Global DIY market

The global DIY eCommerce market is expected to increase over the next years. It is predicted to reach US$316,392.1 million by 2024 and the expected compound annual growth rate for the next four years (CAGR 2024-2028) will be 7.5%. ECDB considers the following three sub-markets within the DIY market: Tools & Construction Supplies, Vehicle Parts, and Garden. Tools & Construction Supplies is the largest sub-market and accounts for 43.8% of the global DIY market.

The online share refers to the proportion of the retail volume that is transacted via the Internet. It includes purchases via desktop PC, tablet or smartphone, both via website or app. Only retail of physical goods is taken into account. In the global DIY retail market, the online share is 10.6% and will increase by an average of 7.2% to 14.0% by 2028.

With sales in the global DIY market, walmart.com generated a revenue of US$9,740.3 million in 2023, which means it is the leading online store in this market. The global DIY ranking 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 ranking shows a filtered revenue. It only includes sales within the market DIY.

With 88.2% VISA the most commonly offered payment method of all online stores in the worldwide DIY eCommerce market in 2023. Like VISA Mastercard with a share of 87.8% and American Express with a share of 42.4% the payment type Cards is the most common used by online retailers in in the worldwide DIY eCommerce market in 2023. Other commonly used payment methods in that market are PayPal (E-wallets) with 71.7% and Bank transfer/cash in advance (Bank transfer) with 58.2% of stores offering that payment method to the clients.

Despite DHL's dominant position with 33.2% of online stores opting for its services, the worldwide DIY eCommerce market in 2023 remains diverse and competitive. Several other shipping service providers, including DPD, UPS (United Parcel Service), GLS, and FedEx, hold smaller but significant shares, contributing to a dynamic and fragmented market.

In the worldwide 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 Magento, Shopify, and WooCommerce, have been able to secure a market share exceeding 11.2%, suggesting a diversified market with numerous players holding smaller stakes.