Hardware Stores – Industry Analysis, Statistics, Trends, and Forecasts
See the following sections listed below to view available resources by category:
For guides to other industries, see our index of over 400 industries.
Industry Analysis, Statistics, Trends, and Forecasts
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
The Hardware Connection, Inc.
HC Magazine
https://thehardwareconnection.com/
Monthly magazine provides news and information for independent hardware and home improvement retailers, with topics covered in various issues of this publication including consumer trends, product category reports, retailing trends, marketing and advertising strategies, store operations, technology, top retailer profiles, and product spotlights. Digital editions of the publication are available free online.
EnsembleIQ
HBS Dealer
https://www.hbsdealer.com/
Monthly trade journal features news and information for hardware stores and building supply dealers, with special reports including "The Top 300 Scoreboard" (Jul./Aug.) which ranks the top 300 retailers by annual sales and also provides information on the number of stores, primary line of business, and do-it-yourself sales percentage for each of these retailers. Selected articles are available free online.
NHPA
Publications available from this trade association include:
Hardware Retailing
https://www.hardwareretailing.com/
Monthly trade magazine features news and information for independent home improvement retailers,
with online content categories including news, products, operations, merchandising,
promotions, and research and guides and special features including the annual
"Market Measure" report published in the December issue
of the magazine which analyzes trends in the retail home improvement industry.
Market Measure
https://yournhpa.org/
Annual report analyzes trends in the retail home improvement industry, with topics
covered including overall market size and sales trends, sales and number of outlets by type of store (e.g.,
home center, hardware, and lumberyard), financial performance by type of
store, market share and combined and individual performances for the top chains,
and financial profiles of publicly-held do-it-yourself chains.
Mintel Group Ltd.
DIY Home Improvement Retailing - US
https://store.mintel.com/
Comprehensive study provides a detailed analysis of this market sector from a consumer standpoint, with topics covered in the study including market size and forecast, factors affecting demand, retailer initiatives, the DIY consumer, DIY projects undertaken, reasons for undertaking DIY projects, path to purchase, influential resources, method of shopping, retailers shopped, and drivers and perceptions.
BizMiner Market Analysis Reports
Hardware Stores
https://www.bizminer.com Search for "444130" to see available reports
Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.
Financial Statements and Financial Ratios
BizMiner Industry Financial Ratios
Hardware Stores
https://www.bizminer.com Search for "444130" to see available reports
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
IBISWorld Research Reports
Industry Financial Ratios
(see links for individual reports)
Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.
NHPA
Cost of Doing Business Study
https://yournhpa.org/
Annual NHPA survey provides financial benchmarks for independent hardware stores, home centers, and lumberyards, with data provided including financial and operational statistics, income statements and balance sheets, and key financial performance ratios. Selected data from the survey is included in the "Market Measure" report published in the December edition of "Hardware Retailing" magazine.
Compensation and Salary Surveys
NHPA
Employee Compensation Report
https://yournhpa.org/
Compensation report provides information on employment, compensation, and benefits practices for independent hardware stores, home centers, and lumberyards, with data provided including average annual employee turnover, average number of employees per job position, average hourly wages by job position, paid vacation, holidays, and other time off, and health insurance and retirement benefits.
PayScale, Inc.
Hardware Store
https://www.payscale.com/
Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as store manager, assistant manager, department manager, department supervisor, sales specialist, sales associate, and cashier, with employers for which salary or wage data is provided including Ace Hard ware Corporation, Do It Best Corp., True Value Company, and United Hard ware Distributing Co.
BV Guides and Databases
Building Materials Stores
Fastener Distributors
Lawn and Garden Stores
Paint and Wallpaper Stores
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