DIY Home Improvement Market in the US 2017-2021

  • ID: 4225862
  • Report
  • Region: United States
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Ace Hardware
  • Bauhaus
  • Cost Plus World Market
  • Do it Best
  • HORNBACH Holding
  • Menard
  • MORE
About DIT Home Improvement
DIY (Do-it-yourself) in home improvement is defined as the concept in which an individual homeowner/consumer, executes task/job related to home improvement by himself with the help of DIY tool, equipment, and appliances. As the name suggests, the concept involves only the end consumer and no other third party to execute a project.

The analysts forecast the DIY home improvement market in the US to grow at a CAGR of 6.01% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the DIY home improvement market in the US for 2017-2021. To calculate the market size, the report considers the retail sales value.

The report, DIY Home Improvement Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Ace Hardware
- ADEO
- Home Depot
- Lowe's
- Menard
- Walmart

Other prominent vendors
- Bauhaus
- Bed Bath & Beyond
- Cost Plus World Market
- Crate and Barrel
- Do it Best
- HORNBACH Holding
- Jensen Distribution service
- OBI Group Holding
- Sears Holding
- The True value Company

Market drivers
- Product innovation and wide product assortment
- For a full, detailed list, view the full report

Market challenges
- Shift in preferences from owner-occupied houses toward rentals
- For a full, detailed list, view the full report

Market trends
- Growing online DIY sales
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ace Hardware
  • Bauhaus
  • Cost Plus World Market
  • Do it Best
  • HORNBACH Holding
  • Menard
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
  • Traits of DIY consumers
PART 05: Economic indicators
  • Economic indicators
PART 06: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 07: Segmentation by product category

PART 08: Segmentation by distribution channel
  • Segmentation by distribution channel
PART 09: Decision framework
  • Market drivers
  • Impact of drivers on key customer segment
  • Market challenges
  • Impact of challenges on key customer segments
PART 10: Market trends
  • Growing online DIY sales
  • Green products and smart home technology
  • Trend for customization and personalization of DIY products
  • Promotions and awareness through media
PART 11: Vendor landscape
  • Competitive scenario
  • Key competitive strategies
  • Ace Hardware
  • ADEO
  • Home Depot
  • Lowe's
  • Menard
  • Walmart
  • Other prominent vendors
PART 12: Appendix

List of Exhibits
Exhibit 01: Population in US (millions)
Exhibit 02: GDP per capita of US in 2011-2015 ($)
Exhibit 03: GDP growth in US 2011-2015
Exhibit 04: Urban population (millions) in US
Exhibit 05: Urban population in US (% of total population)
Exhibit 06: Employment to population ratio in US 2010-2014
Exhibit 07: Household final consumption in US 2011-2015 ($ trillions)
Exhibit 08: Market overview
Exhibit 09: DIY market in US 2016 (% revenue)
Exhibit 10: DIY home improvement market revenue for US and ROW in 2016 ($ billions)
Exhibit 11: DIY market in US 2016-2021 ($ billions)
Exhibit 12: Five forces analysis
Exhibit 13: DIY home improvement market in the US by product category 2016 (% share)
Exhibit 14: DIY home improvement market in the US 2021 (% share)
Exhibit 15: Overall comparison of product segments
Exhibit 16: DIY home improvement market in US by retail distribution channel
Exhibit 17: DIY home improvement market in US by retail format
Exhibit 18: Impact of drivers
Exhibit 19: Impact of challenges
Exhibit 20: ADEO: Business areas
Exhibit 21: Home Depot: Product segmentation by revenue 2015
Exhibit 22: Home Depot: Geographical segmentation by revenue 2015
Exhibit 23: Lowe's: Product segmentation by revenue 2015
Exhibit 24: Product segmentation 2016
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FEATURED COMPANIES

  • Ace Hardware
  • Bauhaus
  • Cost Plus World Market
  • Do it Best
  • HORNBACH Holding
  • Menard
  • MORE
New Report Released: – DIY Home Improvement Market in the US 2017-2021

The author of the report recognizes the following companies as the key players in the DIY home improvement market in the US: Ace Hardware, ADEO, Home Depot, Lowe's, Menard, and Walmart.

Other Prominent Vendors in the market are: Bauhaus, Bed Bath & Beyond, Cost Plus World Market, Crate and Barrel, Do it Best, HORNBACH Holding, Jensen Distribution service, OBI Group Holding, Sears Holding, and The True value Company.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is growing online DIY sales. Leading retailers in the market such as Home Depot, Lowe’s, and Walmart have started sales of DIY products in their online portals. In the US, a huge segment of consumer base prefers to shop online due to the convenience offered and availability of multiple payment options. Also, the distribution network in the US is smooth; therefore, the end mile delivery to the customers is efficient.”

According to the report, one of the major drivers for this market is product innovation and wide product assortment. Vendors have increased their level of innovation and product assortment to combat stiff competition from rivals. For instance, one of the leading vendors in the market, Home Depot, is operational with multiple brands named as HDX, Husky, Hampton Bay, Home Decorators Collection, Glacier Bay, and Vigoro. This leads to better visibility of products and their assortment under different brands and thus, increasing customer traction. Also, improved assortment of products provides a window for integrated pricing strategy to vendors.

Further, the report states that one of the major factors hindering the growth of this market is shift in preferences from owner-occupied houses toward rentals. The US housing market has observed an increase in the number of renters. Also, the rental vacancy rate has fallen to its lowest point as the number of tenants has outpaced the growth momentum of rental properties. This has had a negative effect on the market as tenants invest less in home improvements and have limited spending.

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 a SWOT analysis of the key vendors.
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  • Ace Hardware
  • ADEO
  • Home Depot
  • Lowe's
  • Menard
  • Walmart
  • Bauhaus
  • Bed Bath & Beyond
  • Cost Plus World Market
  • Crate Barrel
  • Do it Best
  • HORNBACH Holding
  • Jensen Distribution service
  • OBI Group Holding
  • Sears Holding
  • The True value Company.
Note: Product cover images may vary from those shown
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