VISA Global Hardware & Tools

VISA Global Industry

Hardware & Tools

The hardware and tools industry is heavily dependent on trends in building construction, home renovation as well as household discretionary income. DIY home owners are one of the industry's largest sources of revenue. Recently, the demand for hardware and tools has been constrained by the trend of high-density, apartment-style living. People living in apartments have less scope to make structural changes to their homes, gardens and outdoor living areas. Nevertheless, the industry has seen steady growth over the past 5 years thanks to strong construction activity.

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