legislation from 15 March until 20 June and people ... Read More
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Retailing in Saudi Arabia
... with their retail constant value sales plunging by a quarter, as they were regarded as ‘non-essential’ and forced to close for an extended period during the initial COVID-19 lockdown. Even after they were allowed to ... Read More
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