In a recent research report by Maximize Market Research, the Global Home Improvement Market is expected to surpass US $ 987.80 billion by the year 2027, from US $ 762.90 billion in 2020.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than 4.4 %, during the tenure of 2021 – 2027.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of Home Improvement in the region, the Value – Chain analysis, and the PORTER’s analysis for the global Home Improvement Market at a global level.
The study is consolidated based on two major segments and further into sub-segments, By Project (DIY, DIFM), By End-use, (Kitchen Improvement & Additions, Bath Improvement & Additions, Exterior Replacements, Interior Replacements) to forecast the market size by value; also, application includes the analysis of past market dynamics from 2016 to 2020, considering 2020 as the base year.
Industry players, engineers, and scientists from a variety of worldwide laboratories are working with architects to produce efficient and cost-effective home remodeling solutions that satisfy consumer needs. A surge in the use of 3D printing has given homeowners the chance to personalize their houses with unique décor items, opening up new avenues for creative expression. 3D printing technology has lately grown in the interior design and architecture market, making it simpler to produce personalized home products with a certain style and feel, such as wallpaper, moldings, and curtain walls. 3D printing is getting increasingly popular.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players (Belfor, Coit Services, Inc., Crane Renovation Group, DKI Ventures, LLC, FirstService Corporation, Mr. Handyman, Power Home Remodeling Group, LLC, Rainbow Restoration, Servpro, Venturi Restoration, Pella Corporation, Kohler, ABC Supply Co., Neil Kelly Company, Henkel Corporation, American Exteriors, Lutron Electronics, Dreamstyle Remodeling, Steves and Sons Roxul, Builders First) in the Home Improvement Market across the region.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on the “Global Home Improvement Market.”
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