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Hardware & Home Improvement Stores in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hardware & Home Improvement Stores Market Research Report | SIC G47.520 | Mar 2017

Hard margins: Increased competition within the industry is expected to constrain growth

IBISWorld’s Hardware & Home Improvement 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
Homebase Limited Homebase Limited market share
Kingfisher plc Kingfisher plc market share
Travis Perkins plc Travis Perkins plc market share
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Threats & Opportunities
  • Industry growth is expected to be constrained as uncertainty leads to falling confidence
  • The improving housing market has provided a much-needed boost for the industry in recent years
  • Increased competition is expected to lead to operators becoming more aggressive in their pricing
  • ... purchase to read more

Industry Analysis & Industry Trends

Operators in the Hardware and Home Improvement industry sell DIY equipment, building materials, outdoor and garden equipment and other hardware products. Over the past five years, the industry has recovered from the lingering effects of the economic downturn and recorded relatively strong growth. Conditions in the industry started to improve from 2013-14 onwards following the introduction of government policies to stimulate the housing market, while generally improving economic conditions also boosted demand. The Help to Buy scheme led to an increase in the number of residential property transactions in 2013-14 and boosted demand for industry products as consumers increased expenditure on their newly bought properties... purchase to read more

Industry Report - Industry Investment Chapter

The Hardware and Home Improvement Stores industry has a low level of capital intensity, which is characteristic of a retailing industry and reflects the labour-intensive nature. Labour costs are generally incurred through the need to hire knowledgeable and efficient staff members to serve customers. Customers typically require advice and tips on home improvement and the different types of tools and equipment needed. Employees are therefore required to have an adequate amount of knowledge of products and their uses. Employees are also required to stock shelves and perform administrative duties that arise in line with the running of the business. Wages in 2016-17 are estimated to account for 12.7% of revenue while depreciation is expected to account for 1.3% of revenue. In .. purchase to read more

Additional Insights for the Hardware & Home Improvement Stores Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Hardware & Home Improvement Stores Industry are

  • Having a wide and expanding product range
  • Experienced work force
  • Availability of car parking
  • IBISWorld analysts also discuss how external factors such as Real household disposable income and Number of households in the Hardware & Home Improvement Stores industry impact industry performance... purchase to read more


    Industry ProductsRelated Reports

    What is the Hardware & Home Improvement Stores Industry?

    Operators in this industry specialise in retailing a range of hardware and home improvement equipment to domestic and commercial customers. Products include do-it-yourself (DIY) equipment, building materials, paints, glass and other hardware products.

    Industry Products
    DIY tools and hardwareDecorBuilding materials and partsPaint and wallcoveringsGarden and outdoor equipmentHeating and plumbing equipment
    Industry Activities
    Selling hardware productsSelling paints, varnishes and lacquersSelling building materials, such as bricks and woodSelling DIY material and equipmentSelling garden equipmentSelling decorative products

    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Real household disposable income
  • Number of households
  • Consumer confidence index
  • Household expenditure on maintenance and repair
  • Average weekly hours of work
  • Official bank rate
  • Current Performance
  • Price competition
  • Housing market
  • Alternative avenues of growth
  • Chart: Revenue Growth
  • Industry Outlook
  • Increased competition
  • Wagering on innovation
  • Rationalising platforms
  • Table: Hardware & Home Improvement Stores Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Hardware & Home Improvement Stores Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Residential Building Construction
  • Painting
  • Consumers
  • Key Selling Industries
  • Construction Supplies Wholesaling
  • Hardware, Plumbing & Heating Equipment Wholesaling
  • Machine Tool Wholesaling
  • Transportation and Storage
  • Products & Services
  • Building materials and parts
  • DIY tools and hardware
  • Garden and outdoor equipment
  • Heating and plumbing equipment
  • Decor
  • Paint and wallcoverings
  • Chart: Hardware & Home Improvement Stores Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Do-it-yourself consumers
  • Tradesmen
  • Do-it-for-me consumers
  • Chart: Major Market Segmentation for the Hardware & Home Improvement Stores Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Rent
  • Rent is estimated to account for 5.2% of revenue in the current year. As most retailers operate warehouse style stores, the location choice requires adequate space and thus, stores are kept outside Central London and other central city areas. This reduces the cost to a certain extent. However, operators rely on location with a heavy footfall and competition for store space is high.
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Hardware & Home Improvement Stores
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Hardware & Home Improvement Stores Industry
  • Industry Globalization
    Major Companies
    Kingfisher plc
    Homebase Limited
    Travis Perkins plc
  • Table: Kingfisher plc - financial performance
  • Table: Homebase Limited - financial performance
  • Table: Travis Perkins plc - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Hardware & Home Improvement Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Hardware & Home Improvement Stores Industry
  • Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Jargon & Glossary
    Do-It-For-Me (Difm)
  • The process of hiring a professional to undertake home improvements.
  • Do-It-Yourself (Diy)
  • The process of undertaking home improvements without the assistance of a professional.
  • Multichannel Retailing
  • Using different avenues to market a firm's product to the consumer. These can include the internet, social media, retail stores and email.
  • Wealth Effect
  • The wealth effect states that consumers tend to spend more when their wealth rises.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Hardware & Home Improvement Stores:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Hardware & Home Improvement Stores market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Hardware & Home Improvement Stores, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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