Home Improvement Market Size, Share, and Industry Analysis By Project (DIY and DIFM), By End Use (Bath Improvements & Additions, Kitchen Improvement & Additions, Exterior Replacements, Interior Replacements, Property Improvements, System Upgrades, and Others), and Regional Forecast till 2032

Region : Global | Report ID: FBI113207 | Status : Ongoing

KEY MARKET INSIGHTS

The global home improvement market is experiencing steady growth fueled by rising disposable incomes, aging housing infrastructure, and increased interest in personalization and energy efficiency. Consumers are increasingly putting money into kitchen and bath renovations, system upgrades, and building projects to improve comfort, convenience, and property value. Particularly in North America and Europe, government incentives and ecologically sensitive laws help to further advance sustainable improvements. Rapid urbanization and a rising middle class feed strong Asia-Pacific demand. As this trend changes home living spaces, demand for professional remodeling as well as DIY projects is growing.

According to the U.S. Census Bureau, 1,650,000 home renovation permits were issued in the U.S.

Home Improvement Market Driver

Urbanization and Aging Housing Stock, DIY Culture and Digital Resources, and Remote Work Trends to Boost Market Growth

Rapid urbanization, particularly in developing countries, combined with aging infrastructure in existing residences is pushing homeowners to put money toward upgrades. There is an increasing wish to modernize neglected locations with contemporary amenities as cities grow and living conditions rise. This trend drives demand for house makeover goods and services substantially.

The great availability of internet lessons, do-it-yourself content, and user-friendly tools has enabled people to handle home repair projects on their own. For homeowners, this do-it-yourself movement not only saves money but also fuels a consistent increase in retail tool, supply, and home design revenues. It is now a significant player in the general market growth.

With more emphasis on comfort and usefulness, the worldwide move toward remote work has changed how people use their living areas. Homeowners are today turning rooms into dedicated office spaces or repurposing them to help people achieve work-life balance and productivity. This change has caused a marked rise in residential projects aimed at maximizing home environments.

Home Improvement Market Restraint

Skilled Labor Shortage, Economic Uncertainty, and Supply Chain Disruptions May Affect Market Expansion

Finding enough trained labor is proving difficult for the home improvement industry to satisfy rising demand. This scarcity raises labor costs, so impacting general affordability for customers as well as postponing project completion.

Higher inflation and rising interest rates have curtailed consumer expenditure on non-essential items. Homeowners are thus delaying or reducing their home improvement plans, directly impacting market momentum.

The sector is still under pressure from interruptions in the global supply chain, which causes material availability delays and rising costs. Planning and budgeting for both builders and homeowners is made more difficult by these problems, which then restrict market expansion.

Home Improvement Market Opportunity

Emerging Markets, Sustainable and Eco-friendly Solutions, and Smart Home Integration to Offer New Market Avenues

Driven by fast urbanization, growing discretionary income, and a growing middle class, Asia-Pacific and Latin American countries are becoming major growth areas for the home improvement sector. These financial changes are driving modern residential improvements and lifestyle changes.

Rising interest in sustainability among residential owners translates into greater demand for energy-efficient restoration solutions and eco-friendly materials. For companies selling environmentally friendly goods that fit green awareness, this is opening up fresh doors.

The growing use of smart house solutions is changing the residential repair sector and allowing businesses to offer combined solutions that improve security, energy efficiency, and convenience. As technology and remodeling come together, creativity results that propel the market even further.

Segmentation

By Project	By End Use	By Geography
DIY DIFM	Bath Improvements & Additions Kitchen Improvement & Additions Exteriror Replacements Interiror Replacements Property Improvements System Upgrades Others	● North America (U.S. and Canada) South America (Brazil, Mexico, and the Rest of South America) Europe (U.K., Germany, France, Spain, Italy, Scandinavia, and the Rest of Europe) Middle East & Africa (South Africa, GCC, and Rest of the Middle East & Africa) Asia Pacific (Japan, China, India, Australia, Southeast Asia, and the Rest of Asia Pacific)

Key Insights

The report covers the following key insights:

Number of Home Renovation Permits Issued, By Major Nations
Spending Patterns on Renovation Projects Throughout Significant Areas
Major Market Drivers, Trends, and Investment Possibilities
Adopted business plans by major players and significant industry trends (Mergers, Acquisitions, Partnerships)
Overview: Government incentives for energy-efficient renovations and the regulatory scenario.

Analysis by Project

By project, the Home Improvement market is divided into DIY, and DIFM

Driven by better online lessons, cheap tools, and a growing hands-on home improvement culture, the Do It Yourself (DIY) sector is seeing strong growth. DIY projects are growing in popularity among customers looking for adaptable, affordable options.

Particularly among homeowners seeking professional quality and time-saving solutions, the Do-It-For-Me (DIFM) segment dominates the market. This sector is dominant because of greater disposable incomes and difficult remodeling requirements.

Analysis by End Use

By end use, the Home Improvement market is divided into bath improvements & additions, kitchen improvement & additions, exteriror replacements, interiror replacements, property improvements, system upgrades, and others

Driven by the rise of luxury and wellness-focused bathrooms, bath renovations and extensions make up a sizable portion of the residential improvement business. New fixtures, tiling, and storage ideas are frequently part of upgrades.

Among the most often requested restoration projects, supported by the need for contemporary, practical, and aesthetically appealing cooking areas, are kitchen improvement and expansion. Because of its influence on property value, this section is experiencing significant expansion.

For improving curb appeal and energy efficiency, outside replacements including windows, siding, and roof are imperative. Weather resilience requirements and decaying infrastructure generate significant demand in this area.

Regional Analysis

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Based on region, the Home Improvement market has been studied across North America, South America, Europe, the Middle East & Africa, and the Asia Pacific.

Habitat of strong market players, ingrained DIY culture, and deep disposable incomes keeps the home improvement sector in North America booming. Consumers buy upgrades largely due to the added value to property, convenience, and functionality. Ongoing renovation activity across metropolitan and suburban areas keeps the sector healthy.

An old housing stock and strong energy efficiency standards drive Europe's market for home improvements. Sustainable life is becoming more and more stressed, which drives capital in environmentally friendly materials and technology. The market steadily progresses as a result of policy backing and modernization needs.

Rising middle-class populations and fast urbanization are driving Asia Pacific, the fastest expanding market in home renovation. Countries like India and China are seeing significant demand as a result of government-sponsored housing programs and growing disposable incomes. For professional and do-it-yourself remodeling projects, the area offers great possibilities.

Key Players Covered

The report includes the profiles of the following key players:

Coit Services, Inc. – U.S.
Belfor – U.S.
Crane Renovation Group – U.S.
Dreamstyle Remodeling – U.S.
Rainbow Restoration – U.S.
ABC Supply Co. – U.S.
Pella Corporation – U.S.
Builders FirstSource – U.S.
American Exteriors – U.S.
Power Home Remodeling Group, LLC – U.S.

Key Industry Developments

In March 2024, aiming to solidify its presence in the professional contractor sector, Home Depot revealed the purchase of building supply distributor SRS Distribution for $18.25 billion.
In April 2025, Lowe's acquired Artisan Design Group for $1.325 billion, thereby improving its design, distribution, and installation services for interior finishes capabilities.
In February 2025, James Hardie Industries inked a six-year exclusive deal with David Weekley Homes, thus placing its fiber cement goods as the preferred choice for single-family homes in the U.S.