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.

U.S. Residential Remodeling Market size & share estimated to surpass USD 754.75 million by 2032, to grow at a CAGR of 4.3% during the forecast period.

The market size of commercial property remodeling in the United States reached **** billion U.S. dollars in 2024, according to the forecast. The trend towards market growth began in 2013 and peaked in 2022, followed by a slight decline.

The commercial property remodeling industry has faced a complex landscape shaped by fluctuating demands and evolving market dynamics. High office rental vacancies have hindered the performance of commercial remodelers, as the office market is the largest market they serve. Remote and hybrid work environments have driven office vacancies to substantial levels, depressing the remodeling demand in office spaces. Despite this, some construction activities have persisted because of efforts to lure employees back to the workplace. Industry revenue has been decreasing at a CAGR of 0.6% over the past five years to total an estimated $39.9 billion in 2025, including an estimated 0.4% increase in 2024. Over the past five years, commercial remodelers have experienced a slow growth trajectory, with notable declines in profit. Labor shortages have been a critical factor, pushing up wages and subcontracted labor costs. The industry's reliance on subcontracted labor has intensified the impact of these shortages, affecting profit. However, energy-efficient systems and equipment upgrades have been a bright spot, driven by tax incentives. These projects, aligned with energy standards, have offered a vital outlet for growth. Yet, increased price-based competition has emerged amid sluggish growth and rising numbers of remodelers, making it hard to transfer elevated costs onto customers. The emphasis on new warehouse and data center construction over renovations has further limited growth opportunities in the fastest-growing commercial markets over the past five years. Looking forward, commercial remodelers may find growth potential in converting office spaces to other commercial uses. Federal Reserve rate cuts could eventually stimulate larger-scale projects, though high rates currently favor smaller, more profitable remodels. Disaster repair services and hotel construction are poised to bolster demand, especially in disaster-prone areas. Tariffs remain a significant concern, threatening profit and project timelines with material cost volatility. Contracts with price escalation clauses might offer some protection. While challenges persist, strategic focus on emerging opportunities and market-specific demands could pave the way for moderate growth over the next five years. Industry revenue is forecast to increase at a CAGR of 2.0% to total an estimated $44.1 billion through the end of 2030.

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Home Renovation Market Size 2025-2029

The home renovation market size is forecast to increase by USD 83 billion at a CAGR of 4.5% between 2024 and 2029.

The market is experiencing significant growth, driven by the global trend of rapid urbanization and the increasing focus on enhancing living spaces through technology. One of the most notable trends shaping this market is the adoption of Artificial Intelligence (AI) in home improvement projects. This technological advancement offers numerous benefits, including energy efficiency, personalized living experiences, and improved home security. However, the market faces a major challenge In the form of a shortage of skilled labor, which can lead to project delays and increased costs for homeowners. To capitalize on this market opportunity, companies must focus on innovative solutions that address the labor shortage, such as pre-fabricated renovation kits or partnerships with local training programs. This market continues to experience steady growth, driven by the desire for modern living standards, improved environmental performance, and the integration of smart home technologies.
Additionally, investing in AI-powered tools and services can provide a competitive edge, enabling companies to offer more efficient and personalized renovation services to meet the evolving demands of consumers. Overall, the market presents a promising landscape for growth, with opportunities for companies that can effectively navigate the challenges and leverage technological advancements to meet the needs of the urbanizing population.

What will be the Size of the Home Renovation Market during the forecast period?

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The residential remodeling market encompasses various activities repairing broken structures, and weather sealing. Sustainable trends, such as the use of green remodeling products and sustainable building materials, are gaining traction as consumers become increasingly environmentally aware and conscious of their carbon footprints. New trends In the market include the adoption of 3D rendering software for virtual home design, structural glazing for enhanced temperature control, and the integration of solar panels for energy efficiency.
Economic slowdowns and reduced disposable income have led to project budgets being carefully considered, resulting in increased focus on labor costs and supply chain disruptions. Old buildings are being repurposed and renovated, with a focus on preserving their historical character while incorporating modern amenities. New flooring, lighting systems, insulating glass, and electrical & insulation upgrades are popular choices for homeowners seeking to enhance their living spaces. Government incentives and homeowner budgets are also driving the market, with a particular emphasis on energy-efficient windows and green buildings. Despite these trends, the market faces challenges, including labor shortages and rising material costs, which can impact construction expenditure.
The novel coronavirus pandemic has also disrupted the supply chain, leading to delays and increased costs for many projects. Overall, the residential remodeling market is expected to continue growing, driven by a combination of consumer demand and government incentives, as well as advancements in technology and sustainable building materials.

How is this Home Renovation Industry segmented?

The home renovation industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Professional renovation
  Do-It-Yourself (DIY) renovation


Application

  Kitchen renovation
  Bathroom renovation
  Exterior renovation
  Bedroom renovation
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    Spain
    UK


  APAC

    China
    India
    Japan


  Middle East and Africa



  South America

By Type Insights

The professional renovation segment is estimated to witness significant growth during the forecast period.

Professional home renovation services offer homeowners customized solutions for complex projects, ensuring high-quality results that meet specific aesthetic and functional requirements. These services encompass a range of tasks, from structural changes to intricate design solutions, executed with precision and care. Key features include specialized skills, custom design solutions, time efficiency, and regulatory compliance. Professionals manage tasks such as HVAC upgrades, electrical rewiring, plumbing system improvements, and energy efficiency upgrades using sustainable materials and modern home design trends. Safety enhancements and smart home technology installations are also common, along with home renovation inspiration and remodel

U.S. Remodeling Market valued USD 531.3 Billion in 2024 and is projected to surpass USD 724.2 Billion through 2032

Access professional Residential Remodeling Market research reports with detailed industry analysis. Get syndicated data on market size, share, and growth trends for strategic decision-making.

The global home remodeling market is projected to expand at a CAGR of 3.98% from 2025 to 2033, reaching a value of $467.58 billion by 2033. The growth is attributed to rising disposable income, increasing homeownership rates, and growing demand for energy-efficient and sustainable remodeling solutions. Furthermore, the surge in home improvement projects driven by the COVID-19 pandemic, which led to increased time spent at home, is anticipated to continue contributing to market expansion. Key drivers of the market include the increasing popularity of home improvement and remodeling projects, rising urbanization and population growth, and growing adoption of smart home technologies. Trends shaping the market include the use of sustainable materials, the incorporation of advanced technologies, and personalized home remodeling solutions. However, restraints such as economic downturns, supply chain disruptions, and labor shortages may hinder market growth. The market segmentation reveals various types of remodeling projects, including kitchen, bathroom, and other renovations. Additionally, the market is segmented based on remodeling purpose, such as home improvement, increased property value, and energy efficiency. Recent developments include: The Home Remodeling Market is experiencing significant shifts, driven by increasing consumer demand for home improvements and sustainability. As of 2024, the market is projected to reach approximately USD 467.58 billion, reflecting a steady expansion. Key trends include a heightened focus on energy efficiency, with homeowners investing in eco-friendly materials and technologies to reduce their carbon footprints. A surge in remote work has also prompted renovations that accommodate home offices, leading to greater spending on interior modifications. Recent news highlights the rising costs of lumber and labor, impacting project timelines and budgets, while supply chain disruptions continue to pose challenges. Moreover, municipalities across various regions are implementing incentives for home renovations that enhance energy efficiency, further fueling market growth. Current projections estimate the market will reach USD 664.6 billion by 2032, with a compound annual growth rate (CAGR) of 3.98%, suggesting robust demand in the years ahead. As trends evolve, market participants are urged to innovate and adapt to changing consumer preferences while navigating economic factors influencing purchasing behaviors.. Key drivers for this market are: Sustainable materials adoption Smart home integration Aging population housing upgrades Urbanization driving renovations Increased DIY project engagement . Potential restraints include: Rising disposable income Increasing urbanization Aging housing stock Focus on sustainability Technology integration in design .

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.

Market Size statistics on the Commercial Property Remodeling industry in the US

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

United States RMI: sa: CM: Small Remodeling Projects data was reported at 76.000 Point in Mar 2025. This stayed constant from the previous number of 76.000 Point for Dec 2024. United States RMI: sa: CM: Small Remodeling Projects data is updated quarterly, averaging 81.000 Point from Mar 2020 (Median) to Mar 2025, with 21 observations. The data reached an all-time high of 93.000 Point in Dec 2021 and a record low of 60.000 Point in Mar 2020. United States RMI: sa: CM: Small 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.

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.

The home improvement services market is experiencing robust growth, driven by several key factors. Rising disposable incomes, particularly in developing economies, are fueling increased spending on home renovations and upgrades. The aging housing stock in many developed nations necessitates significant maintenance and refurbishment, further boosting demand. A shift towards personalization and customization in home design is also contributing to market expansion, with homeowners increasingly seeking unique solutions and specialized services. Technological advancements, such as smart home integration and energy-efficient materials, are adding value and driving demand for specialized installation and maintenance services. Furthermore, the growth of online platforms connecting homeowners with service providers is streamlining the process and increasing market accessibility. The market is segmented by service type (assembly & mounting, cleaning, and others) and application (indoor and outdoor). While assembly and mounting services currently hold a significant share, the demand for specialized cleaning services, particularly for environmentally friendly options, is rapidly increasing. Similarly, outdoor service demand is growing due to the increasing focus on landscaping, outdoor living spaces, and home security enhancements. Geographically, North America and Europe currently dominate the market, driven by high homeownership rates and established service provider networks. However, emerging markets in Asia-Pacific and other regions are showing significant growth potential, fueled by rapid urbanization and rising middle-class incomes. The competitive landscape is fragmented, with both large national chains and smaller, localized service providers vying for market share. Challenges include labor shortages, material cost fluctuations, and seasonal demand variations. However, the long-term outlook remains positive, with the market poised for sustained growth driven by underlying demographic and economic trends. We project a continued expansion of the market, with the growth rate slightly exceeding the initially indicated CAGR, reflecting the accelerating demand for home improvement services in various regions globally.

United States RMI: sa: CM: Large Remodeling Projects data was reported at 64.000 Point in Mar 2025. This records a decrease from the previous number of 75.000 Point for Dec 2024. United States RMI: sa: CM: Large Remodeling Projects data is updated quarterly, averaging 74.000 Point from Mar 2020 (Median) to Mar 2025, with 21 observations. The data reached an all-time high of 89.000 Point in Jun 2021 and a record low of 52.000 Point in Mar 2020. United States RMI: sa: CM: Large 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.

The global home remodeling market, valued at $100.20 billion in 2025, is projected to experience robust growth, driven by several key factors. Increasing disposable incomes, particularly in developing economies, are fueling demand for home improvements and renovations. A growing preference for personalized living spaces and upgraded home amenities is further stimulating market expansion. The rise of DIY home improvement projects, facilitated by readily available online resources and tools, contributes significantly to market growth. Furthermore, the aging housing stock in developed nations necessitates significant repair and renovation work, driving sustained demand. Professional remodeling services are also experiencing growth, driven by increasing consumer demand for high-quality workmanship and specialized expertise in areas like kitchen and bathroom renovations. The market is segmented by project type (DIY and professional), distribution channel (online and offline), and application (windows & doors, kitchen & bathrooms, floor & roof, walls, and other applications). Major players like Andersen Corporation, JELD-WEN, and Kohler compete in this dynamic landscape, offering a wide range of products and services. While material cost fluctuations and economic downturns could pose potential restraints, the long-term outlook for the home remodeling market remains positive, supported by ongoing urbanization and increasing homeowner investment in property value enhancement. The market's CAGR of 4.31% reflects steady, consistent growth. This growth is expected to be influenced by regional variations, with North America and Europe likely maintaining significant market shares due to established housing markets and higher disposable incomes. However, Asia Pacific is predicted to show strong growth potential given its expanding middle class and rapid urbanization. The online distribution channel is anticipated to experience faster growth compared to offline channels, reflecting the increasing adoption of e-commerce and digital marketing strategies within the industry. While precise regional breakdowns are unavailable, a reasonable estimation based on global market trends would suggest a higher market share for North America, followed by Europe and Asia-Pacific, with smaller shares for Middle East & Africa and South America. The ongoing focus on sustainability and energy efficiency within the construction industry will also increasingly shape product innovation and consumer choices within the home remodeling sector. Recent developments include: October 2023: Great Day Improvements, LLC, a prominent DTC home remodeling company, expanded its brand portfolio through the successful acquisition of K-Designers, a California-based remodeling contractor. As one of the top remodeling contractors in the United States, K-Designers specializes in enhancing curb appeal through services such as Siding, Windows, Patios, Doors, and Bathroom remodeling. This strategic move allows Great Day Improvements to make a significant entry into the California remodeling market, fortify its presence in the western U.S., and continue its trajectory of growth., April 2023: M&M HVAC Services finalized the acquisition of Sunset Ridge Ecoline Exteriors Corporation, a Wisconsin-based company situated in the McFarland area. This acquisition underscores M&M's unwavering commitment to executing its strategic plan and actively seeking opportunities for construction, expansion, and nationwide growth across the United States.. Key drivers for this market are: 4., Rising property values4.; Changing lifestyles. Potential restraints include: 4., Rising property values4.; Changing lifestyles. Notable trends are: Booming DIY segment bolstering the market.

The Remodeling industry in New York is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x% to x,xxx locations. Industry employment has increased an annualized x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x billion.

The Home Remodeling Estimating Software market has witnessed significant evolution in recent years, driven by the growing demand for efficient project management within the home improvement industry. This specialized software streamlines the estimating process for contractors and remodelers, providing comprehensive

In 2023, the home renovation market size in Japan was estimated at around *** trillion Japanese yen, up from *** trillion yen in the previous year. The market was forecast to peak at *** trillion yen in 2030.

Financial overview and grant giving statistics of Professional Remodeling Organization Of Ne Ia