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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.
Worldwide home improvement market value from 2020 to 2027 (in billion USD)
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Other statistics that may interest you Home improvement in the U.S.
Overview
4
Retail
5
- Premium Statistic United States: top home improvement chains in 2022, by sales
- Premium Statistic United States: hardware store sales 1992-2022
- Basic Statistic United States: building material and garden equipment dealer sales 1992-2022
- Premium Statistic United States: paint and wallpaper store sales 1992-2022
- Premium Statistic United States: DIY sales 2023, by store type
Market leaders
7
- Premium Statistic United States: top hardware and home improvement retailers 2022, by sales
- Premium Statistic Home Depot: global net sales 2007-2023
- Premium Statistic Lowe's: global net sales 2007-2023
- Premium Statistic Ace Hardware: revenue worldwide 2007-2023
- Basic Statistic Home Depot and Lowe's: number of customer transactions globally 2011-2023
- Premium Statistic United States: number of stores of leading home improvement retailers 2022
- Premium Statistic Home Depot and Lowe's: average amount spent by consumers 2011-2023
Consumer behavior
6
- Basic Statistic Home renovators in the U.S. 2023, by generation
- Basic Statistic Frequency of renovations among homeowners who renovated 2015-2023
- Premium Statistic United States: top home improvement store chains 2024, by customer satisfaction
- Premium Statistic United States: home improvement products' popularity 2020-2023
- Basic Statistic United States: kitchen remodel motivations 2023-2024
- Basic Statistic United States: bathroom remodel motivations 2023
Smart homes
4
- Premium Statistic Revenue of the smart home industry in the U.S. 2019-2028
- Premium Statistic Smart home revenue in the United States 2019-2028, by segment
- Premium Statistic Ownership rate of smart appliances in the U.S. 2021-2023
- Basic Statistic Most well-known smart home brands in the United States 2023
Further related statistics
19
- Share of shoppers buying home improvement products online in Europe 2017, by country
- Leading 10 websites for purchasing home improvement products in Europe Q2 2018
- Leading home improvement brands in Denmark and Sweden Q3 2018
- Yearly profit of Løvenskiold Handel 2008-2021
- Top home improvement retailers in Canada 2013, by market share
- Purchase channels used to buy home improvement products in Europe 2014-2017
- Purchase channels used to buy toilets in Europe 2014-2017
- Distribution of French DIY market turnover 2017, by category
- Market shares of sales channels in the French DIY sector 2019
- Purchase channels used to buy home improvement products in Germany 2014-2017
- Purchase channels used to buy bathroom products in Europe 2014-2017
- Purchase channels used to buy baths in Europe 2014-2017
- Annual growth of the DIY retail market size in Japan 2012-2021
- Purchase channels used to buy bathroom furniture in Europe 2014-2017
- French DIY market turnover 2005-2019
- DCM Holdings' operating income FY 2016-2021
- Do-It-Yourself market distribution in the European Union (EU) 2016
- Growth rate of the DIY market in France 2016-2017
- Market size of power-driven hand tools worldwide by select market 2019-2025
Further Content: You might find this interesting as well
Statistics
- Share of shoppers buying home improvement products online in Europe 2017, by country
- Leading 10 websites for purchasing home improvement products in Europe Q2 2018
- Leading home improvement brands in Denmark and Sweden Q3 2018
- Yearly profit of Løvenskiold Handel 2008-2021
- Top home improvement retailers in Canada 2013, by market share
- Purchase channels used to buy home improvement products in Europe 2014-2017
- Purchase channels used to buy toilets in Europe 2014-2017
- Distribution of French DIY market turnover 2017, by category
- Market shares of sales channels in the French DIY sector 2019
- Purchase channels used to buy home improvement products in Germany 2014-2017
- Purchase channels used to buy bathroom products in Europe 2014-2017
- Purchase channels used to buy baths in Europe 2014-2017
- Annual growth of the DIY retail market size in Japan 2012-2021
- Purchase channels used to buy bathroom furniture in Europe 2014-2017
- French DIY market turnover 2005-2019
- DCM Holdings' operating income FY 2016-2021
- Do-It-Yourself market distribution in the European Union (EU) 2016
- Growth rate of the DIY market in France 2016-2017
- Market size of power-driven hand tools worldwide by select market 2019-2025
Statista. (May 18, 2021). Worldwide home improvement market value from 2020 to 2027 (in billion USD) [Graph]. In Statista. Retrieved June 01, 2024, from https://www.statista.com/statistics/1237157/home-improvement-market-value-worldwide/
Statista. "Worldwide home improvement market value from 2020 to 2027 (in billion USD)." Chart. May 18, 2021. Statista. Accessed June 01, 2024. https://www.statista.com/statistics/1237157/home-improvement-market-value-worldwide/
Statista. (2021). Worldwide home improvement market value from 2020 to 2027 (in billion USD). Statista. Statista Inc.. Accessed: June 01, 2024. https://www.statista.com/statistics/1237157/home-improvement-market-value-worldwide/
Statista. "Worldwide Home Improvement Market Value from 2020 to 2027 (in Billion Usd)." Statista, Statista Inc., 18 May 2021, https://www.statista.com/statistics/1237157/home-improvement-market-value-worldwide/
Statista, Worldwide home improvement market value from 2020 to 2027 (in billion USD) Statista, https://www.statista.com/statistics/1237157/home-improvement-market-value-worldwide/ (last visited June 01, 2024)
Worldwide home improvement market value from 2020 to 2027 (in billion USD) [Graph], Statista, May 18, 2021. [Online]. Available: https://www.statista.com/statistics/1237157/home-improvement-market-value-worldwide/