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Remodeling Market 2024 Global Analysis By key Players – GAF Materials Corporation, JELD-WEN, Andersen Corporation, ABC Supply, Builders First Source, the Home Depot, Dow Building Solutions, Hanley Wood LLC, Ferguson Enterprises, Lutron Electronics, Kohl

09-19-2018 10:38 AM CET | Industry, Real Estate & Construction

Press release from: marketstudyreport.com

Remodeling

Remodeling

MarketStudyReport.com Adds New Remodeling Market 2018 – 2024 research report providing information and data By End-Use, Industry Analysis, Regional Outlook, Application Development Potential, Trend, Competitive Market Share & Forecast spreading across 250 Pages with table and figures in it.

Lower lending rates along with design innovations will primarily drive the global remodeling market growth. Increasing private infrastructural investments along with favorable government conditions offering tax concessions on home loans will enhance the services demand. Expanding tourism sector along with technological innovations particularly in Asia Pacific and Europe will boost the business advancement.

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Residential remodeling market is expected to witness a CAGR of over 4% during the forecast period 2018 to 2024. Higher count of house gatherings along with rising consumer spending in developing economies will enhance the application market. Technological advancements providing better energy efficiency, enhanced designs, and highly durable materials along with need to increase the house security will drive the business growth globally. Increasing real estate prices in highly populated cities accompanied by the need for improved house space and design will support the services penetration.

Commercial remodeling is expected to account for over USD 2 trillion by 2024. Necessity to reduce the fixed costs particularly electricity expenses along with providing a better environment to work in corporate offices will surge the business expansion. Trend towards transforming the office into eco-friendly to improve employee health, working conditions along with the benefit of social marketing for the company.

North America remodeling market revenue was registered over 800 billion in 2017. Design innovations along with large disposable incomes & highest consumer spending are primary drivers for the expanding services demand in the region. Extreme climatic variations accompanied by frequent disasters support the market development in the region. Increasing necessity to improve the employee productivity and reduce energy expenses will propel the services adoption in the commercial segment.

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The key industry players in the global remodeling market share include GAF Materials Corporation, JELD-WEN, Andersen Corporation, ABC Supply, Builders First Source, the Home Depot, Dow Building Solutions, Hanley Wood LLC, Ferguson Enterprises, and Fortune Brands Home & Security. Other prominent players in the industry are Lutron Electronics, Kohler Co., Masco Corporation, Move Inc., USG Corporation, National Gypsum Company, Oldcastle Building Products, Owens Corning, Pella Corporation, Ply Gem Industries Inc., ProBuild Inc., The Sherwin-Williams Company, and Mergers & acquisitions are among the key strategies adopted by the service providers to expand their product portfolio and gain market share. For instance, Norcraft companies was acquired by Fortune Brands Home and Security to expand their product portfolio in the residential segment.

Table of content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Remodeling Industry Insights
Chapter 4. Remodeling Market, By End-Use
Chapter 5. Remodeling Market, By Region
Chapter 9. Company Profiles

More Details on this Report At: https://www.marketstudyreport.com/reports/remodeling-market

Related Report:

Smart Elevator Market Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2017 - 2024

Smart elevator market has garnered significant momentum over the last few years attributed to the growing use of wireless technology, increasing popularity of energy efficient devices, urbanization, and mounting safety concerns. Smart elevators are gaining ground because they offer crowd management by plummeting the waiting duration and effectively employing automation. An escalation in the adoption of elevator systems in advanced economies like France, Canada, U.S., and the UK has potentially contributed towards the enhancement of the smart elevator market size.

https://www.marketstudyreport.com/reports/smart-elevator-market/?utm_source=RR-PSR

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