Do-It-Yourself (DIY) Home Improvement Market in US 2024-2028

Description

List of Tables

The do-it-yourself (DIY) home improvement market in US is forecasted to grow by USD 51.76 bn during 2023-2028, accelerating at a CAGR of 3.66% during the forecast period. The report on the do-it-yourself (DIY) home improvement market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by greater emphasis on DIY home improvement projects for personalized interior designing, the advent of e-commerce, free pickup, and delivery opportunities by key vendors, and the growing popularity and adoption of RTA furniture in US.

Technavio's do-it-yourself (DIY) home improvement market in US is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	3.5%
CAGR	3.66%
Incremental Value	$51.76bn

By Product

Lumber and landscape management
Tools and hardware
Decor and indoor garden
Kitchen
Lighting and others

By Distribution Channel

Offline
Online

By Application

Residential
Commercial

By Geographical Landscape

North America

This study identifies the adoption of AR in home improvement projects as one of the prime reasons driving the do-it-yourself (DIY) home improvement market in US growth during the next few years. Also, social media boosting DIY improvement demand and increasing focus on organized retailing for DIY products will lead to sizable demand in the market.

The report on the do-it-yourself (DIY) home improvement market in US covers the following areas:

Do-it-yourself (DIY) home improvement market in US sizing
Do-it-yourself (DIY) home improvement market in US forecast
Do-it-yourself (DIY) home improvement market in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading do-it-yourself (DIY) home improvement market in US vendors that include 3M Co., Ace Hardware Corp., Benjamin Moore and Co., Fortune Brands Innovations Inc., Klein Tools Inc., Kreg Tool Co., LOWES COMPANIES INC., Masco Corp., Menard Inc., Owens Corning, Pella Corp., Positec Tool Corp., Robert Bosch GmbH, Rust Oleum Corp., Stanley Black and Decker Inc., The Home Depot Inc., The Sherwin Williams Co., Trex Co. Inc., True Value Co LLC, and TTI Consumer Power Tools Inc.. Also, the do-it-yourself (DIY) home improvement market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR74363

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Do-It-Yourself (DIY) home improvement market in US 2018 - 2022
4.2 Product Segment Analysis 2018 - 2022
4.3 Distribution Channel Segment Analysis 2018 - 2022
4.4 Application Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Product

6.1 Market segments
6.2 Comparison by Product
6.3 Lumber and landscape management - Market size and forecast 2023-2028
6.4 Tools and hardware - Market size and forecast 2023-2028
6.5 Decor and indoor garden - Market size and forecast 2023-2028
6.6 Kitchen - Market size and forecast 2023-2028
6.7 Lighting and others - Market size and forecast 2023-2028
6.8 Market opportunity by Product

7 Market Segmentation by Distribution Channel

7.1 Market segments
7.2 Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2023-2028
7.4 Online - Market size and forecast 2023-2028
7.5 Market opportunity by Distribution Channel

8 Market Segmentation by Application

8.1 Market segments
8.2 Comparison by Application
8.3 Residential - Market size and forecast 2023-2028
8.4 Commercial - Market size and forecast 2023-2028
8.5 Market opportunity by Application

9 Customer Landscape

9.1 Customer landscape overview

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 3M Co.
12.4 Ace Hardware Corp.
12.5 Fortune Brands Innovations Inc.
12.6 LOWES COMPANIES INC.
12.7 Masco Corp.
12.8 Menard Inc.
12.9 Owens Corning
12.10 Robert Bosch GmbH
12.11 Rust Oleum Corp.
12.12 Stanley Black and Decker Inc.
12.13 The Home Depot Inc.
12.14 The Sherwin Williams Co.
12.15 Trex Co. Inc.
12.16 True Value Co LLC
12.17 TTI Consumer Power Tools Inc.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations