Remodeling Market 2019 | Insights & Forecast Research Report 2024
Category: #headlines  By Deepak Pardhi  Date: 2019-08-01
  • share
  • Twitter
  • Facebook
  • LinkedIn

Remodeling Market 2019 | Insights & Forecast Research Report 2024

The project’s efforts to augment the overall diner’s experience with a 360-degree vista of the city skyline and Puget Sound have been forecast to have quite a profitable impact on the regional remodeling market share. The incidence is also demonstrative of the fact that such advanced construction & real-estate projects with innovative designs and sustainable materials are expected to strongly support the growth of remodeling industry in the ensuing years. In fact, the progressive roadmap traversed by the global remodeling market is vividly depicted from a recent report compiled by Global Market Insights, Inc., that claims the business space to have already surpassed a remarkable USD 3 trillion mark in 2017.

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.

Request for a Sample copy of this report @  https://www.gminsights.com/request-sample/detail/237

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.

Turns out that small-scale renovations are also slowly becoming just as popular as large scale projects, as is witnessed with bathroom & kitchen remodeling projects becoming more commonplace in the residential sector. The growing popularity of modular kitchens, designer walls, stylist bathrooms, and floor trends have significantly soared the undertaking of interior and residential construction projects. With the accelerating pace of these industry trends, the LIRA (Leading Indicator of Remodeling Activity) report further claims that the year 2018 will observe a substantial rise in the residential repairs and remodeling activities.

Make an Inquiry for Purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/237

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.

The growing trend of providing remodeling services through online platforms has appreciably brought the construction and remodeling industry 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. The benefits of cost, products, contractors, and services have significantly added to the growing popularity of this platform in the global remodeling industry.

Browse report summery @ https://www.gminsights.com/industry-analysis/remodeling-market

Capitalizing on the potential of digitalization, the e-commerce platforms are expected to offer unique opportunities while allowing the remodeling market companies to stay competitive. Amazon.com for example, joined a home-services & remodeling platform in 2015 and has expanded it to more than 15 U.S. cities. The instance goes on to validate that surely there is great deal of focus on online platforms within the remodeling market. All in all, driven by the increasing focus to enhance the overall consumer experience, remodeling market is expected to take a deeper dive in terms of revenue, surpassing USD 5 trillion by 2024.

About Global Market Insights:
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.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: [email protected]
Web: https://www.gminsights.com/
 

  • share
  • Twitter
  • Facebook
  • LinkedIn


About Author

Deepak Pardhi    

Deepak Pardhi

Deepak Pardhi carries a brief yet notable experience in the digital marketing domain having worked on several projects across a range of niche verticals. Deepak is endorsed with a B.Tech degree in electrical & electronics engineering.

...

Read More

More News By Deepak Pardhi

Indian Doors Market | Regional Growth Forecast 2019-2024
Indian Doors Market | Regional Growth Forecast 2019-2024
By Deepak Pardhi

KONE is considered as one of the forerunners in bringing eco-friendly to the Indian doors industry. The company offers a full range of industrial doors, loading bays, barriers, shutters for commercial and residential housing complexes. Reliable opera...

Compressed Air Treatment Equipment Market 2019 By Regional Statistics, CAGR, Trend & Growth Forecast To 2024
Compressed Air Treatment Equipment Market 2019 By Regional Statistics, CAGR, Trend & Growth Forecast To 2024
By Deepak Pardhi

Atlas Copco, the Swedish giant, that is claimed to constitute almost one tenth of the competitive spectrum of compressed air treatment equipment market, has undertaken a plethora of acquisitions over the recent years, to expand its geographical reach...

Flooring Market 2019 | Insights & Forecast Research Report 2024
Flooring Market 2019 | Insights & Forecast Research Report 2024
By Deepak Pardhi

Flooring Market size 2019-2024 report, added by Global Market Insights, unveils the current & future growth trends of this business sphere in addition to outlining details regarding the myriad geographies that form a part of the regional spectrum...