Take a Closer Look : Discover more insights from the Home Improvement Research Institute (HIRI) and dive deep into paint and sundry trends at hardwareretailing.com/hiri-paint-sundries. In the last few years, homeowners have been keen to level up their outdoor living spaces. …
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Insights from the Home Improvement Research Institute
Looking Forward: Discover more home improvement insights from HIRI at hardwareretailing.com/hiri-deceleration. Paint, particularly interior wall paint, has long been a go-to for many DIYers. With one of the highest DIY purchase incidences across home improvement categories, paint remains a constant …
Read More »Theme Of 2022: Unmet Expectations
Provided by the Home Improvement Research Institute To start 2022, the U.S. market was expected to transition out of the supply chain and labor difficulties caused by the pandemic. However, continued product and staffing shortages remained and were only intensified …
Read More »HIRI Predicts Deceleration of Home Improvement Spending Through 2024
The Home Improvement Research Institute (HIRI), the nation’s leading resource for market research concerning the home and building products industry, has forecasted the current national inflation bulge will lead to a deceleration in home improvement spending. Growth in the total …
Read More »Paint Insights From The Home Improvement Research Institute
In what seems to be a common refrain for many types of products and services involved in home remodeling and renovation, the paint product market has been overwhelmed with strong demand and supply constraints in the previous year. Early in …
Read More »What Your Customers Want to See Under Their Feet
The Home Improvement Research Institute is predicting a decrease in flooring sales this year, but retailers can prepare for the downturn by staying up to date on what’s trending and stocking the flooring that customers are most likely to purchase. …
Read More »Insights From The Home Improvement Research Institute
We at the Home Improvement Research Institute (HIRI) are routinely asked, “Where is the home improvement market headed?” The answer to this question has always been, “Well, it depends on which segment or category of the industry.” This question has …
Read More »Customer Insights in Light of Product and Material Shortages
According to the Home Improvement Research Institute (HIRI), 59.2% of customers shop at the same store for home improvement products regardless of what products they are shopping for, but 73.8% will buy a product at another store before waiting on …
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