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Global Home Improvement Spending Market Trend, Opportunities & Competition Tracking till 2022

05-01-2018 02:47 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

A freshly compiled business intelligent report, titled “Home Improvement Spending Market Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This 170-page study delivers all the vital details and information required to know about home improvement spending market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Demographic trends are expected to buoy the home improvement market in the near future, with the huge millennial generation expected to shape the future of spending. However, younger households are witnessing a slow pace in breaking into the remodeling and homeownership. In addition, some investors have started backing out from investing in home improvement sector, as they view the wheel of its expansion to be on the verge of breaking. This can be attributed to softening sales trends in bigger ticket categories, for example – home furnishings. The global market for home improvement spending is projected to expand at a steady CAGR throughout the forecast period 2017 to 2022, according to a new study by Fact.MR. Revenues from the global home improvement spending market are expected to reach nearly US$ 2,000,000 Mn by 2022-end.

Departmental Stores to Remain the Largest Distribution Channel in the Market

Accounting for over one-fourth revenue share of the market during 2017 to 2022, departmental stores will continue to be the largest distribution channel for home improvement spending products. Franchise stores, and Homeware stores will collectively account for nearly half revenue share of the market, with the former being more lucrative than the latter during the forecast period.

In terms of revenues, Europe will remain the largest market for home improvement spending, with sales projected to surpass US$ 700,000 Mn in revenues by 2022-end. Asia-Pacific excluding Japan (APEJ) is anticipated to be the second most lucrative market for home improvement spending. The market in North America will register the fastest expansion over the forecast period.

On the basis of product, roofing will remain dominant in the global home improvement spending market, in terms of revenues. Disaster repairs, and heating, ventilation & air conditioning product segments are estimated to reflect a parallel expansion at 5.7% CAGR through 2022. In addition, bathroom remodeling, and room additions segments are expected to exhibit the fastest expansion through 2022.

Browse Full Report with TOC- https://www.factmr.com/report/242/home-improvement-spending-market

Table of Content:

1. Global Home Improvement Spending Market – Executive Summary

2. Global Home Improvement Spending Market Overview
2.1. Introduction
2.1.1. Global Home Improvement Spending Market Taxonomy
2.1.2. Global Home Improvement Spending Market Definition
2.2. Global Home Improvement Spending Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Home Improvement Spending Market Y-o-Y Growth
2.3. Global Home Improvement Spending Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Manufacturing Cost
2.6. List of Distributors
2.7. Average Pricing Analysis
2.8. Regulations
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Home Improvement Spending Market Analysis and Forecast By Product
3.1. Global Home Improvement Spending Market Size and Forecast By Product, 2012-2022
3.1.1. Roofing Home Improvement Spending Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Kitchen Remodeling Home Improvement Spending Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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Dublin 2, Ireland
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Email: sales@factmr.com/
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