Market Overview:
The global DIY home improvement instruments market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for comfort, repair and maintenance, and safety and preparedness applications across the globe. In addition, the growing trend of home improvement is also fueling the demand for DIY home improvement instruments globally. The furniture and decoration segment is expected to hold a major share of the global DIY home improvement instruments market in 2018. This can be attributed to the increasing demand for furniture and decoration products across different regions due to changing lifestyles and rising disposable incomes.
Product Definition:
DIY Home Improvement Instruments are tools and machines that are used for home improvement projects. These tools allow homeowners to do many of the tasks themselves, which can save them money on labor costs. Additionally, DIY home improvement can be a fun and rewarding project for homeowners who enjoy being hands-on with their homes.
Furniture and Decoration:
Furniture and decoration is the new hotness in home improvement. It's a combination of art and utility that has been around for thousands of years. The furniture/ornamentation industry has seen many changes over the past few thousand years, from materials used to styles preferred. In addition to aesthetics, functionality plays an important role in influencing purchase decisions (besides price).
Lighting and Wallpaper:
Lighting and wallpaper and it's usage in DIY home improvement instruments market is a growing segment of the home furnishing industry. The growth can be attributed to increasing consumer awareness regarding the availability of products, their benefits, ease of installation, cost efficiency as well as rising disposable income. Lighting & wallpaper and it's usage in DIY home improvement instruments are used for various applications such as wallpapers, decorative lighting for rooms or outdoor areas etc.
Application Insights:
The comfort application segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The rising disposable income, coupled with changing lifestyle, has created positive outlook for this segment. Rising demand for home dĩcor and furniture has also positively influenced this growth. Safety and preparedness application is expected to witness significant growth over the next seven years owing to increasing investments in preparation for emergencies or disasters such as earthquakes, floods or fires that may occur at any time without prior notice.
The repair and maintenance segment accounted for more than 40% of global DIY home improvement instruments market share by revenue in 2017 due to rising consumer awareness about maintaining their homes properly as it increases their property value significantly over the long term period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to increasing awareness regarding the importance of home safety and security, along with rising demand for preparedness against emergencies. Moreover, consumers are increasingly becoming aware of their energy consumption habits and cost savings through efficiency improvements. The region is expected to witness significant growth over the forecast period owing to growing concerns about carbon footprints associated with traveling across long distances for household chores or DIY projects.
Asia Pacific is anticipated to register a lucrative CAGR over the forecast period owing to rapid urbanization and increasing disposable income levels in emerging economies such as India and China.
Growth Factors:
- Increasing disposable income of the population: The growth in the disposable income of the population is one of the key drivers for this market. This is because with an increase in disposable income, people are able to spend more on home improvement instruments and products.
- Rising awareness about DIY home improvement: There has been a rise in awareness about DIY home improvement in recent years, which is driving demand for these products. This is because people are realizing that they can save money by doing some tasks themselves instead of hiring professionals.
- Growing popularity of online shopping: The growing popularity of online shopping is another key driver for this market as it enables consumers to easily purchase home improvement instruments and products from their homes or offices without having to go out and search for them at physical stores.
- Advances in technology: The advances in technology have led to the development of new and innovative home improvement instruments, which are helping to drive demand for these products among consumers worldwide. For instance, there has been a surge in demand for smart thermostats recently due to their ability to help homeowners save energy and money on their utility bills . 5) Increased focus on sustainability by homeowners: There has been an increased focus on sustainability by homeowners over the past few years, which is leading them towards opting for more eco-friendly DIY home improvement options such as using reclaimed materials or installing solar panels
Scope Of The Report
Report Attributes
Report Details
Report Title
DIY Home Improvement Instruments Market Research Report
By Type
Furniture and Decoration, Lighting and Wallpaper, Plumbing Renovation and Upgrade, Lumber and Landscape Management, Others
By Application
Comfort, Repair and Maintenance, Safety and Preparedness, Others
By Companies
ADEO, Kingfisher, HORNBACH Baumarkt, Travis Perkins, BAUHAUS, HAY, Bauvista, Intergamma, EUROBAUSTOFF, Les Mousquetaires, Wesfarmers Limited, The Sherwin-Williams Company, Toolstation, Ace Hardware, Menard, Lowe's, Home Depot, IKEA, MUUTO
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global DIY Home Improvement Instruments Market Report Segments:
The global DIY Home Improvement Instruments market is segmented on the basis of:
Types
Furniture and Decoration, Lighting and Wallpaper, Plumbing Renovation and Upgrade, Lumber and Landscape Management, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Comfort, Repair and Maintenance, Safety and Preparedness, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ADEO
- Kingfisher
- HORNBACH Baumarkt
- Travis Perkins
- BAUHAUS
- HAY
- Bauvista
- Intergamma
- EUROBAUSTOFF
- Les Mousquetaires
- Wesfarmers Limited
- The Sherwin-Williams Company
- Toolstation
- Ace Hardware
- Menard
- Lowe's
- Home Depot
- IKEA
- MUUTO
Highlights of The DIY Home Improvement Instruments Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Furniture and Decoration
- Lighting and Wallpaper
- Plumbing Renovation and Upgrade
- Lumber and Landscape Management
- Others
- By Application:
- Comfort
- Repair and Maintenance
- Safety and Preparedness
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the DIY Home Improvement Instruments Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
DIY Home Improvement Instruments is a website that provides instructions on how to make various DIY home improvement tools. Some of the tools include a jigsaw, drill, saw, and hammer.
Some of the key players operating in the diy home improvement instruments market are ADEO, Kingfisher, HORNBACH Baumarkt, Travis Perkins, BAUHAUS, HAY, Bauvista, Intergamma, EUROBAUSTOFF, Les Mousquetaires, Wesfarmers Limited, The Sherwin-Williams Company, Toolstation, Ace Hardware, Menard, Lowe's, Home Depot, IKEA, MUUTO.
The diy home improvement instruments market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 DIY Home Improvement Instruments Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 DIY Home Improvement Instruments Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 DIY Home Improvement Instruments Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the DIY Home Improvement Instruments Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global DIY Home Improvement Instruments Market Size & Forecast, 2018-2028
4.5.1 DIY Home Improvement Instruments Market Size and Y-o-Y Growth
4.5.2 DIY Home Improvement Instruments Market Absolute $ Opportunity
Chapter 5 Global DIY Home Improvement Instruments Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 DIY Home Improvement Instruments Market Size Forecast by Type
5.2.1 Furniture and Decoration
5.2.2 Lighting and Wallpaper
5.2.3 Plumbing Renovation and Upgrade
5.2.4 Lumber and Landscape Management
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global DIY Home Improvement Instruments Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 DIY Home Improvement Instruments Market Size Forecast by Applications
6.2.1 Comfort
6.2.2 Repair and Maintenance
6.2.3 Safety and Preparedness
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global DIY Home Improvement Instruments Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 DIY Home Improvement Instruments Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America DIY Home Improvement Instruments Analysis and Forecast
9.1 Introduction
9.2 North America DIY Home Improvement Instruments Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America DIY Home Improvement Instruments Market Size Forecast by Type
9.6.1 Furniture and Decoration
9.6.2 Lighting and Wallpaper
9.6.3 Plumbing Renovation and Upgrade
9.6.4 Lumber and Landscape Management
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America DIY Home Improvement Instruments Market Size Forecast by Applications
9.10.1 Comfort
9.10.2 Repair and Maintenance
9.10.3 Safety and Preparedness
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe DIY Home Improvement Instruments Analysis and Forecast
10.1 Introduction
10.2 Europe DIY Home Improvement Instruments Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe DIY Home Improvement Instruments Market Size Forecast by Type
10.6.1 Furniture and Decoration
10.6.2 Lighting and Wallpaper
10.6.3 Plumbing Renovation and Upgrade
10.6.4 Lumber and Landscape Management
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe DIY Home Improvement Instruments Market Size Forecast by Applications
10.10.1 Comfort
10.10.2 Repair and Maintenance
10.10.3 Safety and Preparedness
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific DIY Home Improvement Instruments Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific DIY Home Improvement Instruments Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific DIY Home Improvement Instruments Market Size Forecast by Type
11.6.1 Furniture and Decoration
11.6.2 Lighting and Wallpaper
11.6.3 Plumbing Renovation and Upgrade
11.6.4 Lumber and Landscape Management
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific DIY Home Improvement Instruments Market Size Forecast by Applications
11.10.1 Comfort
11.10.2 Repair and Maintenance
11.10.3 Safety and Preparedness
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America DIY Home Improvement Instruments Analysis and Forecast
12.1 Introduction
12.2 Latin America DIY Home Improvement Instruments Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America DIY Home Improvement Instruments Market Size Forecast by Type
12.6.1 Furniture and Decoration
12.6.2 Lighting and Wallpaper
12.6.3 Plumbing Renovation and Upgrade
12.6.4 Lumber and Landscape Management
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America DIY Home Improvement Instruments Market Size Forecast by Applications
12.10.1 Comfort
12.10.2 Repair and Maintenance
12.10.3 Safety and Preparedness
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) DIY Home Improvement Instruments Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) DIY Home Improvement Instruments Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) DIY Home Improvement Instruments Market Size Forecast by Type
13.6.1 Furniture and Decoration
13.6.2 Lighting and Wallpaper
13.6.3 Plumbing Renovation and Upgrade
13.6.4 Lumber and Landscape Management
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) DIY Home Improvement Instruments Market Size Forecast by Applications
13.10.1 Comfort
13.10.2 Repair and Maintenance
13.10.3 Safety and Preparedness
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 DIY Home Improvement Instruments Market: Competitive Dashboard
14.2 Global DIY Home Improvement Instruments Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ADEO
14.3.2 Kingfisher
14.3.3 HORNBACH Baumarkt
14.3.4 Travis Perkins
14.3.5 BAUHAUS
14.3.6 HAY
14.3.7 Bauvista
14.3.8 Intergamma
14.3.9 EUROBAUSTOFF
14.3.10 Les Mousquetaires
14.3.11 Wesfarmers Limited
14.3.12 The Sherwin-Williams Company
14.3.13 Toolstation
14.3.14 Ace Hardware
14.3.15 Menard
14.3.16 Lowe's
14.3.17 Home Depot
14.3.18 IKEA
14.3.19 MUUTO
