Building Material and Garden Equipment and Supplies Dealers Market

Building Material and garden equipment and supplies dealers Market Highlights

The global Building Material and garden equipment and supplies dealers market is expected to cross a market size of USD 2227.59 Billion by the end of 2033. The market size was valued at USD 1669.05 Billion in 2023 and is expected to expand at a CAGR of 7.8% between 2024-2033.

• Over the mid-term, the increasing urbanization worldwide is the primary factor anticipated to drive the global Building Material and garden equipment and supplies dealers market.
• Fluctuating Price of Raw Materials is a major factor to challenge the market growth.
• The North America Building Material and garden equipment and supplies dealers market is projected to dominate the global market.

Building Material and garden equipment and supplies dealers Market Outlook

The retailers that specializes in providing a wide range of products required for landscaping, gardening, renovating, and constructing buildings is known as building material and garden equipment and supplies dealer. These dealers are known for serving both individual consumers and professional contractors.

According to our experts at KD Market Insights, one of the major factors anticipated to drive the growth of the global building material and garden equipment and supplies dealers market is the increasing urbanization worldwide. The World Bank have reported that about 56% of the global population lived in cities. This represented 4.4 billion inhabitants. The report also stated that by 2050, the size of urban population would double from its current size. With increasing urbanization and the development of new housing projects globally, the need for building materials and garden supplies is on the rise, which is expected to contribute to the market growth in the coming years. The Home Depot Inc.; Lowe's Companies Inc.; Wesfarmers Limited; are some of the significant parties in the global market for Building Material and garden equipment and supplies dealers.

                                      Get More Insights on This Report - Request Free Sample PDF

Building Material and garden equipment and supplies dealers Market Drivers – Analyst’s Observation

According to the analysts at KD Market Insights, some key growth drivers for the global Building Material and garden equipment and supplies dealers market are:

• Surge in home improvement projects: The demand for home improvement projects are on the rise, driven by the increasing need for enhanced living spaces among individuals. This, as a result, has led to an increase in demand for building materials and garden equipment that help in renovating their homes or landscaping their outdoor living areas.
• Rise in popularity of DIY culture: Individuals round the globe are increasingly trying their hands out on DIY projects and are investing heavily on building materials and garden equipment. These interests have been developed as a result of the growing interests for self-sufficiency, health and wellness that has led to people adopting gardening and home improvement tasks. Such a factor is expected to contribute to the market growth in the coming years.

Which Probable Factors Could Hamper the Growing Building Material and garden equipment and supplies dealers Market Trend?

As per our KD Market Insights analysis, some of the challenges expected to limit the global market growth of Building Material and garden equipment and supplies dealers are:

• Fluctuating Price of Raw Materials: One of the major factors expected to limit the market growth during the forecast period is the increasing fluctuations witnessed in the price of lumber, steel, and other construction essentials. This price volatility impacts negatively the profit margins of the dealers, which in turn, is anticipated to hinder the market growth.
• Growing competition from online retailers: The market for building material and garden equipment and supplies dealers is experiencing massive competition from online retailers. With the increasing proliferation of e-commerce and rise in the number of consumers who prefer shopping online, the foot traffic of conventional brick-and-mortar stores has been diminished, thereby hampering the market expansion.

How is the Global Building Material and garden equipment and supplies dealers Market Segmented?

Our experts at KD Market Insights have segmented the global Building Material and garden equipment and supplies dealers market research report as:

What are the Probable Factors Influencing the North America Building Material and garden equipment and supplies dealers Market Forecast?

The North America Building Material and garden equipment and supplies dealers market is majorly driven by the aging housing stock in the region, which in turn, is contributing to the growing trend of home renovation and remodeling projects. On the other hand, there is a rising interest among property owners to increase their property value, which is also expected to contribute to the demand for building material and garden equipment and supplies. Moreover, the market growth in the region can also be attributed to the increasing influence from home improvement shows that create awareness among the consumers regarding the availability of different products that can be used for home renovation and remodeling projects.

As per our analysts at KD Market Insights, the following five players lead the North America Building Material and garden equipment and supplies dealers market growth:

• ABC Supply Co., Inc.
• 84 Lumber Company
• Beacon Roofing Supply, Inc
• BMC Stock Holdings, Inc
• Do it Best Corp

Which Key Players Top the Global Building Material and garden equipment and supplies dealers Market Share?

As per our analysts at KD Market Insights, the competitive landscape of global Building Material and garden equipment and supplies dealers market facilitates our readers in identifying their closest competitors. The manufacturers who are associated with Building Material and garden equipment and supplies dealers market are raising their focus on expanding their presence, as well as their market share. The market has also been witnessing an upward movement in the number of collaborations between research institutions and key players, aimed at introducing advanced technologies and innovation of new products. Here is a list of the key players who top the global Building Material and garden equipment and supplies dealers market share:

• The Home Depot Inc.
• Lowe's Companies Inc.
• Wesfarmers Limited
• Falabella SA
• Rewe Group
• Steinhoff International Holdings NV
• Ace Hardware Corporation
• Beijing Easyhome Investment Holding Group Co. Ltd.
• Menard Inc.
• Builders FirstSource Inc.
• Building Materials Holding Corporation
• Beacon Roofing Supply Inc.
• ABC Supply Co. Inc.
• 84 Lumber Company
• Allied Building Products Corp.
• Floor & Decor Holdings Inc.

What are the Recent Developments Observed in the Building Material and garden equipment and supplies dealers Market?

Over the years, the experts at KD Market Insights have been observing the recent developments associated with global Building Material and garden equipment and supplies dealers market trends. Our expert’s market forecast analysis has recorded the market players adopting plentiful of key strategies including new product launches, mergers & acquisitions, and collaborations.

For instance, Kodiak Building Partners stated that it has acquired Simonson Lumber in Minnesota​. This strategic partnership would allow the company to serve the growing construction market in the United States.

Further, GMS Inc. stated that it has entered into an agreement to acquire Yvon Building Supply, Inc., Yvon Insulation Corporation, Yvon Insulation Windsor, Laminated Glass Technologies, Inc., and Right Fit Foam Insulation Ltd, aimed at expanding the company’s presence in Southern Ontario.

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global Building Material and garden equipment and supplies dealers Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Type
      2. By Ownership
      3. By type of Store
      4. By Region
5. Market Segmentation by Type
   1. Building Material and Supplies Dealers,
   2. Lawn and Garden Equipment and Supplies Stores
6. Market Segmentation by Ownership
   1. Retail Chain
   2. Independent Retailer
   3. Market Segmentation by Type of store
   4. Exclusive Retailers/Showroom,
   5. Inclusive Retailers/Dealer Store
7. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Type, Ownership and type of store
8. Competitive Landscape
   1. Market Share Analysis
   2. Company Profiles
      1. The Home Depot Inc.
      2. Lowe's Companies Inc.
      3. Wesfarmers Limited
      4. Falabella SA
      5. Rewe Group
      6. Steinhoff International Holdings NV
      7. Ace Hardware Corporation
      8. Beijing Easyhome Investment Holding Group Co. Ltd.
      9. Menard Inc.
      10. Builders FirstSource Inc.
      11. Building Materials Holding Corporation
      12. Beacon Roofing Supply Inc.
      13. ABC Supply Co. Inc.
      14. 84 Lumber Company
      15. Allied Building Products Corp.
      16. Floor & Decor Holdings Inc.
9. Strategic Recommendations
10. Appendix
    1. List of Tables
    2. List of Figures
11. References