2023-2027 Hardware Market Watch: Trends in Hardware Purchases [INFOGRAPHIC]

We con­sol­i­dat­ed data on res­i­den­tial hard­ware and extrap­o­lat­ed habits among con­sumers and Pros. 

These insights include the pri­ma­ry rea­sons why they choose to pur­chase var­i­ous kinds of hard­ware, such as door locks, gate hard­ware, dec­o­ra­tive hard­ware, and fas­ten­ers.

Here are the top hard­ware pur­chase trends to note:

Mem­bers have access to the full reports and raw data sets used to com­pile the infor­ma­tion in this info­graph­ic includ­ing the

1. 2021 Prod­uct Pur­chase Track­ing Study on Hardware
2. 2021 Project Deci­sion Study on Exte­ri­or Front Entrance Improvements
3. 2021 Retail Selec­tor Study, which includes infor­ma­tion on res­i­den­tial hard­ware purchases
4. The U.S. Size of Mar­ket Study (March 2023), which includes infor­ma­tion on hardware

HIRI mem­bers gain access to the raw data behind info­graph­ics like this one, to slice-and-dice the raw data to suit the needs of their own cus­tomer insights teams and answer cross-depart­­men­­tal ques­tions about how to take home improve­ment prod­ucts to market.

Join the ranks of the top man­u­fac­tur­ers and retail­ers in the home improve­ment space. Book your mem­ber­ship con­sul­ta­tion to learn more about what kinds of mem­ber-exclu­­sive infor­ma­tion and rela­tion­ships your teams would have access to.