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 bn 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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Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the DIY home improvement retailing market in Europe. The market growth in 2020 is likely to Increase compared to the market growth in 2019.
Frequently Asked Questions:
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What are the major trends in the market?
Convenience offered by online stores is a major trend driving the growth of the market
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At what rate is the market projected to grow?
The market will accelerate at a CAGR of almost 3% and the incremental growth of the market is anticipated to be $ 25.41 billion
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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.
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What is the key market driver?
The rising interest in DIY home improvement projects is one of the major factors driving the market
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How big is the Germany market?
The Germany region will contribute 29% of the market share
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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. In a bid to help players strengthen their market foothold, this DIY home improvement retailing market in Europe forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
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:
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Product
- Decor & Indoor Garden
- Kitchen
- Painting And Wallpaper
- Others
- Distribution Channel
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Geography
- Germany
- France
- UK
- Italy
- Rest Of Europe
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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 in Europe Size
- DIY home improvement retailing market in Europe Trends
- DIY home improvement retailing market in Europe Industry Analysis
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:
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- 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
Customer landscape
Geographic Landscape
- 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
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- 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
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
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List of abbreviations
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