This statistic shows the average home improvement expenditure per owner in the United States from 1995 to 2015 with forecasts for 2020 and 2025. Homeowners spent on average ***** U.S. dollars on home improvements in 2015 and were projected to spend ***** U.S. dollars in 2025.

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.

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).

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.

Market Size statistics on the Home Improvement Stores industry in the US

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 Sweden DIY Home Improvement Market Segmented by Product Type (Lumber & Landscape Management, Decor & Indoor Garden, and More), by Distribution Channel (DIY Home-Improvement Stores, Specialty Stores, and More), by Project Type (Aesthetic Upgrades, Energy-Efficiency Retrofits, and More), by End-User (Owner-Occupied Houses, Owner-Occupied Apartments, and More). The Market Forecasts are Provided in Terms of Value (USD).

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.

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.

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.

Financial overview and grant giving statistics of Self-Help Home Improvement Project Inc.

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

Vietnam home improvement market size reached USD 1,485.2 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,857.3 Million by 2033, exhibiting a growth rate (CAGR) of 2.52% during 2025-2033. The rising availability of skilled labor and contractors specializing in various home improvement services, favorable government initiatives, favorable government initiatives promoting housing and property development and escalating demand for renovation and enhancement represent some of the key factors driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on project and type.

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Home Renovation Incentive statistics. Published by Revenue Commissioners. Available under the license Creative Commons Attribution 4.0 (CC-BY-4.0).Home Renovation Incentive (HRI) statistics 2013-2020...

Comprehensive dataset of 30,726 Home improvement stores in United States as of August, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

In 2021, most U.S. buyers shopping for home improvement projects at building materials and supplies retailers did their project-related purchases as needed, instead of all at once. According to the survey, over ** percent of shoppers still usually bought the products needed for their home improvement projects all at once.

The Allegheny Home Improvement Loan Program (AHILP) is the most affordable way for eligible Allegheny County residents to rehabilitate and improve their homes. AHILP provides low interest home improvement loans to qualified owner occupiers. The program is administered by the Redevelopment Authority of Allegheny County (RAAC). This dataset contains quarterly loan amounts by municipality.

Comprehensive dataset of 1,164 Home improvement stores in Illinois, United States as of August, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Comprehensive dataset of 698 Home improvement stores in Wisconsin, United States as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.