The Global DIY Market is now worth $563 billion

In 2015, the DIY/home improvement world market turnover reached €538 billion ($563 billion), an increase of 3% compared to 2014.

The statistic is one of many from the latest fediyma (European Federation of DIY Manufacturers) ‘Global Home Improvement Report’, which reveals that the bulk of the DIY global market is concentrated on just two continents.

North America and Europe combined represent 86% of this world market, although their joint population accounts for only 23% of the world population. The DIY markets of these two continents sum €463 billion. North America and Europe reach 57% and 29% of the world market respectively. North America had the highest average DIY expenditure per capita in 2015 at €854.

Approximately 83% of the global DIY market (€447 billion) is concentrated in just eight countries: USA, Germany, Japan, Canada, United Kingdom, France, Australia and Italy. Moreover, the three major DIY countries in Europe (Germany, France and United Kingdom) represent 57% of the continent’s market.

The Global Home Improvement Report also highlights the top ten DIY retailers worldwide: Home Depot (USA), Lowe’s (USA), ADEO (France), Kingfisher (UK), Bunnings Building (Australia), Menards (USA), OBI (Germany), Sears (USA), Bauhaus (Germany) and Canadian Tire (Canada).

fediyma’s Global Home Improvement Report replaces the former World DIY Report with more detailed content about countries and top retailers around the world. The report is distributed by the local associations of fediyma: Herstellerverband Haus & Garten (Germany, Austria and Switzerland), Unibal (France), BHETA (UK), AFEB (Spain and Portugal), febin (Belgium) and MADE4DIY (Italy). For international companies not based in any of these countries, they must contact fediyma directly.