Above-average growth for DIY market

12.12.2002

Annual growth in excess of six per cent is forecast for the UK market

The volume of the British DIY market will grow annually by an average of 6.6 per cent over the next six years, whereas the retail trade overall will rise by just 4.2 per cent, according to a forecast published by Verdict Research. The market research institute expects that the DIY stores will penetrate into new product categories such as furniture, whereas they themselves have very little reason to fear the intrusion of other specialist retailers into their core product categories.
You can find a detailed report on the study at DIYglobal plus under the Market data heading (v. Further articles on this topic).
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