Home Depot and Lowe's: number of customer transactions globally 2011-2019

In 2019, the Home Depot carried out over one and a half billion customer transactions worldwide, while Lowe’s carried out close to one billion of them. Lowe’s customer transaction numbers have decreased by about 20 million compared to the previous year.

Lowe’s and Home Depot’s customer spending

While Home Depot accounted for higher customer transaction numbers between 2011 and 2019, customers did spend slightly more money per transaction in Lowe’s each of those years. In 2019, customers spent an average of just under 80 U.S. dollars in Lowe’s, while Home Depot customers spent under 70 U.S. dollars per transaction.

Home improvement & DIY lumberyards

In 2019, the U.S. home improvement industry generated over 400 billion U.S. dollars in sales . By 2023, this amount is expected to reach 450 billion U.S. dollars. Do-it-yourself lumberyards in the United States made just over 100 billion U.S. dollars’ worth of sales in 2019, a number which is projected to grow by about ten million in four years' time.