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THE MOST HISTORICALLY CONSISTENT INDUSTRY.

The home improvement industry is a multi-billion economic powerhouse.

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THE MOST HISTORICALLY CONSISTENT INDUSTRY.

The home improvement industry is a multi-billion economic powerhouse.

DOWNLOAD YOUR FRANCHISE REPORT

DOWNLOAD YOUR
FRANCHISE REPORT

First and Last Name*

Email*

Mobile Phone*

State*

Zip Code*

*Required

Download your franchise report here.

Historically Stable, Now Surging

The home improvement industry is a multi-billion dollar per year economic powerhouse, with painting, carpentry, gutters and washing making up a significant portion of this.

As many business experts have suggested over the years, the home improvement industry have been one of the most historically stable and consistent with basically unlimited potential, and most importantly has not been largely influenced by economic trends. Spending by owners on improvements will rise 2 percentage points on average through 2025, keeping pace with expected economic growth.

In the past year alone, this industry has been projected to surpass prior consumer spending records.  Due to the home improvement industry’s success, home improvement franchises have been on the rise. Businesses in maintenance industries that service residences and commercial buildings saw a 13% increase in sales in 2016, according to Sageworks.

Historically Stable, Now Surging

The home improvement industry is a multi-billion dollar per year economic powerhouse, with painting, carpentry, gutters and washing making up a significant portion of this.

As many business experts have suggested over the years, the home improvement industry have been one of the most historically stable and consistent with basically unlimited potential, and most importantly has not been largely influenced by economic trends. Spending by owners on improvements will rise 2 percentage points on average through 2025, keeping pace with expected economic growth.

In the past year alone, this industry has been projected to surpass prior consumer spending records.  Due to the home improvement industry’s success, home improvement franchises have been on the rise. Businesses in maintenance industries that service residences and commercial buildings saw a 13% increase in sales in 2016, according to Sageworks.

“The day goes quick. You’re always busy. It makes running this business so fun.”

John Boston
Color World Operations Manager

CLICK TO HEAR MORE FROM JOHN

“The day goes quick. You’re always busy. It makes running this business so fun.”

John Boston
Color World Operations Manager

CLICK TO HEAR MORE FROM JOHN

The Industry Numbers

$15.5B
COMMERCIAL & RESIDENTIAL PAINTING INDUSTRY

In the painting segment alone, we are spending over 15 billion each year on both the commercial and residential spaces. There has been a steady and reliable increase in year-over-year growth in this segment, most notably even through the economic downtown.(1)

126,220,000
NUMBER OF U.S. HOUSES

This means there are just over 126 million potential customers that may need painting, carpentry, power washing, gutter repairs or christmas lightening. And then let’s remember, we also have over 28 million business locations that may need our services too! (2)

$43,000,000
AMOUNT SPENT ON HOME IMPROVEMENT

According to the U.S. Census Bureau, Americans spent nearly $43 million on home maintenance and repairs in a single recent year. Homeowner spending on improvements is projected to increase 2.0 percent per year on average through 2025.

Color World In The News

A predictable industry.
An unlimited future.
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DOWNLOAD YOUR
FRANCHISE REPORT

First and Last Name*

Email*

Mobile Phone*

State*

Zip Code*

*Required

Download your franchise report here.