Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 340.81 million | USD 490.13 million | 4.65% | 2022 |
FrequentlyAsked Questions
Home improvement is a segment of the broader building & construction industry
The global home improvement market is expected to grow as a direct consequence of the surging rate of new homes or residential units.
According to study, the global home improvement market size was worth around USD 340.81 billion in 2022 and is predicted to grow to around USD 490.13 billion by 2030.
The CAGR value of home improvement market is expected to be around 4.65% during 2023-2030.
The global home improvement market will be led by Asia-Pacific during the forecast period.
The global home improvement market is led by players like Lowe's Companies, Inc., The Home Depot, Masco Corporation, Lumber Liquidators, Stanley Black & Decker, D.R. Horton, Sherwin-Williams, Fortune Brands Home & Security, Valspar, Trane Technologies, Whirlpool Corporation, Owens Corning, Mohawk Industries, Andersen Corporation, and Ecolab.
The report explores crucial aspects of the home improvement market including detailed discussion of existing growth factors and restraints while also browsing future growth opportunities and challenges that impact the market.
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