The DIY (Do-It-Yourself) industry aims to help customers improve their homes without the need for any extra professional help. The market is driven in part by the growth of the residential real estate industry and by change in people's lifestyles. The industry slowed down due to the first lockdowns caused by the coronavirus (COVID-19) pandemic. However, with people spending most of their time at home and looking for ways to distract themselves from feelings of isolation, the DIY market experienced a swift recovery. Bricolage, house decoration, and outdoor spaces, such as gardens or balconies, are common areas to which DIYers dedicate their spare time. In Europe, the industry is steadily inching closer to the 100 billion euro revenue mark, making it one of the largest global markets alongside North America.
Do-it-yourself sales in the United States from 2013 to 2025, by store type (in billion U.S. dollars)
Further details: Visit original statistic Do-it-yourself sales in the United States from 2013 to 2025, by store type (in billion U.S. dollars)
Revenue in the United States DIY industry is forecast to reach roughly 624 billion U.S. dollars in 2025, and the majority of it is expected to be generated in home centers, specifically. In contrast, the Canadian DIY and home improvement market is substantially smaller than the U.S. market. However, it is still experiencing a healthy level of growth. DIY is also a very big industry in Europe, with a wide range of businesses set up in nearly all European countries.
DIY and home improvement in the United KingdomValue of the global flooring market from 2020 to 2028 (in billion U.S. dollars)
Further details: Visit original statistic Value of the global flooring market from 2020 to 2028 (in billion U.S. dollars)
Important market segments of the DIY industry include flooring, décor, gardening, lumberyards, building materials, painting & wallpaper, and tools & hardware. By 2028, the global flooring market is expected to grow to some 620 billion U.S. dollars. Key factors include increasing construction spending and growth in real estate projects. Meanwhile, timber and building materials revenues are expected to grow in the UK, while sales of household goods and hardware are forecast to decline by 2024.
Building, home & garden in the U.S.Number of Toys, Hobby & DIY e-commerce users in the United Kingdom from 2017 to 2025, by segment (in millions)
Further details: Visit original statistic Number of Toys, Hobby & DIY e-commerce users in the United Kingdom from 2017 to 2025, by segment (in millions)
The convenience offered by online stores is one major trend in the DIY industry. However, many still see the value in traditional in-store shopping. While some consumers utilize buy-online-pick-up-in-store options, others begin their product search online and proceed to buy in physical stores. Building online communities, such as creating an inspiration or tutorial channel, can provide added value to the shopping experience and help motivate and encourage consumers to tackle a DIY project.
Online vs. the specialty storeLeading home improvement retail companies worldwide in 2021, by sales (in billion U.S. dollars)
Further details: Visit original statistic Leading home improvement retail companies worldwide in 2021, by sales (in billion U.S. dollars)
With over 150 billion U.S. dollars in revenue in 2021, the U.S. company The Home Depot is not only the region's leading DIY and home improvement retailer, but also the world's leading company in the industry. It is followed by Lowe's and paint and coating manufacturer Sherwin-Williams. With sales amounting to roughly 18 billion U.S. dollars, the British company Kingfisher Group, which owns multiple brands such as B&Q, Castorama, Brico Dépôt, and Screwfix, ranked fourth.
The Home Depot's net sales worldwide
In the DIY retail category, Statista offers information concerning global revenues, market leaders and their key performance indicators, number of stores, and total expenditure. Information about the DIY’s industry segments, such as the flooring market, indoor gardening, home décor, lumberyards, building materials, painting and wallpaper, and tools and hardware are also included.
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)
