Global DIY market worth €567 billion

In 2016, the DIY/home improvement world market turnover reached €567 billion, an increase of 3.8% compared to last year. North America and Europe combined to represent approximately 85% of this market, although their joint population accounts for only 15% of the world population. The DIY markets of these two continents total €484 billion. North America and Europe reach 57% and 28% of the world market respectively. North America had the highest average DIY expenditure per capita in 2016 with €899.

Approximately 82% of the Global DIY market (€467 billion) is concentrated in only eight countries: USA, Germany, Japan, Canada, UK, France, Australia and Italy. Moreover, the three major DIY countries in Europe (Germany, France and UK) represent 53% 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 Building (Australia), OBI (Germany), Bauhaus (Germany), Sears (USA), Canadian Tire (Canada). Home Depot and Lowe’s account for 25% of the global market share.

More detailed information is contained in the first version of the brand new Global Home Improvement Report 2017 by fediyma. Contact fediyma directly if you are interested in a copy of the report: Inaki Maillard, Marketing Manager fediyma, Phone: +49 221 279801-19 or email: info@fediyma.com.