In 2024, home improvement sales in the United States amounted to around 526.1 billion U.S. dollars. By 2028, this amount is expected to reach almost 590 billion U.S. dollars. Home improvement chains With sales close the 153 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 90.07 U.S. dollars in 2023. Lowe’s customers, on the other hand, spent about 103.51 U.S. dollars per visit.

As of 2024, Lowe's and its related businesses operated nearly 1,750 stores around the world. In that year, the average amount spent by consumers amounted to about 103 U.S. dollars, around 14 U.S. dollars more than the average spent in the Home Depot. How does Lowe’s compare to its competitors? As of 2024, Lowe’s was the fifth runner-up in terms of customer satisfaction alongside Menards, The Home Depot, Study Average, and Ace Hardware, the leading improvement store chains in the United States. In 2023, The Home Depot was the leading hardware and home improvement retail chain in the United States in terms of sales. Lowe’s took second place on this listing, putting it ahead of companies such as Ace Hardware and Menards. Home improvement retail in the U.S. In recent years, the U.S. home improvement industry has witnessed steady growth, and the trend is expected to continue in the near future. According to one forecast, homeowner improvements and repair expenditures are expected to reach roughly 509 billion U.S. dollars in the fourth quarter of 2025.

The worldwide home improvement market was valued at 763 billion U.S. dollars in 2020. With a compound annual growth rate (CAGR) of more than four percent, the home improvement market value was expected to surpass the trillion dollar mark by 2027.

The Report Covers the Analysis and Share of the Global DIY Home Improvement Market and is Segmented by Product Type (Lumber and Landscape Management, Decor and Indoor Garden, Kitchen, Painting and Wallpaper, Tools and Hardware, Building Materials, Lighting, Plumbing and Equipment, Flooring, Repair and Replacement, And Electrical Work), Distribution Channel (DIY Home Improvement Stores, Specialty Stores, Online, Furniture, And Other Physical Stores), And Geography (North America, South America, Europe, Asia-pacific, And Middle East and Africa). The Report Offers Market Size and Forecasts for the Global DIY Home Improvement Market in Value in USD for all the Above Segments.

The US Do-It-Yourself (DIY) home improvement market is a robust sector, exhibiting consistent growth. With a 2025 market size of $275.24 billion and a Compound Annual Growth Rate (CAGR) of 3.7%, the market is projected to reach significant heights by 2033. Key drivers include a rising homeowner population, increasing disposable incomes fueling renovation projects, and a growing preference for personalized home spaces. The market's segmentation reveals valuable insights: Lumber and landscape management currently holds a dominant share, fueled by ongoing demand for outdoor living spaces and landscaping projects. Tools and hardware represent a significant segment, underpinned by the necessity for equipment in most DIY endeavors. Decor and indoor gardening segments are experiencing strong growth, driven by a trend towards home personalization and an increased interest in indoor plants. The kitchen segment benefits from continuous renovation and remodeling projects, indicating a consistent demand. Lighting and other ancillary products also contribute to overall market growth. Distribution channels are bifurcated between online and offline, with online sales experiencing a notable increase due to convenience and accessibility. Residential applications continue to dominate, but commercial applications are showing growth potential as businesses increasingly invest in renovations. Competition within the US DIY home improvement market is intense, with a multitude of established players and emerging brands. Leading companies leverage various competitive strategies, including product innovation, strategic partnerships, and aggressive marketing campaigns, to maintain market share. Industry risks include fluctuations in raw material costs, economic downturns impacting consumer spending, and evolving consumer preferences. Analyzing these factors and segments allows stakeholders to strategically position themselves for success within the thriving US DIY home improvement market. Considering the historical period of 2019-2024, we can expect a continuation of these trends, with market fluctuations dependent on economic conditions and prevailing consumer sentiment. The forecast period of 2025-2033 suggests a continued expansion, further solidifying the market's stability and appeal for investors and businesses.

The Home Remodeling Market Report is Segmented by Project Type ( DIY (Do It Yourself) and Professional), by Distribution Channel (Online and Offline), by Application (Windows and Doors, Kitchen and Bathroom, Floor and Roof, Walls, and Other Applications), and by Geography (North America, Europe, Asia Pacific, Middle East and Africa and South America). The Report Offers Market Size and Forecasts in Value (USD) for all the Above Segments.

The US Home Service Market Report is Segmented by Maintenance & Repairs (Plumbing Services, Electrical Repairs, Appliance Repairs, and Other Home Services), Home Improvement (Renovations & Remodeling, Carpentry & Woodworking, Painting & Wall Treatments, and Other Home Improvement), and Distribution Channel (Traditional Service Providers and Online Platforms). The Report Offers the Market Size in Value Terms in USD for all the Above-Mentioned Segments.

U.S. Home Services Market size was valued at USD 211.71 Billion in 2023 and is projected to reach USD 893.18 Billion by 2031, growing at a CAGR of 19.59% from 2024 to 2031.

U.S. Home Services Market Overview

The U.S. Home Services Market is poised for continued growth, driven by a combination of evolving consumer preferences, technological advancements, and demographic trends. A key driver of this market is the increasing demand for home maintenance and improvements. With homeownership rates on the rise, particularly among millennials and baby boomers, more individuals are investing in home repairs, remodeling, and upgrades to enhance comfort, functionality, and property value. The aging housing stock in the U.S. also contributes significantly to this demand, as older homes require frequent repairs and updates to meet modern standards and codes.

This is particularly true in regions with older infrastructure, where demand for plumbing, electrical, and HVAC services remains high. One of the most influential trends in the U.S. Home Services Market is the shift toward digitalization and online platforms. As consumers become more tech-savvy, they are increasingly turning to mobile apps and online marketplaces to find, compare, and schedule home services. This has not only improved accessibility and convenience for homeowners but also allowed service providers to reach new audiences.

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.

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%.

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.

This timeline shows the growth of the home improvement products market in the United States from 2017 to 2019. The Home Improvement Research Institute estimated that the home improvement products market in the United States would grow by 4.1 percent in 2019.

U.S. Home Services Franchise Market size was valued at USD 225,023,20 Million in 2024 and is projected to reach USD 39,585.68 Million by 2032, growing at a CAGR of 6.77% from 2026 to 2032.

U.S. Home Services Franchise Market Overview

The home services franchise industry is undergoing a significant transformation driven by digital technology. Many franchises are integrating tools such as customer relationship management (CRM) software, digital marketing platforms, and real-time service tracking to streamline scheduling, improve resource allocation, and enhance the customer experience. Additionally, there is a notable trend toward expanding into suburban and rural markets to cater to millennial and Gen Z homeowners, who now represent a significant portion of homebuyers. The industry is also seeing increased demand for energy-efficient home improvements, as aging housing stock prompts homeowners to invest in modern, eco-friendly upgrades. Another emerging trend is the shift toward multi-unit and multi-brand ownership among franchisees, which provides growth opportunities and operational efficiencies.

US Home Furnishing Market was valued at USD 392 billion in 2024 and is projected to reach USD 649 billion by 2031, growing at a CAGR of 6.5% during the forecast period 2024-2031

US Home Furnishing Market Drivers

Robust Housing Market: The demand for home furnishings is greatly impacted by the state of the housing market, which includes new home construction, existing home sales, and remodelling activities. A healthy real estate market encourages furniture and décor purchases.

Changing Consumer Lifestyles: Trends in home furnishings are influenced by changes in consumer choices, lifestyles, and demography. Modern, functional, and adjustable furniture is in high demand due to factors including family arrangements changing, urbanisation, and millennial homebuyers.

E-commerce Growth: More consumers now have access to a greater selection of home furnishings thanks to the growth of e-commerce platforms and online furniture merchants. Online furniture sales are fueled by convenience, affordable prices, and alternatives for home delivery.

Renovation and Remodelling of Homes: The need for new furniture, flooring, lighting, and décor items to modernise and improve living spaces is driven by homeowners who undertake renovation projects and interior remodelling.

Growing Interest in Interior Design and Home Decor: Social media sites like Pinterest and Instagram are contributing to the growing interest in interior design and home decor, which in turn is encouraging customers to spend money on fashionable and customised furniture for their homes.

Over the course of 2024, in the United States, the retailer market share of home improvement sales on Amazon varied. The retailer market share started at just over 14 percent at the beginning of the year. Throughout the year, the market share fell, before rising to around 18 percent in the last month of the year.

U.S. Retail Builders Hardware Market was valued at USD 9,713.42 Million in 2024 and is projected to reach USD 14,348.19 Million by 2032, growing at a CAGR of 5.73% from 2026 to 2032.

U.S. Retail Builders Hardware Market Overview

Energy efficiency and sustainability are becoming central themes in the retail builders hardware market, driven by the increasing emphasis on environmentally responsible construction and home improvement. With buildings accounting for nearly 40% of total energy consumption in the U.S., the demand for hardware solutions that contribute to energy savings has surged. Consumers and builders are prioritizing products such as weatherproofing materials, energy-efficient doors and windows, and insulation systems that reduce heat loss and lower long-term energy costs.

The U.S. residential remodeling market is valued at USD 517.61 million, based on a five-year historical analysis. This growth is largely driven by aging housing stock across the country, Rising homeowner expenditure on home improvement, federal tax credits, and favorable economic conditions have further accelerated market expansion, particularly in high-value renovations such as kitchen and bathroom remodels.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

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 678 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.

Global DIY Home Improvement Market size valued at US$ 11.99 Billion in 2023, set to US$ 18.61 Billion by 2032 at a CAGR of about 5% from 2024-2032.