Do-It-Yourself Home Improvement Retailing Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR41196
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The do-it-yourself (DIY) home improvement retailing market has the potential to grow by USD 154.76 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.66%.

This do-it-yourself home improvement retailing market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (lumber and landscape management, tools and hardware, kitchen, and others) and geography (North America, Europe, APAC, South America, and MEA). The do-it-yourself home improvement retailing market report also offers information on several market vendors, including ADEO, BAUHAUS AG, BAUVISTA GmbH and Co. KG, Home Depot Inc., Kesko Corp., Kingfisher Plc, Lowes Companies Inc., Travis Perkins Plc, Walmart Inc., and Wesfarmers Ltd. among others.

What will the Do-it-Yourself (DIY) Home Improvement Retailing Market Size be in 2021?

Do-it-Yourself-(DIY)-Home-Improvement-Retailing-Market-Market-Size-2020-2025

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Do-it-Yourself (DIY) Home Improvement Retailing Market: Key Drivers and Trends

The greater emphasis on DIY home improvement projects for personalized interior designing is notably driving the DIY home improvement retailing market growth, although factors such as shifting consumer preference for DIFM from DIY culture may impede the market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the do-it-yourself home improvement retailing industry get your FREE report sample now.

  • The do-it-yourself home improvement retailing industry growth is expected to accelerate over the next five years due to the greater emphasis on DIY home improvement projects for personalized interior designing.
  • The change in lifestyles has raised the interest of individuals in DIY interior designing.
  • In developing regions, the growing population of working women and their participation in the decision-making process for home decoration are driving the sales of products required for such projects.
  • The use of DIY products lowers the long-term costs of work outsourced to expensive labor, which will be a significant factor in driving the demand for DIY home improvement products over the next five years.
  • The advent of e-commerce, free pickup, and delivery opportunities by key competitors will fuel the growth of the DIY home improvement retailing market size.
  • Convenient and comfortable shopping has become very important because of hectic lifestyles and work schedules.
  • Many key competitors have opened their own online stores to offer cheap pickup and delivery services. This reduces the efforts of the consumers to get their DIY home improvement products by incurring extra costs.
  • Home Depot Product Authority, LoweÔÇÖs, and Walmart, in their online stores, charge minimal shipping charges, pickup, and delivery charges. 

This do-it-yourself home improvement retailing market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Do-it-Yourself (DIY) Home Improvement Retailing Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • ADEO
  • BAUHAUS AG
  • BAUVISTA GmbH and Co. KG
  • Home Depot Inc.
  • Kesko Corp.
  • Kingfisher Plc
  • Lowes Companies Inc.
  • Travis Perkins Plc
  • Walmart Inc.
  • Wesfarmers Ltd.

 

The DIY home improvement retailing market is fragmented and the vendors are deploying growth strategies such as developing new products to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the do-it-yourself home improvement retailing market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Do-it-Yourself (DIY) Home Improvement Retailing Market?

Do-it-Yourself-(DIY)-Home-Improvement-Retailing-Market-Market-Share-by-Region-2020-2025

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49% of the market’s growth will originate from North America during the forecast period. The US is a key market for do-it-yourself home improvement retailing in North America. However, the market growth rate in North America will be slower than the growth of the market in other regions.

The rising number of dual-income households and the increasing purchasing power of individuals will facilitate the do-it-yourself home improvement retailing market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Do-it-Yourself (DIY) Home Improvement Retailing Market?

Do-it-Yourself-(DIY)-Home-Improvement-Retailing-Market-Market-Share-by-Product-2020-2025

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The do-it-yourself home improvement retailing market share growth by the lumber and landscape management segment will be significant during the forecast period. This segment owes several opportunities for the market in focus where the increasing adoption of wooden furnishings, lawn management, and gardening are expected to propel the growth of the DIY home improvement retailing market in this segment during the forecast period. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the DIY home improvement retailing market size.

 

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What are the Key Factors Covered in this Do-it-Yourself (DIY) Home Improvement Retailing Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive do-it-yourself home improvement retailing market growth during the next five years
  • Precise estimation of the do-it-yourself home improvement retailing market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the do-it-yourself home improvement retailing industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of do-it-yourself home improvement retailing market vendors

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Do-it-Yourself (DIY) Home Improvement Retailing Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5%

Market growth 2021-2025

$ 154.76 billion

Market structure

Fragmented

YoY growth (%)

4.08

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 49%

Key consumer countries

US, Germany, France, UK, and China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ADEO, BAUHAUS AG, BAUVISTA GmbH and Co. KG, Home Depot Inc., Kesko Corp., Kingfisher Plc, Lowes Companies Inc., Travis Perkins Plc, Walmart Inc., and Wesfarmers Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Lumber and landscape management - Market size and forecast 2020-2025
    • Tools and hardware - Market size and forecast 2020-2025
    • Kitchen - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by Product

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption
      • Competitive scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • ADEO
      • BAUHAUS AG
      • BAUVISTA GmbH and Co. KG
      • The Home Depot Inc.
      • Kesko Corp.
      • Kingfisher Plc
      • Lowes Companies Inc.
      • Travis Perkins Plc
      • Walmart Inc.
      • Wesfarmers Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
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      The do-it-yourself (diy) home improvement retailing market growth will increase by $143.30 billion during 2019-2024.
      The do-it-yourself (diy) home improvement retailing market is expected to grow at a CAGR of 4.37% during 2019-2024.
      Technavio has segmented the do-it-yourself (diy) home improvement retailing market by product (Lumber and landscape management, Tools and hardware, Decor and indoor garden, Kitchen, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
      ADEO, BAUHAUS E-Business GmbH & Co. KG, Home Depot Product Authority LLC, Kesko Corp., Kingfisher Plc, Toolstation Ltd., Travis Perkins Plc, Walmart Inc., Wesfarmers Ltd. are a few of the key vendors in the do-it-yourself (diy) home improvement retailing market.
      North America will register the highest growth rate of 49.22% among the other regions. Therefore, the do-it-yourself (diy) home improvement retailing market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the do-it-yourself (diy) home improvement retailing market growth are:
      • Greater emphasis on DIY home improvement projects for personalized interior designing
      The do-it-yourself (diy) home improvement retailing market vendors should focus on grabbing business opportunities from the lumber and landscape management segment as it accounted for the largest market share in the base year.
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