Strong Growth Ahead: Residential Remodelers Market Size To Grow At Arecord 2.8% Cagr By 2029

The Residential Remodelers Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Residential Remodelers Market?
The market size for residential remodeling has been experiencing consistent growth in the past years. Its projected growth is from $786.69 billion in 2024 to $804.37 billion in 2025, reflecting a compound annual growth rate (CAGR) of 2.2%. The growth trends observed in the historic period can be linked to factors such as economic conditions and home equity, changes in lifestyle patterns, aging housing inventory, fluctuations in the real estate market, and homeownership rates.

Forecasts indicate a consistent upward climb for the residential remodeling market in the coming years. It is predicted to inflate to $899.22 billion by 2029 following a compound annual growth rate (CAGR) of 2.8%. The projected growth within this period stems from factors such as the aging population and easy accessibility, the drive for sustainable and energy-efficient renovations, increasing technological integration in residential areas, global shift towards remote working protocols and home office setups, along with the effects of the COVID-19 pandemic on housing. The key trends expected during this forecast period encompass the growing emphasis on technology-driven project management, the creation of multigenerational living spaces, development in resilient and disaster-resistant designs, an upsurge in energy-efficient upgrades, and a heightened focus on online visibility and marketing.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9683

What Are the Emerging Segments Within 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

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9683&type=smp

What Long-Term Drivers Are Shaping Residential Remodelers Market Trends?
The anticipated increase in the construction industry is projected to boost the expansion of the residential remodelers market. The construction sphere encompasses the creation, modification, and repair of structures like homes, industries, infrastructure such as highways and bridges. The expansion of the building sector can positively impact the residential renovation market as it results in a surge in new housing constructions, thereby generating a need for remodeling services. For example, according to recent statistical data released by the United States Census Bureau, an agency of the Federal Statistical System in the US, the total US construction expenditure was $1.54 trillion in November 2020, and it escalated to $1.84 trillion in November 2022, symbolizing a 16.3% growth. Consequently, the proliferation of the construction industry is propelling the residential remodelers market.

Who Are the Top Competitors in Key Residential Remodelers Market Segments?
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.

What Residential Remodelers Market Trends Are Gaining Traction Across Different Segments?
Technological progressions are becoming quite prominent as an emerging trend in the residential remodeler market. Most of the leading firms in that market are striving to innovate new solutions to fortify their market stance. To cite an example, Eyrus Inc., an American software company, revealed significant enhancements to its platform with the introduction of Eyrus Evolved in December 2022. It's a comprehensive solution to help general contractors improve decisions relating to progress, risk, and safety. The platform, user-friendly and nonintrusive, provides complete workforce analytics and data in real time via a Unified Workforce Database. The solution allows project teams to adapt proactively to variable project conditions and positively impact schedule, safety, and cost. Eyrus platform, incorporating Construction IoT technology, reduces project administrative overhead by about 25% due to automated critical operations including worker onboarding, project timekeeping and compliance reporting.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/residential-remodelers-global-market-report

Which Regions Are Becoming Hubs for Residential Remodelers Market Innovation?
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

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Residential Remodelers Market?
2. What is the CAGR expected in the Residential Remodelers Market?
3. What Are the Key Innovations Transforming the Residential Remodelers Industry?
4. Which Region Is Leading the Residential Remodelers Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

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.