Today’s market size is the value of sales made through hardware stores in the United States in 2011. Sales were down slightly from 2008 (0.06%) but higher than sales in 2009 and 2010. Hardware stores as measured here do not include large building supply stores such as Home Depot or Lowes. For those familiar with the industrial coding system [North American Industrial Classification System – NAICS] used by the U.S. Census Bureau, as well as the corresponding data gathering agencies in Canada and Mexico, this industry is number 44413.
Geographic reference: United States
Year: 2011
Market size: $20.13 billion
Source: “Annual Revision of Monthly Retail and Food Services: Sales and Inventories—January 1992 through March 2012,” Monthly & Annual Retail Trade, available online here.
Original source: U.S. Department of Commerce, Bureau of the Census
Posted on January 31, 2013