PUBLISHER: The Business Research Company | PRODUCT CODE: 1960610
PUBLISHER: The Business Research Company | PRODUCT CODE: 1960610
Home improvement services involve remodeling, restoring, and renovating residential structures, encompassing activities such as enhancing, modifying, tearing down, fixing, and altering existing structures.
The main types of home improvement services are kitchen renovation and addition, bathroom renovation and addition, exterior and interior replacements, system upgrades, and others. Kitchen renovation and addition refer to restoring something to its former beauty, not by radically altering it, but by making it as good as new. The services are provided in metro cities and other non-metro cities and towns to under 35, 35-54, 55-64, and above 65 age buyers.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs are impacting the home improvement services market by increasing costs of imported construction materials, fixtures, smart home components, and energy-efficient appliances used in renovation and system upgrade projects. Metro cities in North America and Europe are most affected due to reliance on imported fittings and electronic systems, while Asia-Pacific faces higher material input costs. These tariffs are raising project budgets and extending renovation timelines. However, they are also encouraging sourcing from local suppliers, boosting domestic manufacturing of home improvement materials, and supporting regional contractor ecosystems.
The home improvement services market research report is one of a series of new reports from The Business Research Company that provides home improvement services market statistics, including home improvement services industry global market size, regional shares, competitors with a home improvement services market share, detailed home improvement services market segments, market trends and opportunities, and any further data you may need to thrive in the home improvement services industry. This home improvement services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The home improvement services market size has grown strongly in recent years. It will grow from $381.88 billion in 2025 to $404.35 billion in 2026 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to growth in residential housing stock, rising disposable income among homeowners, increased spending on home remodeling, expansion of urban housing renovations, growing preference for personalized home interiors.
The home improvement services market size is expected to see strong growth in the next few years. It will grow to $507.28 billion in 2030 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to increasing investments in smart home technologies, rising focus on sustainable building materials, growing demand for home automation upgrades, expansion of renovation activity in non-metro regions, increasing need for accessibility-focused home improvements. Major trends in the forecast period include increasing demand for smart home renovation services, rising adoption of energy-efficient home upgrades, growing use of digital design and visualization tools, expansion of modular and prefabricated renovation solutions, enhanced focus on aging-in-place modifications.
The growing demand for home remodeling is expected to drive the expansion of the home improvement services market in the coming years. Home remodeling involves renovating real estate, including making alterations or enhancements to houses or other properties. Beyond residential buildings, remodeling can also include upgrades to commercial and business assets. For example, in June 2024, according to Statistics Finland, a Finland-based government agency, households spent EUR 5.2 billion (USD 5.66 billion) on renovating dwellings and residential buildings in 2023, marking a 2.7% increase compared to 2022. Therefore, the rising demand for home remodeling is contributing to the growth of the home improvement services market.
Major companies are placing increased focus on introducing innovative systems such as thermally insulated window & door systems. These systems minimize heat transfer through windows and doors, enhancing energy efficiency. For instance, in May 2023, Aluprof, a Poland-based company, introduced the MB-79N system, an evolution of previous systems with a starting UW of 0.72 W/m2K. The system offers flexibility in fabricating different types of windows and doors based on specific requirements for functionality, aesthetics, and thermal insulation.
In August 2023, Leaf Home, a US-based home improvement company, acquired Moore Construction for an undisclosed amount. This acquisition enhances Leaf Home's regional footprint in Texas, with a focus on roofing, siding, and window replacement services. The strategic merger bolsters Leaf Home's expansion efforts, enabling the company to establish a presence in new regions across the southern United States. Additionally, this move aligns with Leaf Home's objective of providing a comprehensive range of home improvement services on a national scale. Moore Construction is a US-based firm specializing in home remodeling.
Major companies operating in the home improvement services market include The Home Depot Inc., Lowe's Companies Inc., Lennar Corporation, Henkel Corporation, Sherwin-Williams Company, PulteGroup Inc., Toll Brothers Inc., Owens Corning, Masco Corporation, KB Home, Meritage Homes Corporation, JELD-WEN Inc., Andersen Corporation, FirstService Corporation, Servpro, Pella Corporation, Belfor, Trex Company Inc., Armstrong Flooring Inc., Power Home Remodeling Group LLC, Steves and Sons Inc., Mr. Handyman International LLC, Rainbow International Restoration, Dreamstyle Remodeling, Coit Services Inc., DKI Ventures LLC, Venturi Restoration, American Exteriors, Neil Kelly Company, Crane Renovation Group, Simpson Strong-Tie Company Inc., D.R. Horton Inc., MI Windows and Doors LLC, Ply Gem Holdings Inc., Whirlpool Corporation, Mohawk Industries Inc., USG Corporation
North America was the largest region in the home improvement services market share in 2025. The regions covered in the home improvement services market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the home improvement services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The home improvement services market includes revenues earned by entities by home improvement services such as fixing cracks, outdated architecture, or change the house's design. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Home Improvement Services Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses home improvement services market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for home improvement services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The home improvement services market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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