LONDON–(BUSINESS WIRE)–Technavio has been monitoring the DIY home improvement retailing market in Europe and it is poised to grow by USD 25.41 billion during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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This Report Addresses:
- The market size from 2020-2024
- Expected market growth until 2024
- Forecast of how market drivers, restraints, and future opportunities will affect the market dynamics
- Segments and regions that will drive or lead market growth and why
- Comprehensive mapping of the competitive landscape
- In-depth analysis of key sustainability strategies adopted by market players
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Frequently Asked Questions-
- Based on segmentation by product, which is the leading segment in the market?
- The lumber and landscape management segment is expected to be the leading segment based on product in the global market during the forecast period.
- What are the major trends in the market?
- Convenience offered by online stores is one of the major trends in the market.
- At what rate is the market projected to grow?
- Growing at a CAGR of almost 3%, the incremental growth of the market is anticipated to be USD 25.41 billion.
- Who are the top players in the market?
- BAUHAUS AG, BAUVISTA GmbH & Co. KG, EUROBAUSTOFF Handelsgesellschaft mbH & Co. KG, Groupe Adeo, HORNBACH Baumarkt AG Group, Intergamma BV, Kesko Corp., Kingfisher Plc, OBI Group Holding SE & Co. KGaA, and Travis Perkins Plc. are some of the major market participants.
- What are the key market drivers and challenges?
- Rising interest in DIY home improvement projects is one of the major factors driving the market. However, the increasing threat from DIFM market will restrain market growth.
- How big is the Germany market?
- Germany will contribute 29% of market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. BAUHAUS AG, BAUVISTA GmbH & Co. KG, EUROBAUSTOFF Handelsgesellschaft mbH & Co. KG, Groupe Adeo, HORNBACH Baumarkt AG Group, Intergamma BV, Kesko Corp., Kingfisher Plc, OBI Group Holding SE & Co. KGaA, and Travis Perkins Plc are some of the major market participants. The rising interest in DIY home improvement projects will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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Technavio’s custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
DIY home improvement retailing market in Europe 2020-2024: Segmentation
DIY home improvement retailing market in Europe is segmented as below:
- Lumber and landscape management,
- Decor & indoor Garden
- Painting and Wallpaper
- Rest of Europe
- Distribution channel
DIY home improvement retailing market in Europe 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The DIY home improvement retailing market in Europe report covers the following areas:
- DIY home improvement retailing market size in Europe
- DIY home improvement retailing market trends in Europe
- DIY home improvement retailing market analysis in Europe
This study identifies convenience offered by online stores as one of the prime reasons driving the DIY home improvement retailing market growth in Europe during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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DIY home improvement retailing market in Europe 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist DIY home improvement retailing market growth in Europe during the next five years
- Estimation of the DIY home improvement retailing market size in Europe and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the DIY home improvement retailing market in Europe
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of DIY home improvement retailing market vendors in Europe
Table of Contents:
- Market ecosystem
- Market characteristics
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product
- Lumber and landscape management – Market size and forecast 2019-2024
- Decor and indoor garden – Market size and forecast 2019-2024
- Kitchen – Market size and forecast 2019-2024
- Painting and wallpaper – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by Product
Market Segmentation by Distribution channel
- Market segments
- Comparison by Distribution channel
- Offline – Market size and forecast 2019-2024
- Online – Market size and forecast 2019-2024
- Market opportunity by Distribution channel
- Geographic segmentation
- Geographic comparison
- Germany – Market size and forecast 2019-2024
- France – Market size and forecast 2019-2024
- UK – Market size and forecast 2019-2024
- Italy – Market size and forecast 2019-2024
- Rest of Europe – Market size and forecast 2019-2024
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- BAUHAUS AG
- BAUVISTA GmbH & Co. KG
- EUROBAUSTOFF Handelsgesellschaft mbH & Co. KG
- Groupe Adeo
- HORNBACH Baumarkt AG Group
- Intergamma BV
- Kesko Corp.
- Kingfisher Plc
- OBI Group Holding SE & Co. KGaA
- Travis Perkins Plc
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.