Future of Home Improvement Spending Market: Taxonomy, Size, Comparison by Regions, Type, Top Players and Growth Forecast till 2022

According to a new study by Fact.MR., revenues from the global home improvement spending market are expected to reach nearly US$ 2,000,000 Mn by 2022-end

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Rockville, US, 2018-Apr-09 — /EPR Network/ — The global market discussion on home improvement spending industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Home Improvement Spending Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on home improvement spending market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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Key Takeaways from Fact.MR’s Report on Home Improvement Spending Market

1- Europe will continue to be the most lucrative region for growth of the home improvement spending market, in terms of revenues. Revenues from the market in this region is poised to exceed US$ 700,000 Mn by 2022-end.

2- Asia-Pacific excluding Japan (APEJ) will remain the second largest market for home improvement spending throughout the forecast period.

3- North America is expected to witness the fastest expansion in the global market through 2022.

4- In terms of revenues, Roofing is expected to remain the dominant product segment in the global market for home improvement spending.

5- Room Additions, and bathroom remodeling are estimated to register the highest CAGRs in the market through 2022.

Departmental Stores to Remain the Largest Distribution Channel in the Market

Accounting for over one-fourth revenue share of the market during 2017 to 2022, departmental stores will continue to be the largest distribution channel for home improvement spending products. Franchise stores, and Homeware stores will collectively account for nearly half revenue share of the market, with the former being more lucrative than the latter during the forecast period.

On the basis of product, roofing will remain dominant in the global home improvement spending market, in terms of revenues. Disaster repairs, and heating, ventilation & air conditioning product segments are estimated to reflect a parallel expansion at 5.7% CAGR through 2022. In addition, bathroom remodeling, and room additions segments are expected to exhibit the fastest expansion through 2022.

In terms of revenues, Europe will remain the largest market for home improvement spending, with sales projected to surpass US$ 700,000 Mn in revenues by 2022-end. Asia-Pacific excluding Japan (APEJ) is anticipated to be the second most lucrative market for home improvement spending. The market in North America will register the fastest expansion over the forecast period.

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Table of Contents:

  1. Global Home Improvement Spending Market – Executive Summary
  2. Global Home Improvement Spending Market Overview
    2.1. Introduction
    2.1.1. Global Home Improvement Spending Market Taxonomy
    2.1.2. Global Home Improvement Spending Market Definition
    2.2. Global Home Improvement Spending Market Size (US$ Mn) and Forecast, 2012-2022
    2.2.1. Global Home Improvement Spending Market Y-o-Y Growth
    2.3. Global Home Improvement Spending Market Dynamics
    2.3.1. Drivers
    2.3.2. Restraints
    2.3.3. Trends
    2.4. Supply Chain
    2.5. Manufacturing Cost
    2.6. List of Distributors
    2.7. Average Pricing Analysis
    2.8. Regulations
    2.9. Key Participants Market Presence (Intensity Map) By Region
  3. Global Home Improvement Spending Market Analysis and Forecast By Product
    3.1. Global Home Improvement Spending Market Size and Forecast By Product, 2012-2022
    3.1.1. Roofing Home Improvement Spending Market Size and Forecast, 2012-2022
    3.1.1.1. Revenue (US$ Mn) Comparison, By Region
    3.1.1.2. Market Share Comparison, By Region
    3.1.1.3. Y-o-Y growth Comparison, By Region
    3.1.2. Kitchen Remodeling Home Improvement Spending Market Size and Forecast, 2012-2022
    3.1.2.1. Revenue (US$ Mn) Comparison, By Region
    3.1.2.2. Market Share Comparison, By Region
    3.1.2.3. Y-o-Y growth Comparison, By Region
    3.1.3. Flooring Home Improvement Spending Market Size and Forecast, 2012-2022
    3.1.3.1. Revenue (US$ Mn) Comparison, By Region
    3.1.3.2. Market Share Comparison, By Region
    3.1.3.3. Y-o-Y growth Comparison, By Region
    3.1.4. Heating, Ventilation, and Air Conditioning Home Improvement Spending Market Size and Forecast, 2012-2022
    3.1.4.1. Revenue (US$ Mn) Comparison, By Region
    3.1.4.2. Market Share Comparison, By Region
    3.1.4.3. Y-o-Y growth Comparison, By Region

Continued…..

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Retail & Consumer Goods market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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