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The Growth of the DIY Industry

04 August 2022, 18:12 CET

The DIY industry is growing at a rapid rate now and this is for a few reasons.

In 2021, the global size of the home improvement market was $842.2 billion and it is predicted to reach a staggering $1,278 billion by 2030. So, what is causing the rapid growth of the DIY industry? Keep reading to find out.

Rising Cost of Living

One of the primary reasons that the industry is seeing so much growth right now is the rising cost of living that is being seen around the world. People always need to have work done on their homes, but many are deciding to now do this themselves instead of hiring a professional. It is easy enough to buy brushes, paint and decorators caulk to revive your walls at home and this will be cheaper and more enjoyable than getting a professional to come in.

DIY Improves Mental Health

Many people are also discovering that DIY can improve mental health and lower stress. When you focus on DIY, you can forget about everything else and enjoy spending time not staring at a screen. Not only this, but DIY can be immensely rewarding once you have completed the work successfully.

DIY is Physically Active

DIY can also be a good workout and a great way for people to stay active. If you work an office job and you are looking to be a bit more active in your life, you might find that DIY projects will help to increase your activity and this will benefit both your physical and mental wellbeing. You should find that regular projects around the house can improve your strength, balance and coordination.

The Internet is a Goldmine

You will also find that DIY is easier than ever to get started with these days thanks to the internet. The internet is a goldmine for guides, advice and tips for all kinds of DIY projects, which means that you can take on all kinds of projects around the home. YouTube, in particular, is helpful as you can find follow-along videos for all kinds of DIY projects that will help you to complete work to a high standard and work safely. Obviously, there will be some tasks that need to be completed by a professional, but many projects around the home you can do yourself with the right set of tools and a guide.

These are the main reasons why DIY is booming right now and why it is likely to continue to grow in the years to come. Many people are discovering that there are all kinds of projects that they can complete by themselves, which will help them to save money while also enjoying the personal sense of satisfaction that you get from improving their own home.

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