Come and grow – the spoga+gafa blog » News » DIY Market in the EU: Size of the Market Declines 2013 by 1.2 Percent

DIY Market in the EU: Size of the Market Declines 2013 by 1.2 Percent

Recent calculations of the IFH Cologne show that the DIY-market has again taken a slight decline in sales in the year 2013. The size of the market sank to 673 billion Euro. Only four merchandise groups were able to increase their sales.

Screws, flowers, bricks, lake pumps, wallpapers: Although the DIY market in Europe had trouble developing in the past years, the 27 member states of the European Union turned over 673 billion Euro with DIY merchandise altogether in 2013. Following a stable phase of growth, the industry had to take a setback due to the financial crisis in 2008/2009. In 2012 the sales declined again slightly and this negative trend continued in 2013 when the volume of sales dropped another 1.2 percent. The industry expert Christian Lerch from the IFH explains the negative trend: “The reasons for this development are the difficult weather of the past few years and the declining building sector in many European countries.”

With combined sales of 140 billion Euro in the DIY-product ranges – home building, construction materials and gardening – Germany is the most important single market in Europe: Over 21 percent of consumer expenditures in DIY were made in the most populous country of the EU.

Looking at the core product ranges in DIY, it becomes clear that there is almost no branch spared by the sales drop. With minus 1.8 percent the gardening branch – especially garden furniture and garden tools – took the biggest losses. The two other product branches, home building and construction materials had losses of 1.3 and 1 percent. Only four merchandise groups were able to increase their sales, the leading group was heating/air-conditioning.

Further Information: www.ifhkoeln.de

Leave a Reply

Your email address will not be published. Required fields are marked *