Industry Analysis & Industry Trends
The Hardware and Building Supplies Retailing industry has performed strongly over the past five years. After subdued expenditure on private homes in 2009-10 and 2010-11, industry revenue growth has since returned due to strong consumer sentiment and greater expenditure on DIY renovations and home improvement projects. An undersupply of affordable housing and rising housing prices have also contributed to this growth, as it has become extremely expensive and time consuming for homeowners to upgrade to bigger and better homes. As a result, these homeowners have been deterred from moving houses, seeking instead to improve their existing homes through DIY renovations... 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