The Online Hardware and Tool Sales industry has expanded rapidly over the past five years. Rising consumer adoption of online shopping platforms, coupled with increasing real household discretionary income, has driven revenue growth. Higher discretionary income has also allowed households to complete DIY renovations and home improvement projects that might have otherwise been delayed. Largely positive consumer sentiment has also encouraged DIY enthusiasts to complete more maintenance and repairs around the home. As a result, industry revenue is estimated to increase at a compound annual rate of 12.1% over the five years through 2015-16 to reach $278.0 million.
Companies in the industry retail a broad range of hardware, tools and building supplies through the internet. The industry includes both online-only operators and bricks-and-mortar stores that have an online presence.
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.