미국의 주택 리모델링 시장 규모, 점유율 및 동향 분석 보고서 : 서비스 유형별, 용도별, 국가별, 부문별 예측(2024-2030년)

U.S. Residential Remodeling Market Growth & Trends:

The U.S. residential remodeling market size is anticipated to reach USD 716.18 billion by 2030, registering a CAGR of 4.6% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing demand for products such as ceilings, outdoor decks, flooring, bathrooms, and kitchens that are aesthetically pleasing, cost-effective, and eco-friendly has increased in home renovation projects. Increasing disposable income of homeowners has also contributed to this trend in recent years and is expected to contribute to market growth in the coming years.

Manufacturers of remodeling products have incorporated their presence throughout the value chain to disassemble existing structures and install new products. These companies offer services that are based on analysis of an existing structure and search for a solution that will rebuild the structure according to the customer's needs. For example, companies such as Jenks Restorations consider the damage to a building as a result of natural disasters, fire, or water and adapt repairs and rebuild work accordingly.

The threat of substitutes is low to medium in the U.S. residential market as most players have different ranges of specialized offerings. The nature of the industry forces consumers to choose from local players, which are considerably limited due to the high cost of establishing of network.

Cement, lumber, plastic, aluminum, copper, and steel are just a few of the raw materials used in the home remodeling industry. According to various studies, the prices of raw materials do not show a constant upward or downward trend, making it difficult for manufacturers and buyers to make long-term decisions regarding raw material procurement and product selection. Products such as steel and lumber have seen an increase in prices due to disruption in supply chain and transportation, leading to shortages. Socioeconomic problems such as the Russia-Ukraine war have also affected the availability and movement of raw materials.

Rising prices of housing and property have led to increased renovation works on existing houses as the spending levels of the population has grown in recent years. This has given a boost to the residential remodeling market. Shifting focus toward aesthetically pleasing interiors and exteriors of the house has led to remodeling projects in various households. The interest in incorporating smart equipment in homes has also helped in increasing the need for remodeling houses.

U.S. Residential Remodeling Market Report Highlights:

• The residential remodeling market has experienced a surge in recent years as the energy efficiency of residential buildings has increased, resulting in lower energy bills. The increasing real estate rates have also caused consumers to remodel their homes instead of purchasing new ones. In addition, the growing emphasis on interior and exterior design has also contributed to the growth of the residential remodeling industry
• The specialized service provider segment dominated the market with a revenue share of 81.8% in 2023. Specialized service providers specialize in one or more of the following services, such as concrete and masonry, electrical & insulation, mechanical systems, plumbing systems, roofing, and siding. Specialized service providers ensure that high-quality and durable materials are used while remodeling any part of the building
• The remodeling of residential systems and equipment accounted for the largest market share of 26.5% in 2023. This growth is attributed to the growing number of people using consumer electronics in their homes in the U.S. This has resulted in the need for modernized systems in the United States that help to level out electrical connections in homes
• California residential remodeling segment accounted for a revenue share of 13.8% of the overall market in 2023. The market in California is expected to grow as it is among the largest states in the U.S. economy, in terms of GDP, construction activities, and per capita income of the population. Moreover, the increase in disposable income primarily drives the demand for residential remodeling in the U.S.
• Most of the market players focus on forward integration by offering maintenance services in addition to manufacturing services. They also focus on offering customization services through online portals and in-house staff as well as utilizing both online and offline distribution channels to interact with their customers
• In November 2023, a Groundworks Company acquired Texas-based Eco-Soil Stabilizers, which offers residential customers and homebuilders a proprietary soil stabilization injection technology. Thus, A Groundworks Company aims to leverage this technology to enhance foundation repairs of residential buildings across the U.S.

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation & Scope
• 1.2. Market Definitions
• 1.3. Information Procurement
  • 1.3.1. Information Analysis
  • 1.3.2. Market Formulation & Data Visualization
  • 1.3.3. Data Validation & Publishing
• 1.4. Research Scope and Assumptions
  • 1.4.1. List To Data Sources

Chapter 2. Executive Summary

• 2.1. Market Snapshot
• 2.2. Segment Snapshot
• 2.3. Competitive Landscape Snapshot

Chapter 3. U.S. Residential Remodeling Market Variables, Trends & Scope

• 3.1. Market Ancillary Outlook
  • 3.1.1. Windows and Doors Market
• 3.2. Industry Value Chain Analysis
  • 3.2.1. Sales Channel Analysis
• 3.3. Technology Overview
• 3.4. Regulatory Framework
• 3.5. Market Dynamics
  • 3.5.1. Market Driver Analysis
    • 3.5.1.1. Changing Preferences in Home Technology and Design
    • 3.5.1.2. Changing Housing Patterns
  • 3.5.2. Market Restraint Analysis
    • 3.5.2.1. Fluctuations in Raw Material Prices
  • 3.5.3. Industry Opportunities
• 3.6. Porter's Five Forces Analysis
• 3.7. Macro-environmental Analysis
• 3.8. U.S. Residential Remodeling Market Analysis by:
  • 3.8.1. Demographic
  • 3.8.2. Types of Projects
  • 3.8.3. Do-it-yourself vs General Contractor
  • 3.8.4. Movers' vs Residents
• 3.9. Market Disruption Analysis

Chapter 4. U.S. Residential Remodeling Market: Service Type Estimates & Trend Analysis

• 4.1. Key Takeaways
• 4.2. Service Type Movement Analysis & Market Share, 2023 & 2030
• 4.3. U.S. Residential Remodeling Market Estimates & Forecast, by Service Type, 2018 - 2030 (USD Billion)
  • 4.3.1. Full-Remodeling Service Providers
    • 4.3.1.1. Full-Remodeling Residential Service Providers Market Estimates & Forecast, 2018 - 2030 (USD Billion)
  • 4.3.2. Specialized Service Providers
    • 4.3.2.1. Specialized Residential Service Providers Market Estimates & Forecast, 2018 - 2030 (USD Billion)

Chapter 5. U.S. Residential Remodeling Market: Application Estimates & Trend Analysis

• 5.1. Key Takeaways
• 5.2. Application Movement Analysis & Market Share, 2023 & 2030
• 5.3. U.S. Residential Remodeling Market Estimates & Forecast, by Application, 2018 - 2030 (USD Billion)
  • 5.3.1. Flooring
    • 5.3.1.1. Residential Remodeling Market Estimates & Forecast, for Flooring, 2018 - 2030 (USD Billion)
  • 5.3.2. Walls
    • 5.3.2.1. Residential Remodeling Market Estimates & Forecast, for Walls, 2018 - 2030 (USD Billion)
  • 5.3.3. Ceilings
    • 5.3.3.1. Residential Remodeling Market Estimates & Forecast, for Ceilings, 2018 - 2030 (USD Billion)
  • 5.3.4. Porch, Garden and Garage
    • 5.3.4.1. Residential Remodeling Market Estimates & Forecast, for Porch, Garden and Garage, 2018 - 2030 (USD Billion)
  • 5.3.5. System & Equipment
    • 5.3.5.1. Residential Remodeling Market Estimates & Forecast, for System & Equipment, 2018 - 2030 (USD Billion)
  • 5.3.6. Disaster Repair
    • 5.3.6.1. Residential Remodeling Market Estimates & Forecast, for Disaster Repair, 2018 - 2030 (USD Billion)
  • 5.3.7. Other Applications
    • 5.3.7.1. Residential Remodeling Market Estimates & Forecast, for Other Applications, 2018 - 2030 (USD Billion)

Chapter 6. B U.S. Residential Remodeling Market: Country Estimates & Trend Analysis

• 6.1. Key Takeaways
• 6.2. U.S.
  • 6.2.1. U.S. Residential Remodeling Market Estimates & Forecast, 2018 - 2030 (USD Billion)
  • 6.2.2. California
    • 6.2.2.1. California Residential Remodeling Market Estimates & Forecast, 2018 - 2030 (USD Billion)
  • 6.2.3. Texas
    • 6.2.3.1. Texas Residential Remodeling Market Estimates & Forecast, 2018 - 2030 (USD Billion)
  • 6.2.4. Georgia
    • 6.2.4.1. Georgia Residential Remodeling Market Estimates & Forecast, 2018 - 2030 (USD Billion)
  • 6.2.5. Florida
    • 6.2.5.1. Florida Residential Remodeling Market Estimates & Forecast, 2018 - 2030 (USD Billion)
  • 6.2.6. Ohio
    • 6.2.6.1. Ohio Residential Remodeling Market Estimates & Forecast, 2018 - 2030 (USD Billion)
  • 6.2.7. Illinois
    • 6.2.7.1. Illinois Residential Remodeling Market Estimates & Forecast, 2018 - 2030 (USD Billion)
  • 6.2.8. Michigan
    • 6.2.8.1. Michigan Residential Remodeling Market Estimates & Forecast, 2018 - 2030 (USD Billion)
  • 6.2.9. New York
    • 6.2.9.1. New York Residential Remodeling Market Estimates & Forecast, 2018 - 2030 (USD Billion)
  • 6.2.10. North Carolina
    • 6.2.10.1. North Carolina Residential Remodeling Market Estimates & Forecast, 2018 - 2030 (USD Billion)
  • 6.2.11. Pennsylvania
    • 6.2.11.1. Pennsylvania Residential Remodeling Market Estimates & Forecast, 2018 - 2030 (USD Billion)

Chapter 7. U.S. Residential Remodeling Market - Supplier Intelligence

• 7.1. Kraljic Matrix
• 7.2. Engagement Model
• 7.3. Negotiation Strategies
• 7.4. Sourcing Best Practices
• 7.5. Vendor Selection Criteria

Chapter 8. U.S. Residential Remodeling Market - Competitive Landscape

• 8.1. Recent Developments & Impact Analysis, By Key Market Participants
• 8.2. Company Categorization
• 8.3. Company Market Position Analysis, 2023
• 8.4. Company Heat Map Analysis
• 8.5. Strategy Mapping, 2022
• 8.6. Market Entry Strategies
• 8.7. Company Profiles
  • 8.7.1. BELFOR
    • 8.7.1.1. Participant's overview
    • 8.7.1.2. Financial performance
    • 8.7.1.3. Product benchmarking
    • 8.7.1.4. Recent developments
  • 8.7.2. Window World, Inc.
    • 8.7.2.1. Participant's overview
    • 8.7.2.2. Financial performance
    • 8.7.2.3. Product benchmarking
    • 8.7.2.4. Recent developments
  • 8.7.3. GREAT DAY IMPROVEMENTS, LLC
    • 8.7.3.1. Participant's overview
    • 8.7.3.2. Financial performance
    • 8.7.3.3. Product benchmarking
    • 8.7.3.4. Recent developments
  • 8.7.4. A Groundworks Company
    • 8.7.4.1. Participant's overview
    • 8.7.4.2. Financial performance
    • 8.7.4.3. Product benchmarking
    • 8.7.4.4. Recent developments
  • 8.7.5. Renuity
    • 8.7.5.1. Participant's overview
    • 8.7.5.2. Financial performance
    • 8.7.5.3. Product benchmarking
    • 8.7.5.4. Recent developments
  • 8.7.6. Renovo Home Partners
    • 8.7.6.1. Participant's overview
    • 8.7.6.2. Financial performance
    • 8.7.6.3. Product benchmarking
    • 8.7.6.4. Recent developments
  • 8.7.7. ReBath, LLC
    • 8.7.7.1. Participant's overview
    • 8.7.7.2. Financial performance
    • 8.7.7.3. Product benchmarking
    • 8.7.7.4. Recent developments
  • 8.7.8. Erie Home
    • 8.7.8.1. Participant's overview
    • 8.7.8.2. Financial performance
    • 8.7.8.3. Product benchmarking
    • 8.7.8.4. Recent developments
  • 8.7.9. Window Nation
    • 8.7.9.1. Participant's overview
    • 8.7.9.2. Financial performance
    • 8.7.9.3. Product benchmarking
    • 8.7.9.4. Recent developments
  • 8.7.10. DaBella
    • 8.7.10.1. Participant's overview
    • 8.7.10.2. Financial performance
    • 8.7.10.3. Product benchmarking
    • 8.7.10.4. Recent developments
  • 8.7.11. ATI Restoration, LLC
    • 8.7.11.1. Participant's overview
    • 8.7.11.2. Financial performance
    • 8.7.11.3. Product benchmarking
    • 8.7.11.4. Recent developments
  • 8.7.12. NewSouth Window Solutions
    • 8.7.12.1. Participant's overview
    • 8.7.12.2. Financial performance
    • 8.7.12.3. Product benchmarking
    • 8.7.12.4. Recent developments
  • 8.7.13. Window World of Baton Rouge
    • 8.7.13.1. Participant's overview
    • 8.7.13.2. Financial performance
    • 8.7.13.3. Product benchmarking
    • 8.7.13.4. Recent developments
  • 8.7.14. Window Depot USA
    • 8.7.14.1. Participant's overview
    • 8.7.14.2. Financial performance
    • 8.7.14.3. Product benchmarking
    • 8.7.14.4. Recent developments
  • 8.7.15. Thompson Creek
    • 8.7.15.1. Participant's overview
    • 8.7.15.2. Financial performance
    • 8.7.15.3. Product benchmarking
    • 8.7.15.4. Recent developments