Global Market Insights, Inc. has recently added a new report on the U.S. Home Remodeling Market, which estimates the market for home remodeling in U.S. will cross USD 500 billion by 2026. Rising consumer spending along with thriving real estate sector be a key impetus for business growth over the forecast timeframe.

Shifting consumer preferences toward streamlined designs, textures, and materials owing to the popularity of mid-century & farmhouse designs will propel Kitchen improvement & additions in the U.S. home remodeling market. The growing popularity of ceramic tiles along with a steady demand for hardwood flooring will supplement the business. In addition, surging popularity of several bathroom fittings such as floating vanities, wall mounted toilets, console sink vanities and rounded rectangle vanity mirrors will stimulate professional remodeling industry.

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Increasing consumer awareness pertaining to energy conservation and environment protection by using green materials will propel the renovation of home systems over the forecast period. Rapid technological advancements & upgrades each year along with the emergence of several innovations will propel the roofing segment over the projected timeframe.



Browse key industry insights spread across 722 pages with 196 market data tables & 40 figures & charts from the report, “U.S. Home Remodeling Market Size By Project (DIY, DIFM), By Distribution Channel (Direct Selling Through Online, Direct Selling To Consumer, Wholesale To Retailer, Wholesale To Consumer, Wholesalers Selling Online), By Wholesale (Residential Trade, Residential Showroom, B2C), By Application (Windows & Doors, Kitchen Additions & Improvements, Bathroom Additions & Improvements, Landscaping, Flooring, Roofing, HVAC, Pools/Hot Tubs, Electrical Construction, Other Room Additions & Alterations), Industry Analysis Report, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026” in detail along with the table of contents:

Increase in sales of existing homes owing to steady growth in value of home equity will drive the U.S. home renovation activities. Spending on home improvements is increasing due to rising cost of material and labor coupled with enhanced expenditure of existing homeowners will foster the industry expansion. According to the Joint Center for Housing Studies of Harvard University, nuclear family homes accounted for 39% of overall U.S. rental homes. Rising housing rentals will boost U.S. home improvements initiatives.

Homeowners belonging to major states such as California, Texas and Florida possess lucrative spending capacities on home renovation projects. For instance, according to national association of home builders (NAHB), in 2018, the spending per improvement in California increased to over USD 9,565 with an increase of over 20% increase as compared with 2017.

Industry players are highly fragmented in U.S. home remodeling market due to densely populated areas in different regions. Wholesalers play a vital role in distribution of home improvement products at cost-effective prices. For instance, ABC Supply, one of the major wholesale distributors of home improvement products in the U.S. introduced a new location in Massachusetts to provide solutions and products for the customers and cater their needs. The company has a diversified product portfolio including roofing, windows, doors, siding, decking and railing products. They also assist and provides value added services for contractors through various programs and platforms.

Asphalt Shingles Market Size By Product (Dimensional Shingles, High Performance Laminated Shingles, Three-Tab Shingles), By Application (Residential {New-residential, Residential Re-roofing}, Commercial {New Commercial, Commercial Re-Roofing}) Commercial By Building Type (Office, Retail & Lodging, Industrial, Institutional), Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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