| Product Code: ETC13321445 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Home Improvement Services Market was valued at USD 235 Billion in 2024 and is expected to reach USD 344.33 Billion by 2031, growing at a compound annual growth rate of 5.40% during the forecast period (2025-2031).
The Global Home Improvement Services Market is a thriving industry driven by increasing urbanization, growing disposable incomes, and a rising trend towards renovation and remodeling activities. The market encompasses a wide range of services such as kitchen and bathroom remodeling, roofing, flooring, painting, and landscaping, among others. Key factors fueling market growth include the growing popularity of DIY projects, the aging housing stock in developed countries, and the increasing focus on energy-efficient upgrades. Technological advancements, such as the adoption of smart home solutions, are also influencing market dynamics. Key players in the industry include Home Depot, Lowe`s, Masco Corporation, Ferguson Enterprises, and Sherwin-Williams. The market is highly fragmented with both global and regional players competing to offer innovative services and capture a larger market share.
The Global Home Improvement Services Market is experiencing significant growth driven by the increasing trend of homeowners investing in property upgrades and renovations. Key trends include a growing preference for energy-efficient solutions, smart home technology integration, and sustainable materials. The rise of online platforms connecting homeowners with service providers is also reshaping the market landscape. Opportunities lie in catering to the aging population`s demand for home modifications for aging in place, as well as targeting the DIY segment with user-friendly tools and resources. Service providers can differentiate themselves by offering personalized solutions, innovative designs, and excellent customer service. Overall, the market is poised for continued expansion as consumers prioritize enhancing their living spaces for both comfort and resale value.
The Global Home Improvement Services Market faces several challenges, including intense competition among service providers, fluctuating raw material costs affecting pricing strategies, and the impact of economic conditions on consumer spending. Additionally, the industry is witnessing a shift towards sustainable and eco-friendly practices, requiring companies to invest in green technologies and meet evolving regulatory standards. Technological advancements and the rise of online platforms have also changed consumer behavior, leading to the need for service providers to adapt their marketing and service delivery strategies. Furthermore, the ongoing COVID-19 pandemic has disrupted supply chains, delayed projects, and altered consumer preferences towards more contactless services, presenting additional hurdles for companies operating in the home improvement sector.
The Global Home Improvement Services Market is primarily driven by increasing urbanization and rising disposable incomes, leading to higher demand for residential renovations and remodeling projects. Additionally, growing awareness about energy efficiency and sustainability is encouraging homeowners to invest in eco-friendly upgrades such as solar panels, energy-efficient appliances, and smart home technologies. The aging housing stock in many developed countries also plays a significant role in driving the market, as homeowners seek to modernize and maintain their properties. Furthermore, the popularity of DIY projects and the availability of online resources for home improvement ideas and tutorials are empowering consumers to undertake small-scale renovations themselves, contributing to the overall growth of the market.
Government policies related to the Global Home Improvement Services Market vary across regions, but common themes include regulations on building codes, permits, and environmental standards. In many countries, governments have implemented initiatives to promote sustainable construction practices, energy efficiency, and the use of eco-friendly materials in home improvement projects. Additionally, some governments offer tax incentives or rebates to encourage homeowners to invest in upgrades that contribute to overall energy savings and environmental conservation. As the demand for home improvement services continues to rise globally, governments are increasingly focusing on ensuring that these services adhere to safety regulations, quality standards, and sustainable practices to support long-term growth in the industry while also promoting environmental sustainability.
The Global Home Improvement Services Market is poised for significant growth in the coming years due to several key factors. Increasing disposable income levels, urbanization, and a growing trend towards home renovation and remodeling projects are driving the demand for home improvement services worldwide. Additionally, technological advancements such as virtual reality tools for home design and smart home innovations are expected to further fuel market growth. The aging housing stock in many developed countries also presents opportunities for renovation and repair services. As consumers increasingly prioritize comfort, aesthetics, and sustainability in their homes, the market for home improvement services is likely to expand, with a particular emphasis on eco-friendly and energy-efficient solutions. Overall, the Global Home Improvement Services Market is projected to experience steady growth in the foreseeable future.
In the Global Home Improvement Services Market, Asia is expected to witness significant growth due to rapid urbanization and rising disposable incomes driving demand for home renovations. North America is a mature market with a focus on sustainable and eco-friendly solutions. Europe is experiencing a trend towards DIY home improvement projects, bolstered by a growing interest in home customization and personalization. The Middle East and Africa region is seeing an uptick in home improvement services as a result of increasing urbanization and a growing middle-class population. Latin America is poised for growth with a surge in residential construction activities and a preference for modernizing existing homes. Overall, the global market for home improvement services is diverse, with each region exhibiting unique trends and opportunities for market players to capitalize on.
Global Home Improvement Services Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Home Improvement Services Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Home Improvement Services Market Revenues & Volume, 2021 & 2031F |
3.3 Global Home Improvement Services Market - Industry Life Cycle |
3.4 Global Home Improvement Services Market - Porter's Five Forces |
3.5 Global Home Improvement Services Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Home Improvement Services Market Revenues & Volume Share, By Service Type, 2021 & 2031F |
3.7 Global Home Improvement Services Market Revenues & Volume Share, By Expertise Level, 2021 & 2031F |
3.8 Global Home Improvement Services Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Global Home Improvement Services Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Home Improvement Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Home Improvement Services Market Trends |
6 Global Home Improvement Services Market, 2021 - 2031 |
6.1 Global Home Improvement Services Market, Revenues & Volume, By Service Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Home Improvement Services Market, Revenues & Volume, By Plumbing Services, 2021 - 2031 |
6.1.3 Global Home Improvement Services Market, Revenues & Volume, By Electrical Work, 2021 - 2031 |
6.1.4 Global Home Improvement Services Market, Revenues & Volume, By Interior Renovation, 2021 - 2031 |
6.1.5 Global Home Improvement Services Market, Revenues & Volume, By Landscaping Services, 2021 - 2031 |
6.2 Global Home Improvement Services Market, Revenues & Volume, By Expertise Level, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Home Improvement Services Market, Revenues & Volume, By Licensed and Certified, 2021 - 2031 |
6.2.3 Global Home Improvement Services Market, Revenues & Volume, By Basic and Advanced Wiring, 2021 - 2031 |
6.2.4 Global Home Improvement Services Market, Revenues & Volume, By Full-scale and Partial, 2021 - 2031 |
6.2.5 Global Home Improvement Services Market, Revenues & Volume, By Hardscaping and Softscaping, 2021 - 2031 |
6.3 Global Home Improvement Services Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Home Improvement Services Market, Revenues & Volume, By Homeowners and Landlords, 2021 - 2031 |
6.3.3 Global Home Improvement Services Market, Revenues & Volume, By Residential and Commercial Clients, 2021 - 2031 |
6.3.4 Global Home Improvement Services Market, Revenues & Volume, By DIY and Professional Remodeling Clients, 2021 - 2031 |
6.3.5 Global Home Improvement Services Market, Revenues & Volume, By Garden Owners, 2021 - 2031 |
6.4 Global Home Improvement Services Market, Revenues & Volume, By Application, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Home Improvement Services Market, Revenues & Volume, By Pipe and Drain Maintenance, 2021 - 2031 |
6.4.3 Global Home Improvement Services Market, Revenues & Volume, By Lighting and Power Systems, 2021 - 2031 |
6.4.4 Global Home Improvement Services Market, Revenues & Volume, By Home Aesthetics Enhancement, 2021 - 2031 |
6.4.5 Global Home Improvement Services Market, Revenues & Volume, By Outdoor Space Improvement, 2021 - 2031 |
7 North America Home Improvement Services Market, Overview & Analysis |
7.1 North America Home Improvement Services Market Revenues & Volume, 2021 - 2031 |
7.2 North America Home Improvement Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Home Improvement Services Market, Revenues & Volume, By Service Type, 2021 - 2031 |
7.4 North America Home Improvement Services Market, Revenues & Volume, By Expertise Level, 2021 - 2031 |
7.5 North America Home Improvement Services Market, Revenues & Volume, By End User, 2021 - 2031 |
7.6 North America Home Improvement Services Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Home Improvement Services Market, Overview & Analysis |
8.1 Latin America (LATAM) Home Improvement Services Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Home Improvement Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Home Improvement Services Market, Revenues & Volume, By Service Type, 2021 - 2031 |
8.4 Latin America (LATAM) Home Improvement Services Market, Revenues & Volume, By Expertise Level, 2021 - 2031 |
8.5 Latin America (LATAM) Home Improvement Services Market, Revenues & Volume, By End User, 2021 - 2031 |
8.6 Latin America (LATAM) Home Improvement Services Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Home Improvement Services Market, Overview & Analysis |
9.1 Asia Home Improvement Services Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Home Improvement Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Home Improvement Services Market, Revenues & Volume, By Service Type, 2021 - 2031 |
9.4 Asia Home Improvement Services Market, Revenues & Volume, By Expertise Level, 2021 - 2031 |
9.5 Asia Home Improvement Services Market, Revenues & Volume, By End User, 2021 - 2031 |
9.6 Asia Home Improvement Services Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Home Improvement Services Market, Overview & Analysis |
10.1 Africa Home Improvement Services Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Home Improvement Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Home Improvement Services Market, Revenues & Volume, By Service Type, 2021 - 2031 |
10.4 Africa Home Improvement Services Market, Revenues & Volume, By Expertise Level, 2021 - 2031 |
10.5 Africa Home Improvement Services Market, Revenues & Volume, By End User, 2021 - 2031 |
10.6 Africa Home Improvement Services Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Home Improvement Services Market, Overview & Analysis |
11.1 Europe Home Improvement Services Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Home Improvement Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Home Improvement Services Market, Revenues & Volume, By Service Type, 2021 - 2031 |
11.4 Europe Home Improvement Services Market, Revenues & Volume, By Expertise Level, 2021 - 2031 |
11.5 Europe Home Improvement Services Market, Revenues & Volume, By End User, 2021 - 2031 |
11.6 Europe Home Improvement Services Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Home Improvement Services Market, Overview & Analysis |
12.1 Middle East Home Improvement Services Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Home Improvement Services Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Home Improvement Services Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Home Improvement Services Market, Revenues & Volume, By Service Type, 2021 - 2031 |
12.4 Middle East Home Improvement Services Market, Revenues & Volume, By Expertise Level, 2021 - 2031 |
12.5 Middle East Home Improvement Services Market, Revenues & Volume, By End User, 2021 - 2031 |
12.6 Middle East Home Improvement Services Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Home Improvement Services Market Key Performance Indicators |
14 Global Home Improvement Services Market - Export/Import By Countries Assessment |
15 Global Home Improvement Services Market - Opportunity Assessment |
15.1 Global Home Improvement Services Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Home Improvement Services Market Opportunity Assessment, By Service Type, 2021 & 2031F |
15.3 Global Home Improvement Services Market Opportunity Assessment, By Expertise Level, 2021 & 2031F |
15.4 Global Home Improvement Services Market Opportunity Assessment, By End User, 2021 & 2031F |
15.5 Global Home Improvement Services Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Home Improvement Services Market - Competitive Landscape |
16.1 Global Home Improvement Services Market Revenue Share, By Companies, 2024 |
16.2 Global Home Improvement Services Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |