Improving revenue: Growth has been supported by the rising number of property transactions

The Hardware and Home Improvement Stores industry primarily sells its goods to households, contractors and handymen engaging in building, repair and renovation projects. Key industry products include building materials, tools, hardware and equipment, heating and plumbing equipment, garden and outdoor equipment and wallcoverings. The industry follows trends in the Irish housing market, consumer confidence and household disposable income.Over the five years through 2018, industry revenue is expected to grow at a compound annual rate of 3.9%, reaching €1.6 billion, including growth of 4% in the current more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Downstream government grants have encouraged home improvement activity
  • Downstream government assistance has supported the industry over the past five years
  • Rising disposable incomes are expected to encourage new home improvement projects
  • Industry Report - Starting a New Business Chapter

    The industry has moderate barriers to entry. Initial start-up costs, such as acquiring retail space within close proximity to consumers and inventory, are the most significant barrier for new operators entering the industry. The increasing emphasis on online operations, delivery and click-and-collect offerings has reduced the importance of physical location in regards to attracting customers to some extent.The cost of acquiring inventory can also be substantial for new entrants. Operators with an established reputation, such as the Grafton Group and B&Q, benefit from high levels of buying power, and are able to obtain favourable contracts with upstream wholesalers and manufacturers due to the large number of products they purchase. Sma...purchase to read more.

    Additional Insights for the Hardware & Home Improvement Stores Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Hardware & Home Improvement Stores Industry are

  • Ability to control stock on hand
  • Economies of scale
  • Experienced work force
  • IBISWorld analysts also discuss how external factors such as Gross disposable income of households and Household expenditure on repair, maintenance and improvements in the Hardware & Home Improvement Stores industry impact industry performance..

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    What's in this report

    What is the Hardware & Home Improvement Stores in Ireland Industry?

    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.

    Industry Products
  • Building materials and parts
  • Tools, hardware and equipment
  • Heating and plumbing equipment
  • Garden and outdoor equipment
  • Decor, paint and wallcoverings
  • Industry Activities
  • Selling hardware products
  • Selling paints, varnishes and lacquers
  • Selling DIY materials and equipment, such as adhesive
  • Selling garden equipment and decorative products
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Gross disposable income of households
  • Household expenditure on repair, maintenance and improvements
  • Number of residential property transactions
  • Consumer sentiment index
  • ECB Marginal Lending Rate

  • Current Performance
    New dwellingsRising house pricesGovernment assistanceRevenue constraintsMarket structure
  • Chart: Revenue Growth

  • Industry Outlook
    Downstream demandFighting competitionOther business strategies
  • Table: Hardware & Home Improvement Stores Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Hardware & Home Improvement Stores Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Painting in Ireland
  • Consumers in Ireland
  • Building Construction in Ireland

  • Key Selling Industries
  • Construction Supplies Wholesaling in Ireland
  • Machine Tool Wholesaling in Ireland

  • Products & Services
  • Building materials and parts
  • Tools, hardware and equipment
  • Heating and plumbing equipment
  • Garden and outdoor equipment
  • Decor, paint and wallcoverings
  • Other
  • Chart: Hardware & Home Improvement Stores Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Households and do-it-yourself
  • Tradesmen and contractors
  • Do-it-for-me handymen
  • Other
  • Chart: Major Market Segmentation for the Hardware & Home Improvement Stores Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Rent
  • Depreciation
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Hardware & Home Improvement Stores

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Hardware & Home Improvement Stores Industry

  • Industry Globalization
    Grafton Group plc, B&Q Ireland Ltd,
  • Table: Grafton Group plc - financial performance
  • Table: B&Q Ireland Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Hardware & Home Improvement Stores Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Hardware & Home Improvement Stores Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Do-It-For-Me (Difm)
  • The process of hiring a professional to undertake home renovation, maintenance and improvements.
  • Do-It-Yourself (Diy)
  • The process of undertaking home improvements without the assistance of a professional.
  • Electronic Data Interchange (Edi)
  • The transmission of electronic documents between businesses from one computer system to another.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Hardware & Home Improvement Stores in Ireland market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Hardware & Home Improvement Stores in Ireland:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Hardware & Home Improvement Stores in Ireland market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Hardware & Home Improvement Stores in Ireland, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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