In its latest report on DIY Home Improvement Market provides a concise analysis of the recent market trends. The report further includes statistics, market forecasts and revenue estimations, which in addition highlights its status in the competitive domain as well as expansion trends adopted by major industry players.
DIY Home Improvement Market is valued at USD 819.53Billion in 2018 and expected to reach USD 1137.57Billion by 2025 with the CAGR of 4.8% over the forecast period.
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DIY home improvement is a service refers to building projects that alter the structure of an existing home. It is used in renovation including improvements to lawns, gardens and outdoor structures such as gazebos and garages. It also incorporates maintenance, repair and general servicing tasks. End use of DIY home improvementis in residential and nonresidential buildings.Do-It-Yourself (D-I-Y) projects have become much easier for the average person.DIY home improvement are very popular which helps to turn marginal areas into livable spaces such as turning basements into recrooms, home theaters, or home offices – or attics into spare bedrooms.Home improvement can consist of projects that upgrade an existing home interior such as electrical and plumbing, exterior such as masonry, concrete, siding, roofingand other improvements to the property such as garden work or garage maintenance.
DIY home improvement marketreport is segmented on the basis of producttype, distribution channel,end-user and by regional & country level.Based upon producttype, DIY home improvement market is classified intolumber and landscape management, décor and indoor garden, kitchen, painting and wallpaper, tools and hardware, building materials, lighting, plumbing and equipment, flooring and electrical work.Based upon distribution channel, DIY home improvement market is classified intoDIY shops, online and other. Based upon end user, DIY home improvement market is classified into residential, commercial and others.
The regions covered in this DIY home improvement marketreport are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Key Players DIY Home Improvement MarketReports-
DIY home improvement marketreport covers prominent playersareDow Building Solutions, Ferguson Enterprises, Hanley Wood, LLC, DuPont Building Innovations, The Tapco Group, Kingfisher plc,The Home Depot, JELD-WEN, Kohler Co., Lutron Electronics, Masco Corporation, Harvey Building Products, Henkel Corporation, Pella Corporation, ABC Supply, Builders Firstsource, The Sherwin-Williams Company, Robert Bowden, Inc., Roxul Inc., SGC Horizon, AARP American Exteriors, LLC, Case Design/Remodeling Inc., Dreamstyle Remodeling, Andersen Corporation, Neil Kelly Company, Owens Construction, Power Home Remodeling Group, Rebuilding Together, Inc., Statewide Remodeling, Steves and Sons, Inc., Synchrony Financial, andOthers.
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Kingfisher launches GoodHome to Simplify Home Improvement
News:May 17, 2019 –Kingfisher, the home improvement company, launched GoodHome, a new international brand. GoodHome will deliver a simpler way of home improvers, their helpers and professionals with projects, big or small. This convenience store will helping a new way to shop for the most frequent home improvement projects as well as an effortless digital shopping experience and inspiration and give advice home improver from a team of skilled associates.
DIY Home Improvement MarketDynamics –
Increasing development of the construction industry, reducing living space, adoption of innovative interior & exterior like garden, smart kitchens etc. these are some key impacting factors deriving the growth of the global DIY home improvement market. According to estimates there was 2% increases (USD44 billion) in U.S. healthcare construction spending in 2019. Moreover, rise in investment in the global construction sector, specifically in the residential and commercial sector, growing population and urbanization, these factors will increases theDIY home improvement market growth in forecast period. According to the Our World in Data, more than 4 billion people live in urban areas across the globe. In addition, Increase in socialization including house parties and family gatherings will fueling the demand for home improvement services. In fact, a customer prefers convenience of online shopping and doorstep delivery of DIY home improvement products will further boost market growth over the forecast period.However,increasing prices of home building products and high cost with limited resources of raw materials will hamper the development of DIY home improvement market. However, innovative technology in constructionindustry and innovations in raw material are expected to boost the opportunity for the growth of DIY home improvement market.
DIY Home Improvement MarketRegional Analysis –
North America is expected to dominate theDIY home improvement market with the highest share followed by Europe due to rising awareness among the people about advanced development in home product, rapid economic recovery, growth in population & urbanization and increase in government efforts to enhance residential & public infrastructure and presence of leading vendors likeHORNBACH Baumarkt, Kingfisher and Travis Perkins. Presence of new builder in construction with quality, comfort, and energy efficiency for homes, these factors are expected to contribute to the regional growth in the forecast period.According to the Our World in Data, UN estimatesreport that 54 % of people in the world lived in urban areas in2016and United Nation willprojected that 68 % of the world’s population live in urban areasby 2050.
The Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period with due to the increase in construction industries, minimize labor cost for production and availability of effective infrastructure in emerging countries, such as China and India. These are the major factors increase the growth of markets in forecast period. National Bureau of Statistics of China, the housing construction area of real estate development enterprises was 8,938.21 million square meters in 2019.According to the National Bureau of Statistics, Building Construction data was reported at 14,882,953.173 RMB mn in Dec 2018 and this records an increase from the previous number of 13,570,352.523 RMB mn for Dec 2017.Furthermore,Growing housing prices in populated cities due to rapid urbanization will fueling the home improvement market in forcaste period.
Key Benefits for DIY Home Improvement MarketReports –
Global Market report covers in depth historical and forecast analysis.
Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Market report helps to identify opportunities in market place.
Global Market report covers extensive analysis of emerging trends and competitive landscape.
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DIY Home Improvement Market Segmentation –
By Product Type:-
Lumber and landscape management
Décor and indoor garden
Painting and wallpaper
Tools and hardware
Plumbing and equipment
By Distribution Channels:-
By Regional & Country Analysis:- (North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa)
Table of Content
1 Study Coverage
1.1 DIY Home Improvement Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global DIY Home Improvement Market Size
2.2 DIY Home Improvement Growth Rate (CAGR) 2020-2025
2.3 Analysis of Competitive Landscape
2.4 Key Trends for DIY Home Improvement Markets & Products
3 Market Size by Manufacturers
3.1 DIY Home Improvement Production by Manufacturers
3.2 DIY Home Improvement Revenue by Manufacturers
3.3 DIY Home Improvement Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
4 DIY Home Improvement Production by Regions
4.1 Global DIY Home Improvement Production by Regions
4.2 North America
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