Authored By: Sarah
30 Dec 2022

Do-It-Yourself Home Improvement Retailing Market Share will Witness a YOY Growth Rate of 3.66% in 2023

The do-it-yourself (DIY) home improvement retailing market share is estimated to grow at a CAGR of 4.41% between 2022 and 2027. The size of the market is forecast to increase by USD 186.33 million. The do-it-yourself (DIY) home improvement retailing market will witness a YOY of 3.66% in 2023. 

“Greater emphasis on DIY home improvement projects for personalized interior designing and Uptake of AR applications for home improvement projects will boost the market growth”, says a senior analyst at Technavio. 

Do-It-Yourself Home Improvement Retailing Market Share will Witness a YOY Growth Rate of 3.66% in 2023 

Technavio’s report on Do-It-Yourself Home Improvement Retailing Market is segmented by distribution channels (Offline and Online), Product (Lumber and landscape management, Tools and Hardware, Decor and indoor garden, Kitchen, and Other), Geography (North America, Europe, APAC, South America, and the Middle East and Africa)

The do-it-yourself (DIY) home improvement retailing market by the offline segment will be significant during 2023-2027. With the increase in the number of independent retailers worldwide, the sales of DIY home improvement products through this channel are expected to increase during the forecast period. North America will contribute 43% of growth rate during the forecast period. 

Some of the key do-it-yourself (DIY) home improvement retailing market vendors are BAUHAUS E Business Gesellschaft fur Bau und Hausbedarf mbH & Co. KG, BayWa Bau & Gartenmarkte GmbH & Co. KG, GLOBUS Markthallen Holding GmbH & Co. KG, Grafton Group plc, Groupe Adeo, hagebau connect GmbH & Co. KG, Hornbach Baumarkt AG, Improve Inc., Kingfisher Plc, Lowes Companies Inc., Menard Inc., MR.D.I.Y. Group M Berhad, OBI Group Holding SE & Co. KGaA, Otto GmbH & Co. KG, REWE Group, Stark Group AS, The Home Depot Inc., Travis Perkins Plc, Wesfarmers Ltd., and Wickes Group Plc  

Some of the Vendor Offerings are: 

bauhaus.info- The company offers do it yourself home improvement retailing such as decorative stones, colored sand, and self adhesive mosaic.

globus.de- The company offers do it yourself home improvement retailing such as gardening tools, building material, and flooring material. 

Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact on the market in focus. Download the PDF Sample Report 

Key Elements Included in the Do-It-Yourself Home Improvement Retailing Market Report: 

  • The do-it-yourself (DIY) home improvement retailing market report covers indepth information about key vendors and their product offerings. 

  • The key driver, trends and challenges, market opportunities and the detailed market impact analysis 

  • Five force analysis to analyze the potential of buyers and suppliers and the competitive industry scenerio. 

  • Do-it-yourself (DIY) home improvement retailing industry across North America, Europe, APAC, South America, and the Middle East and Africa. 

 

 

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