IBISWorld Platform
Answer any industry question in minutes with our entire database at your fingertips.
The Hardware Stores industry has had a mix of growth and challenges in recent years. With current year revenue growth of 1.9%, reaching $45.2 billion in 2025, the industry has seen moderate progress, bolstered by the gain of DIY projects. Fueled by consumer cost-saving motives, these projects have been a key revenue driver as households increasingly take on home improvement tasks. Shoppers have flocked to hardware stores for tools, paint and other supplies, boosting foot traffic and pushing for expanded product lines. Despite this, profit remains stable above the sector's yet falls short of pre-pandemic levels. The e-commerce boom has added a layer of complexity as online retailers pressure traditional stores to match competitive prices and convenient experiences.
Answer any industry question in minutes with our entire database at your fingertips.
Feed trusted, human-driven industry intelligence straight into your platform.
Streamline your workflow with IBISWorld’s intelligence built into your toolkit.
IBISWorld's research coverage on the Hardware Stores industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released October 2025.
The Hardware Stores industry in the United States operates under the NAICS industry code 44413. Companies in this industry primarily retail a broad range of new home renovation equipment and supplies at brick-and-mortar stores and online platforms. Hardware, plumbing, electrical and paint-related tools are the most commonly stocked goods. Related terms covered in the Hardware Stores industry in the United States include big-box store, do-it-yourself (diy), do-it-for-me (difm), electronic data interchange (edi), cooperative (co-op), mom-and-pop store and point of sale (pos).
Products and services covered in Hardware Stores industry in the United States include Hardware, Power tools and equipment and Paint and sundries.
The Hardware Stores industry in the United States is highly fragmented with no companies holding a market share greater than 5%.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Hardware Stores industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Hardware Stores industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Hardware Stores industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Hardware Stores industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Hardware Stores industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Hardware Stores industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Hardware Stores industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Hardware Stores industry in the United States.
More than 6,000 businesses use IBISWorld to shape local and global economies
We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.
IBISWorld delivers the crisp business knowledge we need to drive our business. Whether it be serving up our major clients, winning new business or educating on industry issues, IBISWorld brings real value.
IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.
When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.
The market size of the Hardware Stores industry in the United States is $45.2bn in 2026.
There are 14,331 businesses in the Hardware Stores industry in the United States, which has grown at a CAGR of 1.5 % between 2020 and 2025.
The Hardware Stores industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Hardware Stores industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Hardware Stores industry in the United States has been growing at a CAGR of 0.9 % between 2020 and 2025.
Over the next five years, the Hardware Stores industry in the United States is expected to grow.
Hardware and Plumbing fixtures and supplies are part of the Hardware Stores industry in the United States.
The level of competition is high and increasing in the Hardware Stores industry in the United States.