Press release
Surge In Home Improvement Shows Fueling The Growth Of The Market Due To Increasing Homeowner Interest In DIY Renovations: Strengthening the Growth Trajectory of the Kitchen Remodel Services Market
Kitchen Remodel Services
What Is the Expected CAGR for the Kitchen Remodel Services Market Through 2025?
The market size for kitchen makeover services has seen substantial growth in recent years. It is projected to expand from $11.07 billion in 2024 to $11.86 billion in 2025, resulting in a compound annual growth rate (CAGR) of 7.2%. This increase in the historical timeframe is a consequence of several factors: Growing trends in home refurbishment, an increase in discretionary income, a surge in property values, heightened demand for contemporary kitchens, along with the escalating impact of home improvement-related media.
What's the Projected Size of the Global Kitchen Remodel Services Market by 2029?
It is anticipated that the kitchen remodel services market will maintain robust expansion in the coming years, ballooning to $15.73 billion by 2029 at a compound annual growth rate (CAGR) of 7.3%. The upswing over the projection period can be ascribed to a growing emphasis on cutting-edge kitchen technologies, increased demand for green and sustainable materials, surging urbanization and shrinking living spaces, rising preference for modular kitchen aesthetics, and a need for upgrades in aged housing inventories. Noteworthy trends expected through the forecast duration encompass advancements in eco-friendly kitchen appliances, prolific use of 3D visualization and design software, establishing multifunctional kitchen spaces, cultivating innovative solutions in space-saving storage and progressive incorporation of IoT-backed kitchen systems.
View the full report here:
https://www.thebusinessresearchcompany.com/report/kitchen-remodel-services-global-market-report
Top Growth Drivers in the Kitchen Remodel Services Industry: What's Accelerating the Market?
The kitchen remodel services market is projected to expand due to the growing popularity of home improvement shows. These shows, either broadcasted on TV or streamed online, concentrate on the makeover, redecoration, and upgrading of houses. The appeal of these programs is fuelled by homeowners' growing interest in do-it-yourself renovations, as these shows offer economical solutions and allow viewers to customize their spaces. Kitchen makeover services augment the appeal of home improvement shows by exhibiting impressive transformations that accentuate modern design ideas, enhance functionality, and add to a home's value, catching viewers' attention with dramatic before-and-after outcomes. For example, Fittra Ltd., a construction company in the UK, reported that in 2024, 88% of UK homeowners had carried out renovations in 2022. Also, a retail company named Hillarys in the UK noted that UK's average individual home improvement spending escalated to £17,000 ($22,671) in 2023, marking a rise of 4.6% from the preceding year. Hence, the escalating popularity of home improvement shows is spurring growth in the kitchen remodeling services market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=23733&type=smp
What Long-Term Trends Will Define the Future of the Kitchen Remodel Services Market?
Prominent firms in the kitchen remodel services market are prioritizing the delivery of superior remodeling services to gain a competitive advantage. These top-tier services encompass expert renovation efforts marked by extraordinary skill, long-lasting materials, and fine attention to detail. For example, River City Construction Inc., a construction company based in the United States, introduced its home remodeling services in Boston in September 2024, bringing a novel and creative touch to house renovation in the city. The firm's specialty lies in kitchen remodeling, offering extensive solutions to turn kitchens into contemporary, utilitarian, and trendy areas. Their proficiency includes tailor-made kitchen designs, upgrading of appliances, pocket-friendly makeovers, and luxury renovations, all precisely customized to satisfy the distinctive requirements and choices of homeowners in Boston and neighboring regions.
What Are the Main Segments in the Kitchen Remodel Services Market?
The kitchen remodel services market covered in this report is segmented -
1) By Type: Wall, Floor, Cabinet
2) By Service Type: Design, Installation, Renovation, Custom Cabinetry, Countertops, Flooring, Plumbing, Electrical, Other Types
3) By Application: Residential, Commercial
4) By Distribution Channel: Online, Offline
Subsegments:
1) By Wall: Paint, Wallpaper, Tile Backsplash, Wall Panels, Open Shelving Installations
2) By Floor: Hardwood, Laminate, Vinyl, Tile, Stone
3) By Cabinet: Stock Cabinets, Semi-Custom Cabinets, Custom Cabinets, Cabinet Refacing, Cabinet Hardware Replacement
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=23733&type=smp
Which Top Companies are Driving Growth in the Kitchen Remodel Services Market?
Major companies operating in the kitchen remodel services market are The Home Depot Inc., Lowe's Companies Inc., IKEA Group, HomeAdvisor Inc., CliqStudios Inc., Modsy Inc., enovo Home Partners LLC, Re-Bath LLC, Cabinets To Go Inc., Neil Kelly Company Inc., Plain & Fancy Custom Cabinetry Inc., DreamMaker Bath & Kitchen, Kitchen Saver Inc., Kitchen Magic Inc., Schuler Cabinetry Inc., Alure Home Improvements Inc., Case Design/Remodeling Inc., Kitchen Tune-Up LLC, Classic Home Improvements Inc., Harth Builders Inc.
Which Regions Will Dominate the Kitchen Remodel Services Market Through 2029?
North America was the largest region in the kitchen remodel services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the kitchen remodel services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=23733
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Speak With Our Expert: Saumya Sahay: Americas +1 310-496-7795: Asia +44 7882 955267 & +91 8897263534: Europe +44 7882 955267: Email: saumyas@tbrc.info: The Business Research Company - www.thebusinessresearchcompany.com: Follow Us On: LinkedIn: https://in.linkedin.com/company/the-business-research-company
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 Surge In Home Improvement Shows Fueling The Growth Of The Market Due To Increasing Homeowner Interest In DIY Renovations: Strengthening the Growth Trajectory of the Kitchen Remodel Services Market here
News-ID: 4187704 • Views: …
More Releases from The Business Research Company
Robotic Arm For Space Market Expected to Achieve 14.2% CAGR by 2029: Growth Fore …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Robotic Arm For Space Market Size By 2025?
The market size of the robotic arm for space has experienced rapid growth in past years. It's expected to expand from $3.61 billion in 2024, to $4.14 billion in 2025, constituting a compound annual growth rate (CAGR)…
Recruitment Advertising Agency Market Trends That Will Shape the Next Decade: In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Recruitment Advertising Agency Market Size Growth Forecast: What to Expect by 2025?
There has been significant expansion in the recruitment advertising agency market in the past few years. From $6.35 billion in 2024, it's set to increase to $6.88 billion in 2025, demonstrating a compound annual growth rate (CAGR)…
The Rise In Consumer Electronics Driving The Growth Of The Market Due To Increas …
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 Radio Frequency (RF) Microwave Multi-layer Ceramic Capacitors (MLCC) Market Through 2025?
The market size of multi-layer ceramic capacitors in the radio frequency (RF) microwave sector has seen considerable growth in the past few years. Predictions indicate that this market will expand from…
Steady Expansion Forecast for Quantum-Safe Remote Management Interface Market, P …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Quantum-Safe Remote Management Interface Industry Market Size Be by 2025?
The market size for quantum-safe remote management interfaces has seen a significant boost in the past few years. There will be a surge from 1.31 billion dollars in 2024 to 1.62 billion dollars in 2025, with…
More Releases for Kitchen
Cloud kitchen Market Outlook 2024-2031: Trends and Opportunities/ , Kitchen Unit …
The global Cloud kitchen market is anticipated to grow at a CAGR of 10.2% during the forecast period (2024-2031). The factors that are driving this market are rising demand for online food delivery, increasing number of working professionals and expansion of the food and beverage industry.
In April 2023, Curefoods, multi brand cloud kitchen chain in India, has raised Rs3bn ($36.6m) in a combined equity and debt funding round to expedite…
Self-governing Cloud Kitchen, Commissary/Shared Kitchen, Kitchen Pods are some t …
The ‘Cloud Kitchen Market’ study added by Reports web, exhibits a comprehensive analysis of the growth trends present in the global business scenario. The study further presents conclusive data referring to the commercialization aspects, industry size and profit estimation of the market. The major driver boosting the growth of Cloud Kitchen market is the increasing need among facility managers to minimize day-to-day operational costs of maintaining and managing facilities.
The trends…
Cloud Kitchen Market 2020-2026| Kitchen United, Rebel Foods, DoorDash Kitchen, Z …
Cloud Kitchen Market study by “Reportsweb” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.
A cloud kitchen is primarily a restaurant kitchen that accepts incoming orders only through online ordering systems and offers no dine-in facility. Cloud kitchens are also known as dark kitchens, ghost kitchens, virtual…
Cloud Kitchen Market Trends Shows a Rapid Growth by 2027 | Kitchen United, Rebel …
Cloud kitchens are also known as dark or shared kitchens. Cloud kitchens are delivery-only kitchens, which can be owned by a brand or third party working with various brands. Brands which are using cloud kitchens can also operate virtual restaurants or brick-and-mortar restaurant.
The rise of on-demand food delivery is becoming a key trend in the food and beverages industry. Therefore, cloud kitchens represent a crucial element of this process, as…
Cloud Kitchen Market - United, Rebel Foods, DoorDash Kitchen, Zuul Kitchen, Keat …
Cloud kitchens are delivery-only kitchens which can be owned by a brand or third party working with various brands. Brands which are using cloud kitchens can also operate virtual restaurant or brick-and-mortar restaurant. Moreover, on the flip side brick-and-mortar restaurants are using separate cloud kitchen to provide more efficient delivery. Furthermore, rise in utilization of independent cloud kitchens by grocery stores, restaurant brands and multi-branded restaurants have augmented the growth…
Cloud Kitchen Market 2020-2026 - Kitchen United, Rebel Foods (Formerly Faasos), …
Cloud kitchens are also known as dark or shared kitchens. Cloud kitchens are delivery-only kitchens, which can be owned by a brand or third party working with various brands. Brands which are using cloud kitchens can also operate virtual restaurants or brick-and-mortar restaurant. Moreover, on the flip side brick-and-mortar restaurants are using separate cloud kitchen to provide more efficient delivery. In addition, the rise of on-demand food delivery is becoming…
