European home improvement retailers improved productivity in 2016 with higher sales and smaller stores. Baltic countries drive growth in the sector.
According to the latest report from Dähne Verlag, sales in the home improvement sector in the European Union grew by 2.4% to €703 billion last year, including V.A.T. This sector includes the D.I.Y., home materials and gardening categories. This was a 2nd consecutive year of growth, even when the overall market value remains below the pre-crisis levels, compared to €791 billion in 2007.
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