The Home Remodeling Market report segments the industry into Project Type (DIY(Do it Yourself), Professional), By Distribution Channel (Online, Offline), By Application (Windows and Doors, Kitchen and Bathroom, Floor and Roof, Walls, Other Applications), and By Geography (North America, Europe, Asia Pacific, Middle East and Africa, South America). Five years of historical data and market forecasts are included.

The U.S. home improvement market increased by over ** billion U.S. dollars between 2023 and 2024. It is expected to increase its market size again in the years after that. Overall new residential construction in the United States is expected to follow a similar growth trend.

This statistic depicts kitchen remodel motivations in the United States from 2022 to 2025. The survey revealed that, around 40 percent of respondents were motivated to remodel their kitchen, because they were no longer happy with its appearance.

Remodeling expenditure in the United States amounted to *** billion U.S. dollars in the third quarter of 2022 and is set to reach *** billion U.S. dollars by the third quarter of 2023. This upward trend has been in place since 2015 but is expected to slow down in 2023. Why do homeowners invest in home improvement? Homeowners undertake home improvement projects for a variety of reasons, such as to increase value before sale, to improve the energy efficiency of their home, or to repair and upgrade their newly purchased, but older home. Approximately one quarter of homeowners who renovated in 2023 did so because they wanted to customize a recently bought house. How are they financing these projects? In 2023, most homeowners funded their renovations with cash from their savings, whereas ***** percent used an unsecured loan to do so. This indicates that home improvements are important enough for many Americans to prioritize saving for such projects.

Introduction

Home Improvement Statistics: The home improvement sector has experienced remarkable growth in recent years. It includes the sale of construction materials, appliances, décor, and various home improvements, as well as the services provided by contractors, tradespeople, and other professionals who assist in building, installing, modifying, and upgrading residences.

The homeownership market constitutes a substantial segment of the global economy, with numerous consumers across the globe eager to improve the aesthetic look and functionality of their homes. Recently, there has been a trend towards making homes smarter by incorporating integrated and interconnected devices that automate different functions within the household. In this statistic, we will know more about home improvement trends.

The global home remodeling market, valued at $100.20 billion in 2025, is projected for robust growth, exhibiting a Compound Annual Growth Rate (CAGR) exceeding 4.31% from 2025 to 2033. This expansion is fueled by several key drivers. Increasing disposable incomes, particularly in developing economies, are empowering homeowners to invest in home improvements. Furthermore, a growing preference for personalized living spaces and the rising popularity of sustainable and eco-friendly remodeling practices are significantly boosting market demand. The aging housing stock in many developed nations necessitates substantial renovation and repair, further contributing to market growth. The market is segmented by project type (DIY and professional), distribution channel (online and offline), and application (windows and doors, kitchen and bathroom, floor and roof, walls, and other applications). Major players like Franklin Building Supply, Ferguson Enterprises, Andersen Corporation, Kohler, JELD-WEN, Masco Corporation, ABC Supply Co Inc, and Builders FirstSource Inc. are vying for market share, offering a diverse range of products and services to cater to varying consumer needs and preferences. Competition is fierce, requiring companies to continuously innovate and adapt to evolving consumer demands and technological advancements. The segmentation offers diverse investment opportunities. The professional segment is likely to dominate due to complex projects requiring specialized skills, while online distribution channels are experiencing rapid growth due to increased accessibility and convenience. Kitchen and bathroom renovations remain significant segments, reflecting the high value placed on these functional spaces. However, restraints such as fluctuating raw material prices, economic downturns, and skilled labor shortages pose potential challenges to sustained growth. Regional variations in market dynamics are expected, with North America and Europe currently holding larger shares, while Asia-Pacific is poised for significant growth in the coming years driven by rapid urbanization and rising middle classes. Strategic partnerships, product diversification, and technological integration are crucial for companies to maintain a competitive edge and capitalize on the considerable growth potential of this dynamic market. This insightful report provides a detailed analysis of the home remodeling market, encompassing the period from 2019 to 2033. With a base year of 2025 and a forecast period spanning 2025-2033, this study offers invaluable insights for businesses and investors alike. The report leverages data from the historical period (2019-2024) to project future market trends and opportunities within the multi-billion dollar industry. Key players such as Franklin Building Supply, Ferguson Enterprises, Andersen Corporation, Kohler, JELD-WEN, Masco Corporation, ABC Supply Co Inc, and Builders FirstSource Inc are analyzed, alongside other significant market participants. Recent developments include: October 2023: Great Day Improvements, LLC, a prominent DTC home remodeling company, expanded its brand portfolio through the successful acquisition of K-Designers, a California-based remodeling contractor. As one of the top remodeling contractors in the United States, K-Designers specializes in enhancing curb appeal through services such as Siding, Windows, Patios, Doors, and Bathroom remodeling. This strategic move allows Great Day Improvements to make a significant entry into the California remodeling market, fortify its presence in the western U.S., and continue its trajectory of growth., April 2023: M&M HVAC Services finalized the acquisition of Sunset Ridge Ecoline Exteriors Corporation, a Wisconsin-based company situated in the McFarland area. This acquisition underscores M&M's unwavering commitment to executing its strategic plan and actively seeking opportunities for construction, expansion, and nationwide growth across the United States.. Key drivers for this market are: 4., Rising property values4.; Changing lifestyles. Potential restraints include: 4., Economic uncertainity4.2.2.2 fluctuations in interest rates or housing market conditions. Notable trends are: Booming DIY segment bolstering the market.

The Office of Consumer Protection (OCP) licenses builders or anyone acting in the capacity of a building contractor who constructs new homes in Montgomery County. This data consists of all active new home builder license holders. OCP does not license home improvement (ex. repair, remodeling, partial replacement, addition, or modernization, of existing structure) contractors; these contractors are licensed by Maryland Home Improvement Commission. The license information is deemed to be reliable, but we cannot guarantee the accuracy and completeness of the information. Any information that is shown to be inaccurate will be corrected if brought to the attention of OCP. Data Update Frequency : Daily

United States RMI: sa: FM: Backlog of Remodeling Projects data was reported at 58.000 Point in Mar 2025. This records a decrease from the previous number of 59.000 Point for Dec 2024. United States RMI: sa: FM: Backlog of Remodeling Projects data is updated quarterly, averaging 67.000 Point from Mar 2020 (Median) to Mar 2025, with 21 observations. The data reached an all-time high of 85.000 Point in Dec 2021 and a record low of 46.000 Point in Mar 2020. United States RMI: sa: FM: Backlog of Remodeling Projects data remains active status in CEIC and is reported by National Association of Home Builders. The data is categorized under Global Database’s United States – Table US.EB: NAHB/Westlake Royal Remodeling Market Index.

Global home improvement market size was valued USD 340.81 billion in 2022 and is expected to rise to USD 490.13 billion by 2030 at a CAGR of 4.65%.

The home renovation app market is experiencing robust growth, driven by increasing smartphone penetration, a preference for DIY home improvement projects, and the rising demand for convenient and cost-effective design solutions. The market, estimated at $2 billion in 2025, is projected to grow at a Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033, reaching an estimated $6 billion by 2033. Key drivers include the user-friendly interfaces of these apps, which simplify complex tasks like 3D room design, material selection, and budgeting. The rising popularity of virtual reality (VR) and augmented reality (AR) technologies within these apps further enhances the user experience, allowing for immersive visualization of potential renovations before implementation. Trends indicate a move toward integrated platforms that offer end-to-end solutions, from initial design and planning to project management and contractor connection. However, challenges such as data security concerns, the need for accurate measurements, and competition from established players in the home improvement industry act as restraints. Segmentation within the market includes apps focused on specific aspects of renovation, such as kitchen design, bathroom remodeling, or landscaping, catering to diverse consumer needs. Leading players like Houzz, HomeStyler, and Wayfair are leveraging their established brands and extensive user bases to dominate the market, while newer entrants are focusing on innovative features and niche segments. The competitive landscape is dynamic, with both established players and new entrants vying for market share. Companies are investing heavily in research and development to incorporate advanced technologies like AI-powered design assistance and automated cost estimation. Regional variations in market growth are expected, with North America and Europe maintaining significant market share due to higher disposable incomes and a strong DIY culture. However, the Asia-Pacific region is poised for significant growth driven by rising urbanization and increasing homeownership rates. The increasing adoption of these apps by both homeowners and professionals demonstrates the market's transformative potential within the broader home improvement industry. Future growth hinges on continued innovation, robust data security measures, and strategic partnerships with contractors and suppliers to create a truly seamless user experience.

Residential Remodeling Estimating Software Market size was valued at USD 99.98 Million in 2024 and is projected to reach USD 162.9 Million by 2031, growing at a CAGR 10.7% during the forecasted period 2024 to 2031

Global Residential Remodeling Estimating Software Market Drivers

Growing Trend of Home Renovation and Remodeling: The need for estimating software is fueled by the growing popularity of home renovation and remodeling projects, which are fueled by aging housing stock, changing lifestyle choices, and a need for modernization. In order to successfully plan and carry out remodeling projects, contractors and homeowners alike look for precise cost estimation tools.

Rising Adoption of Digital Solutions: Increasing Use of Digital Solutions Digitalization is becoming more prevalent in the construction sector, even in residential remodeling. Professionals in the construction and renovation industries are adopting technology to improve efficiency, increase output, and provide superior services. Remodelers are using estimating software because of its features, which include budget management, material estimation, and project pricing.

Need for Accuracy and Efficiency: Remodeled spaces must be efficient and precise at the same time. Estimating software helps contractors do this by removing human mistake and cutting down on computation time. The software offers accurate estimates by allowing users to input project specifics, labor and material prices, and other variables. This enhances the precision of project planning and budgeting.

Increasing Complexity of Remodeling Projects: Home remodeling projects are getting more intricate, requiring a variety of crafts, resources, and jobs. With the ability to organize data, track costs, and generate detailed estimates for a range of components, from construction and demolition to finishing touches, estimating software assists remodelers in managing the complexities of these projects.

Integration with Other Construction Software: A smooth workflow for remodelers is produced by the integration of several estimating software programs with other platforms for accounting and construction administration. By enabling users to move project data between several software programs, including schedules, invoices, and estimates, integration features enhance teamwork and data accuracy.

Flexibility and Customization: Remodeling estimating software provides alternatives for customization to meet the various needs of remodelers and the particular specifications of every project. Input fields, pricing databases, reports, and templates may all be altered by users to suit their own processes and preferences, which increases output and user happiness.

Pay Attention to Budget-Friendly Options: Both contractors and cost-conscious homeowners look for strategies to increase value and minimize project expenses. Estimating software contributes to the overall profitability and customer satisfaction of a project by helping to find cost-saving opportunities, compare pricing options, and negotiate better agreements with suppliers and subcontractors.

Demand for Remote Collaboration Tools: The COVID-19 epidemic has expedited the construction industry's adoption of remote work and virtual collaboration tools, hence increasing demand for these products. Software for remodeling estimates that is mobile and cloud-based enables users to work together remotely, share project data, and interact with clients, suppliers, and team members efficiently.

Stressing Green Building and Sustainability Practices: The need for remodeling solutions that put an emphasis on eco-friendly materials, sustainable building practices, and energy efficiency has grown along with environmental sustainability consciousness. Remodelers may support green remodeling programs by using estimating tools to weigh the costs and benefits of sustainable solutions including renewable materials, energy-efficient appliances, and green building certifications.

Observance of Regulations and Recordkeeping: By producing precise paperwork and reports, estimating software helps remodelers comply with building rules, regulations, and permit requirements. By automatically incorporating local construction codes and regulatory standards into estimates, the software can minimize the risks associated with non-compliance and ensure compliance.

Residential Remodeling Estimating Software Market Outlook

The residential remodeling estimating software market size was valued at approximately USD 1.2 billion in 2023 and is anticipated to reach around USD 2.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 8.5% during the forecast period. This robust growth is primarily driven by increasing urbanization, the rising demand for home renovations, and the evolving adoption of digital tools in the construction industry.

The rapid urbanization and rising disposable incomes have significantly contributed to the growth of the residential remodeling estimating software market. As urban populations expand, there is an increasing demand for personalized and efficient home renovation solutions. Homeowners are looking to enhance their living spaces, which drives the need for accurate estimating tools that can streamline project planning, budgeting, and execution. Furthermore, the trend towards smart homes and sustainable living has fueled the demand for advanced remodeling solutions that incorporate energy-efficient designs and materials.

Technological advancements in construction and design software have also played a pivotal role in the market's expansion. The integration of artificial intelligence (AI), machine learning (ML), and cloud computing in estimating software has revolutionized the way remodeling projects are approached. These technologies enable real-time data processing, predictive analytics, and seamless collaboration among stakeholders, resulting in more accurate cost estimates and efficient project management. As a result, the adoption of residential remodeling estimating software has increased among contractors, remodelers, and designers.

The increasing awareness of the benefits of remodeling estimating software among end-users is another significant growth factor. The software not only improves accuracy and efficiency but also enhances transparency and accountability in project management. Homeowners and contractors alike are recognizing the value of these tools in minimizing project delays, reducing costs, and ensuring high-quality outcomes. As a result, the market is witnessing a growing demand for software solutions that cater to various aspects of residential remodeling, from initial cost estimation to final project delivery.

The advent of Construction Data Analytics Software has further propelled the efficiency of residential remodeling estimating software. By leveraging vast amounts of data, these analytics tools provide insights that help in predicting project timelines, costs, and potential risks. This integration allows contractors and remodelers to make informed decisions, optimizing resources and improving project outcomes. As the construction industry becomes increasingly data-driven, the role of analytics software in enhancing the accuracy and reliability of estimating tools cannot be overstated. These advancements are crucial in meeting the growing demand for precise and efficient remodeling solutions.

From a regional perspective, North America currently holds the largest share of the residential remodeling estimating software market, driven by a high rate of urbanization, disposable incomes, and technological adoption. The presence of major software providers and a well-established construction industry further support market growth in this region. However, Asia Pacific is expected to exhibit the highest CAGR during the forecast period due to rapid urbanization, increasing investments in infrastructure, and the growing popularity of home renovations. Europe and Latin America also present significant growth opportunities, driven by the demand for sustainable living solutions and advanced construction technologies.

Component Analysis

The residential remodeling estimating software market is segmented by component into software and services. The software segment includes various types of estimating software solutions that offer features such as cost estimation, project management, and material takeoff. These software solutions are designed to cater to the needs of contractors, remodelers, designers, and architects, providing them with tools to streamline their workflow and improve project accuracy. The increasing demand for comprehensive and user-friendly software solutions is driving the growth of this segment. Moreover, continuous advancements in software technology, such as the integration of AI and ML, are enhancing the capab

The DIY Market Segments by Product Type (Building Materials, Paints and Coatings, Tools and Equipment, and More), by Distribution Channel (Home-Improvement / DIY Stores, Online Pure-Play Retail, and More), by Project Type (Interior Remodel, Exterior / Curb Appeal, and More) and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

This program provides funds to homeowners to repair their homes. Many of our residents have homes that are in ill-repair and not suitable for living, but they lack the funding to repair them. This program alleviates this problem, keeping people housed and reducing the burden of needing new housing in the city.Data Dictionary Field Name Field Type Field Description Case_Id Integer Unique identifier Case_Status Text Case status of the application Case_ProgramYear Date program involved in implementation of the project. ZipCode Text Geographic indicator for the residence Contact_DistrictLocation Integer The council district the property belongs to in Louisville. Contact_Neighborhood Text The neighborhood the property belongs to in Louisville. InquiryForm_1978 Text If the building was built before 1978. InquiryForm_Children Text Is the applicant having children. InquiryForm_Disabled Text Is the applicant have disable. InquiryForm_Elderly Text Is the applicant elderly. Household_Size Integer Number of individuals in the household of the applicants Household_AMIRatio Integer Area median income range Borrower_1_Ethnicity Text Ethnicity of the applicants Borrower_1_Gender Text Gender of the applicants Borrower_1_Race Text Race of the applicants Funding_ARP_AmericanRescuePlan Float Amount committed to the applicants.

The global home improvement services market size reached USD 371.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 529.4 Billion by 2033, exhibiting a growth rate (CAGR) of 3.82% during 2025-2033. The increasing need for remodeling of homes, rising adoption of smart homes, and the growing requirement for energy-efficient living spaces represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each sub-segment of the global home improvement services market report, along with forecasts at the global, regional and country level from 2025-2033. Our report has categorized the market based on type, buyers age and city type.

Cash from savings was the most common source of funding for home renovations among American homeowners in 2025. About 86 percent of millennials used savings to renovate their home, while among seniors this share was 80 percent. Another highly popular option was credit cards. Millennials were most likely to fund their home renovation project with credit card debt, with 38 percent choosing this option.

United States Remodelling Market Index (RMI): Seasonally Adjusted data was reported at 63.000 Point in Mar 2025. This records a decrease from the previous number of 68.000 Point for Dec 2024. United States Remodelling Market Index (RMI): Seasonally Adjusted data is updated quarterly, averaging 70.000 Point from Mar 2020 (Median) to Mar 2025, with 21 observations. The data reached an all-time high of 87.000 Point in Dec 2021 and a record low of 47.000 Point in Mar 2020. United States Remodelling Market Index (RMI): Seasonally Adjusted data remains active status in CEIC and is reported by National Association of Home Builders. The data is categorized under Global Database’s United States – Table US.EB: NAHB/Westlake Royal Remodeling Market Index.

Home improvement stores form a mature industry dominated by two major companies, Home Depot and Lowe's. Both companies share similar product lines, which fuels high levels of price competition. Home improvement stores serve various markets, including do-it-for-me (DIFM), do-it-yourself (DIY) and professional customers. The most prominent influence on the performance of stores is activity in the residential market. Starting in 2021, spikes in inflation have cut consumers' spending power, while rising interest rates have constrained residential construction spending. While inflation has been tempered, the recent tariff announcements by the Trump administration remain a threat to product prices. Revenue for home improvement stores is expected to swell at a CAGR of 1.7% to $292.8 billion through the end of 2025, including growth of 1.9% in 2025 alone. The residential market boomed in 2020 as consumers stayed inside, resulting in more consumers with time to spend looking at new homes. Sales of home appliances, lumber, tools, hardware and lawn equipment were boosted. However, mounting inflationary pressure in 2022 led the Federal Reserve to raise interest rates. Since home improvement stores are tied to residential sector growth, rising interest rates cut housing sales that year, leading to faltering revenue. Since the pandemic, exploding e-commerce sales have been a boon for the industry. Home improvement stores will continue to improve their online platforms to strengthen sales in the coming years. Growing economic uncertainty has lifted sales of DIY products while limiting profit growth. Moving forward, interest rates are expected to drop, benefiting home improvement stores. Tariffs could result in higher interest rates, potentially upending the industry. Still, consumer spending power will remain relatively low, suppressing residential activity. Although residential activity is expected to slow, rising disposable income will boost spending on appliances and gardening equipment. There will be a trend of consumers opting for smaller appliances and upgrades rather than making significant investments in new construction or renovations. Home improvement store revenue is expected to climb at a CAGR of 2.1% to $325.3 billion through the end of 2030. The growing efficiency of online operations will cause profit to swell.

The Home Remodeling market has emerged as a dynamic sector within the broader construction industry, driven by a growing demand for personalized living spaces and the need for efficient home maintenance. In recent years, the market has witnessed significant growth, buoyed by an increase in disposable incomes, changi

Find out what’s driving the Home Remodeling Market—size, share, and growth outlook with forward-looking data to 2034.