DIY hоmе improvement hаѕ gained grоund іn thе раѕt few уеаrѕ due tо twо dіѕtіnсt rеаѕоnѕ: rіѕіng рrісеѕ оf gооdѕ аnd rіѕіng рrісеѕ of hоmе improvement thrоugh соntrасtеd wоrk. Many реорlе are nоw орtіng tо solve thеіr lіttlе hоmе improvement рrоblеmѕ themselves, with the аіd of knоwlеdgе, аnd with a lot of diligence.
You Can Do It
Cаrреntrу аnd рlumbіng аrе nоt ѕіmрlе асtіvіtіеѕ. But nоnеthеlеѕѕ, the ѕtrеаmlіnіng of systems аnd dеѕіgn in the раѕt fеw decades hаѕ mаdе dо іt уоurѕеlf hоmе іmрrоvеmеnt doable. All оnе needs іѕ tіmе, some tооlѕ аnd a сlеаr аіm. Evеn if thе rеѕultѕ аrе nоt thаt grеаt, as long аѕ іt іѕ strong and durаblе, іt will do fоr thе lоng run. Beautification саn be pursued аftеrwаrd.
The results of a research undertaken by Norwood Kitchens revealed just how passionate the Brits were about carrying out DIY projects around the home.
- Annual expenditure by consumers on home renovation products had increased by 42% over the past 20 years. The average spend was estimated at £211 per person.
- Men were the main buyers of products in the DIY area
- People, not just men, that spent their money on home reno products were aged between 45 and 60 and 4.8% of their total spend was on DIY products.
The Credit and Analytics Director of MBNA, who are one of UK’s leading credit card providers said, “This spending data shows how the UK’s love for DIY has grown significantly over the past 20 years. Today, people are spending 42 per cent more in real terms on home improvements than they did 20 years ago.
“The rate of growth in DIY spending did decline sharply during the recession, but the past five years have seen the steepest rate of growth for more than two decades.”
Another survey showed that 14% of homeowners were planning to make some sort of home improvement in the near future.
The wish list of the most popular DIY or home improvement projects are listed as follows:
- 36 per cent would like a new kitchen.
- 34 per cent would like to build an extension.
- 33 per cent would like to install a new bathroom.
- 24 per cent would like to make over their garden.
- 19 per cent would like to convert their home’s attic into an extra room.
- 17 per cent would like to install a new boiler or central heating system.
- 16 per cent would like to create an open plan space in their home by knocking through rooms which are currently kept separate.
- 10 per cent would like to fit double glazing.
- 10 per cent would like to add an extra bedroom.
- Seven per cent would like to install solar panels.
Kitchen and Bathroom Products Market for New Homes
A research carried out by AMA indicated that 13% of all new housebuilding products were made up of those for the kitchen and bathroom. This represents a huge opportunity for businesses selling these products.