Backed by market attractiveness analysis, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, wider supply chain intelligence, emerging startup coverage, and detailed product-level insights, The Business Research Company’s 2026 market reports are designed to offer research that is more actionable and strategically valuable than ever.
Home Improvement Services Market Expansion Outlook: What Revenue Opportunities Are Ahead?
The home improvement services market has experienced significant growth in recent years. It is anticipated to expand from $381.88 billion in 2025 to $404.35 billion in 2026, achieving a compound annual growth rate (CAGR) of 5.9%. Historically, this growth can be attributed to factors such as an increase in residential housing stock, rising disposable income among homeowners, greater spending on home remodeling projects, the expansion of urban housing renovations, and a growing preference for personalized home interiors.
The home improvement services market is anticipated to experience substantial expansion over the upcoming years. Its value is projected to reach $507.28 billion in 2030, exhibiting a compound annual growth rate (CAGR) of 5.8%. This projected growth during the forecast period stems from factors such as greater investments in smart home technologies, a heightened emphasis on sustainable building materials, an increasing appetite for home automation upgrades, the spread of renovation activities into non-metro areas, and a rising requirement for accessibility-centric home enhancements. Key trends expected within this period encompass a surging demand for smart home renovation services, a greater uptake of energy-efficient home improvements, expanded utilization of digital design and visualization tools, the proliferation of modular and prefabricated renovation options, and an intensified concentration on modifications for aging-in-place.
Get A Free Sample Report With In-Depth Market Insights:
Home Improvement Services Market Demand Drivers Opening New Revenue Streams
The anticipated expansion of the home improvement services market is linked to a growing need for home remodeling. This process involves the refurbishment of properties, encompassing modifications or enhancements to a house or other real estate. Beyond residential buildings, these upgrades can also relate to renovating commercial and company assets. For instance, in June 2024, according to Statistics Finland, a Finland-based government agency, households in 2023 spent EUR 5.2 billion (USD 5.66 billion) renovating their dwellings and residential buildings, which represented a 2.7% increase compared to 2022. Consequently, the heightened desire for home renovations is fueling the demand within the home improvement services market.
Home Improvement Services Market Segments: Where Is Growth Concentrated?
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
Subsegments:
1) By Kitchen Renovation And Addition: Cabinet Installation And Replacement, Countertop Installation, Flooring Upgrades, Appliance Installation, Custom Kitchen Design
2) By Bathroom Renovation And Addition: Bathtub And Shower Installation, Vanity And Sink Installation, Toilet Replacement, Tile And Flooring Upgrades, Accessibility Modifications
3) By And and Interior Replacements: Roof Replacement, Siding Installation And Repair, Window And Door Replacement, Flooring Replacement (Hardwood, Laminate, Carpet), Interior Painting And Wall Treatments
4) By System Upgrades: HVAC System Installation And Upgrades, Electrical System Upgrades (Wiring, Outlets), Plumbing System Upgrades (Pipes, Fixtures), Insulation Improvements, Smart Home Technology Installation
5) By Other Types: Landscaping And Outdoor Living Enhancements, Home Additions (New Rooms Or Expansions), Basement Finishing And Remodeling, Garage Renovations And Organization, General Contracting Services
Home Improvement Services Market Trends Powering Strategic Industry Growth
Leading companies within the home improvement services market are increasingly concentrating on introducing advanced systems, such as thermally insulated window and door solutions, to gain a competitive edge. A thermally insulated window and door system integrates various features and components designed to minimize heat transfer through these openings, thereby enhancing a building’s energy efficiency. For example, in May 2023, Aluprof, a Poland-based firm, unveiled the MB-79N system, which represents an advancement of its MB-86 Aero and MB-70 systems. This system is offered as an open-in/out window or door, and in fixed light configurations, with a UW beginning at just 0.72 W/m2K. With its aluminum systems, Aluprof possesses the capability to manufacture diverse types of windows and doors according to specific requirements for functionality, aesthetics, thermal insulation, burglary resistance, smoke control, or fire resistance.
Home Improvement Services Market Leading Players And Competitive Positioning
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
View The Full Home Improvement Services Market Report:
Home Improvement Services Market Regional Split: Which Areas Are Fueling Growth?
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.
Reach Out To Our Team:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas: +1 310-496-7795
Asia: +44 7882 955267 & +91 8897263534
Europe: +44 7882 955267
Email us at: marketing@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.