United Kingdom (UK) DIY and Gardening Market Analysis by Categories, Revenue Share, Consumer Attitudes, Key Players and Forecast to 2027

United Kingdom (UK) DIY and Gardening Market Analysis by Categories, Revenue Share, Consumer Attitudes, Key Players and Forecast to 2027

Summary

The UK DIY & Gardening report offers a comprehensive insight into the DIY & Gardening market in the UK, analysing the sector, the major players, the main trends, and consumer attitudes, as well as providing market forecasts out to 2027.

The DIY & gardening market is forecast to fall by 0.6% in 2023, an improvement from 2022 when sales fell by 10.9%, as a slightly stronger performance in DIY held up a weaker gardening market, with declines of 0.2% and 1.2% respectively. Although many consumers cut back on non-essential spending, DIY was boosted by the weak housing market amid higher mortgage rates, as many consumers have been forced to improve their own homes instead of moving to tide them over until they can afford to move. The gardening market has had a weaker 2023, as unseasonable weather during the peak summer months impacted sales of weather-related categories. The DIY & gardening market is set to return to growth in 2024, rising by 1.9% as consumer confidence starts to return and the housing market picks up as mortgage rates should fall.

Scope

• DIY & Gardening market is set to decline slightly in 2023 as the high cost of living reduces consumers’ discretionary spend and due to the unpredictable weather
• B&Q remains the leader in both the DIY and gardening markets and continues to remain far ahead of its competition
• Value for money and price are the primary drivers of gardening purchases

Reasons to Buy

• Using our five year forecasts to 2027, learn which areas of the DIY & Gardening market will be the fastest performing to enable focus and investment in these winning product areas.
• Understand how drivers of DIY & Gardening purchases, such as range, price and quality, vary in importance among different demographics to maximise sales potential.
• Use our in-depth analysis and forecasts to understand current trends in DIY & Gardening subcategories, such as decorative DIY and garden structures.