Global DIY Home Improvement Industry Insights: Market Size, Growth Analysis and Forecast
Report ID : 1400779 | Published : July 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the DIY Home Improvement Industry is categorized based on Tools (Hand Tools, Power Tools, Garden Tools, Painting Tools, Safety Equipment) and Materials (Lumber & Composites, Flooring, Paint & Coatings, Electrical, Plumbing) and Home Improvement Products (Kitchen & Bath, Outdoor Living, Lighting, Storage & Organization, Home Decor) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
The DIY Home Improvement Industry was worth $800 billion in 2023 and is forecasted to reach $1,200 billion by 2033, growing at a CAGR of 4.2% over the period 2024-2033. This report covers various segments and analyzes the key trends and factors influencing the market significantly.
The do-it-yourself home improvement industry has been experiencing growth lately particularly due to the increased interest shown by consumers and the availability of online information that allows homeowners to undertake remodeling work on their own. As people become more inclined towards customizing their dwelling to suit their individual character and lifestyle, there has been a rise in the need for DIY application and products which also means a new business opportunities in this line of industry. The employees stock variety of products such as paint, tools, flooring, garden supplies among others for both the novice do it yourself and the expert enthusiasts.
This expansion has also been stirred up by the switch globally to a more green approach which promotes use of eco-friendly practices. Consumers have been inclined to pick environmentally friendly materials and energy efficient options which has triggered businesses to think of ways to satisfy such demands. Understanding consumer behavior becomes crucial as businesses can develop strategies to meet the needs of a rapidly changing market. Such environment makes understanding consumer behavior very critical and calls for extensive research of the market. At Verified Industry insights, we try to understand diverse profit making patterns including the moving wheel – the demand, shifts in consumer wants and behavior and the competitors supply strategies focusing on provision of better services to the consumers in the do-it-yourself sector.
| ATTRIBUTES | DETAILS |
| STUDY PERIOD | 2023-2033 |
| BASE YEAR | 2023 |
| FORECAST PERIOD | 2024-2033 |
| HISTORICAL PERIOD | 2023-2024 |
| UNIT | VALUE (USD BILLION) |
| KEY COMPANIES PROFILED | The Home Depot, Lowe's Companies Inc., Walmart Inc., Ace Hardware, Menards, Tractor Supply Company, IKEA, Amazon.com Inc., B&Q, Screwfix, Kingfisher plc |
| SEGMENTS COVERED |
By Tools - Hand Tools, Power Tools, Garden Tools, Painting Tools, Safety Equipment
By Materials - Lumber & Composites, Flooring, Paint & Coatings, Electrical, Plumbing
By Home Improvement Products - Kitchen & Bath, Outdoor Living, Lighting, Storage & Organization, Home Decor
By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
DIY Home Improvement Industry Dynamics
The DIY Home Improvement Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
Market Drivers
- Technological Advancements
- Increasing Consumer Demand
- Regulatory Support
- Globalization
Market Restraints
- High Operational Costs
- Regulatory Challenges
- Market Saturation
Market Opportunities
- Emerging Markets
- Product Innovation
- Strategic Partnerships
Market Challenges
- Technological Disruptions
- Supply Chain Issues
- Changing Consumer Preferences
DIY Home Improvement Industry Segmentations
Market Breakup by Tools
- Overview
- Hand Tools
- Power Tools
- Garden Tools
- Painting Tools
- Safety Equipment
Market Breakup by Materials
- Overview
- Lumber & Composites
- Flooring
- Paint & Coatings
- Electrical
- Plumbing
Market Breakup by Home Improvement Products
- Overview
- Kitchen & Bath
- Outdoor Living
- Lighting
- Storage & Organization
- Home Decor
Market Breakup by Region
North America
- United States of America
- Canada
- Mexico
Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Others
Asia Pacific
- China
- Japan
- India
- ASEAN
- Australia
- Others
Latin America
- Brazil
- Argentina
- Mexico
- Others
Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Nigeria
- South Africa
- Others
Key Players in the DIY Home Improvement Industry
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
- The Home Depot
- Lowe's Companies Inc.
- Walmart Inc.
- Ace Hardware
- Menards
- Tractor Supply Company
- IKEA
- Amazon.com Inc.
- B&Q
- Screwfix
- Kingfisher plc
Customization Options
Verified Industry Insights offers one of the following report customization options to our respectable clients :
Company Profiling
● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)
Competitive Benchmarking
● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.
Custom Research
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