The pandemic grew spending in home improvement significantly, however consumer behavior has since recalibrated. Explore the dynamics of the $220 billion home improvement market, with visibility on industry trends and growth by channel, retailer and subcategory.

Today's bathroom renovation consumers are focused on specific areas and opt for targeted improvements rather than comprehensive overhauls. What are customers of top performing subcategories also purchasing across the industry?

With the increasing popularity of online shopping, the building and lumber sectors have witnessed surges in e-commerce adoption. While online sales have undoubtedly increased in the post-pandemic era, how big of a threat does e-commerce pose to physical retailers in a space traditionally dominated by B&M players?

In April, retail giant Bed Bath & Beyond (BBBY) filed for bankruptcy after steady declines in sales since the pandemic. In 2Q23 alone, the former industry leader lost 3 pp of market share YoY. So, which home goods retailers stand to gain the most from BBBY’s losses?

Across top omni-channel brands in bathroom renovation, most players see consistent performance across B&M and online. However, two brands stand out as dominant only in a single channel: Everbilt is a top player only in-store, and Home Decorators Collection is a top player only online. These brands – both Home Depot private labels – taking the lead in GMV emphasizes Home Depot’s dominance in the bathroom renovation category.

The home goods industry has always been a dynamic and competitive space, with companies vying for market share and consumer attention. Take a closer look at some of the standout performances and challenges faced by key home goods retailers this quarter.

Over the past few years, one category in Bath has stood out as a clear leader: Bathroom Renovation. The bathroom renovation industry has witnessed an impressive surge in consumer spending, with a significant 50% increase since 4Q19. What’s fueling the growth?

Home retail sales exploded in 2020 and 2021 with consumers spending more time living and working from home. However, the retail landscape that we are in now looks and feels a lot different than what it was 3 years ago. Here’s the top 3 trends in retail today.

In 2Q23, the grills market experienced a few noteworthy trends, including the emergence of Weber as a formidable competitor to Blackstone, the dominance of gas grills, and the surging popularity of flat top grills and outdoor griddles.

In 2022, the refrigerator market generated a staggering $7.36B in GMV across Best Buy, Lowe’s and Home Depot. Across top retailers, Lowe’s dominates the refrigerator market with close to 50% of total refrigerator sales.

When it comes to the Soil & Fertilizer market, Scotts Miracle-Gro is the clear leader. Despite being a fragmented market, they have continued to grow their lead, currently at ~60% market share.