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The world DIY market achieved gross sales of € 395.5 bn in 2004, according to the latest World DIY Report compiled by Fediyma
North America and Europe together make up 90 per cent of the world market, although these two continents jointly account for only 20 per cent of the world's population. The World DIY Market Report 2005 from the Federation of European DIY Manufacturers' Associations (Fediyma) reveals that sales on the two continents are running at € 354.6 bn.
The North American continent alone accounts for a 59 per cent share of the world market that comes to US $ 319 bn (€ 235 bn). A 30.3 per cent share amounting to € 119.7 bn goes to the 25 countries of Europe.
European DIY retail groups also went beyond the borders of Europe, opening stores in Asia (China and Taiwan) and in South America as well.
Asia and Oceania make up 7.8 per cent of the worldwide volume at € 31 bn. The main players here are Japan, Australia and New Zealand. The report further notes that China has a dynamic DIY market, though it still only represents 0.2 per cent of the world market.
No significant development has been reported in Africa for some years now. French DIY retailers began to sound out North Africa in 2004, and have now opened several franchised stores in Morocco and Tunisia.
In the opinion of the authors, South America seems to offer European DIY retailers few opportunities for growth.
Companies from the United Kingdom, France and Germany are the most active when it comes to opening international branches of their DIY stores.
The full report can be obtained from the association:
Fediyma61, rue de l'Arcade75008 ParisFrance
Tel. +33/1/53 42 36 42Fax +33/1/42 93 26 62info@unibal.orgwww.fediyma.com
The North American continent alone accounts for a 59 per cent share of the world market that comes to US $ 319 bn (€ 235 bn). A 30.3 per cent share amounting to € 119.7 bn goes to the 25 countries of Europe.
European DIY retail groups also went beyond the borders of Europe, opening stores in Asia (China and Taiwan) and in South America as well.
Asia and Oceania make up 7.8 per cent of the worldwide volume at € 31 bn. The main players here are Japan, Australia and New Zealand. The report further notes that China has a dynamic DIY market, though it still only represents 0.2 per cent of the world market.
No significant development has been reported in Africa for some years now. French DIY retailers began to sound out North Africa in 2004, and have now opened several franchised stores in Morocco and Tunisia.
In the opinion of the authors, South America seems to offer European DIY retailers few opportunities for growth.
Companies from the United Kingdom, France and Germany are the most active when it comes to opening international branches of their DIY stores.
The full report can be obtained from the association:
Fediyma61, rue de l'Arcade75008 ParisFrance
Tel. +33/1/53 42 36 42Fax +33/1/42 93 26 62info@unibal.orgwww.fediyma.com
