openPR Logo
Press release

Hardware Home Improvement Retailers Market to Witness Robust Expansion by 2028

11-28-2022 06:48 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Hardware Home Improvement Retailers Market to Witness Robust

The global hardware & home improvement retailers market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. Technological advancements have led to the development of smart appliances which is driving the market growth. Smart appliances offer advanced features and are more energy efficient. The rise in consumer disposable income, high living standards, and the requirement for comfort encourage consumers to upgrade their existing appliances to smarter versions. Further, the easy availability of these products online via e-commerce channels is fueling the global hardware & home improvement retailers market. According to the United Nations (UN) Conference on Trade and Development report, online retail sales grew markedly in several countries, with the Republic of Korea reporting the highest share at 25.9% in 2020, up from 20.8% in 2019. Meanwhile, global e-commerce sales jumped to $26.7 trillion in 2019, up 4.0% from 2018. The growth in e-commerce business across the region along with increasing online sales of hardware and retail sales for house renovations, decoration, and other needs is driving the global hardware & home improvement retailers market.

To Request a Sample of our Report on Hardware & Home Improvement Retailers Market:  https://www.omrglobal.com/request-sample/hardware-and-home-improvement-retailers-market

Furthermore, the growing disposable income, rising urbanization, and expansion of retail stores providing hardware & home improvement to meet the rising demand are anticipated to drive the global hardware & home improvement retailers market across the globe. For instance, in February 2022, Brico Dépôt opened its second outlet, in an especially dedicated area in the Br?ila store, located in the Br?ila mall shopping center, where a wide range of home and garden DIY (Do-It-Yourself) products are available to customers, at prices reduced up to 80.0%. Brico Outlet Br?ila offered a variety of products and solutions for home improvement, of the best quality, from building materials, and kitchen and bathroom products, to storage solutions or decorations. 

Market Coverage

The market number available for - 2021-2028
Base year- 2021
Forecast period- 2022-2028

Segment Covered- 

By Type
By Distribution Channel

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including Home Depot, Inc., Wickes Building Supplies Ltd., Amazon.com, Inc, Bricostore Romania SA, Canadian Tire Corp., Ltd., and others.

A full Report of Hardware & Home Improvement Retailers Market is Available @  https://www.omrglobal.com/industry-reports/hardware-and-home-improvement-retailers-market

Hardware & Home Improvement Retailers Market Report Segment

By Type

Door Hardware
Building Materials
Kitchen And Toilet Products
Others

By Distribution Channel

Offline retail Stores
Online

Hardware & Home Improvement Retailers Market Report Segment by Region

North America                                                                                                           

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

Ace Hardware Corp. (Inside Tweedy and Popp Hardware)
Alibaba Group
com, Inc.
BAUHAUS AG
Bricostore Romania SA
Bunnings Group Ltd.
Canadian Tire Corporation, Ltd.
eBay Inc. 
Globus Holding GmbH & Co. KG.
HORNBACH Group
Maxeda DIY Group(Praxis)
Rona
The Home Depot, Inc.
Toom Baumarkt GmbH 
Wickes Building Supplies Ltd.

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/hardware-and-home-improvement-retailers-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Hardware Home Improvement Retailers Market to Witness Robust Expansion by 2028 here

News-ID: 2823055 • Views:

More Releases from Orion Market Research

Aviation Connectors Market By Application Analysis, Regional Outlook, Competitive Strategies And Forecast 2034
Aviation Connectors Market By Application Analysis, Regional Outlook, Competitiv …
The global aviation connectors market was valued at approximately USD 5.6 billion in 2024 and is projected to reach around USD 11.42 billion by 2034, growing at a compound annual growth rate (CAGR) of 7.14% from 2025 to 2034. Aviation Connectors Market Overview The aviation connectors market is experiencing robust growth, driven by the increasing demand for advanced avionics systems and the expansion of both commercial and military aircraft fleets.
Industrial Wastewater Treatment Chemicals Market Development, Industry Trends, Demand and Growth Analysis and Forecasts 2033
Industrial Wastewater Treatment Chemicals Market Development, Industry Trends, D …
The global industrial wastewater treatment chemicals market was valued at approximately USD 19.06 billion in 2024 and is projected to reach around USD 23.6 billion by 2033, growing at a CAGR of 5.4% from 2025 to 2033. Industrial Wastewater Treatment Chemicals Market Overview The global industrial wastewater treatment chemicals market is witnessing significant growth driven by increasing industrialization, stringent environmental regulations, and the growing need for sustainable water management. The
Electronic Adhesives Market Development, Industry Trends, Demand and Growth Analysis and Forecasts 2033
Electronic Adhesives Market Development, Industry Trends, Demand and Growth Anal …
The global Electronic Adhesives Market was valued at approximately USD 5.11 billion in 2024 and is projected to reach USD 8.52 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 5.6% between 2025 and 2033. Electronic Adhesives Market Overview The Electronic Adhesives Market is witnessing steady growth, driven by increased adoption of miniaturized electronics, EV components, and consumer gadgets requiring robust bonding, encapsulation, and thermal management. Key
Automotive Interior Materials Market Size Future Scope, Demands and Projected Industry Growths to 2033
Automotive Interior Materials Market Size Future Scope, Demands and Projected In …
The global Automotive Interior Materials Market was valued at approximately USD 62.98 billion in 2024 and is projected to reach USD 91.20 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 4.2% during the period from 2025 to 2033. Automotive Interior Materials Market Overview The Automotive Interior Materials Market is poised for steady expansion, propelled by rising consumer demand for luxury, comfort, and lightweight vehicle interiors. With stringent

All 5 Releases


More Releases for Hardware

Hardware Encryption Market Strengthening Data Security with Advanced Hardware-Ba …
"𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐯𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐢𝐧𝐠 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐞𝐬 𝐰𝐢𝐭𝐡 𝐒𝐦𝐚𝐫𝐭𝐞𝐫 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬" The latest study released on the Hardware Encryption Market evaluates market size, trend, and forecast to 2030. The Hardware Encryption market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the
Barn Door Hardware Market Is Gaining Huge Growth In Upcoming Years 2024 - 2031 | …
Market Overview: Barn door hardware includes sliding door hardware kits that are used to convert swing doors into sliding doors. They are commonly used in homes to divide rooms or sections while maximizing the use of space. Market Dynamics: The barn door hardware market is estimated to witness significant growth over the forecast period owing to rising demand for interior decor innovations and space optimization solutions in residential and commercial buildings. Traditionally, interior
Barn Door Handles Market | Artisan Hardware, BarnDoorz, Custom Service Hardware …
The global barn door handles market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the barn door handles market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
Global Hardware Load Balancers Market, Hardware Load Balancers Market, Hardware …
Global Hardware Load Balancers Market Overview The Hardware Load Balancers market is a diverse and rapidly evolving industry that encompasses a wide range of products and services. It is characterized by intense competition, changing consumer preferences, and technological advancements that continually drive innovation. The Hardware Load Balancers market is comprised of several sub-sectors, including but not limited to: electronics, healthcare, automotive, consumer goods, and energy. Each of these sub-sectors has its unique
Top 12 China Hardware Market & Reliable Hardware Supplier
This article was first published on Yiwuagt.com. As a professional Chinese sourcing agent, this site has a lot of knowledge about Chinese imports. As the world's largest manufacturer of hardware tools, China has many excellent hardware suppliers. At present, China's hardware wholesale industry has spread all over the country. Do you want to import hardware from China? As a professional sourcing agent, this article will introduce the well-known China hardware wholesale
Architectural Hardware Market
According to a new report published by Allied Market Research, titled, " Architectural Hardware Market by Application, and End User: Global Opportunity Analysis and Industry Forecast, 2019-2026," the global architectural hardware market size was valued at $15.9 billion in 2018, and is projected to reach $23.2 billion by 2026, growing at a CAGR of 6.8% from 2019 to 2026. Architectural hardware is a type of hardware that includes doors, windows,