Industry Analysis & Industry Trends
Buoyant trends in residential building investment, household discretionary income and growth in the number of households have supported the strong performance of the Hardware and Building Supplies Retailing industry over the past five years. The industry's performance has also been boosted by households undertaking DIY home improvement renovations and repairs. An undersupply of affordable housing and rising housing prices have also contributed to this growth as many homeowners have been deterred from moving. Instead, they have improved their existing homes through DIY renovations. In addition, the abolishment of mortgage exit fees has made it easier for homeowners to refinance and unlock equity in their homes, which can be subsequently put towards home improvement projects... purchase to read more
Industry Report - Industry Products Chapter
Retailers such as Bunnings, Home Timber & Hardware, Masters and Mitre 10 stock a wide range of tools, hardware and building supplies. The main products that hardware retailers supply include hand tools, power tools, timber, building supplies, gardening tools, paint, paint supplies and plumbing supplies. Gardening supplies such as plants, seeds and soil are excluded from the industry.
Tools and equipment
The tools and equipment segment includes a diverse range of hand and power tools that DIY consumers, builders and tradespeople use. Common hand tools include hammers, screwdrivers, spanners, saws, Allen keys and socket sets. Power tools are generally electric and include drills, sanders, grinders, power saws, and welding, soldering and joining tools... purchase to read more