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© 2017 Global Market Insights, Inc. USA. All Rights Reserved Remodeling Market – Global Industry Forecast & Analysis over 2019 - 2024 www.gminsights.com The growing trend of providing remodeling services through online platforms has appreciably brought the construction and remodeling market into e-commerce. Right from designing and drawing up construction plans to providing 3rd party remodeling labors, online platforms are emerging as the new lucrative investment grounds where companies are massively advertising and distributing remodeling materials as well as related services to consumers.remodeling market One of the most recent precedents indicative of the vast expanse of remodeling market is that of a renovation project of Seattle’s iconic Space Needle. The reopening of the world’s famous construction landmark has made it to the headlines lately as it now boasts the first ever rotating glass floor across the globe. Incidentally, the completion of USD 100 million remodeling project has paved way for more impressive panoramic views of the city from the observation tower.
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Soaring land & construction prices have furthermore resulted into exponentially higher real estate costs, which has in turn impacted remodeling market demand. On the grounds of these changing industry trends, reports claim that the global remodeling market from the residential sector was pegged at USD 2 trillion in 2017 and is estimated to continue its robust growth in the years ahead. Besides the residential sector, remodeling market size from the commercial sector is also likely to be benefited from the corporate and industrial space renovations and is estimated to surpass USD 2.2 trillion by 2024. Residential remodeling market is expected to witness a CAGR of over 4% during the forecast period 2018 to 2024. Higher count of house gatherings along with rising consumer spending in developing economies will enhance the application market. Technological advancements providing better energy efficiency, enhanced designs, and highly durable materials along with need to increase the house security will drive the business growth globally. Increasing real estate prices in highly populated cities accompanied by the need for improved house space and design will support the services penetration. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Remodeling Market Scenario: www.gminsights.com
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© 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Request for a Sample copy of this Report @ https://www.gminsights.com/request-sample/detail/237 https://www.gminsights.com/request-sample/detail/237
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© 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/237 Competitive Analysis: Major industry players in the global remodeling market share include Andersen Corporation, ABC Supply, Builders First Source, Dow Building Solutions, Hanley Wood LLC, GAF Materials Corporation, Ferguson Enterprises, Fortune Brands Home & Security, and the Home Depot. Regional Analysis: North America Remodeling Market revenue was registered over 800 billion in 2017. Design innovations along with large disposable incomes & highest consumer spending are primary drivers for the expanding services demand in the region. Extreme climatic variations accompanied by frequent disasters support the remodeling market development in the region. Increasing necessity to improve the employee productivity and reduce energy expenses will propel the services adoption in the commercial segment.
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Latest Research Report on Remodeling Market @ https://www.gminsights.com/industry-analysis/remodeling-market https://www.gminsights.com/industry-analysis/remodeling-market Request for a Sample copy of this Report @ https://www.gminsights.com/request-sample/detail/237 https://www.gminsights.com/request-sample/detail/237 Request for customization: https://www.gminsights.com/roc/237 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Stay In Touch You can visit us at: www.gminsights.comwww.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com
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