Home Improvement Market growth outlook with industry review and forecasts 2019-2025 - PowerPoint PPT Presentation

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Home Improvement Market growth outlook with industry review and forecasts 2019-2025

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Home Improvement Market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years. – PowerPoint PPT presentation

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Title: Home Improvement Market growth outlook with industry review and forecasts 2019-2025


1
Home Improvement Market Analysis by Growth,
Trends and Forecast over 2019- 2025
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2
  • Home Improvement Market Scenario-
  • Trend towards improving energy efficiency owing
    to favorable government policies and necessity to
    reduce the electricity costs is driving the home
    improvement market growth. Many countries such as
    the U.S., China, Japan, India, and European
    countries offer tax credits as part of their
    green building regulations. Developed countries
    in Europe and North America are most willing to
    invest in sustainable solutions for the homes.
    For instance, the Renovate Europe campaign is
    enhancing the need to reduce energy bills.
  • Similarly, lower lending rates coupled with
    increasing land costs is surging the home
    improvement market development. The other key
    aspects contributing to rise in demand includes
    rapid urbanization, internal external
    migration, increasing employment, and economic
    growth in a country. For instance, as per World
    Bank, the global urban population has increased
    from 51.7 in 2010 to 54.8 in 2017.
  • Features such as technological advancements and
    design innovations in the form of new materials,
    color durable finish options will generate
    notable gains over the forecast timeframe.

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Rights Reserved
www.gminsights.com
3
Continue-
  • The home improvement spending is higher in
    countries witnessing disruptions due to
    disasters. According to Insurance Information
    Institute, in 2017, the natural catastrophe
    losses in the U.S. were estimated at around 165.3
    billion. Also, increasing average age of
    buildings has supported the home improvement
    market growth.
  • Surging demand among the consumers pertaining to
    fire-rated building products such as windows and
    doors due to rise in count of fire incidences
    will create new home improvement market growth
    opportunities.
  • System upgrades holds a substantial share in
    global home improvement market in 2018. High
    demand is expected majorly due to technological
    advancements and increase in remodeling services
    owing to old house structures. The segment
    includes spending on replacement or addition of
    products such as AC, heaters, lightings, wiring,
    plumbing fixtures, water heaters, and others.
    Also, the development of new security systems has
    surged the market expansion.

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Rights Reserved
www.gminsights.com
4
Request for a Sample Copy of this Report
_at_https//www.gminsights.com/request-sample/detail
/3251
2017 Global Market Insights, Inc. USA. All
Rights Reserved
www.gminsights.com
5
  • Regional Analysis
  • North America home improvement market was valued
    at over USD 460 billion in 2018. Growth in demand
    is expected majorly due to stringent green
    building regulations, rising electricity
    expenses, growth in internal migrations, and high
    household spending. Also, manufacturers have
    constantly focused on technological advancements,
    design innovations, and improving the product
    quality, and adhering to the changing trends such
    as offering ecofriendly products. Further, the
    lending rates in the region are comparatively
    lower and the property prices are increasing,
    thus supporting the home improvement market
    advancement.
  • Competitive Analysis
  • The global home improvement market share is
    highly competitive with presence of large count
    of global manufacturers and regional players. The
    key industry participants include ABC Supply, Dow
    Building Solutions, Kohler Co., Builders First
    Source, 3M, The Home Depot, Andersen Corporation,
    Fortune Brands Home Security, GAF Materials
    Corporation, Oldcastle Building Products,
    JELD-WEN, Hanley Wood LLC, and Ferguson
    Enterprises

Make An Inquiry To Purchase This Report _at_
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3251
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6
Latest Research Report On Home Improvement Market
_at_ https//www.gminsights.com/industry-analysis/ho
me-improvement-market Request for sample of this
research report_at_ https//www.gminsights.com/requ
est-sample/detail/3251 Request for
customization https//www.gminsights.com/roc/325
1
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Rights Reserved
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Stay In Touch You can visit us at
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Thank You!
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Rights Reserved
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