Hi Rocketgirl!
<How big is the Do-It-Yourself Market?>
According to the Strategic Research Institute Press Release, the
Do-It-Yourself Market in the U.S. has shown unprecedented growth in
2003 increasing by 7.3 % over 2002 and will reach $141.6 billion.
?Between 2004 and 2008, this trend will continue to dominate the
market with an estimated growth of 40% over 2003, reaching a value of
$179.8 billion in 2008.?
(source: MarketResearch.com).
?Such dynamic changes are driving new product innovation, increased
retail intelligence, strategic partnerships, innovative merchandizing,
branded environments, creativity, and revamped customer service for
the DIY market.?
PRNewswire: October 28, 2004
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/10-28-2004/0002315696&EDATE=
Arizona Entrepeneurs
http://www.arizonaentrepreneurs.com/2004/10/strategic-research-institute-do-it.html
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DIY Products in USA
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MARKET SIZE
?The US market for DIY products totaled US$60.3 billion in 2003, 3.8%
above the previous year?s result, as the strong housing market
continued to drive DIY sales.?
MARKET SECTORS
?In 2003 the wall and floor coverings sector was the largest of the
market with 46.8% and totaling US$28.2 billion in sales.?
SHARE OF MARKET
?With the top five companies only accounting for 27.3% of total market
sales, the industry remained highly fragmented in 2003.?
MARKETING ACTIVITY
?Spending approximately US$238.8 million, Sherwin Williams was the
largest advertiser in 2003.?
CORPORATE OVERVIEW
?Sherwin Williams grew revenues and profits for its consumer units in
2003, primarily due to a healthy DIY market.?
?Imperial Chemical Industries, ICI, reported a 5.7% increase in
revenues in 2003 from 2002, to reach US$10.4 billion.?
?Black & Decker reported a 2% increase in revenues in 2003, to reach a
value of US$4.5 billion.?
?Shaw Industries's estimated revenue for 2003 was US$4.6 billion, an
7.5% increase over 2002.?
?Mohawk Industries's revenue increased 10.7% to reach a value of US$5
billion in 2003 up from US$4.5 billion in 2002.?
?Sherwin Williams reported a 4.3% increase in revenue from 2002,
totaling US$5.4 billion in 2003 from a value of US$.5.2 billion in
2002.?
DISTRIBUTION
?Accounting for 48% of market sales, up from 47% in 2002, home centers
remained the largest distributor of DIY products in 2003?.
MARKET FORECASTS
?The market for DIY products is forecast to increase in value by 14.7%
in the 2004 to 2008 forecast period, reaching US$71.6 billion.?
SECTOR FORECASTS
?Wall and floor coverings are expected to remain the largest sector
over the forecast period with 46.1% of the total DIY market, totaling
US$33 billion by 2008.?
Source:Euromonitor
DIY Products in USA: October 2004
http://www.euromonitor.com/DIY_products_in_USA_(mmp)
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?About 33% of home refinancing money ($45 billion) will be spent on home
improvements.?
?Home Depot is #1 in the U.S. DIY market and Lowe?s #2 with 2002 sales
of $58 billion and $26 billion respectively.?
Trendlines
http://www.trendlines.com/reports/diy.pdf
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2005 Market Measure Annual Report
Home improvement industry sales in 2003 saw a dramatic increase over the previous
year, registering in at $217.3 billion, according to National Retail
Hardware Association
(NRHA) estimates.
?Each year, Do-It-Yourself Retailing publishes Market Measure, the
industry's annual report. It is is packed with statistics and in-depth
analysis, featuring a market outlook, retail D-I-Y market profile,
category rankings, top retail headlines and more.?
?This market estimate includes only sales through what we define as the primary
home improvement channel, including hardware stores, home centers and lumber
and building material outlets selling primarily to the end user. This
definition strips out retail outlets such as specialty supply outlets,
which are included in the U.S. Commerce Department?s NAICS
classification.?
?If you add sales through these outlets into the overall home
improvement market, the U.S. Commerce Department estimates its size at
around $320 billion for 2003 and approaching $360 billion in 2004.?
Click on the link below to view the full text of this report. Included
are a great deal of graphs and charts.
2005 Market Measure. (13 pages)
http://www.nrha.org/MM2004.pdf
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Search criteria
DIY market +billion
Do-It-Yourself market billion
I hope you find this information useful!
Best regards,
Bobbie7 |
,
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