U.S. Residential Remodeling Market Projected to Hit USD 754.75 Million at a 4.3% CAGR by 2032

U.S. Residential Remodeling Market size and share is currently valued at USD 754.75 million in 2024 and is anticipated to generate an estimated revenue of USD 754.75 million by 2032, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 4.3% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2024 - 2032

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/us-residential-remodeling-market/request-for-sample

Escalating consumer demand for contemporary lifestyle has been an influential factor in the increasing growth and revenue of the U.S. residential remodeling industry. Based on application, system & equipment segment accounted for the highest share. By region, California state led the market.

𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

Remodeling is a procedure of altering the usefulness and the blueprint of an area. It might include extracting a wall to enlarge a bathroom and rearranging a kitchen formation so that the fridge, sink, cabinet, and range are in varied locations. Structuring an incorporation to the home would also be contemplated as a remodel. It is optional to include prominent structural alteration. Still, it can be something as natural as converting a guest bedroom into a home office if the intention of the area is changed; it has been remodeled. When an abode is poorly outlined frequently, remodeling is the only solution. Inferior design is frequently observed in older homes prior to stringent building ciphers were known.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

The prominent concentration of the players at the rear of amalgamation is to augment the market, slashing prices, growth possibilities, assortment, and diminishing contention amidst them.

𝐒𝐨𝐦𝐞 𝐎𝐟 𝐓𝐡𝐞 𝐂𝐮𝐫𝐫𝐞𝐧𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐈𝐧 𝐓𝐡𝐞 𝐔.𝐒. 𝐑𝐞𝐬𝐢𝐝𝐞𝐧𝐭𝐢𝐚𝐥 𝐑𝐞𝐦𝐨𝐝𝐞𝐥𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐫𝐞:

• ATI Restoration, LLC (California)
• Andersen Corporation (Minnesota)
• A Groundworks Company (Virginia Beach, US)
• BELFOR (Michigan, USA)
• DaBella (Oregon)
• Dahua Technology USA Inc. (US)
• Erie Home (Ohio)
• GREAT DAY IMPROVEMENTS, LLC (Ohio)
• Renuity (Florida)
• Renovo Home Partners (Texas)
• ReBath, LLC (Arizona)
• Signify Holding, Inc. (Netherlands) (Philip Hue-US)
• Thompson Creek (Maryland)
• Window World, Inc. (North Carolina)
• Window Nation (New Jersey)
• Window Depot USA (Ohio)

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/3296/2

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

𝐁𝐲 𝐄𝐧𝐝-𝐔𝐬𝐞

• Residential trade
• Residential Showroom
• B2C

𝐁𝐲 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐂𝐡𝐚𝐧𝐧𝐞𝐥

• Direct Selling Online
• Direct selling to the consumer
• Wholesale to retailer
• Wholesale to consumer
• Wholesalers selling online

𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐀𝐝𝐝𝐫𝐞𝐬𝐬𝐞𝐬:

• The global U.S. residential remodeling market was valued at USD 517.61 million in 2023 and is expected to grow to USD 754.75 million by 2032.

• The market is anticipated to exhibit a CAGR of 4.3% during the forecast period.

• The market is mainly segmented by end-use, distribution channel, project types, application, and region.

• In 2023, California accounted for the largest market share.

𝐂𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞 𝐭𝐨 𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/us-residential-remodeling-market

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

Energy reserving has lately become an important problem amidst the urban population, which has positively impacted the entire market in the United States. To explicate the region's requirement for environmentally sound buildings has induced the renovation of aging frameworks, which is driving the market.

𝐔.𝐒. 𝐑𝐞𝐬𝐢𝐝𝐞𝐧𝐭𝐢𝐚𝐥 𝐑𝐞𝐦𝐨𝐝𝐞𝐥𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬

• Residential showroom segment is anticipated to grow at the highest CAGR owing to its benefits such as consumers have right to observe and inspect.

• DIY sector is expected to hold a significant market share owing to the rising concerns for renovation in home with low cost and energy efficient projects.

• Key players include Andersen Corporation, ATI Restoration, Dahua Technology, Signify Holding, and GREAT DAY IMPROVEMENTS

𝐃𝐢𝐬𝐜𝐨𝐯𝐞𝐫 𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

𝐂𝐢𝐭𝐫𝐨𝐧𝐞𝐥𝐥𝐚 𝐎𝐢𝐥 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/03/16/2628905/0/en/Global-Citronella-Oil-Market-Share-Expected-a-Valuation-of-USD-193-83-Million-by-2032-at-5-4-CAGR-Polaris-Market-Research.html

𝐁𝐥𝐚𝐜𝐤 𝐏𝐡𝐨𝐬𝐩𝐡𝐨𝐫𝐮𝐬 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/03/16/2628788/0/en/With-43-0-CAGR-Global-Black-Phosphorus-Market-Share-Demand-Will-Surpass-USD-469-61-Million-By-2032-Polaris-Market-Research.html

𝐂𝐮𝐬𝐭𝐨𝐦𝐞𝐫 𝐄𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 (𝐂𝐄𝐌) 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/03/17/2629636/0/en/Global-Customer-Experience-Management-CEM-Market-Size-Share-Projected-to-Reach-USD-48-56-Billion-By-2032-With-15-6-CAGR-Polaris-Market-Research.html

𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐏𝐥𝐚𝐭𝐟𝐨𝐫𝐦 𝐀𝐬 𝐀 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐌𝐚𝐫𝐤𝐞t: https://www.globenewswire.com/news-release/2023/03/20/2630279/0/en/Global-Communication-Platform-as-a-Service-CPaaS-Market-Size-Estimated-to-Reach-USD-172-91-Billion-By-2032-at-31-0-CAGR-Polaris-Market-Research.html

𝐒𝐨𝐟𝐭 𝐓𝐢𝐬𝐬𝐮𝐞 𝐒𝐚𝐫𝐜𝐨𝐦𝐚 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: https://www.globenewswire.com/news-release/2023/03/20/2630434/0/en/Global-Soft-Tissue-Sarcoma-Treatment-Market-Size-Share-2023-Estimated-to-Reach-USD-3-704-27-Million-By-2032-at-10-7-CAGR-Analysis-by-Polaris-Market-Research.html

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

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This release was published on openPR.