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 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).

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 DIY Home Improvement market has witnessed significant growth in recent years, emerging as a vital sector within the broader home construction and renovation industry. With an estimated market size of over $450 billion in 2023, this sector is driven by rising consumer interest in personalized spaces and the incre

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%.

This statistic shows the top home improvement challenges faced by homeowners in the United States in 2019. In 2019, 37 percent of respondents stated that they found the ability to pay for what they wanted to do to be the greatest challenge of home improvement.

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

Interior painting was the most popular home improvement prokect in the United States in 2020. Roughly ** percent of consumers painted their indoor walls. Other popular projects included bathroom remodeling and installing new flooring.

Market Size statistics on the Home Improvement Stores industry in Canada

Home Renovation Incentive (HRI) statistics 2013-2020

This statistic shows the e-commerce sales of the home improvement industry in the United States in 2013. In that year, the U.S. home improvement industry generated 27 billion U.S. dollars of its 300+ billion U.S. dollar industry from short-term online sales.

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

Financial overview and grant giving statistics of Home Improvement Research Institute

Financial overview and grant giving statistics of Community Home Improvement Services Inc

Among the key retailers competing within the home improvement and do it yourself (DIY) industry in the United States, Menards was the most satisfying home improvement retail store for customers. The company scored *** out of 1,000 customer satisfaction points in 2023. Home improvement retail in the United States The U.S. home improvement industry has witnessed steady sales growth over the past years, and this trend is expected to continue in the coming years. The value of improvements and repair expenditure by U.S. homeowners also highlights the fact that people are putting substantial sums of money into home repair, home improvement, and remodeling projects. Major players Apart from Ace Hardware, The Home Depot, Lowe’s, and Menards are other big names in home improvement retail market in the United States. The Home Depot and Lowe’s dominate the U.S. market, with retail sales dwarfing those of Ace Hardware and Menards. On the other hand, Ace Hardware was the market leader in terms of number of hardware and home improvement retail stores in operation in the country.

The Remodeling Estimating Software market has emerged as a pivotal component in the construction and home improvement industry, revolutionizing the way contractors and builders manage project costs and bids. This specialized software streamlines the estimation process, enabling users to create precise, detailed quot

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.

Home improvement industry sales reached approximately **** billion Canadian dollars in 2023. This was an increase in comparison to the figure in 2022. Canada is home to many home improvement retailers, with the largest number of stores located in Ontario. Competition for sales When it came to retailers in 2023, Home Depot was the industry leader in terms of annual sales. That year, Home Depot Canada brought in approximately **** billion Canadian dollars in sales. Home Hardware Stores and RONA followed in second and third place, with sales of *** and *** billion Canadian dollars respectively. Nationwide and global success There were a total of *** Home Depot stores in Canada in 2024. That same year, Home Depot had over *** billion customer transactions worldwide, more than double the number of customer transactions of its global competitor, Lowes.

The light source extension cord market has emerged as an essential segment within the broader electrical accessories industry, catering to a diverse range of applications from home improvement projects to commercial and industrial setups. These versatile extension cords empower users by providing additional reach fo