Home Depot: global net sales 2013-2023, by product category

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.