Recreational Boating Market to Record CAGR of 6.5%Over 21-2027

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Remodeling Market Outlook 2021 - Industry
Statistics Analysis by 2027
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Industry Insights

• Global remodeling market is set to gain
  significant traction over the estimated timeline.
  This is a result of changing lifestyles and
  purchasing habits, along with the rapid recovery
  of the construction sector in the Middle East and
  the Asia Pacific regions. Likewise, the strong
  demand for compact, highly functional, and
  durable materials across the residential sector
  will also provide growth opportunities for the
  industry in the years ahead.
• Consumers are increasingly focusing on making
  interior additions and alterations in bathrooms
  and kitchens. With the onset of the coronavirus
  pandemic causing people to spend more time at
  home, the desire for custom kitchens that reflect
  their personalities has also been steadily rising
  over the past year. The surging number of
  shopping malls, supermarkets, and theaters across
  developed cities will further add impetus to the
  market demand over the foreseeable future.The
  global remodeling market is expected to register
  a revenue of more than 4.9 trillion by 2027.

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• Growing investment interest in building and
  construction activities, especially in the
  residential sector, has been observed, owing to
  the availability of innovative technologies,
  products, and high-end storage solutions. Rapid
  industrialization and increasing per capita
  income are projected to further augment
  residential renovation activities and in turn,
  bolster the remodeling industry share over the
  forecast spell.
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• With regards to end-use, the global remodeling
  market from the residential segment is
  anticipated to be valued at nearly 2,760 billion
  by 2027.The residential segment is further
  bifurcated into exterior additions and
  alternations, interior additions and alteration
  and others sub-segments. Of these, the exterior
  additions and alterations sub-segment will depict
  a CAGR of 3.8 through 2027, due to the strong
  emphasis on remodeling of gardens, garages, and
  porches.

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Browse complete Table of Contents (ToC) of this
research report _at_ https//www.gminsights.com/toc/
detail/remodeling-market Data Tables TABLE 1
Global remodeling market estimates and forecast,
2017 2027, (USD Billion) TABLE 2 Global
remodeling market revenue by end-use, (USD
Billion), 2017 2027 TABLE 3 Global
remodeling market revenue estimates and forecast
by region, 2017 2027 (USD Billion) TABLE 4
Key supplier
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TABLE 5 Key manufacturers TABLE 6
European policy option in building
construction TABLE 7 Industry best practices
key buying criteria TABLE 8 Cost
elements TABLE 9 Industry impact
factors TABLE 10 Key stakeholders TABLE 11
Strategy dashboard TABLE 12 Global
residential remodeling market revenue estimates
forecast, (USD Billion), 2017-2027 TABLE 13
Global residential remodeling market revenue
estimates forecast, by region, (USD Billion),
2017-2027

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Region

• The North America remodeling industry is
  projected to exhibit a 3.9 CAGR through 2027, as
  a result of the significant increase in
  residential remodeling activities due to the
  rising prices of new homes. Shifting consumer
  preferences towards luxurious living spaces and
  energy-efficient systems in countries like Canada
  and the U.S. will also create a major upsurge in
  demand for home remodeling activities over the
  foreseeable future.

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Key Players

• The Home Depot
• Andersen Corporation
• JELD-WEN
• Lutron Electronics
• Pella Corporation
• Masco Corporation
• Neil Kelly Company
• The Sherwin-Williams Company

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