Hardware and Building Supplies Retailing in New Zealand - Industry Market Research Report
Description
Hardware and Building Supplies Retailing in New Zealand
Merchants in the Hardware and Building Supplies Retailing industry have contended with mixed, fluctuating and ultimately unfavourable trading conditions. Within this, the number of households in New Zealand has increased, which has expanded the industry's customer base. Further, capital expenditure on residential buildings and demand from house construction have both risen, signifying heightened DIY renovation activity. However, sharp declines in consumer sentiment have outweighed these gains. Industry revenue is expected to drop at an annualised 3.0% over the five years through 2022-23, to $7.4 billion. A slump in the consumer sentiment index and a deterioration in demand from house construction is anticipated to contribute to industry revenue falling 6.3% in 2022-23.
Industry operators primarily retail hardware and building supplies such as tools, timber, paint, plumbing supplies and garden tools. These goods are purchased from wholesalers and sold directly to consumers and tradespeople in store or online. Operators that primarily retail garden supplies such as plants, seeds and soil are excluded from the industry, as are online-only players.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Merchants in the Hardware and Building Supplies Retailing industry have contended with mixed, fluctuating and ultimately unfavourable trading conditions. Within this, the number of households in New Zealand has increased, which has expanded the industry's customer base. Further, capital expenditure on residential buildings and demand from house construction have both risen, signifying heightened DIY renovation activity. However, sharp declines in consumer sentiment have outweighed these gains. Industry revenue is expected to drop at an annualised 3.0% over the five years through 2022-23, to $7.4 billion. A slump in the consumer sentiment index and a deterioration in demand from house construction is anticipated to contribute to industry revenue falling 6.3% in 2022-23.
Industry operators primarily retail hardware and building supplies such as tools, timber, paint, plumbing supplies and garden tools. These goods are purchased from wholesalers and sold directly to consumers and tradespeople in store or online. Operators that primarily retail garden supplies such as plants, seeds and soil are excluded from the industry, as are online-only players.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
44 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
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