Do-it-Yourself (DIY) Home Improvement Retailing Market was valued at USD 450 Billion in 2212 and is projected to reach USD 680 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
Looking to the future, the Do-it-Yourself (DIY) Home Improvement Retailing Market is set for continued growth from 2023 to 2033. Demand is expected to rise as the trend of home personalization and renovation remains strong. Millennials and Gen Z homeowners, who value self-sufficiency and budget-friendly solutions, will drive much of the market's growth. Technological advancements such as virtual reality tools and augmented reality apps will enhance the consumer experience, allowing customers to visualize their projects in real-time before purchasing products. This will further empower DIY enthusiasts to take on more ambitious home improvement tasks. Moreover, as sustainability becomes a key concern, eco-friendly DIY materials and energy-efficient solutions are expected to gain traction. The market will also see the emergence of new retail models, with more companies offering subscription-based services, tool rentals, and more specialized products for niche markets. Furthermore, the growing focus on home maintenance and repairs, spurred by a more uncertain economic landscape, will continue to keep the DIY market resilient.
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The Do-it-Yourself (DIY) Home Improvement Retailing Market has experienced significant transformations from 2018 to 2212. A surge in consumer interest for home renovation and personalization drove the market's expansion during this period. With the growing popularity of online shopping and an increase in disposable incomes, DIY home improvement retailing saw a rise in both demand and competition. The market was further fueled by a boom in homeownership and the desire to create personalized living spaces, with consumers increasingly seeking affordable, high-quality materials and tools to complete their projects at home. In these years, the market saw substantial growth in the sales of home improvement products, ranging from paints and adhesives to power tools and outdoor furniture. E-commerce platforms played a pivotal role in this trend, as consumers flocked to online stores for convenience and competitive pricing. Retail giants, as well as niche suppliers, adopted digital marketing strategies, offering DIY enthusiasts easy access to a wide range of products, tutorials, and project guides. In addition, the influence of social media and DIY influencers contributed to the market's expansion, with individuals sharing their renovation projects and tips, sparking inspiration among their audiences.
ADEO
BAUHAUS
HORNBACH Baumarkt
Kingfisher
Travis Perkins
Intergamma
Les Mousquetaires
Sherwin-Williams Company
Toolstation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Do-it-Yourself (DIY) Home Improvement Retailing Market
Offline
Online
Based on Types the Market is categorized into Below types that held the largest Do-it-Yourself (DIY) Home Improvement Retailing market share In 2023.
Décor and indoor garden
Painting and wallpaper
Tools and hardware
Building materials
Lighting
Plumbing and equipment
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Do-it-Yourself (DIY) Home Improvement Retailing Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Do-it-Yourself (DIY) Home Improvement Retailing Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Do-it-Yourself (DIY) Home Improvement Retailing Market, By Type
6. Global Do-it-Yourself (DIY) Home Improvement Retailing Market, By Application
7. Global Do-it-Yourself (DIY) Home Improvement Retailing Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Do-it-Yourself (DIY) Home Improvement Retailing Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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