Press release
Comprehensive Residential Remodelers Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034
Residential Remodelers Market
The anticipated surge in the construction industry is set to drive the growth of the residential remodelers market. The construction industry, which specializes in the building, modifying, and repairing of structures like homes, industrial buildings, highways, bridges, and other infrastructures, is expected to positively impact the residential renovation market. This is due to the fact that growth in the construction sector leads to an increase in the number of new homes being built, thereby creating a need for remodeling services. For example, in March 2023, as highlighted in a recently published statistical report by the United States Census Bureau, an agency of the Federal Statistical System based in the US, the total spending on construction in the US was $1.54 trillion in November 2020, and it increased to $1.84 trillion in November 2022, indicating a growth of 16.3%. Hence, the booming construction industry is catalyzing the residential remodelers market.
https://www.thebusinessresearchcompany.com/report/residential-remodelers-global-market-report
What Is the projected market size and growth rate for the residential remodelers market?
Over the past few years, the size of the residential remodelers market has seen consistent expansion. It's estimated to increase from $786.69 billion in 2024 to $804.37 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 2.2%. The growth observed in the historic period is influenced by factors such as economic conditions and home equity, shifting lifestyle trends, the aging of housing inventory, real estate market fluctuations, and homeownership rates.
The market size of residential remodelers is predicted to maintain a constant upward trend in the coming years. The market is anticipated to reach a worth of $899.22 billion by the year 2029, growing at a compound annual growth rate (CAGR) of 2.8%. This anticipated growth during the forecast period can be linked to factors such as the aging population and ease of access, eco-friendly and energy-saving improvements, technological advancements in home appliances, changing work-from-home and remote work scenarios, and the impact of the COVID-19 pandemic. The forecast period is also expected to witness significant trends such as technologically-advanced project administration, living spaces suitable for multiple generations, designs resistant to disasters and damages, energy-saving improvements, and an increased digital footprint in terms of online marketing strategies.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9683&type=smp
What new trends are reshaping the residential remodelers market and its opportunities?
One notable trend emerging in the residential remodeler market is the focus on technological advancements. Key players in the industry are building on innovative solutions to solidify their market position. For example, in December 2022, Eyrus Inc., a software firm from the US, unveiled significant enhancements to its platform with the introduction of Eyrus Evolved. This end-to-end solution aids general contractors in making informed decisions on progress, risk, and safety. Its user-friendly system provides comprehensive workforce information and real-time analytics through a Consolidated Workforce Database. It allows project teams to quickly adjust in fluctuating project environments to positively impact schedule, safety, and cost parameters. The Eyrus platform can reduce the project administrative overhead by 25%, automating crucial tasks such as worker onboarding, project timekeeping, and compliance reporting through the incorporation of Construction IoT (Internet of Things) technology.
What major market segments define the scope and growth of the residential remodelers market?
The residential remodelers market covered in this report is segmented -
1) By Project: DIY (Do It Yourself), Professional
2) By Distribution Channel: Online, Offline
3) By Application: Flooring, Walls, Ceilings, Porches, Gardens, Garages, System And Equipment, Disaster Repair, Other Applications
Subsegments:
1) By DIY (Do It Yourself): Basic Projects, Intermediate Projects, Complex Projects
2) By Professional: General Contractors, Specialized Contractors, Design-Build Firms
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9683
Which region dominates the residential remodelers market?
North America was the largest region in the residential remodelers market in 2024. The regions covered in the residential remodelers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the residential remodelers industry growth?
Major companies operating in the residential remodelers market include Andersen Corporation, Dow Inc., Jeld-Wen Holdings Inc., Kohler Co., Pella Corporation, Seven Group Holdings Limited, Industrie Cotto Possagno S.p.A, Lutron Electronics Inc., Mohawk Industries Inc., Masco Corporation, Ferguson Enterprises Inc., Case Design/Remodeling Inc., Trex Company Inc., D.R. Horton Inc., Lennar Corporation, PulteGroup Inc., NVR Inc., Taylor Morrison Home Corporation, KB Home Inc., Meritage Homes Corporation, Clayton Properties Group Inc., Century Communities Inc., LGI Homes Inc., Anywhere Remodeling, Power Home Remodeling Group, Dreamstyle Remodeling Inc., Reborn Cabinets Inc., Kitchen Magic Inc.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=9683&type=smp
What Is Covered In The Residential Remodelers Global Market Report?
• Market Size Forecast: Examine the residential remodelers market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the residential remodelers market for a structured understanding.
• Key Players Overview: Analyze major players in the residential remodelers market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the residential remodelers market.
• Segment Contributions: Evaluate how different segments drive overall growth in the residential remodelers market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the residential remodelers market.
• Industry Challenges: Identify potential risks and obstacles affecting the residential remodelers market.
• Competitive Landscape: Review strategic developments in the residential remodelers market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Comprehensive Residential Remodelers Market Insights: Forecasting Size, Growth, and Competitive Trends from 2025 to 2034 here
News-ID: 3895541 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
Digital Living Room Market 2017 - 2025 : Sharp Corporation, BenQ Corporation, So …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
