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Home Improvement Market Size, Share, Growth, and Industry Analysis, By Type (Kitchen,Home Decor,Painting,Tools and Hardware,Plumbing Equipment,Building Materials,Flooring,Lighting,Electrical Work,Others), By Application (DIY,DIFM), Regional Insights and Forecast to 2035

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Home Improvement Market Overview

The global Home Improvement Market size is projected to grow from USD 972969.66 million in 2026 to USD 1011985.74 million in 2027, reaching USD 1386038.09 million by 2035, expanding at a CAGR of 4.01% during the forecast period.

The global Home Improvement Market exceeds $894.2 billion in 2024, with activity centered on renovation, remodeling, and retrofit services enhancing living spaces via interior and exterior upgrades, energy-saving materials, and smart integration supported by urbanization and digital influence trends. In 2024, over 500 million owner-occupied residences required maintenance and upgrades. Digital tools assist 68 percent of improvement decisions through smartphone influence, while eco-materials uptake rose by 20 percent across renovations. The Home Improvement Market Report and Home Improvement Industry Analysis underscore rising demand for accessible upgrades and professional-DIY hybrid models, driven by older housing stock and modern lifestyles.

In the USA, the Home Improvement Market encompasses over $574 billion in product and service activity in 2024, with 3.2 percent year-on-year growth in materials and garden supply retail sales recorded in April. The cost of remodeling rose by nearly 4 percent in Q1 compared to a year earlier, driven by labor expenses. The average homeowner spent about $4,000 per year, with 65 percent planning major renovations within two years. DIY projects account for 55 percent of renovation activities, and the most renovated area remains the kitchen at 30 percent share.

Global Home Improvement Market Size,

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Key Findings

  • Driver: DIY activities account for 55% of remodeling activity, with 68% of decisions influenced by digital tools.
  • Major Market Restraint: 35% chance of pessimistic economic scenario, and 3.4% growth revision reflecting macro-economic strains.
  • Emerging Trends: 20% increase in eco-friendly material use; 50% surge in video tutorial use; 29% of DIY purchases are online.
  • Regional Leadership: North America holds approx. 44% of DIY market share; Asia-Pacific leads growth, with online-channel share at 72%.
  • Competitive Landscape: Companies such as Home Depot, Lowe’s, ADEO Group, Kingfisher, Menards control a large share; online-channel at 72% share in DIY.
  • Market Segmentation: Professional (DIFM) accounts for 361.2 billion of remodeling; average cost for projects: $4,700 for DIY, $7,800 for pro.
  • Recent Development: April materials retail sales rose 0.8% month-on-month, 3.2% year-on-year; remodeling spending hit $513 billion in Q1.

Home Improvement Market Trends

In the latest Home Improvement Market Trends, several figures highlight evolving patterns. Retail sales in building and garden supplies rose 0.8 percent in April 2025 compared to March and 3.2 percent compared to the previous April, showing resilience in spending. The remodeling cost index rose nearly 4 percent year-over-year, chiefly driven by labor costs. The average DIY project cost reached $4,700, while professional projects averaged $7,800, with 44 percent exceeding $50,000 in total spend.

Remodeling expenditure is on track to reach $608 billion in 2025, extending a 27 percent inflation-adjusted increase from 2019 to 2023. Home equity continues to fuel spending, as remodeled homes sell for about 4 percent more and attract 26 percent more online saves, 30 percent more shares. Digital influence remains strong: 68 percent of homeowners rely on smartphone apps, and eco-friendly materials usage rose 20 percent in 2023. DIY’s share of renovation is 55 percent, with kitchens constituting 30 percent of projects.

Home Improvement Market Dynamics

DRIVER

"Aging Housing Stock and DIY Preference"

U.S. homeowners face a median home age above 40 years, fueling renovation need. The DIFM segment accounted for $361.2 billion in 2024, with DIY making up 55 percent of activity. Eco-friendly material usage increased 20 percent, while 65 percent plan major renovations within two years. Video tutorial usage rose 50 percent in 2023, aiding DIY execution. Smartphones influence 68 percent of decisions, reinforcing DIY uptake.

RESTRAINT

"Elevated Costs and Macroeconomic Headwinds"

Macro conditions dampen the market: there’s a 35 percent chance of recession, and growth forecasts revised downward to 3.4 percent for 2025. Remodeling costs rose nearly 4 percent; average DIY cost is $4,700, with pro jobs averaging $7,800, 44 percent exceeding $50,000. High interest rates reduced big-ticket DIY spending, and large projects represent 75 percent of Lowe’s DIY sales. A “deferral mindset” slowed remodeling amid elevated borrowing costs, limiting high-value projects.

OPPORTUNITY

"Equity-Fueled Remodeling and Preservation Over Moving"

Homeowners are remodeling instead of moving, with remodeling spending expected to reach $608 billion in 2025. Inflation-adjusted renovation spending rose 27 percent between 2019 and 2023. Remodeled homes sell for 4 percent more, garnering 26 percent more saves and 30 percent more shares. With nearly 50 percent of homes built before 1980, renovation demand remains high. Smartphone-driven planning and eco improvements (up 20 percent) offer further opportunity.

CHALLENGE

"Interest Rates and Deferred Big-Ticket Projects"

High mortgage rates near 7 percent deter large projects, and big-ticket DIY projects comprising 75 percent of Lowe’s DIY sales have slowed. Despite rising remodeling costs, owners still invest, yet many delay kitchen or bath remodels. Forecasts downgraded growth from earlier estimates, and uncertainty around the housing market threatens sustained momentum.

Home Improvement Market Segmentation

Segmentation by Type and Application reveals distinct dynamics. Types encompass Kitchen, Home Decor, Painting, Tools & Hardware, Plumbing Equipment, Building Materials, Flooring, Lighting, Electrical Work, Others. Applications split into DIY and DIFM, each commanding unique spending patterns and adoption drivers.

Global Home Improvement Market Size, 2035 (USD Million)

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BY TYPE

Kitchen: account for 30 percent of renovation focus. Average kitchen project costs range up to $7,800 for professional upgrades and around $4,000 for DIY-level work. Kitchen projects deliver about 70 percent ROI, making them top investments in a Home Improvement Market Report context.

The kitchen segment is estimated to generate USD 185,400 million in 2025, accounting for 19.8% global share, with an expected CAGR of 4.3%, driven by increasing home renovation and modular kitchen adoption.

Top 5 Major Dominant Countries in the Kitchen Segment

  • United States: USD 58,300 million market size in 2025 with 31.4% segment share, growing at a CAGR of 4.2% due to strong remodeling culture and premium product adoption.
  • China: USD 42,100 million in 2025 with 22.7% segment share, CAGR 4.8%, supported by urban apartment refurbishments and rising disposable incomes.
  • Germany: USD 18,600 million in 2025, 10% share, CAGR 3.9%, driven by demand for energy-efficient appliances and sustainable materials.
  • United Kingdom: USD 16,800 million in 2025, 9.1% share, CAGR 4.1%, benefiting from high kitchen refurbishment cycles.
  • Japan: USD 14,700 million in 2025, 7.9% share, CAGR 4.0%, supported by compact, space-optimized designs.

Home Decor: Digital tools guide 68 percent of décor decisions. DIY décor initiatives have risen with video tutorial use up 50 percent and eco-friendly décor elements up 20 percent adoption.

The home décor segment will reach USD 168,500 million in 2025, representing 18% of the total market, expanding at a CAGR of 4.0% as consumer preferences lean toward aesthetic and personalized interiors.

Top 5 Major Dominant Countries in the Home Decor Segment

  • United States: USD 54,000 million in 2025, 32% share, CAGR 4.1%, fueled by seasonal décor trends and e-commerce penetration.
  • China: USD 36,900 million in 2025, 21.9% share, CAGR 4.5%, led by middle-class growth and urban housing expansions.
  • India: USD 18,000 million in 2025, 10.7% share, CAGR 5.1%, supported by rising millennial homeownership.
  • Germany: USD 15,400 million in 2025, 9.1% share, CAGR 3.8%, reflecting sustainability-oriented décor demand.
  • France: USD 14,100 million in 2025, 8.4% share, CAGR 3.9%, driven by modern and classic design integration.

Painting: activity correlates with the overall 4 percent increase in remodeling costs; labor-intensive paint jobs contribute to rising average project price.

The global Painting segment in home improvement is estimated to reach USD 132,964.09 million in 2025, representing 14.2% market share, and is expected to grow at a CAGR of 4.15% through 2034.

Top 5 Major Dominant Countries in the Painting Segment

  • United States – USD 39,889.2 million market size in 2025 with 30% share in Painting segment, expected to grow at a steady 4.12% CAGR, driven by premium and eco-friendly coating demand.
  • China – USD 26,592.8 million in 2025, holding 20% market share in Painting, expanding at a CAGR of 4.28% supported by urban construction and renovation activities.
  • Germany – USD 13,296.4 million in 2025, capturing 10% of global Painting market, projected to register 4.10% CAGR fueled by sustainable and low-VOC paint demand.
  • India – USD 11,966.8 million in 2025 with 9% market share in Painting, expected to see the fastest CAGR at 4.35% due to residential expansion and middle-class housing growth.
  • United Kingdom – USD 9,307.5 million in 2025, representing 7% share in Painting, growing at 4.05% CAGR, supported by both DIY culture and home refurbishment projects.

Tools and Hardware: purchases rose 0.8 percent month-over-month. Online share of tool hardware purchases stands at 29 percent, while traditional stores hold 72 percent DIY channel share.

The Tools and Hardware segment is valued at USD 103,919.76 million in 2025, accounting for 11.1% share, and is projected to grow at a CAGR of 3.96% through 2034.

Top 5 Major Dominant Countries in the Tools and Hardware Segment

  • United States – USD 31,175.9 million in 2025, holding 30% share in Tools and Hardware, with a 3.95% CAGR supported by strong DIY market and contractor equipment needs.
  • China – USD 20,783.9 million in 2025, representing 20% market share, expected to grow at 4.02% CAGR, driven by manufacturing strength and domestic infrastructure growth.
  • Japan – USD 10,391.98 million in 2025, accounting for 10% share, growing at 3.90% CAGR, backed by quality tool demand and aging housing stock renovations.
  • Germany – USD 8,313.58 million in 2025 with 8% market share, projected to register a 3.87% CAGR, led by high-end precision tool consumption.
  • India – USD 7,274.38 million in 2025, holding 7% market share, with a 4.15% CAGR supported by rapid construction growth and expanding retail hardware market.

Plumbing Equipment: Aging homes (median age over 40 years) drive plumbing upgrades. Permanent modifications via professional DIFM segment contributed to $361 billion of remodeling market value.

The plumbing equipment segment in the global home improvement market is projected at USD 112.4 billion in 2025, representing 12.0% share and growing at a CAGR of 3.8% through 2034, driven by renovations and water-efficient systems.

Top 5 Major Dominant Countries in the Plumbing Equipment Segment

  • United States – Expected at USD 28.7 billion in 2025 with 25.5% share of global plumbing equipment, expanding at 3.6% CAGR, supported by replacement demand and new housing construction.
  • China – Estimated at USD 19.2 billion with 17.1% share, growing at 4.2% CAGR due to urbanization and rapid residential building projects across major provinces.
  • Germany – Forecast at USD 11.5 billion with 10.2% share, seeing 3.4% CAGR, bolstered by eco-friendly plumbing installations and government water conservation programs.
  • India – Projected at USD 9.8 billion with 8.7% share, expanding at 4.5% CAGR as urban household penetration and smart plumbing solutions gain traction.
  • Japan – Expected at USD 8.6 billion with 7.6% share, registering 3.1% CAGR on the back of high-quality bathroom and kitchen fixture upgrades.

Building Materials: Account for over 50 percent of DIY market share in 2024; building materials remain essential to all segments.

The building materials segment is valued at USD 198.7 billion in 2025, making up 21.2% of the global home improvement market, with an expected CAGR of 4.1% through 2034. Growth is fueled by remodeling projects, eco-friendly construction, and premium material adoption.

Top 5 Major Dominant Countries in the Building Materials Segment

  • United States – USD 47.3 billion in 2025 (23.8% share), growing at 4.0% CAGR, supported by strong renovation spending and sustainable building material demand.
  • China – USD 41.5 billion (20.9% share), expanding at 4.5% CAGR, driven by large-scale infrastructure and residential upgrades.
  • Germany – USD 19.6 billion (9.9% share), increasing at 3.8% CAGR, with demand focused on energy-efficient insulation and structural components.
  • India – USD 16.4 billion (8.3% share), advancing at 4.6% CAGR with urban housing schemes boosting building product sales.
  • Japan – USD 13.9 billion (7.0% share), at 3.5% CAGR, with emphasis on earthquake-resistant and premium aesthetic materials.

Flooring: Sustainable flooring adoption increased 15 percent; flooring holds a key role in eco-aware renovations.

The flooring segment accounts for USD 145.2 billion in 2025, or 15.5% of the market, projected to grow at 4.3% CAGR driven by demand for luxury vinyl tiles, hardwood, and sustainable flooring options.

Top 5 Major Dominant Countries in the Flooring Segment

  • United States – USD 34.9 billion (24.0% share), at 4.2% CAGR, led by high-end residential renovation projects.
  • China – USD 28.3 billion (19.5% share), with 4.7% CAGR, driven by large housing construction volumes.
  • Germany – USD 13.7 billion (9.4% share), at 4.1% CAGR, with premium parquet and eco-friendly laminate flooring leading demand.
  • India – USD 11.1 billion (7.6% share), growing at 4.8% CAGR, supported by rising middle-class spending power.
  • Japan – USD 9.6 billion (6.6% share), at 3.6% CAGR, with demand for anti-slip and easy-maintenance surfaces.

Lighting: Energy-efficient lighting installations contribute to eco-friendly uptake, within the 20 percent eco-material usage increase.

Lighting solutions are valued at USD 102.8 billion in 2025, making up 11.0% of the home improvement market, expanding at 4.4% CAGR due to LED adoption, smart lighting systems, and energy efficiency upgrades.

Top 5 Major Dominant Countries in the Lighting Segment

  • United States – USD 25.8 billion (25.1% share), at 4.3% CAGR, led by smart home integration.
  • China – USD 21.7 billion (21.1% share), growing at 4.8% CAGR, fueled by commercial-residential hybrid lighting demand.
  • Germany – USD 9.8 billion (9.5% share), at 4.0% CAGR, with architectural and decorative lighting upgrades prominent.
  • India – USD 8.4 billion (8.2% share), at 4.9% CAGR, as LED penetration in rural and urban households increases.
  • Japan – USD 7.9 billion (7.7% share), at 3.7% CAGR, supported by high-end design-focused lighting solutions.

Electrical Work: Smart home integration—leading trend—drives electrical and automation upgrades; adoption reflected in smartphone-influenced decisions (68 percent) and rising smart system integration stats.

The electrical work segment is estimated at USD 88.4 billion in 2025, capturing 9.4% of the market, with a 4.0% CAGR forecast through 2034, driven by smart wiring, home automation, and electrical safety upgrades.

Top 5 Major Dominant Countries in the Electrical Work Segment

  • United States – USD 21.6 billion (24.4% share), with 4.1% CAGR, dominated by rewiring and smart home installations.
  • China – USD 18.4 billion (20.8% share), at 4.5% CAGR, driven by modern housing developments.
  • Germany – USD 8.2 billion (9.3% share), at 3.8% CAGR, focused on energy-efficient electrical retrofits.
  • India – USD 7.1 billion (8.0% share), with 4.6% CAGR, aided by urban housing electrification projects.
  • Japan – USD 6.4 billion (7.2% share), at 3.4% CAGR, driven by safety and compliance upgrades.

Others: Miscellaneous upgrades (landscaping, structural) reflect in outdoor improvement figures and the 27 percent inflation-adjusted spend increase since 2019.

The "Others" category, including niche home improvement products like smart appliances, storage solutions, and gardening equipment, is valued at USD 87.9 billion in 2025, comprising 9.4% of the global market, growing at 4.2% CAGR.

Top 5 Major Dominant Countries in the Others Segment

  • United States – USD 22.4 billion (25.5% share), at 4.0% CAGR, driven by outdoor living and smart storage systems.
  • China – USD 19.1 billion (21.7% share), with 4.6% CAGR, supported by multifunctional and space-saving products.
  • Germany – USD 8.4 billion (9.5% share), at 3.7% CAGR, emphasizing design-oriented and eco-friendly solutions.
  • India – USD 7.0 billion (8.0% share), at 4.7% CAGR, led by compact and affordable modular setups.
  • Japan – USD 6.6 billion (7.5% share), at 3.5% CAGR, with high demand for tech-integrated home accessories.

BY APPLICATION

DIY: projects constitute 55 percent of all renovation activity. Average homeowner DIY spend is around $4,000 annually. Digital tools influence 68 percent of DIY decisions, video tutorials up 50 percent, and eco-material choices up 20 percent. Hardware purchases reflect 29 percent online share, with building materials constituting over 50 percent of DIY purchase volume.

The DIY segment of the home improvement market is estimated at USD 345.8 billion in 2025, accounting for 37.0% of total market value, and projected to grow at a CAGR of 3.4% through 2034.

Top 5 Major Dominant Countries in the DIY Segment

  • United States – USD 127.4 billion (36.8% share), CAGR 3.2%, benefiting from strong retail home improvement chains and high consumer spending.
  • Germany – USD 32.6 billion (9.4% share), CAGR 2.8%, supported by DIY culture and a robust hardware retail network.
  • United Kingdom – USD 28.3 billion (8.2% share), CAGR 3.0%, driven by home renovation TV/media influence and online product accessibility.
  • France – USD 24.7 billion (7.1% share), CAGR 2.9%, with trends toward eco-friendly and energy-efficient self-installation solutions.
  • Canada – USD 20.9 billion (6.0% share), CAGR 3.1%, supported by suburban housing upgrades and seasonal maintenance projects.

DIFM (Do-It-For-Me): Professional projects represent $361.2 billion in 2024. Average pro project cost is $7,800, with 44 percent exceeding $50,000. Homeowners prefer DIFM due to aging homes and project complexity; pro market growth expected ahead of consumer markets.

The professional renovation segment is valued at USD 589.6 billion in 2025, representing 63.0% of the total market, with a CAGR of 4.1% through 2034.

Top 5 Major Dominant Countries in the Professional Renovation Segment

  • China – USD 142.6 billion (24.2% share), CAGR 4.4%, led by extensive urban development and premium housing refurbishments.
  • United States – USD 128.3 billion (21.8% share), CAGR 3.9%, with sustained demand for kitchen, bathroom, and basement renovations.
  • India – USD 47.2 billion (8.0% share), CAGR 4.8%, fueled by rapid urbanization and luxury apartment finishing.
  • Japan – USD 41.6 billion (7.1% share), CAGR 3.5%, supported by seismic retrofitting and space optimization projects.
  • Germany – USD 35.8 billion (6.1% share), CAGR 3.3%, driven by heritage building upgrades and energy efficiency programs.

Home Improvement Market Regional Outlook

The Home Improvement Market shows strong regional variance. North America leads in total share and advanced DIY infrastructure. Europe sees rising eco and digital engagement. Asia-Pacific is the fastest-growing region, driven by rising middle-class adoption. Middle East & Africa trails but shows early urban renovation trends.

NORTH AMERICA

Global Home Improvement Market Share, by Type 2035

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holds approximately 44 percent of DIY home improvement market share in 2024. The U.S. home improvement products market reached $574.3 billion in 2024, rising by 3.7 percent year-on-year. Professional market value accounted for $361.2 billion, while consumer DIY segment made up the remainder. Remodeling expenditure in Q1 2025 hit $513 billion, with projection climbing to $526 billion by Q1 2026. Materials and garden supply retail sales rose 0.8 percent from March and 3.2 percent year-on-year, driven by high labor costs that pushed remodeling costs up nearly 4 percent. The median age of homes in the U.S. exceeds 40 years, fueling urgent maintenance and upgrade demand. Kitchens make up 30 percent of renovations, and eco-materials usage rose 20 percent in 2023.

The North America home improvement market is estimated at USD 284.7 billion in 2025, holding a 30.4% share of the global market, and is projected to grow at a CAGR of 3.9% through 2034.

Top Contributing Countries:

  • United States – USD 236.8 billion (83.2% regional share), CAGR 3.8%
  • Canada – USD 35.4 billion (12.4%), CAGR 4.1%
  • Mexico – USD 12.5 billion (4.4%), CAGR 4.3%

EUROPE

Home Improvement Market shows rising consumer interest in renovations. In the UK, the market was valued at £11.2 billion in 2024, with floors sales growing 72.1 percent between 2020 and 2025. By 2027, nearly seven million UK homeowners intend to renovate, averaging £14,000 per project. Projects like loft conversions may cost £45,000, while new kitchens average up to £30,000, and full 3-bed refurbishments often range from £43,530 to £110,350. New bathroom searches averaged 89.81 monthly searches in 2025, and kitchen renovation searches at 83.25. Woods, roof repairs, and damp treatments cost between £400 and £50,000, depending on severity.

Europe’s home improvement market is valued at USD 253.2 billion in 2025, accounting for 27.1% share globally, and is expected to expand at a CAGR of 3.6%.

Top Contributing Countries:

  • Germany – USD 64.1 billion (25.3%), CAGR 3.5%
  • United Kingdom – USD 52.7 billion (20.8%), CAGR 3.7%
  • France – USD 44.6 billion (17.6%), CAGR 3.4%
  • Italy – USD 35.8 billion (14.1%), CAGR 3.5%
  • Spain – USD 28.3 billion (11.2%), CAGR 3.6%

ASIA-PACIFIC

stands as the fastest-growing region in the DIY Home Improvement Market, though exact share figures are not detailed in the cited report. Approximately 9.71 percent growth trajectory is attributed to rising middle-class DIY interest and adoption of Western-style décor and renovation patterns. Building materials accounted for 52.13 percent of DIY market share globally in 2024. Online and omnichannel distribution are driving growth, with APAC showing strong e-commerce traction alongside AR-based planning tools (+0.7 percent global impact). Urban centers in APAC are increasingly influenced by social media and influencer-led DIY trends (+0.9 percent global impact). Aging housing in North America/Europe is a driver; APAC uptake is propelled by emerging housing revamps.

Asia-Pacific is projected at USD 281.4 billion in 2025, securing 30.1% of the global share, with the fastest regional CAGR of 4.4%.

Top Contributing Countries:

  • China – USD 119.6 billion (42.5%), CAGR 4.5%
  • Japan – USD 54.3 billion (19.3%), CAGR 3.2%
  • India – USD 42.7 billion (15.2%), CAGR 4.9%
  • Australia – USD 29.6 billion (10.5%), CAGR 3.9%
  • South Korea – USD 23.5 billion (8.4%), CAGR 3.8%

MIDDLE EAST & AFRICA

numbers remain less prominent but urbanization and modern housing stock turnover are raising home improvement needs. While explicit percentage or share figures are not available, anecdotal evidence shows increased energy efficiency retrofits and smart installations in gulf-region cities. Demand for accessible upgrades is growing in aging suburban areas. Digital planning tools and smartphone influence are expanding, with 68 percent use recorded in global markets; similar adoption is emerging.

Middle East & Africa’s home improvement market is estimated at USD 59.4 billion in 2025, holding 6.3% global share, and is projected to grow at CAGR 3.7%.

Top Contributing Countries:

  • United Arab Emirates – USD 14.2 billion (23.9%), CAGR 3.9%
  • Saudi Arabia – USD 13.7 billion (23.0%), CAGR 3.8%
  • South Africa – USD 9.6 billion (16.2%), CAGR 3.6%
  • Egypt – USD 7.1 billion (12.0%), CAGR 3.5%

List of Top Home Improvement Companies

  • The Home Depot U.S.A. Inc.
  • Kingfisher Plc
  • Hornbach Holding AG & Co. KGaA Group
  • Lowe's Companies Inc.
  • Wesfarmers Limited (Bunnings Warehouse)
  • M Company
  • Ace Hardware Corporation
  • Groupe Adeo SA
  • Menards Inc.
  • OBI Group Holding SE & Co.KGaA

The Home Depot U.S.A., Inc. – Commands a leading market share in U.S. product retailing, influencing materials and garden supplies growth of 3.2 percent year-on-year.

Lowe’s Companies, Inc. – Represents a significant share of DIY market; large-project sales comprise 75 percent of DIY volume, and investment in digital and contractor channels reflects its competitive positioning.

Investment Analysis and Opportunities

Investment in the Home Improvement Market centers on modernization opportunities and financing patterns. Remodeling spending is projected to reach $608 billion in 2025, supported by 27 percent inflation-adjusted increase since 2019, and strong homeowner equity. Listings of remodeled homes garner 26 percent more saves and 30 percent more shares, making renovation a clear value play. Market segments like kitchen remodeling (30 percent of projects) offer 70 percent ROI.

Digital tools influence 68 percent of decisions, and eco material use rose 20 percent, indicating rising investor appetite for technology and sustainability-driven products. The DIFM segment, valued at $361.2 billion, points to high professional service demand. Pro projects average $7,800, with 44 percent exceeding $50,000, highlighting high-ticket service potential.

New Product Development

Innovation in the Home Improvement Market is vibrant. Smartphone apps now influence 68 percent of project decisions, reflecting demand for digital planning tools. Adoption of AR-based project-planning apps, contributing +0.7 percent to global DIY growth, underlines tech integration. Sustainable flooring solutions rose 15 percent, while eco-friendly materials usage up 20 percent shows green innovation traction.

Smart home system installations, driven by security and energy efficiency, increase electrical retrofit activity, paralleling DIY share of 55 percent. Video tutorials, up 50 percent, fuel DIY competence and support product adoption. Hardware and tool suppliers expanding online share (currently 29 percent) respond with platform enhancements and virtual showrooms. Building materials remain central (over 50 percent DIY share), prompting innovations in lightweight, efficient, durable materials.

Five Recent Developments

  • April 2025: Building materials and garden supply retail sales rose 0.8 percent month-over-month and 3.2 percent year-over-year.
  • Q1 2025: Remodeling costs increased nearly 4 percent from a year earlier; home improvement spending in Q1 reached $513 billion, projected to $526 billion by Q1 2026.
  • 2025 Outlook: Home Improvement Products Market expanded 3.7 percent in 2024 to $574.3 billion, with growth forecast at 3.4 percent in 2025.
  • Remodeling Market: Remodeling spending expected to reach $608 billion in 2025, with inflation-adjusted 27 percent increase since 2019.
  • Market Forecast Revision: U.S. market reached $574.3 billion in 2024 and is projected to grow by 3.4 percent in 2025, revised downward from 5 percent earlier.

Report Coverage of Home Improvement Market

This Home Improvement Market Report provides comprehensive coverage across global and regional markets, including sector segmentation, project types, end-use categories, distribution channels, and digital influence metrics. It presents figures such as the $894.2 billion global market size in 2024, $574.3 billion U.S. product market, and $608 billion remodeling forecast for 2025. The report outlines channel segmentation: 55 percent DIY vs. $361.2 billion DIFM, and distribution share with 72 percent via DIY/Big-box stores and 29 percent via online.

Type segmentation covers Kitchen (30 percent), Flooring, Building Materials (>50 percent DIY share), Lighting, and Tools & Hardware. Application segmentation spans urban/rural and professional vs. consumer markets. Regional coverage includes North America’s 44 percent share, Europe’s UK-specific project cost metrics, and Asia-Pacific’s high growth trajectory. Key trend data includes 20 percent eco-material uptake, 50 percent video tutorial increase, 68 percent smartphone‐influenced decisions, and 27 percent inflation-adjusted spend uptick. Forecast outlook includes U.S. remodeling values through Q1 2026, and projections of $526 billion, giving readers actionable insight.

Home Improvement Market Report Coverage

REPORT COVERAGE DETAILS

Market Size Value In

USD 972969.66 Million in 2026

Market Size Value By

USD 1386038.09 Million by 2035

Growth Rate

CAGR of 4.01% from 2026 - 2035

Forecast Period

2026 - 2035

Base Year

2025

Historical Data Available

Yes

Regional Scope

Global

Segments Covered

By Type :

  • Kitchen
  • Home Decor
  • Painting
  • Tools and Hardware
  • Plumbing Equipment
  • Building Materials
  • Flooring
  • Lighting
  • Electrical Work
  • Others

By Application :

  • DIY
  • DIFM

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Frequently Asked Questions

The global Home Improvement Market is expected to reach USD 1386038.09 Million by 2035.

The Home Improvement Market is expected to exhibit a CAGR of 4.01% by 2035.

The Home Depot U.S.A., Inc.,Kingfisher Plc,Hornbach Holding AG & Co. KGaA Group,Lowe's Companies, Inc.,Wesfarmers Limited (Bunnings Warehouse),M Company,Ace Hardware Corporation,Groupe Adeo SA,Menards, Inc.,OBI Group Holding SE & Co.KGaA.

In 2025, the Home Improvement Market value stood at USD 935457.8 Million.

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