CEO Comité Européen de l‘Outillage 
European Tool Committee 
Europäisches Werkzeugkomittee

DIY stores in Germany grow in 2017 by 1.1 per cent

The DIY store trade in Germany achieved gross sales to the amount of EUR 18.45 bn in 2017 and thus an increase in sales of 1.1 per cent.

Over a comparable area, the industry recorded a growth of 0.7 per cent. These figures were announced by the Germany industry association BHB. For the current year the association expects a growth in sales of 1.3 per cent, like-for-like of 1.0 per cent.

According to BHB, the first and the fourth quarters were mainly decisive for growth in financial year 2017. Thus, there was an increase of 2.3 per cent in the fourth quarter to EUR 4.25 bn.

 

When looking at the product range development over the whole of the year, according to the GfK-Total-Store-Report, DIY stores made the most sales in 2017 with the assortments construction chemicals/construction material (EUR 1.83 bn), sanitary/heating (EUR 1.78 bn), tools/machines/workshop equipment (EUR 1.27 bn), electrical (EUR 1.26 bn), coating materials/painting accessories (EUR 1.25 bn) and garden equipment (EUR 1.24 bn).

 

Growth drivers were construction chemicals/construction material (+4.5 per cent compared to 2016), living greenery (+4.0 per cent), garden equipment (+3.9 per cent), tools/machines and workshop equipment (+3.6 per cent). On the other hand, there were clear declines in sales in the product groups garden furniture (-9.6 per cent), home/decorating (-6.6 per cent) and furniture (-3.8 per cent).

 

Source: DIY International, http://www.diyinternational.com

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Posted in DIY, General Market News

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