Home Remodeling Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts

The Home Remodeling 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 Expected Home Remodeling Market Size During the Forecast Period?
The Home Remodeling 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 Expected Home Remodeling Market Size During the Forecast Period?

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What Are the High-Growth Segments in the Home Remodeling Market?
The home remodeling market covered in this report is segmented -

1) By Type: Do-It-Yourself (DIY), Do-It-For-Me (DIFM)
2) By Distribution Channel: Online, Offline
3) By Application: Windows And Doors, Kitchen And Bathroom, Floor And Roof, Walls, Other Applications
4) By End-Use: Residential, Commercial

Subsegments:
1) By Do-It-Yourself (DIY): DIY Home Improvement Projects, DIY Home Repair
2) By Do-It-For-Me (DIFM): Professional Remodeling Services, Home Renovation Contractors

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What Key Drivers Are Expected to Influence Future Home Remodeling Market Growth?
The anticipated growth in the home renovation market is linked to the expansion of the construction industry. The construction industry, which is pivotal in various building tasks and infrastructure enhancements, comprises of building residential and commercial structures, as well as infrastructure like highways, bridges, airports and public transportation systems. This industry's growth may result in higher demand for residential homes and foster a more competitive housing market. Consequently, homeowners might opt to remodel their current homes instead of purchasing new ones. Additionally, the integration of modern technology and materials in the construction sector could trigger homeowners' interest in incorporating these improvements into their homes. As an example, the U.S. Census Bureau, a US government agency, reported that private residential housing completions in August 2023 totaled 1,406,000 units, marking a 3.7% rise from 1,355,000 in August 2022. Hence, the expansion of the construction industry energizes the growth of the home renovation market.

Which Companies Hold the Largest Share Across Different Home Remodeling Market Segments?
Major companies operating in the home remodeling market include Andersen Corporation, JELD-WEN Holdings Inc., Kohler Co., Pella Corporation, The Home Depot Inc., Dow Inc., Kajaria Ceramics Limited, Lutron Electronics Company, Mohawk Industries Inc., Masco Corporation, Industry Cotto Possagno S.p.A, Seven Group Holdings Limited (Boral Limited), Harvey Industries Inc., Neil Kelly Company, Case Design, ABC Supply Co., Atlas Roofing Corporation, AZEK Building Products Inc., Beacon Roofing Supply Inc., Builders FirstSource Inc., CertainTeed Corporation, Cornerstone Building Brands, CRH plc, Daltile Corporation, Delta Faucet Company, D.R. Horton Inc., Johns Manville Corporation, Ferguson Enterprises LLC, GAF Materials Corporation, Georgia-Pacific LLC, James Hardie Industries plc, Lennar Corporation, Lowe's Companies Inc., Owens Corning, Ply Gem Holdings Inc., Pool Corporation, Power Home Remodeling Group

What Trends Are Driving Growth in The Home Remodeling Market?
Emerging technology is a key trend gaining traction in the home renovation industry. Firms in this market are embracing innovative technologies to maintain their market stance. For example, Lennox International Inc., a US-based provider of climate control solutions, introduced the Lennox S40 Smart Thermostat, the Lennox Smart Air Quality Monitor, and the Lennox Smart Room Sensor in January 2023 as part of its smart home offerings. The S40 Smart Thermostat is a unique, fully integrated system that smartly coordinates its operations to consistently offer perfect, healthy air. Its Schedule IQ Technology, Smart Away geo-fencing capabilities, and one-touch Away Mode ensure that it operates as efficiently as possible, providing comfort when the house is occupied and saving energy when it's not. The S40 Smart Thermostat maintains its monitoring of sensors across the home while also enhancing user experience through a range of automation features.

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What Are the Emerging Geographies for The Home Remodeling Market Growth?
North America was the largest region in the home remodeling market in 2024. The regions covered in the home remodeling 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 Home Remodeling Market?
2. What is the CAGR expected in the Home Remodeling Market?
3. What Are the Key Innovations Transforming the Home Remodeling Industry?
4. Which Region Is Leading the Home Remodeling Market?

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