The revenue is forecast to experience significant growth in all segments in 2028. Especially notable is the remarkably robust growth observed in the DIY & Hardware Store segment as we approach the end of the forecast period. This value, reaching 0.9 billion U.S. dollars, stands out significantly compared to the average changes, which are estimated at 0.2471 billion U.S. dollars.
Data provided by Statista Market Insights are estimates.
Definition:
The DIY and Hardware Store market encompasses a vast retail landscape that focuses on home improvement and repair projects. With a wide range of products, including building materials, power tools, paint supplies, and lawn & garden equipment, these stores appeal to customers who prefer to tackle projects on their own rather than hire a professional. DIY & hardware stores provide all the necessary materials and tools, from simple repairs to complete renovations, allowing individuals to save money and express their creativity in their living spaces.
Structure:
The market is divided into seven different segments:
The Paint, Wallpaper & Supplies segment includes products used for interior and exterior decoration, renovation, and protection of residential buildings.
The Tools & Machines segment consists of products used for construction, maintenance, and repair tasks.
The Hardware & Building Materials segment includes a diverse range of products that play an important role in the structure, safety, and functionality of a building.
The Lawn & Garden segment encompasses products that help homeowners and landscapers to create and maintain attractive and functional outdoor living spaces.
The Heating & Cooling segment focuses on products that help regulate indoor temperatures, ensuring comfort, energy efficiency, and air quality in homes.
The Bathroom Hardware segment includes products designed to enhance the functionality and appearance of bathrooms.
The Floor Covering segment encompasses products that serve to protect the floor, enhance the appearance of the room, provide insulation and comfort, and can add value to a property.
Additional Information:
The market consists of revenue and average revenue per capita data. Per capita, figures take into account the whole population. This market includes only B2C (business-to-consumer) sales. B2B (business to business) sales (e.g., hardware for coffee shops, offices, etc.) are excluded. For more information on the displayed data, click the info button on the right-hand side of each box.
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Statista. (February 3, 2023). Revenue of DIY & hardware stores in South America from 2018 to 2024 with a forecast until 2028, by segment (in billion U.S. dollars) [Graph]. In Statista. Retrieved September 19, 2024, from https://www.statista.com/forecasts/1314762/south-america-hardware-store-revenue-forecast-by-segment
Statista. "Revenue of DIY & hardware stores in South America from 2018 to 2024 with a forecast until 2028, by segment (in billion U.S. dollars)." Chart. February 3, 2023. Statista. Accessed September 19, 2024. https://www.statista.com/forecasts/1314762/south-america-hardware-store-revenue-forecast-by-segment
Statista. (2023). Revenue of DIY & hardware stores in South America from 2018 to 2024 with a forecast until 2028, by segment (in billion U.S. dollars). Statista. Statista Inc.. Accessed: September 19, 2024. https://www.statista.com/forecasts/1314762/south-america-hardware-store-revenue-forecast-by-segment
Statista. "Revenue of Diy & Hardware Stores in South America from 2018 to 2024 with a Forecast until 2028, by Segment (in Billion U.S. Dollars)." Statista, Statista Inc., 3 Feb 2023, https://www.statista.com/forecasts/1314762/south-america-hardware-store-revenue-forecast-by-segment
Statista, Revenue of DIY & hardware stores in South America from 2018 to 2024 with a forecast until 2028, by segment (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1314762/south-america-hardware-store-revenue-forecast-by-segment (last visited September 19, 2024)
Revenue of DIY & hardware stores in South America from 2018 to 2024 with a forecast until 2028, by segment (in billion U.S. dollars) [Graph], Statista, February 3, 2023. [Online]. Available: https://www.statista.com/forecasts/1314762/south-america-hardware-store-revenue-forecast-by-segment