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Home Improvement Market Share

Report ID: GMI3251
Published Date: Jun 2024
Report Format: PDF

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Home Improvement Market Share

The home improvement industry is highly fragmented in nature due to the presence of local and global players. In 2023, the market players, such as The Home Depot, Lowe's Companies, Masco Corporation, Stanley Black & Decker and Sherwin-Williams, collectively held around 5%-10% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions and facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

Home Improvement Market Companies

Major players operating in the home improvement industry are:

American Exteriors
Belfor
Coit Services, Inc.
Crane Renovation Group
DKI Ventures, LLC
FirstService Corporation
Henkel Corporation
Kohler
Lowe's Companies
Masco Corporation
Mr. Handyman
Neil Kelly Company
Sherwin-Williams
Stanley Black & Decker
The Home Depot
Venturi Restoration

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Global home improvement market was valued at USD 857.6 billion in 2023 and is estimated to grow at 6% CAGR during 2024-2032 due to rapid urbanization in developing economies.

The exterior replacements segment accounted for 18.1% of the market share in 2023 due to changing customer preferences for outdoor leisure activities.

The U.S. home improvement industry accounted for USD 392.9 billion in 2023, attributed to expanding construction sector and the rise in construction expenditure.

American Exteriors, Belfor, Coit Services, Inc, Crane Renovation Group, DKI Ventures, LLC, FirstService Corporation, Henkel Corporation, Kohler, Lowe's Companies, Masco Corporation, Mr. Handyman, Neil Kelly Company among others.