Key Trends Reshaping the Do-It-Yourself Home Improvement Retailing Market: Technological Advancements In DIY Home Improvement Retail Through AR Integration Industry Transformation

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Do-It-Yourself Home Improvement Retailing Market Size Growth Forecast: What to Expect by 2025?
The retail market for DIY home improvements has been noticeably expanding in the past few years. It is projected to climb from a market size of $863.57 billion in 2024 to a whopping $926.89 billion in 2025, boasting a compound annual growth rate (CAGR) of 7.3%. This considerable growth in the historical period is arguably due to the rising favor of DIY projects, burgeoning demand for customized interior styling, evolving lifestyle shifts, amplified involvement of women in workforce in home decor, proliferation of cost-aware consumers, and the overall growth of the residential real estate sector.

How Will the Do-It-Yourself Home Improvement Retailing Market Size Evolve and Grow by 2029?
The market for retail in DIY home improvement is predicted to see a robust increase in size over the coming years. The anticipated growth is to reach a value of $1213.43 billion by 2029, with a compound annual growth rate (CAGR) predicted at 7.0%. This predicted surge during the forecast period can be credited to the widening of online sales channels, the increasing desire for wooden furnishings, the budding demand for personal lawn care, the rising trend of DIY products, and the rise in DIY-dedicated social media platforms and online guides. Key trends in the forecast period encompass the integration of smart homes and technology, increased emphasis on sustainability and eco-friendly products, embracing personalization and niche market products, progression in AR-based virtual tours of furniture and decor, and innovation in tailor-made interior design.

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What Drivers Are Propelling the Growth of Do-It-Yourself Home Improvement Retailing Market Forward?
The surge in e-commerce is anticipated to boost the expansion of the do-it-yourself home improvement retail sector in the future. The growth in e-commerce is stimulated by the prevalent usage of smartphones and access to the internet, providing consumers with ease and an array of product options. It augments the do-it-yourself home improvement retail industry by granting consumers wider access to diverse products, exhaustive guides, and easy shipping, thereby, inspiring more home makeover projects and spurring market growth. For instance, the Census Bureau of the Department of Commerce, a US-based government agency, reported in May 2024 that U.S. retail e-commerce sales for the first quarter of 2024 touched $289.2 billion, indicating a 2.1% rise from the last quarter of 2023. Hence, the surge in e-commerce is propelling the do-it-yourself home improvement retailing industry.

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Which Emerging Trends Are Transforming the Do-It-Yourself Home Improvement Retailing Market in 2025?
Large corporations involved in the do-it-yourself home improvement retail industry are emphasizing technological innovations like the incorporation of augmented reality (AR) and data analysis into their retail stores to better engage customers, enhance product depictions, and streamline their inventory management. AR in the home improvement retail sector enriches the shopping journey by integrating digital enhancements, such as visual aids and product demonstrations, into the physical store setting. As an illustration, Lowe's Inc., an American home improvement and retail firm, initiated an interactive digital twin of a store in September 2022. Constructed within NVIDIA's Omniverse, this digital twin of Lowe's store is a virtual representation of a real store. This concept involves the amalgamation of spatial data with product positioning and purchase history, forming a comprehensive 3D visual layout that is available on various devices, from computer screens to AR headsets. Consequently, this empowers Lowe's staff to actively engage with store data, thereby improving their proficiency in streamlining operations and satisfying customer requirements effectively.

What Are the Key Segments in the Do-It-Yourself Home Improvement Retailing Market?
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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Who Are the Key Players Shaping the Do-It-Yourself Home Improvement Retailing Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth 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.

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