Press release
The UK DIY and Gardening Market 2018-2023 Strategies for success by B&Q, Homebase, B&M, Home Bargains, Wilko, ASDA, Tesco, Wyevale, Wickes, Screwfix, Argos, Amazon, Sainsbury's, Dobbies, Bunnings, Wesfarmers, Notcutts, Patch
DIY and Gardening
The DIY market will grow 9.5% between 2018 and 2023 - an additional £661m. The growth forecast to 2023 is at a lower rate than previous estimates due to the slower than anticipated recovery in the housing market. UK gardening spend will rise 8.6% between 2018 and 2023, boosted by an ageing population, the popularity of grow-your-own - in particular the trend for succulents and cacti among millennials - as well as the trend for outdoor living products, such as furniture.
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Scope
- Homebase’s market share has been significantly eroded after Wesfarmer’s disastrous acquisition. Learn which retailers have stolen its market share and how to capitalise on its fallout.
- Trade focused retailers are flourishing as the do-it-for-me trend grows and increases demand for tradesmen. Understand how this will impact the DIY market and learn what measures to take to overcome this threat.
- Understand how smaller homes and generation rent is negatively impacting the DIY & gardening market and how retailers can shift their propositions to overcome challenges.
- Online sales of DIY & gardening are forecast to increase by £598mn to 2023, an increase of 53.0% on 2018. Understand how retailers are driving this growth through new online concepts in gardening and faster fulfilment in DIY.
Reasons to buy
- Using our five year forecasts to 2023, learn which subcategories in both the DIY market and gardening market will be the fastest performing to ensure more focus and investment in these winning product areas.
- Use our in-depth analysis of struggling market leaders, B&Q and Homebase, to understand how to steal their shoppers and market share.
- Discover which segments of the market are forecast to prosper out to 2023 (value, midmarket or premium), and understand which retailers are best placed to take advantage.
- Utilise our strategies of success to identify growth opportunities and capitalise on emerging consumer trends.
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Companies Mentioned:
B&Q
Homebase
B&M
Home Bargains
Wilko
ASDA
Tesco
Wyevale
Wickes
Screwfix
Argos
Amazon
Sainsbury's
Dobbies
Bunnings
Wesfarmers
Notcutts
Patch
Some Major Points from Table of Content:
THE HOT ISSUES
Market drivers and inhibitors in underwear
Main issues in DIY & Gardening:
Value merchandisers are disrupting the market
Online penetration is set to grow substantially to 2023
Trade-focused players are gaining due to do-it-for-me
Demand is impacted by generation rent and small homes
Strategies for success
WHAT PEOPLE BUY
Headlines
The sector at a glance
Category growth: DIY
Category growth: Gardening
Overall market size: DIY
Overall market size: Gardening
Overall sector growth: DIY
Overall sector growth: Gardening
Category dynamics: DIY
Category growth: DIY
Category dynamics: Gardening
Category growth: Gardening
Spend per head
Spend per head - DIY
Spend per head - Gardening
Overall market size: Garden centers
Overall sector growth: Garden centers
Change in expenditure through garden centers
WHERE PEOPLE BUY
Headlines
Store visits
Channels of distribution
Market shares: DIY
Market shares: Gardening
Anticipated changes in share: DIY
Anticipated changes in share: Gardening
Five year market shares: DIY
Five year market shares: Gardening
Comparative metrics
Visited and purchased retailers: DIY
Visited and purchased retailers: Gardening
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UK DIY and Gardening 2016-2021
Summary
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%.
Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=517254&ptitle=UK+DIY+and+Gardening+2016-2021&req=Sample
Key Findings
– Decorative DIY is driving growth…
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