The article cited AMA's Global DIY Home Improvement Market Study explored substantial growth with CAGR of 9.8%. According to the study, Favourable Government Policies and Necessity in Deduction of Electricity Bills towards Improving Energy Efficieny
is one of the primary growth factors for the market. Lower Lending Rates Coupled with Increasing Land Costs
is also expected to contribute significantly to the DIY Home Improvement market. Overall, Offline
applications of DIY Home Improvement, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Home Depot (United States), Lowe’s (United States), Bunnings Building (Australia), Menards (United States), OBI (Germany), Sears (United States), Bauhaus (Germany), Canadian Tire (Canada), ADEO (France), HORNBACH (Germany), Kingfisher Plc (United Kingdom), Travis Perkins plc (United Kingdom) and Bauvista (Germany) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global DIY Home Improvement market identified that the demand is rising in many different parts of the world as "Introduction of "Renovate Europe" Campaign to Reduce the Energy Bills in the European Union
".
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of DIY Home Improvement market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of DIY Home Improvement market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the DIY Home Improvement market tight? Which application/end-user category or Product Type [Lumber and landscape management, Décor and indoor garden, Kitchen, Painting and wallpaper, Tools and hardware, Building materials, Lighting, Plumbing and equipment, Flooring and Electrical work] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the DIY Home Improvement market and other related sub-markets covered in the study.
o Key & emerging players in the DIY Home Improvement market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall DIY Home Improvement market size is calculated using market estimation process, the DIY Home Improvement market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global DIY Home Improvement market size has been validated using both top-down and bottom-up approaches.