Published Date : 2025-Apr-14
The global home improvement market continues to surge, driven by rising DIY culture, increased real estate investments, and smart home integration. Here are the top players that are shaping this vibrant industry in 2025.
The market is expected to reach a value of $1323.63 billion by 2034, at a CAGR of 4.0% over the forecast period (2025–2034).
Below Top Leading Global Home Improvement companies: The Home Depot, Lowe’s Companies, Kingfisher plc, Menards, Travis Perkins plc, ADEO Group, Bunnings Warehouse, Hornbach Holding AG And Others.
The global home improvement market has grown steadily year after year with the coming together of changing consumer requirements, enhanced disposable incomes, and increased emphasis on individual lifestyles. Homeowners have been spending increasingly more and more amounts of money on redevelopment, restructuring, and remodelling of homes due to growing urban populations and changing lifestyles in a bid to make them comfortable, convenient, and attractive. The market also includes vast labour, ranging from kitchen, bathroom, living area, and outside makeover to the installation of smart technology and eco-friendly energy-saving systems. Growing environmental pressure and sustainability requirements have compelled consumers to implement green material and energy-saving appliances in their home improvement process.
Technological innovation is one of the leading drivers of change in the home improvement sector. Technologies such as 3D visualization software, augmented reality programs, and web-based design websites are enabling homeowners to plan and design projects with greater accuracy and efficiency. E-commerce adoption within the home improvement value chain has also made it easier for consumers to access products and services, providing them with more choice and competitive prices. Furthermore, do-it-yourself (DIY) actions, driven by web videos and social media, have encouraged increasingly more consumers to upgrade modestly themselves, hence generating market dynamism.
Consumer patterns have also moved towards emphasis on home convenience and functionality, particularly considering global happenings that have resulted in people spending more time indoors. Telework behaviour has facilitated home space remodelling to accommodate home offices and multizone spaces. At the same time, outdoor living areas, wellness-driven updates, and smart home technology, a broader desire for enrichment of lifestyle, are becoming increasingly popular. These evolving demands are prompting manufacturers, retailers, and service providers to innovate and diversify their offerings, from modular furniture and ergonomic design to integrated technology and green building solutions.
Economic conditions such as increasing property prices and availability of low-cost financing schemes have also fuelled the expansion of the home improvement market. House owners are willing to spend money on home improvements, not only for a better lifestyle, but also to maximize resale value. Besides, demographic shifts, including aging populations and rising homeownership rates among millennials, are influencing design choices and renovation priorities. The convergence of these factors economic conditions, technological advancement, and shifting consumer behaviours continues to impact the trajectory of the worldwide home improvement industry to be a stable and vibrant market with room for sustained expansion.
HQ: Atlanta, Georgia, USA
Founded: 1978
Employees (2024): Approx. 470,000
Revenue (2024): $152.7 Billion
Overview: The Home Depot is the world’s largest home improvement retailer, catering to both DIY enthusiasts and professional contractors. The company has revolutionized how consumers access building materials, tools, appliances, and home renovation services.
HQ: Mooresville, North Carolina, USA
Founded: 1946
Employees (2024): Approx. 300,000
Revenue (2024): $89 Billion
Overview: Lowe’s Companies is one of the largest home improvement retailers in the world, second only to The Home Depot. Headquartered in North Carolina, Lowe’s operates across the United States and parts of Canada, serving homeowners, renters, and professional contractors with tools, appliances, building materials, and expert services.
HQ: London, United Kingdom
Founded: 1982
Employees (2024): Approx. 80,000
Revenue (2024): $14.6 Billion
Overview: Kingfisher is a major European home improvement company headquartered in the UK. Operating a variety of retail brands such as B&Q, Screwfix, Castorama, and Brico Dépôt, Kingfisher is a central player in DIY and trade hardware across Europe. The firm is recognized for its multi-format stores, innovation in smart home products, and sustainability-driven initiatives.
HQ: Eau Claire, Wisconsin, USA
Founded: 1960
Employees (2024): Approx. 45,000
Revenue (2024): Approx. $12 Billion (privately estimated)
Overview: Menards is a privately-owned American third-largest home improvement company Known for its massive stores, competitive pricing, and wide range of building materials and household goods, Menards is a major competitor to both Lowe’s and The Home Depot, especially in the U.S. Midwest region. It is renowned for its slogan: “Save BIG Money at Menards!”
HQ: Northampton, United Kingdom
Founded: 1797
Employees (2024): Approx. 20,000
Revenue (2024): Approx. $6 Billion
Overview: Travis Perkins plc is the UK’s largest distributor of building materials and construction products, serving trade professionals across residential and commercial projects. Known for its strong network of branches and leading brands such as Toolstation and Keyline, the company plays a pivotal role in the UK’s home improvement, repair, and construction supply chain.
HQ: Ronchin, France
Founded: 1923
Employees (2024): Approx. 150,000
Revenue (2024): Approx. $32 Billion
Overview: ADEO is one of the largest home improvement and DIY retail groups in Europe, headquartered in France. It operates numerous well-known brands like Leroy Merlin, Bricocenter, Weldom, and Zôdio, with a strong presence in Europe, South America, and Asia. ADEO emphasizes digital transformation, sustainability, and a decentralized, partner-led business model.
HQ: Hawthorn East, Victoria, Australia
Founded: 1886 (acquired by Wesfarmers in 1994)
Employees (2024): Approx. 50,000+
Revenue (2024): Approx. $11 Billion AUD (Bunnings segment)
Overview: Bunnings Warehouse is the leading home improvement and outdoor living retailer in Australia and New Zealand, and a subsidiary of Wesfarmers Limited. Synonymous with DIY culture, trade supplies, and community engagement, Bunnings is a household name known for its large-format stores, everyday low prices, and iconic in-store sausage sizzles.
HQ: Bornheim, Germany
Founded: 1877
Employees (2024): Approx. 25,000
Revenue (2024): Approx. $6 Billion
Overview: Hornbach Holding AG is one of Germany’s most respected and long-standing DIY and home improvement retailers, known for its family-led management, transparent pricing, and no-frills, pro-consumer approach. With a focus on large-scale DIY superstores, Hornbach serves both individual customers and professional tradespeople across Central and Eastern Europe.
Region | Growth Drivers | Market Focus |
North America | High spending on remodeling, DIY trends | Smart homes, outdoor upgrades |
Europe | Green building initiatives, energy-efficient materials | Sustainable renovation |
Asia-Pacific | Urbanization, rising middle class | Modular homes, compact solutions |
Latin America | Infrastructure boost, increasing homeownership | Budget-friendly DIY |
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