Calculate the total market size of the home improvement products market in Canada and forecast likely spend over the next five years.
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Home Improvement Market Size
Canadian Size of the Home Improvement Products Market Report & Forecast
This report presents estimates and forecasts of the market for home improvement products in Canada. Forecasts include Consumer and Professional purchase estimate, both total and by Province and merchandise line. The forecasts of Canadian home improvement product sales presented here are based on the current macroeconomic forecast by the S&P Global Market Intelligence.
Objectives
Examine building product spend across building product categories, customer type and province within the home improvement market.
Investigate the primary factors influencing expenditure in the building products sector.
Past Iterations
FAQs
What is the current size of the Canadian home improvement market?
The Canadian home improvement market has recovered notably over the past couple of years, after a decline in 2023 and 2024, with sales growing a higher rate in 2025 than previously anticipated. The total Canadian home improvement market is expected to have steady growth for the foreseeable future, based on data from the Home Improvement Research Institute's Canadian Size of the Home Improvement Products Market Report and Forecast. The consumer market has been growing at a higher rate the professional market over the past couple of years, and that trend is projected to continue from 2026 to 2030. Currently, the 2026 forecast for the home renovation industry in Canada is stronger than previously projected. Canada's outperformance stems from a confluence of favorable housing market conditions and proactive government intervention that stand in sharp contrast to U.S. headwinds. Residential investment remains a key growth driver, positioning Canada's home improvement market favorably in the next forecast period.
HIRI members with the Canadian Special Interest Group add-on can access all the data offered in this report. Contact us to upgrade your membership.
How has the market size for home improvement changed in Canada?
The size of the home improvement market in Canada has been growing steadily over the past year, after a noticeable decline in 2023 and 2024. The consumer segment contributes a higher percentage to the market size than the professional segment, but both are projected to have healthy compound annual growth rates (CAGR) over the next five years, from 2026 to 2030, according to the Home Improvement Research Institute's Canadian Size of the Home Improvement Products Market Report and Forecast. The long-term economic outlook in Canada continues to be influenced by supply-side factors, such as population growth, and gains in productivity. Subsequently, the labor force and employment will grow at similar paces. The Canadian provinces with the highest projected CAGR in the home improvement market over the next few years include Alberta, Newfoundland and Labrador, and British Columbia.
HIRI members with the Canadian Special Interest Group add-on can access all the data offered in this report. Contact us to upgrade your membership.
I'm looking for forecasts on home improvement industry growth in Canada. Any suggestions?
The best source for forecasting growth in the home improvement industry in Canada is the Home Improvement Research Institute's Canadian Size of the Home Improvement Products Market Report and Forecast. This report presents estimates and forecasts of the market for home improvement products in Canada, including forecasts for both the consumer and professional segments, both total and by province and merchandise line. The forecasts of Canadian home improvement product sales presented in HIRI's market report are based on the current macroeconomic forecast by the S&P Global Market Intelligence. The data can help industry professionals and stakeholders calculate the total market size of the home improvement products market in Canada and forecast likely spend over the next five years. Additionally, the report examines risks to the forecast and presents the data in U.S. dollars for more streamlined analysis.
HIRI members with the Canadian Special Interest Group add-on can access all the data offered in this report. Contact us to upgrade your membership.
What are the top growth opportunities in the Canadian home renovation market right now?
The Canadian home renovation market is showing signs of steady growth over the next few years, from 2026 to 2030. Both the professional and consumer markets are projected to grow during the forecast period, although the consumer segment contributes a larger percentage to the overall size of the home improvement market in Canada. Based on data from the Home Improvement Research Institute's Canadian Size of the Home Improvement Products Market Report and Forecast, the top growth opportunities in the Canadian home renovation market right now include lawn and garden equipment and supplies; major household appliances; paint, preservatives and supplies; and floor coverings. The provinces in Canda with the highest project compound annual growth rate (CAGR) in the home renovation products market from 2026 to 2030 include Alberta, Newfoundland and Labrador, and British Columbia.
HIRI members with the Canadian Special Interest Group add-on can access all the data offered in this report. Contact us to upgrade your membership.
Where can I find regional breakdowns of home improvement market trends in Canada specifically?
The best source for regional breakdowns of home improvement market trends in Canada is the Home Improvement Research Institute's Canadian Size of the Home Improvement Products Market Report and Forecast. This data-rich report includes five-year forecasts of the market for home improvement products in Canada for both the consumer and professional markets. The report enables you to look at building product spend across building product categories, customer type, and Canadian province. It estimates of total market sales in Canada's10 provinces for the most recent historical period (which currently is 2021-2025) as well as the expected outcome of 2026 and the upcoming five-year projection period. Additionally, the report includes the expected compound annual growth rates (CAGR) of total home improvement sales by province (in both the professional and consumer markets) and a closer look at the performance of key product categories in each area.
HIRI members with the Canadian Special Interest Group add-on can access all the data offered in this report. Contact us to upgrade your membership.
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