Home Improvement Market is Expanding at a CAGR of 6.7% by 2030
The global home improvement market in 2022 is valued at US$ 342 billion and is predicted to exhibit expansion at a CAGR of 6.7% over the next eight years. Fact.MR predicts the market to attain a revenue of US$ 575.5 billion by the end of 2030.DIY home remodelling and renovations are anticipated to witness high demand owing to the rising availability of DIY home improvement products and the increasing adoption of easy add-ons.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=242
Increasing demand for performance efficiency is projected to fuel adoption of fuel filter in the automotive industry. Moreover, growing need to replace the clogged fuel filters is projected to impact the global market growth of fuel filter significantly. Fact.MR projects the global Home Improvement market to reflect a CAGR of 5.8% over the forecast period, 2017-2022.
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฅ๐๐๐๐ข๐ง๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข Sherwin-Williams Company
โข DuPont de Nemours
โข Watsco Inc.
โข Robert Bowden
โข ABC Supply Co.
โข Neil Kelly Company
โข Henkel Corporation
โข Andersen Corporation
โข The Home Depot
โข American Exteriors
โข Lutron Electronics
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐
๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
โข DIY
โข DIFM
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โข Kitchen Improvement & Additions
โข Bath Improvement & Additions
โข System Upgrades
โข Exterior Replacements
โข Interior Replacements
โข Property Improvements
โข Disaster Repairs
โข Other Room Additions & Alterations
๐๐ก๐๐ซ๐ ๐๐จ๐ฎ๐ซ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ & ๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ- https://www.factmr.com/connectus/sample?flag=RC&rep_id=242
The real estate market in the United States is one of the most expensive ones in the world and this results in high prices of new homes in the country. High mortgage and interest rates coupled with the high prices of new homes push homeowners to spend on remodeling and renovation which is expected to drive the home improvement market in the country.
U.S. home improvement market size is also dependent on changing consumer preferences, per capita disposable income, expansion of the e-commerce industry, high demand for appealing finishes, and installation of smart home technologies. The presence of leading home improvement product suppliers such as The Home Depot, Ace Hardware, and Menards is also expected to drive growth in the country over the years to come.
The Europe home improvement market is anticipated to provide highly lucrative opportunities for home improvement product manufacturers owing to changing consumer preferences, rising focus on green construction practices, demand for integration of energy-efficient technologies, and increasing investments in remodeling and refurbishment by consumers.
๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ: https://www.factmr.com/checkout/242
๐๐๐ ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
โข North America (U.S. and Canada)
โข Europe (U.K., Germany, France, Spain, Italy, and Rest of Europe)
โข Asia Pacific (China, Japan, India, Indonesia, and Rest of Asia Pacific)
โข Latin America (Brazil, Mexico, and Rest of Latin America)
โข Middle East & Africa (GCC, South Africa and Rest of Middle East & Africa)
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ข๐ฌ๐ค๐ฌ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The global Home Improvement market is characterized by several leading factors, with each factor playing a crucial role in the growth of the industry. The growing demand for products coupled with easy availability of the same has helped the industry flourish across the globe.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐ ๐๐๐ญ.๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก: https://www.globenewswire.com/en/news-release/2022/09/14/2516131/0/en/Integration-of-Artificial-Intelligence-to-Accelerate-Market-Growth-for-Language-Services-States-Fact-MR.html
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