Home Improvement Market  Industry Outlook, Size, Growth Factors and Forecast 2029


Posted January 2, 2023 by SANDHYARANI

psychological benefits that promote social connection, the development of numerous talents, high adaptability, and efficient resource use.
 
Home Improvement Market is expected to be 35% during the forecast period and the market size is expected to reach nearly US$ 44.13 Bn by 2027.

Home Improvement Market Overview:

For the global industry’s Home Improvement market analysis, a research team did thorough primary and secondary research. Secondary research was carried out to enhance the existing data, segment the market, estimate overall market size, predict the market size, and growth rate.

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Market Scope:

Several methods for determining market value and market growth rate have been developed. Maximize research crew gathered market information and data from a variety of sources to present a more accurate regional view. The country-level analysis of the study is based on an examination of numerous regional stakeholders, regional tax laws and policies, consumer behavior, and macroeconomic data.

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Segmentation:

By Project, in 2021, the DIY home improvement market was valued at USD 290 billion, and it is expected to grow at a 4.5 percent CAGR through 2029. The demand for DIY home improvement solutions has risen due to the fast growth of e-commerce sales channels. DIY is preferred by the majority of customers since it saves money, provides satisfaction, and allows them to customize their projects. End users are involved in these initiatives, and no other third parties are involved. The segment's growth is expected to be boosted by the supply of psychological benefits that promote social connection, the development of numerous talents, high adaptability, and efficient resource use.

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

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Regional Analysis:

A country-level study of the Home Improvement Market focuses on segments identified as potentially high-growth, countries with the biggest market share, and nations with the greatest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the Home Improvement Market study.

COVID-19 Impact Analysis on Home Improvement Market:

The study investigates macroeconomic data, market trends, underlying variables, and market attractiveness by segment. COVID-19 (Corona Virus) has an influence on the product industry chain, encompassing upstream and downstream markets, regions, and nations, as well as the future growth of the industry.

Key Questions Answered in the Home Improvement Market Report are:

Which are the major players in the Home Improvement market?
What key trends are likely to emerge in the Home Improvement market in the coming years?
What will be the Home Improvement market size by 2027?
Which company held the largest share in the Home Improvement market?
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Issued By sandhayrni
Country India
Categories Marketing , Media , Research
Tags home improvement market
Last Updated January 2, 2023