1. Market Research
  2. > Construction Market Trends

Remodeling in the US - Industry Market Research Report

  • April 2017
  • 36 pages
  • Ibisworld
Report ID: 654575

Summary

Table of Contents

Search Inside

Touched up: Housing market growth will provide a boost to industry demand and revenue

Abstract
Remodeling in the US
Over the five years to 2017, the Remodeling industry has continued its upward trend, as several factors have encouraged consumers to increase spending on home improvements.

Over the five years to 2022, industry recovery will be driven by improvements in employment and per capita disposable income.

Additionally, housing prices are expected to continue rising, bolstering demand for industry services. Despite tightening monetary policy, interest rates are expected to grow slowly.

As a result, the homeownership rate is anticipated to only slightly decrease over the five years to 2022.

Consequently, industry revenue is forecast to increase, albeit at a slightly slower rate than during the previous five-year period.Operators in this industry remodel and renovate the interior and exteriors of residential buildings (i.e. single-family homes and multifamily apartment building units). Remodeling includes additions, alterations, reconstruction, maintenance and repair work.

This industry is composed of general contractors, operative remodelers, remodeling design-build companies and remodeling project construction management companies.

This industry does not include commercial remodeling.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Global Luxury Housing Construction Industry Databook for 20 Countries – Market Size & Forecast by Value and Volume (2012 – 2021)

  • $ 2900
  • Industry report
  • April 2017
  • by ConsTrack360

The global residential construction industry in value terms increased at a CAGR of 11.5% during 2012-2016. Over the forecast period of 2017 to 2021, the industry is expected to record a CAGR of 10.8%, ...

Global Affordable Housing Construction Industry Databook for 20 Countries – Market Size & Forecast by Value and Volume (2012 – 2021)

  • $ 2900
  • Industry report
  • April 2017
  • by ConsTrack360

The global residential construction industry in value terms increased at a CAGR of 11.5% during 2012-2016. Over the forecast period of 2017 to 2021, the industry is expected to record a CAGR of 10.8%, ...

Construction in Saudi Arabia Key Trends and Opportunities to 2021

  • $ 1950
  • Industry report
  • May 2017
  • by Timetric

Synopsis In real terms, the Saudi Arabian construction industry’s output contracted by 1.9% in 2016, following average annual growth of 6.2% during the preceding four years. This decline was mainly due ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.