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Global Diy Market Share, Overview and Outlook, Forecasts 2016-2020 by Radiant Insights

  • Date Submitted: 08/02/2016 12:01 AM
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Global DIY Market Analysis and Forecasts 2016-2020 by
Radiant Insights
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.
View Summary of This Report @ http://www.radiantinsights.com/research/global-diy-market-2016-2020
Geographical segmentation of the DIY market
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.
Competitive landscape and key vendors
The sedated growth of the global DIY market is likely to spur vendors to bring in new products to meet the buying
trend among the customers and remain competitive in the market. Additionally, the rising adoption of DIY
activities in the developing region is also luring vendors in the DIY market to...


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