DIY Home Improvement Retailing Market: 4.08% Y-O-Y Growth Rate in 2021

NEW YORK, June 28, 2022 /PRNewswire/ — The DIY Home Improvement Retailing Market 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.

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The DIY Home Improvement Retailing Market Share is expected to increase by USD 154.76 billion from 2020 to 2025 with an accelerated CAGR of 5%, according to the recent market study by Technavio.

Segmentation by Product (In-Scope/Out-of-Scope)

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Moreover, the report also provides Value Chain Analysis which helps companies gain a competitive advantage in the market. The Value Chain of the DIY Home Improvement Retailing Market includes the following core components:

• Inputs

• Inbound logistics

• Operations

• Outbound logistics

• Marketing and sales

• Service

• Support activities

• Innovation

Highlights-

• Segmentation- The 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).

• Key Companies- 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.

• Driver- Greater emphasis on DIY home improvement projects for personalized interior designing to drive the market.

• Challenge– Shifting consumer preference for DIFM from DIY culture to hamper the market growth.

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Vendor Insights-

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.

• ADEO- The company offers wide range of do-it-yourself and professional solutions that covers plumbing, lighting, heating, electricity, sanitation, security, cooking, gardening and much more.

• BAUHAUS AG- The company offers products for home improvement, gardening, and workshop.

• Home Depot Inc.- The company offers wide range of do-it-yourself and professional solutions such as home decor ideas, bathroom projects and ideas, kitchen projects, and much more.

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DIY Home Improvement Retailing Market Challenge:

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Do-it-Yourself Home Improvement Retailing Market in Europe by Product, Distribution Channel, and Geography – Forecast and Analysis 2021-2025: The DIY home improvement market share in Europe is expected to increase by USD 26.42 billion from 2021 to 2025, and the market’s growth momentum will accelerate at a CAGR of 3%. Find More Exclusive Research Insights Here

Online Apparel Retailing Market by Product, End-user, and Geography – Forecast and Analysis 2021-2025: The online apparel retailing market share is expected to increase by USD 87.45 billion from 2021 to 2025, and the market’s growth momentum will accelerate at a CAGR of 10.61%. Find More Exclusive Research Insights Here

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Product

6 Customer landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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SOURCE Technavio