DIY & Hardware Store - France

France

The DIY & Hardware Store market in France is projected to generate a revenue of €38.26bn in 2024.
It is anticipated to experience an annual growth rate of 1.19% (CAGR 2024-2029).
When compared to other countries, in China leads the market with a revenue of €728bn in 2024.
In terms of per capita income, each person in France is expected to contribute €589.80 to the total revenue in 2024.
France's DIY & Hardware Store market is experiencing a surge in demand for eco-friendly and sustainable products.

Key regions: Worldwide, China, United States, India, Japan

Definition:

The DIY (Do-It-Yourself) market refers to the retail market for products used in home improvement and repair projects, such as tools, hardware, building materials, and lawn and garden products. These products are marketed to consumers who want to perform home improvement projects on their own rather than hire a professional. The DIY market provides consumers with the materials and tools they need to complete projects ranging from simple repairs to complete renovations, allowing them to save money and express their creativity in their living spaces.

Structure:

The market is divided into seven different segments:

The Paint, Wallpaper & Supplies segment includes products used for interior and exterior decoration, renovation, and protection of residential buildings.
The Tools & Machines segment consist of products used for construction, maintenance, and repair tasks.
The Hardware & Building Materials segment includes a diverse range of products that play an important role in the structure, safety, and functionality of a building.
The Lawn & Garden segment encompasses products that help homeowners and landscapers to create and maintain attractive and functional outdoor living spaces.
The Heating & Cooling segment focuses on produts that help regulate indoor temperatures, ensuring comfort, energy efficiency, and air quality in homes.
The Bathroom Hardware segment includes products designed to enhance the functionality and appearance of bathrooms.
The Floor Covering segment encompasses products that serve to protect the floor, enhance the appearance of the room, provide insulation and comfort, and can add value to a property.

Additional Information:

The market consists of revenue and average revenue per capita data. Per capita figures take into account the whole population. This market includes only B2C (business to consumer) sales. B2B (business to business) sales (e. g., hardware for coffee shops, offices, etc.) are excluded. For more information on the displayed data, click the info button on the right hand side of each box.

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Comparación de regiones

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Analyst Opinion

The DIY & Hardware Store market in France is experiencing slow growth, influenced by factors such as changing consumer preferences, increasing competition, and the availability of online shopping options. The sub-markets, including Floor Covering and Tools & Machines, also play a role in shaping the overall market. However, despite the slow growth rate, demand for products such as Paint and Hardware & Building Materials remains steady due to ongoing home improvement projects and renovation activities.

Customer preferences: With the rise of environmental consciousness and a desire for sustainable living, consumers in France have been gravitating towards DIY and hardware stores that offer eco-friendly and ethically-sourced products. This trend is driven by a growing awareness of the impact of consumer choices on the planet and a desire to reduce waste. As a result, DIY and hardware stores are incorporating more eco-friendly options into their product offerings, and consumers are increasingly making purchasing decisions based on sustainability factors.

Trends in the market: In France, the DIY & Hardware Store Market is experiencing a surge in online sales as consumers increasingly turn to e-commerce for their home improvement needs. This trend is expected to continue, with the rise of online marketplaces and mobile shopping driving growth. Additionally, there is a growing interest in sustainable and eco-friendly products, leading to a rise in demand for environmentally conscious DIY and hardware supplies. This shift towards online purchasing and sustainability presents opportunities for industry stakeholders to adapt their business strategies and cater to changing consumer preferences.

Local special circumstances: In France, the DIY & Hardware Store market is heavily influenced by the country's strong DIY culture and the popularity of home renovation. This demand is further fueled by the strict building regulations and high labor costs for professional home improvement services. Additionally, the geography of France, with its mix of urban and rural areas, has led to a diverse range of DIY and hardware store offerings to cater to the different needs of these regions. Furthermore, the country's focus on sustainable living has also led to a rise in demand for eco-friendly and energy-efficient products, further shaping the market.

Underlying macroeconomic factors: The DIY & Hardware Store Market in France is significantly impacted by macroeconomic factors such as consumer spending, employment rates, and housing market trends. These factors influence the demand for DIY and hardware products, as well as the overall health of the market. In addition, global economic trends and fiscal policies also play a role in shaping the market, as they can affect consumer confidence and purchasing power. Furthermore, the stability of the national economy and government policies related to trade and business can impact the growth and development of the market. Overall, the economic climate in France is a key factor in determining the performance of the DIY & Hardware Store Market, and must be carefully considered by companies operating in this industry.

Methodology

Data coverage:

Data encompasses B2C enterprises. Figures are segmented by product type and consist of the following: Paint, Wallpaper & Supplies, Tools & Machines, Hardware and Building Materials, Lawn & Garden, Heating & Cooling, Bathroom Hardware, and Floor Covering.

Modeling approach / Market size:

Market sizes are determined by a top-down approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use national statistical offices, international institutions, in-house market research, and resources from the Statista platform. Next we use relevant key market indicators and data from country-specific associations such as product value, import value, and export value to determine domestic supply. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing. The main drivers are turnover indices, GDP per capita, and consumer spending per capita.

Additional Notes:

The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.