Home Remodeling Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Material Used, By Application, By Region & Competition, 2020-2030F

Description

The Global Home Remodeling Market was valued at USD 510.6 billion in 2024 and is projected to reach USD 674.8 billion by 2030, growing at a CAGR of 4.6% during the forecast period. Market growth is driven by multiple factors, including aging housing infrastructure in developed nations, increasing homeownership, and rapid urbanization across emerging economies. Many homes in regions such as North America and Western Europe are over 30 years old and require updates to align with modern standards for energy efficiency, comfort, and design. Technological innovations are also reshaping renovation practices, with smart home features and sustainable materials gaining traction. As homeowners seek to enhance property value, safety, and livability, the demand for comprehensive remodeling services continues to expand. Strategic investments by key players in synthetic materials and smart solutions further reflect the evolving dynamics of the market.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 510.6 Billion
Market Size 2030	USD 674.8 Billion
CAGR 2025-2030	4.6%
Fastest Growing Segment	Wood
Largest Market	North America

Key Market Drivers

Aging Housing Infrastructure and Rising Need for Renovation

A key driver of growth in the global home remodeling market is the widespread aging of residential properties in developed regions. In countries like the United States, a majority of homes were constructed before 2000, with a significant portion dating back to the mid-20th century. These older structures often require significant upgrades to comply with modern building codes, improve energy efficiency, and meet the changing preferences of homeowners. As a result, there is heightened demand for repairs, retrofitting, and modernization. A notable example includes James Hardie Industries' acquisition of Azek, a leading decking manufacturer, valued at USD 8.7 billion. This move aims to strengthen its position in the synthetic materials segment, with expected annual earnings growth of at least USD 350 million through operational and revenue synergies.

Key Market Challenges

Volatile Raw Material Prices and Supply Chain Disruptions

The global home remodeling market faces significant challenges due to fluctuating raw material prices and persistent supply chain disruptions. Essential construction inputs such as lumber, steel, cement, copper, fixtures, and coatings are subject to unpredictable price shifts driven by geopolitical tensions, trade constraints, climate impacts, and rising energy costs. These disruptions result in increased project costs, delays, and profit margin pressures for contractors and suppliers. Volatility in material availability and transportation also makes it difficult to plan and execute remodeling projects efficiently, particularly for smaller firms and in regions with limited local supply sources.

Key Market Trends

Growing Adoption of Smart Home Technology and Automation in Remodeling Projects

A major trend transforming the home remodeling sector is the growing integration of smart home and automation technologies into renovation projects. Modern homeowners increasingly prioritize digitally connected spaces that offer enhanced energy management, convenience, and security. Remodeling now often includes upgrades such as smart lighting systems, automated climate control, intelligent security solutions, and voice-activated appliances. These innovations are shifting consumer expectations and influencing design approaches, making tech-enabled features a core element of renovation plans. As digital infrastructure becomes more affordable and accessible, its incorporation into remodeling is set to accelerate across global markets.

Key Market Players

Andersen Corporation
CertainTeed Corporation
CRH plc
Fletcher Building Limited
James Hardie Industries
Jeld-Wen Holding, Inc.
Kohler Co.
Lowe's Companies, Inc.

Report Scope:

In this report, the Global Home Remodeling Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Home Remodeling Market, By Material Used:

Wood
Metal
Glass
Composite Materials
Natural Stone
Others

Home Remodeling Market, By Application:

Windows & Doors
Kitchen & Bathroom
Floor & Roof
Walls
Others

Home Remodeling Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
South America
- Brazil
- Colombia
- Argentina
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Home Remodeling Market.

Available Customizations:

Global Home Remodeling Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Home Remodeling Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Material Used (Wood, Metal, Glass, Composite Materials, Natural Stone, Others)
- 5.2.2. By Application (Windows & Doors, Kitchen & Bathroom, Floor & Roof, Walls, Others)
- 5.2.3. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)
5.3. By Company (2024)
5.4. Market Map

6. North America Home Remodeling Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Material Used
- 6.2.2. By Application
- 6.2.3. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Home Remodeling Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Material Used
    - 6.3.1.2.2. By Application
- 6.3.2. Canada Home Remodeling Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Material Used
    - 6.3.2.2.2. By Application
- 6.3.3. Mexico Home Remodeling Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Material Used
    - 6.3.3.2.2. By Application

7. Europe Home Remodeling Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Material Used
- 7.2.2. By Application
- 7.2.3. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Home Remodeling Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Material Used
    - 7.3.1.2.2. By Application
- 7.3.2. France Home Remodeling Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Material Used
    - 7.3.2.2.2. By Application
- 7.3.3. United Kingdom Home Remodeling Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Material Used
    - 7.3.3.2.2. By Application
- 7.3.4. Italy Home Remodeling Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Material Used
    - 7.3.4.2.2. By Application
- 7.3.5. Spain Home Remodeling Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Material Used
    - 7.3.5.2.2. By Application

8. Asia Pacific Home Remodeling Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Material Used
- 8.2.2. By Application
- 8.2.3. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Home Remodeling Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Material Used
    - 8.3.1.2.2. By Application
- 8.3.2. India Home Remodeling Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Material Used
    - 8.3.2.2.2. By Application
- 8.3.3. Japan Home Remodeling Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Material Used
    - 8.3.3.2.2. By Application
- 8.3.4. South Korea Home Remodeling Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Material Used
    - 8.3.4.2.2. By Application
- 8.3.5. Australia Home Remodeling Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Material Used
    - 8.3.5.2.2. By Application

9. Middle East & Africa Home Remodeling Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Material Used
- 9.2.2. By Application
- 9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Home Remodeling Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Material Used
    - 9.3.1.2.2. By Application
- 9.3.2. UAE Home Remodeling Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Material Used
    - 9.3.2.2.2. By Application
- 9.3.3. South Africa Home Remodeling Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Material Used
    - 9.3.3.2.2. By Application

10. South America Home Remodeling Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Material Used
- 10.2.2. By Application
- 10.2.3. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Home Remodeling Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Material Used
    - 10.3.1.2.2. By Application
- 10.3.2. Colombia Home Remodeling Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Material Used
    - 10.3.2.2.2. By Application
- 10.3.3. Argentina Home Remodeling Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Material Used
    - 10.3.3.2.2. By Application

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends and Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Company Profiles

13.1. Andersen Corporation
- 13.1.1. Business Overview
- 13.1.2. Key Revenue and Financials
- 13.1.3. Recent Developments
- 13.1.4. Key Personnel
- 13.1.5. Key Product/Services Offered
13.2. CertainTeed Corporation
13.3. CRH plc
13.4. Fletcher Building Limited
13.5. James Hardie Industries
13.6. Jeld-Wen Holding, Inc.
13.7. Kohler Co.
13.8. Lowe's Companies, Inc.