The DIY (Do-It-Yourself) industry aims to help customers improve their homes without the need for any extra professional help. The market is driven in part by the growth of the residential real estate industry and by change in people's lifestyles. Bricolage, house decoration, and outdoor spaces, such as gardens or balconies, are common areas to which DIYers dedicate their spare time. On a global scale, hardware and building materials generate the highest revenue compared to other sectors in the industry, such as flooring, bathroom hardware, paint supplies, and tools. In 2023, the revenue of building materials was forecast to reach over 1.7 billion U.S. dollars.
Do-it-yourself sales in the United States from 2013 to 2027, by store type (in billion U.S. dollars)
Further details: Visit original statistic Do-it-yourself sales in the United States from 2013 to 2027, by store type (in billion U.S. dollars)
The majority of the DIY market revenue is generated in home centers. In the United States, home center sales are estimated to reach 379 billion U.S. dollars in 2027. In contrast, the Canadian DIY and home improvement market is substantially smaller than the U.S. market. However, it is still experiencing a healthy level of growth. DIY is also a very big industry in Europe, with a wide range of businesses set up in nearly all European countries.
Home improvement in the U.S.Value of the global flooring market from 2022 to 2031 (in billion U.S. dollars)
Further details: Visit original statistic Value of the global flooring market from 2022 to 2031 (in billion U.S. dollars)
Important market segments of the DIY industry include flooring, décor, gardening, lumberyards, building materials, painting & wallpaper, and tools & hardware. By 2031, the global flooring market is expected to grow to some 420 billion U.S. dollars. Key factors include increasing construction spending and growth in real estate projects.
Floor covering sales in the U.S.Number of Toys, Hobby & DIY e-commerce users in the United Kingdom from 2019 to 2027, by segment (in millions)
Further details: Visit original statistic Number of Toys, Hobby & DIY e-commerce users in the United Kingdom from 2019 to 2027, by segment (in millions)
The convenience offered by online stores is one major trend in the DIY industry. However, many still see the value in traditional in-store shopping. While some consumers utilize buy-online-pick-up-in-store options, others begin their product search online and proceed to buy in physical stores. Building online communities, such as creating an inspiration or tutorial channel, can provide added value to the shopping experience and help motivate and encourage consumers to tackle a DIY project.
Global furniture e-commerce market sizeLeading home improvement retail companies worldwide in 2022, by sales (in billion U.S. dollars)
Further details: Visit original statistic Leading home improvement retail companies worldwide in 2022, by sales (in billion U.S. dollars)
With over 150 billion U.S. dollars in revenue in 2021, the U.S. company The Home Depot is not only the region's leading DIY and home improvement retailer, but also the world's leading company in the industry. It is followed by Lowe's and paint and coating manufacturer Sherwin-Williams. With sales amounting to roughly 18 billion U.S. dollars, the British company Kingfisher Group, which owns multiple brands such as B&Q, Castorama, Brico Dépôt, and Screwfix, ranked fourth.
The Home Depot's net sales worldwide
In the DIY retail category, Statista offers information concerning global revenues, market leaders and their key performance indicators, number of stores, and total expenditure. Information about the DIY’s industry segments, such as the flooring market, indoor gardening, home décor, lumberyards, building materials, painting and wallpaper, and tools and hardware are also included.
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