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The global home improvement services market was valued at US$ 321.4 Billion in 2021.
We expect the global home improvement services market to exhibit a CAGR of 3.80% during 2022-
The widespread utilization of home improvement services to protect the units from weather-related
damage and enhance the overall appearance, safety, and comfort while remodeling the residential
spaces is primarily driving the global home improvement services market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary halt in numerous construction
activities, thereby negatively impacting the demand for home improvement services.
Based on the type, the global home improvement services market has been segmented into kitchen
renovation and addition, bathroom renovation and addition, exterior and interior replacements,
system upgrades, and others. Currently, exterior and interior replacements represent the largest
Based on the city type, the global home improvement services market can be bifurcated into metro
cities and non-metro cities and towns. Among these, metro cities currently account for the majority
of the total market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global home improvement services market include Belfor, Coit
Cleaners, Crane Renovation Group, DKI Ventures LLC, FirstService Corporation, Mr. Handyman
International LLC, Power Home Remodeling Group, Rainbow International LLC, Servpro, and Venturi
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