HD · News · 20261008N

Market Demand Trends

HOME DEPOT, INC. · 2026-10-08 · Importance 25 · Surprise 32

The global home improvement services market is projected to exceed $504 billion by 2030, implying a 6% compound annual growth rate. Kitchen renovations are identified as the largest category, representing 32% of the market. Home Depot was described as the leading global player in 2025, with a 2% share in the fragmented market. Reported demand drivers include home remodeling, smart and energy-efficient technology adoption, and rising property values.

Key facts