Cordless drills is anticipated to witness solid growth in current value terms and in value terms at constant 2022 prices over the forecast period. This surge in demand can be attributed to the highly portable nature of cordless drills, thanks to their battery-powered design.
It is anticipated that over the forecast period South Africa will experience a surge in do-it-yourself (DIY) activities, owing to the increasing availability of online resources such as DIY vlogs on YouTube and Instagram. This trend will boost the demand for decorative paint in both current and constant value terms, as players in this category provide a wide spectrum of colours, finishes, and textures, offering DIY enthusiasts various options for experimentation.
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Understand the latest market trends and future growth opportunities for the Home Improvement industry in South Africa with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Home Improvement industry in South Africa, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Includes: products purchased by consumers through retail channels.Excludes: commercial sales to professional builders / tradesmen / contractors etc. Home improvement refers to bathroom and sanitaryware, decorating sundries, floor covering, hand tools, hardware, home paint, kitchen sinks, power tools, wall covering and other home improvement.See All of Our Definitions
This report originates from Passport, our Home Improvement research and analysis database.
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