Home Improvement Market size to reach a value of US$ 11.72 Billion

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Home Improvement Market size to reach a value of US$ 11.72 Billion
Home Improvement Market size to reach a value of US$ 11.72 Billion

Home Improvement Market

The ๐‡๐จ๐ฆ๐ž ๐ˆ๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ is anticipated to reach US$ 11.72 Bn by 2030 from US$ 8.67 Bn in 2023 at a CAGR of 4.4% during a forecast period.

๐‡๐จ๐ฆ๐ž ๐ˆ๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The home improvement market is undergoing significant growth due to shifting consumer preferences toward energy-efficient and luxurious living spaces. Factors such as rapid urbanization, government incentives for green construction, and technological advancements in home systems have driven this market forward. Additionally, the integration of e-commerce platforms has simplified the process of acquiring renovation materials and components, making home improvement projects more accessible to a broader audience. As a result, the market has seen steady expansion, with urban areas acting as primary growth catalysts.

๐„๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ž ๐ญ๐ก๐ž ๐๐ฎ๐š๐ฅ๐ข๐ญ๐ฒ ๐…๐ข๐ซ๐ฌ๐ญ๐ก๐š๐ง๐ – ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž: ๏ปฟ

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐‡๐จ๐ฆ๐ž ๐ˆ๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

The home improvement market is propelled by a growing demand for smart home technologies, including integrated control systems for lighting, security, and climate management. Rising interest in outdoor enhancements, such as garden upgrades and exterior replacements, is another key driver. High mortgage rates and escalating new home prices have encouraged many homeowners to invest in improving their current properties rather than purchasing new ones. Furthermore, the DIY trend, which offers both cost savings and creative satisfaction, continues to gain momentum among consumers.

๐‡๐จ๐ฆ๐ž ๐ˆ๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

Smart home technologies are a dominant trend, with homeowners increasingly adopting devices such as motion-sensing faucets, one-touch chillers, and energy-efficient appliances. Online channels for purchasing renovation materials are rapidly gaining popularity, reflecting the growing role of e-commerce in the sector. Additionally, the preference for sustainable and aesthetically pleasing designs, including eco-friendly materials and modern finishes, is reshaping the market. The use of smart infrastructure and IoT-enabled devices has also revolutionized home renovation projects, offering seamless connectivity and enhanced functionality.

๐‡๐š๐ฏ๐ž ๐๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ? ๐–๐ž’๐ซ๐ž ๐‘๐ž๐š๐๐ฒ ๐ญ๐จ ๐‡๐ž๐ฅ๐ฉ – ๐€๐ฌ๐ค ๐๐จ๐ฐ:

๐‡๐จ๐ฆ๐ž ๐ˆ๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

The post-COVID-19 landscape has presented lucrative opportunities for market players, driven by heightened consumer focus on home upgrades. The popularity of energy-efficient solutions, innovative designs, and modular furniture offers significant growth potential. Expanding urbanization and increasing disposable incomes in emerging markets provide a ripe opportunity for industry growth. Additionally, digital tools that enhance the renovation experience, such as virtual design platforms and augmented reality apps, have created new avenues for engagement and innovation.

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐‡๐จ๐ฆ๐ž ๐ˆ๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ?

North America dominates the home improvement market, fueled by substantial consumer spending on renovations and modern home features. Europe follows closely, with a focus on energy-saving technologies and smart infrastructure in urban areas. Latin America is the fastest-growing region, driven by a rise in coordinated sanitary designs and conceptual renovations. The Middle East and Africa also showcase steady growth due to increasing investments in residential developments and a growing interest in home dรฉcor. Meanwhile, the Asia-Pacific region benefits from rapid urbanization and expanding e-commerce channels, making it a key area for market expansion.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐“๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐˜๐จ๐ฎ ๐๐ฎ๐ฒ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‡๐ž๐ซ๐ž:

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐‡๐จ๐ฆ๐ž ๐ˆ๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ:

by Project

DIY

DIFM

by Application

Online Marketing

Offline Marketing

by End-use

Kitchen Improvement & Additions

Bath Improvement & Additions

Exterior Replacements

Interior Replacements

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐‡๐จ๐ฆ๐ž ๐ˆ๐ฆ๐ฉ๐ซ๐จ๐ฏ๐ž๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1. Belfor

2. Coit Services, Inc.

3. Crane Renovation Group

4. DKI Ventures, LLC

5. FirstService Corporation

6. Mr. Handyman

7. Power Home Remodeling Group, LLC

8. Rainbow Restoration

9. Servpro

10. Venturi Restoration

11. Pella Corporation

12. Kohler

13. ABC Supply Co.

14. Neil Kelly Company

15. Henkel Corporation

16. American Exteriors

17. Lutron Electronics

18. Dreamstyle Remodeling

19. Steves and Sons Roxul

20. Builders FirstSource

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฅ๐ž๐š๐ฌ๐ž ๐•๐ข๐ฌ๐ข๐ญ:

๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Past Market Size and Competitive Landscape

Home Improvement Market Size, Share, Size & Forecast by different segment

Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region

Home Improvement Market Segmentation – A detailed analysis by Product

Competitive Landscape – Profiles of selected key players by region from a strategic perspective

Competitive landscape – Market Leaders, Market Followers, Regional player

Competitive benchmarking of key players by region

PESTLE Analysis

PORTER’s analysis

Value chain and supply chain analysis

Legal Aspects of business by region

Lucrative business opportunities with SWOT analysis

Recommendations

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐Œ๐จ๐ซ๐ž: ๐•๐ข๐ฌ๐ข๐ญ ๐Ž๐ฎ๐ซ ๐–๐ž๐›๐ฌ๐ข๐ญ๐ž ๐Ÿ๐จ๐ซ ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

โ™ฆ Global GPS Tracking Device Market https://www.maximizemarketresearch.com/market-report/global-gps-tracking-device-market/55483/

โ™ฆ Vegetable Oil Market https://www.maximizemarketresearch.com/market-report/global-vegetable-oil-market/108821/

โ™ฆ Cultivated Meat Market https://www.maximizemarketresearch.com/market-report/cultivated-meat-market/152811/

โ™ฆ Global Wave Energy Converter Market https://www.maximizemarketresearch.com/market-report/wave-energy-converter-market/164740/

โ™ฆ Warehouse Automation System Market https://www.maximizemarketresearch.com/market-report/warehouse-automation-system-market/167432/

โ™ฆ Global Healthcare Chatbot Market https://www.maximizemarketresearch.com/market-report/global-healthcare-chatbots-market/240/

โ™ฆ Flavors and Fragrances Market https://www.maximizemarketresearch.com/market-report/flavors-and-fragrances-market/121756/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.

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