DIY Index
DIY Index
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International
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OVERVIEW
Home and Garden
Market Prospects
DIY Potential
Retail Disruption
Key Takeaways
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HOME AND GARDEN 6
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DIY INDEX: METHODOLOGY 8
▪ The following sections give an overview of each of Market Prospects DIY Potential Retail Disruption
these themes and the performance of each key
Source: Euromonitor International
market.
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DIY INDEX: METHODOLOGY 9
Possible
Category Subcategory Metric
Points
Baby Boomers and Generation X as a Percentage of Total
Addressable Market 14.0
Market Population (2018)
Prospects Homeowners as a Percentage of Total Households (2018) 14.0
Percentage Growth in the Number of Urban Households (2018-
Growth Factors 4.0
2023)
Growth in Median Disposable Income Per Household (2018-2023) 4.0
House Prices House Price Index (2018) 4.0
Home Improvement Retail Value Growth (2018-2023) 10.5
DIY Potential Category Evolution
Gardening Retail Value Growth (2018-2023) 10.5
Home Furnishings Retail Value Growth (2018-2023) 9.0
Online Spend Home Improvement and Gardening Online Penetration (2018) 9.8
Retail Disruption Home Furnishings Online Penetration (2018) 9.8
Change in Home Improvement and Gardening Stores Penetration
Store-Based Dominance 4.5
(2013-2018)
Connectivity Penetration Rates of Fixed (Home) Broadband (2018) 3.0
Penetration Rates of Mobile Broadband (2018) 3.0
DIY Index Total Possible Points 100.0
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DIY INDEX: METHODOLOGY 11
DIY Index: Key Markets Total Score (Market Prospects, DIY Potential, Retail Disruption)
70.0
60.0
Total DIY Index Score (max = 100)
50.0
40.0
30.0
20.0
10.0
0.0
-10.0
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DIY INDEX: METHODOLOGY 12
DIY Index looks beyond product level to highlight key development areas
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Market Prospects
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DIY INDEX: MARKET PROSPECTS 14
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DIY INDEX: MARKET PROSPECTS 15
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DIY INDEX: MARKET PROSPECTS 16
1990 2018
Source: Euromonitor International Lifestyles Survey (2019). Respondents asked “Thinking about Source: Euromonitor International
your ideal home, what features or characteristics would you prioritise?” and answering
“urban/inner city location”. Respondents able to select up to five characteristics.
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DIY INDEX: MARKET PROSPECTS 17
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DIY INDEX: MARKET PROSPECTS 18
China scores low on per household spend, but high on Market Prospects
DIY Index: Market Prospects Country Scores vs. Per Household Spend on Home
Improvement and Gardening
1,200.0
1,000.0 USA
Per Household Spend (USD, 2018)
800.0
Australia Canada
Germany
Netherlands
600.0
Switzerland France
United Kingdom
Malaysia
Sweden Poland
400.0 Italy Spain
United Arab Emirates Argentina
Hong Kong, China
Taiwan Thailand
Japan
Indonesia Singapore
200.0 Russia China
Turkey
South Africa South Korea Romania Ukraine
Philippines
Brazil Mexico India
0.0
0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0
Market Prospects Score (max = 40)
Source: Euromonitor International
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DIY INDEX: MARKET PROSPECTS 19
Singapore ranks second in Market Prospects due to high home ownership rate
30.0
25.0
20.0
15.0
10.0
5.0
0.0
-5.0
Baby Boomers and Generation X as a Percentage of Total Population (2018) Homeowners as a Percentage of Total Households (2018)
Percentage Growth in the Number of Urban Households (2018-2023) Growth in Median Disposable Income Per Household (2018-2023)
House Price Index (2018)
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DIY INDEX: MARKET PROSPECTS 20
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DIY Potential
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DIY INDEX: DIY POTENTIAL 22
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DIY INDEX: DIY POTENTIAL 23
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DIY INDEX: DIY POTENTIAL 24
Home Improvement
▪ Bathroom and sanitaryware, floor covering (carpets, floor tiles, wooden flooring, other floor covering),
hand tools, hardware, home paint (decorative paint, lacquer and varnish), kitchen sinks, power tools
(cordless and corded drills) and other power tools, wall covering (wall tiles, wall paper) and other home
improvement.
Gardening
▪ Garden care (fertiliser, soil, pest control, herbicides), gardening equipment (gardening hand tools,
gardening power tools, lawn mowers, watering), horticulture (indoor plants, seeds, other horticulture),
pots and planters and other gardening.
Home Furnishings
▪ Home textiles (bath textiles, bed textiles, kitchen and dining textiles, living room textiles, rugs), indoor
furniture (bedroom furniture, dining furniture, home office furniture, kitchen furniture, living room
furniture, sitting furniture, storage furniture, other indoor furniture), window covering (blinds, curtains),
barbecues (charcoal, electric, gas), outdoor furniture, lighting fixtures and light sources (incandescent
lamps, halogen lamps, linear fluorescent lamps, compact fluorescent lamps and light-emitting diode
lamps).
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DIY INDEX: DIY POTENTIAL 25
Developing markets the top scorers for DIY Potential due to economic growth
DIY Index: DIY Potential Country Scores vs. Per Household Spend on Home Improvement
and Gardening
1,200.0
1,000.0 USA
Per Household Spend (USD, 2018)
Germany
Australia 800.0
Canada
Netherlands
Switzerland
600.0
France United Kingdom
Sweden
400.0 Hong Kong, China
Spain
Singapore Malaysia
Japan Poland Romania
Italy Brazil
South Africa
United Arab Emirates China
Turkey 200.0
Russia India
Mexico Indonesia
Taiwan Argentina Philippines Thailand
South Korea Ukraine
0.0
-5.0 0.0 5.0 10.0 15.0 20.0 25.0 30.0
DIY Potential Score (max = 30)
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DIY INDEX: DIY POTENTIAL 26
Indonesia ranks first for DIY Potential as home improvement demand swells
25.00
DIY Potential Score (max = 30)
20.00
15.00
10.00
5.00
0.00
-5.00
Home Improvement Retail Value Growth (2018-2023) Gardening Retail Value Growth (2018-2023) Home Furnishings Retail Value Growth (2018-2023)
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DIY INDEX: DIY POTENTIAL 27
▪ In contrast, France was the lowest performing market, Home Improvement Retail Value Growth (2018-2023)
due to forecast negative home improvement and Gardening Retail Value Growth (2018-2023)
home furnishings retail value growth, fuelled by the Home Furnishings Retail Value Growth (2018-2023)
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Retail Disruption
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DIY INDEX: RETAIL DISRUPTION 29
100.0
50.0
0.0
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
Penetration Rates of Fixed Broadband
Penetration Rates of Mobile Internet
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DIY INDEX: RETAIL DISRUPTION 31
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DIY INDEX: RETAIL DISRUPTION 32
DIY Index: Retail Disruption Country Scores vs. Per Household Spend on Home
Improvement and Gardening
1,000.0
USA
900.0
800.0
Australia Canada
Per Household Spend (USD, 2018)
700.0
Germany
Switzerland Netherlands
600.0
France
United Kingdom
500.0
Sweden
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DIY INDEX: RETAIL DISRUPTION 33
25.00
Retail Disruption Score (max = 30)
20.00
15.00
10.00
5.00
0.00
-5.00
Home Improvement and Gardening Online Penetration (2018) Home Furnishings Online Penetration (2018)
Change in Home Improvement and Gardening Stores Penetration (2013-2018) Penetration Rates of Fixed (Home) Broadband (2018)
Penetration Rates of Mobile Broadband (2018)
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DIY INDEX: RETAIL DISRUPTION 34
▪ The UK, South Korea and the US were the top ranking
Retail Disruption: Top 3 and Bottom 3
markets for Retail Disruption, with scores of 24.1,
18.1 and 16.1 points, respectively. High scores for Countries by Score
these markets are due to the high online penetration
United Kingdom
rates for both home improvement and gardening and
home furnishing products. In the UK, 19.7% of home South Korea
showcasing the lowest score for Retail Disruption at Penetration Rates of Fixed (Home) Broadband (2018)
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Key Takeaways
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▪ Category evolution over 2018-2023 serves as a ▪ Online sales for home improvement and
proxy for DIY Potential. The economic climate in gardening continue to climb, but home
some markets (e.g. France) is expected to hinder furnishings possesses higher online penetration.
growth in home improvement, gardening and
home furnishing products, dragging scores down. ▪ The future is mobile: Rapid development in
smartphone possession and improvements to
▪ Home furnishings is a highly sought after category mobile internet mean that consumers are
by consumers and with increasing competition becoming more comfortable shopping on their
from home furnishing retailers, this category has smartphones.
also been included in the DIY Index.
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Appendix
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APPENDIX 38
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HOME AND GARDEN 39
Erika oversees and manages the firm’s global home and garden research,
providing insights and analysis into how digitalisation, the smart home,
urbanisation and the sharing economy are transforming the homewares, home
furnishings, home improvement and gardening categories worldwide.
Erika holds a Masters in Political Economy from the University of Sydney and a
Bachelors in Commerce and Arts from the University of Auckland.
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Contact details
Erika Sirimanne, Head of Home and Garden
erika.sirimanne@euromonitor.com
Linkedin.com/in/erikasirimanne
@ESirimanne
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