Remodeling Market

Remodeling Market Segment Analysis

The remodeling market is divided into one category based on end use: (residential [interior addition and alteration {kitchen, bath, rooms} exterior addition and alteration {porch, garden, garage} commercial [office space renovation, retail space renovation, hotel remodeling, restaurant renovation and remodeling, snow removal]) are the segment and sub-segment of remodeling market. The residential market is expected to grow at the fastest rate. Also exterior additions and alterations are expected to grow at the fastest rate. The fast-growing remodeling applications in porches, gardens, and garages are attributed to this growth, as these renovations are dependent on several factors such as high-performance, all-weather resistant materials, type of architecture, stoop for landing, and so on. Over the forecast period, the overall residential segment is expected to grow.

Commercial segment is also expected to grow at fastest rate in coming years. Commercial infrastructure is critical to a country's ability to achieve higher economic growth. Governments are encouraging commercial innovation, which has resulted in a number of megaprojects around the world. Modernization, improved health and safety, improved company image, and infrastructural layout are all benefits of office space renovation. Employees' operational and technical difficulties are reduced, and the remodeling industry grows as a result of renovation.

Remodeling Market Players

The major players operating in the global remodeling industry include Dow Building Solutions, The Home Depot, Andersen Corporation, JELD-WEN, Lutron Electronics, Pella Corporation, Masco Corporation, Neil Kelly Company, The Sherwin-Williams Company, Kohler, Case Design/Remodeling, ROCKWOOL International, Harvey Building Products, Henkel Construction, and Builders FirstSource. To provide high-end results to their customers, companies are heavily investing in several R&D activities as well as new technological advancements and innovations. Aside from market technological advancements, several industry players are investing in highly profitable remodeling projects.

Who Should Buy? Or Key Stakeholders

• Interior designing companies
• Construction companies
• Supplier of remodeling material
• Others

Key Takeaways:

• The global Remodeling Market is projected to grow at a CAGR of 4.1%
• The residential market is expected to grow at the fastest rate based on end user
• Europe is expected to hold the largest share of the global remodeling market.
• Sustainable remodeling practices are on the rise, with a focus on eco-friendly materials and energy-efficient solutions.
• The integration of smart home technology into remodeling projects is becoming increasingly popular, offering convenience, security, and energy management options to homeowners.

Remodeling Market Regional Analysis

Geographically, the remodeling market is segmented into North America, South America, Europe, APAC and MEA.

• North America: includes the US, Canada, Mexico
• Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
• Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
• South America: includes Brazil, Argentina and Rest of South America
• Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA

Europe is expected to hold the largest share of the global remodeling market. Countries such as Germany, the United Kingdom, France, and Italy are constantly investing to renovate and restructure their old establishments and properties using sustainable materials. The European Commission's laws and regulations have improved housing conditions. The government's loan program for home remodeling has provided additional assistance to financially disadvantaged families in raising their standards, thereby boosting market growth. The Energy Performance of Buildings Directive recommends a set of criteria for all new buildings in the EU to meet in order to be classified as Nearly Zero-Energy Buildings (nZEB). North America is expected to grow at fastest rate in coming years. Increased industry size will be boosted by rising improvisations in commodity price outlooks, increased business confidence, stronger exports, and increased consumption in several parts of the region. A steady upward trend in the tourism sector, as well as a growing population and increasing economic stability, will help the market grow even faster.

[caption id="attachment_7038" align="alignnone" width="680"] Remodeling Market | Exactitude Consultancy[/caption]

Key Market Segments: Remodeling Market

Remodeling Market by End Use, 2020-2029, (USD Billion)

• Residential
  • Interior Addition and Alteration
  • Kitchen
  • Bath
  • Rooms
• Exterior Addition and Alteration
  • Porch
  • Garden
  • Garage
• Commercial
  • Office Space Renovation
  • Retail Space Renovation
  • Hotel Remodeling
  • Restaurant Renovation and Remodeling
  • Snow Removal

Remodeling Market by Regions, 2020-2029, (USD Billion)

• North America
• Europe
• Asia Pacific
• South America
• Middle East and Africa

Important Countries in All Regions Are Covered

Key Question Answered

• What is the current scenario of the global remodeling market?
• What are the emerging technologies for the development of remodeling devices?
• What are the historical size and the present size of the market segments and their future potential?
• What are the major catalysts for the market and their impact during the short, medium, and long terms?
• What are the evolving opportunities for the players in the market?
• Which are the key regions from the investment perspective?
• What are the key strategies being adopted by the major players to up their market shares?

1. Introducción
   
   
   
   1. Definición de mercado
   
   
   2. Segmentación del mercado
   
   
   3. Cronología de la investigación
   
   
   4. Supuestos y limitaciones
   
   
   
   


2. Metodología de la investigación
   
   
   
   1. Minería de datos
      
      
      
      1. Secondary Research
      
      
      2. Primary Research
      
      
      3. Subject-Matter Experts’ Advice
      
      
      
      
   
   
   2. Quality Checks
      
      
      
      1. Final Review
      
      
      
      
   
   
   3. Data Triangulation
      
      
      
      1. Bottom-Up Approach
      
      
      2. Top-Down Approach
      
      
      3. Research Flow
      
      
      
      
   
   
   4. Data Sources
   
   
   
   


3. Executive Summary


4. Market Overview
   
   
   
   1. Global Remodeling Market Outlook
      
      
      
      1. Market Drivers
      
      
      2. Market Restraints
      
      
      3. Market Opportunities
      
      
      
      
   
   
   2. Impact of Covid-19 On Global Remodeling Market
   
   
   
   


5. Global Remodeling Market by End Use, (USD Million)
   
   
   
   1. Residential
      
      
      
      1. Interior Addition and Alteration
      
      
      2. Kitchen
      
      
      3. Bathrooms
      
      
      4. Rooms
      
      
      
      
   
   
   2. Exterior Addition and Alteration
      
      
      
      1. Porch
      
      
      2. Garden
      
      
      3. Garage
      
      
      
      
   
   
   3. Commercial
      
      
      
      1. Office Space Renovation
      
      
      2. Retail Space Renovation
      
      
      3. Hotel Remodeling
      
      
      4. Restaurant Renovation and Remodeling
      
      
      5. Snow Removal
      
      
      
      
   
   
   
   

6. Global Remodeling Market by End User, (USD Million)
   
   
   
   1. Electronics & Electrical
   
   
   2. Automotive
   
   
   3. Industrial
   
   
   
   


7. Global Remodeling Market by Region, (USD Million)
   
   
   
   1. Introduction
   
   
   2. Asia-Pacific
      
      
      
      1. China
      
      
      2. India
      
      
      3. Japan
      
      
      4. South Korea
      
      
      5. Australia
      
      
      6. South-East Asia
      
      
      7. Rest of Asia-Pacific
      
      
      
      
   
   
   3. North America
      
      
      
      1. United States
      
      
      2. Canada
      
      
      3. Mexico
      
      
      
      
   
   
   4. Europe
      
      
      
      1. Germany
      
      
      2. United Kingdom
      
      
      3. France
      
      
      4. Italy
      
      
      5. Spain
      
      
      6. Russia
      
      
      7. Rest of Europe
      
      
      
      
   
   
   5. South America
      
      
      
      1. Brazil
      
      
      2. Argentina
      
      
      3. Colombia
      
      
      4. Rest of South America
      
      
      
      
   
   
   6. Middle East and Africa
      
      
      
      1. UAE
      
      
      2. Saudi Arabia
      
      
      3. South Africa
      
      
      4. Rest of Middle East and Africa
      
      
      
      
   
   
   
   

8. Company Profiles* (Business Overview, Company Snapshot, Products Offered, Recent Developments)
   
   
   
   1. Dow Building Solutions
   
   
   2. The Home Depot
   
   
   3. Andersen Corporation
   
   
   4. JELD-WEN
   
   
   5. Lutron Electronics
   
   
   6. Pella Corporation
   
   
   7. Masco Corporation
   
   
   8. Neil Kelly Company
   
   
   9. The Sherwin-Williams Company
   
   
   10. Kohler                                                                                 *The Company List Is Indicative
   
   
   
   

 

LIST OF TABLES

 

TABLE 1                GLOBAL REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 2                GLOBAL REMODELING MARKETS BY REGION (USD MILLIONS) 2020-2029

TABLE 3                US REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 4               CANADA REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 5                MEXICO REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 6                BRAZIL REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 7                ARGENTINA REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 8                COLOMBIA REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 9                REST OF SOUTH AMERICA REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 10              INDIA REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 11              CHINA REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 12              JAPAN REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 13              SOUTH KOREA REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 14              AUSTRALIA REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 15              SOUTH-EAST ASIA REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 16              REST OF ASIA PACIFIC REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 17              GERMANY REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 18              UK REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 19              FRANCE REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 20              ITALY REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 21              SPAIN REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 22              RUSSIA REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 23              REST OF EUROPE REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 24              UAE REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 25              SAUDI ARABIA REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 26              SOUTH AFRICA REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

TABLE 27              REST OF MIDDLE EAST AND AFRICA REMODELING MARKET BY END USER (USD MILLIONS) 2020-2029

LIST OF FIGURES

       

FIGURE 1              MARKET DYNAMICS

FIGURE 2              MARKET SEGMENTATION

FIGURE 3              REPORT TIMELINES: YEARS CONSIDERED

FIGURE 4              DATA TRIANGULATION

FIGURE 5              BOTTOM-UP APPROACH

FIGURE 6              TOP-DOWN APPROACH

FIGURE 7              RESEARCH FLOW

FIGURE 8              GLOBAL REMODELING MARKETS BY COMPONENT, USD MILLION, 2019-2028

FIGURE 9              GLOBAL REMODELING MARKETS BY END USER, USD MILLION, 2019-2028

FIGURE 10           GLOBAL REMODELING MARKETS BY REGION, USD MILLION, 2019-2028

FIGURE 11           PORTER’S FIVE FORCES MODEL

FIGURE 12           GLOBAL REMODELING MARKETS BY COMPONENT, USD MILLION, 2019-2028

FIGURE 13           GLOBAL REMODELING MARKETS BY END USER, USD MILLION, 2019-2028

FIGURE 14           GLOBAL REMODELING MARKETS BY REGION, USD MILLION, 2019-2028

FIGURE 15           REMODELING MARKETS BY REGION 2020

FIGURE 16           MARKET SHARE ANALYSIS

FIGURE 17           CBAK ENERGY TECHNOLOGY, INC.: COMPANY SNAPSHOT

FIGURE 18           GS YUASA INTERNATIONAL LTD.: COMPANY SNAPSHOT

FIGURE 19           HITACHI, LTD.: COMPANY SNAPSHOT

FIGURE 20           LG CHEM: COMPANY SNAPSHOT

FIGURE 21           LITHIUM WERKS BV: COMPANY SNAPSHOT

FIGURE 22           PANASONIC CORPORATION: COMPANY SNAPSHOT

FIGURE 23           RENAULT GROUP: COMPANY SNAPSHOT

FIGURE 24           SAMSUNG SDI CO., LTD.: COMPANY SNAPSHOT

FIGURE 25           TOSHIBA CORPORATION: COMPANY SNAPSHOT

FIGURE 26           WANXIANG GROUP CORPORATION: COMPANY SNAPSHOT