Home Improvement Market | Industry Size , Significant Growth And Forecast 2027

Home Improvement Market Overview:

For the global industry’s Home Improvement market analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to supplement existing data, segment the market, estimate overall market size, and anticipate market size and growth rate.

Primary and secondary research is used to identify market leaders, while primary and secondary research is used to assess market revenue. In-depth interviews with important thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, were conducted as part of the core research. Primary research comprised in-depth interviews with key thought leaders and industry professionals, such as experienced front-line staff, CEOs, and marketing executives, while secondary research included a review of the main manufacturers’ annual and financial reports. Secondary data is used to calculate global market percentage splits, market shares, growth rates, and breakdowns, which are then compared to primary data.

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Home Improvement Market is anticipated to reach US$ 987.80 Bn by 2027 from US$ 762.90 Bn in 2020 at a CAGR of 4.4% during a forecast period.

Market Scope:

By defining and assessing market segments and predicting market size, the study aids comprehension of the Global Home Improvement Market dynamic structure. In addition, the report includes a competitive analysis of significant firms based on pricing, financial state, application expansion ambitions, and geographical presence. The research also includes a PESTLE analysis to help shareholders prioritize their efforts and investments in the Global Home Improvement Market.

External and internal factors that are predicted to have a positive or negative impact on enterprises have been researched, presenting decision-makers with a clear picture of the sector’s future. By studying market segments and projecting Home Improvement Market size, the study also assists in understanding the dynamic structure of the Global Home Improvement Market. The study acts as a resource for investors by depicting the competitive analysis of prominent businesses in the Global Home Improvement Market based on price, financial status, growth strategies, and geographical presence.


The growing demand for easy additions like self-regulating dispensers, motion-sensing water faucets, and chillers with a one-touch function has led to an increase in the popularity of smart kitchens in home remodelling. The market is also anticipated to grow as a result of effective links to the outdoors, new appliance types and preferences, hardwood flooring, backsplash trends, and efficient storage cabinets. The cost of home improvements is increasing among millennials as a result of rising mortgage and interest rates as well as the price of new homes.


According to Project, the DIY home improvement market was valued at USD 290 billion in 2020, and through 2027, it is anticipated to grow at a CAGR of 4.5 percent. The rapid expansion of e-commerce sales channels has increased the demand for DIY home improvement solutions. Since DIY allows for cost savings, satisfaction, and customization of projects, the majority of customers prefer it. These initiatives only involve end users; no other third parties are involved. The availability of psychological advantages that foster social connection, the growth of numerous talents, high adaptability, and effective resource use are anticipated to boost the segment’s growth.

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Key Players: The key players are

• Belfor
• Coit Services, Inc.
• Crane Renovation Group
• DKI Ventures, LLC
• FirstService Corporation
• Mr. Handyman
• Power Home Remodeling Group, LLC
• Rainbow Restoration
• Servpro
• Venturi Restoration
• Pella Corporation
• Kohler
• ABC Supply Co.
• Neil Kelly Company
• Henkel Corporation
• American Exteriors

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Regional Analysis:

An study of the Home Improvement Market at the national level focuses on categories indicated as potentially high-growth, nations with the biggest market share, and countries with the highest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the Home Improvement Market study.

COVID-19 Impact Analysis on Home Improvement Market: The report covers COVID-19 impact on Home Improvement market.

Key Questions Answered in the Home Improvement Market Report are:

  • What will be the Home Improvement market’s CAGR throughout the projected period?
  • Which market category emerged as the market leader in the Home Improvement market?
  • Who are the key players in the Home Improvement market?
  • How big will the Home Improvement market be in 2027?
  • Which firm had the biggest market share in the Home Improvement market?

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