Published on 19 December 2015

World DIY market grows to a volume of € 425 bn

The European manufacturers' association Fediyma puts the overall sales of the DIY and home improvement world market for 2014 at € 424.85 bn. Compared with the € 399 bn reported for 2013, this is an increase of 6.5 per cent.

North America and Europe combined represent 94.1 per cent of this world market, although their joint population accounts for only 22.7 per cent of the world population. The DIY markets of these two continents represent € 399.85 billion. North America, with € 269.6 billion, represents more than 63 per cent of the world market. Europe, worth € 130.25 billion accounts for 30.7 per cent of the world market. Asia and the Pacific regions with € 16.65 billion represent 3.9 per cent of the world market. Japan, Australia and New Zealand are the most active markets in this part of the world.

The Fediyma World DIY Report 2015 includes some new trends. For many years there has been no significant development in Africa, but French retailers have begun to establish in North Africa and have opened four franchise shops in Morocco. South America appears to offer some scope for growth for European-based retailers, especially in Brazil and Uruguay. Local retail operators from Chile are responding to the marketplace in Argentina, Brazil, Colombia and Peru. UK, French and German DIY retailers have so far been the most active in 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 ten DIY-focused North American retailers continue to concentrate on their home markets in Canada and Mexico.

The top ten 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) and Tractor Supply (USA).


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