Portland, OR, July 12, 2022 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global do-it-yourself (DIY) home improvement retailing market accrued $848.20 billion in 2021, and is predicted to garner $1,278.00 billion by 2030, registering a CAGR of 4.37% from 2022 to 2030. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chain, regional landscape, and competitive scenario.
A prominent surge in popularity of do-it-yourself projects among customers has enhanced growth of the global do-it-yourself (DIY) home improvement retailing market. Rise in e-commerce activities, free pick-up of goods, and free delivery of goods has enlarged scope of the market. Moreover, increase in adoption of do-it-yourself products and rise in supplier acceptance of new technologies will open new growth avenues for the market.
COVID-19 Scenario
- The outbreak of the COVID-19 pandemic led to significant growth of do-it-yourself (DIY) home improvement retailing market. The key drivers of growth included large number of the people at home completing home improvement projects during the lockdown.
- During the COVID-19 period, DIYers were engaged in gardening practices for enhancing living spaces and keeping them entertained due to lockdowns.
Get detailed COVID-19 impact analysis on the Do-it-yourself (diy) Home Improvement Retailing Market @
