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Hardware Stores in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hardware Stores in Canada Market Research Report | NAICS 44413CA | Apr 2016

Shaky support: External competition will lead to slight decline in industry revenue

IBISWorld’s Hardware Stores market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

In the five years to 2016, the Hardware Stores industry experienced a heightened level of revenue volatility perpetuated by increased internal and external competition. However, positive changes in per capita disposable income have been encouraging consumers to increase discretionary spending, especially on residential renovation projects. In the next five years, the industry will experience growth due to a recovering housing market and increased consumer spending... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years to 2016, the Hardware Stores industry has struggled to build up revenue. Industry operators retail a variety of building and repair supplies to consumers, professional contractors and institutions. During the past five years, the industry experienced a heightened level of revenue volatility due to fluctuations in the housing market and per capita disposable income. Moreover, the industry’s performance was further inhibited by increased internal and external competition. Although the shift towards cooperative style businesses has helped industry profit margins, rising competition has driven many operators out of the industry. Overall, in the five years to 2016, industry revenue is expected to decline an annualized 3.5%... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Hardware Stores Industry?

This industry primarily retails a broad range of new-home renovation equipment and supplies. Hardware, plumbing, electrical and paint-related tools are the most commonly stocked goods. Consumers purchase about 90.0% of the goods supplied by this industry for private use, while contractors purchase a small share of goods.

Industry Products
Hardware, tools, plumbing and electrical suppliesLawn, garden and farm suppliesPaint and sundriesLumber and other building materials
Industry Activities
Retailing hardwareRetailing tools and equipmentRetailing plumbing fixtures and fittingsRetailing electrical suppliesRetailing paint and suppliesRetailing garden products and equipment

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