Global DIY Market grows 4.2%
In 2019, the DIY/home improvement world market turnover reached €618 billion, breaking through the €600 billion ceiling, an increase of 4,22% compared to last year (€593 billion). North America and Europe combined represent approximately 86.6% of this market, although their joint population accounts for only 16% of the world population. The DIY markets of these two continents sum €535 billion, an increase of 3.68% to the 2018 value of €516 billion. North America and Europe reach 58% and 28% of the world market respectively. North America had the highest average DIY expenditure per capita in 2019 at €972 compared to €932 in 2018.
Approximately 81% of the Global DIY market (€502.2 billion) is concentrated in only 8 countries: USA, Germany, Canada, Japan, United Kingdom, France, Australia and Italy. Moreover, the three major DIY markets in Europe (Germany, France and United Kingdom) represent 50% of the continent's market.
The top 10 major DIY retailers worldwide are: Home Depot (USA), Lowe's (USA), Adeo (France), Kingfisher (UK), Menards (USA), Bunnings (Australia), OBI (Germany), Bauhaus (Germany), Ace Hardware (USA) & Sodimac (Chile). Home Depot and Lowe's alone account for 26.3% of the global market share.
More detailed information, including a Global Analysis, detailed data on over 50 of the largest DIY Markets as well as the top 10 home improvement groups worldwide, is contained in the new edition of the "Global Home Improvement Report 2020".
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