DIY Home Improvement Market in US 2023-2027

US DIY Home Improvement Market 2023-2027
The DIY home improvement market is forecasted to grow by USD 99.25 bn during 2022-2027, accelerating at a CAGR of 4.74% during the forecast period. The report on the US DIY home improvement market 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, advent of e-commerce, free pickup, and delivery opportunities by key vendors, and growing popularity and adoption of RTA furniture in the US.

Technavio's US DIY home improvement market is segmented as below:

By ProductLumber and landscape managementDecor and indoor gardenTools and hardwareKitchenPainting and othersBy Distribution ChannelOfflineOnlineBy Geographical LandscapeNorth AmericaThis study identifies the uptake of AR applications for home improvement projects as one of the prime reasons driving the US DIY home improvement market growth during the next few years. Also, growth of residential real estate industry and increasing focus on organized retailing will lead to sizable demand in the market.

The report on the US DIY home improvement market covers the following areas:DIY home improvement market sizing in USDIY home improvement market forecast in USDIY home improvement market industry analysis in USThe 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 US DIY home improvement market vendors that include 3M Co., 84 Lumber Co., ABC Supply Co. Inc., Ace Hardware Corp., Asian Paints Ltd., Crate and Barrel, Floor and Decor Holdings Inc., Groupe Adeo, Harbor Freight Tools, Harvey Building Products, K and M Home Center, Lowes Co. Inc., Masco Corp., Menard Inc., National Home Improvement Inc., Pella Corp., Renovo Home Partners, The Home Depot Inc., True Value Co LLC, and Walmart Inc.. Also, the US DIY home improvement market 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 the way of study, synthesis, and summation of data from multiple sources by 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 the accurate market growth.