What will be the size of Remodeling market in 2019 to 2024...?

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Remodeling Market Industry Analysis Research
And Trends Report for 2019- 2024

• 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. Remodeling market is
  expected to take a deeper dive in terms of
  revenue, surpassing USD 5 trillion by 2024.

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• Remodeling Market Scenario

• 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 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.

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• 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.

• 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.

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