The Paint, Wallpaper & Supplies Market within the DIY & Hardware Store Market in Croatia has been experiencing minimal growth due to factors such as decreasing consumer interest in DIY projects and the availability of online shopping options for these products. Despite these challenges, the market continues to offer convenient options and a variety of products for consumers.
Customer preferences: The DIY & Hardware Store Market in Croatia has seen a rise in demand for eco-friendly and sustainable paint and wallpaper options, in line with the growing environmental consciousness among consumers. Additionally, there has been a shift towards DIY home renovation and decoration projects, as people spend more time at home. This has resulted in a surge in sales of paint and wallpaper supplies in hardware stores, as individuals look for affordable and convenient ways to give their living spaces a refresh.
Trends in the market: In Croatia, the Paint, Wallpaper & Supplies Market within the DIY & Hardware Store Market is seeing a trend towards eco-friendly products. This is driven by increasing awareness and demand for sustainable materials among consumers. Additionally, there is a rise in online sales of these products, as more customers prefer the convenience of shopping from home. These trends are expected to continue, with potential implications for industry stakeholders including a need to adapt packaging and marketing strategies to cater to the eco-conscious consumer and invest in e-commerce capabilities to remain competitive.
Local special circumstances: In Croatia, the Paint, Wallpaper & Supplies Market within the DIY & Hardware Store Market is driven by a strong DIY culture and a growing trend of home renovation projects. The market is also heavily influenced by the country's tourism industry, with a demand for high-quality and unique interior design products. In addition, government regulations promoting sustainable and environmentally friendly products have also impacted the market, leading to a rise in demand for eco-friendly paint and wallpaper options.
Underlying macroeconomic factors: The Paint, Wallpaper & Supplies Market within the DIY & Hardware Store Market in Croatia is influenced by macroeconomic factors such as consumer spending, economic growth, and government policies. With Croatia experiencing steady economic growth and a relatively stable political and regulatory environment, the market is expected to continue its expansion. Additionally, rising disposable incomes and a growing middle class in the country are driving demand for home improvement and renovation products, including paint, wallpaper, and other supplies. Moreover, ongoing investments in construction and infrastructure development projects, coupled with increasing urbanization, are also contributing to the growth of the paint and wallpaper market in Croatia.
Data coverage:
Data encompasses B2C enterprises. Figures are segmented by product type and consist of the following: Paint, Wallpaper & Supplies, Tools & Machines, Hardware and Building Materials, Lawn & Garden, Heating & Cooling, Bathroom Hardware, and Floor Covering.Modeling approach / Market size:
Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as product value, import value, and export value to determine domestic supply. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing. The main drivers are turnover indices, GDP per capita, and consumer spending per capita.Additional Notes:
The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
