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Home Remodeling Global Market 2023 - Emerging Trends, Growth Potential, Revenue Analysis And Business Outlook till 2032
Home Remodeling Market
Home Remodeling Market Size, Growth Rate, And Forecast
The global home remodeling market size is expected to grow from $881.15 billion in 2022 to $925.00 billion in 2023 at a compound annual growth rate (CAGR) of 5.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global home remodeling market size is expected to reach $1,105.48 billion in 2027 at a CAGR of 4.6%.
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Home Remodeling Market Drivers
The rise in the construction sector is expected to propel the growth of the home remodeling market going forward. The construction sector is a critical industry that encompasses a wide range of activities related to building and infrastructure development.
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Home Remodeling Market Segments
• By Type: Do-It-Yourself (DIY), Do-It-For-Me (DIFM)
• By Distribution Channel: Online, Offline
• By Application: Windows And Doors, Kitchen And Bathroom, Floor And Roof, Walls, Other Applications
• By End-Use: Residential, Commercial
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Home Remodeling market.
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Home Remodeling Market Key Players
Major competitors in the Home Remodeling market include Andersen Corporation, JELD-WEN Holdings Inc., Kohler Co., Pella Corporation, The Home Depot, Dow Inc.
The Business Research Company's "Global Home Remodeling Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Home Remodeling Market Include:
1. Executive Summary
2. Home Remodeling Market Characteristics
3. Home Remodeling Market Trends And Strategies
4. Home Remodeling Market - Macro Economic Scenario
5. Home Remodeling Market Size And Growth
........................
26. Africa Home Remodeling Market
27. Home Remodeling Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Home Remodeling Market
29. Home Remodeling Market Future Outlook and Potential Analysis
30. Appendix
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