Magnet Source

Magnet Source Market Overview

According to Grips Intelligence in-store data from January to May 2026, Magnet Source maintains an average product price of $7.97 across tracked retailers. The brand's revenue is heavily concentrated at Ace Hardware, which commands a dominant 71.2% share, followed by Menards at 28.8%. Notably, Magnet Source has experienced a significant revenue decline of 24.5% over the tracked period, with a 15.8% drop in the most recent month alone. Despite the revenue downturn, the brand's average price has shown resilience, increasing 4.6% over the same timeframe. These trends suggest Magnet Source may be facing volume-related challenges rather than pricing pressure in the current market environment.