The Russian market of goods for home repair fell for the first time since 2009

The Russian market of goods for home repair by the end of 2015 showed a decline for the first time in six years. About this newspaper “Kommersant” with reference to the research of the Agency “Infoline”.

In 2015 the volume of DIY-retail (do-it-yourself) amounted to $ 1.46 trillion roubles, which is 4,89% less than in 2014, when sales of the goods for the house and repair reached 1.54 trillion rubles.

The analysts expect further fall in the market. Projected head “Infoline-Analytics” Michael Burmistrova, sales in 2016 will fall by a further 8% compared to 2015 year and will not exceed 1.35 trillion rubles According to him, will contribute to this reduction are laying construction sites and reducing the input rise and mass housing.

The interviewed market participants noted that in real terms the amount of DIY market in 2015 decreased even more. “According to my estimates, the drop averaged 15%. In 2016 we expect that some product categories will continue to decline, albeit at a slower pace, primarily decorative goods”, — quotes the edition of words of the marketing communications Director Leroy Merlin Dmitry Dmitriev. Market participants attributed the decline in sales of the suspension of construction and commissioning of commercial real estate, as well as falling purchasing power of the population.

The publication notes that the last time analysts recorded the decrease in sales to the DIY market in 2009. Then its volume decreased by 12,52% to 727 billion rubles Since the turnover of the goods for the house and repairs is steadily growing. So, in 2010 the market increased by a quarter, but by the end of 2014, growth slowed to 9%.