The Remodeling Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Remodeling Market?
The remodeling market size has seen strong growth recently. The market size rose from $934.01 billion in 2024 to $980.70 billion in 2025, with an annual growth rate of 5.0%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Remodeling Industry?
The anticipated market size of the global remodeling industry by 2029 is projected to be $1,198.29 billion, with a compound annual growth rate (CAGR) of 5.1%.
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What are the Key Growth Drivers Fueling the Remodeling Market?
The key drivers in the remodeling market are:
• Growing focus on sustainability in remodeling
• Increasing adoption of smart home technology
• Government policies supporting the remodeling industry
• Rising accessibility of renovation loans and financing options
Global Market Segmentation: Identifying Major Remodeling Industry Segments
The remodeling market covered in this report is segmented –
1) By Type: Interior Remodeling, Exterior Remodeling, Structural Remodeling
2) By Project Types: Do It Yourself, Professional
3) By Distribution Channel: Direct Selling Online, Direct Selling To The Consumer, Wholesale To Retailer, Wholesale To Consumer, Wholesalers Selling Online
4) By End-Use: Residential, Commercial, Industrial
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What are the Emerging Trends Shaping the Future of the Remodeling Market?
The key trends in the remodeling market are:
• There is increasing use of sustainable materials in the remodeling industry, reflecting a growing focus on sustainability.
• The integration of smart home technology into remodeling projects is becoming a significant trend.
• The demand for energy-efficient homes is rising, shaping the future of the remodeling market.
• DIY remodeling projects and advancements in 3D printing for construction are emerging trends in the industry.
Who Are the Top Competitors & Leading Players in the Remodeling Market?
Major players in the remodeling market are:
• The Home Depot Inc.
• Lowe's Companies Inc.
• Kohler Co.
• VELUX A/S
• Mr. Handyman International LLC
• Livspace
• Statewide Remodeling Inc.
• Tundraland
• Neil Kelly Inc.
• Granite Transformations LLC
• Sun Design Remodeling Specialists Inc.
• Decormyplace
• Krafted Homes Inc.
• TLC Remodeling
• Dreamstyle Remodeling LLC
• Rennovate
• Indecor.Co
• CivilLane
• Apex Remodeling & Design
• Paam Construction
Regional Dominance: Which Area Leads the Global Remodeling Market?
Europe was the largest region in the remodeling market in 2024
