Tool & Hardware Wholesaling in the US - Industry Market Research Report
Description
Tool & Hardware Wholesaling in the US
The industry distributes hardware products, including hand tools, power tools and fasteners, to retailers, wholesalers and businesses for end use. Tools and hardware are distributed and used in construction, manufacturing and home improvement projects. As a result, sales from wholesalers rely on consumer spending, construction activity and the strength of the manufacturing sector. The 2020 pandemic was a catalyst for the residential construction sector, as work-from-home capabilities and increasing disposable income resulted in more people building and buying homes. But increasing inflation and interest rates slowed growth due to growing uncertainty. This resulted in revenue growing at a CAGR of 2.2% to $92.6 billion over the past five years, decreasing 0.3% in 2023 alone.
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."
The industry distributes hardware products, including hand tools, power tools and fasteners, to retailers, wholesalers and businesses for end use. Tools and hardware are distributed and used in construction, manufacturing and home improvement projects. As a result, sales from wholesalers rely on consumer spending, construction activity and the strength of the manufacturing sector. The 2020 pandemic was a catalyst for the residential construction sector, as work-from-home capabilities and increasing disposable income resulted in more people building and buying homes. But increasing inflation and interest rates slowed growth due to growing uncertainty. This resulted in revenue growing at a CAGR of 2.2% to $92.6 billion over the past five years, decreasing 0.3% in 2023 alone.
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."
Table of Contents
45 Pages
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
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
