Home improvement industry sales in Canada 2010-2023

Home improvement industry sales reached approximately 58.6 billion Canadian dollars in 2023. This was an increase in comparison to the figure in 2022. Canada is home to many home improvement retailers, with the largest number of stores located in Ontario.

Competition for sales

When it came to retailers in 2023, Home Depot was the industry leader in terms of annual sales. That year, Home Depot Canada brought in approximately 11.6 billion Canadian dollars in sales. Home Hardware Stores and RONA followed in second and third place, with sales of 9.1 and 8.5 billion Canadian dollars respectively. 

Nationwide and global success

There were a total of 182 Home Depot stores in Canada in 2024. That same year, Home Depot had over 1.6 billion customer transactions worldwide, more than double the number of customer transactions of its global competitor, Lowes.