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Since 1995, MosBuild has evolved into the region's premier international building and interior show, and this year’s 30th anniversary promises to be the most impressive yet. 

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MosBuild has evolved into the regions premier international building and interior show, and this years 30th anniversary promises to be the most impressive yet

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Russia’s DIY sector is showing positive signs across the country. Last year, wholesale and retail trade of DIY products and materials grew 3% year-on-year, and a further 3% growth is expected from 2018-19, according to Info-Line information agency.&nbsp;The growth has been having a huge effect on building materials suppliers. Info-Line reports that in 2017 the 10 largest DIY market players showed revenue growth of 14%, with total revenue reaching 436bn roubles.&nbsp;<h3>The outlook for Russia’s DIY market</h3> Optimism remains high, with 80% of DIY market players expecting sales to grow in 2018, according to Info-Line’s report presented at MosBuild 2018’s DIY Forum.&nbsp;Indeed, with Russia’s mortgage market rising – an impressive 30% in 2017 – as well as forecasted increases in consumer spending, it’s positive news for the DIY sector.&nbsp;Market research firm PMR predicts the Russian DIY market to increase yearly by about 5% on average by the end of 2022.&nbsp;PMR reports that the DIY retail market accounted for 44% of the total DIY market value in 2016 but this is expected to rise over the coming years alongside renovations and a revival in the residential construction market.&nbsp;<h3>Top market players in Russia</h3> In terms of market players, the largest on the Russian market is Leroy Merlin, with an estimated market share of nearly 11%. The firm’s expansion plans – 200 stores by 2024 – are set to keep Leroy Merlin in top position over the coming years and to overtake Stroitelny Dvor as the leading DIY chain by number of stores.&nbsp;More and more DIY chains have opened online stores to better serve their customers: Leroy Merlin, OBI, K-Rauta, Petrovich, Baucentr, Maxidom, and Castorama. In addition, there is growth potential for smaller-format stores on Russia’s DIY market suitable for smaller towns or shopping centres.&nbsp;Petrovich has already launched several smaller hybrid stores combining offline and online elements, while Stroitelny Dvor, Vimos, OBI and Leroy Merlin are also developing a chain of smaller stores.&nbsp;This continued market growth and new retail formats are excellent news for international manufacturers and suppliers of building and finishing materials looking to grow exports to Russia.&nbsp;<h3>Interested in growing your sales on the Russian market?</h3> Boost your presence in Russia by exhibiting at the country’s leading trade exhibition – MosBuild 2019.&nbsp;Every year, the show attracts over 65,000 industry professionals looking to source new building and finishing materials – 17,000 of whom are wholesalers and 14,000 are retailers.&nbsp;Make sure the market knows about your brand and latest products by exhibiting at MosBuild 2019.&nbsp;Enquire today to secure a stand and access this growing market.

CONTINUED GROWTH FOR RUSSIAN DIY MARKET IN 2018

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CONTINUED GROWTH FOR RUSSIAN DIY MARKET IN 2018