Home Improvement Market Updates : Projected to Surpass USD 11.72 Bn by 2030

𝐇𝐨𝐦𝐞 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 is anticipated to reach US$ 11.72 Bn by 2030 from US$ 8.67 Bn in 2023 at a CAGR of 4.4% during a forecast period.

𝐇𝐨𝐦𝐞 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰:

The Home Improvement Market is experiencing robust growth, driven by evolving consumer preferences for energy-efficient, technologically advanced, and aesthetically appealing living spaces. Rapid urbanization, rising disposable incomes, and government initiatives, such as tax credits and incentives for green building projects, are fueling this growth. The increasing popularity of e-commerce platforms has further revolutionized the market, enabling homeowners to easily access renovation materials and components online. Additionally, advancements in smart home technologies, coupled with the rise of DIY home improvement trends, are propelling the market forward. With a focus on sustainability, functionality, and luxury, the market is poised for significant expansion in the coming years.

𝐖𝐚𝐧𝐭 𝐭𝐨 𝐒𝐞𝐞 𝐭𝐡𝐞 𝐓𝐫𝐞𝐧𝐝𝐬? 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐓𝐨𝐝𝐚𝐲 :https://www.maximizemarketresearch.com/request-sample/122436/

𝐃𝐫𝐢𝐯𝐞𝐫𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐇𝐨𝐦𝐞 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭:

Key drivers of the Home Improvement Market include the growing demand for smart home solutions, such as integrated home control systems that enhance convenience, security, and energy efficiency. Increasing mortgage rates and high housing prices are encouraging homeowners, particularly millennials, to invest in home renovations rather than purchasing new properties. The surge in urbanization and rising awareness of sustainable living practices have also bolstered the market. Furthermore, the availability of innovative products like motion-sensing faucets, energy-efficient appliances, and stylish exterior replacements continues to attract consumers, while the convenience and accessibility offered by e-commerce platforms are revolutionizing purchasing behaviors, further driving market growth.

𝐌𝐞𝐫𝐠𝐞𝐫𝐬 𝐚𝐧𝐝 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐇𝐨𝐦𝐞 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐔𝐩𝐝𝐚𝐭𝐞𝐬

𝐇𝐨𝐦𝐞 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam's home improvement sector is experiencing a surge, propelled by rapid urbanization and a burgeoning middle class. The government's emphasis on infrastructure development and urban housing projects has created a fertile ground for market growth. Additionally, the rise of e-commerce platforms has made home improvement products more accessible to consumers, further stimulating market expansion.

𝐓𝐡𝐞 𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬 𝐜𝐚𝐧 𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 :https://www.maximizemarketresearch.com/inquiry-before-buying/122436/

𝐇𝐨𝐦𝐞 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand's home improvement market is witnessing significant growth, driven by increased consumer spending on home renovations and a rising trend towards DIY projects. The Thai government's initiatives to promote urban development and housing have also played a crucial role in this expansion. The market is expected to continue its upward trajectory, with a focus on modernizing living spaces and incorporating energy-efficient solutions.

𝐇𝐨𝐦𝐞 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

In Japan, the home improvement market is characterized by a strong inclination towards energy-efficient and space-saving solutions, reflecting the country's commitment to sustainability and efficient use of limited space. Technological advancements and innovative designs are at the forefront, catering to the Japanese consumers' preference for high-quality and functional home improvements.

𝐇𝐨𝐦𝐞 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea's home improvement market is marked by a consolidation trend, with major players expanding their market share through mergers and acquisitions. The focus is on enhancing product offerings and integrating advanced technologies to meet the evolving demands of consumers. This consolidation is expected to streamline the market and foster competitive pricing.

𝐇𝐨𝐦𝐞 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore's home improvement sector is undergoing significant updates, with a strong emphasis on smart home technologies and sustainable living solutions. The government's green building initiatives and the increasing consumer awareness of environmental issues are driving the adoption of eco-friendly home improvement products. The market is poised for continued growth, with a focus on innovation and quality.

𝐇𝐨𝐦𝐞 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬

The United States remains a dominant player in the home improvement market, with homeowners investing heavily in renovations and upgrades. The trend towards DIY projects is particularly strong, supported by the availability of a wide range of products and online resources. The market is expected to maintain its growth momentum, driven by technological advancements and a focus on energy efficiency.

𝐇𝐨𝐦𝐞 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

Europe's home improvement market is experiencing steady growth, with a significant emphasis on sustainability and energy-efficient solutions. The European Union's stringent environmental regulations and the increasing consumer demand for green products are propelling the market forward. The region is also witnessing a rise in DIY projects, supported by a robust e-commerce infrastructure.

𝐊𝐞𝐲 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

𝐓𝐡𝐞 𝐇𝐨𝐦𝐞 𝐃𝐞𝐩𝐨𝐭 𝐚𝐧𝐝 𝐋𝐨𝐰𝐞'𝐬 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 have reported increased sales, attributed to the rising trend of DIY home improvement projects.

𝐊𝐢𝐧𝐠𝐟𝐢𝐬𝐡𝐞𝐫 launched a home improvement e-commerce platform at Castorama France in March 2024, marking a significant expansion of its marketplace offering.

In October 2023, 𝐌𝐚𝐫𝐤𝐞𝐭𝐁𝐥𝐚𝐬𝐭 announced a product innovation search in the growing home improvement industry, encompassing innovations in tools, hardware, DIY, and home improvement products.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐮𝐥𝐥 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 @https://www.maximizemarketresearch.com/request-sample/122436/

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐇𝐨𝐦𝐞 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭:

by Project

DIY
DIFM

by Application

Online Marketing
Offline Marketing

by End-use

Kitchen Improvement & Additions
Bath Improvement & Additions
Exterior Replacements
Interior Replacements

𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐚𝐛𝐨𝐮𝐭 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 𝐯𝐢𝐬𝐢𝐭:https://www.maximizemarketresearch.com/market-report/home-improvement-market/122436/

𝐖𝐡𝐨 𝐢𝐬 𝐭𝐡𝐞 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐦𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐞𝐫𝐬 𝐨𝐟 𝐇𝐨𝐦𝐞 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞?

1. Belfor
2. Coit Services, Inc.
3. Crane Renovation Group
4. DKI Ventures, LLC
5. FirstService Corporation
6. Mr. Handyman
7. Power Home Remodeling Group, LLC
8. Rainbow Restoration
9. Servpro
10. Venturi Restoration
11. Pella Corporation
12. Kohler
13. ABC Supply Co.
14. Neil Kelly Company
15. Henkel Corporation
16. American Exteriors
17. Lutron Electronics
18. Dreamstyle Remodeling
19. Steves and Sons Roxul
20. Builders FirstSource

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐑𝐞𝐥𝐚𝐭𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 :

♦ Aircraft ACMI Leasing Market : https://www.maximizemarketresearch.com/market-report/aircraft-acmi-leasing-market/148300/

♦ Paraffin Inhibitors Market : https://www.maximizemarketresearch.com/market-report/paraffin-inhibitors-market/147995/

♦ Natural Stone and Marble Market : https://www.maximizemarketresearch.com/market-report/natural-stone-and-marble-market/148185/

♦ Builder Hardware Market : https://www.maximizemarketresearch.com/market-report/builder-hardware-market/148421/

♦ Desiccant Market : https://www.maximizemarketresearch.com/market-report/desiccant-market/148807/

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐌𝐚𝐱𝐢𝐦𝐢𝐳𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

𝐌𝐀𝐗𝐈𝐌𝐈𝐙𝐄 𝐌𝐀𝐑𝐊𝐄𝐓 𝐑𝐄𝐒𝐄𝐀𝐑𝐂𝐇 𝐏𝐕𝐓. 𝐋𝐓𝐃.
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