Global Do-It-Yourself Home Improvement Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product;
Lumber & Landscape Management, Decor & Indoor Garden, Kitchen, Painting & Wallpaper, and Others.By Distribution Channel;
Offline and Online.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Do-It-Yourself Home Improvement Market (USD Million), 2021 - 2031
In the year 2024, the Global Do-It-Yourself Home Improvement Market was valued at USD 783.25 million. The size of this market is expected to increase to USD 985.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.3%.
The global do-it-yourself (DIY) home improvement market has witnessed significant growth in recent years, driven by a combination of factors such as increasing urbanization, rising disposable incomes, and a growing trend towards personalized home renovation solutions. DIY home improvement encompasses a wide range of activities, including renovation, remodeling, decoration, and maintenance, undertaken by homeowners themselves rather than relying on professional services. This market segment has gained traction due to its cost-effectiveness, convenience, and the empowerment it offers to homeowners to personalize and customize their living spaces according to their preferences and budgets. With the proliferation of online tutorials, DIY forums, and easily accessible tools and materials, consumers are increasingly embracing the DIY approach to enhance their homes, driving the expansion of the global DIY home improvement market.
In addition to cost savings and convenience, DIY home improvement also reflects a shift towards sustainability and environmental consciousness. By opting to undertake home improvement projects themselves, homeowners can choose eco-friendly materials, implement energy-efficient solutions, and reduce waste generated during renovations. This emphasis on sustainability aligns with broader societal trends towards eco-conscious living and is driving the demand for DIY products and solutions that enable homeowners to make environmentally responsible choices while improving their living spaces. As technology continues to advance, with innovations such as smart home automation and IoT-enabled devices, the DIY home improvement market is poised for further growth, offering consumers increasingly sophisticated tools and solutions to enhance their homes while also contributing to a more sustainable future.
Global Do-It-Yourself Home Improvement Market Recent Developments
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January 2024: Mahogany, the global music brand behind video channels Mahogany Sessions, COVERS, and Lagoon, partnered with Believe, a digital music firm based in France, for an extended period. The collaboration is a launchpad for Mahogany Songs, the company's DIY artist distribution solution.
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August 2023: DecksDirect, a Harbour Group company, acquired DIY Home Center LLC ("DIY"), an online building products distributor focused on deck components and other select exterior building products.
Segment Analysis
The Global Do-It-Yourself (DIY) Home Improvement Market is segmented by product, distribution channel, and geography to provide a nuanced analysis of its dynamics. By product category, the market encompasses a wide array of offerings catering to diverse consumer needs. These include lumber and landscape management for outdoor projects, decor and indoor garden solutions for interior enhancement, kitchen upgrades for functional improvements, and options for painting and wallpapering to revitalize living spaces. The market includes various other products tailored to specific home improvement requirements, showcasing the breadth and depth of offerings within the DIY sector.
The distribution channels play a pivotal role in shaping the accessibility and reach of DIY home improvement products. The market is segmented into offline and online channels, reflecting the evolving consumer preferences and retail landscape. Offline channels encompass brick-and-mortar stores, home improvement centers, and specialty shops, providing hands-on experiences and expert assistance. The online segment, comprising e-commerce platforms and DIY-centric websites, offers convenience, extensive product assortments, and digital resources for consumers to research, compare, and purchase products from the comfort of their homes. The geographical segmentation spanning North America, Europe, Asia Pacific, Middle East & Africa, and Latin America further elucidates regional variations in consumer behaviors, market maturity, regulatory frameworks, and growth prospects, facilitating strategic decision-making and market expansion initiatives by industry stakeholders.
Global Do-It-Yourself Home Improvement Segment Analysis
In this report, the Global Do-It-Yourself Home Improvement Market has been segmented by Product, Distribution Channel and Geography.
Global Do-It-Yourself Home Improvement Market, By Product
The Global Do-It-Yourself Home Improvement Market has been segmented by Product into Lumber & landscape management, Decor & indoor garden, Kitchen, Painting & wallpaper, and Others.
The Decor & Indoor Garden segment encompasses a variety of interior design elements, including furniture, lighting fixtures, and indoor gardening supplies, offering consumers the opportunity to personalize their living spaces. The Kitchen segment focuses on renovations and upgrades related to kitchen spaces, including cabinetry, countertops, and appliances, reflecting the importance of kitchens as central hubs within homes. The Painting & Wallpaper segment addresses the demand for aesthetic enhancements, providing consumers with tools and materials for painting, wallpapering, and surface decoration. The "Others" category encompasses miscellaneous DIY home improvement products not covered by the aforementioned segments, demonstrating the breadth and depth of the market's offerings.
These segmented categories highlight the multifaceted nature of the Global Do-It-Yourself Home Improvement Market, catering to a wide spectrum of consumer needs and project requirements. Each segment represents a distinct opportunity for manufacturers, retailers, and service providers to tailor their offerings and marketing strategies to specific consumer demographics and trends. As consumers increasingly seek to personalize and enhance their living spaces, these segmented product categories are poised for continued growth and innovation, driving the evolution of the global DIY home improvement market.
Global Do-It-Yourself Home Improvement Market, By Distribution Channel
The Global Do-It-Yourself Home Improvement Market has been segmented by Distribution Channel into Offline and Online.
Offline channels encompass traditional brick-and-mortar stores, including home improvement retailers, hardware stores, and specialty DIY shops. These offline channels offer customers the advantage of tangible product inspection, immediate purchase gratification, and personalized assistance from knowledgeable staff. Offline channels facilitate a hands-on shopping experience, allowing consumers to physically engage with products, compare options, and seek expert advice, fostering trust and confidence in their purchases.
The Online distribution channel has emerged as a rapidly growing segment in the DIY home improvement market, driven by the increasing prevalence of e-commerce platforms and the convenience. Online channels provide consumers with the flexibility to browse a vast array of products from the comfort of their homes, compare prices and features, read reviews, and make purchases at any time convenient to them. Online retailers often offer a wider selection of products, competitive pricing, and the convenience of doorstep delivery, appealing to busy consumers seeking efficiency and cost-effectiveness.
Global Do-It-Yourself Home Improvement Market, By Geography
In this report, the Global Do-It-Yourself Home Improvement Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Do-It-Yourself Home Improvement Market Share (%), by Geographical Region, 2024
North America, being one of the leading regions in DIY home improvement, exhibits a mature market characterized by a strong culture of DIY enthusiasts, well-established retail networks, and a wide array of product offerings. Europe follows suit with a burgeoning DIY market driven by growing urbanization, increasing disposable incomes, and a trend towards self-reliant home improvement practices. The Asia Pacific region, on the other hand, presents significant growth opportunities fueled by rapid urban development, a rising middle-class population, and a growing interest in DIY culture among homeowners. The Middle East and Africa region showcases a nascent DIY market with untapped potential, driven by increasing urbanization rates and a gradual shift towards DIY home improvement practices.
Latin America, although currently a smaller market, demonstrates promise with rising consumer awareness, increasing access to DIY tools and materials, and a growing preference for cost-effective home improvement solutions. Each geographical segment is crucial for stakeholders in the DIY home improvement market to formulate targeted strategies, capitalize on emerging trends, and navigate challenges effectively. Fostering innovation, enhancing product accessibility, and establishing strategic partnerships with local stakeholders will be instrumental in unlocking the full growth potential of the DIY home improvement market across diverse regions.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Do-It-Yourself Home Improvement Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- DIY TV shows and online tutorials boost interest
- Online platforms offer DIY products
- Desire for personalized home decor
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Easy-to-use DIY tools and kits - Easy-to-use DIY tools and kits are designed with simplicity and user-friendliness in mind, catering to individuals with varying levels of expertise in home improvement projects. From basic hand tools like hammers and screwdrivers to advanced power tools and comprehensive DIY kits for specific projects, the market offers a wide array of options to meet diverse consumer needs. The accessibility and ease-of-use of these tools and kits empower homeowners to take on DIY projects with confidence, whether it's painting a room, assembling furniture, or renovating a kitchen.
The development of easy-to-use DIY tools and kits has democratized home improvement, making it more accessible to a broader demographic. With simplified instructions, ergonomic designs, and intuitive features, these tools and kits reduce barriers to entry for DIY enthusiasts, first-time homeowners, and individuals looking to save costs on professional services. As manufacturers continue to innovate and refine their product offerings, the market for easy-to-use DIY tools and kits is poised for further expansion, driving continued growth and adoption of DIY practices in the home improvement sector globally.
Restraints
- Limited tool and material availability
- Potential for property damage
- Fear of voiding warranties
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Projects can be time-consuming - Engaging in home improvement tasks often demands a significant investment of time, ranging from planning and preparation to execution and completion. DIY enthusiasts may find themselves dedicating weekends or even longer periods to tackle various projects, especially those involving renovations, installations, or complex repairs. This time commitment can be a deterrent for some homeowners, particularly those with busy schedules or limited availability. The lengthy duration required for DIY endeavors can potentially delay the completion of projects, impacting timelines and overall satisfaction.
Despite the time-consuming aspect, this characteristic also presents opportunities within the market. Manufacturers and retailers can develop and promote products that streamline DIY processes, reducing the time required for project completion. Service providers and online platforms can offer resources such as step-by-step guides, video tutorials, and project management tools to help consumers optimize their time and maximize efficiency.
Opportunities
- Eco-friendly DIY options
- Solutions for aging populations
- Virtual DIY consultations
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Subscription services for support - Subscription services offer subscribers access to a range of resources such as tutorials, personalized advice, and troubleshooting assistance, delivered through digital platforms or even physical kits. By subscribing to these services, DIYers gain the confidence and knowledge needed to tackle home improvement projects with greater ease and efficiency. These subscription models foster a sense of community among DIY enthusiasts, allowing them to share tips, tricks, and experiences, thereby enhancing the overall DIY experience.
From a market perspective, subscription services for DIY support present lucrative opportunities for businesses operating within the home improvement sector. By offering subscription-based models, companies can establish recurring revenue streams while building long-term relationships with customers. These services enable companies to gather valuable data and insights into consumer preferences and behavior, facilitating targeted marketing strategies and product development efforts.
Competitive Landscape Analysis
Key players in Global Do-It-Yourself Home Improvement Market include
- BAUHAUS AG
- BAUVISTA GmbH & Co. KG
- EUROBAUSTOFF Handelsgesellschaft mbH & Co. KG
- Groupe Adeo
- HORNBACH Baumarkt AG Group
- Intergamma BV
- Kesko Corp.
- Kingfisher Plc
- OBI Group Holding SE & Co. KGaA
- Travis Perkins Plc
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Do-It-Yourself Home Improvement Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- DIY TV shows and online tutorials boost interest
- Online platforms offer DIY products
- Desire for personalized home decor
- Easy-to-use DIY tools and kits
- Restraints
- Limited tool and material availability
- Potential for property damage
- Fear of voiding warranties
- Projects can be time-consuming
- Opportunities
- Eco-friendly DIY options
- Solutions for aging populations
- Virtual DIY consultations
- Subscription services for support
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Do-It-Yourself Home Improvement Market, By Product, 2021 - 2031 (USD Million)
- Lumber & landscape management
- Decor & indoor garden
- Kitchen
- Painting & wallpaper
- Others
- Global Do-It-Yourself Home Improvement Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Offline
- Online
- Global Do-It-Yourself Home Improvement Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Do-It-Yourself Home Improvement Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape Analysis
- Company Profiles
- BAUHAUS AG
- BAUVISTA GmbH & Co. KG
- EUROBAUSTOFF Handelsgesellschaft mbH & Co. KG
- Groupe Adeo
- HORNBACH Baumarkt AG Group
- Intergamma BV
- Kesko Corp.
- Kingfisher Plc
- OBI Group Holding SE & Co. KGaA
- Travis Perkins Plc
- Company Profiles
- Analyst Views
- Future Outlook of the Market