DIY Home Improvement Market Size (2024)

Market Size of DIY Home Improvement Industry

Share

Study Period	2020 - 2029
Market Size (2024)	USD 0.89 Trillion
Market Size (2029)	USD 1.43 Trillion
CAGR (2024 - 2029)	9.94 %
Fastest Growing Market	Asia-Pacific
Largest Market	North America
Major Players *Disclaimer: Major Players sorted in no particular order

DIY Home Improvement Market Analysis

The DIY Home Improvement Market size is estimated at USD 0.89 trillion in 2024, and is expected to reach USD 1.43 trillion by 2029, growing at a CAGR of 9.94% during the forecast period (2024-2029).

The do-it-yourself (DIY) home improvement market has grown significantly in recent years. It is expected to expand significantly throughout the forecast period. The DIY home improvement industry is anticipated to grow rapidly in the next few years due to the growing customer preference for DIY items and the notable uptick in the adoption of cutting-edge technologies. The increasing number of employed women in emerging nations and their involvement in interior design decision-making drive the sales of the materials needed for these projects. Subsequently, there is an increasing adoption of DIY home improvement products. The use of DIY products lowers long-term costs compared to work outsourced to expensive labor. Therefore, the demand for DIY home improvement products is a significant factor driving the market studied.

DIY Home Improvement Industry Segmentation

"Do it yourself" (DIY) refers to creating, altering, or fixing something without the support of specialists or professionals. The report includes a thorough background analysis of the DIY home improvement market, which consists of the evaluation of the economy and the contribution of its various sectors, a market overview, an estimate of the market size for important market segments, and emerging trends within those segments, market dynamics and insights, and important statistics. The market is segmented by product type (lumber and landscape management, decor and indoor garden, kitchen, painting and wallpaper, tools and hardware, building materials, lighting, plumbing and equipment, flooring, repair and replacement, and electrical work), distribution channel (DIY home improvement stores, specialty stores, online, and furniture), and geography (North America, South America, Europe, Asia-Pacific, and the Middle East and Africa). The report offers market size and forecasts for the global DIY home improvement market in value in USD for all the above segments.

DIY Home Improvement Market Size Summary

Explore More

DIY Home Improvement Market Size - Table of Contents

1. 1. MARKET INSIGHTS AND DYNAMICS

   1. 1.1 Market Overview

   2. 1.2 Market Drivers

      1. 1.2.1 Increasing Customization and Personalization

      2. 1.2.2 Increasing Home Improvement and Renovation Trends

   3. 1.3 Market Restraints

      1. 1.3.1 Lack of Expertise Restraining the Market

      2. 1.3.2 The Cost of the Materials can be a Significant Restraint

   4. 1.4 Market Opportunities

      1. 1.4.1 Growing Number of DIY Retail Stores Provides an Opportunity for Individuals to Showcase and Sell their DIY Creations

   5. 1.5 Value Chain/Supply Chain Analysis

   6. 1.6 Porter's Five Forces Analysis

      1. 1.6.1 Threat of New Entrants

      2. 1.6.2 Bargaining Power of Buyers/Consumers

      3. 1.6.3 Bargaining Power of Suppliers

      4. 1.6.4 Threat of Substitute Products

      5. 1.6.5 Intensity of Competitive Rivalry

   7. 1.7 Insights into Technological Advancements in the Industry

   8. 1.8 Impact of COVID-19 on the Market

2. 2. MARKET SEGMENTATION

   1. 2.1 By Product Type

      1. 2.1.1 Lumber and Landscape Management

         See Also

         DIY Things to Make and Sell from Home

      2. 2.1.2 Decor and Indoor Garden

      3. 2.1.3 Kitchen

      4. 2.1.4 Painting and Wallpaper

      5. 2.1.5 Tools and Hardware

      6. 2.1.6 Building Materials

      7. 2.1.7 Lighting

      8. 2.1.8 Plumbing and Equipment

      9. 2.1.9 Flooring, Repair, and Replacement

      10. 2.1.10 Electrical Work

   2. 2.2 Distribution Channel

      1. 2.2.1 DIY Home Improvement Stores

      2. 2.2.2 Specialty Stores

      3. 2.2.3 Online

      4. 2.2.4 Furniture and Other Physical Stores

   3. 2.3 Geography

      1. 2.3.1 North America

         1. 2.3.1.1 United States

         2. 2.3.1.2 Canada

         3. 2.3.1.3 Rest of North America

      2. 2.3.2 Europe

         1. 2.3.2.1 United Kingdom

         2. 2.3.2.2 Germany

         3. 2.3.2.3 Rest of Europe

      3. 2.3.3 Asia-Pacific

         1. 2.3.3.1 India

         2. 2.3.3.2 Japan

         3. 2.3.3.3 Rest of Asia-Pacific

      4. 2.3.4 South America

         1. 2.3.4.1 Brazil

         2. 2.3.4.2 Peru

         3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle East and Africa

         1. 2.3.5.1 Saudi Arabia

         2. 2.3.5.2 United Arab Emirates

         3. 2.3.5.3 Rest of Middle East and Africa

DIY Home Improvement Market Size FAQs

• DIY Home Improvement Market Size
• DIY Home Improvement Market Share
• DIY Home Improvement Market Trends
• DIY Home Improvement Companies
• DIY Home Improvement News