Press release
DIY Home Market Demand Analysis 2022 by 38.2% CAGR with Size, Share, In-depth Insights by Top Manufacturers, Dominant Sectors and Forecast 2029
The Global DIY Home Market is forecast to reach above USD 42.24 billion by rising at a compound annual growth rate (CAGR) of 38.2% throughout the forecast period from 2022 To 2029DIY Home Market Overview
Homeowners can do tasks on their own with the use of DIY home renovation tools, equipment, and appliances thanks to a variety of DIY home improvement items and activities. Interest in DIY interior design has increased as a result of lifestyle changes. Additionally, the increasing number of working women and their involvement in the decision-making process for house décor are driving up sales of the materials needed for such projects in the developing world. Consequently, DIY home remodelling goods are becoming more and more popular. Using DIY items reduces long-term expenditures compared to hiring pricey staff.
The global DIY Home market report widely offers the latest information about technological developments and market growth forecasts based on the regional landscape.
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Industry Development
In February 2021, The Home Depot recently opened a new distribution center in Dallas, Texas, focused on the fast fulfillment of online orders. The new 1.5 million-square-foot facility will deliver millions of online products directly to customers' homes or for pickup at local stores.
Research Methodology:
To calculate the market size, the report considers the revenue generated from the sales of DIY Home market manufacturers. The revenue created from the sales of DIY Home Market has been calculated through primary and secondary research.
The market size assessment also considered leading players revenues as part of triangulation the key players considered are Itsy Bitsy, Toolstation, Home Depot Product Authority, LLC, Amazon.com, Inc, Walmart India, K-GROUP, UBYLD RETAIL PRIVATE LIMITED, flipkart.com., Lowe's, UBUY CO., Smartlabs, Inc., Nortek, Inc., Nestlabs, Inc. and Others.
The DIY Home Market has been segmented as below:
DIY Home Market by Offerings, 2020-2029, (USD Million)
Hardware
Managed Services
DIY Home Market by Technology, 2020-2029, (USD Million)
Network Technologies
Wireless Technologies
Protocols & Standards
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DIY Home Market: Regional Analysis
Geographically, this report is segmented into several key countries, with market size, growth rate, import and export of DIY Home market in these countries, which covering North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico and Rest of the World.
Geographically, the market is dominated by APAC, North America and Europe.
Major Key areas that have been focused on in the report:
Raw material supply analysis
Major trends noticed in the Global DIY Home Market
Market Geographic limitations, and pricing issues
Distribution, scheduling, performance, and supplier requirements
Growth opportunities that may emerge in the industry in the upcoming years
In-depth value chain analysis
Sustainability trends and environmental concerns
Market Gap and Opportunities
Global Market Growth Drivers, Opportunities, and Constraints.
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Gain comprehensive insights on the industry trends
Identify industry opportunities and key growth segments
Obtain complete market study on the DIY Home market
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UK DIY and Gardening 2016-2021
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Decorative DIY is driving growth in the DIY market as customers carry out small DIY projects themselves and get the professionals in for larger, more difficult tasks. It is expected to grow by 13.1% between 2016 and 2021e.
The largest subsector in gardening, greenstock and growing media, will be the key driver of growth over the next five years, increasing by 14.5%.
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Key Findings
– Decorative DIY is driving growth…