Tools and hardware: power tools, hand tools, accessoriesBuilding materials: lumber, cement, drywallHome décor: lighting, furniture, window treatmentsAppliances and fixtures: refrigerators, stoves, toiletsSmart home products: security systems, smart speakers, thermostats Recent developments include: March 2024: Kingfisher will announce the opening of a home improvement e-commerce platform at Castorama France, marking the next step in the rapid expansion of its marketplace offering. The launch follows the success and rapid growth of Kingfisher's marketplaces at B&Q in the United Kingdom, Brico Dépôt in Spain and Portugal, and the Koçtaş joint venture in Turkey. Castorama France will launch more than 500,000 new products from verified third-party merchants through its e-commerce channels. All third-party merchants will be chosen by Castorama specialists and subjected to a rigorous verification procedure to ensure they fulfill Castorama's quality and ethical requirements., October 2023: MarketBlast® announces the launch of a global product innovation search in the thriving home improvement sector. The hunt will encompass innovation in tools, hardware, DIY, and home improvement, as well as manufacturers and distributors who are actively seeking new and inventive items. The National Hardware Show is the hunt's primary sponsor, as it is the only industry event that brings together the complete home improvement community, including corporations looking for new and inventive items to expand their brands., February 2022: Home improvement firm Lowe's Companies Inc. of America has partnered with online grocery delivery service Instacart in North America to offer same-day home improvement goods delivery., November 2021: Block Renovation, a US-based digital platform for house remodeling, has revealed that Softbank Vision Fund 2 lead a USD 50 million Series C investment round., June 2020: With the introduction of Lowe's for Pros JobSIGHT powered by Streem, an enhanced video chat service that enables Pros to conduct virtual home visits with customers, Lowe's unveils the first phase of its previously announced USD 25 million commitment to support small businesses in an effort to help keep Pros working. Keeping homes operating safely is more crucial than ever since more people are choosing to stay at home.. Notable trends are: Increasing demand for memory foam is driving the market growth.

In 2022, the home improvement market in North America generated the highest revenue worldwide, amounting to nearly *** billion euros. It was followed by the APAC home improvement market with a revenue of about *** billion euros.

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%.

In 2022, the home improvement market in Indonesia was valued at approximately *** billion euros, indicating a significant growth from the previous year. Ace Hardware was the leading DIY company in Indonesia in that year.

United States Home Improvement Market has valued at USD 448.08 billion in 2022 and is anticipated to project robust growth.

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 size of the Sweden DIY Home Improvement Industry market was valued at USD 14.88 Million in 2023 and is projected to reach USD 20.48 Million by 2032, with an expected CAGR of 4.67% during the forecast period. In Sweden, minimalist designs and the passion for sustainability are quite rife; thus, the culture of home improvement through DIY became even more popular. The term DIY is short for "Do It Yourself," meaning that people do improvements or repairs to homes without professional aid. Of late, it has become very trendy in Sweden due to a variety of different factors. First, most Swedes take pride in their house and view DIY as a means of self-expression towards making their homes personal. As discussed above, most of the householders in the Scandinavian region are inspired by the simple lines, using natural materials, and functional usage that enables them to start a DIY project. Thirdly, for a person living in Sweden to stay in that country can be very expensive, so opting for a home renovation project free of charge becomes an option in DIY. When people take up projects individually, they avoid labor costs and can even reap desired results at much lower costs. Swedish government has also endorsed this campaign through sorts of initiatives coming in form of tax breaks for home improvement and shifting to green building. All this has contributed to the Do-It-Yourself market and fueled a culture of self-reliance and resourcefulness among Swedish home owners. Recent developments include: November 2023: Bauhaus is expanding to the north of Sweden, by opening new stores in Vaxjo and Umea (2022) and now Karlstad-Valsviken in the center Swedish province of Värmland., July 2022: With the opening of IKEA City in Gallerian, the company's first city shop in Sweden, IKEA became even more accessible to Stockholm residents.. Key drivers for this market are: Increasing Interest in Home Renovation and Personalization. Potential restraints include: Lack of Expertise and Skills. Notable trends are: Increasing Number of DIY Retail Stores in Sweden.

Croatia had the fastest-growing home improvement market in Central and Eastern Europe (CEE) in 2022. Over the course of that year, the market size in Croatia increased by almost ** percent. The country's DIY segment, which includes DIY and hardware stores, grew by approximately ** percent. In contrast, Ukraine's home improvement market recorded a 51-percent decline in sales due to the Russia-Ukraine war.

In 2022, the size of China's home improvement market amounted to nearly *** billion euros. This showcased a slight decrease from the previous year.

Global Home Improvement Market Report 2022 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2022-2028. The report may be the best of what is a geographic area which expands the competitive landscape and industry perspective of the market.

In 2024, home improvement sales in the United States amounted to around ***** billion U.S. dollars. By 2028, this amount is expected to reach almost *** billion U.S. dollars. Home improvement chains With sales close the *** billion U.S. dollar mark, The Home Depot was the leading home improvement chain in the United States in 2023. Other large chains in the industry included Lowe’s (Home Depot’s main competitor), Sherwin-Williams, Tractor Supply, and Menards that year. In terms of customer satisfaction however, The Home Depot ranked fourth in 2024, while Menards received the highest ratings. The Home Depot Home Depot is the largest home improvement retail store in the United States. The company was founded in Atlanta, Georgia in 1978. When visiting one of their stores, consumers would typically spend an average of ***** U.S. dollars in 2024. Lowe’s customers, on the other hand, spent about ****** U.S. dollars per visit.

The Netherlands DIY Home Improvement Market is a growing market, with a market size of XX million in 2025. The market is expected to grow at a CAGR of XX% from 2025 to 2033, reaching a market size of XX million by 2033. The growth of the market is being driven by several factors, including the increasing popularity of DIY projects, the rising demand for home improvement products, and the growing number of homeowners. Some of the key trends in the Netherlands DIY Home Improvement Market include the increasing popularity of smart home products, the growing demand for sustainable products, and the rise of online shopping. The market is also being restrained by factors such as the rising cost of materials and the shortage of skilled labor. The market is segmented into different product categories, including tools, hardware, building materials, and home décor. The largest segment of the market is tools, which accounted for XX% of the market in 2025. The Netherlands DIY Home Improvement Market is a competitive market, with several major players. Some of the key companies in the market include Grohe, Vorwerk, Philips, Dyson, STIHL, Miele, Electrolux, Bissell, Whirlpool, IKEA, and Geberit. Recent developments include: In 2022, Miele Launches new smart home products designed to boost health and efficiency. Such as devices that monitor air quality in the home, but also alert blood pressure or other vitals are off-kilter., In 2021, Dyson offers two high-end humidifiers that eliminate pollutants from the air in the homes. Dyson humidifiers can filter out toxins in the air like smoke and mold. Plus, they can create a cool breeze to help the clean and moist air circulate in space.. Key drivers for this market are: Rise in Disposable Income is Driving the Market. Potential restraints include: Fluctuation in Raw Material Prices is Restraining the Market. Notable trends are: DIY Purchases made on an online platform and in stores.

In 2022, direct sales made up nearly ** percent of China's home improvement market. In comparison, retail sales had a market share of merely ** percent that year.

Global Home Improvement Franchise Market Report 2022 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2022-2028. The report may be the best of what is a geographic area which expands the competitive landscape and industry perspective of the market.

The size of the Vietnam DIY Home Improvement Market market was valued at USD 12.8 Million in 2023 and is projected to reach USD 17.8 Million by 2032, with an expected CAGR of 5.00">> 5.00% during the forecast period. The Vietnam DIY refers to home improvement products and tools used in improving or remodeling one’s house or home that involves personal effort. Products in this market can be as diverse as paints, floorings, furniture and hardware as well as decorative items. Some of the commonplaces these products are used for painting walls, putting up new fixtures or even redecorating rooms. The market is gradually focused on adopting products and services that provide customized and affordable solutions to homeowners’ improvements. Some of these trends include increased use of internet purchasing, the use of the green product and fabrics with increased consciousness in environmental factors, and the increased interest in DIY projects as seen in the use of home makeover programs in television and social media. Furthermore, by local and global companies, home improvement products are appearing in more and more remote areas to address a wide variety of home improvement needs. Recent developments include: In September 2022, the Japan-based DIY retailer Kohnan Japan Long Bien opened its 10th store in the Aeon Mall in Hanoi City, Vietnam. The store provides products such as outdoor goods, miscellaneous indoor goods, and tableware. Kohnan also has its own brands - Southernport and Lifelex. It is planning to manufacture unique products in collaboration with local Vietnamese companies., In November 2021, Andersen Corporation, the manufacturer of America's most-loved brand of windows and doors. Andersen published its first Environmental Product Declaration (EPD) for the Andersen E-Series casement/awning, double-hung, gliding, and picture windows.. Key drivers for this market are: Increasing Residential and bedroom spaces driving the market, Rising Personal Consumer Consumption expenditure. Potential restraints include: Rising demand for Mattress Bases are limited to the young generation age., Negative impact of Supply chain disruption and Inflation on the market post covid. Notable trends are: Increasing Focus on Online Retailing of DIY Products is Driving the Market in Vietnam.

Germany DIY Home Improvement Market Analysis The German DIY home improvement market is estimated to be valued at XX million in 2023 and is projected to grow at a CAGR of 4.00% from 2023 to 2033. The market growth is primarily driven by the rising trend of homeownership, increasing disposable income, and the growing popularity of home improvement projects. Additionally, the increasing urbanization and the aging population, leading to a higher demand for home repair and maintenance services, further contribute to market expansion. Key drivers of the German DIY home improvement market include the growing popularity of online shopping, which provides convenience and a wider selection of products. Other trends include the increasing adoption of smart home technologies and environmentally friendly products. However, challenges such as intense competition, rising raw material costs, and skilled labor shortages may hinder market growth. The market is highly fragmented, with major players such as Hellweg Baumarkt, Obi, Bauhaus, and Hornbach holding a significant market share. DIY home improvement stores remain the dominant distribution channel in Germany, but online retailers are gaining traction. Germany DIY Home Improvement Market The German DIY home improvement market is a highly fragmented and competitive landscape, with numerous players vying for market share. The market is characterized by its strong growth potential, driven by rising consumer spending, increasing urbanization, and a growing trend towards home improvement and renovation projects. Recent developments include: In February 2022 , Hornbach has invested new logistics center for lengthy and bulky goods intending to launch its operations in order to expand its supplying power across Germany., In October 2021 , Obi has set up its own innovation hub within the corporate group as "a new unit of Obi next". The hub is called Squared . It was set up to increase the volume of production.. Key drivers for this market are: Increasing Demand for Comfort and Convenience, Growing Awareness of Energy Efficiency. Potential restraints include: Seasonal Demand Fluctuations, Safety Concerns Related to Overheating or Electrical Malfunctions. Notable trends are: DIY Home Improvement Becoming a Better Option During Spare Time.

The worldwide home improvement market was valued at *** billion U.S. dollars in 2020. With a compound annual growth rate (CAGR) of more than **** percent, the home improvement market value was expected to surpass the ******** dollar mark by 2027.

In 2022, the home improvement market in the United States generated the highest revenue in the world, amounting to over *** billion euros. It was followed by China with a turnover of around ***** billion euros.

The United States home construction market, valued at approximately $700 billion in 2025, is experiencing robust growth, projected to maintain a compound annual growth rate (CAGR) exceeding 3% through 2033. This expansion is fueled by several key factors. Firstly, a persistent housing shortage, particularly in desirable urban areas like New York City, Los Angeles, and San Francisco, continues to drive demand. Secondly, favorable demographic trends, including millennial household formation and an increasing preference for homeownership, are bolstering the sector. Furthermore, low interest rates (though this is subject to change depending on economic conditions) have historically made mortgages more accessible, stimulating construction activity. However, the market isn't without its challenges. Rising material costs, labor shortages, and supply chain disruptions continue to exert upward pressure on construction prices, potentially impacting affordability and slowing growth in certain segments. The market is segmented by dwelling type (apartments & condominiums, villas, other), construction type (new construction, renovation), and geographic location, with significant activity concentrated in major metropolitan areas. The dominance of large national builders like D.R. Horton, Lennar Corp, and PulteGroup highlights the industry's consolidation trend, while the growth of multi-family construction reflects shifting urban preferences. Looking ahead, the market's trajectory will depend on macroeconomic factors, interest rate fluctuations, government policies impacting housing affordability, and the ability of the industry to address supply-chain and labor challenges. Innovation in construction technologies, sustainable building practices, and prefabricated homes are also emerging trends expected to significantly influence market dynamics over the forecast period. The competitive landscape is characterized by a mix of large publicly traded companies and smaller regional builders. While established players dominate the market share, opportunities exist for smaller firms specializing in niche markets, such as sustainable or luxury home construction, or those focused on specific geographic areas. The ongoing expansion of the market signifies significant potential for investment and growth, despite the hurdles currently impacting the sector. Addressing supply chain disruptions and labor shortages will be crucial for sustained growth. Continued demand in key urban centers and evolving consumer preferences toward specific dwelling types will be critical factors determining the market's future trajectory. Recent developments include: June 2022 - Pulte Homes - a national brand of PulteGroup, Inc. - announced the opening of its newest Boston-area community, Woodland Hill. Offering 46 new construction single-family homes in the charming town of Grafton, the community is conveniently located near schools, dining, and entertainment, with the Massachusetts Bay Transportation Authority commuter rail less than a mile away. The collection of home designs at Woodland Hill includes three two-story floor plans, ranging in size from 3,013 to 4,019 sq. ft. with four to six bedrooms, 2.5-3.5 baths, and 2-3 car garages. These spacious home designs feature flexible living spaces, plenty of natural light, gas fireplaces, and the signature Pulte Planning Center®, a unique multi-use workstation perfect for homework or a family office., December 2022 - D.R. Horton, Inc. announced the acquisition of Riggins Custom Homes, one of the largest builders in Northwest Arkansas. The homebuilding assets of Riggins Custom Homes and related entities (Riggins) acquired include approximately 3,000 lots, 170 homes in inventory, and 173 homes in the sales order backlog. For the trailing twelve months ended November 30, 2022, Riggins closed 153 homes (USD 48 million in revenue) with an average home size of approximately 1,925 square feet and an average sales price of USD 313,600. D.R. Horton expects to pay approximately USD 107 million in cash for the purchase, and the Company plans to combine the Riggins operations with the current D.R. Horton platform in Northwest Arkansas.. Notable trends are: High-interest Rates are Negatively Impacting the Market.

Recent developments include: In May 2023, Renuity acquired Pacific Bath Company to offer walk-in bath, shower, and gutter products across the Pacific Northwest. This development added Pacific Bath Company to the existing extensive remodel list of Renuity in Florida. , In January 2023, A Groundworks Company opened its new Alpha Foundations office in Tampa, Florida in the U.S. With this development, A Groundworks Company plans to offer foundation and crawl space repair solutions to customers across Florida. , In October 2022, Renovo Home Partners acquired Minnesota Rusco. In addition to replacing windows, doors, and siding under its Minnesota Rusco brand, the company also specializes in bathroom remodeling and tub-to-shower conversions under the Minnesota shower and bath brand and kitchen remodeling under the Rusco kitchen remodeling (RKR). .