DIY market in Hungary
The Hungarian DIY eCommerce market is predicted to reach US$377.9 million by 2024 and accounts for 9.0% of the total eCommerce market in Hungary. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 6.4%, resulting in a projected market volume of US$484.3 million by 2028. Within the DIY market ECDB considers the following three sub-markets: Tools & Construction Supplies, Vehicle Parts, and Garden.
Monthly revenues
Monthly eCommerce revenues in the Hungarian DIY market
The monthly eCommerce revenue of the Hungarian DIY market was US$33 million in October 2024. This refers to a growth of 15.8% compared to September 2024. Within the last 12 months, the monthly revenue share was the highest in November 2023 with 10.1% of the total 2023 revenue of the Hungarian DIY market and the lowest in February 2024 with 7.4% of the total 2024 revenue.
Revenue Last Month
US$33.0m
The eCommerce revenue grew by 15.8% from September 2024 to October 2024.
Monthly revenue shares in the last 12 months
0-2024 | 1-2024 | 2-2024 | 3-2024 | 4-2024 | 5-2024 | 6-2024 | 7-2024 | 8-2024 | 9-2024 | 10-2024 | 11-2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Monthly revenue share (in %) | 97.8 | 6.6 | 82.5 | 74.4 | 9.6 | 3.1 | 66.7 | 84.9 | 56.0 | 41.6 | 53.9 | 69.2 |
Market development
eCommerce revenue development in the DIY market in Hungary
The Hungarian DIY eCommerce market is predicted to reach US$377.9 million by 2024 and accounts for 9.0% of the total eCommerce market in Hungary. It is expected to increase over the next years. The expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 6.4%, resulting in a projected market volume of US$484.3 million by 2028. Within the DIY market ECDB considers the following three sub-markets: Tools & Construction Supplies, Vehicle Parts, and Garden.
eCommerce revenue development in the DIY market in Hungary
eCommerce revenue growth in the DIY market in Hungary
Net eCommerce revenue split by sub-category
2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | |
---|---|---|---|---|---|---|---|---|
Revenue (in mUS$) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
Growth (in %) | 69.5 | 31.5 | 84.7 | 4.2 | 72.1 | 47.8 | 75.1 | 65.3 |
Top stores
Top five DIY online stores in Hungary by net sales 2023
With sales in the Hungarian DIY market, obi.hu generated a revenue of US$27.9 million in 2023, which means it is the leading online store in this market. The DIY ranking of Hungary is based on all online stores that generated sales in this market in 2023. Due to a country- and category-dependent approach, both national and international online stores can be part of the ranking. The graph shows a filtered revenue. It only includes national sales within the respective market.
eCommerce net sales generated in the DIY market in Hungary in 2023
Filtered revenue / share eCommerce net sales refer to the year 2023 | Global revenue eCommerce net sales refer to the year 2023 | Growth eCommerce net sales growth refers to 2023/2022 | |
---|---|---|---|
US$900.0m 20.7% | US$8,300.0m | 8.3% | |
US$550.0m 12.0% | US$4,600.0m | 12.4% | |
US$470.0m 3.9% | US$1,190.0m | 33.6% | |
US$430.0m 20.6% | US$2,122.0m | 18.0% | |
US$370.0m 20.7% | US$1,814.0m | 12.6% |
See further stores
Shop Software Solutions
Top 5 used shop software solutions in the Hungarian DIY market
In the Hungarian DIY eCommerce market, there is intense competition among various shop software solutions, leading to a highly fragmented landscape in 2023. None of the major shop software solution, including ShopRenter, Unas, and Magento, have been able to secure a market share exceeding 7.9%, suggesting a diversified market with numerous players holding smaller stakes.
Top 5 used shop software solutions in the Hungarian DIY market
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Market definition
Definition of the DIY market
Market definition: DIY In the category DIY there is an extensive selection of products for the garden (e.g. plants, fertilizers, shovels, lawn mowers), vehicle parts (e.g. car tires, car parts, motorcycle parts), tools and construction supplies (e.g. hammers, screwdrivers, nails, faucets, lumber, paints, laminate). Online stores dedicated to stationery, crafts & art supplies, gardening services or vehicle repair services are not considered. All monetary figures refer to the annual gross revenue and do not factor in shipping costs.
In-scope
- Garden (e.g. plants, fertilizers, shovels, lawn mowers)
- Vehicle parts (e.g. car tires, car parts, motorcycle parts)
- Tools and construction supplies (e.g. hammers, screwdrivers, nails, faucets, lumber, paints, laminate)
Out-of-scope
- Stationery, crafts & art supplies
- Gardening services
- Vehicle repair services
- Construction services