Remodeling in the US - Industry Market Research Report

Remodeling in the US - Industry Market Research Report


Remodeling in the US

Remodelers renovate the interiors and exteriors of residential buildings. Industry activities include additions, alterations, reconstruction, maintenance and repair work. The Remodeling industry is inextricably tied to consumers' disposable income levels and propensity toward discretionary spending. A decline in consumer confidence amid uncertain economic conditions and rising mortgage rates has caused the industry to contract. Remodeling revenue has been declining at a CAGR of 0.5% to $110.8 billion over the past five years, including a projected skid of 3.4% in 2023 alone, as profit is expected to stabilize at 7.2%.

Operators in this industry remodel and renovate the interiors 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 Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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