Singapore Home Improvement Market Size & Outlook, 2025-2033
Singapore Home Improvement Market Insights
- Deep Market Insights analysis indicates that the Singapore Home Improvement Market size, valued at USD 3.54 Billion in 2024, is expected to expand to USD 5.29 Billion by 2033.
- The Singapore market is forecasted to expand at a CAGR of 4.62% spanning 2025–2033.
- Remodeling held the leading position among Project Type segments in 2024, based on market size.
- Maintenance is projected to post the fastest growth rate, sustaining its position as the most attractive Project Type segment during the forecast horizon.
Source: DMI Analysis Company Publications, Primary Interviews.
Other Key Findings
- In 2024, Singapore accounted for 0.46% of the global Home Improvement Market size.
- By 2033, United States is expected to lead the global Home Improvement Market in terms of market size.
- Within Asia Pacific, China is projected to dominate the regional Home Improvement Market size by 2033.
- South East Asia is identified as the fastest-growing market in Asia Pacific, anticipated to reach USD 27.37 Billion by 2033.
Report Summary
| Report Scope | Details |
|---|---|
| Base Year for Study | 2024 |
| Study Period | 2021-2033 |
| Historical Period | 2021-2023 |
| Forecast Period | 2025-2033 |
| Market Size In 2024 | USD 3.54 Billion |
| Market Size In 2033 | USD 5.29 Billion |
| Largest segment | Remodeling |
| Units | Revenue in USD Billion |
| CAGR | 4.62% (2025-2033) |
| Segmnetation Covered | |
| Project Type |
|
| Channel |
|
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Singapore Home Improvement Market Project Type 2025-2033 (USD Billion)
| Project Type | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Remodeling | XX.x | XX.x | XX.x | 1.66 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Repair | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Maintenance | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.
Singapore Home Improvement Market Channel 2025-2033 (USD Billion)
| Channel | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | 2031 | 2032 | 2033 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DIY | XX.x | XX.x | XX.x | 2.27 | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| DIFM | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
| Total | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x | XX.x |
Source: DMI Analysis Company Publications, Primary Interviews.