Global Building Material and Garden Equipment and Supplies Dealers Market 2024 - Industry Share, Growth Opportunities, Leading Companies And Outlook By 2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Building Material and Garden Equipment and Supplies Dealers Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $2228.62 billion In 2028 At A CAGR Of 7.5% :

The building material and garden equipment and supplies dealers market size has grown strongly in recent years. It will grow from $1548.38 billion in 2023 to $1671.01 billion in 2024 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to home improvement projects, economic conditions, seasonal variations, technological advancements.

The building material and garden equipment and supplies dealers market size is expected to see strong growth in the next few years. It will grow to $2228.62 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to sustainable and eco-friendly products, home renovation trends, smart home and garden technology, aging population, infrastructure development. Major trends in the forecast period include .

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Building Material and Garden Equipment and Supplies Dealers Market Major Segments
The building material and garden equipment and supplies dealers market covered in this report is segmented -

1) By Type: Building Material and Supplies Dealers, Lawn and Garden Equipment and Supplies Stores
2) By Ownership: Retail Chain, Independent Retailer
3) By Type of Store: Exclusive Retailers/Showroom, Inclusive Retailers/Dealer Store

Key Driver - Positive Economic Growth Expected To Drive Building Materials And Garden Equipment And Supplies Dealers Market

The building materials and garden equipment and supplies dealers market is expected to benefit from steady economic growth forecasted for many developed and developing countries. According to International Monetary Fund (IMF), the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, and foreign direct investments in the end-user markets, thereby driving the market during the forecast period.

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Prominent Trend - The Rising Demand For Green Building Materials

With rising awareness regarding environmental pollution, the demand for green building materials is increasing. Green building materials are sustainable, have a low carbon footprint, and help reduce exposure to toxic chemicals in residences and workplaces. These materials are moisture-resistant, energy-efficient, and easy to maintain and create less production waste. As people become aware of polluting and hazardous construction materials, the industry accommodates organic architecture and biodegradable materials in the design of homes and commercial spaces. Consumers now demand safer products. For instance, American consumers are increasingly opting for sustainable building materials that are locally made, refurbished or remanufactured, and resilient to natural disasters.

Building Material and Garden Equipment and Supplies Dealers Market Players
Major companies operating in the building material and garden equipment and supplies dealers market include The Home Depot Inc., Lowe's Companies Inc., Wesfarmers Limited, Falabella SA, Rewe Group, Steinhoff International Holdings NV, Ace Hardware Corporation, Beijing Easyhome Investment Holding Group Co. Ltd., Menard Inc., Builders FirstSource Inc., Building Materials Holding Corporation, Beacon Roofing Supply Inc., ABC Supply Co. Inc., 84 Lumber Company, Allied Building Products Corp., Fastenal Company, Ferguson Enterprises LLC, HD Supply Holdings Inc., Watsco Inc., GMS Inc., L&W Supply Corporation, US LBM Holdings Inc., BlueLinx Holdings Inc., Beacon Roofing Supply Canada Company, SRS Distribution Inc., Foundation Building Materials Inc., SiteOne Landscape Supply Inc., Pool Corporation, Tractor Supply Company, Rural King Supply Inc., At Home Group Inc., Floor & Decor Holdings Inc., Sherwin Williams Company, PPG Industries Inc., The Scotts Miracle Gro Company, Central Garden & Pet Company.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the building material and garden equipment and supplies dealers market in 2023. Asia-Pacific was the second-largest region in the building material and garden equipment and supplies dealers market. The regions covered in the building material and garden equipment and supplies dealers' market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Building Material and Garden Equipment and Supplies Dealers Market Report Structure
3. Building Material and Garden Equipment and Supplies Dealers Market Trends And Strategies
4. Building Material and Garden Equipment and Supplies Dealers Market - Macro Economic Scenario
5. Building Material and Garden Equipment and Supplies Dealers Market Size And Growth
…..
27. Building Material and Garden Equipment and Supplies Dealers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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