Home Improvement Services Market Seen Exceeding $504 Billion by 2030

The Business Research Company projects the global home improvement services market will top $504 billion by 2030, with kitchen renovations leading the way. The report points to fragmented competition, rising demand for smart and energy-efficient upgrades, and Asia-Pacific as the largest regional market by the end of the decade.

Why it matters: - Home improvement services are becoming a bigger spend category as homeowners renovate older properties, add smart-home features and try to lift resale value. - The market is forecast to surpass $504 billion by 2030, signaling steady demand for contractors, materials suppliers and digital service platforms. - Kitchen renovation and additions alone are expected to account for 32% of the market, or $162 billion, by 2030.

What happened: - The Business Research Company released its Home Improvement Services Global Market Report 2026, with forecasts through 2035. - The report says The Home Depot Inc. was the top global player in 2025 with a 2% market share. - Lowe's Companies Inc. also held a 2% share, while Sherwin-Williams Company and Pella Corporation each held 1%. - The top 10 companies combined generated just 7% of total market revenue in 2025. - The report says the market remains fragmented across global providers, contractors, remodeling firms, repair specialists and digital platforms.

The details: - The market is projected to grow at a 6% compound annual rate through 2030. - Home improvement services are expected to represent about 26% of the broader Architectural, Engineering Consultants and Related Services market by 2030. - That parent market is forecast to reach nearly $1.906 trillion by 2030. - Within the broader Professional Services industry, home improvement services are expected to make up about 6% of total value. - Asia-Pacific is projected to be the largest regional market by 2030 at $168 billion, up from $117 billion in 2025. - Asia-Pacific is expected to grow at a 7% CAGR, supported by urban residential expansion, higher disposable income and remodeling demand in emerging economies. - The United States is forecast to be the largest national market by 2030 at $116 billion, up from $104 billion in 2025. - The U.S. market is expected to grow at a 2% CAGR, driven by remodeling, maintenance and upgrades to older housing stock. - Kitchen renovation and addition is projected to lead service categories in 2030 with $162 billion in value. - The report says all five major service categories could add more than $122 billion combined by 2030. - Between 2025 and 2030, kitchen renovations and additions are projected to add $40 billion, bathroom work $30 billion, exterior and interior replacements $26 billion, system upgrades $20 billion and other services $6 billion.

Between the lines: - The market’s low concentration suggests no single company has a dominant lock on demand. - That leaves room for regional players, specialty contractors and platforms that can win on speed, design, labor access and customer experience. - The report also frames AI, digital project management and connected-home upgrades as competitive differentiators, not just add-ons. - Solo’s July 2026 launch of Roofing Studio illustrates that shift, with AI-powered measurements, proposals, financing, e-signatures and CRM integration for roofing contractors. - The report identifies three main growth drivers: remodeling activity, adoption of smart and energy-efficient upgrades, and rising property values tied to homeownership investment. - It estimates those drivers could contribute annual growth of about 2.5%, 2.3% and 2.1%, respectively.

What's next: - The report expects providers to keep expanding service networks, adding digital tools and investing in customized renovation offerings. - Demand is likely to stay centered on multifunctional kitchens, premium finishes, energy-efficient appliances and layouts that improve convenience. - Companies positioned around smart-home installation, maintenance and renovation support may benefit as homeowners continue to upgrade existing properties rather than buy new ones. - The Business Research Company says its 2026 reports now include market attractiveness scoring, TAM analysis, company scoring matrix graphics, Excel-based forecasting dashboards and market hotspot infographics.

The bottom line: - Home improvement services are moving from a fragmented repair market to a technology-enabled renovation economy, with kitchens, smart upgrades and older-home remodeling driving the biggest gains.