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The development in the construction sector is likely to stimulate innovation in the production of residential remodelers, propelling the market during the forecast period.

The global residential remodelers market is expected to grow from $801.10 billion in 2022 to $827.28 billion in 2023 at a compound annual growth rate (CAGR) of 3.3%. The global residential remodelers market size is expected to reach $889.59 billion in 2027 at a CAGR of 1.8%.

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Global Residential Remodelers Market Segments Include:

• By Project: DIY (Do It Yourself), Professional
• By Distribution Channel: Online, Offline
• By Application: Flooring, Walls, Ceilings, Porches, Gardens, Garages, System And Equipment, Disaster Repair, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global residential remodelers market in 2021.

Major Market Players in the residential remodelers market include Andersen Corporation, Dow Inc., Jeld-Wen Holdings Inc., Kajaria Ceramics Limited, Kohler Co., Pella Corporation, Seven Group Holdings Limited (Boral Limited).

Technological developments are a major trend that is gaining traction in the residential remodeler sector. Major residential remodeler organisations are focusing on generating unique solutions to boost their market position. For example, Eyrus Inc., a US-based software company, announced significant platform advancements in December 2022 with the launch of Eyrus Evolved, a full, end-to-end solution to help general contractors make better decisions about progress, risk, and safety. The new technology includes an easy-to-use, non-intrusive system that provides real-time workforce data and analytics through a Consolidated Workforce Database. Eyrus enables project teams to proactively adjust in dynamic project environments in order to positively impact schedule, safety, and cost. By incorporating Construction IoT (Internet of Things) technologies, the Eyrus platform reduces project administrative overhead by 25% by automating important procedures such as labour onboarding, project time keeping, and compliance reporting.

The Residential Remodelers Global Market Report 2023  provides a residential remodelers market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The residential remodelers market forecast analyzes residential remodelers market size, residential remodelers market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Residential remodelers are experts who make changes or improvements to existing homes or residential properties. These changes can be aesthetic or practical, and may include replacing outdated features, creating new rooms or extensions, increasing energy efficiency, or improving the overall visual appeal of the house.

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