The Home Improvement Services Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Home Improvement Services Market?
The market size of the Home Improvement Services Global Market Report 2025 has seen significant growth recently. It is expected to expand from $362.06 billion in 2024 to $381.75 billion in 2025, showing a compound annual growth rate (CAGR) of 5.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Home Improvement Services Industry?
The Home Improvement Services Global Market Report 2025 predicts that by 2029, the market size will reach $479.05 billion, growing at a compound annual growth rate (CAGR) of 5.8%.
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What are the Key Growth Drivers Fueling the Home Improvement Services Market?
The key drivers in the home improvement services market are:
• Increasing demand for resilience and disaster-proofing in homes
• Growing trend towards adaptable living spaces
• Rapid urbanization and modern housing trends
• Surging focus on health and wellness in home improvement services
Global Market Segmentation: Identifying Major Home Improvement Services Industry Segments
The home improvement services market covered in this report is segmented –
1) By Type: Kitchen Renovation And Addition, Bathroom Renovation And Addition, Exterior And Interior Replacements, System Upgrades, Other Types
2) By City Type: Metro Cities, Other Non-Metro Cities And Towns
3) By Buyers Age: Under 35, 35-54, 55-64, Above 65
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What are the Emerging Trends Shaping the Future of the Home Improvement Services Market?
The key trends in the home improvement services market are:
• There is an increasing trend towards Eco-friendly and sustainable solutions in home improvement services.
• Smart home integration is becoming a significant emerging trend.
• Remote services and virtual consultations are on the rise.
• Health and wellness focused improvements, and outdoor living space enhancements are trending in the market.
Who Are the Top Competitors & Leading Players in the Home Improvement Services Market?
Major companies in the home improvement services market are:
• 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
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the home improvement services market share in 2024
