DIY Home Market by Technology (Network Technologies, Wireless Technologies, Protocols & Standards) Offerings (hardware, managed services) Region (North America, Asia Pacific, Europe, South America, Middle East & Africa), Global Trends and Forecast from 2022 To 2029

Published on: Mar 2022
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Market Size	CAGR	Dominating Region
USD 42.24 billion	38.2%	North America

by Offerings	by Technology
Hardware Managed Services	Network Technologies Wireless Technologies Protocols & Standards

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DIY Home Market Overview

The global DIY home market is expected to grow at 38.2% CAGR from 2020 to 2029. It is expected to reach above USD 42.24 billion by 2029 from USD 22.41 Billion in 2020.

The DIY home improvement market has witnessed substantial growth in recent years and is poised for significant expansion in the forecast period. This surge is driven by increasing consumer preference for DIY products and a notable rise in the adoption of advanced technologies within the industry. Consequently, there is a growing uptake of DIY home improvement items, primarily due to their potential to reduce long-term costs compared to outsourced labor. As a result, the demand for DIY home improvement products emerges as a pivotal factor propelling market growth.

The burgeoning demand for DIY home repair projects is fueled by escalating homeownership rates, particularly among younger generations and millennials. Seeking to infuse their homes with personal flair and enhance property values, homeowners increasingly undertake DIY modifications, repairs, and renovations. Opting for DIY home remodeling projects can often result in cost savings compared to hiring professional contractors. DIY enthusiasts frequently opt to handle tasks themselves, from purchasing supplies to installation, thereby minimizing labor expenses.

The appeal of DIY home remodeling lies in its convenience and flexibility, allowing homeowners to work according to their schedules and preferences. For busy individuals, DIY tasks offer a desirable alternative as they can be undertaken during weekends or evenings, eliminating the need to align with contractors’ availability. Engaging in DIY projects enables homeowners to derive a sense of accomplishment, personalize their living spaces, and express their creativity. Furthermore, it fosters a stronger connection with their surroundings and homes, enhancing overall satisfaction and empowerment.

DIY Home Market Segment Analysis

Global DIY home market by offerings includes hardware, managed services. The worldwide Do-It-Yourself (DIY) home improvement retailing market is divided into construction materials, décor and indoor garden, lighting, electrical work materials, tools and hardware, painting, wallpaper, and Supplies, plumbing materials equipment, and flooring repair and replacement supplies. Décor and indoor gardens are a fast-increasing market that is expected to generate considerable revenue by the end of 2028. A rise in the number of working women, as well as an increase in women’s engagement in home decoration activities, are expected to drive market expansion.

The global Do-It-Yourself (DIY) home improvement retail sector is divided into two segments offline and online. The online sector is growing rapidly in the worldwide market and is expected to create revenue during the projected period. This is mostly due to the presence of DIY items on the internet purchasing marketplace.

DIY Home Market Key Players

From large companies to small ones, many companies are actively working in the DIY home market. These key players include Itsy Bitsy, Toolstation, Home Depot Product Authority, LLC, Amazon.com, Inc, Walmart India, K-GROUP, UBYLD RETAIL PRIVATE LIMITED, flipkart.com., Lowe’s, UBUY CO., Smartlabs, Inc., Nortek, Inc., Nestlabs, Inc. and others.

Companies are mainly DIY homes they are competing closely with each other. Innovation is one of the most important key strategies as it has to be for any DIY-related market. However, companies in the market have also opted and successfully driven inorganic growth strategies like mergers & acquisitions, and so on.

The Home Depot recently opened a new distribution center in Dallas, Texas, focused on the fast fulfillment of online orders. The new 1.5 million-square-foot facility will deliver millions of online products directly to customers’ homes or for pickup at local stores.
The DIY giant Lowe’s invests in the solar power initiative. Lowe’s is partnering with Swift Current Energy, a leading North American renewable energy company, to purchase 250 megawatts of clean electricity per year from the Black Diamond Solar Project in Illinois. The commitment will last 12 years.

Who Should Buy? Or Key stakeholders

Suppliers
DIY companies
Investors
End-user companies
Research institutes

Key Takeaways:

The global DIY home market is expected to grow at 38.2% CAGR during the forecast period.
Décor and indoor gardens are a fast-increasing market that is expected to generate considerable revenue.
One major trend in the DIY home improvement market is the increasing integration of smart home technologies into DIY products, catering to the growing demand for connected and automated solutions among homeowners.
North America dominates the global market for DIY home market.

DIY Home Market Regional Analysis

The DIY home market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).

North America: includes the US, Canada, Mexico
Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
South America: includes Brazil, Argentina and Rest of South America
Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA

Its major share is occupied by North America, Europe, and Asia Pacific region. North America shares 25% of the total market. Leading market players are emphasizing more on collaboration for the inventions of cutting-edge DIY products in North America.

Key Market Segments: DIY Home Market

DIY Home Market by Offerings, 2020-2029, (USD Million)

Hardware
Managed Services

DIY Home Market by Technology, 2020-2029, (USD Million)

Network Technologies
Wireless Technologies
Protocols & Standards

DIY Home Market by Region, 2020-2029, (USD Million)

North America
Europe
Asia Pacific
South America
Middle East And Africa

Important Countries In All Regions Are Covered.

Key Question Answered

What are the growth opportunities related to the adoption of DIY homes across major regions in the future?
What are the new trends and advancements in the DIY home market?
Which product categories are expected to have the highest growth rate in the DIY home market?
Which are the key factors driving the DIY home market?
What will the market growth rate, growth momentum, or acceleration the market carries during the forecast period?

INTRODUCTION
1. MARKET DEFINITION
2. MARKET SEGMENTATION
3. RESEARCH TIMELINES
4. ASSUMPTIONS AND LIMITATIONS
RESEARCH METHODOLOGY
1. DATA MINING
  1. SECONDARY RESEARCH
  2. PRIMARY RESEARCH
  3. SUBJECT-MATTER EXPERTS’ ADVICE
2. QUALITY CHECKS
  1. FINAL REVIEW
3. DATA TRIANGULATION
  1. BOTTOM-UP APPROACH
  2. TOP-DOWN APPROACH
  3. RESEARCH FLOW
4. DATA SOURCES
EXECUTIVE SUMMARY
MARKET OVERVIEW
1. GLOBAL DIY HOME MARKET OUTLOOK
  1. MARKET DRIVERS
  2. MARKET RESTRAINTS
  3. MARKET OPPORTUNITIES
2. IMPACT OF COVID-19 ON GLOBAL DIY HOME MARKET
GLOBAL DIY HOME MARKET BY SERVICE TECHNOLOGY, (USD MILLION)
1. NETWORK TECHNOLOGIES
2. WIRELESS TECHNOLOGIES
3. PROTOCOLS & STANDARDS

GLOBAL DIY HOME MARKET BY OFFERINGS, (USD MILLION)
1. HARDWARE
2. MANAGED SERVICES
GLOBAL DIY HOME MARKET BY REGION, (USD MILLION)
1. INTRODUCTION
2. ASIA-PACIFIC
  1. CHINA
  2. INDIA
  3. JAPAN
  4. SOUTH KOREA
  5. AUSTRALIA
  6. SOUTH-EAST ASIA
  7. REST OF ASIA-PACIFIC
3. NORTH AMERICA
  1. UNITED STATES
  2. CANADA
  3. MEXICO
4. EUROPE
  1. GERMANY
  2. UNITED KINGDOM
  3. FRANCE
  4. ITALY
  5. SPAIN
  6. RUSSIA
  7. REST OF EUROPE
5. SOUTH AMERICA
  1. BRAZIL
  2. ARGENTINA
  3. COLOMBIA
  4. REST OF SOUTH AMERICA
6. MIDDLE EAST AND AFRICA
  1. UAE
  2. SAUDI ARABIA
  3. SOUTH AFRICA
  4. REST OF MIDDLE EAST AND AFRICA

COMPANY PROFILES*(BUSINESS OVERVIEW, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
1. ITSY BITSY
2. TOOLSTATION
3. HOME DEPOT PRODUCT AUTHORITY, LLC
4. COM, INC
5. WALMART INDIA
6. K-GROUP
7. UBYLD RETAIL PRIVATE LIMITED
8. COM.
9. LOWE’S
10. UBUY CO.
11. SMARTLABS, INC.
12. NORTEK, INC.
13. NESTLABS, INC.*THE COMPANY LIST IS INDICATIVE

LIST OF TABLES

TABLE 1 GLOBAL DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 2 GLOBAL DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 3 GLOBAL DIY HOME MARKET BY REGION (USD MILLIONS) 2020-2029

TABLE 4 US DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 5 US DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 6 CANADA DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 7 CANADA DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 8 MEXICO DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 9 MEXICO DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 10 BRAZIL DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 11 BRAZIL DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 12 ARGENTINA DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 13 ARGENTINA DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 14 COLOMBIA DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 15 COLOMBIA DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 16 REST OF SOUTH AMERICA DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 17 REST OF SOUTH AMERICA DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 18 INDIA DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 19 INDIA DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 20 CHINA DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 21 CHINA DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 22 JAPAN DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 23 JAPAN DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 24 SOUTH KOREA DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 25 SOUTH KOREA DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 26 AUSTRALIA DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 27 AUSTRALIA DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 28 SOUTH-EAST ASIA DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 29 SOUTH-EAST ASIA DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 30 REST OF ASIA PACIFIC DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 31 REST OF ASIA PACIFIC DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 32 GERMANY DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 33 GERMANY DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 34 UK DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 35 UK DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 36 FRANCE DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 37 FRANCE DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 38 ITALY DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 39 ITALY DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 40 SPAIN DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 41 SPAIN DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 42 RUSSIA DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 43 RUSSIA DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 44 REST OF EUROPE DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 45 REST OF EUROPE DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 46 UAE DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 47 UAE DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 48 SAUDI ARABIA DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 49 SAUDI ARABIA DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 50 SOUTH AFRICA DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 51 SOUTH AFRICA DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

TABLE 52 REST OF MIDDLE EAST AND AFRICA DIY HOME MARKET BY SERVICE TECHNOLOGY (USD MILLIONS) 2020-2029

TABLE 53 REST OF MIDDLE EAST AND AFRICA DIY HOME MARKET BY OFFERINGS (USD MILLIONS) 2020-2029

LIST OF FIGURES

FIGURE 1 MARKET DYNAMICS

FIGURE 2 MARKET SEGMENTATION

FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED

FIGURE 4 DATA TRIANGULATION

FIGURE 5 BOTTOM-UP APPROACH

FIGURE 6 TOP-DOWN APPROACH

FIGURE 7 RESEARCH FLOW

FIGURE 8 GLOBAL DIY HOME MARKET BY SERVICE TECHNOLOGY, USD MILLION, 2020-2029

FIGURE 9 GLOBAL DIY HOME MARKET BY OFFERINGS, USD MILLION, 2020-2029

FIGURE 10 GLOBAL DIY HOME MARKET BY REGION, USD MILLION, 2020-2029

FIGURE 11 PORTER’S FIVE FORCES MODEL

FIGURE 12 NORTH AMERICA DIY HOME MARKET SNAPSHOT

FIGURE 13 EUROPE DIY HOME MARKET SNAPSHOT

FIGURE 14 ASIA PACIFIC DIY HOME MARKET SNAPSHOT

FIGURE 15 SOUTH AMERICA DIY HOME MARKET SNAPSHOT

FIGURE 16 MIDDLE EAST & AFRICA DIY HOME MARKET SNAPSHOT

FIGURE 17 ITSY BITSY: COMPANY SNAPSHOT

FIGURE 18 TOOLSTATION: COMPANY SNAPSHOT

FIGURE 19 HOME DEPOT PRODUCT AUTHORITY, LLC: COMPANY SNAPSHOT

FIGURE 20 AMAZON.COM, INC: COMPANY SNAPSHOT

FIGURE 21 WALMART INDIA: COMPANY SNAPSHOT

FIGURE 22 K-GROUP: COMPANY SNAPSHOT

FIGURE 23 UBYLD RETAIL PRIVATE LIMITED: COMPANY SNAPSHOT

FIGURE 24 FLIPKART.COM.: COMPANY SNAPSHOT

FIGURE 25 LOWE’S: COMPANY SNAPSHOT

FIGURE 26 UBUY CO.: COMPANY SNAPSHOT

FIGURE 27 SMARTLABS, INC.: COMPANY SNAPSHOT

FIGURE 28 NORTEK, INC.: COMPANY SNAPSHOT

FIGURE 29 NESTLABS, INC.: COMPANY SNAPSHOT

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