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.

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.

Residential renovation expenditure in Canada represents total real spending by homeowners on improvements, upgrades, repairs, and modifications to existing housing stock, measured in billions of constant 2017 chained Canadian dollars. This metric captures investment in projects ranging from minor cosmetic updates to major structural remodeling across single-family homes, townhouses, and multi-unit residential buildings. Data is sourced from Statistics Canada's capital formation statistics and adjusted for inflation to reflect actual volume changes rather than price effects.

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.

Global home improvement market size was valued USD 340.81 billion in 2024 and is expected to rise to USD 490.13 billion by 2034 at a CAGR of 4%.

This driver measures private spending on home improvements, upgrades and repairs. This type of spending is a component of the value of residential construction, more formally known as private investment in residential structures. The data for this driver is sourced from the Bureau of Economic Analysis and is presented in chained 2017 dollars.

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.

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.

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.

The DIY Home Improvement 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).

The Global DIY Home Renovation Apps Market Size Was Worth USD 364.30 Billion in 2023 and Is Expected To Reach USD 643.19 Billion by 2032, CAGR of 6.52%.

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.

Germany DIY Home Improvement Market was valued at USD 46.2 Billion in 2024 and is projected to reach USD 58.7 Billion by 2032, growing at a CAGR of 3.1% from 2026 to 2032.Key Market DriversIncreasing Consumer Interest in Home Renovations: The rising trend of home ownership, along with a desire for personalized living spaces, has spurred the expansion of the DIY home remodeling market. According to the German Federal Statistical Office, the homeownership rate in Germany is constantly increasing, with more than 43% of Germans owning their homes by 2021. As more people invest in home improvement projects, the demand for DIY tools, materials, and remodeling items increases.Surge in Home Improvement Spending Due to the Pandemic: The COVID-19 epidemic had a profound impact on consumer behavior, as many people spent more time at home and invested in their living spaces. The German DIY Retail Association (BHB) reports that DIY retail sales in Germany climbed by 7.7% in 2020, as more consumers turned to home renovation projects during lockdowns.

This dataset provides detailed records of residential properties, including renovation history, sale transactions, and agent involvement, enabling robust analysis of how specific renovations affect home values and marketability. It is ideal for homeowners, agents, and analysts seeking actionable insights into renovation ROI, pricing trends, and listing performance.

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

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 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

The bathroom remodeling services market is a dynamic sector experiencing significant growth. While the provided data only offers a market size of $4353 million in 2025 (presumably this is the value unit), lacking a specific CAGR figure prevents a precise projection. However, considering the consistently high demand for home improvements, and the increasing focus on enhancing bathroom aesthetics and functionality, a conservative estimate for CAGR between 2025 and 2033 would be around 5-7%. This would position the market size in 2033 between $6,500 million and $8,000 million, depending on the actual CAGR. Key drivers include the rising disposable incomes in developed and developing nations, an aging population requiring accessibility modifications, and a growing preference for smart home technology integration in bathrooms. Trends such as sustainable design, spa-like bathroom features, and the increasing use of technology like smart toilets and shower systems are shaping the market. Potential restraints include economic downturns that could impact consumer spending on discretionary home improvements and supply chain disruptions affecting material costs. Major players like Lowe's, Home Depot, and IKEA are leveraging their established retail networks to dominate market share, while smaller specialist firms cater to niche demands for bespoke design and installation services. The competitive landscape is characterized by both large, established players offering a wide range of products and services, and smaller, specialized businesses focusing on premium or niche offerings. The market's segmentation is likely diverse, including services based on project size (small, medium, large), type of service (design, installation, renovation), and customer demographics (age, income). Successful companies in this sector need to stay at the forefront of design innovation, offer flexible financing options, and provide excellent customer service. Regional data, while missing, would likely show variations in market growth based on economic conditions, building codes, and cultural preferences in different geographical areas. Further research into specific regional data and a refined CAGR would allow for a more accurate market forecast.

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.