In 2023, Home Depot’s indoor garden product category generated global sales of 14.7 billion U.S. dollars. Meanwhile, the company’s décor/storage net sales amounted to roughly six billion U.S. dollars. Headquartered in Georgia, United States, The Home Depot, Inc. is the largest home improvement corporation in the United States.
Home improvement and hardware stores
With over 4,860 retail stores, Ace Hardware had the highest number of home improvement outlets located in the United States in 2022. The Home Depot accounted for less than half that number. In terms of customer satisfaction, Ace Hardware also took the lead with 873 out of 1,000 points, as reflected in a 2023 survey. The Home Depot earned a score of 849, just below industry average.
Home improvement projects
Among the main reasons for kitchen and bathroom renovations in the U.S. was the fact that people were no longer happy with the appearance of their previous kitchens/bathrooms. According to a surveys conducted in July 2023, 42 percent wanted to renovated their kitchens for that reason, and 48 percent wanted to spruce up their bathrooms.
Global net sales of the Home Depot from 2013 to 2023, by product category
(in million U.S. dollars)
Product category
Indoor garden
Appliances
Paint
Lumber
Tools
Plumbing
Building materials
Kitchen and bath
Flooring
Outdoor garden
Hardware
Millwork
Electrical
Lighting
Décor/storage
Electrical/lighting
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Fiscal year 2023 ended January 28, 2024 (includes 52 weeks).
The kitchen and bath product categories have been combined, as well as the electrical and lighting categories.
Figures prior to 2021 were taken from previous reports.
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Home Depot. (March 13, 2024). Global net sales of the Home Depot from 2013 to 2023, by product category (in million U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/296508/global-net-sales-of-the-home-depot-by-product-group/
Home Depot. "Global net sales of the Home Depot from 2013 to 2023, by product category (in million U.S. dollars)." Chart. March 13, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/296508/global-net-sales-of-the-home-depot-by-product-group/
Home Depot. (2024). Global net sales of the Home Depot from 2013 to 2023, by product category (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/296508/global-net-sales-of-the-home-depot-by-product-group/
Home Depot. "Global Net Sales of The Home Depot from 2013 to 2023, by Product Category (in Million U.S. Dollars)." Statista, Statista Inc., 13 Mar 2024, https://www.statista.com/statistics/296508/global-net-sales-of-the-home-depot-by-product-group/
Home Depot, Global net sales of the Home Depot from 2013 to 2023, by product category (in million U.S. dollars) Statista, https://www.statista.com/statistics/296508/global-net-sales-of-the-home-depot-by-product-group/ (last visited August 25, 2024)
Global net sales of the Home Depot from 2013 to 2023, by product category (in million U.S. dollars) [Graph], Home Depot, March 13, 2024. [Online]. Available: https://www.statista.com/statistics/296508/global-net-sales-of-the-home-depot-by-product-group/