Global Diy Market Industry 2016 Market Size, Share, Trends and Forecast 2016

Global DIY Market Industry 2016-2020 Market Share and Size, Trends and Growth, Analysis and Forecast

Market overview of the global DIY market

Home improvement such as renovating and remodeling ones home is the key segment and also the largest segment in the global DIY market. Technavios market research analyst expects the global DIY market to grow at a CAGR of around 3% during the forecast period. The growth of this market is mainly supported by the media presence, be it through the traditional medium such as television or the online presence in the form of video websites or social media.

The emergence of a large number of retail stores such as hypermarkets, supermarkets, and specialty stores across the globe is another major driver for the growth of the DIY market. These stores enable consumers to seek information on various brands, compare prices, quality, design, and then make a decision at their convenience and comfort. Also, with the increase in brand consciousness among consumers, the importance of organized retailers carrying branded DIY products is on the rise.

Geographical segmentation of the DIY market

Americas

APAC

Europe

MEA

Acceptance of DIY culture is very low in the APAC regions, hence the market is largely concentrated in the Western countries. The Americas occupies the largest share of the DIY market, with the US contributing the majority of the market share in this region. People in the US loves engaging themselves in DIY projects. Hence, this acts as a major driver contributing to the growth of the DIY market in the US.

Browse Detail Report With TOC @ http://hexareports.com/report/global-diy-market/details

The leading vendors in this market are -

Adeo

Home Depot

Kingfisher plc

Lowes

The other prominent vendors in the market include OBI, Bauhaus, Kesko, Travis Perkins, Les Mousquetaires, and Hornbach.

Growth drivers, challenges, and upcoming trends " Customization of DIY

Technavios market research analysts...