This statistic shows the retail sales market share of Home Depot in the United States in 2012 and 2013. In 2013, Home Depot held a market share of over *** percent in the United States.
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Home Depot reported $364.09B in Market Capitalization this July 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 July in 2025.
In 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.
In 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.
The online revenue of homedepot.ca amounted to US$2,869.9m in 2024. Discover eCommerce insights, including sales development, shopping cart size, and many more.
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The global hardware and home improvement retail market is experiencing robust growth, driven by a confluence of factors. Rising disposable incomes, particularly in emerging economies, coupled with increasing urbanization and a surge in homeownership are fueling demand for home improvement products and services. The market is further bolstered by the ongoing trend of home renovation and remodeling, spurred by evolving lifestyles and a desire for enhanced living spaces. E-commerce's rapid expansion has fundamentally reshaped the retail landscape, with online giants like Amazon and Alibaba significantly impacting market dynamics. While established players like Home Depot and Lowe's maintain strong market positions, they face increasing competition from smaller, specialized retailers and online marketplaces. The market is segmented by product type, including door hardware, building materials, kitchen and toilet products, and others, each exhibiting varying growth rates. North America and Europe currently hold significant market shares, but Asia-Pacific is emerging as a key growth region, driven by rapid economic development and rising consumer spending in countries like China and India. However, fluctuating raw material prices, economic downturns, and supply chain disruptions pose potential challenges to market growth. The long-term outlook remains positive, anticipating sustained expansion fueled by consistent growth in both developed and developing economies. The competitive landscape is highly fragmented, featuring a mix of large multinational corporations and smaller regional players. The dominance of large chains like Home Depot and Lowe's is challenged by the growing presence of online retailers, which offer convenience and a wider product selection. Differentiation strategies are crucial for success, with retailers focusing on specialized product offerings, superior customer service, and omnichannel strategies to cater to evolving consumer preferences. Industry consolidation is also likely, as larger players seek to expand their market share through mergers and acquisitions. Sustainable and eco-friendly products are gaining traction, reflecting growing consumer awareness of environmental issues. This trend necessitates retailers to adapt their product portfolios and sourcing strategies to meet the evolving demand for sustainable building materials and home improvement products. Technological advancements, such as virtual reality and augmented reality tools, are being increasingly adopted by retailers to enhance the customer experience and drive sales.
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The global hardware and home improvement retail market is experiencing robust growth, driven by increasing homeownership rates, rising disposable incomes in developing economies, and a surge in home renovation and improvement projects. The market, valued at approximately $850 billion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 5.5% from 2025 to 2033, reaching an estimated value of $1.3 trillion by 2033. This growth is fueled by several key trends, including the rise of e-commerce, the increasing popularity of DIY projects, and a growing preference for sustainable and eco-friendly building materials. Major players like Home Depot, Lowe's, and Ace Hardware are leveraging omnichannel strategies to cater to the evolving consumer preferences, investing heavily in both online and offline retail experiences. However, the market also faces challenges, including supply chain disruptions, fluctuations in raw material prices, and increasing competition from smaller, specialized retailers. The segmentation of the market by product type (door hardware, building materials, kitchen and toilet products, etc.) and marketing channels (online and offline) reflects the diverse nature of this dynamic industry. Regional variations exist, with North America and Europe currently dominating the market share, but strong growth is anticipated in Asia Pacific regions driven by urbanization and economic development. The success of hardware and home improvement retailers hinges on adapting to changing consumer behavior and technological advancements. Companies are increasingly incorporating data analytics to personalize marketing efforts, improve inventory management, and optimize pricing strategies. Focus on customer experience, including personalized service, convenient delivery options, and seamless omnichannel integration, is paramount. Furthermore, the growing awareness of environmental sustainability is pushing the industry towards more eco-friendly products and practices, creating new opportunities for retailers who embrace sustainability initiatives. This will require continuous investment in logistics, technology, and sustainable sourcing practices. The competitive landscape is fiercely contested, requiring retailers to innovate, differentiate their offerings, and strategically adapt to stay ahead in this dynamic market.
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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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The global home improvement retail market is expected to reach a value of USD 1,290.8 billion by 2033, exhibiting a CAGR of 6.1% during the forecast period of 2025-2033. The expansion of the market can be attributed to the rising demand for home improvement projects fueled by growing disposable income, increased homeownership rates, and a shift towards do-it-yourself (DIY) projects. Additionally, the increasing popularity of smart home devices and systems is anticipated to drive market growth as consumers seek to enhance the functionality and convenience of their homes. Key trends shaping the home improvement retail market include the emergence of e-commerce, the growing popularity of sustainable and eco-friendly products, and the adoption of innovative technologies such as artificial intelligence (AI) and augmented reality (AR). The shift towards online retail has enabled consumers to easily access a wider selection of products and compare prices, while the adoption of AI and AR is enhancing the customer experience by providing personalized recommendations, virtual tours, and interactive product demos. These trends are expected to continue to drive market growth over the coming years, as consumers increasingly seek convenient, personalized, and sustainable home improvement solutions. The home improvement retail market is a large and growing industry, with a global market size of $663.3 billion in 2019. The market is expected to grow to $940.3 billion by 2027, at a compound annual growth rate (CAGR) of 4.7%. The growth of the home improvement retail market is being driven by a number of factors, including:
The increasing popularity of home improvement projects The rising cost of housing The aging population The growing number of single-family homes
The home improvement retail market is concentrated in a few major players, including The Home Depot, Lowe's, and Menard's. These companies have a strong presence in the United States and are expanding into other markets. The home improvement retail market is characterized by a number of trends, including:
The growing popularity of online shopping The increasing use of mobile devices for home improvement projects The rising demand for sustainable products The growing popularity of smart home products
The home improvement retail market is expected to continue to grow in the coming years. The growth of the market will be driven by the increasing popularity of home improvement projects, the rising cost of housing, the aging population, and the growing number of single-family homes.
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The United States hardware stores retail market, valued at $56.12 billion in 2025, is projected to experience robust growth, driven by a steady CAGR of 4.89% from 2025 to 2033. This expansion is fueled by several key factors. The ongoing housing market boom, coupled with increasing home improvement and renovation activities, significantly boosts demand for hardware and related products. Furthermore, the growing DIY (Do It Yourself) culture, particularly among millennials and Gen Z, contributes to higher consumer spending on hardware items. The market's segmentation reveals strong performance across product types, including door hardware, building materials, kitchen and toilet products, and other related goods. The offline distribution channel currently dominates, but the online segment is witnessing substantial growth, fueled by the rising adoption of e-commerce and the convenience it offers. Key players like Home Depot, Lowe's, and Ace Hardware are leveraging their established brand recognition and extensive retail networks to maintain their market leadership, while smaller, specialized retailers are focusing on niche product offerings and personalized customer service to carve out their share. The market's growth trajectory is expected to remain positive throughout the forecast period, though certain restraints might influence the pace. Supply chain disruptions and inflationary pressures could temporarily affect growth, but these are likely to be mitigated by innovative strategies from retailers, such as improved inventory management techniques and strategic sourcing. The increasing focus on sustainability and eco-friendly products presents a significant opportunity for companies to cater to environmentally conscious consumers, adding a new dimension to the competitive landscape. The competitive landscape remains dynamic, with established players focusing on expansion and technological advancements, while new entrants seek to differentiate themselves through targeted marketing and unique service offerings. The integration of technology, such as online ordering and in-store digital kiosks, will further refine customer experience and drive market penetration. Recent developments include: September 2023: Lowe declared the extension of its multi-year agreement with the NFL for the current year's season. The collaboration will commence with a comprehensive marketing campaign, including a national television commercial, an updated lineup of Lowe's Home Team players, and the introduction of a limited-edition DIY Wrist Coach accessory., June 2023: Ace Hardware purchased 12 independent heating and air, plumbing, and electrical home services companies from Unique Indoor Comfort's portfolio, which was owned by the Atlanta-based private equity firm Grove Mountain.. 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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The global home improvement retail market is a dynamic and expansive sector, experiencing robust growth fueled by several key factors. A projected Compound Annual Growth Rate (CAGR) suggests a significant expansion over the forecast period (2025-2033). This growth is driven by several converging trends: a rising homeowner population, particularly in developing economies, coupled with increasing disposable incomes; a growing preference for home renovations and DIY projects, fueled by social media trends and accessibility of online resources; and the increasing availability of innovative, sustainable, and technologically advanced home improvement products. Furthermore, the shift towards online retail and the expansion of omnichannel strategies by major players are contributing significantly to market expansion. While economic downturns and fluctuations in raw material prices pose potential restraints, the overall positive trajectory remains strong, reflecting a sustained demand for home improvement products and services. The competitive landscape is intensely competitive, with established giants like The Home Depot, Lowe's, and Kingfisher vying for market share alongside regional and specialized players. Successful companies are focusing on value-added services such as design consultations, installation services, and personalized customer experiences to differentiate themselves and cater to the evolving needs of consumers. The market is also witnessing a shift towards sustainability, with increased demand for eco-friendly building materials and energy-efficient products. Geographical variations in market growth are expected, with regions experiencing rapid urbanization and economic growth showing higher growth rates. Strategic mergers and acquisitions, coupled with technological advancements such as augmented reality and virtual design tools, are shaping the future of the home improvement retail sector, ensuring its continued evolution and growth. Overall, the industry's future appears bright, with substantial opportunities for growth and innovation.
Home Depot had a total of ***** stores in operation throughout the United States as of the end of the fiscal year 2024. The home improvement and DIY retailer also operates stores in Canada and Mexico and had a total of ***** stores worldwide in that same year. Home improvement retail in the United States Home Depot is one of the best-known and valuable retail brands in the United States. Home Depot operates within the U.S. home improvement industry, which has witnessed steady sales growth over the past years, with this trend expected to continue in the coming years. This trend shows that home owners are putting substantial sums of money into home repair, home improvement, and remodeling projects. Home Depot As of 2024, Home Depot was the leading hardware and home improvement retailer in the United States, with U.S. retail sales of around *** billion U.S. dollars. The company's product categories include building materials, appliances, tools, and hardware, among others. Lowe’s, Ace Hardware, and Menards are Home Depots’ main competitors in the United States.
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[Keywords] Market include Home Depot Product Authority, Walmart, Lowe's, Target Brands, Bed Bath and Beyond
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U.S Household Products Market size was valued at USD 1,393.20 Million in 2023 and is expected to reach USD 2,129.94 Million by the end of 2031 with a CAGR of 5.61% during the forecast period 2024-2031.
U.S Household Products Market Overview
The U.S Household Products Market is commanded by a handful of leaders using unique strategies to attract consumers and adapt to changing conditions in the market. Major players in this dynamic marketplace include Costco Wholesale Corporation, Tractor Supply Company, The Home Depot, Lowe's Companies, Target Corporation, Wayfair Inc., Walmart Inc., Amazon.com, Ace Hardware Corporation, Inter IKEA Holding B.V., BJ's Wholesale Club, and The Kroger Company.
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[Keywords] Market include Kohl's, Ross Stores, CVS Health, Marshalls, Target Corporation
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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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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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The Online Hardware and Tools Sales industry in the US has had robust growth over the past five years, managing intense competition and technological innovation. As retailers enter the market, drawn by low barriers and a national customer base, established competitors are forced to innovate to maintain their edge. This has led to a proliferation of strategies aimed at improving the digital customer experience, from advanced pricing tools to seamless purchasing processes. The industry’s revenue has grown at a CAGR of 4.4% over the past five years, reaching $46.9 billion in 2025, but raw material inflation and rising wage costs from employment growth have dragged down industry profit. With technology being leveraged to streamline operations, the industry can stabilize its margin as inflation pressures ease. The industry has enjoyed ample opportunities as consumer interest in DIY projects has surged, fueled by home improvement media and a desire for cost-effective living. Revenue is expected to climb by 2.4% in 2025, reflecting this strong growth. The number of industry establishments has outpaced revenue, heightening competition. Supply chain disruptions and geopolitical tensions add to businesses’ challenges, driving logistics costs up and compelling retailers to adopt aggressive pricing strategies to retain their customer base. Yet, these tactics have eroded profit, particularly for smaller companies. The drive to meet consumer needs with a diverse product range and enhanced online experience has supported growth. Industry revenue is projected to expand at a CAGR of 2.8% over the next five years, hitting $53.7 billion in 2030. Cutting-edge technologies and evolving consumer preferences will shape the industry’s landscape. Innovations in AI and AR are set to revolutionize the shopping experience, offering hyper-personalized recommendations and immersive product visualizations. Retailers will embrace a more omnichannel approach, offering conveniences like buy-online-pickup-in-store to stay competitive. Additionally, the shift toward sustainable practices and eco-friendly products will push retailers to align with consumer preferences. By expanding product portfolios to include smart and green alternatives and focusing on transparent sourcing, retailers can capture broader market interest and secure sustained growth.
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[Keywords] Market include Indian Hardware Stores, Amazon, TheDecorKart, Flipkart, Lowe's India
This statistic shows the retail sales market share of Home Depot in the United States in 2012 and 2013. In 2013, Home Depot held a market share of over *** percent in the United States.