Essential reading for retailers and suppliers in the home improvement market

Global DIY market reaches €424.85bn

Published: 15 December 2015
According to a report from the European Federation of DIY manufacturers (Fediyma), in 2014, the DIY/home improvement World market turnover reached €424.85bn.
Global DIY market reaches €424.85bn
North America and Europe combined represent 94.1% of this world market, although their joint population accounts for only 22.7 % of the World population. The DIY markets of these two continents represent €399.85bn.

North America, with €269.6bn, represents more than 63% of the world market. Europe worth €130,25 billion € at 30.7 % of the world market. Asia and the Pacific regions with €16.65bn represent 3.9 % of the world market. Japan, Australia and New Zealand are the most active markets in this part of the world.

For many years there has been no significant development in Africa. The French retailers have begun to establish in North Africa and have opened four franchise shops in Morocco. Meanwhile, South America appears to offer some scope of growth for European-based retailers, especially in Brazil and Uruguay. Local retail operators from Chile are responding to the market place in Argentina, Brazil, Colombia and Peru. UK, French and German DIY retailers have, so fa,r been the most active at establishing overseas branches.

From North America, cooperative retailers, such as Do It Best, Ace Hardware, True Serve and Orgill, have also developed outside the American continent, whilst the other top 10 DIY-focused North America retailers continue to concentrate on their home market, in Canada and Mexico.

The top 10 major DIY retailers worldwide are: Home Depot (USA), Lowe's (USA), ADEO (France), Kingfisher (UK), Menard (USA), OBI (Germany), Bunnings Building (Australia), Bauhaus (Germany), Sherwin Williams (USA), Tractor Supply (USA).

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