Global DIY Home Improvement Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Lumber & Landscape Management, Decor & Indoor Garden, Kitchen, Painting & Wallpaper, Tools & Hardware, Building Materials, Lighting, Plumbing & Equipment, Flooring, Repair, Replacement, and Electrical Work.

By Distribution Channel;

DIY Shops, Online, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn792453278 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global DIY Home Improvement Market (USD Million), 2021 - 2031

In the year 2024, the Global DIY Home Improvement Market was valued at USD 955,556.70 million. The size of this market is expected to increase to USD 1,291,694.93 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.

The global DIY home improvement market has experienced significant growth over the past decade, fueled by a combination of factors such as increasing disposable incomes, a growing trend towards home renovation and decoration, and the popularity of do-it-yourself projects among homeowners. With a desire for customization and personalization, consumers are increasingly turning to DIY solutions to enhance their living spaces, whether it's revamping a kitchen, updating a bathroom, or creating bespoke furniture pieces. This trend is not only driven by cost-effectiveness but also by the satisfaction and sense of accomplishment that comes with completing a project independently.

The proliferation of online tutorials, blogs, and social media platforms has empowered consumers with the knowledge and inspiration needed to undertake DIY home improvement projects. From step-by-step guides to video demonstrations, individuals now have access to a wealth of resources to help them tackle everything from basic repairs to more complex renovations. This accessibility has democratized the home improvement process, allowing individuals of all skill levels to participate and contribute to the beautification and maintenance of their homes.

In addition to individual consumers, the rise of the sharing economy and collaborative consumption has given impetus to the growth of the global DIY home improvement market. Platforms that facilitate the exchange of tools, materials, and expertise among DIY enthusiasts have emerged, fostering a sense of community and camaraderie among like-minded individuals. This not only reduces the cost burden associated with home improvement projects but also promotes sustainability by promoting the reuse and repurposing of resources.

The future of the DIY home improvement market appears promising, with continued innovation in materials, tools, and techniques driving further growth. As consumers increasingly seek to personalize their living spaces and express their creativity, the DIY trend is expected to remain strong, offering ample opportunities for manufacturers, retailers, and service providers to cater to this burgeoning market segment.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global DIY Home Improvement Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Homeownership trends
        2. Growing disposable incomes
        3. DIY culture promotion
        4. Innovative product developments
      2. Restraints
        1. Economic uncertainties
        2. Skilled labor shortages
        3. Environmental concerns
        4. Regulatory limitations
      3. Opportunities
        1. Online retail expansion
        2. Smart home integration
        3. Urbanization effects
        4. Aging population demands
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global DIY Home Improvement Market, By Type, 2021 - 2031 (USD Million)
      1. Lumber & Landscape Management
      2. Decor & Indoor Garden
      3. Kitchen
      4. Painting & Wallpaper
      5. Tools & Hardware
      6. Building Materials
      7. Lighting
      8. Plumbing & Equipment
      9. Flooring
      10. Repair
      11. Replacement
      12. Electrical Work
    2. Global DIY Home Improvement Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. DIY Shops
      2. Online
      3. Others
    3. Global DIY Home Improvement Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ADEO
      2. Home Depot
      3. Lowe's
      4. Menard
      5. Walmart
      6. Ace Hardware
      7. Travis Perkins
      8. Bauvista
      9. The Sherwin-Williams Company
      10. Bauhaus
  7. Analyst Views
  8. Future Outlook of the Market