Hardware & Home Improvement Stores in the UK - Industry Market Research Report

Hammering Home: the Cost-Of-Living Squeeze is Eating Into Revenue In 2022-23

Hardware and home improvement stores' sales are primarily sensitive to the property market and home renovation trends. The UK has enjoyed a housing market boom for over a decade, with homeowners turning to retailers to source materials for redecorating or performing construction work on their new properties. House price hikes have priced some consumers out of the market, prompting them to undergo renovation activity at their current property, lifting sales. The stay-at-home guidance during COVID-19 lockdowns sparked massive growth in the number of people gardening, with equipment sales following suit.

Operators in this industry specialise in retailing a range of hardware and home improvement equipment to domestic and commercial customers. Products include do-it-yourself (DIY) equipment, building materials, paints, glass and other hardware products.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.