LONDON–(BUSINESS WIRE)–Technavio has been monitoring the do-it-yourself home improvement retailing market and it is poised to grow by USD 143.3 billion during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions-
- What was the value of the do-it-yourself home improvement retailing market in 2019?
- Technavio says that the value of the market was USD 601.43 billion in 2019 and is projected to reach USD 744.73 billion by 2024.
- At what rate is the market projected to grow during the forecast period 2020-2024?
- Growing at a CAGR of over 4%, the market growth will accelerate in the forecast period of 2020-2024.
- What is the key factor driving the market?
- The advent of e-commerce is one of the key factors driving market growth.
- Who are the top players in the market?
- ADEO, BAUHAUS E-Business GmbH & Co. KG, Home Depot Product Authority LLC, Kesko Corp., Kingfisher plc, Lowe’s Companies Inc., Toolstation Ltd., Travis Perkins Plc, Walmart Inc., and Wesfarmers Ltd. are some of the major market participants.
- Which region is expected to hold the highest market share?
- North America
- What is a major trend in the market?
- Emphasis on DIY home improvement projects for personalized interior designing is a major trend driving the market.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ADEO, BAUHAUS E-Business GmbH & Co. KG, Home Depot Product Authority LLC, Kesko Corp., Kingfisher plc, Lowe’s Companies Inc., Toolstation Ltd., Travis Perkins Plc, Walmart Inc., and Wesfarmers Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The advent of e-commerce has been instrumental in driving the growth of the market.
Do-It-Yourself Home Improvement Retailing Market 2020-2024: Segmentation
Do-It-Yourself Home Improvement Retailing Market is segmented as below:
-
Product
- Lumber and Landscape Management
- Tools and Hardware
- Decor and Indoor Garden
- Kitchen
- Others
-
Geographic Landscape
- APAC
- Europe
- MEA
- North America
- South America
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Do-It-Yourself Home Improvement Retailing Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our do-it-yourself home improvement retailing market report covers the following areas:
- Do-It-Yourself Home Improvement Retailing Market size
- Do-It-Yourself Home Improvement Retailing Market trends
- Do-It-Yourself Home Improvement Retailing Market analysis
This study identifies greater emphasis on DIY home improvement projects for personalized interior designing as one of the prime reasons driving the do-it-yourself home improvement retailing market growth during the next few years.
Do-It-Yourself Home Improvement Retailing Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the do-it-yourself home improvement retailing market, including some of the vendors such as ADEO, BAUHAUS E-Business GmbH & Co. KG, Home Depot Product Authority LLC, Kesko Corp., Kingfisher plc, Lowe’s Companies Inc., Toolstation Ltd., Travis Perkins Plc, Walmart Inc., and Wesfarmers Ltd. Backed with competitive intelligence and benchmarking, our research reports on the do-it-yourself home improvement retailing market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Do-It-Yourself Home Improvement Retailing Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist do-it-yourself home improvement retailing market growth during the next five years
- Estimation of the do-it-yourself home improvement retailing market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the do-it-yourself home improvement retailing market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of do-it-yourself home improvement retailing market vendors
Table of Contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five Forces Summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Lumber and landscape management – Market size and forecast 2019-2024
- Tools and hardware – Market size and forecast 2019-2024
- Decor and indoor garden – Market size and forecast 2019-2024
- Kitchen – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by Product
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver – Demand led growth
- Volume driver – Supply led growth
- Volume driver – External factors
- Volume driver – Demand shift in adjacent markets
- Price driver – Inflation
- Price driver – Shift from lower to provides information on units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ADEO
- BAUHAUS E-Business GmbH & Co. KG
- Home Depot Product Authority LLC
- Kesko Corp.
- Kingfisher plc
- Lowe’s Companies Inc.
- Toolstation Ltd.
- Travis Perkins Plc
- Walmart Inc.
- Wesfarmers Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
