DIY Market in Europe 2016-2020
Our team recognizes the following companies as the key players in the DIY market in Europe: ADEO, Bauhaus, Hornbach Baumarkt, Kingfisher, and OBI.
Other Prominent Vendors in the market are: EMV-PROFI, Eurobaustoff, Intergamma, Kesko, Travis Perkins, Les Mousquetaires, Sherwin-Williams, and ZEUS.
Check Discount on report @ https://marketreportscenter.com/request-discount/383363
Commenting on the report, an analyst from our team said: “A trend contributing to the growth of the market is a rising interest in home improvement. One of the major factors contributing to the growth of the DIY market in Europe is the thriving home improvement segment in the region. The home improvement market is highly fragmented, which provides many growth opportunities to manufacturers. In Europe, the home improvement market stood at $362.5 billion in 2014. With an improved standard of living and the increased demand for a better home space, the home improvement segment has successfully positioned itself as a top priority among consumers.”
Request sample of report @ https://marketreportscenter.com/request-sample/383363
According to the report, a key growth driver is the influence exerted by media. Media, especially television, has been playing a major role in developing the DIY consumer base by telecasting shows on home remodeling and repairs. Cable television networks like TLC Network and HGTV are increasingly focusing on DIY projects at home. The social media also plays a vital role in the growth of this market. Video streaming sites such as YouTube and Vimeo encourage DIY consumers to learn and try new things. Social network sites such as Facebook and Pinterest also help in attracting DIY consumers.
Further, the report states that one challenge that could hamper market growth is intense competition among vendors. The inability to adapt to the changing competitive landscape could affect the profitability, margins, or demand for products. Hence, major players are shifting to omni-retail strategy to adapt to the changing competitive landscape. Vendors need to diversify their product lines and enter niche markets to combat this challenge.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit- https://marketreportscenter.com/reports/383363/diy-market-in-europe-2016-2020
About Market Reports Center;
Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable.
Market Reports Center currently has more than 3,00,000 plus titles and 50+ Publishers on our platform and growing consistently. We cover more than 35 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Construction, Agriculture, Food, Beverages, Banking & Finance, Media and Government, Public Sector Studies.
Connect for more details:
Market Reports Center