Home Improvement and DIY Statistics 2023

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The DIY (Do-It-Yourself) movement has been gaining momentum for years, transforming from a niche hobby into a mainstream lifestyle choice. Whether it’s crafting, home improvements, or even car repairs, the DIY approach has become a significant part of modern culture. But what do the numbers say? Let’s delve into some fascinating DIY and home improvement stats.

Home Improvement Stats

  • 93% of homeowners are considering taking on another project in the next 12 months
  • 43% are definitely planning a DIY project in the next year
  • Half of DIYers have taken on an exterior home improvement project
  • 60% of homeowners did not use a contractor for their home remodelling projects in 2022

Sustainability and Upcycling

  • Globally, 66% of consumers are willing to pay more for sustainable goods, indicating a significant shift towards environmentally conscious purchasing decisions.
  • 39% of Brits are already upcycling more, with furniture being the project of choice
  • Just under a quarter of people in the UK have upcycled or recycled furniture in the last year

Financial Aspects & Market Dynamics

  • In 2019, the DIY market was worth £7.2 billion
  • During the Pandemic, 62% of DIY projects were completed to save money
  • The market is expected to increase by around 2.3% between 2023 and 2025​
  • 82% of all DIYers are likely to explore products in the store, even if the final purchase is made online 
  • The COVID-19 pandemic positively impacted the DIY home improvement market Lockdowns and travel restrictions increased the demand for do-it-yourself jobs for simple home improvement activities
  • The majority of DIY consumers learn about DIYs through in-store displays, with 82% of DIYers likely to explore products in-store even if they make the final purchase online

Social and Demographic Trends

  • 3 in 4 homeowners DIY
  • 67% of new DIYers are female 
  • About 73% of Millennials are DIYers 
  • 26% of DIYers are between the ages of 31-40
  • 75% of homeowners have done a DIY project
  • Asia-Pacific is the fastest-growing DIY home improvement market
  • 64% of Gen Y DIY home improvement purchases were in-store, indicating that despite online research, physical stores remain important for product comparison and purchase.
  • Baby boomers are expected to account for 56% of all home remodels by 2025, an increase from previous years, likely due to adapting homes for older age

Sources:

  • https://www.thefarnsworthgroup.com/blog/10-diy-statistics-shaping-home-improvement
  • https://www.theworksagency.com.au/course-corrector-articles/young-females-driving-the-diy-boom
  • https://blog.lengow.com/e-commerce-trends/diy-home-uk-market/
  • https://www.angi.com/articles/diy-statistics.htm 
  • https://whydoeseverythingsuck.net/blog/diy-statistics/
  • https://www.sawinery.net/diy-statistics/
  • https://blog.gitnux.com/sustainability-statistics/
  • https://www.mordorintelligence.com/industry-reports/diy-home-improvement-market
  • https://www.insightdiy.co.uk/news/four-in-ten-brits-are-upcycling-to-reduce-waste
  • https://www.missoma.com/blogs/the-chain/upcycling-recycling-statistics
  • https://sensibledigs.com/diy-statistics-facts-and-trends
  • https://todayshomeowner.com/home-finances/guides/top-home-remodeling-statistics/

Image credit: https://unsplash.com/photos/man-on-white-ladder-3coKbdfnAFg

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