Market Forecast By Product Type (Lumber and Landscape Management, Decor and Indoor Garden, Kitchen, Painting and Wallpaper, Tools and Hardware, Building materials, Lightning, Other Stores), By Distribution Channel (DIY Home Improvement Stores, Specialty Stores, Online, Other Stores) And Competitive Landscape
Product Code: ETC6351656 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: ÂÌñÉç | No. of Pages: 64 | No. of Figures: 17 | No. of Tables: 4 | |
Belgium DIY Home Improvement Market Report thoroughly covers the market by Product Type and Distribution Channel. Belgium DIY Home Improvement Market Outlook report provides an unbiased and detailed analysis of the ongoing Belgium DIY Home Improvement Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
In recent years, Belgium's DIY home improvement market has experienced steady growth owing to a rise in transactional activity. This rise in house sales has boosted the DIY home improvement market, as new homeowners often invest in renovations, repairs, and personalization of their properties. Furthermore, in January 2023, dwellings with a poor energy performance certificate were mandated to be renovated within five years of purchase, further bolstering growth in the market.
According to ÂÌñÉç, the Belgium DIY Home Improvement Market size is projected to grow at a CAGR of 2.9% during 2025–2031. In the coming years, the market is set to experience steady growth, driven by a consistent rise in renovation permits for residential buildings, which are outpacing new construction—highlighting a shift toward upgrading existing homes. Declining mortgage rates are also expected to boost housing demand, as lower borrowing costs improve affordability for buyers. This would encourage more people to enter the market, leading to increased home sales. Upcoming projects such as the Hybrid Residential Tower, Volta XL, and the NEO project reflect ongoing investment in housing. This trend is further supported by government measures such as a reduced VAT for social housing construction and renovation, rent caps in select regions and tax incentives for first-time buyers. Owing to all these factors, the Belgium DIY home improvement market is expected to experience steady growth as more people buy homes and opt for repairs and renovations.
By 2031, Painting, Wallpaper & Surface Finishes is expected to hold the highest market share in Belgium’s DIY Home Improvement Market, driven by the growing emphasis on interior renovations and personalized living spaces. Large-scale urban redevelopment projects, such as the Neo Project in Brussels, coupled with increasing consumer demand for sustainable and aesthetic finishes, are key factors fueling this segment’s expansion.
By 2031, DIY Home Improvement Stores are expected to retain the highest market share in Belgium’s DIY Home Improvement Market, driven by their comprehensive product offerings and strong regional presence. The continued rise in residential renovation projects and the preference for in-store consultations and immediate product availability, particularly in renovation-heavy regions such as Flanders, would sustain demand through this traditional distribution channel.
Thereportprovides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Belgium DIY Home Improvement Market Overview |
3.1. Belgium DIY Home Improvement Market Revenues, 2021-2031F |
3.2. Belgium DIY Home Improvement Market Industry Life Cycle |
3.3. Belgium DIY Home Improvement Market Porter’s Five Forces |
4. Belgium DIY Home Improvement Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. Belgium DIY Home Improvement Market Evolution & Trends |
6. Belgium DIY Home Improvement Market Overview, By Product Type |
6.1 Belgium DIY Home Improvement Market Revenue Share, By Product Type, 2024 & 2031F |
6.1.1 Belgium DIY Home Improvement Market Revenues, By Wood and Wood Panel Materials, 2021- 2031F |
6.1.2 Belgium DIY Home Improvement Market Revenues, By Lumber and Outdoor Landscape Products, 2021- 2031F |
6.1.3 Belgium DIY Home Improvement Market Revenues, By Building Materials (excluding Wood), 2021- 2031F |
6.1.4 Belgium DIY Home Improvement Market Revenues, By Kitchen and Bathroom Products, 2021- 2031F |
6.1.5 Belgium DIY Home Improvement Market Revenues, By Painting, Wallpaper & Surface Finishes, 2021- 2031F |
6.1.6 Belgium DIY Home Improvement Market Revenues, By Decor and Indoor Garden, 2021- 2031F |
6.1.7 Belgium DIY Home Improvement Market Revenues, By Tools and Hardware, 2021- 2031F |
6.1.8 Belgium DIY Home Improvement Market Revenues, By Lighting & Electrical Supplies, 2021- 2031F |
6.1.9 Belgium DIY Home Improvement Market Revenues, By Others, 2021- 2031F |
6.2 Belgium DIY Home Improvement Wood and Wood Panel Materials Market Revenue Share, By Type, 2024 & 2031F |
6.2.1 Belgium DIY Home Improvement Wood and Wood Panel Materials Market Revenues, By Solid Wood, 2021- 2031F |
6.2.2 Belgium DIY Home Improvement Wood and Wood Panel Materials Market Revenues, By Engineered Wood Panels, 2021- 2031F |
6.2.3 Belgium DIY Home Improvement Wood and Wood Panel Materials Market Revenues, By Laminated Boards & Composites, 2021- 2031F |
6.2.4 Belgium DIY Home Improvement Wood and Wood Panel Materials Market Revenues, By Decorative Wood Surfaces, 2021- 2031F |
7. Belgium DIY Home Improvement Market Overview, By Distribution Channel |
7.1 Belgium DIY Home Improvement Market Revenue Share, By Distribution Channel, 2024 & 2031F |
7.1.1 Belgium DIY Home Improvement Market Revenues, By DIY Home Improvement Stores, 2021- 2031F |
7.1.2 Belgium DIY Home Improvement Market Revenues, By Specialty Stores, 2021- 2031F |
7.1.3 Belgium DIY Home Improvement Market Revenues, By Online, 2021- 2031F |
7.1.4 Belgium DIY Home Improvement Market Revenues, By Others, 2021- 2031F |
8. Belgium DIY Home Improvement Market Key Performance Indicators |
9. Belgium DIY Home Improvement Market Opportunity Assessment |
9.1. Belgium DIY Home Improvement Market Opportunity Assessment, By Product Type, 2031F |
9.2. Belgium DIY Home Improvement Wood and Wood Panel Materials Market Opportunity Assessment, By Type, 2031F |
9.3. Belgium DIY Home Improvement Market Opportunity Assessment, By Distribution Channel, 2031F |
10. Belgium DIY Home Improvement Market Competitive Landscape |
10.1. Belgium DIY Home Improvement Market Revenue Ranking, By Top 3 Companies, 2024 |
10.2. Belgium DIY Home Improvement Market Competitive Benchmarking, By Operating and Technical Parameters |
11. Company Profiles |
11.1 Brico Group |
11.2 Hubo Belgium NV |
11.3 Gamma Belgium |
11.4 Mr. Bricolage Group |
11.5 Toolstation |
11.6 CEVO Market |
11.7 Bigmat |
11.8 Jos Beckx |
12. Key Strategic Recommendations |
13. Disclaimer |
List of Figures |
1. Belgium DIY Home Improvement Market Demand Revenues, 2021-2031F ($ Million) |
2. Belgium Number of Conventional Dwellings and Regional Share, 2021 |
3. Belgium Number of Renovated Buildings, 2020-24 |
4. Belgium Projected Increase in Housing Demand, 2030F-60F |
5. Belgium Number Permits Issued For New Residential Buildings, September 2024 – January 2025 |
6. Belgium Poverty Threshold by Household Type, 2020-24, In Euro |
7. Belgium Home Ownership Rate, 2020-24 |
8. Belgium DIY Home Improvement Market Revenue Share, By Product Type, 2024 & 2031F |
9. Belgium DIY Home Improvement Wood and Wood Panel Materials Market Revenue Share, By Type, 2024 & 2031F |
10. Belgium DIY Home Improvement Market Revenue Share, By Distribution Channel, 2024 & 2031F |
11. Belgium Home Ownership Rate, 2023 |
12. Belgium Median House prices, 2021-2024, In (Euro 000’s) |
13. Belgium DIY Home Improvement Market Opportunity Assessment, By Product Type, 2031F |
14. Belgium DIY Home Improvement Wood and Wood Panel Materials Market, By Type, 2031F |
15. Belgium DIY Home Improvement Market Opportunity Assessment, By Distribution Channel, 2031F |
16. Belgium DIY Home Improvement Market Revenue Ranking, By Top 3 Companies, 2024 |
17. Belgium Regions with High Renovation Activities |
List of Table |
1. Belgium DIY Home Improvement Market Revenues, By Product Type, 2023-2030F ($ Million) |
2. Belgium DIY Home Improvement Wood and Wood Panel Materials Market Revenue Share, By Type, 2023-2030F ($ Million) |
3. Belgium DIY Home Improvement Market Revenues, By Distribution Channel, 2024-2031F ($ Million) |
4. Belgium Upcoming Housing Projects |