The ten largest German DIY store operators grow by almost three per cent
The international business of the German top 10 in the DIY trade is increasingly gaining momentum. This conclusion can be drawn from the initial statistical results by the Dähne Verlag publishing house and, in particular, the comparison to the domestic figures. Gross sales of the ten largest German DIY store operators increased by around 2.9 per cent in the past year, according to still provisional calculations. With a volume of EUR 30.082 bn, the German top 10 have exceeded the 30-billion-euro mark for the first time. The comparison to the previous year and the domestic business is interesting: in 2017 the growth rate still amounted to 2.1 per cent. The cumulative increase which the ten largest DIY store operators achieved with their locations in Germany lay at only 1.6 per cent in 2018 (see separate report on this at DIYinternational.com). The sales ranking of the German DIY retailers with their activities at home and abroad remains unchanged, especially as market leader Obi continues to strengthen its significant lead with a disproportionate growth of 4.1 per cent. Industry second, Bauhaus, achieved only an increase of 2.5 per cent. The clear winner in terms of growth rates however is Hornbach. The company increased its overall sales in the past year by 5.1 per cent. The final figures for the German DIY market will be published by Dähne Verlag in its "Statistik Baumarkt + Garten 2019". The volume will be available at the end of May. Data on the international market will be prepared by the German specialist publishing house in the volume "Statistics Home Improvement Retail Europe 2019", which appears mid August.