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TwitterIn 2024, the DIY chain 'Home Depot' had a total of ***** stores worldwide. Meanwhile, Lowe's registered ***** stores at the end of the same period. The home improvement retail industry The U.S. home improvement industry is comprised of retailers that sell appliances, kitchen fittings, lumber, building materials, plumbing, and other home improvement products. Demand for these products is associated with the demand for housing. Therefore, any changes in sales of new and existing homes significantly impacts the industry’s performance. In 2024, total sales of home improvement retailers in the United States generated approximately *** billion U.S. dollars. Main retailers and competitors In the United States, there are two home improvement retailers that dominate the market: Home Depot and Lowe's. These "Big-Box" companies, which control almost the entire home improvement market in the US, have continued to expand their footprint in the hope of increasing their respective market shares. According to a survey conducted in 2024, The Home Depot and Lowe's ranked as two of the top home improvement store chains in the United States, based on customer satisfaction.
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Home Depot reported $350.7B in Market Capitalization this December of 2025, considering the latest stock price and the number of outstanding shares.Data for Home Depot | HD - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last December in 2025.
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Home Depot stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.
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TwitterIn 2024, Home Depot's annual sales amounted to almost *** billion U.S. dollars, whereas its main competitor, Lowe's, reached more than ** billion U.S. dollars of sales. Home improvement companies The Home Depot and Lowe’s Companies, Inc. are home improvement retailers which were founded in 1978 and 1946, respectively. They both offer a wide range of products ranging from electrical products to flooring. In 2024, the majority of The Home Depot’s stores were located in the United States, and it operated over ***** stores worldwide, while Lowe’s Companies, Inc. operated ***** stores. Consumer behavior and sales The average amount spent by consumers on home improvement products has seen a year-on-year increase. In 2023, The Home Depot ranked fifth amongst leading American retailers, with estimated retail sales of over *** billion U.S. dollars. Lowe’s Companies, Inc. ranked ninth, with estimated retail sales amounting to over ** billion U.S. dollars.
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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.
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TwitterHome Depot was the leading home improvement retailer in Canada in 2023, with sales amounting to around **** billion Canadian dollars. Home Hardware and Rona stores ranked in second and third places, with sales of around *** and *** billion Canadian dollars respectively. Home Depot origins Home Depot, the American home improvement retailer, was founded in 1978. The company’s original aim was to build retail superstores larger than any of their competitors and the first two stores were opened in Atlanta, Georgia in the next year. In 1981, the retailer branched out of Georgia and began to open more stores in different states and later entered neighboring markets. By 2023, Home Depot operated over ***** big-box home improvement stores across the whole of North America and Mexico. Fierce competition in the global home improvement sector In terms of sales, Home Depot is by far the leading home improvement retail company worldwide. Lowes, however, remains competitive. Home Depot only had about 400 more stores than Lowes worldwide in 2023, and on average that year, consumers actually spent more money at Lowes.
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homedepot-static.com is ranked #121403 in US with 54.84K Traffic. Categories: Retail. Learn more about website traffic, market share, and more!
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Discover the booming DIY retail market! This comprehensive analysis explores key trends, growth drivers, and top players like Home Depot and Lowe's, forecasting market size and regional shares through 2033. Learn how online retail and home improvement projects are shaping this dynamic sector.
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homedepot.com is ranked #54 in US with 179.56M Traffic. Categories: Retail. Learn more about website traffic, market share, and more!
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The United States hardware stores retail market is a robust and expanding sector, projected to reach a value of $56.12 billion in 2025, exhibiting a Compound Annual Growth Rate (CAGR) of 4.89% from 2019 to 2033. This growth is fueled by several key factors. The increasing focus on home improvement and DIY projects, driven by a combination of rising homeownership rates and a preference for personalized spaces, significantly contributes to market expansion. Furthermore, the growth of e-commerce and omnichannel strategies employed by major players like Home Depot and Lowe's are enhancing accessibility and convenience for consumers, boosting sales. Economic factors such as steady housing market growth and increasing disposable incomes further support the market's positive trajectory. However, challenges exist, including potential fluctuations in lumber and other raw material prices, supply chain disruptions, and competition from online marketplaces offering a wider range of products. The market segmentation reveals a diverse landscape, with major players like Home Depot, Lowe's, Menards, and Ace Hardware dominating the scene. These large retailers benefit from economies of scale and extensive supply chain networks. However, smaller, specialized hardware stores continue to thrive by catering to niche markets and offering personalized customer service. The geographical distribution is likely skewed towards regions with higher population densities and robust housing markets. Future growth will likely be driven by continued innovation in product offerings, the integration of technology (such as augmented reality for product visualization), and sustainable practices becoming increasingly important to consumers. The forecast period of 2025-2033 promises continued expansion, though potential economic downturns or unforeseen global events could influence the trajectory of growth. Key drivers for this market are: Rise in Home Improvement and Renovation Projects. Potential restraints include: Rise in Home Improvement and Renovation Projects. Notable trends are: Increased Focus on Home Improvement and Renovation Projects.
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Discover the booming US e-commerce market! Our analysis reveals a 14.70% CAGR, driven by mobile shopping, diverse product categories, and major players like Amazon & Walmart. Explore market size, segmentation, and future trends to unlock growth opportunities. Recent developments include: May 2022- Home Depot announced the formation of Home Depot Ventures, a venture capital fund to promote early-stage startups that improve customer experience and home renovation. Furthermore, the $150 million funds will evaluate investments in businesses at various stages of development, emphasizing early and growth-stage startups that assist Home Depot customers and can scale., April 2022- In the United States, Apple finally offers the tools and accessories needed for self-servicing select iPhones. The company is now selling parts and components for the iPhone 12 series, iPhone 13 series, and the newly released 3rd Generation iPhone SE 2022 smartphones., April 2022- Amazon announced on Wednesday that it will build a solar park in Kent County as one of 37 new renewable energy projects worldwide to use renewable energy to power all of its activities by 2025, five years ahead of schedule., April 2022- Walmart honored Igloo's ancient legacy and commitment to "Made in the USA" with elected officials and prominent executives from both companies in attendance. In honor of this praise, Igloo designed the new Overland Series of coolers exclusively for Walmart, made in the United States., March 2022- Walmart Inc plans to hire more than 5,000 new associates for its tech hubs worldwide during the current fiscal year. Walmart Global Tech, the company's technology division, would be hiring for positions such as cybersecurity professional, product manager, and data scientist., June 2020- Apple's announcements and developments enhance the Apple platform and product experience. From macOS Big Sur, which boasts the most significant design overhaul since the launch of Mac OS X, to watchOS 7, iOS 14's new App Library, and iPadOS 14's expanded handwriting capabilities with Apple Pencil.. Key drivers for this market are: Growing Demand from Apparel and Footwear Industry., Rising Adoption of technologies (IOT,ML); Penetration of Internet and Smartphone Usage. Potential restraints include: Operational Compatibility Due to Growing Brand Value. Notable trends are: Increasing adoption of technologies.
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United States Home Improvement Market was valued at USD 476.93 billion in 2024 and is anticipated to grow USD 623.34 billion by 2030 with a CAGR of 4.61%.
| Pages | 81 |
| Market Size | 2024: USD 476.93 Billion |
| Forecast Market Size | 2030: USD 623.34 Billion |
| CAGR | 2025-2030: 4.61% |
| Fastest Growing Segment | Online |
| Largest Market | South |
| Key Players | 1. The Home Depot U.S.A., Inc. 2. Lowe’s Companies Inc. 3. Menard Inc. 4. ACE Hardware Corpoartion 5. True Value Company 6. 84 Lumber 7. Floor & Decor Holdings Inc. 8. 3M Company 9. Kohler Company 10. ABC Supply Co., Inc. |
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The Canadian Home Improvement Stores industry caters to a range of markets, including professional, do-it-for-me (DIFM) and do-it-yourself customers (DIY). Retailers offer a broad range of products to improve existing structures and construct new ones. While the industry heavily relies on the health of the overall economy, it also depends on dynamics in construction-related markets. Through the end of 2025, volatile construction markets and external competition have become more prominent, posing a threat to home improvement stores. Despite significant economic and geopolitical volatility hindering consumer confidence, revenue jumped in 2024 and 2025 as renovation spending and leisure time expanded. Revenue for home improvement stores is expected to swell at a CAGR of 2.4% to $38.3 billion through the end of 2025, including a jump of 1.4% in 2025 alone. Volatile market dynamics and rising rent and utility costs have fuelled a dip in profit. Home improvement stores sell fairly homogenous product lines, which has heightened price-based competition. Because of this, a few key companies that leverage economies of scale to accumulate and maintain high market shares largely dominate the industry. In recent years, the industry's largest stores have expanded their offerings to include complementary services like window and roof installation, which have helped them cope with fluctuations in downstream markets over the past five years. With large companies like Home Depot of Canada Inc. and RONA Inc. expanding their footprints, smaller stores have struggled to remain profitable. Global economic uncertainty will loom large for home improvement stores through the end of 2030. The largest stores will control more market share, so the industry will be closely tied to the performance of these companies. Home improvement stores will be forced to expand their service offerings and price-based promotions as competition picks up. However, stabilization in construction markets will support steady growth over the next five years. Overall, industry revenue is expected to expand at a CAGR of 1.2% to $40.7 billion through the end of 2030.
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Discover the booming global DIY market! Explore key trends, growth drivers, and competitive landscape analysis in our comprehensive report, covering market size, regional breakdowns, and leading players like Home Depot and Lowe's. Projecting strong growth through 2033, this insightful analysis provides valuable insights for investors and industry professionals.
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The global DIY (Do-It-Yourself) market is experiencing robust growth, projected to reach a market size of $0.89 billion in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 9.94% from 2025 to 2033. This expansion is driven by several key factors. Firstly, the increasing popularity of home improvement and renovation projects, fueled by rising disposable incomes and a greater emphasis on personalized living spaces, is a significant contributor. Secondly, the growth of e-commerce and online retail channels has broadened access to DIY products and tools, simplifying the purchasing process and making DIY projects more accessible to a wider range of consumers. Furthermore, a growing awareness of sustainability and eco-friendly practices is driving demand for environmentally conscious DIY materials and tools. Key players like Lowe's, Home Depot, and Kingfisher are strategically investing in expanding their product offerings, strengthening their online presence, and focusing on customer experience to capitalize on this market growth. The competitive landscape is dynamic, with both large multinational corporations and smaller regional players vying for market share. Despite the positive outlook, several challenges exist. Fluctuations in raw material prices and supply chain disruptions can impact profitability and product availability. Additionally, the DIY market is susceptible to economic downturns, as discretionary spending on home improvement projects may decrease during periods of economic uncertainty. The segmentation of the market is evolving, with increased demand for specialized tools and premium quality materials alongside budget-conscious options. Regional variations in market growth exist, with developed economies in North America and Europe currently dominating the market, though emerging markets in Asia and Latin America present significant growth opportunities in the coming years. This makes understanding the regional nuances crucial for strategic investment and market expansion. Key drivers for this market are: Increasing Customization and Personalization, Increasing Home Improvement and Renovation Trends. Potential restraints include: Lack of Expertise Restraining the Market, The Cost of the Materials can be a Significant Restraint. Notable trends are: DIY Shops are Preferable Distribution Channels for the Industry.
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Discover the booming home improvement retail market! This in-depth analysis reveals key growth drivers, market trends, and competitive insights, projecting significant expansion through 2033. Learn about leading companies, regional variations, and the future of DIY and home renovation.
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The global home improvement retail market is poised for significant growth, with a projected CAGR of XX% during the forecast period 2025-2033. The market size is estimated at XXX million in 2025 and is expected to reach XXX million by 2033, driven by rising disposable income, increasing awareness of home improvement projects, and urbanization. The private home segment holds the largest market share due to the increasing preference for homeowners to enhance the quality of their homes and create a comfortable living space. Key industry players include The Home Depot, Inc., Lowe's Companies, Inc., and Groupe Adeo SA, among others. Factors propelling market growth include the surge in DIY (Do-it-yourself) home improvement projects, government incentives for home renovations, and the growing popularity of online home improvement platforms. However, economic downturns, the volatility of raw material prices, and supply chain disruptions pose challenges to market expansion. Regional variations in market dynamics are also evident, with North America and Europe dominating the market, while Asia-Pacific is expected to witness substantial growth in the coming years. The home improvement retail market encompasses a diverse range of businesses that cater to homeowners and construction professionals by providing building materials, home appliances, tools, and furnishings. Key market players include The Home Depot, Lowe's Companies, Inc., Groupe Adeo SA, Kingfisher plc, and others.
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Discover the booming hardware & home improvement retail market! Our in-depth analysis reveals a $850 billion market in 2025 projected to reach $1.3 trillion by 2033, driven by e-commerce, DIY trends, and sustainable building. Learn about key players, regional growth, and market trends.
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The booming DIY Home Improvement Retailing market is projected to reach $846.15B by 2025, with a 5.2% CAGR. Discover key trends, driving factors, competitive landscapes, and regional analysis in this comprehensive market report. Explore growth opportunities in home renovation, tools & hardware, and online retail.
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TwitterIn 2022, the Home Depot held the largest market share of the global DIY (do-it-yourself) market. The American retailer made up over a third of the entire market.
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TwitterIn 2024, the DIY chain 'Home Depot' had a total of ***** stores worldwide. Meanwhile, Lowe's registered ***** stores at the end of the same period. The home improvement retail industry The U.S. home improvement industry is comprised of retailers that sell appliances, kitchen fittings, lumber, building materials, plumbing, and other home improvement products. Demand for these products is associated with the demand for housing. Therefore, any changes in sales of new and existing homes significantly impacts the industry’s performance. In 2024, total sales of home improvement retailers in the United States generated approximately *** billion U.S. dollars. Main retailers and competitors In the United States, there are two home improvement retailers that dominate the market: Home Depot and Lowe's. These "Big-Box" companies, which control almost the entire home improvement market in the US, have continued to expand their footprint in the hope of increasing their respective market shares. According to a survey conducted in 2024, The Home Depot and Lowe's ranked as two of the top home improvement store chains in the United States, based on customer satisfaction.