Tool & Hardware Wholesaling in the US
The Tool and Hardware Wholesaling industry distributes a range of hardware products, including hand tools, power tools and fasteners, to retailers and other wholesalers and to businesses for end use. The tools distributed are used in construction as well as home improvement projects, with households, which are not served directly by industry operators, representing a major end market for industry products. Although the industry does not manufacture hardware, it adds value to end users by providing customized varieties of hardware at low prices and in large quantities. Depressed activity in downstream markets undercuts the need for hardware, tools and other industry products. Conversely, economic growth spurs demand for hardware products and associated services. Continued demand from nonresidential construction and manufacturing markets is expected to drive future revenue growth over the five years to 2023.
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 does not distribute nails, disposable plastic cutlery, hand tools for motor vehicles or hand tools for precision equipment.
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.
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