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 | Nov 2015

Well built: A recovery in residential renovation expenditure will drive industry growth

IBISWorld’s Hardware Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

In the five years to 2015, 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 Products Chapter

Residential construction across Canada has recently experienced a slowdown. Housing starts increased by 0.8% in 2014 and is expected to marginally increase by 0.2% in 2015. As a result, downstream demand for each of the Hardware Stores industry's segments has fallen, with paint and lumber decreasing faster than the rest of the categories. Firms in this industry have also been hurt by rising external competition from operators in the Home Improvement Stores industry (IBISWorld report 44412CA) as well as from online retailers.


The hardware segment, which includes tools, plumbing and electrical supplies, accounts for the largest share of industry revenue, estimated to be 46.1% in 2015... 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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