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Impact of E-commerce Growth on the DIY Home Improvement Retailing Market: A Key Driver Powering Do-It-Yourself Home Improvement Retailing Market Growth In 2025
Do-It-Yourself Home Improvement Retailing
What Is the Current Do-It-Yourself Home Improvement Retailing Market Size and Its Estimated Growth Rate?
The do-it-yourself home improvement retailing market is projected to grow from $863.57 billion in 2024 to $926.89 billion in 2025, reflecting a CAGR of 7.3%. The popularity of DIY projects, demand for personalized interior design, lifestyle changes, and increased participation of working women are among the key growth drivers.
The do-it-yourself home improvement retailing market is expected to grow to $1213.43 billion by 2029, with a CAGR of 7.0%. This growth is supported by expanding online sales channels, rising adoption of wooden furnishings, increased demand for personalized lawn management, growing popularity of DIY products, and the emergence of DIY-focused social media platforms and online tutorials. Major trends include smart home integration, eco-friendly products, personalized and niche products, AR-based virtual previews, and innovations in personalized interior design.
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How Are Emerging Segments Shaping the Do-It-Yourself Home Improvement Retailing Market Landscape?
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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Which Growth Factors Are Influencing Do-It-Yourself Home Improvement Retailing Market Expansion?
The do-it-yourself home improvement retailing market is expanding with the rise of e-commerce, driven by smartphone use and internet access. Online platforms give consumers easier access to home improvement products and tutorials. According to the U.S. Census Bureau, retail e-commerce sales reached $289.2 billion in Q1 2024, a 2.1% increase from Q4 2023. This e-commerce growth is fueling the DIY home improvement retailing market.
Who Are the Dominant Players Across Different Do-It-Yourself Home Improvement Retailing Market Segments?
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
What Are the Latest Developing Trends in the Do-It-Yourself Home Improvement Retailing Market?
Companies in the do-it-yourself (DIY) home improvement retailing market are integrating technologies like augmented reality (AR) and data analysis to improve customer engagement and optimize inventory management. For instance, in September 2022, Lowe's Inc., a US-based home improvement retailer, launched a digital twin of its stores built on NVIDIA's Omniverse. This virtual replica helps store associates enhance operations by visualizing store data and product locations, improving customer experiences.
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Which Geographic Regions Are Expected to Dominate the Do-It-Yourself Home Improvement Retailing Market in the Coming Years?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Do-It-Yourself Home Improvement Retailing Market?
2. What is the CAGR expected in the Do-It-Yourself Home Improvement Retailing Market?
3. What Are the Key Innovations Transforming the Do-It-Yourself Home Improvement Retailing Industry?
4. Which Region Is Leading the Do-It-Yourself Home Improvement Retailing Market?
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