Hardware and gardening aesthetics feast! 2024 Las Vegas Hardware and Garden Show kicks off

National Hardware Show

The 2024 National Hardware Show (hereinafter referred to as NHS) was grandly held at the Las Vegas Convention Center in the United States from March 26 to 28. The exhibition is one of the largest and most famous professional hardware and garden exhibitions in North America. The exhibition area reached 120,000 square meters, with nearly 1,500 companies from 35 countries and regions participating, among which there were more Chinese companies, with nearly 700 exhibitors.

The exhibition is divided into three major themes: hardware tools, garden supplies, and household supplies. The on-site exhibits cover the latest DIY home decoration, paint, hardware tools, household supplies, home improvement channel supplies, plumbing, electrical, lawn, garden, outdoor life and other products. Diversified products from many different countries and cross-border procurement areas make the exhibition a global hardware, gardening and household supplies event.

This exhibition also specially launched an outdoor open-air barbecue area, which was very popular with the audience. The buyers on site enjoyed the latest hardware innovations, garden aesthetics and technological wonders, and felt the passionate collision of hardware tools and gardening.

Exhibition Introduction

The NHS exhibition was hosted by the British Reed Exhibitions Group and was founded in New York in 1945 and held annually. Reed Exhibitions Group won the right to host the exhibition in the early 1960s. The venue of the exhibition was changed to Chicago in 1975. It has been held in Las Vegas since 2004. The exhibition is one of the largest and most famous hardware tools and garden professional exhibitions in the world, and has been held for 75 sessions. The exhibits cover hardware tools, garden tools, small appliances, household items, etc. Exhibitors and visitors can jointly participate in various industry conferences with rich content, where industry professionals will give speeches on fashion trends and current market opportunities for furniture and home decoration retailers. In addition, a variety of activities will be held at the same time, which will add more charm to the NHS exhibition and bring more professional buyers.

Every year, the top 100 global buyers come to the site to purchase. Among the 100 largest home furnishing retailers in the United States, 89% of them participate in the hardware exhibition every year. The area of the Chinese exhibition area in the exhibition is expanding year by year, and the number of exhibitors is increasing rapidly. Many exhibitors come for the professionalism of NHS, and a considerable proportion of Chinese companies have participated in the exhibition for many consecutive years.

The exhibition also features a series of seminars and forums, providing exhibitors and visitors with the opportunity to gain in-depth insights, experiences and knowledge about the hardware and garden tool industry. The exhibition also provides exhibitors and visitors with a platform to understand market trends and technological innovations.

 Analysis of the US Hardware and Home Improvement Market

The United States is a highly developed modern country, with the world's largest GDP and a relatively large and developed modern market economy. Industrial production remains stable, and high-tech industries such as information and biology are developing rapidly. The United States has a sound legal system, a sound market system, a good business environment, and developed infrastructure. It has a stable global position in terms of market capacity, scientific and technological strength, educational innovation, and labor productivity.

The U.S. home improvement market is divided into building materials and home furnishings. Building materials mainly include basic decoration consumables such as hardware, wooden furniture, and bathroom tiles; home furnishings mainly include soft and matching home furnishings in bedrooms, living rooms, and dining rooms, as well as home decorations such as curtains and cushions. Overall, the U.S. building materials and home furnishings market has grown steadily. According to data from the NHPA (North American Building Materials and Coatings Association), the retail market size of hard decoration products such as building materials and coatings in the United States in 2020 was US$457 billion, with a compound growth rate of 6.2% from 2015 to 2020. According to data from the U.S. Department of Commerce, the total sales of furniture and home decoration retail stores in the United States in 2020 was US$115.56 billion, with a compound growth rate of 1.4% from 2015 to 2020.

After the outbreak of the epidemic in 2020, the US fiscal and monetary policies stimulated real estate demand and increased residents' purchasing power, respectively, supporting the expansion of the hardware tool market on the B-end and C-end. Before 2020, the annual growth rate of hardware tools was about 0-10%, showing the characteristics of "GDP+", while the industry growth rate reached 10-20% in 2020 and 2021.

Export situation of China's hardware industry

The hardware products industry is an important part of China's light industry. At present, the total output value of the entire industry exceeds 1 trillion yuan, including major product categories such as daily hardware, tool hardware, construction hardware, locks, kitchen equipment, and bathroom products. China has become an important producer and exporter of hardware products in the world.

Based on the differences in the uses of hardware products, the China Hardware Products Association divides them into eleven sub-industries, including construction hardware, tool hardware, bathroom products, daily hardware, cooking utensils, locks, and kitchen equipment, which correspond to a wide range of downstream application scenarios such as construction, industry, home, and catering.

As the world's largest steel producer and a country with a large population in the world, China has the advantages of low raw materials and labor costs for manufacturing hardware products. In recent years, my country's hardware product exports have maintained a steady growth trend and have become one of the world's major hardware processing and exporting countries.

According to customs statistics, in 2022, the total import and export volume of my country's hardware products industry was US$195.45 billion, a year-on-year increase of 1.3%. Among them, exports were US$169.76 billion, a year-on-year increase of 3.49%; imports were US$25.689 billion, a year-on-year decrease of 11.16%. The trade surplus was US$144.07 billion, a year-on-year increase of 6.62%.

The next exhibition is scheduled for

March 18-20, 2025

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