[Ranking] TOP 25 Home Improvement Retail / Consumer Goods Companies Q3/2023
Intro
The Home Improvement Retail industry plays a crucial role in the worldwide economy, catering to the needs and desires of homeowners, DIY enthusiasts, and professional contractors alike. With a focus on consumer goods, this industry provides a wide range of products and services aimed at enhancing and renovating homes.
The influence of the Home Improvement Retail industry extends far beyond its immediate sector. As homeowners invest in improving their living spaces, it creates a ripple effect across various industries, including construction, interior design, and home decor. This interconnectedness drives growth and innovation, making it an indispensable part of the global economy.
The Home Improvement Retail industry has experienced remarkable growth in recent years, driven by factors such as increasing disposable income, rising urbanization, and a growing desire for personalized and upgraded living spaces. This upward trajectory is expected to continue as more people prioritize home improvement projects.
In the current landscape, the Home Improvement Retail industry faces several notable trends and obstacles. One significant trend is the shift towards sustainable and eco-friendly products, as consumers become more conscious of their environmental impact. Additionally, advancements in technology, such as smart home devices and virtual reality tools, are reshaping the way customers plan and execute their home improvement projects.
The Home Improvement Retail industry is a dynamic and ever-evolving sector, constantly adapting to changing consumer preferences, market trends, and technological advancements. As new players enter the market and established companies innovate to stay ahead, it is essential to explore the leading companies in this industry to understand their strategies and contributions to the field.
Ranking
#25 Simpson Manufacturing Co., Inc.
Employees: 3K
Revenue: 700M$
Website: https://www.simpsonmfg.com
Description: Simpson Manufacturing Co., Inc. is a leading company in the Home Improvement Retail industry. Headquartered in Pleasanton, United States, the company was founded in 1956. With a workforce of approximately 3,000 employees, Simpson Manufacturing specializes in providing a wide range of products for the home improvement market. The company offers a variety of construction solutions, including connectors, fasteners, and adhesives, that are used in residential and commercial projects. Simpson Manufacturing is known for its high-quality and reliable products, which are trusted by professionals and DIY enthusiasts alike. With an annual revenue of 700 million dollars, the company has established itself as a key player in the industry, continuously striving for innovation and customer satisfaction.
#24 Installed Building Products, Inc.
Employees: 7.5K
Revenue: 1.2B$
Website: https://www.installedbuildingproducts.com
Description: Installed Building Products, Inc., headquartered in Columbus, United States, is a leading player in the Home Improvement Retail industry. Founded in 1977, the company has grown to become a major provider of insulation, garage doors, rain gutters, and other building products for both residential and commercial customers. With a dedicated team of approximately 7,500 employees, Installed Building Products focuses on delivering high-quality products and exceptional customer service. The company has achieved impressive revenue of 1.2 billion dollars, cementing its position as a key player in the industry. Through their website, customers can explore their extensive product offerings and leverage their expertise to enhance their homes or businesses.
#23 Floor & Decor Holdings, Inc.
Employees: 9K
Revenue: 2B$
Website: https://www.flooranddecor.com/
Description: Floor & Decor Holdings, Inc. is a leading home improvement retail company based in Atlanta, United States. Founded in 2000, the company operates in the Consumer Goods industry, specifically in the Home Improvement Retail sector. With its headquarters in Atlanta, Floor & Decor has established a strong presence in North America. The company offers a wide range of high-quality flooring and decorative accessories, catering to both residential and commercial customers. Floor & Decor has a workforce of approximately 9,000 employees, who contribute to the company's success by delivering exceptional customer service and expertise. In terms of revenue, Floor & Decor has achieved significant growth, with annual revenue reaching 2 billion dollars. Through its website and physical stores, Floor & Decor continues to provide customers with innovative and stylish flooring solutions to enhance their homes and spaces.
#22 James Hardie Industries Plc
Employees: 4.5K
Revenue: 2.5B$
Website: https://www.jameshardie.com/
Description: James Hardie Industries Plc, headquartered in Sydney, Australia, is a prominent player in the Home Improvement Retail industry. Founded in 1888, the company has a rich history and a strong presence in the market. With approximately 4,500 employees, James Hardie Industries focuses on providing innovative building products for home improvement projects. The company generates an impressive revenue of 2.5 billion dollars annually. James Hardie Industries is committed to delivering high-quality solutions to enhance the durability, aesthetics, and sustainability of homes. With its extensive range of products, including fiber cement siding, backer board, and trim, the company caters to the needs of both professionals and homeowners, ensuring long-lasting and beautiful results for any construction or renovation project.
#21 Lennox International Inc.
Employees: 10K
Revenue: 3B$
Website: https://www.lennoxinternational.com
Description: Lennox International Inc. is a leading player in the Home Improvement Retail industry. With its headquarters in Richardson, United States, the company has been in operation since 1895. Lennox International Inc. employs approximately 10,000 individuals globally and generates an annual revenue of around 3 billion US dollars. The company is dedicated to providing innovative and energy-efficient solutions for heating, ventilation, air conditioning, and refrigeration systems. Lennox International Inc. serves both residential and commercial customers, offering a wide range of products including furnaces, air conditioners, heat pumps, and indoor air quality systems. With a strong focus on sustainability and customer satisfaction, Lennox International Inc. continues to be a trusted name in the Home Improvement Retail industry.
#20 A. O. Smith Corporation
Employees: 16K
Revenue: 3.2B$
Website: https://www.aosmith.com/
Description: A. O. Smith Corporation is a leading player in the Home Improvement Retail industry. Headquartered in Milwaukee, United States, the company has been operating since its establishment in 1916. With a workforce of approximately 16,000 employees, A. O. Smith Corporation is dedicated to providing consumer goods in the form of home improvement products. The company generates an impressive revenue of 3.2 billion dollars. A. O. Smith Corporation's commitment to the consumer goods sector has solidified its position as a prominent player in the Home Improvement Retail industry.
#19 USG Corporation
Employees: 8K
Revenue: 3.5B$
Website: https://www.usg.com
Description: USG Corporation, headquartered in Chicago, United States, is a leading company in the Home Improvement Retail industry. Founded in 1901, the company has a workforce of approximately 8,000 employees. With annual revenue of 3.5 billion dollars, USG Corporation operates in the consumer goods sector, specifically focusing on home improvement retail. The company is renowned for its broad range of products and solutions that cater to the needs of professional contractors, builders, remodelers, and do-it-yourself enthusiasts. USG Corporation offers an extensive portfolio of construction materials, including wallboards, joint compounds, ceiling systems, and performance flooring, among others. With its commitment to innovation and quality, USG Corporation continues to be a trusted name in the home improvement retail industry, providing customers with reliable and durable products for their construction and renovation projects.
#18 Snap-on Incorporated
Employees: 11K
Revenue: 3.7B$
Website: https://www.snapon.com/
Description: Snap-on Incorporated, headquartered in Kenosha, United States, is a leading player in the Home Improvement Retail industry. With a history dating back to 1920, the company has established itself as a trusted provider of high-quality tools and equipment for professional mechanics and technicians. Snap-on offers a wide range of products, including hand tools, power tools, tool storage, diagnostics, and shop equipment. The company's commitment to innovation and precision has made it a preferred choice among professionals in the automotive, aviation, and industrial sectors. With over 11,000 employees, Snap-on continues to expand its market presence and generate significant revenue, which stood at 3.7 billion dollars in the latest fiscal year. Through its comprehensive product portfolio and strong customer focus, Snap-on maintains its position as a key player in the Home Improvement Retail industry.
#17 KB Home
Employees: 2.2K
Revenue: 4.5B$
Website: https://www.kbhome.com
Description: KB Home is a leading home improvement retail company based in Los Angeles, United States. Founded in 1957, the company has a strong presence in the North American market. With approximately 2.2 thousand employees, KB Home focuses on providing high-quality products and services to homeowners, assisting them in improving and renovating their homes. The company offers a wide range of home improvement products, including construction materials, appliances, fixtures, and furniture. KB Home has established itself as a trusted brand in the industry, known for its commitment to customer satisfaction and innovative solutions. With annual revenue of 4.5 billion dollars, KB Home continues to drive growth and innovation in the home improvement retail sector.
#16 Fastenal Company
Employees: 25K
Revenue: 5B$
Website: https://www.fastenal.com/
Description: Fastenal Company, headquartered in Winona, United States, is a leading player in the Home Improvement Retail industry. Founded in 1967, the company has grown to employ approximately 25,000 individuals. With an annual revenue of 5 billion US dollars, Fastenal offers a wide range of products and services to its customers, including threaded fasteners, tools, equipment, and safety supplies. The company operates a network of stores across North America, providing customers with convenient access to their products. Fastenal is committed to delivering high-quality products and exceptional customer service, catering to both professional contractors and do-it-yourself enthusiasts. Through its comprehensive inventory management solutions, Fastenal helps customers improve their operational efficiency and reduce costs. With its strong presence in the Home Improvement Retail industry, Fastenal continues to be a trusted partner for customers seeking reliable and innovative solutions for their construction and maintenance needs.
#15 Weyerhaeuser Company
Employees: 10K
Revenue: 6B$
Website: https://www.weyerhaeuser.com/
Description: Weyerhaeuser Company, headquartered in Seattle, United States, is a prominent player in the Home Improvement Retail industry. Established in 1900, the company has a strong presence in North America. With approximately 10,000 employees, Weyerhaeuser operates in the Consumer Goods sector, specifically focusing on the Home Improvement Retail segment. The company generates an impressive revenue of 6 billion USD. Weyerhaeuser is known for its expertise in providing a wide range of products and services for home improvement, catering to the needs of both individual consumers and businesses. Through its extensive operations and commitment to quality, Weyerhaeuser continues to thrive in the competitive Home Improvement Retail industry.
#14 NVR, Inc.
Employees: 7.5K
Revenue: 6.2B$
Website: https://www.nvrinc.com
Description: NVR, Inc. is a leading home improvement retail company based in Reston, United States. Founded in 1979, the company has grown to become a prominent player in the consumer goods industry. With a workforce of approximately 7,500 employees, NVR, Inc. operates with a focus on providing high-quality home improvement products and services to customers. The company has achieved significant financial success, reporting an annual revenue of 6.2 billion dollars. NVR, Inc. has established itself as a trusted name in the industry, offering a wide range of products and solutions to enhance and renovate homes. Through its commitment to innovation and customer satisfaction, NVR, Inc. continues to thrive in the competitive home improvement retail market.
#13 Fortune Brands Home & Security, Inc.
Employees: 25K
Revenue: 6.4B$
Website: https://www.fbhs.com
Description: Fortune Brands Home & Security, Inc. is a leading company in the Home Improvement Retail industry. Headquartered in Deerfield, United States, the company was founded in 2011. With a workforce of approximately 25,000 employees, Fortune Brands Home & Security operates in the consumer goods sector, specifically focusing on home improvement products. The company generates an impressive revenue of 6.4 billion US dollars. They offer a wide range of products, including plumbing fixtures, cabinets, windows, doors, and security systems. Fortune Brands Home & Security is committed to delivering innovative and high-quality solutions to enhance homes and provide superior security for consumers.
#12 Beacon Roofing Supply, Inc.
Employees: 9.8K
Revenue: 7.2B$
Website: https://www.beaconroofingsupply.com
Description: Beacon Roofing Supply, Inc. is a leading distributor of residential and commercial roofing materials in North America. Headquartered in Herndon, United States, the company operates in the Home Improvement Retail industry within the Consumer Goods sector. Founded in 1928, Beacon Roofing Supply has grown to become one of the largest roofing distributors in the United States. With approximately 9,800 employees, the company serves both professional contractors and do-it-yourself homeowners. Beacon Roofing Supply offers a wide range of products including shingles, roofing accessories, waterproofing materials, and insulation. The company's revenue reached 7.2 billion dollars, solidifying its position as a key player in the roofing supply industry.
#11 Owens Corning
Employees: 19K
Revenue: 7.2B$
Website: https://www.owenscorning.com/
Description: Owens Corning is a leading company in the Home Improvement Retail industry, operating in North America. Headquartered in Toledo, Ohio, United States, the company was founded in 1938. With a workforce of approximately 19,000 employees, Owens Corning generates annual revenue of around 7.2 billion dollars. The company specializes in the manufacturing and distribution of insulation, roofing, and fiberglass composites for residential and commercial customers. Owens Corning's products are widely used in home improvement projects, providing energy efficiency, comfort, and protection. As a recognized leader in the industry, the company continues to innovate and develop sustainable solutions to meet the evolving needs of its customers in the consumer goods sector.
#10 Masco Corporation
Employees: 25K
Revenue: 8.5B$
Website: https://www.masco.com
Description: Masco Corporation, headquartered in Livonia, United States, is a leading player in the Home Improvement Retail industry. Founded in 1929, the company has established itself as a prominent manufacturer and distributor of home improvement and building products. With a workforce of approximately 25,000 employees, Masco Corporation operates through various subsidiaries and brands, offering a diverse range of products including faucets, cabinets, paints, and plumbing supplies. The company's revenue stands at 8.5 billion US dollars, reflecting its strong presence and market position. Masco Corporation continues to drive innovation and deliver high-quality products to meet the evolving needs of consumers in the home improvement sector.
#9 Mohawk Industries, Inc.
Employees: 38K
Revenue: 10B$
Website: https://www.mohawkind.com/
Description: Mohawk Industries, Inc. is a leading company in the Home Improvement Retail industry. Headquartered in Calhoun, United States, the company was founded in 1878. With approximately 38,000 employees, Mohawk Industries generates an impressive revenue of 10 billion dollars. The company specializes in manufacturing and distributing a wide range of flooring products, including carpets, rugs, hardwood, laminate, and luxury vinyl tiles. Mohawk Industries is known for its commitment to sustainability and innovation, constantly introducing new and environmentally friendly products. As a key player in the Home Improvement Retail industry, Mohawk Industries continues to provide high-quality flooring solutions to consumers around the world.
#8 PulteGroup, Inc.
Employees: 5.7K
Revenue: 10.2B$
Website: https://www.pultegroupinc.com/
Description: PulteGroup, Inc. is a leading home improvement retail company based in Atlanta, United States. Founded in 1950, the company operates in the Consumer Goods industry, specifically in the home improvement retail sector. With a workforce of approximately 5.7 thousand employees, PulteGroup, Inc. generates an annual revenue of around 10.2 billion dollars. The company focuses on providing high-quality products and services to homeowners, offering a wide range of home improvement and construction solutions. PulteGroup, Inc. is committed to delivering exceptional customer experiences and creating sustainable, energy-efficient homes. With its headquarters in Atlanta, the company continues to expand its operations and maintain a strong presence in the home improvement retail industry.
#7 Tractor Supply Company
Employees: 40K
Revenue: 10.7B$
Website: https://www.tractorsupply.com
Description: Tractor Supply Company is a leading player in the Home Improvement Retail industry. Headquartered in Brentwood, United States, the company operates numerous retail stores across North America. Founded in 1938, Tractor Supply Company has become a trusted destination for customers seeking agricultural and home improvement products. With approximately 40,000 employees, the company offers a wide range of merchandise, including livestock and pet products, hardware, tools, lawn and garden supplies, and truck and towing products. Tractor Supply Company is known for its commitment to providing rural lifestyle solutions and its strong customer service. With an annual revenue of 10.7 billion dollars, the company continues to expand its footprint and cater to the needs of customers in the consumer goods industry.
#6 W.W. Grainger, Inc.
Employees: 25K
Revenue: 11B$
Website: https://www.grainger.com
Description: W.W. Grainger, Inc. is a leading company in the Home Improvement Retail industry. Headquartered in Lake Forest, United States, the company was founded in 1927. With a workforce of approximately 25,000 employees, Grainger operates in the North American market. The company generates an annual revenue of around 11 billion US dollars. Grainger specializes in providing a wide range of products for maintenance, repair, and operations (MRO) to businesses and institutions. They offer a comprehensive selection of tools, equipment, safety supplies, janitorial products, and more. With their extensive product catalog and efficient distribution network, Grainger is committed to meeting the diverse needs of their customers and maintaining their position as a leader in the Home Improvement Retail industry.
#5 Stanley Black & Decker, Inc.
Employees: 60K
Revenue: 14B$
Website: https://www.stanleyblackanddecker.com/
Description: Stanley Black & Decker, Inc. is a leading company in the Home Improvement Retail industry. Headquartered in New Britain, United States, they have been in operation since 1843. With a workforce of approximately 60,000 employees, the company generates an impressive revenue of 14 billion dollars. Stanley Black & Decker specializes in providing high-quality tools, hardware, and home improvement products to consumers worldwide. They offer a wide range of products including power tools, hand tools, outdoor equipment, home security solutions, and more. With their commitment to innovation, quality, and customer satisfaction, Stanley Black & Decker continues to be a trusted name in the home improvement retail sector, catering to the needs of both professionals and DIY enthusiasts.
#4 Sherwin-Williams Company
Employees: 60K
Revenue: 18B$
Website: https://www.sherwin-williams.com/
Description: Sherwin-Williams Company, headquartered in Cleveland, United States, is a leading player in the Home Improvement Retail industry. Founded in 1866, the company has a rich history of providing high-quality paints and coatings to customers worldwide. With approximately 60,000 employees, Sherwin-Williams operates a vast network of retail stores, allowing customers to access their extensive range of products for both residential and commercial use. The company's revenue stands at a staggering 18 billion dollars, reflecting its strong market presence and customer loyalty. Sherwin-Williams continues to innovate and expand its product offerings, ensuring it remains a trusted name in the home improvement sector.
#3 Whirlpool Corporation
Employees: 77K
Revenue: 20B$
Website: https://www.whirlpoolcorp.com
Description: Whirlpool Corporation is a leading player in the Home Improvement Retail industry. Headquartered in Benton Harbor, United States, the company has been in operation since 1911. With a workforce of approximately 77,000 employees, Whirlpool Corporation is dedicated to providing innovative and efficient home appliances to consumers. The company generates an impressive revenue of 20 billion dollars, making it a key player in the industry. Whirlpool Corporation is known for its wide range of products including refrigerators, washing machines, dishwashers, and ovens, which are designed to enhance the quality of everyday life for consumers. Through its commitment to innovation, sustainability, and customer satisfaction, Whirlpool Corporation continues to be a leading force in the Home Improvement Retail industry.
#2 Lowe's Companies, Inc.
Employees: 300K
Revenue: 90B$
Website: https://www.lowes.com
Description: Lowe's Companies, Inc. is a leading home improvement retail company headquartered in Mooresville, United States. With a history dating back to 1946, Lowe's has established itself as a trusted provider of home improvement products and services. The company operates a vast network of stores across North America, offering a wide range of products including appliances, tools, paint, flooring, and outdoor living essentials. Lowe's is committed to providing exceptional customer service and offers various services such as installation, repairs, and project consultations. With approximately 300,000 employees, Lowe's generates an impressive revenue of 90 billion dollars annually, making it one of the largest players in the home improvement retail industry.
#1 The Home Depot, Inc.
Employees: 500K
Revenue: 132B$
Website: https://www.homedepot.com
Description: The Home Depot, Inc. is a leading home improvement retail company based in Atlanta, United States. Established in 1978, the company has grown to become one of the largest players in the consumer goods industry. With a workforce of approximately 500,000 employees, The Home Depot operates a vast network of retail stores across North America, offering a wide range of home improvement products and services. The company's revenue stands at an impressive 132 billion dollars. The Home Depot is committed to providing customers with high-quality products, excellent customer service, and innovative solutions for their home improvement needs.
Summary
The home improvement retail sub-industry is highly competitive, with several top companies vying for dominance. The key players in this sector have achieved significant accomplishments and impressive rankings.
One unexpected finding is the increasing popularity of online home improvement retailers, which have disrupted the traditional brick-and-mortar model. These online retailers offer convenience and a wide range of products, attracting a growing number of consumers.
Among the premier companies in the home improvement retail sub-industry are Home Depot, Lowe's, and Menard's. These companies have established themselves as leaders in the market and have consistently achieved high revenues and customer satisfaction.
One shared element driving the prosperity of these leading firms is their focus on customer service. They prioritize providing a seamless shopping experience, offering knowledgeable staff, easy returns, and online support.
What sets these eminent companies apart from their industry rivals is their ability to adapt to changing consumer preferences. They have embraced digital transformation and invested in online platforms, allowing customers to shop from the comfort of their homes. Additionally, these companies have expanded their product offerings to include not only traditional home improvement products but also furniture, appliances, and decor.