Press release
Home Improvement Services Market Industry Growth, Analysis, Business Trends, Competitive Landscape, Regional Forecast to 2030
Home Improvement Services Market
The major driving factor of the home improvement services market is remodeling of newly bought old homes before moving into it to feel like moving into a new place and also to discard the old look and faults in the house. In addition, rise in interest rates on houses and property cost has led people to spend on home renovation rather than to spend huge amounts on new houses.
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Leading Players:
The major players profiled in the home improvement services market include Belfor, Coit Services, Inc., Crane Renovation Group, DKI Ventures, LLC, FirstService Corporation, Mr. Handyman, Power Home Remodeling Group, LLC, Rainbow Restoration, Servpro, and Venturi Restoration.
KEY MARKET SEGMENTS
By Type
• Kitchen Renovation & Addition
• Bathroom Renovation & Addition
• Exterior & Interior Replacements
• System Upgrades
• Others
By Buyers Age
• Under 35
• 35-54
• 55-64
• Above 65
By City Type
• Metro Cities
• Other Non-metro Cities & Towns
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Regional Segmentation:
The home improvement services market is segmented on the basis of type, buyers age, city type, and region. On the basis of type, the market is divided into kitchen renovation & addition, bathroom renovation & addition, exterior & interior replacements, system upgrades, and others.
Depending on buyers age, it is classified into under 35, 35-54, 55-64, and above 65. On the basis of city type, the market is bifurcated into metro cities and other non-metro cities & towns. By region, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
Key Findings Of The Study:
• By type, the exterior & interior replacements segment was the highest revenue contributor in 2020.
• By buyers age, the 35-54 segment generated the highest revenue in 2020.
• By city type, the metro cities segment generated the highest revenue in 2020.
• By region, North America generated the highest revenue in 2020.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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