3 Facts about the Home Improvement Industry and Their effect on Franchising

Sep 15, 2022 | Franchising


Many investors want to join the home improvement industry. This is a growing industry, with in-demand services that have been proven over time to be recession and pandemic resistant. Here are some facts about the home improvement industry and how Color World Painting sets you up for success in the industry.


Fact 1: The industry is worth $538 billion 

Since Covid-19 the industry has been booming. In 2021, Americans have spent the most on home improvements than they ever had in the years before.

How Color World Benefits: Color World Painting provides 5 different businesses in one to maximize earning potential as a franchise owner. By providing painting, holiday lighting, carpentry, gutter installation, and power washing franchise owners get to capitalize on many services in the huge industry.


Fact 2: The number of painters has increased by 2.99%

Over 223,223 painters currently employed in the United States are more likely to work at private, smaller companies rather than large ones.

Franchising Effect: When opening your own painting business with Color World Painting, you can opt to open with 0-2 employees by hiring contractors.


Fact 3: 76% of American homeowners did a home improvement project in 2020.


The home improvement industry is a recession and pandemic-resistant business. With an average home being built in 1980, there is a high demand for home improvement projects.

Franchising effect: With Color World Painting, you can offer multiple services to your clients and become a household name in your community. Our buying power and partnerships will maximize your profits with every job.


To learn more about how Color World Painting, click here.


Color World Housepainting Expands to Southwest Houston

Local Painting Business Sets a New Standard in the Lone Star State April 30, 2021 // Franchising.com // HOUSTON, Texas - Color World Housepainting is now expanding to the Southwest Houston suburbs this April. The new business looks to take advantage of the renewed...

How Many Franchise Locations Should You Own?

The difference between owning a single franchise location and multiple franchise locations can be vast. But with each added storefront or territory, the challenges (and often, benefits!) increase. To figure out the best approach, explore the lessons learned by these...

Augusta Army Veteran Opens Color World Housepainting Amid COVID-19

Veteran turned entrepreneur hopes to “make houses homes” during nation’s challenging times June 08, 2020 // Franchising.com // Grovetown, GA. - While many businesses are delaying opening back up and are struggling through the pandemic, a Grovetown resident and U.S....

Columbus-Founded Color World Housepainting Grows Despite Pandemic

Local home improvement business provides safe alternatives to traditional services as Ohio reopens Columbus, OH – As businesses across the nation navigate unchartered waters, one locally founded business has adapted to remain strong and successful amid the pandemic....

Local Power Couple Brings Color World House Painting to Omaha

Omaha, NE – (July 1, 2019) – Color World, a leading house painting franchise with locations across the Midwest, is proud to expand its reach to Omaha, NE. Two Millennial franchise development pros are leading the charge with the goal of becoming the top painting...

Color World is Your Holiday Lighting Business, And So Much More

Color World opened their doors in 1997, growing to four locations before developing and launching into a seamless, recession-resistant franchise model in 2015. With seven franchise locations now awarded, Color World offers Franchise Owners a suite of integrated home...

Why Fall is a Great Time to Paint Your Home

When it comes to painting your home, many of us assume that the best time to do so is during the summer. That’s not necessarily so! Our Franchise Owners’s businesses actually stay quite busy during the autumn months! There are many advantages to painting during this...

The Right Economy for Franchising

Franchising is a larger part of the U.S. economy than most people realize. For example, according to independent research firm FRANdata: 1 in 7 U.S. businesses is a franchise; An estimated 3,383 franchise brands operate in the U.S.; An average of 300 new brands open...


The Benefits of a Franchise with Multiple Revenue Streams

The Benefits of a Franchise with Multiple Revenue Streams

    When being an entrepreneur, picking the perfect business is the most important decision. Many business opportunities are seasonal or offer only one product or service. Multiple revenue streams are essential in any franchise. Color World Painting stays at...

Growth of Women in a Painting Franchise

Growth of Women in a Painting Franchise

  While historically men have dominated the business space with almost 80.1% being male, and 19.9% female. In 2022 the numbers are starting to grow. Today, women entrepreneurs who are starting to own franchises are opening 1 out of every 3 franchise...