In 2020, African American consumers accounted for nearly **** percent of spending at Home Depot, while Hispanic represented **** percent. Meanwhile, White consumers accounted for nearly ** percent of the company's consumer spending share.
In 2024, Home Depot reached almost *** billion U.S. dollars in revenue worldwide, the highest ever in the company's history. This represents an increase of roughly four percent in comparison to the previous year. Fiscal year 2024 ended February 2, 2025 (includes 53 weeks). Consumers and The Home Depot With a satisfaction mark of *** out of 1,000 points, The Home Depot is a favorite among U.S. consumers for their home improvement needs. Out of their various product categories, the appliances section seemed to be the most popular, as it garnered the highest number of sales at ** billion U.S. dollars in 2024. The Home Depot’s online presence The Home Depot’s web store is among the leading furniture and homeware stores in the United States, just behind Walmart and Amazon. In 2024, the home improvement giant reached online net sales of nearly **** billion U.S. dollars. The Home Depot also ranks among the top online stores for vehicle parts in the States, with net sales of *** million U.S. dollars.
How high is the brand awareness of The Home Depot in the United States?When it comes to DIY and garden online shop users, brand awareness of The Home Depot is at **% in the United States. The survey was conducted using the concept of aided brand recognition, showing respondents both the brand's logo and the written brand name.How popular is The Home Depot in the United States?In total, **% of U.S. DIY and garden online shop users say they like The Home Depot. However, in actuality, among the **% of U.S. respondents who know The Home Depot, **% of people like the brand.What is the usage share of The Home Depot in the United States?All in all, **% of DIY and garden online shop users in the United States use The Home Depot. That means, of the **% who know the brand, **% use them.How loyal are the customers of The Home Depot?Around **% of DIY and garden online shop users in the United States say they are likely to use The Home Depot again. Set in relation to the **% usage share of the brand, this means that **% of their customers show loyalty to the brand.What's the buzz around The Home Depot in the United States?In July 2022, about **% of U.S. DIY and garden online shop users had heard about The Home Depot in the media, on social media, or in advertising over the past three months. Of the **% who know the brand, that's **%, meaning at the time of the survey there's some buzz around The Home Depot in the United States.If you want to compare brands, do deep-dives by survey items of your choice, filter by total online population or users of a certain brand, or drill down on your very own hand-tailored target groups, our Consumer Insights Brand KPI survey has you covered.
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The Home Depot, Inc. operates as a home improvement retailer. It operates The Home Depot stores that sell various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products The company also offers installation services for flooring, cabinets and cabinet makeovers, countertops, furnaces and central air systems, and windows. In addition, it provides tool and equipment rental services. The company primarily serves homeowners; and professional renovators/remodelers, general contractors, maintenance professionals, handymen, property managers, building service contractors, and specialty tradesmen, such as electricians, plumbers, and painters. It also sells its products through websites, including homedepot.com; blinds.com, an online site for custom window coverings; and thecompanystore.com, an online site for textiles and décor products. As of December 31, 2021, the company operated 2,317 stores in the United States. The Home Depot, Inc. was incorporated in 1978 and is based in Atlanta, Georgia.
As of 2024, Lowe's and its related businesses operated nearly ***** stores around the world. In that year, the average amount spent by consumers amounted to about *** U.S. dollars, around ** U.S. dollars more than the average spent in the Home Depot. How does Lowe’s compare to its competitors? As of 2024, Lowe’s was the ***** runner-up in terms of customer satisfaction alongside Menards, The Home Depot, and Ace Hardware, the leading improvement store chains in the United States. In 2023, The Home Depot was the leading hardware and home improvement retail chain in the United States in terms of sales. Lowe’s took ****** place on this listing, putting it ahead of companies such as Ace Hardware and Menards. Home improvement retail in the U.S. In recent years, the U.S. home improvement industry has witnessed steady growth, and the trend is expected to continue in the near future. According to one forecast, homeowner improvements and repair expenditures are expected to reach roughly *** billion U.S. dollars in the fourth quarter of 2025.
In 2024, appliance sales held the largest share of The Home Depot's net sales, at an *** percent share. Power and building materials also accounted for a significant share of the net sales, at around eight percent. At just above *** percent, lighting accounted for the smallest share of the sales.
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On analysis of the Outdoor Furniture Market, it was observed that Global will post the highest growth among all the regions. This conclusion was made after through examination of the growth prospects of the market across several regions including North America, APAC, Europe, South America, and MEA.
The outdoor furniture market report also provides several other key information including:
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will drive outdoor furniture market growth during the next five years
Precise estimation of the outdoor furniture market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the outdoor furniture market industry across North America, APAC, Europe, South America, and MEA
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of outdoor furniture market vendors
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Upon thorough outdoor furniture market analysis and research, the following factors has been identified as the critical market trends during the forecast period 2021-2025:
The outdoor furniture market report also provides several other key information including:
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will drive outdoor furniture market growth during the next five years
Precise estimation of the outdoor furniture market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the outdoor furniture market industry across North America, APAC, Europe, South America, and MEA
A thorough analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of outdoor furniture market vendors
How high is the brand awareness of The Home Depot in the United States?When it comes to furniture online shop users, brand awareness of The Home Depot is at ** percent in the United States. The survey was conducted using the concept of aided brand recognition, showing respondents both the brand's logo and the written brand name.How popular is The Home Depot in the United States?In total, ** percent of U.S. furniture online shop users say they like The Home Depot. However, in actuality, among the ** percent of U.S. respondents who know The Home Depot, ** percent of people like the brand.What is the usage share of The Home Depot in the United States?All in all, ** percent of furniture online shop users in the United States use The Home Depot. That means, of the ** percent who know the brand, ** percent use them.How loyal are the customers of The Home Depot?Around ** percent of furniture online shop users in the United States say they are likely to use The Home Depot again. Set in relation to the ** percent usage share of the brand, this means that ** percent of their customers show loyalty to the brand.What's the buzz around The Home Depot in the United States?In September 2023, about ** percent of U.S. furniture online shop users had heard about The Home Depot in the media, on social media, or in advertising over the past three months. Of the ** percent who know the brand, that's ** percent, meaning at the time of the survey there's some buzz around The Home Depot in the United States.If you want to compare brands, do deep-dives by survey items of your choice, filter by total online population or users of a certain brand, or drill down on your very own hand-tailored target groups, our Consumer Insights Brand KPI survey has you covered.
Financial overview and grant giving statistics of Thdf Ii Inc
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 760.2(USD Billion) |
MARKET SIZE 2024 | 788.86(USD Billion) |
MARKET SIZE 2032 | 1060.4(USD Billion) |
SEGMENTS COVERED | Retail Channel, Product Category, Customer Demographics, Shopping Behavior, Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | e-commerce growth, consumer behavior shifts, supply chain disruptions, sustainability focus, technology integration |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | CVS Health, Macy's, TJX Companies, Amazon, Walgreens Boots Alliance, Best Buy, Kroger, Nordstrom, Target, The Home Depot, Ross Stores, Aldi, Lowe's, Costco Wholesale, Walmart |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | E-commerce expansion, Personalized shopping experiences, Sustainable product offerings, Technology integration in retail, Omnichannel retail strategies |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 3.77% (2025 - 2032) |
In 2024, Home Depot’s appliances product category generated global sales of ** billion U.S. dollars. Meanwhile, the company’s lighting net sales amounted to roughly *** billion U.S. dollars. Headquartered in Georgia, United States, The Home Depot, Inc. is the largest home improvement corporation in the United States. Home improvement and hardware stores With almost ***** retail stores, Ace Hardware had the highest number of home improvement outlets located in the United States in 2023. The Home Depot accounted for less than half that number. In terms of customer satisfaction, Menards took the lead with *** out of 1,000 points, as reflected in a 2024 survey. The Home Depot earned a score of ***, just below industry average. Home improvement projects Among the main reasons for kitchen and bathroom renovations in the U.S. was the fact that people were no longer happy with the appearance of their previous kitchens/bathrooms. According to a surveys conducted in July 2024, ** percent wanted to renovated their kitchens for that reason, and ** percent wanted to spruce up their bathrooms.
Home Depot had a total of ***** stores in operation throughout the United States as of the end of the fiscal year 2024. The home improvement and DIY retailer also operates stores in Canada and Mexico and had a total of ***** stores worldwide in that same year. Home improvement retail in the United States Home Depot is one of the best-known and valuable retail brands in the United States. Home Depot operates within the U.S. home improvement industry, which has witnessed steady sales growth over the past years, with this trend expected to continue in the coming years. This trend shows that home owners are putting substantial sums of money into home repair, home improvement, and remodeling projects. Home Depot As of 2024, Home Depot was the leading hardware and home improvement retailer in the United States, with U.S. retail sales of around *** billion U.S. dollars. The company's product categories include building materials, appliances, tools, and hardware, among others. Lowe’s, Ace Hardware, and Menards are Home Depots’ main competitors in the United States.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 822.6(USD Billion) |
MARKET SIZE 2024 | 859.62(USD Billion) |
MARKET SIZE 2032 | 1221.9(USD Billion) |
SEGMENTS COVERED | Appliance Type ,Distribution Channel ,Product Level ,Consumer Demographics ,Application ,Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Rise of ecommerce Growing demand for smart appliances Increasing disposable income Urbanization Changing consumer preferences |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | Home Depot ,Costco ,Amazon ,RentACenter ,Wayfair ,hhgregg ,Best Buy ,Sears Hometown and Outlet Stores ,Conn's HomePlus ,Lowe's ,Target ,The Home Depot ,Appliances Connection ,Walmart |
MARKET FORECAST PERIOD | 2024 - 2032 |
KEY MARKET OPPORTUNITIES | 1 Smart home appliance integration 2 Personalized customer experience 3 Ecommerce growth 4 Emerging markets expansion 5 Sustainable offerings |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 4.5% (2024 - 2032) |
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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.
In 2024, the Home Depot had over *** billion customer transactions worldwide, a slight increase in comparison to the previous year. That same year, the company operated over ***** stores worldwide.
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The private household services market is experiencing robust growth, driven by increasing disposable incomes, busy lifestyles, and a rising demand for convenience and time-saving solutions. The market, encompassing services like cleaning, handyman work, gardening, and pet care, is projected to maintain a significant Compound Annual Growth Rate (CAGR) throughout the forecast period (2025-2033). Technological advancements, such as online platforms connecting service providers with consumers, are fueling market expansion. Furthermore, the increasing adoption of subscription-based models and the emergence of specialized services catering to niche needs contribute to market dynamism. Competition is intense, with established players like Amazon and Home Depot alongside numerous smaller, specialized companies vying for market share. Geographic variations in market size and growth rates are expected, with regions exhibiting higher disposable incomes and a greater adoption of technology demonstrating faster expansion. Factors such as economic downturns and fluctuations in labor costs could potentially restrain market growth, but the overall trend points towards continued expansion. While the exact market size figures are unavailable, considering a reasonable CAGR of 10% and a 2025 market size in the billions (a conservative estimate considering the scope of the services included), the private household services market is expected to reach substantial values by 2033. This growth is likely to be unevenly distributed across segments. For example, the demand for cleaning and handyman services might grow more rapidly than specialized services like pet sitting, reflecting changing lifestyles and demographics. Effective strategies for companies in this sector will involve leveraging technology, building strong brand loyalty, and adapting to evolving consumer preferences regarding on-demand services.
The price of The Home Depot shares traded on the New York Stock Exchange (NYSE) saw some fluctuations, but increased overall since 2010. In December 2021, the price per share peaked at 415.01 U.S. dollars. The price of The Home Depot shares has fluctuated and reached almost 412 dollars at the end of January 2025.
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The US outdoor furniture market, a significant segment of the broader global market valued at $71.68 billion in 2025 (as per the provided global data), is experiencing robust growth driven by several key factors. The increasing popularity of outdoor living spaces, fueled by factors such as the rise of staycations and remote work, is a primary driver. Consumers are investing more in creating comfortable and aesthetically pleasing outdoor environments for relaxation, entertainment, and dining. This trend is further supported by rising disposable incomes in certain demographics and a growing preference for eco-friendly and sustainable outdoor furniture materials. Technological advancements in furniture design and manufacturing are also contributing to growth, with innovations in materials, durability, and weather resistance leading to higher-quality and longer-lasting products. The market is segmented into outdoor furniture and accessories, outdoor grills and accessories, and patio heating products, each contributing to overall market expansion. Competitive landscape analysis reveals intense rivalry among established players like Home Depot, Wayfair, and smaller specialized brands, leading to product diversification and strategic marketing initiatives. The US market, while lacking precise figures in the provided data, likely accounts for a substantial portion of the global market given its size and consumer spending habits. Considering the 3.26% CAGR for the global market and the influence of factors mentioned above, we can reasonably infer a significant growth trajectory for the US sector. Market segmentation within the US likely mirrors the global trends, with outdoor furniture and accessories holding the largest share, followed by grills and patio heating products. The presence of major retail giants and specialized brands in the US points to a highly competitive landscape, characterized by intense price competition and a constant need for innovation to maintain market share. Future growth will likely depend on continued economic stability, the adoption of innovative designs and materials, and successful marketing strategies targeting the evolving preferences of US consumers.
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The global toilet installation and repair services market is experiencing robust growth, driven by increasing urbanization, rising disposable incomes, and a growing preference for modern and efficient sanitation systems. The market, estimated at $15 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 5% from 2025 to 2033. This growth is fueled by several key factors, including the increasing demand for new toilet installations in newly constructed residential and commercial buildings, alongside the rising need for repairs and maintenance of existing toilet systems in aging infrastructure. Furthermore, the increasing adoption of smart toilets and water-saving technologies is significantly contributing to market expansion. The residential segment holds a larger market share compared to the commercial segment, owing to the higher number of households globally requiring toilet installation and repair services. Key players in the market, such as Lowe's, Home Depot, and independent contractors, are constantly innovating and expanding their service offerings to cater to this growing demand. Regional variations exist, with North America and Europe currently holding significant market shares due to high levels of infrastructure development and consumer spending. However, emerging economies in Asia-Pacific are demonstrating significant growth potential, presenting lucrative opportunities for market expansion in the coming years. The market segmentation reveals distinct opportunities within the installation and repair sectors. Installation services are strongly linked to new construction and renovation projects, making them particularly sensitive to economic fluctuations. Repair services, conversely, demonstrate more consistent demand, driven by the inevitable wear and tear of toilet systems over time. The commercial sector presents a stable and potentially high-value segment, driven by larger-scale projects such as office buildings, hotels, and public facilities. As the global population continues to grow and urban centers expand, the demand for skilled professionals in toilet installation and repair is expected to remain strong. The market is likely to see further consolidation as larger companies acquire smaller independent operators, leading to increased standardization and efficiency in service delivery.
In 2020, African American consumers accounted for nearly **** percent of spending at Home Depot, while Hispanic represented **** percent. Meanwhile, White consumers accounted for nearly ** percent of the company's consumer spending share.