News | Building and home improvement trade 2020

Back

Finns in a DIY boom generate increase in sales of 4.8 per cent

The building and home improvement trade in Finland has increased its sales in the year 2020 by 4.8 per cent. Growth here was driven by the consumer segment while the professional market was affected by building activities which have been declining again for several years. This is according to an announcement by the Finnish industry association Rasi Ry.

In the first quarter, sales growth in the industry still amounted to 3.8 per cent, in the second quarter this was up to 11 per cent. Towards the end of the year, growth had evened out again to the level of the start of the year.

"Almost all yard and garden products were sold in record terms. Outdoor decking and grills, as well as plants and soil were sold. Demand for larger garden investments, such as outdoor hot tubs, also exceeded all expectations," reports Minna Liuksiala, managing director of Rasi Ry.

The Finns have also undertaken renovation work in the home on a large scale. The paint category increased its sales volume by 14 per cent compared to the previous year. Tools and hardware were also in high demand. In contrast, more building materials than last year were not sold.

|11 February 2021 | 11:56


SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

New Feature of Bunnings’ App helps customers to find products faster

To help speed up shopping trips in-store, the Australian DIY store chain Bunnings has introduced Interactive Maps - a new feature within the View news...

German DIY store sales plummet in the first quarter

No longer deemed to be an essential service, there was a substantial, if temporary, drop in sales at German home improvement stores during this View news...

Home Depot buys its own ship

As reported by news channel CNBC, the big American DIY store chain Home Depot has decided to acquire a ship to overcome the current problems of port View news...

John Herbert in conversation with DCM CEO Yasunori Ishiguro

John W. Herbert, general secretary of EDRA/GHIN, today interviewed the CEO of Japanese home improvement chain DCM, Yasunori Ishiguro, as part of the View news...