The global market for Do-it-Yourself (DIY) Home Improvement Retailing was valued at US$817.1 Billion in 2024 and is projected to reach US$959.1 Billion by 2030, growing at a CAGR of 2.7% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Technological advancements have played a crucial role in the evolution of DIY home improvement retailing. The advent of e-commerce platforms has revolutionized the way consumers shop for home improvement products, offering the convenience of online browsing and purchasing. Many retailers have developed robust online presences, complete with detailed product descriptions, customer reviews, and instructional videos. Augmented reality (AR) and virtual reality (VR) technologies are being utilized to help customers visualize their projects and make more informed purchasing decisions. In-store technologies, such as self-checkout kiosks and mobile payment options, have streamlined the shopping experience. Additionally, the integration of smart home technologies into product offerings has expanded the range of available products, enabling consumers to incorporate the latest innovations into their home improvement projects.
The growth in the DIY home improvement retailing market is driven by several factors. The increasing trend towards homeownership and the desire to personalize living spaces are primary drivers, as more people seek to invest in and enhance their homes. Economic factors, such as the rising cost of professional labor and materials, are encouraging more individuals to undertake projects themselves to save money. The proliferation of home improvement shows and online tutorials has also played a significant role, inspiring and educating consumers on how to tackle various projects. Technological advancements that improve the shopping experience and provide access to a wider range of products are further propelling market growth. Additionally, the COVID-19 pandemic has led to a surge in DIY activities, as people spend more time at home and seek productive and fulfilling ways to improve their living environments. These factors collectively ensure robust growth in the DIY home improvement retailing market, meeting the evolving needs and preferences of a diverse consumer base.
Do-it-Yourself (DIY) Home Improvement Retailing - Key Trends and Drivers
Do-it-yourself (DIY) home improvement retailing has become a significant segment of the retail industry, offering consumers a wide range of products and materials needed to undertake home improvement projects on their own. These retail stores provide everything from basic tools, paint, and hardware to more specialized items like plumbing fixtures, electrical supplies, and building materials. The appeal of DIY home improvement lies in the combination of cost savings and the satisfaction derived from personal accomplishment. Retailers in this sector, such as Home Depot, Lowe's, and smaller independent stores, cater to a broad customer base, including homeowners looking to tackle minor repairs, ambitious renovators, and hobbyists seeking to enhance their living spaces. These retailers often provide additional services, such as workshops, expert advice, and rental tools, to support customers in their projects.Technological advancements have played a crucial role in the evolution of DIY home improvement retailing. The advent of e-commerce platforms has revolutionized the way consumers shop for home improvement products, offering the convenience of online browsing and purchasing. Many retailers have developed robust online presences, complete with detailed product descriptions, customer reviews, and instructional videos. Augmented reality (AR) and virtual reality (VR) technologies are being utilized to help customers visualize their projects and make more informed purchasing decisions. In-store technologies, such as self-checkout kiosks and mobile payment options, have streamlined the shopping experience. Additionally, the integration of smart home technologies into product offerings has expanded the range of available products, enabling consumers to incorporate the latest innovations into their home improvement projects.
The growth in the DIY home improvement retailing market is driven by several factors. The increasing trend towards homeownership and the desire to personalize living spaces are primary drivers, as more people seek to invest in and enhance their homes. Economic factors, such as the rising cost of professional labor and materials, are encouraging more individuals to undertake projects themselves to save money. The proliferation of home improvement shows and online tutorials has also played a significant role, inspiring and educating consumers on how to tackle various projects. Technological advancements that improve the shopping experience and provide access to a wider range of products are further propelling market growth. Additionally, the COVID-19 pandemic has led to a surge in DIY activities, as people spend more time at home and seek productive and fulfilling ways to improve their living environments. These factors collectively ensure robust growth in the DIY home improvement retailing market, meeting the evolving needs and preferences of a diverse consumer base.
Report Scope
The report analyzes the Do-it-Yourself (DIY) Home Improvement Retailing market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments
Product (Lumber & Landscape Management Products, Tools & Hardware Products, Decor & Indoor Garden Products, Kitchen Products, Lighting Products, Other Products); Distribution Channel (Offline Distribution Channel, Online Distribution Channel).Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Lumber & Landscape Management Products segment, which is expected to reach US$225.6 Billion by 2030 with a CAGR of a 2.7%. The Tools & Hardware Products segment is also set to grow at 3.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $220.8 Billion in 2024, and China, forecasted to grow at an impressive 5.4% CAGR to reach $192.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Ace Hardware Corporation, ADEO, Amazon.com, Inc., BayWa Bau- & GartenmA¤rkte GmbH & Co.KG, Flipkart Internet Pvt Ltd and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Do-it-Yourself (DIY) Home Improvement Retailing Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Do-it-Yourself (DIY) Home Improvement Retailing Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Do-it-Yourself (DIY) Home Improvement Retailing Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 52 major companies featured in this Do-it-Yourself (DIY) Home Improvement Retailing market report include:
- Ace Hardware Corporation
- ADEO
- Amazon.com, Inc.
- BayWa Bau- & GartenmA¤rkte GmbH & Co.KG
- Flipkart Internet Pvt Ltd
- Grafton Group PLC
- hagebau connect GmbH & Co. KG
- Home Depot Inc.
- HORNBACH Holding AG and Co. KGaA
- Intergamma BV
- Kesko Corporation
- Lowe's Companies, Inc.
- Walmart, Inc.
- Wesfarmers Ltd.
- Wickes Group Plc
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Ace Hardware Corporation
- ADEO
- Amazon.com, Inc.
- BayWa Bau- & GartenmA¤rkte GmbH & Co.KG
- Flipkart Internet Pvt Ltd
- Grafton Group PLC
- hagebau connect GmbH & Co. KG
- Home Depot Inc.
- HORNBACH Holding AG and Co. KGaA
- Intergamma BV
- Kesko Corporation
- Lowe's Companies, Inc.
- Walmart, Inc.
- Wesfarmers Ltd.
- Wickes Group Plc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 295 |
| Published | February 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 817.1 Billion |
| Forecasted Market Value ( USD | $ 959.1 Billion |
| Compound Annual Growth Rate | 2.7% |
| Regions Covered | Global |
