Down to the nuts and bolts
Demand for the Tool and Hardware Wholesaling industry depends on construction activity, so the US recession has made conditions tough for tool and hardware wholesalers. Housing starts, a key indicator of industry performance, have declined since 2005. Under such depressed demand from construction, couple with growing levels of wholesale bypass, revenue has declined at such a rate that wholesalers and their establishments are closing. Although wholesale bypass is forecast to continue, industry performance should improve in the coming years as downstream industries, such as the housing market and aircraft builders, recover.
Operators in this industry wholesale a range of hardware products including hand tools, power tools, locks and keys, metal knives and saw blades.
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.