Remodeling Market - Development Factors, Key Regions and Competitive Landscape to 2024
Category: #reports  By Rahul Varpe  Date: 2020-04-27
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Remodeling Market - Development Factors, Key Regions and Competitive Landscape to 2024

Soaring land & construction prices have furthermore resulted into exponentially higher real estate costs, which has in turn impacted remodeling market demand. On the grounds of these changing industry trends, reports claim that the global remodeling market from the residential sector was pegged at USD 2 trillion in 2017 and is estimated to continue its robust growth in the years ahead. Besides the residential sector, remodeling market size from the commercial sector is also likely to be benefited from the corporate and industrial space renovations and is estimated to surpass USD 2.2 trillion by 2024.

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The Remodeling Market is anticipated to record its name in the billion-dollar space within seven years, by exceeding a revenue of USD 5 Trillion by 2024, with an anticipated CAGR of 4% through 2024.

The growing trend of providing remodeling services through online platforms has appreciably brought the construction and remodeling industry into e-commerce. Right from designing and drawing up construction plans to providing 3rd party remodeling labors, online platforms are emerging as the new lucrative investment grounds where companies are massively advertising and distributing remodeling materials as well as related services to consumers. The benefits of cost, products, contractors, and services have significantly added to the growing popularity of this platform in the global remodeling industry.

Capitalizing on the potential of digitalization, the e-commerce platforms are expected to offer unique opportunities while allowing the remodeling market companies to stay competitive. Amazon.com for example, joined a home-services & remodeling platform in 2015 and has expanded it to more than 15 U.S. cities. The instance goes on to validate that surely there is great deal of focus on online platforms within the remodeling market.

Comprehensive Review of Market by Applications

  1. Residential
  2. Commercial

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The regional segmentation covers

  1. North America
  2. Europe
  3. Asia Pacific
  4. Latin America (LATAM)
  5. Middle East

Know about Market growth in New Research and its Top growing factors by Key Companies like: -

ABC Supply, Andersen Corporation, Builders FirstSource, Dow Building Solutions, Ferguson Enterprises, Hanley Wood, LLC, The Home Depot, JELD-WEN, Kohler Co., Lutron Electronics, Masco Corporation, Pella Corporation, The Sherwin-Williams Company, AARP American Exteriors, LLC, Case Design/Remodeling Inc., Dreamstyle Remodeling, DuPont Building Innovations, Harvey Building Products, Henkel Corporation, Neil Kelly Company, Owens Construction, Power Home Remodeling Group, Rebuilding Together, Inc., Robert Bowden, Inc., Roxul Inc., SGC Horizon, Statewide Remodeling, Steves and Sons, Inc., Synchrony Financial, The Tapco Group

The research report presents a detailed outline of Remodeling Market – this is mainly inclusive of the generic market definitions, the numerous segmentations, as well as the application landscape. The report outlines a detailed examination of the industry vendors – from a regional and global perspective.

An exhaustive brief of the various forecast trends and demand till the year 2024 has been given in the report. The study is inclusive of information pertaining to the numerous firms that form a part of the competitive terrain of this business sphere. Also, the report contains, in exclusive detail, information on the many innovations in this sector, technologies adopted, and also many other factors impacting the product demand.

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Market Report Includes

  1. An analysis with respect to the present industry scenario in tandem with opportunities for growth opportunities, important vendors, target audience, and market projection until 2024
  2. A comprehensive evaluation with regards to the industry size, growth anticipation, industry remuneration, and major contenders until 2024
  3. A scrutiny of the growth opportunities, expansion forecast, remuneration, and Forecast 2019- 2024
  4. Information on Primary and Secondary Research, Consumption Analysis, Market Segmentation, and Forecast until 2024
  5. An in-depth research on the Emerging Growth Parameters, Market Dynamics, Export Research Report, and Forecast to 2024
  6. Market Analysis, Strategic Developments, as well as Forecast 2024
  7. Product applications, industry trends, technological developments, and current demand and Forecast by 2024


About Author

Rahul Varpe

Email: [email protected]   

Rahul Varpe

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

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