Categories: News

Europe’s Online DIY Market Hits €66 Billion in 2024

In 2024, Europe’s online Do-It-Yourself (DIY) sector generated €66 billion in revenue, marking a solid year of growth for the industry. This accounts for 17% of the total DIY market, which reached an overall value of €388 billion, combining both digital and in-store sales.

This data comes from the latest study by Cross-Border Commerce Europe, highlighting a notable jump from 2023, when the online share stood at 15.2% and totaled €56 billion in value. Originally, the market was forecasted to hit €66 billion by 2025, but the target was already met a year earlier.

Digital Sales Keep Climbing

The online segment of the DIY, home, and garden retail market grew by 18% year-over-year. If this trend holds, the digital DIY market could hit €78 billion by 2026.

“The accelerated growth is driven by a surge in online-only players and heightened cross-border activity,” note researchers at Cross-Border Commerce Europe.

Marketplaces and Global Competition

Amazon continues to dominate the space with a 15% market share, translating to roughly €9.15 billion in sales. However, platforms like Temu and AliExpress are gaining ground fast, intensifying competition in the European market.

Cross-Border Sales Gaining Momentum

Cross-border e-commerce in the DIY sector also saw significant growth. In 2023, cross-border transactions made up 31.8% of online sales, valued at €17.8 billion. In 2024, that figure climbed to 32.8%, reaching €21.6 billion.

Projections indicate that by 2026, cross-border sales could represent 34% of the online DIY market, amounting to an estimated €26.5 billion out of the expected €78 billion total.

As traditional DIY retailers adapt to the growing digital landscape, expanding cross-border capabilities and embracing marketplaces will be crucial for continued success.

Vaiva Zdanoviciute

Recent Posts

Icecat Release Notes 253: Smarter Product Discovery, Greater Editorial Control, and a Stronger Platform

At Icecat, every release is designed to improve how partners manage, discover, and distribute product…

20 hours ago

The AI Boom Is Making Consumer Electronics More Expensive

Artificial intelligence is driving one of the biggest investment waves the technology industry has seen…

20 hours ago

AI-Referred Shoppers Are Spending More – Here’s What That Means for E-commerce

For years, search engines and social media have been the primary gateways to online shopping.…

2 days ago

Alibaba Sues US Government Over Pentagon Blacklist

Global e-commerce has long depended on open markets, international supply chains, and cross-border technology partnerships.…

3 days ago

When AI Becomes a Geopolitical Issue: The Anthropic Export Controls Debate

Artificial intelligence is increasingly shaping international competition. Discussions about AI often focus on new models,…

4 days ago

Origin Storage Joins Icecat Commerce Distributor Partner Network

We are happy to announce that Origin Storage has officially joined the Icecat Commerce Partner…

7 days ago