Latest News- DIY Home Improvement Market in Europe: Lumber and landscape management is expected to lead the Product segment during 2025-2029

The DIY Home Improvement Market in Europe is being driven by Rising interest in DIY home improvement projects

The DIY Home Improvement Market in Europe is expected to grow at a CAGR of 3.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 32.9 billion. The European DIY home improvement market is undergoing significant technological transformations, with major players such as Adeo, Kingfisher, and Travis Perkins spearheading innovation and product diversification to maintain a competitive edge. Kingfisher, for instance, has introduced advanced mobile in-store technology, enabling consumers to conduct mobile checkouts, access a service tool for product location and inventory checks, and utilize live chat features. Additionally, Kingfisher's mobile application offers an enhanced in-store map and a catalog featuring augmented reality (AR) previews of various DIY products, allowing customers to virtually preview furniture in their spaces before purchase. These advancements not only cater to evolving consumer preferences but also enable companies to differentiate themselves in a saturated market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Lumber and landscape management
  • Decor and indoor garden
  • Painting and wallpaper
  • Others
• Distribution Channel
  • Offline
  • Online
• Product Category
  • Tools
  • Hardware
  • Flooring
  • Plumbing
• End-User
  • Homeowners
  • Renters
  • DIY Enthusiasts
• Project Type
  • Renovation
  • Repair
  • Decoration
• Geography
  • Europe
    • Germany
    • UK
    • France
    • Italy

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising interest in DIY home improvement projects
• Smart home technology
• Growth of residential real estate industry

However, the market also witnesses some limitations, which are as follows:

• Increasing threat from DIFM industry
• Complexities in using DIY home improvement tools
• High complications in logistics and supply chain operations

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Market Scope in DIY Home Improvement Market in Europe Research Report

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Research Analysis Overview

In the DIY home improvement market in Europe, discover software for home renovation projects, ensuring building code compliance. Learn tool maintenance tips, sourcing materials, managing project timelines, and disposing of waste safely. Stay informed on safety regulations, energy audits, water usage monitoring, and security system integration. Explore landscaping techniques, deck design ideas, fence types, and repair methods. Plan home maintenance schedules, select plumbing fixtures, upgrade electrical systems, install insulation, repair drywall, paint, and install flooring, tile, cabinets, countertops, windows, and doors. Secure home improvement loans, budget wisely, and use a project completion checklist.

Market Research Overview

The European DIY home improvement market encompasses a range of product categories within the broader global housewares and specialties market. This market includes smart home devices, home automation systems, renovation project management tools, and interior design software. According to Technavio, the global household durables market size is determined by the consolidated revenues of manufacturers in sectors such as consumer electronics, homebuilding, household appliances, housewares and specialties, and leisure products. Market growth is driven by several factors, including the introduction of housewares with innovative designs and vibrant colors, catering to consumer preferences for stylish and distinctive kitchenware.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/