Global home improvement market value 2020-2027

Published by Statista Research Department, Sep 26, 2024
The worldwide home improvement market was valued at 763 billion U.S. dollars in 2020. With a compound annual growth rate (CAGR) of more than four percent, the home improvement market value was expected to surpass the trillion dollar mark by 2027.

Worldwide home improvement market value from 2020 to 2027 (in billion USD)

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Release date

May 2021

Region

Worldwide

Survey time period

2021

Supplementary notes

*Forecasted figures from 2021 onwards.

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Statistics on " Home improvement in the U.S. "

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Overview

4

Retail

5

Market leaders

7

Consumer behavior

6

Smart homes

4

Further related statistics

19

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