Building Material and Garden Equipment and Supplies Dealers Market Trends And Forecast 2033

The new report published by The Business Research Company, titled Building Material and Garden Equipment and Supplies Dealers Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, 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 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%.

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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.

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.

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

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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.

Contents of the report:
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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