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Hardware Stores in Northwest Territories

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS NT44413CA

Hardware Stores in Northwest Territories industry analysis

Revenue for the Hardware Stores industry in Northwest Territories is expected to grow an annualized x.x% to $x.x million over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to x locations over the past five years. Industry employment has increased an annualized x.x% to xx workers during the period, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x million, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to x locations over the next five years. Industry employment is expected to increase an annualized x.x% to xx workers during the outlook period, while industry wages likely increase x% to $x.x million.

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About the Hardware Stores in Northwest Territories Market Research Report

What’s Included in the Hardware Stores in Northwest Territories Market Research Report

Definition of the Hardware Stores in Northwest Territories?

The Hardware Stores industry in Canada primarily retails a wide range of new home renovation equipment and supplies. Hardware, lawn and garden supplies and lumber are the most commonly stocked goods. Consumers purchase the majority of the goods this industry supplies for private use, while contractors buy a smaller share for commercial use.

What’s included in the Hardware Stores in Northwest Territories?

The Hardware Stores in Northwest Territories includes retailing hardware, retailing lawn, garden and farm tools and equipment, retailing lumber, retailing paint and sundries and retailing other products, including plumbing fixtures and fittings, as well as electrical supplies. Related terms covered in the Hardware Stores in Northwest Territories industry report includes a category of customers who complete tasks and projects on their own that would generally be outsourced to a business or service provider, such as home renovations and wedding planning, a category of customers who typically purchase materials themselves and hire third parties or professionals to complete the projects and a retail store that is differentiated by its sheer size and large range of products, including electronics, household goods and other consumer products.

Industry Performance of the Hardware Stores industry in Northwest Territories

Benchmark the Hardware Stores in Northwest Territories industry performance with all NT Census Metropolitan Area and national performance.

Hardware Stores in Northwest Territories

#11 in Highest Revenue 0.4% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Hardware Stores in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Hardware Stores industry in Northwest Territories

See how key industry drivers, such as population, per capita disposable income, gross domestic product, residential renovation expenditure, value of nonresidential construction and consumer confidence index are impacting Hardware Stores in Northwest Territories

Northwest Territories Economic Indicators

Population
Per Capita Disposable Income
Gross Domestic Product

View more economic information in NT State Economic profile

Canada Key External Drivers

Residential renovation expenditure
Value of nonresidential construction
Consumer confidence index

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Hardware Stores industry in Northwest Territories

Access proprietary data on Census Metropolitan Area in the Hardware Stores in Northwest Territories, such as Yellowknife. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Hardware Stores industry in Northwest Territories

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Hardware Stores industry in Northwest Territories in 2025?

The market size of the Hardware Stores industry in Northwest Territories is $13.6m in 2025.

How many businesses are there in the Hardware Stores industry in Northwest Territories in 2025?

There are 6 businesses in the Hardware Stores industry in Northwest Territories, which has been growing at an average annual rate of 8.4% from 2020 to 2025.

Has the Hardware Stores industry in Northwest Territories grown or declined over the past 5 years?

The market size of the Hardware Stores industry in Northwest Territories has been growing at an average annual rate of 3.9% from 2020 to 2025.

How many employees in the Hardware Stores industry in Northwest Territories in 2025?

There are 33 employees in the Hardware Stores industry in Northwest Territories, which has been growing at an average annual rate of 3.3% from 2020 to 2025.