Tenax

Tenax Market Overview

According to in-store data from Grips Intelligence covering January 1 to August 31, 2026 across Lowe's, Home Depot, Ace Hardware and Amazon, Tenax — majority-owned since 2022 by an affiliate of private equity firm Sun Capital Partners — shows a heavily concentrated retail footprint. Lowe's alone accounts for 56.9% of year-to-date revenue, with Home Depot contributing 25.6% and Ace Hardware 13.6%, leaving Amazon a marginal 3.9% of the mix. Momentum has softened over the period, with revenue down 36.3% overall and a further 12.3% month-over-month decline in the most recent tracked month. Pricing, however, has moved in the opposite direction: the average product price climbed 17.2% to $59.43, well above the $50.65 period average. That combination of rising prices and falling revenue suggests unit volumes are contracting faster than the headline revenue figures imply.