Impact of E-commerce Growth on the DIY Home Improvement Retailing Market: Major Factor in the Transformation of the Do-It-Yourself Home Improvement Retailing Market in 2025

How Will the Do-It-Yourself Home Improvement Retailing Market Grow, and What Is the Projected Market Size?
In recent times, there has been a robust growth in the DIY home improvement retail market. The market will expand from a value of $863.57 billion in 2024 to $926.89 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.3%. The considerable growth during the historic period reflects increased interest in DIY projects, a growing demand for custom interior design, changes in lifestyle habits, a rise in working women participating in home decoration, an upsurge in cost-aware consumers, and growth in the residential real estate sector.

In the coming years, the retail market for DIY home improvement is projected to experience significant growth, with an expected valuation of $1213.43 billion in 2029, reflecting a compound annual growth rate (CAGR) of 7.0%. The anticipated growth during the forecast period can be credited to factors such as the expansion of online sales channels, increased demand for wooden furnishings, a rising trend towards personalised lawn maintenance, heightened interest in DIY products, and the increased emergence of DIY-centric social media platforms and online instructional videos. Projected trends for the period include the incorporation of smart home technology, emphasis on sustainability and eco-friendly products, adoption of specialized, niche market products, advancements in AR-based virtual viewing of furniture and decor, and innovations in customised interior design.

What Are the Key Drivers Behind the Growth of the Do-It-Yourself Home Improvement Retailing Market?
The surge in e-commerce is predicted to accelerate the expansion of the do-it-yourself home improvement retailing market. This raise in e-commerce activity can be attributed to the widespread utilization of smartphones and internet accessibility, which provides consumers with convenience and an extensive range of product options. E-commerce plays a significant role in stimulating the do-it-yourself home improvement retail space, by providing customers with easy access to varied products, detailed how-to guides, and expedient delivery options. This, in turn, promotes more home makeovers thus bolstering market growth. For instance, as per the US Census Bureau of the Department of Commerce, a government agency in the US, retail e-commerce sales in the first quarter of 2024 in the US totalled to $289.2 billion. This signifies a 2.1% increase compared to the fourth quarter of 2023. Thus, the rise in e-commerce is steering the growth of the do-it-yourself home improvement retailing market.

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Who Are the Major Industry Players Fueling Do-It-Yourself Home Improvement Retailing Market Expansion?
Major companies operating in the do-it-yourself home improvement retailing market are Amazon.com Inc., The Home Depot Inc., Lowe's Companies Inc., IKEA, Groupe Adeo SA, Wesfarmers Limited, BayWa AG, Tractor Supply Company, Menard Inc., Bunnings Group Limited, OBI Group Holding SE and Co. KGaA, Ace Hardware Corporation, Toolstation Limited, HORNBACH Holding AG and Co. KGaA, Flipkart Private Limited, Home Hardware Stores Ltd., Grafton Group plc, Maxeda DIY Group B.V., Mr D.I.Y. Group, Castorama, Brico BricoPlanit, REWE Group, UBUY Inc., Wickes Group Plc, Praktiker AG

Which Key Developments Are Influencing the Do-It-Yourself Home Improvement Retailing Market?
Leading businesses in the do-it-yourself home improvement retail sector are prioritizing technological advancements like the incorporation of augmented reality (AR) and data analysis in their retail shops. This not only boosts client interaction but also promotes superior product visualization and streamlined inventory handling. The application of AR in home improvement retail revolutionizes the shopping journey by merging digital enhancements such as illustrative guides and product presentations into the physical retail atmosphere. A case in point is Lowe's Inc., an American home development and retail firm, that introduced an interactive digital doppelganger of their store in September 2022. Created in NVIDIA's Omniverse, Lowe's digital twin is essentially a virtual representation of a physical store. The idea borrows from landscape management by fusing spatial data with product positioning and purchasing history to create a 3D visual ensemble accessible on everything from desktops to AR headsets. This empowers Lowe's team members to actively engage with store data, thereby improving their capability to streamline operations and address customer requirements efficiently.

How Is the Segmentation of the Do-It-Yourself Home Improvement Retailing Market Defined?
The do-it-yourself home improvement retailing market covered in this report is segmented -

1) By Product: Lumber And Landscape Management, Tools And Hardware, Decor And Indoor Garden, Kitchen, Lighting And Other Products
2) By Application: Residential, Commercial
3) By Distribution: Offline, Online

Subsegments:
1) By Lumber And Landscape Management: Lumber, Plywood And Paneling, Wood Siding And Trims, Outdoor Furniture, Garden Tools And Equipment
2) By Tools And Hardware: Power Tools, Hand Tools, Fasteners And Adhesives, Paints And Paint Supplies, Safety Equipment
3) By Decor And Indoor Garden: Wall Décor, Flooring And Carpeting, Curtains, Blinds, And Shades, Indoor Plants And Gardening Supplies, Rugs And Mats
4) By Kitchen: Cabinets And Countertops, Kitchen Appliances, Kitchen Storage And Organization, Sinks And Faucets, Backsplashes And Tile
5) By Lighting And Other Products: Light Fixtures, Ceiling Fans And Ventilation, Bulbs And Lighting Accessories, Electrical Wiring And Components, Plumbing Fixtures And Supplies

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What Is the Leading Region in the Do-It-Yourself Home Improvement Retailing Market?
North America was the largest region in the do-it-yourself home improvement retailing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the do-it-yourself home improvement retailing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Do-It-Yourself Home Improvement Retailing Global Market Report?

- Market Size Analysis: Analyze the Do-It-Yourself Home Improvement Retailing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Do-It-Yourself Home Improvement Retailing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Do-It-Yourself Home Improvement Retailing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Do-It-Yourself Home Improvement Retailing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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