Essential Resources - Start Here - GB320: Hardware - Spring 2024 - Sections 13,14,15,16,17,18 (Gopalan, Kahana, LeDoux, Li)

Industry and Market Reports

The following resources are ideal places to begin looking to learn about the industries and markets for a company's products or services. Read the selected reports for an overview of the current industry and market landscape of your company. Then, try searching for additional reports within these databases.

IBISWorld Industries and Markets This link opens in a new window
Searchable by industry, keyword, company name, and NAICS code, IBIS World Industries and Markets contains United States and Specialized Industry reports, selected Global Industry reports, and UK Brexit Impact Statements. Industry risk factors can be assessed using US Business Environment Profiles.

McErlaine, B. (2023, December). Hardware Stores in the US (US Industry Report 44413). IBISWorld. https://www.ibisworld.com/
Le, T. (2023, December). Home Improvement Stores in the US (US Industry Report 44411). IBISWorld. https://www.ibisworld.com/
Perdomo, C. (2023, December). Lawn & Outdoor Equipment Stores in the US. (US Industry Report 44421). IBISWorld. https://www.ibisworld.com/
Villaruel, D. (2023, May). Online Hardware & Tool Sales in the US (US Industry Report OD5074). IBISWorld. https://www.ibisworld.com/

Mintel Reports This link opens in a new window
Mintel offers market research reports covering U.S. and International marketplaces. Each report combines data and analysis of the competitive landscape, market share analysis and consumer profiles.

DiGirolamo, V. (2022). DIY Home Improvement Retailing - US – 2022. Mintel. https://www.mintel.com
Rosenberg, J. (2023). Improving the Home - US - 2023. Mintel. https://www.mintel.com
Smith, D. (2023). State of Retail and eCommerce - US - 2023. Mintel. https://www.mintel.com
Nelson, J. (2023). Digital Advertising- US - 2023. Mintel. https://www.mintel.com

Statista This link opens in a new window
Statista is a portal for quantitative data, statistics and related information. Use the search box to find information of interest, or choose from dropdowns providing access to information about industries, digital markets, consumer markets, and topics such as media, business, and society. Statistics, charts and/or graphs may be downloaded in the following formats: Excel, PNG Graphics, PowerPoint and PDF.

Statista. (2023). DIY & Hardware Store: market data & analysis. https://www.statista.com
Statista. (2023). DIY and home improvement in the U.S. - Statistics & Facts. https://www.statista.com
Statista (2023) Home improvement projects - statistics & facts. https://www.statista.com
Statista. (2023). E-commerce in the United States - statistics & facts. https://www.statista.com

Professional/Trade Associations

A great way to learn about a company's business practices is to look at professional association websites. These organizations support professionals or practitioners working in a specific industry, often publishing magazines or newsletters that focus on industry news, professional skills, and trends.

American Ladder Institute (ALI)
The American Ladder Institute (ALI) is a not-for-profit association dedicated to promoting safe ladder use. ALI represents the common business interests of its members who are affiliated with the ladder and ladder component manufacturing industry as well as allied associations and organizations.
North American Hardware and Paint Association (NHPA)
The North American Hardware and Paint Association's mission is to help independent home improvement, paint and decorating retailers, regardless of affiliations, become better and more profitable retailers.
National Independent Hardware Association of America (NIHAA)
The NIHAA is a trade association providing assistance and support to independently owned and operated hardware, lumber, and building materials retailers.