[Report] 1H23 State of the Home Improvement Industry

Since the pandemic and resulting home improvement boom, the industry has cooled to a modest 2-3% YoY. As the market continues to evolve, we see a large shift in sales to e-commerce in addition to strong competition from generalist retailers. Get answers to your key questions, including:

• How are changing consumer behaviors shaping the performance of home improvement retailers and brands?

• Hand tools are overtaking power tools sales - whats driving the growth?

• Is electric the future of outdoor power equipment?

• In the hottest summer on record, what products are consumers relying on for lawn maintenance?