DIY Trend in Home Improvement & Automation to Soar: 5 Picks

Lynne M. Centeno

The global urban population is expected to swell by around 2.5 billion by 2050. Urban dwellers have shown a significant inclination to Do-It-Yourself (DIY) projects, in both home improvement and home automation. As the coronavirus pandemic have restricted people mostly indoors, they can now invest more time in DIY projects that drives the market.

Stay-at-Home Propels Home Restructuring

The pandemic has forced people to work from home and many companies have suggested employees to continue working remotely even after the coronavirus outbreak. Hence, many are now converting their unfinished basements into a workspace or working on DIY home-office projects. This includes expanding space to fit in another computer monitor and making a bookshelf that can fit perfectly into the space available.

Additionally, in the past years, the United States has been witnessed rising adoption of luxury real estate and with the rise in population of working women, families now have

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Coronavirus Feeds Home Improvement Trend, Stocks to Count on

Lynne M. Centeno

The COVID-19-induced shelter-at-home orders fuelled the need for home improvement by housebound Americans, thereby driving demand for the said industry.

The home improvement space includes Décor and indoor garden, Painting and wallpaper, Tools and hardware, Building materials, Lighting et al.  Apart from essentials, retailers in this industry are witnessing solid demand for gardening and other in-house activity-related products.

Although states are reopening and people are reporting back to work, the emergence of new cases triggers the fear of a second wave, only to remind us that the deadly virus is not going to subside anytime soon. Rather, the pandemic threat keep people confined to their homes, spurring the obvious requirement for home improvement products.

One of the leading industry players, management at Lowes disclosed that it saw very strong COVID-related demand for cleaning products along with other necessary home appliances, such as refrigerators, freezers and DIY home repair products. As

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