Home Depot and Lowe's: number of customer transactions globally 2011-2021

In 2021, the Home Depot carried out nearly 1.8 billion customer transactions worldwide, while Lowe’s carried out slightly over one billion of them. The Home Depot's customer transaction numbers increased compared to the previous year, while Lowe's slightly decreased.

Lowe’s and Home Depot’s customer spending

While Home Depot accounted for higher customer transaction numbers between 2011 and 2021, customers spent more money per transaction in Lowe’s in each of those years. In 2021, customers spent an average of 96 U.S. dollars at Lowe’s, while Home Depot customers spent under just over 80 U.S. dollars per transaction.

Home improvement & DIY lumberyards

In 2021, the U.S. home improvement industry generated nearly 538 billion U.S. dollars in sales. By 2025, this amount is expected to reach over 620 billion U.S. dollars. Do-it-yourself lumberyards in the United States made nearly 140 billion U.S. dollars’ worth of sales in 2021, a number which is projected to grow by roughly 19 million in four years' time.