Do-it-Yourself (DIY) Home Improvement Retailing Market In Europe to witness USD 26.42 Bn growth

NEW YORK, July 20, 2022 /PRNewswire/ — The “Do-it-Yourself Home Improvement Retailing Market in Europe by Product, Distribution Channel, and Geography – Forecast and Analysis 2021-2025” report by Technavio expects the market size to increase by USD 26.42 billion between 2020 and 2025. The market observed a YOY growth of 2.60{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in 2021 and the growth momentum is expected to accelerate at a CAGR of 2.85{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} during the forecast period. The report provides a comprehensive analysis of recent developments, new product launches, major revenue-generating segments, and market behavior across geographies. Download PDF Sample Report

The DIY home improvement retailing market in Europe is fragmented, with numerous market players and a few established players. The competition is based on different factors such as price, quality, technology, brand, and variety, with companies resorting to various marketing strategies to increase their market share. The practice of sustainability is essential for future production and is well-applied by major competitors. The competitors in the market are likely to expand their presence in markets with traditionally low penetration. An increase in the production capacity will allow competitors to meet the surging demand for DIY home improvement products from DIY enthusiasts.

Rising interest in DIY home improvement projects has been instrumental in driving the growth of the market. However, increasing threats from the DIFM market might hamper market growth. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. BAUHAUS AG, BAUVISTA GmbH & Co. KG, EUROBAUSTOFF Handelsgesellschaft mbH & Co. KG, Groupe Adeo, HORNBACH Baumarkt AG Group, Intergamma BV, ITM Entreprises (Les Mousquetaires SAS), Kesko Corp., Kingfisher Plc, and OBI Group Holding SE & Co. KGaA are among some of the major market participants.

The do-it-yourself (DIY) home improvement retailing market in Europe is segmented as below:

The lumber and landscape management segment will have the largest share of the market. The market growth in the segment will be significant during the forecast period.

The offline distribution channel segment accounted for maximum sales in the market in 2021. The high penetration of physical stores and an expansive product assortment are some of the key factors driving the growth of the segment.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The do-it-yourself (DIY) home improvement retailing market in Europe report covers the following areas:

Do-it-Yourself (DIY) Home Improvement Retailing Market in Europe 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025

• Detailed information on factors that will assist do-it-yourself (DIY) home improvement retailing market growth in Europe  during the next five years

• Estimation of the do-it-yourself (DIY) home improvement retailing market size in Europe  and its contribution to the parent market

• Predictions on upcoming trends and changes in consumer behavior

• The growth of the do-it-yourself (DIY) home improvement retailing market in Europe

• 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 (DIY) home improvement retailing market vendors in Europe

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Table of Contents:

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Product

6 Market Segmentation by Distribution channel

7 Customer landscape

8 Geographic Landscape

9 Drivers, Challenges, and Trends

10 Vendor Landscape

11 Vendor Analysis

12 Appendix

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Technavio is a leading global technology research and advisory company. Their research and analysis focus 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.

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