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Remodeling in the US - Industry Market Research Report

Remodeling in the US

Over the five years to 2018, the Remodeling industry has expanded as a result of several economic factors that have encouraged an increase in consumer spending on home improvements. A steep decline in unemployment has led to improvements in consumers' disposable income levels, causing homeowners to undertake more professional remodeling projects, thereby benefiting industry demand. Additionally, favorable mortgage rates and rising home prices are expected to yield an active housing construction sector in 2018. Over the five years to 2023, industry growth will be driven by rising per capita disposable income. Additionally, housing prices are expected to continue rising, bolstering demand for industry services as homeowners often leverage the value of their homes through loans to fund remodeling projects. Despite tightening monetary policy, interest rates are expected to grow slowly to prevent any shocks to the market.

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.

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2018)
    • Table Industry Structure
  • Industry Performance
    • Table Private spending on home improvements
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table Products and services segmentation (2018)
    • Table Major market segmentation (2018)
    • Table Business Locations 2018
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Enterprises by employment size (2014)*
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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