Buoyant trends in residential building investment, household discretionary income and growth in the number of households have supported the strong performance of the Hardware and Building Supplies Retailing industry over the past five years. The industry's performance has also been boosted by households undertaking DIY home improvement renovations and repairs. An undersupply of affordable housing and rising housing prices have also contributed to this growth as many homeowners have been deterred from moving. Instead, they have improved their existing homes through DIY renovations.
Firms in the Hardware and Building Supplies Retailing industry primarily retail hardware and building supplies to households and tradespeople. These retailers stock a range of goods including hardware, timber, tools, paint, plumbing supplies and garden tools. The industry excludes companies that primarily retail garden supplies such as plants, seeds and soil.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.